WallStreetZenWallStreetZen

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

OverviewForecast
EarningsDividendOwnership

Analyst price target for SPRB

Based on 4 analysts offering 12 month price targets for Spruce Biosciences Inc.
Min Forecast
$2.00+346.43%
Avg Forecast
$2.50+458.04%
Max Forecast
$3.00+569.64%

Should I buy or sell SPRB stock?

Based on 4 analysts offering ratings for Spruce Biosciences Inc.
Buy
Strong Buy
0 analysts 0%
Buy
2 analysts 50%
Hold
2 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their SPRB stock forecasts and price targets.

SPRB stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-08-13
lockedlocked$00.00+00.00%2024-06-13
lockedlocked$00.00+00.00%2024-03-14
lockedlocked$00.00+00.00%2024-03-14

1 of 1

Forecast return on equity

Is SPRB forecast to generate an efficient return?
Company
-127.04%
Industry
-388.81%
Market
59.09%
SPRB's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SPRB forecast to generate an efficient return on assets?
Company
-99.54%
Industry
27.33%
SPRB is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SPRB earnings per share forecast

What is SPRB's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
-$1.12
Avg 2 year Forecast
-$1.08
Avg 3 year Forecast
-$1.08

SPRB revenue forecast

What is SPRB's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$5.8M-39.41%
Avg 2 year Forecast
$5.1M-46.72%
Avg 3 year Forecast
$5.0M-47.76%
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
-20.44%
Industry
34.98%
Market
9.26%
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$0.45$2.50+458.04%Buy
EVAX$3.45$11.00+218.84%Strong Buy
AIM$0.33$5.00+1,424.39%Buy
NERV$2.61$5.00+91.57%Hold
APRE$3.35$15.50+362.69%Buy
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 4 Wall Street analysts covering (NASDAQ: SPRB) stock is to Buy SPRB stock.

Out of 4 analysts, 0 (0%) are recommending SPRB as a Strong Buy, 2 (50%) are recommending SPRB as a Buy, 2 (50%) 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 earnings growth forecast for 2024-2026?

(NASDAQ: SPRB) Spruce Biosciences's forecast annual earnings growth rate of N/A is not forecast to beat the US Biotechnology industry's average forecast earnings growth rate of 15.4%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.02%.

Spruce Biosciences's earnings in 2024 is -$43,110,000.On average, 4 Wall Street analysts forecast SPRB's earnings for 2024 to be -$46,258,911, with the lowest SPRB earnings forecast at -$50,802,197, and the highest SPRB earnings forecast at -$42,128,651. On average, 4 Wall Street analysts forecast SPRB's earnings for 2025 to be -$44,400,294, with the lowest SPRB earnings forecast at -$58,649,691, and the highest SPRB earnings forecast at -$34,694,183.

In 2026, SPRB is forecast to generate -$44,400,294 in earnings, with the lowest earnings forecast at -$66,084,158 and the highest earnings forecast at -$22,716,429.

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

(NASDAQ: SPRB) Spruce Biosciences's forecast annual revenue growth rate of -20.44% is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 34.98%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.26%.

Spruce Biosciences's revenue in 2024 is $9,572,000.On average, 3 Wall Street analysts forecast SPRB's revenue for 2024 to be $239,555,074, with the lowest SPRB revenue forecast at $148,689,356, and the highest SPRB revenue forecast at $289,118,193. On average, 2 Wall Street analysts forecast SPRB's revenue for 2025 to be $210,643,255, with the lowest SPRB revenue forecast at $206,512,995, and the highest SPRB revenue forecast at $214,773,515.

In 2026, SPRB is forecast to generate $206,512,995 in revenue, with the lowest revenue forecast at $206,512,995 and the highest revenue forecast at $206,512,995.

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

(NASDAQ: SPRB) forecast ROA is -99.54%, which is lower than the forecast US Biotechnology industry average of 27.33%.

What is SPRB's Price Target?

According to 4 Wall Street analysts that have issued a 1 year SPRB price target, the average SPRB price target is $2.50, with the highest SPRB stock price forecast at $3.00 and the lowest SPRB stock price forecast at $2.00.

On average, Wall Street analysts predict that Spruce Biosciences's share price could reach $2.50 by Aug 13, 2025. The average Spruce Biosciences stock price prediction forecasts a potential upside of 458.04% from the current SPRB share price of $0.45.

What is SPRB's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: SPRB) Spruce Biosciences's current Earnings Per Share (EPS) is -$1.03. On average, analysts forecast that SPRB's EPS will be -$1.12 for 2024, with the lowest EPS forecast at -$1.23, and the highest EPS forecast at -$1.02. On average, analysts forecast that SPRB's EPS will be -$1.08 for 2025, with the lowest EPS forecast at -$1.42, and the highest EPS forecast at -$0.84. In 2026, SPRB's EPS is forecast to hit -$1.08 (min: -$1.60, max: -$0.55).

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

(NASDAQ: SPRB) forecast ROE is -127.04%, which is considered weak.
©2024 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.