Gritstone bio (GRTS) Stock Forecast, Price Target & Predictions


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GRTS Stock Forecast


Gritstone bio stock forecast is as follows: an average price target of $4.67 (represents a 733.63% upside from GRTS’s last price of $0.56) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.

GRTS Price Target


The average price target for Gritstone bio (GRTS) is $4.67 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $6.00 to $3.00. This represents a potential 733.63% upside from GRTS's last price of $0.56.

GRTS Analyst Ratings


Buy

According to 5 Wall Street analysts, Gritstone bio's rating consensus is 'Buy'. The analyst rating breakdown for GRTS stock is 0 'Strong Buy' (0.00%), 5 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Gritstone bio Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Apr 02, 2024Kaveri PohlmanBTIG$3.00$1.20150.00%435.52%
Apr 02, 2024Roy BuchananJMP Securities$5.00$2.35112.77%792.54%
Oct 30, 2022Edward TenthoffPiper Sandler$6.00$2.71121.40%971.05%
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The latest Gritstone bio stock forecast, released on Apr 02, 2024 by Kaveri Pohlman from BTIG, set a price target of $3.00, which represents a 150.00% increase from the stock price at the time of the forecast ($1.20), and a 435.52% increase from GRTS last price ($0.56).

Gritstone bio Price Target by Period


1M3M12M
# Anlaysts--2
Avg Price Target--$4.00
Last Closing Price$0.56$0.56$0.56
Upside/Downside-100.00%-100.00%614.03%

In the current month, the average price target of Gritstone bio stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Gritstone bio's last price of $0.56. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 14, 2024Cowen & Co.BuyBuyHold
Aug 14, 2024Piper SandlerOverweightOverweightHold
Aug 05, 2024JMP SecuritiesMarket OutperformMarket OutperformHold
Aug 05, 2024H.C. WainwrightUnderperformUnderperformHold
Jun 14, 2024JMP SecuritiesMarket OutperformMarket OutperformHold
May 24, 2024B. RileyBuyBuyHold
May 13, 2024JMP SecuritiesMarket OutperformMarket OutperformHold
May 13, 2024H.C. WainwrightUnderperformUnderperformHold
Apr 02, 2024BTIGBuyBuyHold
Apr 02, 2024JMP SecuritiesOutperformOutperformHold
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Gritstone bio's last stock rating was published by Cowen & Co. on Aug 14, 2024. The company gave GRTS a "Buy" rating, the same as its previous rate.

Gritstone bio Financial Forecast


Gritstone bio Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Sep 18
Revenue--------$13.84M-$1.96M$542.00K$1.33M$436.00K-$4.75M$3.06M$2.61M$2.84M$39.69M$1.35M$939.00K$488.00K$1.26M$884.00K$984.00K$1.15M$1.35M$96.00K
Avg Forecast$900.00K$900.00K$850.00K$850.00K$2.53M$2.59M$1.72M$2.85M$5.11M$1.89M$2.51M$3.17M$2.91M$3.61M$3.19M$4.21M$2.86M$2.24M$2.24M$12.21M$1.23M$1.19M$1.53M$1.25M$1.10M$1.13M$1.10M$798.50K$869.49K
High Forecast$900.00K$900.00K$850.00K$850.00K$2.53M$3.38M$1.72M$2.85M$11.17M$1.89M$2.51M$3.17M$2.91M$3.61M$3.19M$4.21M$2.86M$2.24M$2.24M$12.21M$1.23M$1.19M$1.53M$1.25M$1.10M$1.13M$1.10M$798.50K$1.04M
Low Forecast$900.00K$900.00K$850.00K$850.00K$2.53M$1.79M$1.72M$2.85M$1.28M$1.89M$2.51M$3.17M$2.91M$3.61M$3.19M$4.21M$2.86M$2.24M$2.24M$12.21M$1.23M$1.19M$1.53M$1.25M$1.10M$1.13M$1.10M$798.50K$695.59K
# Analysts1111242454443311222610101010555512
Surprise %--------2.71%-0.78%0.17%0.46%0.12%-1.13%1.07%1.17%1.27%3.25%1.10%0.79%0.32%1.01%0.80%0.87%1.05%1.69%0.11%

Gritstone bio's average Quarter revenue forecast for Mar 24 based on 4 analysts is $2.85M, with a low forecast of $2.85M, and a high forecast of $2.85M. GRTS's average Quarter revenue forecast represents a -79.38% decrease compared to the company's last Quarter revenue of $13.84M (Dec 23).

