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NASDAQ: PTCT
Ptc Therapeutics Inc Stock Forecast, Predictions & Price Target

Analyst price target for PTCT

Based on 9 analysts offering 12 month price targets for Ptc Therapeutics Inc.
Min Forecast
$17.00-37.2%
Avg Forecast
$28.00+3.44%
Max Forecast
$45.00+66.24%

Should I buy or sell PTCT stock?

Based on 9 analysts offering ratings for Ptc Therapeutics Inc.
Hold
Strong Buy
2 analysts 22.22%
Buy
0 analysts 0%
Hold
3 analysts 33.33%
Sell
1 analysts 11.11%
Strong Sell
3 analysts 33.33%

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PTCT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-01-26
lockedlocked$00.00+00.00%2024-01-26
lockedlocked$00.00+00.00%2023-12-19
lockedlocked$00.00+00.00%2023-10-27
lockedlocked$00.00+00.00%2023-10-27
Truist Securities
Top 30%
71
HoldDowngrades$25.00-7.65%2023-10-06
Truist Securities
Top 16%
85
Strong BuyReiterates$45.00+66.24%2023-09-19
Bank of America
Top 30%
71
SellMaintains$23.00-15.04%2023-09-19
Goldman Sachs
Bottom 18%
18
Strong SellMaintains$22.00-18.73%2023-09-18

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Forecast return on equity

Is PTCT forecast to generate an efficient return?
Insufficient data to display

Forecast return on assets

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

PTCT revenue forecast

What is PTCT's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$612.5M-23.27%
Avg 2 year Forecast
$573.3M-28.17%
Avg 3 year Forecast
$750.1M-6.02%
PTCT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PTCT revenue growth forecast

How is PTCT forecast to perform vs Biotechnology companies and vs the US market?
Company
-4.52%
Industry
52.2%
Market
11.01%
PTCT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PTCT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PTCT vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
PTCT$27.07$28.00+3.44%Hold
ARDX$8.68$13.00+49.77%Strong Buy
TGTX$13.32$32.33+142.74%Strong Buy
MRVI$8.36$10.00+19.62%Strong Buy
VERA$47.45$26.17-44.85%Strong Buy

Ptc Therapeutics Stock Forecast FAQ

Is Ptc Therapeutics Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NASDAQ: PTCT) stock is to Hold PTCT stock.

Out of 9 analysts, 2 (22.22%) are recommending PTCT as a Strong Buy, 0 (0%) are recommending PTCT as a Buy, 3 (33.33%) are recommending PTCT as a Hold, 1 (11.11%) are recommending PTCT as a Sell, and 3 (33.33%) are recommending PTCT as a Strong Sell.

If you're new to stock investing, here's how to buy Ptc Therapeutics stock.

What is PTCT's revenue growth forecast for 2024-2026?

(NASDAQ: PTCT) Ptc Therapeutics's forecast annual revenue growth rate of -4.52% is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 52.2%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 11.01%.

Ptc Therapeutics's revenue in 2024 is $798,178,000.On average, 6 Wall Street analysts forecast PTCT's revenue for 2024 to be $46,219,063,344, with the lowest PTCT revenue forecast at $35,497,863,408, and the highest PTCT revenue forecast at $56,896,721,046. On average, 5 Wall Street analysts forecast PTCT's revenue for 2025 to be $43,262,568,250, with the lowest PTCT revenue forecast at $25,317,885,148, and the highest PTCT revenue forecast at $57,869,063,670.

In 2026, PTCT is forecast to generate $56,607,395,348 in revenue, with the lowest revenue forecast at $41,293,432,944 and the highest revenue forecast at $83,492,423,628.

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

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

What is PTCT's Price Target?

According to 9 Wall Street analysts that have issued a 1 year PTCT price target, the average PTCT price target is $28.00, with the highest PTCT stock price forecast at $45.00 and the lowest PTCT stock price forecast at $17.00.

On average, Wall Street analysts predict that Ptc Therapeutics's share price could reach $28.00 by Jan 26, 2025. The average Ptc Therapeutics stock price prediction forecasts a potential upside of 3.44% from the current PTCT share price of $27.07.

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

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