Sutro Biopharma (STRO) Stock Forecast, Price Target & Predictions


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STRO Stock Forecast


Sutro Biopharma stock forecast is as follows: an average price target of $11.14 (represents a 201.90% upside from STRO’s last price of $3.69) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.

STRO Price Target


The average price target for Sutro Biopharma (STRO) is $11.14 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $15.00 to $8.00. This represents a potential 201.90% upside from STRO's last price of $3.69.

STRO Analyst Ratings


Buy

According to 7 Wall Street analysts, Sutro Biopharma's rating consensus is 'Buy'. The analyst rating breakdown for STRO stock is 0 'Strong Buy' (0.00%), 7 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Sutro Biopharma Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 11, 2024Tazeen AhmadBank of America Securities$12.00$3.60232.87%225.20%
Oct 11, 2024Andrew FeinH.C. Wainwright$12.00$3.61232.41%225.20%
Aug 16, 2024Asthika GoonewardeneTruist Financial$15.00$4.21256.29%306.50%
May 14, 2024James ShinDeutsche Bank$10.00$4.34130.41%171.00%
May 14, 2024David NierengartenWedbush$8.00$4.2389.13%116.80%
Apr 03, 2024Jay OlsonOppenheimer$10.00$5.0996.46%171.00%
Apr 03, 2024Edward TenthoffPiper Sandler$11.00$5.09116.11%198.10%
Apr 02, 2024Asthika GoonewardeneTruist Financial$18.00$5.09253.63%387.80%
Jan 13, 2023-Truist Financial$25.00$8.13207.31%577.51%
Jan 10, 2023-Piper Sandler$18.00$8.29117.13%387.80%
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The latest Sutro Biopharma stock forecast, released on Oct 11, 2024 by Tazeen Ahmad from Bank of America Securities, set a price target of $12.00, which represents a 232.87% increase from the stock price at the time of the forecast ($3.60), and a 225.20% increase from STRO last price ($3.69).

Sutro Biopharma Price Target by Period


1M3M12M
# Anlaysts238
Avg Price Target$12.00$13.00$12.00
Last Closing Price$3.69$3.69$3.69
Upside/Downside225.20%252.30%225.20%

In the current month, the average price target of Sutro Biopharma stock is $12.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 225.20% increase as opposed to Sutro Biopharma's last price of $3.69. This month's average price target is down -7.69% compared to last quarter, and down 0.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 11, 2024H.C. WainwrightUnderperformUnderperformHold
Oct 11, 2024JMP SecuritiesMarket OutperformMarket OutperformHold
Oct 11, 2024Piper SandlerOverweightOverweightHold
Oct 11, 2024Bank of America SecuritiesBuyBuyHold
Oct 11, 2024H.C. WainwrightBuyBuyHold
Sep 16, 2024JMP SecuritiesMarket OutperformMarket OutperformHold
Sep 16, 2024H.C. WainwrightUnderperformUnderperformHold
Sep 16, 2024Cowen & Co.BuyBuyHold
Aug 14, 2024Cowen & Co.BuyBuyHold
Aug 14, 2024Piper SandlerOverweightOverweightHold
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Sutro Biopharma's last stock rating was published by H.C. Wainwright on Oct 11, 2024. The company gave STRO a "Underperform" rating, the same as its previous rate.

Sutro Biopharma Financial Forecast


Sutro Biopharma Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 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 19
Revenue------------$113.72M$16.92M$10.41M$12.67M$8.63M$25.15M$28.10M$5.90M$10.65M$8.52M$28.05M$14.66M$8.28M$17.82M$9.47M$7.15M$11.30M$12.28M
Avg Forecast$9.01M$1.63M$49.37M$45.50M$10.13M$12.53M$12.43M$12.32M$16.11M$15.29M$21.02M$12.07M$57.36M$13.01M$12.56M$12.13M$14.52M$35.71M$16.01M$10.46M$11.81M$8.97M$13.29M$4.80M$8.27M$7.29M$6.96M$10.70M$9.95M$9.86M
High Forecast$9.01M$1.63M$49.37M$45.50M$10.13M$12.53M$12.43M$12.32M$16.11M$23.77M$21.02M$12.07M$83.82M$13.20M$12.56M$12.13M$14.52M$35.71M$16.01M$10.46M$11.81M$8.97M$13.29M$4.80M$8.27M$7.29M$6.96M$10.70M$9.95M$9.86M
Low Forecast$9.01M$1.63M$49.37M$45.50M$10.13M$12.53M$12.43M$12.32M$16.11M$2.57M$21.02M$12.07M$28.30M$12.81M$12.56M$12.13M$14.52M$35.71M$16.01M$10.46M$11.81M$8.97M$13.29M$4.80M$8.27M$7.29M$6.96M$10.70M$9.95M$9.86M
# Analysts54544343585475632222345913889127
Surprise %------------1.98%1.30%0.83%1.04%0.59%0.70%1.76%0.56%0.90%0.95%2.11%3.05%1.00%2.45%1.36%0.67%1.14%1.25%