Gritstone bio EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Sep 18
# Analysts1111242454443311222610101010555512
EBITDA--------$-40.24M-$-35.73M$-33.14M$-28.82M$-27.74M-$-27.37M$-28.20M$-26.53M$-23.52M$9.52M$-25.47M$-24.40M$-24.22M$-24.58M$-26.26M$-26.38M$-20.08M$-16.97M$-17.59M
Avg Forecast$-900.00K$-900.00K$-850.00K$-850.00K$-2.53M$-2.59M$-1.72M$-2.85M$-5.11M$-1.89M$-2.51M$-3.17M$-2.91M$-39.66M$-3.19M$-29.49M$-2.86M$-31.35M$-32.40M$-12.21M$-1.23M$-22.49M$-25.54M$-25.25M$-1.10M$-21.51M$-19.75M$-17.76M$-159.27M
High Forecast$-900.00K$-900.00K$-850.00K$-850.00K$-2.53M$-1.79M$-1.72M$-2.85M$-1.28M$-1.89M$-2.51M$-3.17M$-2.91M$-31.73M$-3.19M$-23.59M$-2.86M$-25.08M$-25.92M$-12.21M$-1.23M$-17.99M$-20.44M$-20.20M$-1.10M$-17.20M$-15.80M$-14.21M$-127.42M
Low Forecast$-900.00K$-900.00K$-850.00K$-850.00K$-2.53M$-3.38M$-1.72M$-2.85M$-11.17M$-1.89M$-2.51M$-3.17M$-2.91M$-47.59M$-3.19M$-35.39M$-2.86M$-37.62M$-38.87M$-12.21M$-1.23M$-26.99M$-30.65M$-30.30M$-1.10M$-25.81M$-23.70M$-21.31M$-191.12M
Surprise %--------7.88%-14.21%10.46%9.90%0.70%-0.93%9.85%0.85%0.73%-0.78%20.80%1.08%0.95%0.97%23.87%1.23%1.02%0.96%0.11%

2 analysts predict GRTS's average Quarter EBITDA for Jun 21 to be $-32.40M, with a high of $-25.92M and a low of $-38.87M. This is -440.36% lower than Gritstone bio's previous annual EBITDA (Mar 21) of $9.52M.

Gritstone bio Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Sep 18
# Analysts1111242454443311222610101010555512
Net Income--------$-30.81M-$-35.26M$-33.99M$-30.66M$-30.05M-$-28.82M$-29.77M$-28.12M$-25.12M$7.92M$-27.17M$-26.07M$-25.87M$-26.21M$-27.70M$-27.55M$-21.17M$-18.01M$-18.59M
Avg Forecast$-30.81M$-28.66M$-27.94M$-27.94M$-27.43M$-27.43M$-39.30M$-45.68M$-46.88M$-48.78M$-49.68M$-49.50M$-49.29M$-42.04M$-46.83M$-31.26M$-37.35M$-33.23M$-34.60M$16.09M$-59.86M$-24.04M$-27.29M$-26.92M$-69.56M$-22.46M$-20.83M$-18.84M$-168.35M
High Forecast$-30.81M$-28.66M$-27.94M$-27.94M$-27.43M$-20.21M$-39.30M$-45.68M$-41.67M$-48.78M$-49.68M$-49.50M$-49.29M$-33.63M$-46.83M$-25.01M$-37.35M$-26.58M$-27.68M$19.31M$-59.86M$-19.23M$-21.83M$-21.54M$-69.56M$-17.97M$-16.66M$-15.07M$-134.68M
Low Forecast$-30.81M$-28.66M$-27.94M$-27.94M$-27.43M$-33.21M$-39.30M$-45.68M$-54.69M$-48.78M$-49.68M$-49.50M$-49.29M$-50.44M$-46.83M$-37.51M$-37.35M$-39.88M$-41.52M$12.87M$-59.86M$-28.84M$-32.74M$-32.31M$-69.56M$-26.95M$-25.00M$-22.61M$-202.03M
Surprise %--------0.66%-0.71%0.69%0.62%0.71%-0.92%0.80%0.85%0.73%0.49%0.45%1.08%0.95%0.97%0.40%1.23%1.02%0.96%0.11%

Gritstone bio's average Quarter net income forecast for Jun 21 is $-34.60M, with a range of $-41.52M to $-27.68M. GRTS's average Quarter net income forecast represents a -536.66% decrease compared to the company's last Quarter net income of $7.92M (Mar 21).

