Edesa Biotech Stock Forecast

EDSA's stock price has decreased by -52.57% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

According to 2 professional analysts, the 12-month price target for Edesa Biotech stock ranges from a low of $5.00 to a high of $21. The average analyst price target of $13 forecasts a 534.15% increase in the stock price over the next year.

Price Target: $13.00 (+534.15%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$5.00	$13	$21	$21
Change	+143.90%	+534.15%	+924.39%	+924.39%

Analyst Ratings

The average analyst rating for Edesa Biotech stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	2	2	1	1	1	2
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	1	1	1	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Yi Chen HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Initiates $5	Strong Buy	Initiates	$5	+143.90%	Jun 27, 2025
Vernon Bernardino HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $21	Strong Buy	Reiterates	$21	+924.39%	Mar 13, 2025
Vernon Bernardino HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $21	Strong Buy	Reiterates	$21	+924.39%	Aug 20, 2024
Vernon Bernardino HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $21	Strong Buy	Reiterates	$21	+924.39%	Jun 28, 2024
Vernon Bernardino HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $21	Strong Buy	Reiterates	$21	+924.39%	Feb 14, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

n/a

Revenue Next Year

n/a

EPS This Year

-1.43

from -1.93

EPS Next Year

-0.57

from -1.43

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Sep 30, 2020	Sep 30, 2021	Sep 30, 2022	Sep 30, 2023	Sep 30, 2024	Sep 30, 2025	Sep 30, 2026	Sep 30, 2027
Revenue	328.80K	-	-	-	-	-	-	-
Revenue Growth	-19.97%	-	-	-	-	-	-	-
EPS	-5.18	-7.73	-8.37	-2.93	-1.93	-1.43	-0.57	-0.46
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	4	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	n/a	n/a	n/a
Avg	n/a	n/a	n/a
Low	n/a	n/a	n/a

Revenue Growth

Revenue Growth	2025	2026	2027
High	-	-	-
Avg	-	-	-
Low	-	-	-

EPS Forecast

EPS	2025	2026	2027
High	-1.23	-0.59	-0.47
Avg	-1.43	-0.57	-0.46
Low	-1.60	-0.55	-0.44

EPS Growth

EPS Growth	2025	2026	2027
High	-	-	-
Avg	-	-	-
Low	-	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.