Sutro Biopharma's average Quarter revenue forecast for Mar 24 based on 4 analysts is $12.07M, with a low forecast of $12.07M, and a high forecast of $12.07M. STRO's average Quarter revenue forecast represents a -89.38% decrease compared to the company's last Quarter revenue of $113.72M (Dec 23).

Sutro Biopharma EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 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 19
# Analysts54544343585475632222345913889127
EBITDA------------$44.88M$-44.01M$-46.18M$-39.68M$-45.57M$-18.76M$-17.79M$-37.69M$-36.81M$-28.96M$-4.18M$-28.21M$-60.62M$20.42M$33.89M$-17.44M$-13.57M$-10.54M
Avg Forecast$-8.17M$-1.47M$-44.79M$-41.28M$-9.19M$-11.36M$-11.27M$-11.18M$-14.61M$-13.87M$-19.07M$-41.46M$-52.04M$-11.80M$-11.39M$-37.69M$-32.28M$-32.40M$-14.52M$-34.26M$-10.72M$-8.14M$-12.06M$-25.39M$-7.50M$-6.61M$-6.32M$-13.65M$-9.03M$-8.94M
High Forecast$-8.17M$-1.47M$-44.79M$-41.28M$-9.19M$-11.36M$-11.27M$-11.18M$-14.61M$-2.33M$-19.07M$-33.17M$-25.68M$-11.62M$-11.39M$-30.15M$-25.82M$-32.40M$-14.52M$-27.41M$-10.72M$-8.14M$-12.06M$-20.31M$-7.50M$-6.61M$-6.32M$-10.92M$-9.03M$-8.94M
Low Forecast$-8.17M$-1.47M$-44.79M$-41.28M$-9.19M$-11.36M$-11.27M$-11.18M$-14.61M$-21.56M$-19.07M$-49.75M$-76.05M$-11.98M$-11.39M$-45.23M$-38.73M$-32.40M$-14.52M$-41.12M$-10.72M$-8.14M$-12.06M$-30.47M$-7.50M$-6.61M$-6.32M$-16.38M$-9.03M$-8.94M
Surprise %-------------0.86%3.73%4.05%1.05%1.41%0.58%1.22%1.10%3.43%3.56%0.35%1.11%8.08%-3.09%-5.37%1.28%1.50%1.18%

4 analysts predict STRO's average Quarter EBITDA for Mar 24 to be $-41.46M, with a high of $-33.17M and a low of $-49.75M. This is -192.37% lower than Sutro Biopharma's previous annual EBITDA (Dec 23) of $44.88M.

Sutro Biopharma Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 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 19
# Analysts54544343585475632222345913889127
Net Income------------$31.07M$-49.28M$-38.52M$-50.05M$-37.09M$-17.77M$-26.01M$-39.09M$-38.13M$-30.90M$-6.15M$-30.36M$-59.54M$17.14M$29.87M$-19.59M$-14.79M$-12.91M
Avg Forecast$-55.05M$-57.61M$-56.49M$-62.65M$-76.12M$-63.64M$-63.83M$-66.67M$-60.41M$-59.67M$-64.30M$-44.33M$-22.03M$-59.78M$-59.50M$-40.30M$-33.43M$-23.45M$-52.33M$-36.63M$-61.66M$-52.90M$-33.62M$-27.32M$-46.30M$-41.19M$-52.29M$-15.34M$-56.38M$-51.31M
High Forecast$-55.05M$-57.61M$-56.49M$-62.65M$-76.12M$-63.64M$-63.83M$-66.67M$-60.41M$-43.54M$-64.30M$-35.46M$-16.93M$-59.78M$-59.50M$-32.24M$-26.74M$-23.45M$-52.33M$-29.31M$-61.66M$-52.90M$-33.62M$-21.86M$-46.30M$-41.19M$-52.29M$-12.27M$-56.38M$-51.31M
Low Forecast$-55.05M$-57.61M$-56.49M$-62.65M$-76.12M$-63.64M$-63.83M$-66.67M$-60.41M$-71.76M$-64.30M$-53.19M$-25.26M$-59.78M$-59.50M$-48.36M$-40.11M$-23.45M$-52.33M$-43.96M$-61.66M$-52.90M$-33.62M$-32.79M$-46.30M$-41.19M$-52.29M$-18.40M$-56.38M$-51.31M
Surprise %-------------1.41%0.82%0.65%1.24%1.11%0.76%0.50%1.07%0.62%0.58%0.18%1.11%1.29%-0.42%-0.57%1.28%0.26%0.25%

