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

Analyst price target for HRMY

Based on 6 analysts offering 12 month price targets for Harmony Biosciences Holdings Inc.
Min Forecast
$27.00-6.67%
Avg Forecast
$37.33+29.05%
Max Forecast
$50.00+72.83%

Should I buy or sell HRMY stock?

Based on 6 analysts offering ratings for Harmony Biosciences Holdings Inc.
Buy
Strong Buy
2 analysts 33.33%
Buy
2 analysts 33.33%
Hold
0 analysts 0%
Sell
1 analysts 16.67%
Strong Sell
1 analysts 16.67%

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HRMY stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-12
lockedlocked$00.00+00.00%2024-04-11
lockedlocked$00.00+00.00%2024-02-27
lockedlocked$00.00+00.00%2024-01-09
lockedlocked$00.00+00.00%2024-01-02
Raymond James
Bottom 5%
5
BuyMaintains$27.00-6.67%2023-11-01

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Forecast return on equity

Is HRMY forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.16%

Forecast return on assets

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

HRMY revenue forecast

What is HRMY's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$712.1M+22.35%
Avg 2 year Forecast
$835.0M+43.46%
Avg 3 year Forecast
$930.6M+59.89%
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
42.05%
Industry
7.17%
Market
21.46%
HRMY's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
HRMY's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
HRMY's earnings are forecast to... subscribe to Premium to read more.
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
17.13%
Industry
37.04%
Market
9.92%
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$28.93$37.33+29.05%Buy
INBX$34.09$27.00-20.80%Buy
DNA$0.78$2.20+182.78%Hold
ZLAB$15.74$63.21+301.59%Strong Buy
CPRX$14.68$27.40+86.65%Strong Buy

Harmony Biosciences Holdings Stock Forecast FAQ

Is Harmony Biosciences Holdings Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: HRMY) stock is to Buy HRMY stock.

Out of 6 analysts, 2 (33.33%) are recommending HRMY as a Strong Buy, 2 (33.33%) are recommending HRMY as a Buy, 0 (0%) are recommending HRMY as a Hold, 1 (16.67%) are recommending HRMY as a Sell, and 1 (16.67%) 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 revenue growth forecast for 2024-2026?

(NASDAQ: HRMY) Harmony Biosciences Holdings's forecast annual revenue growth rate of 17.13% is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 37.04%, and while it is forecast to beat the US market's average forecast revenue growth rate of 9.92%.

Harmony Biosciences Holdings's revenue in 2024 is $582,022,000.On average, 3 Wall Street analysts forecast HRMY's revenue for 2024 to be $40,424,865,197, with the lowest HRMY revenue forecast at $39,759,928,951, and the highest HRMY revenue forecast at $40,828,323,055. On average, 2 Wall Street analysts forecast HRMY's revenue for 2025 to be $47,399,344,181, with the lowest HRMY revenue forecast at $46,982,091,436, and the highest HRMY revenue forecast at $47,816,596,926.

In 2026, HRMY is forecast to generate $52,829,306,779 in revenue, with the lowest revenue forecast at $51,739,340,423 and the highest revenue forecast at $53,919,273,134.

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

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

What is HRMY's Price Target?

According to 6 Wall Street analysts that have issued a 1 year HRMY price target, the average HRMY price target is $37.33, with the highest HRMY stock price forecast at $50.00 and the lowest HRMY stock price forecast at $27.00.

On average, Wall Street analysts predict that Harmony Biosciences Holdings's share price could reach $37.33 by Apr 12, 2025. The average Harmony Biosciences Holdings stock price prediction forecasts a potential upside of 29.05% from the current HRMY share price of $28.93.

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

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