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NASDAQ: PPBT
Purple Biotech Ltd Stock Forecast, Predictions & Price Target

Analyst price target for PPBT

Based on 2 analysts offering 12 month price targets for Purple Biotech Ltd.
Min Forecast
$10.00+2,097.8%
Avg Forecast
$10.50+2,207.69%
Max Forecast
$11.00+2,317.58%

Should I buy or sell PPBT stock?

Based on 2 analysts offering ratings for Purple Biotech Ltd.
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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PPBT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-07
lockedlocked$00.00+00.00%2024-03-05

1 of 1

Forecast return on equity

Is PPBT forecast to generate an efficient return?

Forecast return on assets

Is PPBT forecast to generate an efficient return on assets?

PPBT revenue forecast

What is PPBT's revenue in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$7.7M
Avg 2 year Forecast
$36.4M
Avg 3 year Forecast
$60.6M

PPBT vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
PPBT$0.46$10.50+2,207.69%Strong Buy
ASLN$0.51$9.50+1,755.47%Strong Buy
CHRO$1.54N/AN/A
PBM$0.68N/AN/A
NTBL$0.98$8.00+720.51%Strong Buy

Purple Biotech Stock Forecast FAQ

Is Purple Biotech Stock a good buy in 2024, according to Wall Street analysts?

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

Out of 2 analysts, 1 (50%) are recommending PPBT as a Strong Buy, 1 (50%) are recommending PPBT as a Buy, 0 (0%) are recommending PPBT as a Hold, 0 (0%) are recommending PPBT as a Sell, and 0 (0%) are recommending PPBT as a Strong Sell.

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

What is PPBT's revenue growth forecast for 2026-2028?

(NASDAQ: PPBT) Purple Biotech's forecast annual revenue growth rate of N/A is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 38.03%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.06%.

Purple Biotech's revenue in 2024 is $0.On average, 1 Wall Street analysts forecast PPBT's revenue for 2026 to be $1,527,572,816, with the lowest PPBT revenue forecast at $1,527,572,816, and the highest PPBT revenue forecast at $1,527,572,816. On average, 1 Wall Street analysts forecast PPBT's revenue for 2027 to be $7,221,253,312, with the lowest PPBT revenue forecast at $7,221,253,312, and the highest PPBT revenue forecast at $7,221,253,312.

In 2028, PPBT is forecast to generate $12,022,196,448 in revenue, with the lowest revenue forecast at $12,022,196,448 and the highest revenue forecast at $12,022,196,448.

What is PPBT's forecast return on assets (ROA) for 2026-2027?

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

What is PPBT's Price Target?

According to 2 Wall Street analysts that have issued a 1 year PPBT price target, the average PPBT price target is $10.50, with the highest PPBT stock price forecast at $11.00 and the lowest PPBT stock price forecast at $10.00.

On average, Wall Street analysts predict that Purple Biotech's share price could reach $10.50 by Mar 7, 2025. The average Purple Biotech stock price prediction forecasts a potential upside of 2,207.69% from the current PPBT share price of $0.46.

What is PPBT's forecast return on equity (ROE) for 2026-2027?

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