Sol-Gel Technologies Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Sol-Gel Technologies stock has a target of 40, which predicts a 446.45% increase from the current stock price of 7.32.

Price Target: $40.00 (+446.45%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$40	$40	$40	$40
Change	+446.45%	+446.45%	+446.45%	+446.45%

* Price targets were last updated on Aug 19, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Sol-Gel Technologies is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Mar '24	Apr '24	May '24	Jun '24	Jul '24	Aug '24
Strong Buy	2	2	2	2	2	0
Buy	0	0	0	0	0	1
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	2	2	2	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Elliot Wilbur Raymond James	Raymond James	Strong Buy → Buy Downgrades $60 → $40	Strong Buy → Buy	Downgrades	$60 → $40	+446.45%	Aug 19, 2024
Raghuram Selvaraju HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $60	Strong Buy	Reiterates	$60	+719.67%	May 22, 2024
Raghuram Selvaraju HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $90 → $60	Strong Buy	Maintains	$90 → $60	+719.67%	May 20, 2024
Raghuram Selvaraju HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $120 → $90	Strong Buy	Maintains	$120 → $90	+1,129.51%	Nov 13, 2023
Raghuram Selvaraju HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $190 → $120	Strong Buy	Maintains	$190 → $120	+1,539.34%	Aug 14, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

7.85M

from 11.54M

-31.93%

from 11.54M

Revenue Next Year

10.30M

from 7.85M

31.17%

from 7.85M

EPS This Year

-0.41

from -3.80

EPS Next Year

-0.29

from -0.41

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	8.77M	31.27M	3.88M	1.55M	11.54M	7.85M	10.30M	17.44M
Revenue Growth	-61.71%	256.54%	-87.58%	-59.98%	642.47%	-31.93%	31.17%	69.31%
EPS	-13.00	1.40	-6.45	-10.06	-3.80	-0.41	-0.29	-0.28
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	3	3	3

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

Revenue Forecast

Revenue	2025	2026	2027
High	8.1M	10.6M	18.0M
Avg	7.9M	10.3M	17.4M
Low	7.5M	9.9M	16.8M

Revenue Growth

Revenue Growth	2025	2026	2027
High	-29.9%	35.0%	74.3%
Avg	-31.9%	31.2%	69.3%
Low	-34.6%	26.0%	62.7%

EPS Forecast

EPS	2025	2026	2027
High	-0.42	-0.29	-0.28
Avg	-0.41	-0.29	-0.28
Low	-0.39	-0.27	-0.26

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.