NGM Biopharmaceuticals (NGM) Stock Forecast, Price Target & Predictions


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NGM Stock Forecast


NGM Biopharmaceuticals stock forecast is as follows: an average price target of $16.50 (represents a 971.43% upside from NGM’s last price of $1.54) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

NGM Price Target


The average price target for NGM Biopharmaceuticals (NGM) is $16.50 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $29.00 to $4.00. This represents a potential 971.43% upside from NGM's last price of $1.54.

NGM Analyst Ratings


Buy

According to 4 Wall Street analysts, NGM Biopharmaceuticals's rating consensus is 'Buy'. The analyst rating breakdown for NGM stock is 0 'Strong Buy' (0.00%), 3 'Buy' (75.00%), 1 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

NGM Biopharmaceuticals Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 17, 2022Steven SeedhouseRaymond James$4.00$3.4117.30%159.74%
May 24, 2022Goldman Sachs$29.00$13.64112.61%1783.12%

The latest NGM Biopharmaceuticals stock forecast, released on Oct 17, 2022 by Steven Seedhouse from Raymond James, set a price target of $4.00, which represents a 17.30% increase from the stock price at the time of the forecast ($3.41), and a 159.74% increase from NGM last price ($1.54).

NGM Biopharmaceuticals Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$1.54$1.54$1.54
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of NGM Biopharmaceuticals stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to NGM Biopharmaceuticals's last price of $1.54. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Nov 22, 2023B. Riley SecuritiesBuyBuyHold
Oct 17, 2022Raymond JamesOutperformDowngrade
Oct 17, 2022Piper SandlerNeutralDowngrade
May 24, 2022Goldman SachsBuyBuyHold

NGM Biopharmaceuticals's last stock rating was published by B. Riley Securities on Nov 22, 2023. The company gave NGM a "Buy" rating, the same as its previous rate.

NGM Biopharmaceuticals Financial Forecast


NGM Biopharmaceuticals 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 19
Revenue-------$2.25M$18.18M$7.91M$8.29M$20.95M-$18.57M$16.77M$21.57M$19.77M$23.48M$19.75M$24.36M$31.08M$21.57M$25.34M$25.55M
Avg Forecast$104.18K$31.43K$52.38K$87.30K$558.20K$2.46M$3.30M$6.14M$6.77M$7.06M$13.40M$14.95M$20.20M$22.65M$22.55M$22.49M$21.97M$20.45M$21.78M$23.19M$17.07M$17.87M$21.69M$21.59M
High Forecast$104.18K$31.43K$52.38K$87.30K$558.20K$2.46M$3.30M$6.14M$6.77M$7.06M$13.40M$14.95M$20.20M$22.65M$22.55M$22.49M$21.97M$20.45M$21.78M$23.19M$17.07M$17.87M$21.69M$21.59M
Low Forecast$104.18K$31.43K$52.38K$87.30K$558.20K$2.46M$3.30M$6.14M$6.77M$7.06M$13.40M$14.95M$20.20M$22.65M$22.55M$22.49M$21.97M$20.45M$21.78M$23.19M$17.07M$17.87M$21.69M$21.59M
# Analysts111131111111222211111111
Surprise %-------0.37%2.69%1.12%0.62%1.40%-0.82%0.74%0.96%0.90%1.15%0.91%1.05%1.82%1.21%1.17%1.18%

NGM Biopharmaceuticals's average Quarter revenue forecast for Jun 23 based on 1 analysts is $3.30M, with a low forecast of $3.30M, and a high forecast of $3.30M. NGM's average Quarter revenue forecast represents a 47.05% increase compared to the company's last Quarter revenue of $2.25M (Mar 23).

NGM Biopharmaceuticals 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 19
# Analysts111131111111222211111111
EBITDA-----$-31.03M$-40.58M$-50.19M$-38.30M$-47.71M$-45.67M$-31.15M$-25.75M$-27.37M$-35.13M$-25.99M$-26.44M$-28.14M$-23.97M$-17.38M$-14.17M$-8.97M$-5.73M$-6.31M
Avg Forecast$-93.27K$-28.14K$-46.90K$-78.16K$-499.76K$-2.20M$-2.96M$-5.49M$-6.06M$-6.32M$-12.00M$-33.53M$-18.08M$-20.28M$-20.19M$-29.70M$-19.67M$-18.30M$-19.50M$-16.74M$-15.28M$-16.00M$-19.42M$-13.18M
High Forecast$-93.27K$-28.14K$-46.90K$-78.16K$-499.76K$-2.20M$-2.96M$-5.49M$-6.06M$-6.32M$-12.00M$-26.82M$-18.08M$-20.28M$-20.19M$-23.76M$-19.67M$-18.30M$-19.50M$-13.39M$-15.28M$-16.00M$-19.42M$-10.54M
Low Forecast$-93.27K$-28.14K$-46.90K$-78.16K$-499.76K$-2.20M$-2.96M$-5.49M$-6.06M$-6.32M$-12.00M$-40.24M$-18.08M$-20.28M$-20.19M$-35.64M$-19.67M$-18.30M$-19.50M$-20.09M$-15.28M$-16.00M$-19.42M$-15.81M
Surprise %-----14.12%13.72%9.14%6.32%7.54%3.81%0.93%1.42%1.35%1.74%0.88%1.34%1.54%1.23%1.04%0.93%0.56%0.30%0.48%

