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NASDAQ: ADAG
Adagene Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for ADAG

Based on 3 analysts offering 12 month price targets for Adagene Inc.
Min Forecast
$5.00+275.94%
Avg Forecast
$5.00+275.94%
Max Forecast
$5.00+275.94%

Should I buy or sell ADAG stock?

Based on 3 analysts offering ratings for Adagene Inc.
Strong Buy
Strong Buy
1 analysts 33.33%
Buy
2 analysts 66.67%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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ADAG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
HC Wainwright & Co.
Bottom 13%
13
BuyReiterates$5.00+275.94%2023-04-21
Morgan Stanley
Bottom 15%
15
Strong BuyMaintains$5.00+275.94%2023-01-24
HC Wainwright & Co.
Top 44%
57
BuyInitiates Coverage On$5.00+275.94%2022-12-07

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Forecast return on equity

Is ADAG forecast to generate an efficient return?
Company
N/A
Industry
0.1%
Market
71.95%

Forecast return on assets

Is ADAG forecast to generate an efficient return on assets?
Company
N/A
Industry
0.12%

ADAG vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
ADAG$1.33$5.00+275.94%Strong Buy
ASMB$1.11$1.50+35.14%Hold
TCRR$1.48$3.94+166.49%Hold
FIXX$0.99$9.67+881.42%Buy
ARMP$1.61$7.00+334.78%Buy
View Top Biotech Stocks

Adagene Stock Forecast FAQ

Is Adagene Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: ADAG) stock is to Strong Buy ADAG stock.

Out of 3 analysts, 1 (33.33%) are recommending ADAG as a Strong Buy, 2 (66.67%) are recommending ADAG as a Buy, 0 (0%) are recommending ADAG as a Hold, 0 (0%) are recommending ADAG as a Sell, and 0 (0%) are recommending ADAG as a Strong Sell.

If you're new to stock investing, here's how to buy Adagene stock.

What is ADAG's forecast return on equity (ROE) for 2023-2026?

(NASDAQ: ADAG) forecast ROE is N/A, which is considered weak.

What is ADAG's Price Target?

According to 3 Wall Street analysts that have issued a 1 year ADAG price target, the average ADAG price target is $5.00, with the highest ADAG stock price forecast at $5.00 and the lowest ADAG stock price forecast at $5.00.

On average, Wall Street analysts predict that Adagene's share price could reach $5.00 by Apr 21, 2024. The average Adagene stock price prediction forecasts a potential upside of 275.94% from the current ADAG share price of $1.33.

What is ADAG's forecast return on assets (ROA) for 2023-2026?

(NASDAQ: ADAG) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of 0.12%.
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