Wave Life Sciences (WVE) Stock Forecast, Price Target & Predictions


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WVE Stock Forecast


Wave Life Sciences stock forecast is as follows: an average price target of $14.00 (represents a 172.90% upside from WVE’s last price of $5.13) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

WVE Price Target


The average price target for Wave Life Sciences (WVE) is $14.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $17.00 to $11.00. This represents a potential 172.90% upside from WVE's last price of $5.13.

WVE Analyst Ratings


Buy

According to 4 Wall Street analysts, Wave Life Sciences's rating consensus is 'Buy'. The analyst rating breakdown for WVE stock is 0 'Strong Buy' (0.00%), 4 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Wave Life Sciences Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 25, 2024Joon LeenTruist Financial$17.00$4.77256.39%231.38%
May 15, 2024Tiago FauthWells Fargo$11.00$5.8488.36%114.42%
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The latest Wave Life Sciences stock forecast, released on Jun 25, 2024 by Joon Leen from Truist Financial, set a price target of $17.00, which represents a 256.39% increase from the stock price at the time of the forecast ($4.77), and a 231.38% increase from WVE last price ($5.13).

Wave Life Sciences Price Target by Period


1M3M12M
# Anlaysts-12
Avg Price Target-$17.00$14.00
Last Closing Price$5.13$5.13$5.13
Upside/Downside-100.00%231.38%172.90%

In the current month, the average price target of Wave Life Sciences stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Wave Life Sciences's last price of $5.13. 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
Aug 14, 2024William Blair-OutperformInitialise
Aug 09, 2024Wells FargoBuyBuyHold
Jun 26, 2024Mizuho SecuritiesUnderperformUnderperformHold
Jun 26, 2024Wells FargoBuyBuyHold
May 15, 2024Wells FargoSector PerformSector PerformHold
May 15, 2024RBC CapitalUnderperformUnderperformHold
May 15, 2024Wells Fargo-OverweightInitialise
Dec 19, 2023Leerink Partners-OutperformUpgrade
Jul 05, 2023Raymond James-OutperformInitialise
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Wave Life Sciences's last stock rating was published by William Blair on Aug 14, 2024. The company Initialise its WVE rating from "null" to "Outperform".

Wave Life Sciences Financial Forecast


Wave Life Sciences Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Sep 18Jun 18
Revenue---------$49.21M$22.11M$12.93M$1.24M$285.00K-$1.75M$1.76M$36.42M$2.78M-$9.44M$3.45M$3.03M$4.16M$2.40M$2.93M$7.63M$3.03M$4.49M$4.88M
Avg Forecast$28.50M$15.40M$12.67M$12.33M$19.82M$17.68M$19.45M$25.00M$19.86M$23.43M$7.94M$32.33M$7.06M$8.20M$3.83M$3.86M$15.79M$10.36M$9.79M$10.08M$9.75M$12.63M$6.37M$5.90M$5.31M$5.79M$15.76M$9.66M$4.21M$4.28M
High Forecast$63.46M$34.29M$28.20M$27.46M$44.14M$26.60M$43.32M$55.67M$40.07M$52.17M$17.67M$71.99M$15.71M$18.26M$3.83M$4.79M$19.60M$12.86M$12.15M$12.51M$12.10M$15.68M$7.90M$7.33M$6.59M$7.19M$19.57M$12.00M$5.05M$5.14M
Low Forecast$2.52M$1.36M$1.12M$1.09M$1.76M$1.90M$1.72M$2.21M$213.14K$2.08M$703.02K$2.86M$624.92K$726.27K$3.83M$2.68M$10.97M$7.20M$6.80M$7.01M$6.78M$8.78M$4.43M$4.10M$3.69M$4.02M$10.96M$6.72M$3.37M$3.43M
# Analysts33334544544433123339101691088118187
Surprise %---------2.10%2.79%0.40%0.18%0.03%-0.45%0.11%3.52%0.28%-0.97%0.27%0.48%0.70%0.45%0.51%0.48%0.31%1.07%1.14%

Wave Life Sciences's average Quarter revenue forecast for Dec 23 based on 5 analysts is $19.86M, with a low forecast of $213.14K, and a high forecast of $40.07M. WVE's average Quarter revenue forecast represents a -59.64% decrease compared to the company's last Quarter revenue of $49.21M (Sep 23).

