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NASDAQ: GRTS
Gritstone Bio Inc Stock Forecast, Predictions & Price Target

Analyst price target for GRTS

Based on 2 analysts offering 12 month price targets for Gritstone Bio Inc.
Min Forecast
$5.00+576.59%
Avg Forecast
$6.00+711.91%
Max Forecast
$7.00+847.23%

Should I buy or sell GRTS stock?

Based on 2 analysts offering ratings for Gritstone Bio Inc.
Buy
Strong Buy
0 analysts 0%
Buy
2 analysts 100%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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GRTS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-02
lockedlocked$00.00+00.00%2024-03-06

1 of 1

Forecast return on equity

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

Forecast return on assets

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

GRTS revenue forecast

What is GRTS's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$64.4M+293.78%
Avg 2 year Forecast
$105.5M+545.62%
Avg 3 year Forecast
$66.5M+306.72%
GRTS's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

GRTS revenue growth forecast

How is GRTS forecast to perform vs Biotechnology companies and vs the US market?
Company
73.24%
Industry
37.57%
Market
10.16%
GRTS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
GRTS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

GRTS vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
GRTS$0.74$6.00+711.91%Buy
ASMB$13.27N/AN/A
CUE$1.50$8.00+433.33%Strong Buy
CVM$1.47N/AN/A
DTIL$10.23$60.00+486.51%Buy

Gritstone Bio Stock Forecast FAQ

Is Gritstone Bio Stock a good buy in 2024, according to Wall Street analysts?

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

Out of 2 analysts, 0 (0%) are recommending GRTS as a Strong Buy, 2 (100%) are recommending GRTS as a Buy, 0 (0%) are recommending GRTS as a Hold, 0 (0%) are recommending GRTS as a Sell, and 0 (0%) are recommending GRTS as a Strong Sell.

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

What is GRTS's revenue growth forecast for 2024-2026?

(NASDAQ: GRTS) Gritstone Bio's forecast annual revenue growth rate of 73.24% is forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 37.57%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.16%.

Gritstone Bio's revenue in 2024 is $16,344,000.On average, 3 Wall Street analysts forecast GRTS's revenue for 2024 to be $6,311,501,630, with the lowest GRTS revenue forecast at $1,498,442,276, and the highest GRTS revenue forecast at $11,669,805,686. On average, 3 Wall Street analysts forecast GRTS's revenue for 2025 to be $10,347,881,479, with the lowest GRTS revenue forecast at $692,343,094, and the highest GRTS revenue forecast at $21,770,561,868.

In 2026, GRTS is forecast to generate $6,518,910,361 in revenue, with the lowest revenue forecast at $779,621,472 and the highest revenue forecast at $12,258,199,250.

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

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

What is GRTS's Price Target?

According to 2 Wall Street analysts that have issued a 1 year GRTS price target, the average GRTS price target is $6.00, with the highest GRTS stock price forecast at $7.00 and the lowest GRTS stock price forecast at $5.00.

On average, Wall Street analysts predict that Gritstone Bio's share price could reach $6.00 by Apr 2, 2025. The average Gritstone Bio stock price prediction forecasts a potential upside of 711.91% from the current GRTS share price of $0.74.

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

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