Verona Pharma (VRNA) Stock Forecast, Price Target & Predictions


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VRNA Stock Forecast


Verona Pharma stock forecast is as follows: an average price target of $33.00 (represents a 10.81% upside from VRNA’s last price of $29.78) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.

VRNA Price Target


The average price target for Verona Pharma (VRNA) is $33.00 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $38.00 to $26.00. This represents a potential 10.81% upside from VRNA's last price of $29.78.

VRNA Analyst Ratings


Buy

According to 7 Wall Street analysts, Verona Pharma's rating consensus is 'Buy'. The analyst rating breakdown for VRNA 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%).

Verona Pharma Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 22, 2024Edward NashCanaccord Genuity$37.00$22.9561.22%24.24%
Jun 27, 2024Raghuram SelvarajuH.C. Wainwright$36.00$14.69145.06%20.89%
May 28, 2024Andrew TsaiJefferies$38.00$12.50204.00%27.60%
Apr 16, 2024Yasmeen RahimiPiper Sandler$36.00$15.80127.85%20.89%
Dec 21, 2022-H.C. Wainwright$32.00$18.5972.14%7.45%
Dec 20, 2022Andreas ArgyridesWedbush$30.00$18.0566.20%0.74%
Dec 20, 2022-Truist Financial$28.00$18.1354.48%-5.98%
Dec 20, 2022-BTIG$26.00$18.1443.29%-12.69%
Aug 30, 2022Edward Nash NashCanaccord Genuity$27.00$10.25163.41%-9.34%
Aug 30, 2022Raghuram Selvaraju SelvarajuH.C. Wainwright$30.00$9.90203.03%0.74%
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The latest Verona Pharma stock forecast, released on Jul 22, 2024 by Edward Nash from Canaccord Genuity, set a price target of $37.00, which represents a 61.22% increase from the stock price at the time of the forecast ($22.95), and a 24.24% increase from VRNA last price ($29.78).

Verona Pharma Price Target by Period


1M3M12M
# Anlaysts-24
Avg Price Target-$36.50$36.75
Last Closing Price$29.78$29.78$29.78
Upside/Downside-100.00%22.57%23.40%

In the current month, the average price target of Verona Pharma stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Verona Pharma's last price of $29.78. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 12, 2024H.C. WainwrightBuyBuyHold
Aug 14, 2024Piper SandlerOverweightOverweightHold
Jul 22, 2024Canaccord GenuityBuyBuyHold
Jun 27, 2024Piper SandlerOverweightOverweightHold
Jun 27, 2024H.C. WainwrightBuyBuyHold
May 13, 2024H.C. WainwrightBuyBuyHold
Apr 16, 2024Piper SandlerOverweightOverweightHold
Dec 20, 2022BTIGBuyBuyHold
Aug 29, 2022Raymond JamesBuyBuyHold
Jun 22, 2022Truist FinancialBuyBuyHold
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Verona Pharma's last stock rating was published by H.C. Wainwright on Sep 12, 2024. The company gave VRNA a "Buy" rating, the same as its previous rate.

Verona Pharma Financial Forecast


Verona Pharma Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Dec 22Sep 22Sep 21
Revenue---------$458.00K-$40.00M
Avg Forecast$25.53M$17.18M$11.51M$6.80M$3.94M$1.55M$263.34K--$4.08M$4.52M$4.63M
High Forecast$44.60M$30.03M$20.11M$11.88M$6.88M$2.35M$460.16K--$7.12M$7.90M$4.63M
Low Forecast$7.89M$5.31M$3.56M$2.10M$1.22M$504.48K$81.44K--$1.26M$1.40M$4.63M
# Analysts333345437335
Surprise %---------0.11%-8.65%

Verona Pharma's average Quarter revenue forecast for Dec 23 based on 7 analysts is -, with a low forecast of -, and a high forecast of -. VRNA's average Quarter revenue forecast represents a -100.00% decrease compared to the company's last Quarter revenue of $458.00K (Dec 22).

Verona Pharma EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Dec 22Sep 22Sep 21
# Analysts333345437335
EBITDA---------$-12.24M$-12.06M$11.43M
Avg Forecast$-5.11M$-3.44M$-2.30M$-1.36M$-787.40K$-310.76K$-52.67K--$-815.19K$-903.90K$-925.22K
High Forecast$-1.58M$-1.06M$-711.83K$-420.52K$-243.53K$-100.89K$-16.29K--$-252.12K$-279.56K$-925.22K
Low Forecast$-8.92M$-6.01M$-4.02M$-2.38M$-1.38M$-470.85K$-92.03K--$-1.42M$-1.58M$-925.22K
Surprise %---------15.01%13.35%-12.35%

3 analysts predict VRNA's average Quarter EBITDA for Sep 22 to be $-903.90K, with a high of $-279.56K and a low of $-1.58M. This is -107.91% lower than Verona Pharma's previous annual EBITDA (Sep 21) of $11.43M.

Verona Pharma Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Dec 22Sep 22Sep 21
# Analysts333345437335
Net Income---------$-10.45M$-15.65M$11.05M
Avg Forecast$-2.71M$-3.35M$-3.19M$-3.35M$-3.51M$-3.52M$-2.88M$-1.93M$-1.91M$372.21K$-878.88K$21.31M
High Forecast$-277.03K$-342.21K$-325.92K$-342.21K$-358.51K$-3.13M$-293.99K$-240.81K$-1.66M$733.86K$-89.70K$25.57M
Low Forecast$-5.35M$-6.61M$-6.30M$-6.61M$-6.93M$-4.38M$-5.68M$-4.98M$-1.99M$37.99K$-1.73M$17.05M
Surprise %----------28.08%17.80%0.52%

Verona Pharma's average Quarter net income forecast for Sep 22 is $-878.88K, with a range of $-1.73M to $-89.70K. VRNA's average Quarter net income forecast represents a -107.95% decrease compared to the company's last Quarter net income of $11.05M (Sep 21).