Wave Life Sciences EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Sep 18Jun 18
# Analysts33334544544433123339101691088118187
EBITDA---------$4.44M$-23.47M$-29.72M$-43.56M$-36.89M-$-35.61M$-32.45M$-3.83M$-36.33M$-40.00M$-27.12M$-30.59M$-38.05M$-45.01M$-54.34M$-48.37M$-39.69M$-42.04M$-36.17M$-34.66M
Avg Forecast$-25.76M$-13.92M$-11.45M$-11.15M$-17.92M$-15.98M$-17.58M$-22.59M$-17.95M$-21.18M$-7.17M$-29.22M$-6.38M$-7.41M$-3.46M$-3.49M$-14.27M$-6.25M$-26.20M$-24.47M$-8.81M$-23.05M$-30.99M$-38.26M$-4.80M$-43.31M$-35.76M$-33.48M$-33.76M$-29.82M
High Forecast$-2.28M$-1.23M$-1.01M$-987.25K$-1.59M$-1.72M$-1.56M$-2.00M$-192.63K$-1.88M$-635.37K$-2.59M$-564.79K$-656.39K$-3.46M$-2.42M$-9.92M$-5.00M$-20.96M$-19.58M$-6.13M$-18.44M$-24.79M$-30.61M$-3.33M$-34.65M$-28.61M$-26.78M$-27.01M$-23.86M
Low Forecast$-57.35M$-30.99M$-25.49M$-24.82M$-39.89M$-24.04M$-39.15M$-50.31M$-36.21M$-47.15M$-15.97M$-65.07M$-14.20M$-16.50M$-3.46M$-4.33M$-17.71M$-7.50M$-31.44M$-29.37M$-10.94M$-27.66M$-37.18M$-45.91M$-5.95M$-51.98M$-42.91M$-40.18M$-40.51M$-35.79M
Surprise %----------0.21%3.27%1.02%6.83%4.98%-10.21%2.27%0.61%1.39%1.63%3.08%1.33%1.23%1.18%11.33%1.12%1.11%1.26%1.07%1.16%

5 analysts predict WVE's average Quarter EBITDA for Dec 23 to be $-17.95M, with a high of $-192.63K and a low of $-36.21M. This is -503.98% lower than Wave Life Sciences's previous annual EBITDA (Sep 23) of $4.44M.

Wave Life Sciences Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Sep 18Jun 18
# Analysts33334544544433123339101691088118187
Net Income---------$7.25M$-21.10M$-24.52M$-43.71M$-39.11M-$-37.53M$-34.78M$-6.23M$-38.77M$-42.46M$-28.79M$-33.10M$-40.53M$-47.49M$-56.77M$-50.73M$-41.94M$-44.20M$-37.63M$-35.89M
Avg Forecast$-28.82M$-39.51M$-39.51M$-42.74M$-36.08M$-37.19M$-26.87M$-24.09M$-29.36M$-23.10M$-42.93M$-5.18M$-53.11M$-64.33M$-66.14M$-59.36M$-57.32M$-10.16M$-27.96M$-25.33M$-65.50M$-24.94M$-33.01M$-40.37M$-159.59M$-45.43M$-37.79M$-35.20M$-35.12M$-30.88M
High Forecast$5.33M$7.30M$7.30M$7.90M$6.67M$-29.22M$4.97M$4.45M$3.09M$4.27M$7.94M$957.77K$9.82M$11.89M$-66.14M$-35.83M$-34.60M$-8.13M$-22.37M$-20.27M$-39.54M$-19.96M$-26.41M$-32.30M$-96.34M$-36.34M$-30.23M$-28.16M$-28.10M$-24.71M
Low Forecast$-74.78M$-102.50M$-102.50M$-110.90M$-93.62M$-51.80M$-69.71M$-62.51M$-66.45M$-59.93M$-111.38M$-13.44M$-137.79M$-166.92M$-66.14M$-77.98M$-75.30M$-12.20M$-33.55M$-30.40M$-86.05M$-29.93M$-39.61M$-48.44M$-209.65M$-54.51M$-45.34M$-42.24M$-42.15M$-37.06M
Surprise %----------0.31%0.49%4.73%0.82%0.61%-0.63%0.61%0.61%1.39%1.68%0.44%1.33%1.23%1.18%0.36%1.12%1.11%1.26%1.07%1.16%

Wave Life Sciences's average Quarter net income forecast for Dec 23 is $-29.36M, with a range of $-66.45M to $3.09M. WVE's average Quarter net income forecast represents a -504.85% decrease compared to the company's last Quarter net income of $7.25M (Sep 23).

