Oncolytics Biotech Inc Stock Forecast, Predictions & Price Target

Analyst price target for ONCY

Based on 3 analysts offering 12 month price targets for Oncolytics Biotech Inc.
Min Forecast
Avg Forecast
Max Forecast

Should I buy or sell ONCY stock?

Based on 3 analysts offering ratings for Oncolytics Biotech Inc.
Strong Buy
Strong Buy
2 analysts 66.67%
1 analysts 33.33%
0 analysts 0%
0 analysts 0%
Strong Sell
0 analysts 0%

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ONCY stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
HC Wainwright & Co.
Bottom 1%
Bottom 5%
Strong BuyInitiates Coverage On$9.00+423.26%2023-05-24
Canaccord Genuity
Top 41%
Strong BuyMaintains$5.00+190.70%2023-03-06

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Forecast return on equity

Is ONCY forecast to generate an efficient return?

Forecast return on assets

Is ONCY forecast to generate an efficient return on assets?

ONCY vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
ONCY$1.72$9.67+462.03%Strong Buy
CLLS$1.99$11.67+486.28%Strong Buy
CVM$2.43$13.00+434.98%Strong Buy
ARAV$1.80$12.50+594.44%Strong Buy

Oncolytics Biotech Stock Forecast FAQ

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

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

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

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

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

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

What is ONCY's Price Target?

According to 3 Wall Street analysts that have issued a 1 year ONCY price target, the average ONCY price target is $9.67, with the highest ONCY stock price forecast at $15.00 and the lowest ONCY stock price forecast at $5.00.

On average, Wall Street analysts predict that Oncolytics Biotech's share price could reach $9.67 by May 26, 2024. The average Oncolytics Biotech stock price prediction forecasts a potential upside of 462.03% from the current ONCY share price of $1.72.

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

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