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NASDAQ: ELEV
Elevation Oncology Inc Stock Forecast, Predictions & Price Target

Analyst price target for ELEV

Based on 3 analysts offering 12 month price targets for Elevation Oncology Inc.
Min Forecast
$6.00+38.89%
Avg Forecast
$7.00+62.04%
Max Forecast
$8.00+85.19%

Should I buy or sell ELEV stock?

Based on 3 analysts offering ratings for Elevation Oncology Inc.
Buy
Strong Buy
0 analysts 0%
Buy
3 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 ELEV stock forecasts and price targets.

ELEV stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-09
lockedlocked$00.00+00.00%2024-03-07
lockedlocked$00.00+00.00%2024-03-07

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Forecast return on equity

Is ELEV forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.5%

Forecast return on assets

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

ELEV revenue forecast

What is ELEV's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$14.9M
Avg 2 year Forecast
$27.6M
Avg 3 year Forecast
$154.4M

ELEV vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
ELEV$4.32$7.00+62.04%Buy
GALT$3.38$11.00+225.44%Buy
CMPX$1.52$9.00+492.11%Buy
PSTX$2.16$15.00+594.44%Strong Buy
PRLD$3.87$5.33+37.80%Hold

Elevation Oncology Stock Forecast FAQ

Is Elevation Oncology Stock a good buy in 2024, according to Wall Street analysts?

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

Out of 3 analysts, 0 (0%) are recommending ELEV as a Strong Buy, 3 (100%) are recommending ELEV as a Buy, 0 (0%) are recommending ELEV as a Hold, 0 (0%) are recommending ELEV as a Sell, and 0 (0%) are recommending ELEV as a Strong Sell.

If you're new to stock investing, here's how to buy Elevation Oncology stock.

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

(NASDAQ: ELEV) Elevation Oncology'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%.

Elevation Oncology's revenue in 2024 is $0.On average, 2 Wall Street analysts forecast ELEV's revenue for 2027 to be $726,361,147, with the lowest ELEV revenue forecast at $32,109,736, and the highest ELEV revenue forecast at $1,420,612,558. On average, 2 Wall Street analysts forecast ELEV's revenue for 2028 to be $1,340,581,474, with the lowest ELEV revenue forecast at $216,010,951, and the highest ELEV revenue forecast at $2,465,151,997.

In 2029, ELEV is forecast to generate $7,509,542,856 in revenue, with the lowest revenue forecast at $5,380,813,319 and the highest revenue forecast at $9,638,272,393.

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

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

What is ELEV's Price Target?

According to 3 Wall Street analysts that have issued a 1 year ELEV price target, the average ELEV price target is $7.00, with the highest ELEV stock price forecast at $8.00 and the lowest ELEV stock price forecast at $6.00.

On average, Wall Street analysts predict that Elevation Oncology's share price could reach $7.00 by Apr 9, 2025. The average Elevation Oncology stock price prediction forecasts a potential upside of 62.04% from the current ELEV share price of $4.32.

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

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