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

NGM Biopharmaceuticals 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 19
# Analysts111131111111222211111111
Net Income-----$-28.80M$-38.26M$-45.10M$-34.58M$-46.22M$-45.97M$-32.32M-$-28.86M$-36.69M$-27.54M$-27.99M$-29.77M$-25.62M$-19.11M$-15.94M$-10.92M$-7.67M$-8.27M
Avg Forecast$-15.73M$-26.60M$-28.15M$-34.29M$-32.56M$-35.13M$-41.22M$-42.82M$-42.64M$-48.99M$-44.02M$-35.27M$-29.81M$-27.74M$-28.74M$-31.48M$-38.45M$-30.34M$-25.37M$-18.41M$-21.88M$-22.87M$-69.11M$-17.27M
High Forecast$-15.73M$-26.60M$-28.15M$-34.29M$-27.28M$-35.13M$-41.22M$-42.82M$-42.64M$-48.99M$-44.02M$-28.22M$-29.81M$-27.74M$-28.74M$-25.18M$-38.45M$-30.34M$-25.37M$-14.73M$-21.88M$-22.87M$-69.11M$-13.82M
Low Forecast$-15.73M$-26.60M$-28.15M$-34.29M$-44.00M$-35.13M$-41.22M$-42.82M$-42.64M$-48.99M$-44.02M$-42.33M$-29.81M$-27.74M$-28.74M$-37.77M$-38.45M$-30.34M$-25.37M$-22.09M$-21.88M$-22.87M$-69.11M$-20.73M
Surprise %-----0.82%0.93%1.05%0.81%0.94%1.04%0.92%-1.04%1.28%0.88%0.73%0.98%1.01%1.04%0.73%0.48%0.11%0.48%

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

NGM Biopharmaceuticals 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 19
# Analysts111131111111222211111111
SG&A-----$8.67M$9.65M$11.58M$9.76M$10.11M$9.93M$10.72M-$8.87M$9.82M$8.72M$7.38M$6.46M$6.79M$6.59M$6.42M$5.61M$6.23M$5.37M
Avg Forecast$209.65K$63.24K$105.41K$175.69K$1.12M$4.94M$6.65M$12.35M$13.62M$14.22M$26.97M$11.66M$40.64M$45.59M$45.39M$9.97M$44.21M$41.14M$43.84M$6.35M$34.34M$35.96M$43.64M$11.21M
High Forecast$209.65K$63.24K$105.41K$175.69K$1.12M$4.94M$6.65M$12.35M$13.62M$14.22M$26.97M$13.99M$40.64M$45.59M$45.39M$11.96M$44.21M$41.14M$43.84M$7.62M$34.34M$35.96M$43.64M$13.46M
Low Forecast$209.65K$63.24K$105.41K$175.69K$1.12M$4.94M$6.65M$12.35M$13.62M$14.22M$26.97M$9.32M$40.64M$45.59M$45.39M$7.97M$44.21M$41.14M$43.84M$5.08M$34.34M$35.96M$43.64M$8.97M
Surprise %-----1.75%1.45%0.94%0.72%0.71%0.37%0.92%-0.19%0.22%0.88%0.17%0.16%0.15%1.04%0.19%0.16%0.14%0.48%

NGM Biopharmaceuticals's average Quarter SG&A projection for Dec 23 is $1.12M, based on 3 Wall Street analysts, with a range of $1.12M to $1.12M. The forecast indicates a -87.04% fall compared to NGM last annual SG&A of $8.67M (Sep 23).

