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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
$7.00+483.33%
Avg Forecast
$7.50+525%
Max Forecast
$8.00+566.67%

Should I buy or sell GRTS stock?

Based on 2 analysts offering ratings for Gritstone Bio Inc.
Strong Buy
Strong Buy
1 analysts 50%
Buy
1 analysts 50%
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
HC Wainwright & Co.
Bottom 5%
5
BuyReiterates$7.00+483.33%2023-08-10
B. Riley Securities
Top 3%
98
Strong BuyInitiates Coverage On$8.00+566.67%2023-03-28

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Forecast return on equity

Is GRTS forecast to generate an efficient return?
Company
N/A
Industry
0.6%
Market
28.78%

Forecast return on assets

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

GRTS revenue growth forecast

How is GRTS forecast to perform vs Biotechnology companies and vs the US market?
Company
10.26%
Industry
35.17%
Market
8.14%
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$1.20$7.50+525.00%Strong Buy
GLSI$8.57$38.00+343.41%Buy
VACC$2.82$10.08+257.55%Buy
VXRT$0.71$4.00+463.38%Strong Buy
GALT$1.81$11.00+507.73%Buy

Gritstone Bio Stock Forecast FAQ

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

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

Out of 2 analysts, 1 (50%) are recommending GRTS as a Strong Buy, 1 (50%) 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 forecast return on equity (ROE) for 2023-2026?

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

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 $7.50, with the highest GRTS stock price forecast at $8.00 and the lowest GRTS stock price forecast at $7.00.

On average, Wall Street analysts predict that Gritstone Bio's share price could reach $7.50 by Aug 10, 2024. The average Gritstone Bio stock price prediction forecasts a potential upside of 525% from the current GRTS share price of $1.20.

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

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