Opthea Ltd has a consensus price target of $24 based on the ratings of 5 analysts. The high is $44 issued by Citigroup on September 16, 2022. The low is $12 issued by HC Wainwright & Co. on September 3, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co., Oppenheimer, and HC Wainwright & Co. on September 3, 2024, September 13, 2023, and August 1, 2023, respectively. With an average price target of $14 between HC Wainwright & Co., Oppenheimer, and HC Wainwright & Co., there's an implied 343.05% upside for Opthea Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Opthea (NASDAQ:OPT) was reported by HC Wainwright & Co. on September 3, 2024. The analyst firm set a price target for $12.00 expecting OPT to rise to within 12 months (a possible 279.76% upside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Opthea (NASDAQ:OPT) was provided by HC Wainwright & Co., and Opthea maintained their buy rating.
There is no last upgrade for Opthea
There is no last downgrade for Opthea.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Opthea, 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 Opthea was filed on September 3, 2024 so you should expect the next rating to be made available sometime around September 3, 2025.
While ratings are subjective and will change, the latest Opthea (OPT) rating was a maintained with a price target of $14.00 to $12.00. The current price Opthea (OPT) is trading at is $3.16, which is out of the analyst’s predicted range.
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