Heron Therapeutics (HRTX) Stock Forecast, Price Target & Predictions


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HRTX Stock Forecast


Heron Therapeutics stock forecast is as follows: an average price target of $7.00 (represents a 343.04% upside from HRTX’s last price of $1.58) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.

HRTX Price Target


The average price target for Heron Therapeutics (HRTX) is $7.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $9.00 to $5.00. This represents a potential 343.04% upside from HRTX's last price of $1.58.

HRTX Analyst Ratings


Buy

According to 2 Wall Street analysts, Heron Therapeutics's rating consensus is 'Buy'. The analyst rating breakdown for HRTX stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Heron Therapeutics Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 16, 2024Carl ByrnesNorthland Securities$9.00$3.22179.50%469.62%
Mar 13, 2024Serge BelangerNeedham$5.00$3.0166.11%216.46%

The latest Heron Therapeutics stock forecast, released on May 16, 2024 by Carl Byrnes from Northland Securities, set a price target of $9.00, which represents a 179.50% increase from the stock price at the time of the forecast ($3.22), and a 469.62% increase from HRTX last price ($1.58).

Heron Therapeutics Price Target by Period


1M3M12M
# Anlaysts--2
Avg Price Target--$7.00
Last Closing Price$1.58$1.58$1.58
Upside/Downside-100.00%-100.00%343.04%

In the current month, the average price target of Heron Therapeutics stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Heron Therapeutics's last price of $1.58. 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
Jun 12, 2024Rodman & RenshawBuyInitialise
Mar 13, 2024NeedhamBuyBuyHold
Nov 15, 2023NeedhamBuyBuyHold

Heron Therapeutics's last stock rating was published by Rodman & Renshaw on Jun 12, 2024. The company Initialise its HRTX rating from "null" to "Buy".

Heron Therapeutics Financial Forecast


Heron Therapeutics Revenue Forecast

Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 09Mar 08Jun 07Mar 04
Revenue----$34.23M$31.43M-$29.61M$30.03M$26.56M$27.63M$23.46M$21.49M$23.23M$22.44M$20.02M$20.61M$19.96M$22.67M$25.40M$35.08M$42.62M$36.66M$31.60M$11.57M$3.63M$8.00K---
Avg Forecast$37.29M$36.77M$36.09M$32.98M$31.23M$32.65M$31.70M$29.69M$27.24M$26.96M$24.55M$22.61M$25.77M$25.52M$29.45M$25.71M$19.55M$17.17M$19.81M$20.09M$31.81M$34.55M$31.43M$28.04M$12.28M$3.30M$10.00K$127.05K$538.95K$590.00K
High Forecast$37.74M$36.84M$36.89M$32.98M$31.95M$32.70M$32.40M$30.35M$27.85M$26.96M$24.55M$22.61M$25.77M$25.52M$29.45M$25.71M$19.55M$17.17M$19.81M$20.09M$31.81M$34.55M$31.43M$28.04M$14.74M$3.96M$12.00K$152.45K$646.74K$708.00K
Low Forecast$36.83M$36.69M$35.25M$32.98M$30.49M$32.60M$30.96M$29.00M$26.61M$26.96M$24.55M$22.61M$25.77M$25.52M$29.45M$25.71M$19.55M$17.17M$19.81M$20.09M$31.81M$34.55M$31.43M$28.04M$9.83M$2.64M$8.00K$101.64K$431.16K$472.00K
# Analysts21112111111111111388912778162011181811
Surprise %----1.10%0.96%-1.00%1.10%0.99%1.13%1.04%0.83%0.91%0.76%0.78%1.05%1.16%1.14%1.26%1.10%1.23%1.17%1.13%0.94%1.10%0.80%---

Heron Therapeutics's average Quarter revenue forecast for Mar 24 based on 1 analysts is $32.98M, with a low forecast of $32.98M, and a high forecast of $32.98M. HRTX's average Quarter revenue forecast represents a -3.66% decrease compared to the company's last Quarter revenue of $34.23M (Dec 23).

Heron Therapeutics EBITDA Forecast

Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 09Mar 08Jun 07Mar 04
# Analysts21112111111111111388912778162011181811
EBITDA----$-9.51M$-24.20M-$-32.34M$-20.36M$-41.18M$-48.83M$-62.20M$-56.26M$-51.65M$-60.28M$-51.88M$-61.57M$-57.46M$-54.45M$-50.96M$-57.36M$-33.07M$-49.73M$-62.55M$-51.88M$-48.97M$-2.87M---
Avg Forecast$-35.92M$-35.42M$-34.77M$-69.49M$-30.08M$-31.45M$-30.54M$-54.94M$-66.16M$-26.14M$-23.80M$-43.43M$-24.99M$-24.75M$-28.55M$-50.96M$-18.95M$-16.65M$-19.21M$-57.23M$-30.85M$-33.50M$-30.47M$-25.27M$-54.90M$-44.13M$-2.87M$-6.59M$-2.03M$-2.81M
High Forecast$-35.49M$-35.35M$-33.96M$-55.59M$-29.37M$-31.41M$-29.83M$-43.95M$-52.93M$-26.14M$-23.80M$-34.74M$-24.99M$-24.75M$-28.55M$-40.77M$-18.95M$-16.65M$-19.21M$-45.78M$-30.85M$-33.50M$-30.47M$-20.22M$-43.92M$-35.30M$-2.29M$-5.27M$-1.63M$-2.24M
Low Forecast$-36.36M$-35.49M$-35.54M$-83.39M$-30.78M$-31.50M$-31.22M$-65.92M$-79.39M$-26.14M$-23.80M$-52.11M$-24.99M$-24.75M$-28.55M$-61.16M$-18.95M$-16.65M$-19.21M$-68.68M$-30.85M$-33.50M$-30.47M$-30.33M$-65.88M$-52.95M$-3.44M$-7.91M$-2.44M$-3.37M
Surprise %----0.32%0.77%-0.59%0.31%1.58%2.05%1.43%2.25%2.09%2.11%1.02%3.25%3.45%2.83%0.89%1.86%0.99%1.63%2.47%0.95%1.11%1.00%---

