Is Invitae Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NYSE: NVTA) stock is to Strong Sell NVTA stock.
Out of 2 analysts, 0 (0%) are recommending NVTA as a Strong Buy, 0 (0%) are recommending NVTA as a Buy, 0 (0%) are recommending NVTA as a Hold, 0 (0%) are recommending NVTA as a Sell, and 2 (100%) are recommending NVTA as a Strong Sell.
What is NVTA's forecast return on equity (ROE) for 2023-2024?
(NYSE: NVTA) forecast ROE is N/A, which is considered weak.
What is NVTA's Price Target?
According to 2 Wall Street analysts that have issued a 1 year NVTA price target, the average NVTA price target is $0.75, with the highest NVTA stock price forecast at $1.00 and the lowest NVTA stock price forecast at $0.50.
On average, Wall Street analysts predict that Invitae's share price could reach $0.75 by Aug 15, 2024. The average Invitae stock price prediction forecasts a potential upside of 11.94% from the current NVTA share price of $0.67.
What is NVTA's forecast return on assets (ROA) for 2023-2024?
(NYSE: NVTA) forecast ROA is -23.14%, which is lower than the forecast US Diagnostics & Research industry average of 11.23%.
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