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NASDAQ: HRMY
Harmony Biosciences Holdings Inc Stock Forecast, Predictions & Price Target

Analyst price target for HRMY

Based on 8 analysts offering 12 month price targets for Harmony Biosciences Holdings Inc.
Min Forecast
$51.00+5%
Avg Forecast
$63.63+31%
Max Forecast
$70.00+44.12%

Should I buy or sell HRMY stock?

Based on 8 analysts offering ratings for Harmony Biosciences Holdings Inc.
Strong Buy
Strong Buy
4 analysts 50%
Buy
3 analysts 37.5%
Hold
1 analysts 12.5%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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HRMY stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Piper Sandler
Top 13%
88
Strong BuyMaintains$70.00+44.12%2023-01-04Find out why
Mizuho
Top 11%
90
Strong BuyMaintains$70.00+44.12%2022-11-08Find out why
Raymond James
Bottom 10%
10
BuyMaintains$62.00+27.65%2022-11-03
Needham
Top 45%
56
BuyMaintains$65.00+33.83%2022-11-02
Goldman Sachs
Top 17%
84
HoldMaintains$51.00+5.00%2022-10-21
Jefferies
Bottom 5%
5
Strong BuyUpgrades$61.00+25.59%2022-10-14
Oppenheimer
Bottom 4%
4
BuyMaintains$67.00+37.95%2022-08-03
Cantor Fitzgerald
Top 2%
99
Strong BuyInitiates Coverage On$63.00+29.71%2022-04-14

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Forecast return on equity

Is HRMY forecast to generate an efficient return?
Company
N/A
Industry
-0.06%
Market
12.46%

Forecast return on assets

Is HRMY forecast to generate an efficient return on assets?
Company
N/A
Industry
0.08%

HRMY earnings per share forecast

What is HRMY's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$2.62-0.38%
Avg 2 year Forecast
$3.86+46.77%
Avg 3 year Forecast
$5.04+91.63%
HRMY's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

HRMY revenue forecast

What is HRMY's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$588.7M+46.9%
Avg 2 year Forecast
$772.4M+92.73%
Avg 3 year Forecast
$929.9M+132.03%
HRMY's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

HRMY earnings growth forecast

How is HRMY forecast to perform vs Biotechnology companies and vs the US market?
Company
24.3%
Industry
6.97%
Market
24.23%
HRMY's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
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Forecast Earnings Growth vs Market Forecast
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Forecast Earnings Growth vs Savings Rate Forecast

HRMY revenue growth forecast

How is HRMY forecast to perform vs Biotechnology companies and vs the US market?
Company
32.6%
Industry
40.02%
Market
9.31%
HRMY's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
HRMY's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

HRMY vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
HRMY$48.57$63.63+31.00%Strong Buy
GLPG$44.19$52.40+18.58%Hold
BPMC$47.78$77.71+62.65%Buy
IMCR$60.69$79.00+30.17%Strong Buy
INSM$21.69$41.75+92.49%Strong Buy

Harmony Biosciences Holdings Stock Forecast FAQ

Is Harmony Biosciences Holdings Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NASDAQ: HRMY) stock is to Strong Buy HRMY stock.

Out of 8 analysts, 4 (50%) are recommending HRMY as a Strong Buy, 3 (37.5%) are recommending HRMY as a Buy, 1 (12.5%) are recommending HRMY as a Hold, 0 (0%) are recommending HRMY as a Sell, and 0 (0%) are recommending HRMY as a Strong Sell.

If you're new to stock investing, here's how to buy Harmony Biosciences Holdings stock.

What is HRMY's earnings growth forecast for 2023-2025?

(NASDAQ: HRMY) Harmony Biosciences Holdings's forecast annual earnings growth rate of 24.3% is forecast to beat the US Biotechnology industry's average forecast earnings growth rate of 6.97%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 24.23%.

Harmony Biosciences Holdings's earnings in 2023 is $155,673,000.On average, 5 Wall Street analysts forecast HRMY's earnings for 2023 to be $155,411,991, with the lowest HRMY earnings forecast at $132,871,321, and the highest HRMY earnings forecast at $174,393,609. On average, 3 Wall Street analysts forecast HRMY's earnings for 2024 to be $228,965,758, with the lowest HRMY earnings forecast at $186,850,295, and the highest HRMY earnings forecast at $307,264,930.

In 2025, HRMY is forecast to generate $298,960,472 in earnings, with the lowest earnings forecast at $232,524,812 and the highest earnings forecast at $430,645,442.

What is HRMY's revenue growth forecast for 2023-2025?

(NASDAQ: HRMY) Harmony Biosciences Holdings's forecast annual revenue growth rate of 32.6% is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 40.02%, and while it is forecast to beat the US market's average forecast revenue growth rate of 9.31%.

Harmony Biosciences Holdings's revenue in 2023 is $400,760,000.On average, 4 Wall Street analysts forecast HRMY's revenue for 2023 to be $34,920,659,263, with the lowest HRMY revenue forecast at $32,529,746,614, and the highest HRMY revenue forecast at $40,952,839,282. On average, 3 Wall Street analysts forecast HRMY's revenue for 2024 to be $45,814,861,913, with the lowest HRMY revenue forecast at $39,149,585,640, and the highest HRMY revenue forecast at $56,992,305,883.

In 2025, HRMY is forecast to generate $55,159,393,465 in revenue, with the lowest revenue forecast at $46,427,849,516 and the highest revenue forecast at $71,762,376,829.

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

(NASDAQ: HRMY) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of 0.08%.

What is HRMY's Price Target?

According to 8 Wall Street analysts that have issued a 1 year HRMY price target, the average HRMY price target is $63.63, with the highest HRMY stock price forecast at $70.00 and the lowest HRMY stock price forecast at $51.00.

On average, Wall Street analysts predict that Harmony Biosciences Holdings's share price could reach $63.63 by Jan 4, 2024. The average Harmony Biosciences Holdings stock price prediction forecasts a potential upside of 31% from the current HRMY share price of $48.57.

What is HRMY's Earnings Per Share (EPS) forecast for 2023-2025?

(NASDAQ: HRMY) Harmony Biosciences Holdings's current Earnings Per Share (EPS) is $2.63. On average, analysts forecast that HRMY's EPS will be $2.62 for 2023, with the lowest EPS forecast at $2.24, and the highest EPS forecast at $2.94. On average, analysts forecast that HRMY's EPS will be $3.86 for 2024, with the lowest EPS forecast at $3.15, and the highest EPS forecast at $5.18. In 2025, HRMY's EPS is forecast to hit $5.04 (min: $3.92, max: $7.26).

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

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