Verona Pharma SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Dec 22Sep 22Sep 21
# Analysts333345437335
SG&A---------$8.32M$5.29M$10.88M
Avg Forecast$19.84B$13.36B$8.95B$5.28B$3.06B$1.21B$204.70M--$3.17B$3.51B$3.60B
High Forecast$34.67B$23.34B$15.63B$9.23B$5.35B$1.83B$357.70M--$5.54B$6.14B$3.60B
Low Forecast$6.14B$4.13B$2.77B$1.63B$946.53M$392.15M$63.31M--$979.93M$1.09B$3.60B
Surprise %---------0.00%0.00%0.00%

Verona Pharma's average Quarter SG&A projection for Dec 23 is -, based on 7 Wall Street analysts, with a range of - to -. The forecast indicates a -100.00% fall compared to VRNA last annual SG&A of $8.32M (Dec 22).

Verona Pharma EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Dec 22Sep 22Sep 21
# Analysts333345437335
EPS---------$-0.18$-0.23$0.16
Avg Forecast$-0.03$-0.04$-0.04$-0.04$-0.04$-0.04$-0.04$-0.02$-0.02-$-0.01$-0.14
High Forecast$-0.00$-0.00$-0.00$-0.00$-0.00$-0.04$-0.00$-0.00$-0.02$0.01$-0.00$-0.14
Low Forecast$-0.07$-0.08$-0.08$-0.08$-0.09$-0.05$-0.07$-0.06$-0.02-$-0.02$-0.14
Surprise %----------39.18%21.20%-1.12%

According to 3 Wall Street analysts, Verona Pharma's projected average Quarter EPS for Sep 22 is $-0.01, with a low estimate of $-0.02 and a high estimate of $-0.00. This represents a -106.78% decrease compared to VRNA previous annual EPS of $0.16 (Sep 21).

Verona Pharma Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
VTYXVentyx Biosciences$2.29$33.861378.60%Buy
XFORX4 Pharmaceuticals$0.71$3.67416.90%Buy
DAWNDay One Biopharmaceuticals$14.13$38.80174.59%Buy
ABOSAcumen Pharmaceuticals$2.60$7.00169.23%Buy
INZYInozyme Pharma$6.00$14.67144.50%Buy
APLSApellis Pharmaceuticals$37.62$75.81101.52%Buy
SNDXSyndax Pharmaceuticals$19.12$36.0088.28%Buy
AKROAkero Therapeutics$27.34$43.5059.11%Buy
MREOMereo BioPharma Group$4.28$6.7557.71%Buy
MLTXMoonLake Immunotherapeutics$51.14$79.3355.12%Buy
VKTXViking Therapeutics$66.73$100.5050.61%Buy
TERNTerns Pharmaceuticals$8.96$12.5039.51%Buy
MDGLMadrigal Pharmaceuticals$241.80$315.7530.58%Buy
AMLXAmylyx Pharmaceuticals$2.62$3.3327.10%Buy
IDYAIDEAYA Biosciences$37.46$46.1323.14%Buy
VRNAVerona Pharma$29.78$33.0010.81%Buy
PTGXProtagonist Therapeutics$47.02$50.006.34%Buy

VRNA Forecast FAQ


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

Verona Pharma (VRNA) average price target is $33 with a range of $26 to $38, implying a 10.81% from its last price of $29.78. 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 VRNA stock, the company can go up by 10.81% (from the last price of $29.78 to the average price target of $33), up by 27.60% based on the highest stock price target, and down by -12.69% based on the lowest stock price target.

VRNA's average twelve months analyst stock price target of $33 does not support the claim that Verona Pharma can reach $40 in the near future.

Verona Pharma's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $5.75M (high $9.69M, low $1.8M), average EBITDA is $-1.151M (high $-361K, low $-1.939M), average net income is $-11.843M (high $-4.023M, low $-21.964M), average SG&A $4.47B (high $7.54B, low $1.4B), and average EPS is $-0.146 (high $-0.0497, low $-0.271). VRNA's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $61.01M (high $106.62M, low $18.87M), average EBITDA is $-12.203M (high $-3.774M, low $-21.324M), average net income is $-12.614M (high $-1.287M, low $-24.87M), average SG&A $47.43B (high $82.88B, low $14.67B), and average EPS is $-0.156 (high $-0.0159, low $-0.307).

Based on Verona Pharma's last annual report (Dec 2022), the company's revenue was $458K, which missed the average analysts forecast of $8.6M by -94.67%. Apple's EBITDA was $-62.659M, beating the average prediction of $-1.719M by 3544.89%. The company's net income was $-68.701M, beating the average estimation of $-507K by 13459.21%. Apple's SG&A was $26.58M, missing the average forecast of $6.68B by -99.60%. Lastly, the company's EPS was $-1.16, beating the average prediction of $-0.00625 by 18450.68%. In terms of the last quarterly report (Dec 2022), Verona Pharma's revenue was $458K, missing the average analysts' forecast of $4.08M by -88.76%. The company's EBITDA was $-12.24M, beating the average prediction of $-815K by 1401.48%. Verona Pharma's net income was $-10.451M, missing the average estimation of $372.21K by -2907.85%. The company's SG&A was $8.32M, missing the average forecast of $3.17B by -99.74%. Lastly, the company's EPS was $-0.18, missing the average prediction of $0.00459 by -4018.48%