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NASDAQ: SLGL
Sol Gel Technologies Ltd Stock Forecast, Predictions & Price Target

Analyst price target for SLGL

Based on 1 analyst offering 12 month price targets for Sol Gel Technologies Ltd.
Min Forecast
$9.00+971.43%
Avg Forecast
$9.00+971.43%
Max Forecast
$9.00+971.43%

Should I buy or sell SLGL stock?

Based on 1 analyst offering ratings for Sol Gel Technologies Ltd.
Buy
Strong Buy
0 analysts 0%
Buy
1 analysts 100%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SLGL stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-11-13

1 of 1

Forecast return on equity

Is SLGL forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.9%

Forecast return on assets

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

SLGL revenue forecast

What is SLGL's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$2.3M+49.61%
Avg 2 year Forecast
$6.1M+292.54%
Avg 3 year Forecast
$8.1M+421.24%
SLGL's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SLGL revenue growth forecast

How is SLGL forecast to perform vs Biotechnology companies and vs the US market?
Company
75.66%
Industry
39.26%
Market
10.55%
SLGL's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SLGL's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SLGL vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
SLGL$0.84$9.00+971.43%Buy
INDP$2.75N/AN/A
CDIO$1.08N/AN/A
CLDI$0.64$3.25+407.81%Buy
MEIP$3.63$7.00+92.84%Hold

Sol Gel Technologies Stock Forecast FAQ

Is Sol Gel Technologies Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: SLGL) stock is to Buy SLGL stock.

Out of 1 analyst, 0 (0%) are recommending SLGL as a Strong Buy, 1 (100%) are recommending SLGL as a Buy, 0 (0%) are recommending SLGL as a Hold, 0 (0%) are recommending SLGL as a Sell, and 0 (0%) are recommending SLGL as a Strong Sell.

If you're new to stock investing, here's how to buy Sol Gel Technologies stock.

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

(NASDAQ: SLGL) Sol Gel Technologies's forecast annual revenue growth rate of 75.66% is forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 39.26%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.55%.

Sol Gel Technologies's revenue in 2024 is $1,554,000.On average, 2 Wall Street analysts forecast SLGL's revenue for 2024 to be $64,768,967, with the lowest SLGL revenue forecast at $62,679,645, and the highest SLGL revenue forecast at $66,858,288. On average, 1 Wall Street analysts forecast SLGL's revenue for 2025 to be $169,931,482, with the lowest SLGL revenue forecast at $169,931,482, and the highest SLGL revenue forecast at $169,931,482.

In 2026, SLGL is forecast to generate $225,646,722 in revenue, with the lowest revenue forecast at $225,646,722 and the highest revenue forecast at $225,646,722.

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

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

What is SLGL's Price Target?

According to 1 Wall Street analyst that have issued a 1 year SLGL price target, the average SLGL price target is $9.00, with the highest SLGL stock price forecast at $9.00 and the lowest SLGL stock price forecast at $9.00.

The Wall Street analyst predicted that Sol Gel Technologies's share price could reach $9.00 by Nov 13, 2024. The average Sol Gel Technologies stock price prediction forecasts a potential upside of 971.43% from the current SLGL share price of $0.84.

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

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