Wave Life Sciences SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Sep 18Jun 18
# Analysts33334544544433123339101691088118187
SG&A---------$13.13M$12.27M$12.23M$13.72M$11.61M-$12.37M$12.11M$12.94M$10.97M$10.08M$9.72M$9.59M$10.21M$13.00M$13.80M$12.52M$11.64M$10.90M$9.85M$8.90M
Avg Forecast$116.93M$63.19M$51.97M$50.60M$81.34M$72.56M$79.82M$102.57M$81.50M$96.14M$32.57M$132.66M$28.95M$33.64M$15.73M$15.83M$64.77M$42.49M$7.91M$6.01M$40.01M$7.23M$26.12M$24.22M$21.78M$23.75M$10.49M$8.68M$17.28M$17.57M
High Forecast$260.37M$140.69M$115.72M$112.67M$181.10M$109.14M$177.72M$228.39M$164.40M$214.07M$72.51M$295.39M$64.46M$74.91M$15.73M$19.64M$80.41M$52.75M$9.49M$7.22M$49.66M$8.67M$32.43M$30.06M$27.03M$29.48M$12.58M$10.42M$20.74M$21.08M
Low Forecast$10.36M$5.60M$4.60M$4.48M$7.20M$7.81M$7.07M$9.08M$874.49K$8.52M$2.88M$11.75M$2.56M$2.98M$15.73M$11.00M$45.03M$29.54M$6.33M$4.81M$27.81M$5.78M$18.16M$16.84M$15.14M$16.51M$8.39M$6.95M$13.83M$14.05M
Surprise %---------0.14%0.38%0.09%0.47%0.35%-0.78%0.19%0.30%1.39%1.68%0.24%1.33%0.39%0.54%0.63%0.53%1.11%1.26%0.57%0.51%

Wave Life Sciences's average Quarter SG&A projection for Dec 23 is $81.50M, based on 5 Wall Street analysts, with a range of $874.49K to $164.40M. The forecast indicates a 520.83% rise compared to WVE last annual SG&A of $13.13M (Sep 23).

Wave Life Sciences EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Sep 18Jun 18
# Analysts33334544544433123339101691088118187
EPS---------$0.07$-0.00$-0.24$-0.47$-0.42-$-0.62$-0.61$-0.12$-0.78$-0.86$-0.59$-0.86$-1.15$-1.38$-1.65$-1.48$-1.22$-1.36$-1.28$-1.23
Avg Forecast$-0.22$-0.30$-0.30$-0.33$-0.28$-0.29$-0.21$-0.19$-0.23$-0.18$-0.33$-0.04$-0.41$-0.50$-0.51$-0.54$-0.52$-0.60$-0.62$-0.59$-0.60$-0.69$-1.00$-1.25$-1.46$-1.37$-1.13$-1.19$-1.12$-0.47
High Forecast$0.04$0.06$0.06$0.06$0.05$-0.23$0.04$0.03$0.02$0.03$0.06$0.01$0.08$0.09$-0.51$-0.33$-0.32$-0.36$-0.37$-0.35$-0.36$-0.42$-0.60$-0.75$-0.88$-0.82$-0.68$-0.72$-0.90$-0.38
Low Forecast$-0.58$-0.79$-0.79$-0.86$-0.72$-0.40$-0.54$-0.48$-0.51$-0.46$-0.86$-0.10$-1.06$-1.29$-0.51$-0.71$-0.69$-0.79$-0.81$-0.77$-0.78$-0.91$-1.32$-1.64$-1.91$-1.79$-1.48$-1.57$-1.34$-0.57
Surprise %----------0.38%0.00%6.00%1.15%0.85%-1.15%1.17%0.20%1.27%1.47%0.99%1.24%1.15%1.10%1.13%1.08%1.08%1.14%1.14%2.62%

According to 5 Wall Street analysts, Wave Life Sciences's projected average Quarter EPS for Dec 23 is $-0.23, with a low estimate of $-0.51 and a high estimate of $0.02. This represents a -431.39% decrease compared to WVE previous annual EPS of $0.07 (Sep 23).

