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Spruce Biosciences

SPRBNASDAQ
Logo brought to you by Benzinga Data
$0.4000
0.024.68%
At close: -
$0.3731
-0.03-6.73%
After Hours: Dec 20, 8:08 AM EDT
Consensus Rating1
Outperform
Highest Price Target1
$9.00
Lowest Price Target1
$1.50
Consensus Price Target1
$3.90

Spruce Biosciences (NASDAQ:SPRB) Stock, Analyst Ratings, Price Targets, Forecasts

Spruce Biosciences Inc has a consensus price target of $3.9 based on the ratings of 9 analysts. The high is $9 issued by SVB Leerink on September 8, 2023. The low is $1.5 issued by RBC Capital on December 11, 2024. The 3 most-recent analyst ratings were released by JMP Securities, RBC Capital, and RBC Capital on December 11, 2024, December 11, 2024, and November 12, 2024, respectively. With an average price target of $2.17 between JMP Securities, RBC Capital, and RBC Capital, there's an implied 480.72% upside for Spruce Biosciences Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Aug
0
0
0
0
Nov
3
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
1.9
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JMP Securities
RBC Capital
Leerink Partners
SVB Leerink
Credit Suisse

1calculated from analyst ratings

Analyst Ratings for Spruce Biosciences

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FAQ

Q

What is the target price for Spruce Biosciences (SPRB) stock?

A

The latest price target for Spruce Biosciences (NASDAQ:SPRB) was reported by HC Wainwright & Co. on December 16, 2024. The analyst firm set a price target for $0.00 expecting SPRB to fall to within 12 months (a possible -100.00% downside). 20 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Spruce Biosciences (SPRB)?

A

The latest analyst rating for Spruce Biosciences (NASDAQ:SPRB) was provided by HC Wainwright & Co., and Spruce Biosciences reiterated their neutral rating.

Q

When was the last upgrade for Spruce Biosciences (SPRB)?

A

The last upgrade for Spruce Biosciences Inc happened on September 8, 2023 when SVB Leerink raised their price target to $9. SVB Leerink previously had a market perform for Spruce Biosciences Inc.

Q

When was the last downgrade for Spruce Biosciences (SPRB)?

A

The last downgrade for Spruce Biosciences Inc happened on December 11, 2024 when JMP Securities changed their price target from $3 to $3 for Spruce Biosciences Inc.

Q

When is the next analyst rating going to be posted or updated for Spruce Biosciences (SPRB)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Spruce Biosciences, 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 Spruce Biosciences was filed on December 16, 2024 so you should expect the next rating to be made available sometime around December 16, 2025.

Q

Is the Analyst Rating Spruce Biosciences (SPRB) correct?

A

While ratings are subjective and will change, the latest Spruce Biosciences (SPRB) rating was a reiterated with a price target of $0.00 to $0.00. The current price Spruce Biosciences (SPRB) is trading at is $0.37, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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