Is Arcadia Biosciences Stock a good buy in 2024, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NASDAQ: RKDA) stock is to Buy RKDA stock.
Out of 1 analyst, 0 (0%) are recommending RKDA as a Strong Buy, 1 (100%) are recommending RKDA as a Buy, 0 (0%) are recommending RKDA as a Hold, 0 (0%) are recommending RKDA as a Sell, and 0 (0%) are recommending RKDA as a Strong Sell.
What is RKDA's revenue growth forecast for 2024-2024?
(NASDAQ: RKDA) Arcadia Biosciences's forecast annual revenue growth rate of N/A is not forecast to beat the US Packaged Foods industry's average forecast revenue growth rate of N/A, and while it is not forecast to beat the US market's average forecast revenue growth rate of N/A.
Arcadia Biosciences's revenue in 2024 is $5,330,000.
In 2024, RKDA is forecast to generate $8,858,460 in revenue, with the lowest revenue forecast at $8,858,460 and the highest revenue forecast at $8,858,460.
What is RKDA's forecast return on assets (ROA) for 2024-2024?
(NASDAQ: RKDA) forecast ROA is N/A, which is lower than the forecast US Packaged Foods industry average of 7.52%.
What is RKDA's Price Target?
According to 1 Wall Street analyst that have issued a 1 year RKDA price target, the average RKDA price target is $10.00, with the highest RKDA stock price forecast at $10.00 and the lowest RKDA stock price forecast at $10.00.
The Wall Street analyst predicted that Arcadia Biosciences's share price could reach $10.00 by Apr 5, 2025. The average Arcadia Biosciences stock price prediction forecasts a potential upside of 385.44% from the current RKDA share price of $2.06.
What is RKDA's forecast return on equity (ROE) for 2024-2024?
(NASDAQ: RKDA) forecast ROE is N/A, which is considered weak.
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