NEW AMBRX BIOPHARMA INC (AMAM) Forecast, Price Target & Analyst Ratings

NASDAQ:AMAMUS6418711080

Current stock price

28 USD
+0.02 (+0.07%)
At close:
28 USD
0 (0%)
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 NEW AMBRX BIOPHARMA INC (AMAM).

Forecast Snapshot

Consensus Price Target

Price Target
$29.07
+ 3.82% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
Mar 26, 2024
Period
Q4 / 2023
EPS Estimate
-$0.20
Revenue Estimate
835.258K

ChartMill Buy Consensus

Rating
75.71%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$29.07
Upside
+ 3.82%
From current price of $28.00 to mean target of $29.07, Based on 14 analyst forecasts
Low
$28.28
Median
$28.56
High
$31.50

Price Target Revisions

1 Month
0.00%
3 Months
24.69%

Price Target Summary

14 Wall Street analysts provided a forecast for the next 12 months for AMAM. The average price target is 29.07 USD. This implies a price increase of 3.82% is expected in the next year compared to the current price of 28.
The average price target has been revised upward by 24.69% in the past 3 months.

Analyst Ratings & History

Current Analyst Ratings

AMAM Current Analyst RatingAMAM Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4 5

Analyst Ratings History

AMAM Historical Analyst RatingsAMAM 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 5 10

Analyst Ratings Consensus

ChartMill Buy Consensus
75.71%
AMAM was analyzed by 14 analysts. The buy percentage consensus is at 76. So analysts seem to be have mildly positive about AMAM.
In the previous month the buy percentage consensus was at a similar level.
AMAM was analyzed by 14 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2024-01-16BairdDowngrade Outperform -> Neutral
2024-01-10JMP SecuritiesDowngrade Market Outperform -> Market Perform
2024-01-09B. Riley SecuritiesDowngrade Buy -> Neutral
2023-11-29JMP SecuritiesReiterate Market Outperform -> Market Outperform
2023-11-20JMP SecuritiesReiterate Market Outperform -> Market Outperform
2023-11-15Goldman SachsMaintains Neutral -> Neutral
2023-11-14RBC CapitalMaintains Outperform -> Outperform
2023-10-23Cantor FitzgeraldReiterate Overweight -> Overweight
2023-10-23RBC CapitalMaintains Outperform -> Outperform
2023-09-25JMP SecuritiesInitiate Market Outperform
2023-09-18Cantor FitzgeraldReiterate Overweight -> Overweight
2023-09-13Goldman SachsMaintains Neutral -> Neutral
2023-09-12BTIGInitiate Buy
2023-08-16Cantor FitzgeraldReiterate Overweight -> Overweight
2023-07-31RBC CapitalInitiate Outperform
2023-06-14B. Riley SecuritiesInitiate Buy
2023-06-02OppenheimerInitiate Outperform
2023-05-19Cantor FitzgeraldInitiate Overweight
2023-04-05BairdMaintains Outperform
2023-02-28Goldman SachsMaintains Neutral
2023-02-27Goldman SachsMaintains Neutral
2022-05-24Goldman SachsMaintains Neutral
2022-04-07BairdInitiate Outperform
2022-02-28Goldman SachsInitiate Neutral
2021-07-13Cowen & Co.Initiate Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Mar 26, 2024
Period
Q4 / 2023
EPS Estimate
-$0.20
Revenue Estimate
835.258K
Revenue Q2Q
-81.40%
EPS Q2Q
-95.00%
Number of Analysts
9

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
72.15%
EPS (1 Month)
0.00%
EPS (3 Months)
51.11%

Next Earnings Summary

AMAM is expected to report earnings on 3/26/2024. The consensus EPS estimate for the next earnings is -0.2 USD and the consensus revenue estimate is 835.26K USD.
The next earnings revenue estimate has been revised upward by 72.15% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.

Full Analyst Estimates

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

2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
AMAM revenue by date.AMAM revenue by date.
13.67M
32.59%
7.46M
-45.43%
7.4M
-0.80%
2.497M
-66.26%
1.742M
-30.24%
5.135M
194.78%
4.188M
-18.44%
29.663M
608.29%
169.53M
471.52%
334.87M
97.53%
583.3M
74.19%
EBITDA
YoY % growth
AMAM ebitda by date.AMAM ebitda by date.
-11.18M
45.25%
-62.27M
-456.98%
-64.94M
-4.29%
-70.731M
-8.92%
-102.754M
-45.27%
-75.893M
26.14%
N/AN/AN/AN/AN/A
EBIT
YoY % growth
AMAM ebit by date.AMAM ebit by date.
-13.12M
41.61%
-64.42M
-391.01%
-66.74M
-3.60%
-80.348M
-20.39%
-107.309M
-33.55%
-114.651M
-6.84%
-166.988M
-45.65%
-168.817M
-1.10%
-71.412M
57.70%
45.269M
163.39%
231.73M
411.90%
Operating Margin
AMAM operating margin by date.AMAM operating margin by date.
-95.98%-863.54%-901.89%-3,217.79%-6,160.09%-2,232.74%-3,987.31%-569.12%-42.12%13.52%39.73%
EPS
YoY % growth
AMAM eps by date.AMAM eps by date.
N/AN/AN/A
36.03%
-0.77
-159.66%
-1.64
-113.40%
-0.78
52.35%
-0.97
-24.51%
-0.91
6.29%
0.23
125.75%
1.17
397.09%
2.05
75.52%

All data in USD

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

Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24
EPS
Q2Q % growth
-0.20
-95.00%
-0.19-0.19
45.43%
-0.21
42.87%
-0.22
-9.10%
Revenue
Q2Q % growth
835.258K
-81.40%
586.5K
2,832.50%
586.5K
-47.63%
714K
1,328.00%
714K
-14.52%
EBITDA
Q2Q % growth
N/AN/AN/AN/AN/A
EBIT
Q2Q % growth
-22.757M
17.22%
-21.933M
-36.82%
-22.412M
-16.91%
-24.422M
4.72%
-25.055M
-10.10%

All data in USD

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

AMAM Yearly Revenue VS EstimatesAMAM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 100M 200M 300M 400M 500M
AMAM Yearly EPS VS EstimatesAMAM Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 1 -1 2

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
-38.21%
EPS Next 5 Year
-25.23%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
-4.12%
Revenue Next 5 Year
38.47%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
0.20%
EBIT Next 5 Year
N/A

NEW AMBRX BIOPHARMA INC / AMAM Forecast FAQ

What is the average price target for NEW AMBRX BIOPHARMA INC (AMAM) stock?

14 analysts have analysed AMAM and the average price target is 29.07 USD. This implies a price increase of 3.82% is expected in the next year compared to the current price of 28.

Can you provide the upcoming earnings date for NEW AMBRX BIOPHARMA INC?

NEW AMBRX BIOPHARMA INC (AMAM) will report earnings on 2024-03-26.

Can you provide the consensus estimates for NEW AMBRX BIOPHARMA INC next earnings?

The consensus EPS estimate for the next earnings of NEW AMBRX BIOPHARMA INC (AMAM) is -0.2 USD and the consensus revenue estimate is 835.26K USD.

What is the consensus rating for NEW AMBRX BIOPHARMA INC (AMAM) stock?

The consensus rating for NEW AMBRX BIOPHARMA INC (AMAM) is 75.7143 / 100 . This indicates that analysts generally have a positive outlook on the stock.