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NASDAQ: GLTO
Galecto Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for GLTO

Based on 3 analysts offering 12 month price targets for Galecto Inc.
Min Forecast
$6.00+173.97%
Avg Forecast
$11.33+417.49%
Max Forecast
$16.00+630.59%

Should I buy or sell GLTO stock?

Based on 3 analysts offering ratings for Galecto 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 GLTO stock forecasts and price targets.

GLTO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
HC Wainwright & Co.
Bottom 3%
3
BuyReiterates$12.00+447.95%2023-05-24
Cantor Fitzgerald
Top 3%
98
Strong BuyInitiates Coverage On$16.00+630.59%2023-03-17
Credit Suisse
Bottom 4%
4
BuyReiterates$6.00+173.97%2023-03-10

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Forecast return on equity

Is GLTO forecast to generate an efficient return?
Company
N/A
Industry
0.1%
Market
71.95%

Forecast return on assets

Is GLTO forecast to generate an efficient return on assets?
Company
N/A
Industry
0.12%

GLTO vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
GLTO$2.19$11.33+417.49%Strong Buy
VIRX$1.47$18.67+1,169.86%Buy
HCWB$1.58$9.00+469.62%Strong Buy
FIXX$0.99$9.67+881.42%Buy
RFL$2.27N/AN/A
View Top Biotech Stocks

Galecto Stock Forecast FAQ

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

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

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

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

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

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

What is GLTO's Price Target?

According to 3 Wall Street analysts that have issued a 1 year GLTO price target, the average GLTO price target is $11.33, with the highest GLTO stock price forecast at $16.00 and the lowest GLTO stock price forecast at $6.00.

On average, Wall Street analysts predict that Galecto's share price could reach $11.33 by May 24, 2024. The average Galecto stock price prediction forecasts a potential upside of 417.49% from the current GLTO share price of $2.19.

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

(NASDAQ: GLTO) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of 0.12%.
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