Gritstone bio SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Sep 18
# Analysts1111242454443311222610101010555512
SG&A--------$7.92M-$6.72M$6.75M$6.76M$6.46M-$7.96M$6.68M$6.37M$5.94M$6.94M$5.66M$5.03M$5.25M$5.46M$5.62M$4.58M$4.83M$4.38M$3.09M
Avg Forecast$5.28M$5.28M$4.99M$4.99M$14.86M$15.20M$10.10M$16.75M$29.99M$11.12M$14.76M$18.59M$17.08M$21.18M$18.74M$24.73M$16.80M$13.14M$13.14M$71.69M$7.19M$6.97M$8.99M$7.36M$6.46M$6.65M$6.46M$4.69M$5.10M
High Forecast$5.28M$5.28M$4.99M$4.99M$14.86M$19.87M$10.10M$16.75M$65.60M$11.12M$14.76M$18.59M$17.08M$21.18M$18.74M$24.73M$16.80M$13.14M$13.14M$71.69M$7.19M$6.97M$8.99M$7.36M$6.46M$6.65M$6.46M$4.69M$6.13M
Low Forecast$5.28M$5.28M$4.99M$4.99M$14.86M$10.51M$10.10M$16.75M$7.50M$11.12M$14.76M$18.59M$17.08M$21.18M$18.74M$24.73M$16.80M$13.14M$13.14M$71.69M$7.19M$6.97M$8.99M$7.36M$6.46M$6.65M$6.46M$4.69M$4.08M
Surprise %--------0.26%-0.46%0.36%0.40%0.31%-0.32%0.40%0.49%0.45%0.10%0.79%0.72%0.58%0.74%0.87%0.69%0.75%0.93%0.60%

Gritstone bio's average Quarter SG&A projection for Mar 24 is $16.75M, based on 4 Wall Street analysts, with a range of $16.75M to $16.75M. The forecast indicates a 111.63% rise compared to GRTS last annual SG&A of $7.92M (Dec 23).

Gritstone bio EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Sep 18
# Analysts1111242454443311222610101010555512
EPS--------$-0.00-$-0.00$-0.30$-0.34$-0.35-$-0.33$-0.38$-0.36$-0.33$0.10$-0.72$-0.69$-0.69$-0.71$-0.75$-0.77$-0.63$-0.62$-7.60
Avg Forecast$-0.21$-0.20$-0.20$-0.20$-0.19$-0.19$-0.27$-0.32$-0.33$-0.34$-0.35$-0.35$-0.34$-0.40$-0.40$-0.37$-0.38$-0.52$-0.58$-0.39$-0.61$-0.64$-0.72$-0.73$-0.71$-0.66$-0.62$-0.65$-5.71
High Forecast$-0.21$-0.20$-0.20$-0.20$-0.19$-0.14$-0.27$-0.32$-0.29$-0.34$-0.35$-0.35$-0.34$-0.40$-0.40$-0.37$-0.38$-0.52$-0.58$-0.39$-0.61$-0.64$-0.72$-0.73$-0.71$-0.66$-0.62$-0.65$-4.56
Low Forecast$-0.21$-0.20$-0.20$-0.20$-0.19$-0.23$-0.27$-0.32$-0.38$-0.34$-0.35$-0.35$-0.34$-0.40$-0.40$-0.37$-0.38$-0.52$-0.58$-0.39$-0.61$-0.64$-0.72$-0.73$-0.71$-0.66$-0.62$-0.65$-6.85
Surprise %--------0.00%-0.00%0.87%0.99%0.88%-0.90%0.99%0.69%0.57%-0.26%1.17%1.07%0.96%0.97%1.06%1.16%1.02%0.95%1.33%

According to 2 Wall Street analysts, Gritstone bio's projected average Quarter EPS for Jun 21 is $-0.58, with a low estimate of $-0.58 and a high estimate of $-0.58. This represents a -678.68% decrease compared to GRTS previous annual EPS of $0.10 (Mar 21).

