Pharming Group (PHAR) Stock Forecast, Price Target & Predictions


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PHAR Stock Forecast


Pharming Group stock forecast is as follows: an average price target of $14.00 (represents a 53.85% upside from PHAR’s last price of $9.10) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.

PHAR Price Target


The average price target for Pharming Group (PHAR) is $14.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $14.00 to $14.00. This represents a potential 53.85% upside from PHAR's last price of $9.10.

PHAR Analyst Ratings


Buy

According to 3 Wall Street analysts, Pharming Group's rating consensus is 'Buy'. The analyst rating breakdown for PHAR stock is 0 'Strong Buy' (0.00%), 3 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Pharming Group Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 09, 2024Lucy CodringtonJefferies$14.00$7.7281.35%53.85%

The latest Pharming Group stock forecast, released on Dec 09, 2024 by Lucy Codrington from Jefferies, set a price target of $14.00, which represents a 81.35% increase from the stock price at the time of the forecast ($7.72), and a 53.85% increase from PHAR last price ($9.10).

Pharming Group Price Target by Period


1M3M12M
# Anlaysts111
Avg Price Target$14.00$14.00$14.00
Last Closing Price$9.10$9.10$9.10
Upside/Downside53.85%53.85%53.85%

In the current month, the average price target of Pharming Group stock is $14.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 53.85% increase as opposed to Pharming Group's last price of $9.10. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Dec 09, 2024JefferiesBuyInitialise
Oct 15, 2024H.C. WainwrightBuyBuyHold
Mar 28, 2023OppenheimerOutperformOutperformHold

Pharming Group's last stock rating was published by Jefferies on Dec 09, 2024. The company Initialise its PHAR rating from "null" to "Buy".

Pharming Group Financial Forecast


Pharming Group Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 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-----------$42.54M$54.62M$54.24M$50.15M$46.62M$45.75M$44.63M$41.26M$36.04M$50.98M$46.12M$39.30M$49.29M$45.66M$45.42M$42.71M$35.22M
Avg Forecast$91.40M$84.00M$81.00M$64.00M$81.25M$76.93M$71.94M$68.42M$71.83M$61.67M$53.23M$50.34M$60.25M$53.50M$51.99M$47.65M$57.58M$59.59M$66.93M$61.29M$59.49M$55.09M$55.92M$52.80M$51.73M$48.54M$47.07M$41.49M
High Forecast$91.67M$84.25M$81.24M$64.19M$83.60M$80.32M$74.39M$70.80M$72.74M$63.27M$53.39M$50.49M$60.43M$53.50M$51.99M$47.65M$57.58M$59.59M$66.93M$61.29M$59.49M$55.09M$55.92M$52.80M$51.73M$48.54M$47.07M$41.49M
Low Forecast$90.71M$83.37M$80.39M$63.52M$79.37M$73.54M$69.48M$66.05M$70.91M$60.07M$52.83M$49.96M$59.80M$53.50M$51.99M$47.65M$57.58M$59.59M$66.93M$61.29M$59.49M$55.09M$55.92M$52.80M$51.73M$48.54M$47.07M$41.49M
# Analysts1111311121111111111111111111
Surprise %-----------0.85%0.91%1.01%0.96%0.98%0.79%0.75%0.62%0.59%0.86%0.84%0.70%0.93%0.88%0.94%0.91%0.85%

Pharming Group's average Quarter revenue forecast for Jun 23 based on 1 analysts is $53.23M, with a low forecast of $52.83M, and a high forecast of $53.39M. PHAR's average Quarter revenue forecast represents a 25.13% increase compared to the company's last Quarter revenue of $42.54M (Mar 23).

Pharming Group EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts1111311121111111111111111111
EBITDA-----------$-11.57M$-11.84M$12.48M$22.98M$7.80M$13.95M$4.47M$9.19M$13.61M$-6.08M$25.35M$10.14M$21.66M$14.74M$21.02M$10.38M$11.07M
Avg Forecast$22.69M$20.85M$20.10M$15.88M$20.17M$19.09M$17.85M$16.98M$17.83M$15.31M$13.21M$12.49M$14.95M$12.77M$12.41M$11.38M$13.75M$14.23M$27.88M$14.63M$14.21M$13.15M$13.35M$12.61M$12.35M$11.59M$11.24M$9.91M
High Forecast$22.75M$20.91M$20.16M$15.93M$20.75M$19.94M$18.46M$17.57M$18.06M$15.70M$13.25M$12.53M$15.00M$12.77M$12.41M$11.38M$13.75M$14.23M$33.46M$14.63M$14.21M$13.15M$13.35M$12.61M$12.35M$11.59M$11.24M$9.91M
Low Forecast$22.51M$20.69M$19.95M$15.77M$19.70M$18.25M$17.25M$16.39M$17.60M$14.91M$13.11M$12.40M$14.84M$12.77M$12.41M$11.38M$13.75M$14.23M$22.30M$14.63M$14.21M$13.15M$13.35M$12.61M$12.35M$11.59M$11.24M$9.91M
Surprise %------------0.93%-0.79%0.98%1.85%0.69%1.01%0.31%0.33%0.93%-0.43%1.93%0.76%1.72%1.19%1.81%0.92%1.12%

1 analysts predict PHAR's average Quarter EBITDA for Dec 22 to be $14.95M, with a high of $15.00M and a low of $14.84M. This is 19.82% upper than Pharming Group's previous annual EBITDA (Sep 22) of $12.48M.