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

Heron Therapeutics Net Income Forecast

Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 09Mar 08Jun 07Mar 04
# Analysts21112111111111111388912778162011181811
Net Income----$-10.72M$-25.01M-$-32.47M$-27.21M$-41.93M$-63.22M$-64.85M$-52.24M$-52.41M$-61.02M$-52.61M$-62.28M$-58.23M$-55.19M$-51.58M$-57.92M$-33.59M$-50.22M$-63.01M$-52.27M$-50.33M$-2.96M---
Avg Forecast$-4.67M$-5.79M$-6.01M$-70.29M$-23.51M$-44.70M$-34.13M$-55.56M$-64.26M$-57.27M$-81.64M$-43.92M$-87.83M$-92.60M$-84.99M$-51.69M$-98.43M$-95.52M$-94.65M$-57.93M$-84.95M$-86.81M$-93.21M$-25.46M$-55.30M$-45.35M$-2.96M$-6.68M$-2.72M$-2.86M
High Forecast$-4.53M$-5.61M$-5.83M$-56.23M$-20.38M$-43.35M$-33.10M$-44.45M$-51.40M$-57.27M$-81.64M$-35.14M$-87.83M$-92.60M$-84.99M$-41.35M$-98.43M$-95.52M$-94.65M$-46.34M$-84.95M$-86.81M$-93.21M$-20.37M$-44.24M$-36.28M$-2.37M$-5.35M$-2.18M$-2.29M
Low Forecast$-4.80M$-5.96M$-6.18M$-84.34M$-26.64M$-46.00M$-35.12M$-66.68M$-77.11M$-57.27M$-81.64M$-52.71M$-87.83M$-92.60M$-84.99M$-62.03M$-98.43M$-95.52M$-94.65M$-69.51M$-84.95M$-86.81M$-93.21M$-30.55M$-66.36M$-54.42M$-3.55M$-8.02M$-3.27M$-3.43M
Surprise %----0.46%0.56%-0.58%0.42%0.73%0.77%1.48%0.59%0.57%0.72%1.02%0.63%0.61%0.58%0.89%0.68%0.39%0.54%2.47%0.95%1.11%1.00%---

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

Heron Therapeutics SG&A Forecast

Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 09Mar 08Jun 07Mar 04
# Analysts21112111111111111388912778162011181811
SG&A----$23.62M$24.60M-$32.01M$26.70M$28.18M$32.12M$32.95M$34.37M$34.99M$33.16M$24.81M$28.06M$22.00M$25.41M$30.62M$30.29M$25.57M$33.42M$38.37M$20.86M$18.36M$927.00K---
Avg Forecast$41.60M$41.02M$40.26M$36.79M$34.84M$36.43M$35.36M$28.66M$30.39M$30.08M$27.39M$25.22M$28.75M$28.48M$32.86M$24.37M$21.81M$19.15M$22.10M$22.42M$35.49M$38.55M$35.06M$15.50M$13.70M$3.69M$11.16K$141.74K$601.28K$658.24K
High Forecast$42.11M$41.10M$41.16M$36.79M$35.65M$36.48M$36.15M$34.39M$31.07M$30.08M$27.39M$25.22M$28.75M$28.48M$32.86M$29.25M$21.81M$19.15M$22.10M$22.42M$35.49M$38.55M$35.06M$18.60M$16.45M$4.42M$13.39K$170.09K$721.53K$789.89K
Low Forecast$41.10M$40.94M$39.33M$36.79M$34.02M$36.37M$34.54M$22.93M$29.68M$30.08M$27.39M$25.22M$28.75M$28.48M$32.86M$19.50M$21.81M$19.15M$22.10M$22.42M$35.49M$38.55M$35.06M$12.40M$10.96M$2.95M$8.93K$113.39K$481.02K$526.59K
Surprise %----0.68%0.68%-1.12%0.88%0.94%1.17%1.31%1.20%1.23%1.01%1.02%1.29%1.15%1.15%1.37%0.85%0.66%0.95%2.47%1.52%4.98%83.09%---

Heron Therapeutics's average Quarter SG&A projection for Mar 24 is $36.79M, based on 1 Wall Street analysts, with a range of $36.79M to $36.79M. The forecast indicates a 55.79% rise compared to HRTX last annual SG&A of $23.62M (Dec 23).

