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NASDAQ: DBTX
Decibel Therapeutics Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for DBTX

Based on 2 analysts offering 12 month price targets for Decibel Therapeutics Inc.
Min Forecast
$2.00-48.85%
Avg Forecast
$12.50+219.69%
Max Forecast
$23.00+488.24%

Should I buy or sell DBTX stock?

Based on 2 analysts offering ratings for Decibel Therapeutics Inc.
Buy
Strong Buy
0 analysts 0%
Buy
1 analysts 50%
Hold
1 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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

DBTX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
HC Wainwright & Co.
Top 24%
77
BuyReiterates$23.00+488.24%2023-05-12
SVB Leerink
Bottom 1%
1
HoldDowngrades$2.00-48.85%2023-03-15

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Forecast return on equity

Is DBTX forecast to generate an efficient return?
Company
N/A
Industry
0.08%
Market
72.92%

Forecast return on assets

Is DBTX forecast to generate an efficient return on assets?
Company
N/A
Industry
0.1%

DBTX vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
DBTX$3.91$12.50+219.69%Buy
ETON$3.86$10.00+159.27%Buy
EYEN$2.59$12.00+363.32%Buy
SPRB$2.43$7.40+204.53%Buy
ADVM$0.99$2.00+101.61%Strong Buy
View Top Biotech Stocks

Decibel Therapeutics Stock Forecast FAQ

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

The consensus among 2 Wall Street analysts covering (NASDAQ: DBTX) stock is to Buy DBTX stock.

Out of 2 analysts, 0 (0%) are recommending DBTX as a Strong Buy, 1 (50%) are recommending DBTX as a Buy, 1 (50%) are recommending DBTX as a Hold, 0 (0%) are recommending DBTX as a Sell, and 0 (0%) are recommending DBTX as a Strong Sell.

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

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

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

What is DBTX's Price Target?

According to 2 Wall Street analysts that have issued a 1 year DBTX price target, the average DBTX price target is $12.50, with the highest DBTX stock price forecast at $23.00 and the lowest DBTX stock price forecast at $2.00.

On average, Wall Street analysts predict that Decibel Therapeutics's share price could reach $12.50 by May 12, 2024. The average Decibel Therapeutics stock price prediction forecasts a potential upside of 219.69% from the current DBTX share price of $3.91.

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

(NASDAQ: DBTX) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of 0.1%.
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