Pharming Group Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts1111311121111111111111111111
Net Income-----------$-12.21M$-14.63M$9.10M$15.74M$3.46M$1.86M$-272.00K$4.85M$7.05M$7.44M$7.45M$9.72M$8.43M$12.14M$10.46M$6.86M$6.74M
Avg Forecast$472.42K$-472.42K$-472.42K$-472.42K$897.60K$-115.71K$-96.35K$336.75K$211.41K$-6.37M$-4.58M$-3.09M$2.64M$1.74M$5.83M$-3.68M$209.40K$2.42M$14.71M$7.98M$4.67M$10.90M$8.47M$11.74M$9.12M$7.63M$6.99M$6.10M
High Forecast$474.27K$-467.79K$-467.79K$-467.79K$1.06M$-114.58K$-95.40K$338.06K$212.24K$-6.31M$-4.54M$-3.06M$2.65M$1.74M$5.83M$-3.68M$209.40K$2.42M$17.65M$7.98M$4.67M$10.90M$8.47M$11.74M$9.12M$7.63M$6.99M$6.10M
Low Forecast$467.79K$-474.27K$-474.27K$-474.27K$739.20K$-116.17K$-96.72K$333.45K$209.34K$-6.40M$-4.60M$-3.10M$2.62M$1.74M$5.83M$-3.68M$209.40K$2.42M$11.77M$7.98M$4.67M$10.90M$8.47M$11.74M$9.12M$7.63M$6.99M$6.10M
Surprise %-----------3.95%-5.54%5.24%2.70%-0.94%8.89%-0.11%0.33%0.88%1.59%0.68%1.15%0.72%1.33%1.37%0.98%1.10%

Pharming Group's average Quarter net income forecast for Dec 22 is $2.64M, with a range of $2.62M to $2.65M. PHAR's average Quarter net income forecast represents a -70.97% decrease compared to the company's last Quarter net income of $9.10M (Sep 22).

Pharming Group SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts1111311121111111111111111111
SG&A-----------$37.09M$46.55M$32.40M$27.95M$24.93M$25.89M$19.14M$18.07M$18.20M$11.10M$14.88M$14.23M$16.68M$17.86M$13.34M$15.08M$12.54M
Avg Forecast$39.06M$35.90M$34.62M$27.35M$34.73M$32.88M$30.74M$29.24M$30.70M$26.36M$22.75M$21.52M$25.75M$22.87M$22.22M$20.37M$24.61M$25.47M$54.83M$26.19M$25.43M$23.55M$23.90M$22.57M$22.11M$20.75M$20.12M$17.73M
High Forecast$39.18M$36.01M$34.72M$27.44M$35.73M$34.33M$31.79M$30.26M$31.09M$27.04M$22.82M$21.58M$25.83M$22.87M$22.22M$20.37M$24.61M$25.47M$65.80M$26.19M$25.43M$23.55M$23.90M$22.57M$22.11M$20.75M$20.12M$17.73M
Low Forecast$38.77M$35.63M$34.36M$27.15M$33.92M$31.43M$29.70M$28.23M$30.30M$25.67M$22.58M$21.35M$25.56M$22.87M$22.22M$20.37M$24.61M$25.47M$43.86M$26.19M$25.43M$23.55M$23.90M$22.57M$22.11M$20.75M$20.12M$17.73M
Surprise %-----------1.72%1.81%1.42%1.26%1.22%1.05%0.75%0.33%0.69%0.44%0.63%0.60%0.74%0.81%0.64%0.75%0.71%

Pharming Group's average Quarter SG&A projection for Jun 23 is $22.75M, based on 1 Wall Street analysts, with a range of $22.58M to $22.82M. The forecast indicates a -38.66% fall compared to PHAR last annual SG&A of $37.09M (Mar 23).

