What is the current Price Target for the Edesa Biotech Inc stock?

The average Edesa Biotech Inc target price is $20.50. This is 853.49% higher than the current stock price. The highest price target is 876.74%, the lowest is 830.23%. 2 Analysts have issued a price target Edesa Biotech Inc 2025 .

How high will the Edesa Biotech Inc stock rise?

No reliable answer can be given as to how high the Edesa Biotech Inc stock will rise. The performance of stocks, including the Edesa Biotech Inc stock, depends on a variety of factors, such as the general economic situation, the company's business results, investor expectations and global events.

What's going on with the Edesa Biotech Inc stock today?

The performance of Edesa Biotech Inc stock on any given day can be influenced by various factors, such as market conditions, industry trends, company news and global events.

Why did the Edesa Biotech Inc stock fall?

The decline in Edesa Biotech Inc stock may be due to a variety of factors, such as market conditions, industry trends, company news, macroeconomic events or changes in investor expectations. It is important to note that stock markets are inherently volatile and the performance of an individual stock on any given day is not necessarily indicative of its long-term performance.

What is a price target?

A price target is an estimate by an analyst or investment bank of where a company's stock price could be in a certain period of time, usually 12 months.

Edesa Biotech Inc Forecast, price target & analysts

$2.40

11.63% today

Nasdaq, Nov 26, 02:11 pm CET

ISIN

CA27966L1085

Symbol

EDSA

Reports

Quarter | Annual

Index

NASDAQ Composite

Sector

Health

Industry

Biotechnology

Overview Dividends Analysts Charts News Strategies

Edesa Biotech Inc Target price 2024 - Analyst rating & recommendation

Edesa Biotech Inc Classifications & Recommendation:

Buy

100%

Edesa Biotech Inc Price Target

Target Price	$20.50
Price	$2.15
Potential	853.49% register free of charge
Number of Estimates	2

	2 Analysts have issued a price target Edesa Biotech Inc 2025 . The average Edesa Biotech Inc target price is $20.50. This is 853.49% register free of charge higher than the current stock price. The highest price target is $21.00 876.74% register free of charge , the lowest is $20.00 830.23% register free of charge .
	A rating was issued by 1 analysts: 1 Analysts recommend Edesa Biotech Inc to buy, 0 to hold and 0 to sell.
	Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
	Analyst Estimates: Analysts believe that the Edesa Biotech Inc stock has an average upside potential 2025 of 853.49% register free of charge . Most analysts recommend the Edesa Biotech Inc stock at Purchase.

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually

	Sep '23	2024 Estimates
Earnings Per Share $	-0.42	-2.04
	60.00%	385.71%
P/E		negative

1 Analysts have issued a Edesa Biotech Inc forecast for earnings per share. The average Edesa Biotech Inc <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

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. This is

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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is

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, the lowest is

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This results in the following potential growth metrics and future valuations:

2023	$-0.42	60.00%
2024	$-2.04 385.71% Unlock
2025	$-1.50 26.47% Unlock
2026	$-1.42 5.33% Unlock

Current	-1.25	80.41%
2024	-1.05 16.00% Unlock
2025	-1.43 36.19% Unlock
2026	-1.51 5.59% Unlock

Edesa Biotech Inc...

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