Lexaria Bioscience

LEXXNASDAQ
$2.91
0.124.30%
At Close: -
$2.82
-0.09-3.09%
After Hours: 5:58 PM EDT
15 minutes delayed
Q3 2024 Earnings were released on Fri Jul 12th, during market hours
Consensus Rating1
Buy
Highest Price Target1
$12.00
Lowest Price Target1
$10.00
Consensus Price Target1
$11.00

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Lexaria Bioscience (NASDAQ:LEXX) Stock, Analyst Ratings, Price Targets, Forecasts

Lexaria Bioscience Corp has a consensus price target of $11 based on the ratings of 2 analysts. The high is $12 issued by Maxim Group on March 5, 2024. The low is $10 issued by HC Wainwright & Co. on July 10, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co., Maxim Group, and Maxim Group on July 10, 2024, March 5, 2024, and July 21, 2023, respectively. With an average price target of $8 between HC Wainwright & Co., Maxim Group, and Maxim Group, there's an implied 183.69% upside for Lexaria Bioscience Corp from these most-recent analyst ratings.

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Analyst Firms Making Recommendations1

HC Wainwright & Co.
Maxim Group

1calculated from analyst ratings

Analyst Ratings for Lexaria Bioscience

Buy NowGet Alert
07/10/2024Buy Now254.61%HC Wainwright & Co.
Yi Chen
→ $10Initiates → BuyGet Alert
03/05/2024Buy Now325.53%Maxim Group
Michael Okunewitch
$3 → $12MaintainsBuyGet Alert
07/21/2023Buy Now-29.08%Maxim Group
Michael Okunewitch
→ $2Initiates → BuyGet Alert

FAQ

Q

What is the target price for Lexaria Bioscience (LEXX) stock?

A

The latest price target for Lexaria Bioscience (NASDAQ:LEXX) was reported by HC Wainwright & Co. on July 10, 2024. The analyst firm set a price target for $10.00 expecting LEXX to rise to within 12 months (a possible 254.61% upside). 3 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Lexaria Bioscience (LEXX)?

A

The latest analyst rating for Lexaria Bioscience (NASDAQ:LEXX) was provided by HC Wainwright & Co., and Lexaria Bioscience initiated their buy rating.

Q

When was the last upgrade for Lexaria Bioscience (LEXX)?

A

There is no last upgrade for Lexaria Bioscience

Q

When was the last downgrade for Lexaria Bioscience (LEXX)?

A

There is no last downgrade for Lexaria Bioscience.

Q

When is the next analyst rating going to be posted or updated for Lexaria Bioscience (LEXX)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Lexaria Bioscience, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Lexaria Bioscience was filed on July 10, 2024 so you should expect the next rating to be made available sometime around July 10, 2025.

Q

Is the Analyst Rating Lexaria Bioscience (LEXX) correct?

A

While ratings are subjective and will change, the latest Lexaria Bioscience (LEXX) rating was a initiated with a price target of $0.00 to $10.00. The current price Lexaria Bioscience (LEXX) is trading at is $2.82, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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