Pharming Group EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts1111311121111111111111111111
EPS-----------$-0.19$-0.21$0.13$0.23$0.05$0.03$-0.00$0.08$0.11$0.11$0.12$0.15$0.13$0.19$0.16$0.11$0.11
Avg Forecast$0.01$-0.01$-0.01$-0.01$0.02$-0.00$-0.00$0.01-$-0.12$-0.09$-0.06$0.05$0.03$0.09$-0.05-$0.04$0.14$0.12$0.07$0.16$0.12$0.17$0.13$0.11$0.10$0.09
High Forecast$0.01$-0.01$-0.01$-0.01$0.02$-0.00$-0.00$0.01-$-0.12$-0.09$-0.06$0.05$0.03$0.09$-0.05-$0.04$0.14$0.12$0.07$0.16$0.12$0.17$0.13$0.11$0.10$0.09
Low Forecast$0.01$-0.01$-0.01$-0.01$0.01$-0.00$-0.00$0.01-$-0.12$-0.09$-0.06$0.05$0.03$0.09$-0.05-$0.04$0.14$0.12$0.07$0.16$0.12$0.17$0.13$0.11$0.10$0.09
Surprise %-----------3.18%-4.11%5.08%2.67%-0.92%9.39%-0.12%0.54%0.93%1.60%0.72%1.20%0.75%1.39%1.43%1.09%1.22%

According to 1 Wall Street analysts, Pharming Group's projected average Quarter EPS for Dec 22 is $0.05, with a low estimate of $0.05 and a high estimate of $0.05. This represents a -60.68% decrease compared to PHAR previous annual EPS of $0.13 (Sep 22).

Pharming Group Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
VRCAVerrica Pharmaceuticals$0.70$12.001614.29%Buy
MOLNMolecular Partners$5.25$29.00452.38%Buy
ANEBAnebulo Pharmaceuticals$1.31$6.00358.02%Buy
OPTOpthea$3.27$14.00328.13%Buy
LRMRLarimar Therapeutics$4.32$17.00293.52%Buy
ACRVAcrivon Therapeutics$7.21$22.50212.07%Buy
PRTCPureTech Health$21.80$57.00161.47%Buy
FENCFennec Pharmaceuticals$6.07$15.75159.47%Buy
MLYSMineralys Therapeutics$12.35$30.00142.91%Buy
PHARPharming Group$8.80$14.0059.09%Buy
RZLTRezolute$4.44$6.6750.23%Buy
JANXJanux Therapeutics$59.61$70.2517.85%Buy

PHAR Forecast FAQ


Is Pharming Group a good buy?

Yes, according to 3 Wall Street analysts, Pharming Group (PHAR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 100.00% of PHAR's total ratings.

What is PHAR's price target?

Pharming Group (PHAR) average price target is $14 with a range of $14 to $14, implying a 53.85% from its last price of $9.1. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Pharming Group stock go up soon?

According to Wall Street analysts' prediction for PHAR stock, the company can go up by 53.85% (from the last price of $9.1 to the average price target of $14), up by 53.85% based on the highest stock price target, and up by 53.85% based on the lowest stock price target.

Can Pharming Group stock reach $14?

PHAR's average twelve months analyst stock price target of $14 does not support the claim that Pharming Group can reach $14 in the near future.

What is Pharming Group's current price target trend?

1 Wall Street analyst forecast a $14 price target for Pharming Group (PHAR) this month, up 53.85% from its last price of $9.1. Compared to the last 3 and 12 months, the average price target increased by 53.85% and increased by 53.85%, respectively.

What are Pharming Group's analysts' financial forecasts?

Pharming Group's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $298.54M (high $309.11M, low $288.44M), average EBITDA is $74.1M (high $76.72M, low $71.59M), average net income is $1.02M (high $1.18M, low $859.76K), average SG&A $127.6M (high $132.11M, low $123.28M), and average EPS is $0.0198 (high $0.0229, low $0.0166). PHAR's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $320.4M (high $321.36M, low $317.99M), average EBITDA is $79.52M (high $79.76M, low $78.92M), average net income is $-945K (high $-929K, low $-955K), average SG&A $136.94M (high $137.35M, low $135.91M), and average EPS is $-0.0183 (high $-0.018, low $-0.0185).

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

Based on Pharming Group's last annual report (Dec 2022), the company's revenue was $205.62M, which missed the average analysts forecast of $213.39M by -3.64%. Apple's EBITDA was $32.61M, missing the average prediction of $51.52M by -36.71%. The company's net income was $13.67M, beating the average estimation of $6.54M by 109.17%. Apple's SG&A was $131.82M, beating the average forecast of $91.2M by 44.53%. Lastly, the company's EPS was $0.21, beating the average prediction of $0.109 by 93.50%. In terms of the last quarterly report (Mar 2023), Pharming Group's revenue was $42.54M, missing the average analysts' forecast of $50.34M by -15.49%. The company's EBITDA was $-11.573M, missing the average prediction of $12.49M by -192.62%. Pharming Group's net income was $-12.208M, beating the average estimation of $-3.09M by 295.06%. The company's SG&A was $37.09M, beating the average forecast of $21.52M by 72.38%. Lastly, the company's EPS was $-0.19, beating the average prediction of $-0.0598 by 217.88%