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NASDAQ: SPRB
Spruce Biosciences Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for SPRB

Based on 5 analysts offering 12 month price targets for Spruce Biosciences Inc.
Min Forecast
$2.00+183.29%
Avg Forecast
$5.40+664.87%
Max Forecast
$10.00+1,316.43%

Should I buy or sell SPRB stock?

Based on 5 analysts offering ratings for Spruce Biosciences Inc.
Buy
Strong Buy
1 analysts 20%
Buy
2 analysts 40%
Hold
2 analysts 40%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SPRB stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-14
lockedlocked$00.00+00.00%2024-03-14
lockedlocked$00.00+00.00%2024-03-14
lockedlocked$00.00+00.00%2024-02-21
lockedlocked$00.00+00.00%2023-11-20

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Forecast return on equity

Is SPRB forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.72%

Forecast return on assets

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

SPRB revenue forecast

What is SPRB's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$4.9M-51.28%
Avg 2 year Forecast
$64.5M+539.31%
Avg 3 year Forecast
$39.3M+289.34%
SPRB's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SPRB revenue growth forecast

How is SPRB forecast to perform vs Biotechnology companies and vs the US market?
Company
84.64%
Industry
38.32%
Market
10.27%
SPRB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SPRB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SPRB vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
SPRB$0.71$5.40+664.87%Buy
DARE$0.28$6.00+2,020.14%Buy
ACXP$1.80$12.00+566.67%Buy
LPCN$5.32N/AN/A
SRZN$9.36N/AN/A
View Top Biotech Stocks

Spruce Biosciences Stock Forecast FAQ

Is Spruce Biosciences Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: SPRB) stock is to Buy SPRB stock.

Out of 5 analysts, 1 (20%) are recommending SPRB as a Strong Buy, 2 (40%) are recommending SPRB as a Buy, 2 (40%) are recommending SPRB as a Hold, 0 (0%) are recommending SPRB as a Sell, and 0 (0%) are recommending SPRB as a Strong Sell.

If you're new to stock investing, here's how to buy Spruce Biosciences stock.

What is SPRB's revenue growth forecast for 2024-2027?

(NASDAQ: SPRB) Spruce Biosciences's forecast annual revenue growth rate of 84.64% is forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 38.32%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.27%.

Spruce Biosciences's revenue in 2024 is $10,089,000.On average, 2 Wall Street analysts forecast SPRB's revenue for 2024 to be $202,248,121, with the lowest SPRB revenue forecast at $202,083,525, and the highest SPRB revenue forecast at $202,453,867. On average, 2 Wall Street analysts forecast SPRB's revenue for 2026 to be $2,654,120,820, with the lowest SPRB revenue forecast at $1,057,533,412, and the highest SPRB revenue forecast at $4,250,708,228.

In 2027, SPRB is forecast to generate $1,616,380,154 in revenue, with the lowest revenue forecast at $1,616,380,154 and the highest revenue forecast at $1,616,380,154.

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

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

What is SPRB's Price Target?

According to 5 Wall Street analysts that have issued a 1 year SPRB price target, the average SPRB price target is $5.40, with the highest SPRB stock price forecast at $10.00 and the lowest SPRB stock price forecast at $2.00.

On average, Wall Street analysts predict that Spruce Biosciences's share price could reach $5.40 by Mar 14, 2025. The average Spruce Biosciences stock price prediction forecasts a potential upside of 664.87% from the current SPRB share price of $0.71.

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

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