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NASDAQ: CDMO
Avid Bioservices Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for CDMO

Based on 3 analysts offering 12 month price targets for Avid Bioservices Inc.
Min Forecast
$7.00+50.86%
Avg Forecast
$12.33+165.8%
Max Forecast
$16.00+244.83%

Should I buy or sell CDMO stock?

Based on 3 analysts offering ratings for Avid Bioservices 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%

Be the first to know when Wall Street analysts revise their CDMO stock forecasts and price targets.

CDMO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-12-08
lockedlocked$00.00+00.00%2023-12-08
lockedlocked$00.00+00.00%2023-12-08

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Forecast return on equity

Is CDMO forecast to generate an efficient return?
Company
N/A
Industry
-0.69%
Market
30.36%

Forecast return on assets

Is CDMO forecast to generate an efficient return on assets?
Company
N/A
Industry
-0.29%

CDMO revenue forecast

What is CDMO's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$154.7M+9.76%
Avg 2 year Forecast
$185.8M+31.83%
Avg 3 year Forecast
$229.3M+62.7%
CDMO's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CDMO revenue growth forecast

How is CDMO forecast to perform vs Biotechnology companies and vs the US market?
Company
17.26%
Industry
34.66%
Market
7.66%
CDMO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CDMO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CDMO vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
CDMO$4.64$12.33+165.80%Strong Buy
PGEN$1.18$6.00+408.47%Buy
MLYS$7.18$37.00+415.32%Buy
NUVB$1.33$4.50+238.35%Buy
HUMA$2.80$8.67+209.54%Strong Buy
View Top Biotech Stocks

Avid Bioservices Stock Forecast FAQ

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

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

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

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

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

(NASDAQ: CDMO) Avid Bioservices's forecast annual revenue growth rate of 17.26% is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 34.66%, and while it is forecast to beat the US market's average forecast revenue growth rate of 7.66%.

Avid Bioservices's revenue in 2023 is $140,938,000.On average, 2 Wall Street analysts forecast CDMO's revenue for 2024 to be $9,783,110,119, with the lowest CDMO revenue forecast at $9,656,631,643, and the highest CDMO revenue forecast at $9,909,588,595. On average, 2 Wall Street analysts forecast CDMO's revenue for 2025 to be $11,749,850,420, with the lowest CDMO revenue forecast at $10,851,853,241, and the highest CDMO revenue forecast at $12,647,847,600.

In 2026, CDMO is forecast to generate $14,500,757,273 in revenue, with the lowest revenue forecast at $12,875,508,857 and the highest revenue forecast at $16,126,005,690.

What is CDMO's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: CDMO) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of -0.29%.

What is CDMO's Price Target?

According to 3 Wall Street analysts that have issued a 1 year CDMO price target, the average CDMO price target is $12.33, with the highest CDMO stock price forecast at $16.00 and the lowest CDMO stock price forecast at $7.00.

On average, Wall Street analysts predict that Avid Bioservices's share price could reach $12.33 by Dec 8, 2024. The average Avid Bioservices stock price prediction forecasts a potential upside of 165.8% from the current CDMO share price of $4.64.

What is CDMO's forecast return on equity (ROE) for 2024-2026?

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