Galmed Pharmaceuticals (GLMD) Stock Forecast, Price Target & Predictions


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GLMD Stock Forecast


Galmed Pharmaceuticals stock forecast is as follows: a rating consensus of 'Hold', based on 7 wall street analysts offering a 1-year stock forecast.

GLMD Analyst Ratings


Hold

According to 7 Wall Street analysts, Galmed Pharmaceuticals's rating consensus is 'Hold'. The analyst rating breakdown for GLMD stock is 0 'Strong Buy' (0.00%), 3 'Buy' (42.86%), 4 'Hold' (57.14%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Jul 24, 2023Maxim Group-BuyUpgrade
Jul 24, 2023Raymond James-Market PerformDowngrade
Jul 24, 2023BTIG-BuyUpgrade
Jul 24, 2023Goldman Sachs-BuyUpgrade
Jul 24, 2023Credit Suisse-NeutralDowngrade
Jul 24, 2023Piper Sandler-NeutralDowngrade
Jul 24, 2023Exane BNP Paribas-NeutralDowngrade
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Galmed Pharmaceuticals's last stock rating was published by Maxim Group on Jul 24, 2023. The company Upgrade its GLMD rating from "null" to "Buy".

Galmed Pharmaceuticals Financial Forecast


Galmed Pharmaceuticals Revenue Forecast

Sep 24Jun 24Mar 19Mar 18Mar 17
Revenue---$268.00K$268.00K
Avg Forecast--$83.33K$346.17K$352.63K
High Forecast--$83.33K$415.40K$423.16K
Low Forecast--$83.33K$276.93K$282.10K
# Analysts--171920
Surprise %---0.77%0.76%

Galmed Pharmaceuticals's average Quarter revenue forecast for Mar 19 based on 17 analysts is $83.33K, with a low forecast of $83.33K, and a high forecast of $83.33K. GLMD's average Quarter revenue forecast represents a -68.91% decrease compared to the company's last Quarter revenue of $268.00K (Mar 18).

Galmed Pharmaceuticals EBITDA Forecast

Sep 24Jun 24Mar 19Mar 18Mar 17
# Analysts--171920
EBITDA--$-3.48M$-2.45M$-3.10M
Avg Forecast--$-4.64M$-3.16M$-4.08M
High Forecast--$-3.71M$-2.53M$-3.27M
Low Forecast--$-5.56M$-3.79M$-4.90M
Surprise %--0.75%0.77%0.76%

undefined analysts predict GLMD's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Galmed Pharmaceuticals's previous annual EBITDA (undefined) of $NaN.

Galmed Pharmaceuticals Net Income Forecast

Sep 24Jun 24Mar 19Mar 18Mar 17
# Analysts--171920
Net Income--$-3.49M$-2.51M$-3.16M
Avg Forecast$808.57K$704.27K$-4.02M$-3.24M$-4.16M
High Forecast$808.57K$704.27K$-3.21M$-2.59M$-3.33M
Low Forecast$808.57K$704.27K$-4.82M$-3.88M$-4.99M
Surprise %--0.87%0.77%0.76%

Galmed Pharmaceuticals's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. GLMD's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Galmed Pharmaceuticals SG&A Forecast

Sep 24Jun 24Mar 19Mar 18Mar 17
# Analysts--171920
SG&A--$771.00K$883.00K$789.00K
Avg Forecast-----
High Forecast-----
Low Forecast-----
Surprise %-----

Galmed Pharmaceuticals's average Quarter SG&A projection for Jun 24 is -, based on 0 Wall Street analysts, with a range of - to -. The forecast indicates a -100.00% fall compared to GLMD last annual SG&A of $771.00K (Mar 19).

Galmed Pharmaceuticals EPS Forecast

Sep 24Jun 24Mar 19Mar 18Mar 17
# Analysts--171920
EPS--$-0.17$-0.17$-0.26
Avg Forecast$1.54$1.34$-36.23$-0.31$-0.50
High Forecast$1.54$1.34$-36.23$-0.25$-0.40
Low Forecast$1.54$1.34$-36.23$-0.37$-0.60
Surprise %--0.00%0.55%0.52%

According to undefined Wall Street analysts, Galmed Pharmaceuticals's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to GLMD previous annual EPS of $NaN (undefined).

Galmed Pharmaceuticals Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
KODKodiak Sciences$5.64$31.60460.28%Buy
PDSBPDS Bio$2.10$9.00328.57%Buy
ADAPAdaptimmune Therapeutics$0.67$2.83322.39%Buy
AKBAAkebia Therapeutics$1.82$6.50257.14%Buy
AFMDAffimed$3.00$7.50150.00%Buy
ADVMAdverum Bio$6.25$15.00140.00%Buy
LPTXLeap Therapeutics$2.70$5.50103.70%Buy
MREOMereo BioPharma Group$3.49$6.7593.41%Buy
ACHLAchilles Therapeutics$1.05$2.0090.48%Buy
GLMDGalmed Pharmaceuticals$3.00$5.0066.67%Buy
ABEOAbeona Therapeutics$5.89$6.001.87%Buy

GLMD Forecast FAQ


Is Galmed Pharmaceuticals a good buy?

No, according to 7 Wall Street analysts, Galmed Pharmaceuticals (GLMD) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 42.86% of GLMD's total ratings.

Did the GLMD's actual financial results beat the analysts' financial forecasts?

In terms of the last quarterly report (Mar 2018), Galmed Pharmaceuticals's revenue was $268K, missing the average analysts' forecast of $346.17K by -22.58%. The company's EBITDA was $-2.447M, missing the average prediction of $-3.161M by -22.58%. Galmed Pharmaceuticals's net income was $-2.506M, missing the average estimation of $-3.237M by -22.58%. The company's SG&A was $883K, beating the average forecast of $0 by 0%. Lastly, the company's EPS was $-0.17, missing the average prediction of $-0.31 by -45.16%