ACER THERAPEUTICS INC (ACER) Forecast, Price Target & Analyst Ratings

NASDAQ:ACER • US00444P1084

Current stock price

0.9 USD
+0.03 (+3.41%)
At close:
0.8005 USD
-0.1 (-11.06%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for ACER THERAPEUTICS INC (ACER).

Forecast Snapshot

Consensus Price Target

Price Target
$1.53
+ 70.00% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Mar 25, 2024
Period
Q3 / 2023
EPS Estimate
-$0.13
Revenue Estimate
2.601M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
80.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$1.53
Upside
+ 70.00%
From current price of $0.90 to mean target of $1.53, Based on 8 analyst forecasts
Low
$1.52
Median
$1.53
High
$1.58

Price Target Revisions

1 Month
0.00%
3 Months
-86.36%

Price Target Summary

8 Wall Street analysts provided a forecast for the next 12 months for ACER. The average price target is 1.53 USD. This implies a price increase of 70% is expected in the next year compared to the current price of 0.9.
The average price target has been revised downward by 86.36% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

ACER Current Analyst RatingACER Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

ACER Historical Analyst RatingsACER Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8

Analyst Ratings Consensus

ChartMill Buy Consensus
80.00%
ACER was analyzed by 8 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about ACER.
In the previous month the buy percentage consensus was at a similar level.
ACER was analyzed by 8 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-09-05HC Wainwright & Co.Downgrade Buy -> Neutral
2023-09-01Roth MKMDowngrade Buy -> Neutral
2023-09-01Roth CapitalDowngrade Buy -> Neutral
2023-03-28HC Wainwright & Co.Reiterate Buy
2023-03-20EF HuttonReiterate Buy
2022-02-02EF HuttonInitiate Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Mar 25, 2024
Period
Q3 / 2023
EPS Estimate
-$0.13
Revenue Estimate
2.601M
Revenue Q2Q
N/A
EPS Q2Q
58.87%
Number of Analysts
4

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
0.00%
EPS (3 Months)
0.00%

Next Earnings Summary

ACER is expected to report earnings on 3/25/2024. The consensus EPS estimate for the next earnings is -0.13 USD and the consensus revenue estimate is 2.60M USD.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2023 - 2030

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
ACER revenue by date.ACER revenue by date.
1.26M
-100.00%		8.844M49.402M
458.59%		112.14M
126.99%		150.89M
34.56%		173.65M
15.08%		188.61M
8.62%		200.55M
6.33%		210.34M
4.88%
EBITDA
YoY % growth
ACER ebitda by date.ACER ebitda by date.
-29.84M
-37.64%		-22.73M
23.83%		-15.877M
30.15%		N/A
-54.61%		N/AN/AN/AN/AN/AN/AN/AN/A
EBIT
YoY % growth
ACER ebit by date.ACER ebit by date.
-29.9M
-37.72%		-22.8M
23.75%		-15.948M
30.05%		-25.968M
-54.34%		-15.091M
38.69%		16.361M
208.41%		70.62M
331.64%		104.75M
48.33%		124.16M
18.53%		136.5M
9.94%		146.06M
7.00%		153.64M
5.19%
Operating Margin
ACER operating margin by date.ACER operating margin by date.
N/AN/A-1,265.75%N/A-170.64%33.12%62.97%69.42%71.50%72.37%72.83%73.04%
EPS
YoY % growth
ACER eps by date.ACER eps by date.
-2.91
-18.78%		-2.06
29.21%		-0.88
57.28%		-1.51
-88.64%		-0.74
55.45%		0.12
116.55%		0.77
525.00%		N/AN/AN/AN/AN/A

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q3 / 23 Q4 / 23
EPS
Q2Q % growth		-0.13
58.87%		-0.08
85.83%
Revenue
Q2Q % growth		2.601M6.243M
EBITDA
Q2Q % growth		N/AN/A
EBIT
Q2Q % growth		-3.41M
34.91%		-2.204M
58.12%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

ACER Yearly Revenue VS EstimatesACER Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2021 2023 2024 2025 2026 2027 2028 2029 2030 50M 100M 150M 200M
ACER Yearly EPS VS EstimatesACER Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -5 -10 -15 -20

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
35.01%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

ACER THERAPEUTICS INC / ACER Forecast FAQ

What do analysts expect the price target to be for ACER THERAPEUTICS INC (ACER)?

8 analysts have analysed ACER and the average price target is 1.53 USD. This implies a price increase of 70% is expected in the next year compared to the current price of 0.9.

When does ACER THERAPEUTICS INC (ACER) report earnings?

ACER THERAPEUTICS INC (ACER) will report earnings on 2024-03-25, after the market close.

What are the consensus estimates for ACER THERAPEUTICS INC (ACER) next earnings?

The consensus EPS estimate for the next earnings of ACER THERAPEUTICS INC (ACER) is -0.13 USD and the consensus revenue estimate is 2.60M USD.

What is the number of analysts for ACER stock?

The number of analysts covering ACER THERAPEUTICS INC (ACER) is 8.