Is Sonnet Biotherapeutics Holdings Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: SONN) stock is to Strong Buy SONN stock.
Out of 2 analysts, 2 (100%) are recommending SONN as a Strong Buy, 0 (0%) are recommending SONN as a Buy, 0 (0%) are recommending SONN as a Hold, 0 (0%) are recommending SONN as a Sell, and 0 (0%) are recommending SONN as a Strong Sell.
What is SONN's forecast return on equity (ROE) for 2023-2025?
(NASDAQ: SONN) forecast ROE is -4,227.65%, which is considered weak.
What is SONN's Price Target?
According to 2 Wall Street analysts that have issued a 1 year SONN price target, the average SONN price target is $10.35, with the highest SONN stock price forecast at $14.00 and the lowest SONN stock price forecast at $6.70.
On average, Wall Street analysts predict that Sonnet Biotherapeutics Holdings's share price could reach $10.35 by May 25, 2024. The average Sonnet Biotherapeutics Holdings stock price prediction forecasts a potential upside of 1,999.39% from the current SONN share price of $0.49.
What is SONN's forecast return on assets (ROA) for 2023-2025?
(NASDAQ: SONN) forecast ROA is -1,705.08%, which is lower than the forecast US Biotechnology industry average of 11.82%.
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