Heron Therapeutics EPS Forecast

Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 09Mar 08Jun 07Mar 04
# Analysts21112111111111111388912778162011181811
EPS----$-0.07$-0.17-$-0.27$-0.23$-0.38$-0.62$-0.64$-0.51$-0.51$-0.62$-0.58$-0.68$-0.64$-0.61$-0.57$-0.65$-0.42$-0.63$-0.80$-0.81$-1.00$-2.00---
Avg Forecast$-0.03$-0.04$-0.04$-0.07$-0.15$-0.29$-0.22$-0.22$-0.32$-0.38$-0.54$-0.48$-0.58$-0.61$-0.56$-0.54$-0.65$-0.63$-0.62$-0.65$-0.56$-0.57$-0.61$-0.49$-0.91$-0.82$-2.00$-4.20$-19.62$-5.28
High Forecast$-0.03$-0.04$-0.04$-0.07$-0.13$-0.28$-0.22$-0.21$-0.31$-0.38$-0.54$-0.48$-0.58$-0.61$-0.56$-0.54$-0.65$-0.63$-0.62$-0.65$-0.56$-0.57$-0.61$-0.49$-0.73$-0.66$-1.60$-3.36$-15.70$-4.22
Low Forecast$-0.03$-0.04$-0.04$-0.08$-0.17$-0.30$-0.23$-0.22$-0.33$-0.38$-0.54$-0.48$-0.58$-0.61$-0.56$-0.54$-0.65$-0.63$-0.62$-0.65$-0.56$-0.57$-0.61$-0.49$-1.09$-0.98$-2.40$-5.04$-23.54$-6.34
Surprise %----0.46%0.58%-1.25%0.73%1.01%1.16%1.32%0.88%0.84%1.11%1.07%1.05%1.02%0.98%0.87%1.17%0.74%1.03%1.64%0.89%1.22%1.00%---

According to undefined Wall Street analysts, Heron Therapeutics'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 HRTX previous annual EPS of $NaN (undefined).

Heron Therapeutics Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
INZYInozyme Pharma$2.94$16.00444.22%Buy
XFORX4 Pharmaceuticals$0.74$3.67395.95%Buy
PDSBPDS Bio$1.96$9.00359.18%Buy
HRTXHeron Therapeutics$1.65$7.00324.24%Buy
ABOSAcumen Pharmaceuticals$1.96$7.00257.14%Buy
TERNTerns Pharmaceuticals$6.80$18.67174.56%Buy
MREOMereo BioPharma Group$3.40$8.00135.29%Buy
DAWNDay One Biopharmaceuticals$12.64$24.0089.87%Buy
HOOKHOOKIPA Pharma$2.13$3.0040.85%Buy

HRTX Forecast FAQ


Is Heron Therapeutics a good buy?

Yes, according to 2 Wall Street analysts, Heron Therapeutics (HRTX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of HRTX's total ratings.

What is HRTX's price target?

Heron Therapeutics (HRTX) average price target is $7 with a range of $5 to $9, implying a 343.04% from its last price of $1.58. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Heron Therapeutics stock go up soon?

According to Wall Street analysts' prediction for HRTX stock, the company can go up by 343.04% (from the last price of $1.58 to the average price target of $7), up by 469.62% based on the highest stock price target, and up by 216.46% based on the lowest stock price target.

Can Heron Therapeutics stock reach $2?

HRTX's average twelve months analyst stock price target of $7 supports the claim that Heron Therapeutics can reach $2 in the near future.

What are Heron Therapeutics's analysts' financial forecasts?

HRTX's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $143.13M (high $144.46M, low $141.76M), average EBITDA is $-176M (high $-160M, low $-191M), average net income is $-86.75M (high $-72.197M, low $-101M), average SG&A $159.68M (high $161.17M, low $158.16M), and average EPS is $-0.182 (high $-0.177, low $-0.188).

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

Based on Heron Therapeutics's last annual report (Dec 2023), the company's revenue was $192.15M, beating the average analysts forecast of $125.26M by 53.40%. Apple's EBITDA was $-111M, missing the average prediction of $-147M by -24.76%. The company's net income was $-111M, missing the average estimation of $-158M by -29.98%. Apple's SG&A was $116.66M, missing the average forecast of $135.29M by -13.77%. Lastly, the company's EPS was $-800, beating the average prediction of $-0.886 by 90227.06%. In terms of the last quarterly report (Dec 2023), Heron Therapeutics's revenue was $34.23M, beating the average analysts' forecast of $31.23M by 9.63%. The company's EBITDA was $-9.505M, missing the average prediction of $-30.083M by -68.40%. Heron Therapeutics's net income was $-10.724M, missing the average estimation of $-23.51M by -54.39%. The company's SG&A was $23.62M, missing the average forecast of $34.84M by -32.20%. Lastly, the company's EPS was $-0.0714, missing the average prediction of $-0.154 by -53.59%