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NASDAQ: CRDL
Cardiol Therapeutics Inc Stock Forecast, Predictions & Price Target

Analyst price target for CRDL

Based on 1 analyst offering 12 month price targets for Cardiol Therapeutics Inc.
Min Forecast
$9.00+354.55%
Avg Forecast
$9.00+354.55%
Max Forecast
$9.00+354.55%

Should I buy or sell CRDL stock?

Based on 1 analyst offering ratings for Cardiol Therapeutics Inc.
Buy
Strong Buy
0 analysts 0%
Buy
1 analysts 100%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CRDL stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-22

1 of 1

Forecast return on equity

Is CRDL forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
34.94%

Forecast return on assets

Is CRDL forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

CRDL revenue forecast

What is CRDL's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$33.3M
Avg 2 year Forecast
$105.1M
Avg 3 year Forecast
$231.8M

CRDL vs Pharmaceutical Stocks

TickerPricePrice TargetUp/downsideConsensus
CRDL$1.98$9.00+354.55%Buy
FTLF$28.99N/AN/A
OPTN$1.03$4.50+336.89%Strong Buy
OGI$1.80N/AN/A
INCR$3.22N/AN/A

Cardiol Therapeutics Stock Forecast FAQ

Is Cardiol Therapeutics Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: CRDL) stock is to Buy CRDL stock.

Out of 1 analyst, 0 (0%) are recommending CRDL as a Strong Buy, 1 (100%) are recommending CRDL as a Buy, 0 (0%) are recommending CRDL as a Hold, 0 (0%) are recommending CRDL as a Sell, and 0 (0%) are recommending CRDL as a Strong Sell.

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

What is CRDL's revenue growth forecast for 2027-2029?

(NASDAQ: CRDL) Cardiol Therapeutics's forecast annual revenue growth rate of N/A is not forecast to beat the US Drug Manufacturers - Specialty & Generic industry's average forecast revenue growth rate of 8.58%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.75%.

Cardiol Therapeutics's revenue in 2024 is $0.On average, 2 Wall Street analysts forecast CRDL's revenue for 2027 to be $2,173,616,800, with the lowest CRDL revenue forecast at $1,578,257,538, and the highest CRDL revenue forecast at $2,768,976,061. On average, 2 Wall Street analysts forecast CRDL's revenue for 2028 to be $6,871,465,375, with the lowest CRDL revenue forecast at $5,097,477,762, and the highest CRDL revenue forecast at $8,645,452,989.

In 2029, CRDL is forecast to generate $15,151,272,363 in revenue, with the lowest revenue forecast at $15,151,272,363 and the highest revenue forecast at $15,151,272,363.

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

(NASDAQ: CRDL) forecast ROA is N/A, which is lower than the forecast US Drug Manufacturers - Specialty & Generic industry average of N/A.

What is CRDL's Price Target?

According to 1 Wall Street analyst that have issued a 1 year CRDL price target, the average CRDL price target is $9.00, with the highest CRDL stock price forecast at $9.00 and the lowest CRDL stock price forecast at $9.00.

The Wall Street analyst predicted that Cardiol Therapeutics's share price could reach $9.00 by Apr 22, 2025. The average Cardiol Therapeutics stock price prediction forecasts a potential upside of 354.55% from the current CRDL share price of $1.98.

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

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