Sutro Biopharma's average Quarter net income forecast for Mar 24 is $-44.33M, with a range of $-53.19M to $-35.46M. STRO's average Quarter net income forecast represents a -242.69% decrease compared to the company's last Quarter net income of $31.07M (Dec 23).

Sutro Biopharma SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 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 19
# Analysts54544343585475632222345913889127
SG&A------------$15.07M$15.27M$15.00M$15.51M$14.72M$14.64M$15.14M$15.04M$15.76M$16.59M$12.54M$11.11M$10.38M$9.08M$8.64M$8.71M$8.70M$8.12M
Avg Forecast$6.79M$1.23M$37.23M$34.32M$7.64M$9.45M$9.37M$9.30M$12.15M$11.53M$15.86M$9.11M$43.26M$9.81M$9.47M$9.15M$13.82M$26.93M$12.07M$7.89M$8.91M$6.76M$10.03M$3.62M$6.24M$5.49M$5.25M$6.82M$7.51M$7.43M
High Forecast$6.79M$1.23M$37.23M$34.32M$7.64M$9.45M$9.37M$9.30M$12.15M$17.92M$15.86M$9.11M$63.21M$9.96M$9.47M$9.15M$16.59M$26.93M$12.07M$7.89M$8.91M$6.76M$10.03M$3.62M$6.24M$5.49M$5.25M$8.18M$7.51M$7.43M
Low Forecast$6.79M$1.23M$37.23M$34.32M$7.64M$9.45M$9.37M$9.30M$12.15M$1.94M$15.85M$9.10M$21.34M$9.66M$9.47M$9.15M$11.06M$26.93M$12.07M$7.89M$8.91M$6.76M$10.03M$3.62M$6.24M$5.49M$5.25M$5.46M$7.51M$7.43M
Surprise %------------0.35%1.56%1.58%1.70%1.06%0.54%1.25%1.91%1.77%2.45%1.25%3.07%1.66%1.65%1.65%1.28%1.16%1.09%

Sutro Biopharma's average Quarter SG&A projection for Mar 24 is $9.11M, based on 4 Wall Street analysts, with a range of $9.10M to $9.11M. The forecast indicates a -39.59% fall compared to STRO last annual SG&A of $15.07M (Dec 23).

Sutro Biopharma EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 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 19
# Analysts54544343585475632222345913889127
EPS------------$0.51$-0.81$-0.00$-0.85$-0.73$-0.34$-0.55$-0.84$-0.83$-0.67$-0.13$-0.66$-1.61$0.46$1.00$-0.84$-0.64$-0.56
Avg Forecast$-0.68$-0.71$-0.70$-0.77$-0.94$-0.78$-0.79$-0.82$-0.74$-0.73$-0.79$-0.92$-0.27$-0.74$-0.73$-0.78$-0.62$-0.29$-0.64$-0.76$-0.76$-0.65$-0.41$-0.62$-0.57$-0.51$-0.64$-0.69$-0.69$-0.63
High Forecast$-0.68$-0.71$-0.70$-0.77$-0.94$-0.78$-0.79$-0.82$-0.74$-0.54$-0.79$-0.92$-0.21$-0.74$-0.73$-0.78$-0.62$-0.29$-0.64$-0.76$-0.76$-0.65$-0.41$-0.62$-0.57$-0.51$-0.64$-0.69$-0.69$-0.63
Low Forecast$-0.68$-0.71$-0.70$-0.77$-0.94$-0.78$-0.79$-0.82$-0.74$-0.88$-0.79$-0.92$-0.31$-0.74$-0.73$-0.78$-0.62$-0.29$-0.64$-0.76$-0.76$-0.65$-0.41$-0.62$-0.57$-0.51$-0.64$-0.69$-0.69$-0.63
Surprise %-------------1.88%1.10%0.00%1.08%1.18%1.18%0.85%1.11%1.09%1.03%0.31%1.06%2.83%-0.91%-1.55%1.22%0.92%0.89%

According to 4 Wall Street analysts, Sutro Biopharma's projected average Quarter EPS for Mar 24 is $-0.92, with a low estimate of $-0.92 and a high estimate of $-0.92. This represents a -280.70% decrease compared to STRO previous annual EPS of $0.51 (Dec 23).

