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NASDAQ: BLTE
Belite Bio Inc Stock Forecast, Predictions & Price Target

Analyst price target for BLTE

Based on 3 analysts offering 12 month price targets for Belite Bio Inc.
Min Forecast
$57.00+54.05%
Avg Forecast
$58.67+58.56%
Max Forecast
$60.00+62.16%

Should I buy or sell BLTE stock?

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

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BLTE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-22
lockedlocked$00.00+00.00%2023-12-14
lockedlocked$00.00+00.00%2023-11-07

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Forecast return on equity

Is BLTE forecast to generate an efficient return?

Forecast return on assets

Is BLTE forecast to generate an efficient return on assets?

BLTE revenue forecast

What is BLTE's revenue in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$50.0M
Avg 2 year Forecast
$25.0M
Avg 3 year Forecast
$30.0M

BLTE vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
BLTE$37.00$58.67+58.56%Strong Buy
VIR$8.13$45.00+453.51%Buy
PRTA$20.56$68.14+231.43%Buy
PHVS$21.29$32.50+52.65%Buy
XNCR$18.37$35.14+91.31%Strong Buy

Belite Bio Stock Forecast FAQ

Is Belite Bio Stock a good buy in 2024, according to Wall Street analysts?

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

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

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

What is BLTE's revenue growth forecast for 2024-2026?

(NASDAQ: BLTE) Belite Bio's forecast annual revenue growth rate of N/A is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 37.57%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.16%.

Belite Bio's revenue in 2024 is $0.On average, 1 Wall Street analysts forecast BLTE's revenue for 2024 to be $1,457,472,200, with the lowest BLTE revenue forecast at $1,457,472,200, and the highest BLTE revenue forecast at $1,457,472,200. On average, 1 Wall Street analysts forecast BLTE's revenue for 2025 to be $728,736,100, with the lowest BLTE revenue forecast at $728,736,100, and the highest BLTE revenue forecast at $728,736,100.

In 2026, BLTE is forecast to generate $874,483,320 in revenue, with the lowest revenue forecast at $874,483,320 and the highest revenue forecast at $874,483,320.

What is BLTE's forecast return on assets (ROA) for 2024-2027?

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

What is BLTE's Price Target?

According to 3 Wall Street analysts that have issued a 1 year BLTE price target, the average BLTE price target is $58.67, with the highest BLTE stock price forecast at $60.00 and the lowest BLTE stock price forecast at $57.00.

On average, Wall Street analysts predict that Belite Bio's share price could reach $58.67 by Mar 22, 2025. The average Belite Bio stock price prediction forecasts a potential upside of 58.56% from the current BLTE share price of $37.00.

What is BLTE's forecast return on equity (ROE) for 2024-2027?

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