Gritstone bio Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
KZRKezar Life Sciences$0.58$17.502917.24%Buy
SGMOSangamo Therapeutics$0.83$12.001345.78%Hold
ALLOAllogene Therapeutics$2.88$29.00906.94%Buy
GRTSGritstone bio$0.56$4.67733.93%Buy
PASGPassage Bio$0.73$6.00721.92%Buy
KRONKronos Bio$0.94$7.63711.70%Buy
IFRXInflaRx$1.44$6.00316.67%Strong Buy
HRTXHeron Therapeutics$1.90$7.00268.42%Buy
FULCFulcrum Therapeutics$3.49$9.86182.52%Buy
ADAPAdaptimmune Therapeutics$1.05$2.83169.52%Buy
ANVSAnnovis Bio$8.74$23.50168.88%Buy
EWTXEdgewise Therapeutics$18.08$48.00165.49%Buy
ERASErasca$2.89$7.00142.21%Buy
ANNXAnnexon$6.99$14.00100.29%Buy
LPTXLeap Therapeutics$2.80$5.5096.43%Buy
AFMDAffimed$4.07$7.5084.28%Buy
CCCCC4 Therapeutics$6.46$11.3375.39%Hold
BBIOBridgeBio Pharma$26.73$44.9067.98%Buy
AUPHAurinia Pharmaceuticals$7.14$10.7550.56%Buy
CRVSCorvus Pharmaceuticals$5.50$7.0027.27%Buy
GTHXG1 Therapeutics$7.15$4.50-37.06%Buy

GRTS Forecast FAQ


Yes, according to 5 Wall Street analysts, Gritstone bio (GRTS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 100.00% of GRTS's total ratings.

Gritstone bio (GRTS) average price target is $4.67 with a range of $3 to $6, implying a 733.63% from its last price of $0.56. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for GRTS stock, the company can go up by 733.63% (from the last price of $0.56 to the average price target of $4.67), up by 971.05% based on the highest stock price target, and up by 435.52% based on the lowest stock price target.

GRTS's average twelve months analyst stock price target of $4.67 supports the claim that Gritstone bio can reach $1 in the near future.

Gritstone bio's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $9.69M (high $10.49M, low $8.9M), average EBITDA is $-9.694M (high $-8.895M, low $-10.49M), average net income is $-140M (high $-133M, low $-146M), average SG&A $56.91M (high $61.58M, low $52.22M), and average EPS is $-0.976 (high $-0.926, low $-1.016). GRTS's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.5M (high $3.5M, low $3.5M), average EBITDA is $-3.5M (high $-3.5M, low $-3.5M), average net income is $-115M (high $-115M, low $-115M), average SG&A $20.55M (high $20.55M, low $20.55M), and average EPS is $-0.805 (high $-0.805, low $-0.805).

Based on Gritstone bio's last annual report (Dec 2023), the company's revenue was $16.34M, beating the average analysts forecast of $12.68M by 28.87%. Apple's EBITDA was $-140M, beating the average prediction of $-12.682M by 1000.92%. The company's net income was $-138M, missing the average estimation of $-195M by -28.92%. Apple's SG&A was $28.78M, missing the average forecast of $74.45M by -61.34%. Lastly, the company's EPS was $-0.0012, missing the average prediction of $-1.36 by -99.91%. In terms of the last quarterly report (Dec 2023), Gritstone bio's revenue was $13.84M, beating the average analysts' forecast of $5.11M by 170.88%. The company's EBITDA was $-40.24M, beating the average prediction of $-5.108M by 687.76%. Gritstone bio's net income was $-30.808M, missing the average estimation of $-46.881M by -34.28%. The company's SG&A was $7.92M, missing the average forecast of $29.99M by -73.60%. Lastly, the company's EPS was $-0.0003, missing the average prediction of $-0.327 by -99.91%