NGM Biopharmaceuticals 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 19
# Analysts111131111111222211111111
EPS-----$-0.35$-0.46$-0.55$-0.42$-0.57$-0.58$-0.41-$-0.37$-0.48$-0.36$-0.40$-0.43$-0.38$-0.28$-0.24$-0.17$-0.13$-0.13
Avg Forecast$-0.19$-0.32$-0.34$-0.41$-0.39$-0.42$-0.50$-0.52$-0.52$-0.59$-0.53$-0.46$-0.36$-0.34$-0.35$-0.41$-0.46$-0.37$-0.31$-0.28$-0.26$-0.28$-0.83$-0.28
High Forecast$-0.19$-0.32$-0.34$-0.41$-0.33$-0.42$-0.50$-0.52$-0.52$-0.59$-0.53$-0.46$-0.36$-0.34$-0.35$-0.41$-0.46$-0.37$-0.31$-0.28$-0.26$-0.28$-0.83$-0.28
Low Forecast$-0.19$-0.32$-0.34$-0.41$-0.53$-0.42$-0.50$-0.52$-0.52$-0.59$-0.53$-0.46$-0.36$-0.34$-0.35$-0.41$-0.46$-0.37$-0.31$-0.28$-0.26$-0.28$-0.83$-0.28
Surprise %-----0.82%0.92%1.06%0.82%0.96%1.09%0.90%-1.10%1.38%0.88%0.86%1.17%1.24%0.99%0.91%0.62%0.16%0.46%

According to undefined Wall Street analysts, NGM Biopharmaceuticals'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 NGM previous annual EPS of $NaN (undefined).

NGM Biopharmaceuticals Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
NKTXNkarta$2.35$21.60819.15%Buy
TILInstil Bio$21.89$150.00585.24%Hold
KROSKeros Therapeutics$16.71$101.00504.43%Buy
IPSCCentury Therapeutics$1.03$5.00385.44%Buy
SANASana Bio$1.75$8.00357.14%Buy
PRLDPrelude Therapeutics$1.19$5.00320.17%Sell
CCCCC4 Therapeutics$3.87$16.00313.44%Buy
NXTCNextCure$0.87$3.00244.83%Buy
FHTXFoghorn Therapeutics$5.02$14.00178.88%Buy
ASMBAssembly Biosciences$14.72$35.50141.17%Buy
MLYSMineralys Therapeutics$12.80$30.00134.38%Buy
ERASErasca$2.57$6.00133.46%Buy
ACHLAchilles Therapeutics$1.14$2.0075.44%Buy
LYELLyell Immunopharma$0.61$1.0063.93%Hold
RZLTRezolute$4.41$6.6751.25%Buy
KZRKezar Life Sciences$6.56$9.0037.20%Buy

NGM Forecast FAQ


Is NGM Biopharmaceuticals a good buy?

Yes, according to 4 Wall Street analysts, NGM Biopharmaceuticals (NGM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 75.00% of NGM's total ratings.

What is NGM's price target?

NGM Biopharmaceuticals (NGM) average price target is $16.5 with a range of $4 to $29, implying a 971.43% from its last price of $1.54. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will NGM Biopharmaceuticals stock go up soon?

According to Wall Street analysts' prediction for NGM stock, the company can go up by 971.43% (from the last price of $1.54 to the average price target of $16.5), up by 1783.12% based on the highest stock price target, and up by 159.74% based on the lowest stock price target.

Can NGM Biopharmaceuticals stock reach $2?

NGM's average twelve months analyst stock price target of $16.5 supports the claim that NGM Biopharmaceuticals can reach $2 in the near future.

What are NGM Biopharmaceuticals's analysts' financial forecasts?

NGM Biopharmaceuticals's analysts financial forecasts for the fiscal year (Dec 2023) are as follows: average revenue is $12.45M (high $12.45M, low $12.45M), average EBITDA is $-11.151M (high $-11.15M, low $-11.151M), average net income is $-152M (high $-146M, low $-163M), average SG&A $25.06M (high $25.06M, low $25.06M), and average EPS is $-1.832 (high $-1.769, low $-1.971). NGM's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $275.28K (high $275.28K, low $275.28K), average EBITDA is $-246K (high $-246K, low $-246K), average net income is $-105M (high $-105M, low $-105M), average SG&A $553.99K (high $553.99K, low $553.99K), and average EPS is $-1.265 (high $-1.265, low $-1.265).

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

Based on NGM Biopharmaceuticals's last annual report (Dec 2022), the company's revenue was $55.33M, beating the average analysts forecast of $42.18M by 31.20%. Apple's EBITDA was $-166M, beating the average prediction of $-57.908M by 187.09%. The company's net income was $-159M, missing the average estimation of $-171M by -6.93%. Apple's SG&A was $40.52M, missing the average forecast of $66.45M by -39.03%. Lastly, the company's EPS was $-1.99, missing the average prediction of $-2.096 by -5.07%. In terms of the last quarterly report (Mar 2023), NGM Biopharmaceuticals's revenue was $2.25M, missing the average analysts' forecast of $6.14M by -63.39%. The company's EBITDA was $-50.194M, beating the average prediction of $-5.494M by 813.56%. NGM Biopharmaceuticals's net income was $-45.1M, beating the average estimation of $-42.818M by 5.33%. The company's SG&A was $11.58M, missing the average forecast of $12.35M by -6.20%. Lastly, the company's EPS was $-0.55, beating the average prediction of $-0.517 by 6.36%