Wave Life Sciences Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
XFORX4 Pharmaceuticals$0.65$3.67464.62%Buy
CTMXCytomX Therapeutics$1.20$5.77380.83%Buy
ABOSAcumen Pharmaceuticals$2.22$7.00215.32%Buy
INZYInozyme Pharma$4.98$14.00181.12%Buy
DAWNDay One Biopharmaceuticals$14.20$38.80173.24%Buy
WVEWave Life Sciences$5.13$14.00172.90%Buy
ITOSiTeos Therapeutics$14.80$38.50160.14%Buy
TCRXTScan Therapeutics$5.55$12.00116.22%Buy
ARWRArrowhead Pharmaceuticals$22.22$45.38104.23%Buy
PRQRProQR Therapeutics$1.86$3.6395.16%Buy
APLSApellis Pharmaceuticals$41.05$75.8184.68%Buy
TERNTerns Pharmaceuticals$7.81$12.5060.05%Buy
MREOMereo BioPharma Group$4.32$6.7556.25%Buy
AMLXAmylyx Pharmaceuticals$2.37$3.3340.51%Buy
BPMCBlueprint Medicines$86.43$101.5017.44%Buy
VECTVectivBio$16.87$18.006.70%Buy
ALNYAlnylam Pharmaceuticals$246.78$250.161.37%Buy

WVE Forecast FAQ


Yes, according to 4 Wall Street analysts, Wave Life Sciences (WVE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 100.00% of WVE's total ratings.

Wave Life Sciences (WVE) average price target is $14 with a range of $11 to $17, implying a 172.90% from its last price of $5.13. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for WVE stock, the company can go up by 172.90% (from the last price of $5.13 to the average price target of $14), up by 231.38% based on the highest stock price target, and up by 114.42% based on the lowest stock price target.

WVE's average twelve months analyst stock price target of $14 supports the claim that Wave Life Sciences can reach $8 in the near future.

Wave Life Sciences's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $81.96M (high $169.72M, low $7.6M), average EBITDA is $-74.075M (high $-6.867M, low $-153M), average net income is $-124M (high $-13.132M, low $-278M), average SG&A $336.28M (high $696.36M, low $31.17M), and average EPS is $-0.959 (high $-0.101, low $-2.143). WVE's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $68.9M (high $153.41M, low $6.1M), average EBITDA is $-62.27M (high $-5.515M, low $-139M), average net income is $-151M (high $27.84M, low $-391M), average SG&A $282.69M (high $629.45M, low $25.04M), and average EPS is $-1.163 (high $0.215, low $-3.016).

Based on Wave Life Sciences's last annual report (Dec 2023), the company's revenue was $113.3M, beating the average analysts forecast of $83.57M by 35.59%. Apple's EBITDA was $-67.996M, missing the average prediction of $-75.526M by -9.97%. The company's net income was $-57.513M, missing the average estimation of $-101M by -42.81%. Apple's SG&A was $51.29M, missing the average forecast of $342.87M by -85.04%. Lastly, the company's EPS was $-0.0005, missing the average prediction of $-0.776 by -99.94%. In terms of the last quarterly report (Sep 2023), Wave Life Sciences's revenue was $49.21M, beating the average analysts' forecast of $23.43M by 110.03%. The company's EBITDA was $4.44M, missing the average prediction of $-21.177M by -120.98%. Wave Life Sciences's net income was $7.25M, missing the average estimation of $-23.099M by -131.40%. The company's SG&A was $13.13M, missing the average forecast of $96.14M by -86.35%. Lastly, the company's EPS was $0.0684, missing the average prediction of $-0.178 by -138.36%