Is Acumen Pharmaceuticals Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NASDAQ: ABOS) stock is to Strong Buy ABOS stock.
Out of 3 analysts, 1 (33.33%) are recommending ABOS as a Strong Buy, 2 (66.67%) are recommending ABOS as a Buy, 0 (0%) are recommending ABOS as a Hold, 0 (0%) are recommending ABOS as a Sell, and 0 (0%) are recommending ABOS as a Strong Sell.
What is ABOS's forecast return on equity (ROE) for 2023-2025?
(NASDAQ: ABOS) forecast ROE is -28.41%, which is considered weak.
What is ABOS's Price Target?
According to 3 Wall Street analysts that have issued a 1 year ABOS price target, the average ABOS price target is $13.67, with the highest ABOS stock price forecast at $15.00 and the lowest ABOS stock price forecast at $13.00.
On average, Wall Street analysts predict that Acumen Pharmaceuticals's share price could reach $13.67 by May 18, 2024. The average Acumen Pharmaceuticals stock price prediction forecasts a potential upside of 176.1% from the current ABOS share price of $4.95.
What is ABOS's forecast return on assets (ROA) for 2023-2025?
(NASDAQ: ABOS) forecast ROA is -27.08%, which is lower than the forecast US Biotechnology industry average of 11.76%.
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