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NASDAQ: EDSA
Edesa Biotech Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for EDSA

Based on 1 analyst offering 12 month price targets for Edesa Biotech Inc.
Min Forecast
$21.00+387.24%
Avg Forecast
$21.00+387.24%
Max Forecast
$21.00+387.24%

Should I buy or sell EDSA stock?

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

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

EDSA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-14

1 of 1

Forecast return on equity

Is EDSA forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.42%

Forecast return on assets

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

EDSA revenue forecast

What is EDSA's revenue in the next 1 years based on estimates from 1 analyst?
Avg 1 year Forecast
$4.5M

EDSA vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
EDSA$4.31$21.00+387.24%Buy
NNVC$1.15$6.50+465.22%Strong Buy
TNXP$0.16$3.00+1,775.00%Strong Buy
TRAW$0.64N/AN/A
XTLB$2.56N/AN/A
View Top Biotech Stocks

Edesa Biotech Stock Forecast FAQ

Is Edesa Biotech Stock a good buy in 2024, according to Wall Street analysts?

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

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

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

What is EDSA's revenue growth forecast for 2024-2024?

(NASDAQ: EDSA) Edesa Biotech'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 37.5%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.08%.

Edesa Biotech's revenue in 2024 is $0.

In 2024, EDSA is forecast to generate $14,272,920 in revenue, with the lowest revenue forecast at $14,272,920 and the highest revenue forecast at $14,272,920.

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

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

What is EDSA's Price Target?

According to 1 Wall Street analyst that have issued a 1 year EDSA price target, the average EDSA price target is $21.00, with the highest EDSA stock price forecast at $21.00 and the lowest EDSA stock price forecast at $21.00.

The Wall Street analyst predicted that Edesa Biotech's share price could reach $21.00 by Feb 14, 2025. The average Edesa Biotech stock price prediction forecasts a potential upside of 387.24% from the current EDSA share price of $4.31.

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

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