$0.51
0.02% today
Nasdaq, Nov 26, 05:06 pm CET
ISIN
US85209E1091
Symbol
SPRB
Sector
Industry

Spruce Biosciences Inc Target price 2024 - Analyst rating & recommendation

Spruce Biosciences Inc Classifications & Recommendation:

Buy
25%
Hold
75%

Spruce Biosciences Inc Price Target

Target Price $2.33
Price $0.51
Potential
Number of Estimates 3
3 Analysts have issued a price target Spruce Biosciences Inc 2025 . The average Spruce Biosciences Inc target price is $2.33. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 4 analysts: 1 Analysts recommend Spruce Biosciences Inc to buy, 3 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 Spruce Biosciences Inc stock has an average upside potential 2025 of . Most analysts recommend the Spruce Biosciences Inc stock at Hold.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 10.09 5.80
42.54%
Net Margin -507.55% -683.91%
34.75%

4 Analysts have issued a sales forecast Spruce Biosciences Inc 2024 . The average Spruce Biosciences Inc sales estimate is

$5.8m
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. This is
18.35% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$7.1m 0.15%
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, the lowest is
$4.2m 40.85%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $10.1m
2024
$5.8m 42.54%
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2025
$425k 92.67%
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2026
$11.5m 2,605.88%
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2027
$16.5m 43.48%
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2028
$34.0m 106.06%
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1 Analyst has issued a net profit forecast Spruce Biosciences Inc 2024 . The average Spruce Biosciences Inc net profit estimate is

$-39.7m
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. This is
0.01% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-39.7m 0.01%
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, the lowest is
$-39.7m 0.01%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-51.2m 36.73%
2024
$-39.7m 22.58%
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2025
$-35.5m 10.42%
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2026
$-23.1m 34.88%
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Net Margin

2023 -507.55%
2024
-683.91% 34.75%
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2025
-8,357.18% 1,121.97%
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2026
-201.11% 97.59%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -1.24 -0.96
36.73% 22.58%
P/E negative
EV/Sales negative

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

$-0.96
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. This is
0.00% lower
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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
$-0.96 0.00%
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, the lowest is
$-0.96 0.00%
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.

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

Earnings Per Share

2023 $-1.24 36.73%
2024
$-0.96 22.58%
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2025
$-0.86 10.42%
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2026
$-0.56 34.88%
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P/E ratio

Current -0.53 44.21%
2024
-0.53 0.00%
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2025
-0.60 13.21%
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2026
-0.91 51.67%
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Based on analysts' sales estimates for 2024, the Spruce Biosciences Inc stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

-6.15
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and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

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

EV/Sales

Current -5.02 19.94%
2024
-6.15 22.57%
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2025
-83.93 1,264.06%
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2026
-3.10 96.30%
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2027
-2.16 30.30%
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2028
-1.05 51.47%
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P/S ratio

Current 2.98 62.88%
2024
3.65 22.47%
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2025
49.79 1,264.06%
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2026
1.84 96.30%
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2027
1.28 30.30%
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2028
0.62 51.47%
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