Sutro Biopharma Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
HLVXHilleVax$1.90$32.001584.21%Hold
AVTEAerovate Therapeutics$2.72$13.00377.94%Hold
OPTOpthea$4.21$14.00232.54%Buy
STROSutro Biopharma$3.69$11.14201.90%Buy
FIXXQ32 Bio$0.93$2.70190.32%Buy
LRMRLarimar Therapeutics$7.57$20.33168.56%Buy
ANABAnaptysBio$19.94$52.33162.44%Buy
ELYMEliem Therapeutics$5.11$13.00154.40%Buy
MLYSMineralys Therapeutics$13.50$30.00122.22%Buy
REPLReplimune Group$12.02$24.20101.33%Buy
SNDXSyndax Pharmaceuticals$18.94$36.1190.65%Buy
KROSKeros Therapeutics$59.95$102.0070.14%Buy
IDYAIDEAYA Biosciences$30.00$48.3661.20%Buy
MGTXMeiraGTx$5.96$9.0051.01%Buy
MRUSMerus$51.23$77.1350.56%Buy
CNTACentessa Pharmaceuticals$15.89$21.6736.38%Buy
PCVXVaxcyte$106.49$124.1416.57%Buy

STRO Forecast FAQ


Yes, according to 7 Wall Street analysts, Sutro Biopharma (STRO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 100.00% of STRO's total ratings.

Sutro Biopharma (STRO) average price target is $11.14 with a range of $8 to $15, implying a 201.90% from its last price of $3.69. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for STRO stock, the company can go up by 201.90% (from the last price of $3.69 to the average price target of $11.14), up by 306.50% based on the highest stock price target, and up by 116.80% based on the lowest stock price target.

STRO's average twelve months analyst stock price target of $11.14 supports the claim that Sutro Biopharma can reach $6 in the near future.

2 Wall Street analysts forecast a $12 price target for Sutro Biopharma (STRO) this month, up 225.20% from its last price of $3.69. Compared to the last 3 and 12 months, the average price target increased by 252.30% and increased by 225.20%, respectively.

Sutro Biopharma's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $47.4M (high $47.4M, low $47.4M), average EBITDA is $-43.005M (high $-43.005M, low $-43.005M), average net income is $-270M (high $-270M, low $-270M), average SG&A $35.75M (high $35.75M, low $35.75M), and average EPS is $-3.327 (high $-3.327, low $-3.327). STRO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $105.5M (high $105.5M, low $105.5M), average EBITDA is $-95.721M (high $-95.721M, low $-95.721M), average net income is $-232M (high $-232M, low $-232M), average SG&A $79.57M (high $79.57M, low $79.57M), and average EPS is $-2.854 (high $-2.854, low $-2.854).

Based on Sutro Biopharma's last annual report (Dec 2023), the company's revenue was $153.73M, beating the average analysts forecast of $95.05M by 61.74%. Apple's EBITDA was $-89.278M, missing the average prediction of $-113M by -20.94%. The company's net income was $-107M, missing the average estimation of $-182M by -41.20%. Apple's SG&A was $62.58M, missing the average forecast of $71.68M by -12.69%. Lastly, the company's EPS was $-0.0018, missing the average prediction of $-2.524 by -99.93%. In terms of the last quarterly report (Dec 2023), Sutro Biopharma's revenue was $113.72M, beating the average analysts' forecast of $57.36M by 98.27%. The company's EBITDA was $44.88M, missing the average prediction of $-52.039M by -186.25%. Sutro Biopharma's net income was $31.06M, missing the average estimation of $-22.033M by -240.99%. The company's SG&A was $15.07M, missing the average forecast of $43.26M by -65.15%. Lastly, the company's EPS was $0.51, missing the average prediction of $-0.271 by -288.01%