CEREVEL THERAPEUTICS HOLDING (CERE) Forecast, Price Target & Analyst Ratings

NASDAQ:CEREUS15678U1280

Current stock price

44.96 USD
+0.33 (+0.74%)
At close:
44.97 USD
+0.01 (+0.02%)
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 CEREVEL THERAPEUTICS HOLDING (CERE).

Forecast Snapshot

Consensus Price Target

Price Target
$44.27
-1.54% Downside

Next Earnings Forecast

Earnings Estimate
Release Date
Oct 30, 2024
Period
Q2 / 2024
EPS Estimate
-$0.72
Revenue Estimate

ChartMill Buy Consensus

Rating
52.86%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$44.27
Upside
-1.54%
From current price of $44.96 to mean target of $44.27, Based on 14 analyst forecasts
Low
$31.31
Median
$45.90
High
$47.25

Price Target Revisions

1 Month
0.00%
3 Months
0.00%

Price Target Summary

14 Wall Street analysts provided a forecast for the next 12 months for CERE. The average price target is 44.27 USD. This implies a price decrease of -1.54% is expected in the next year compared to the current price of 44.96.

Analyst Ratings & History

Current Analyst Ratings

CERE Current Analyst RatingCERE Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

CERE Historical Analyst RatingsCERE 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 15

Analyst Ratings Consensus

ChartMill Buy Consensus
52.86%
CERE was analyzed by 14 analysts. The buy percentage consensus is at 53. So analysts seem to be rather neutral about CERE.
In the previous month the buy percentage consensus was at a similar level.
CERE 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
2024-02-16MizuhoMaintains Neutral -> Neutral
2023-12-28JP MorganMaintains Neutral -> Neutral
2023-12-22JefferiesDowngrade Buy -> Hold
2023-12-08TD CowenDowngrade Outperform -> Market Perform
2023-12-07Cantor FitzgeraldDowngrade Overweight -> Neutral
2023-12-07Piper SandlerDowngrade Overweight -> Neutral
2023-12-07HC Wainwright & Co.Downgrade Buy -> Neutral
2023-11-20JP MorganReiterate Neutral
2023-11-02Morgan StanleyMaintains Overweight -> Overweight
2023-09-28Piper SandlerInitiate Overweight
2023-08-07MizuhoMaintains Neutral -> Neutral
2023-08-03B of A SecuritiesDowngrade Buy -> Neutral
2023-08-03Morgan StanleyMaintains Overweight -> Overweight
2023-08-03HC Wainwright & Co.Maintains Buy -> Buy
2023-05-23Goldman SachsMaintains Neutral -> Neutral
2023-05-08MizuhoMaintains Neutral
2023-05-04Wells FargoUpgrade Equal-Weight -> Overweight
2023-04-10TD CowenInitiate Outperform
2023-04-03HC Wainwright & Co.Reiterate Buy
2023-03-17JP MorganDowngrade Overweight -> Neutral
2023-03-16BerenbergReiterate Hold
2023-03-09MizuhoMaintains Neutral
2023-02-23Wells FargoDowngrade Overweight -> Equal-Weight
2023-02-23Morgan StanleyMaintains Overweight
2023-02-23HC Wainwright & Co.Maintains Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Oct 30, 2024
Period
Q2 / 2024
EPS Estimate
-$0.72
Revenue Estimate
Revenue Q2Q
N/A
EPS Q2Q
-14.95%
Number of Analysts
9

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
0.00%
EPS (3 Months)
-2.99%

Next Earnings Summary

CERE is expected to report earnings on 10/30/2024. The consensus EPS estimate for the next earnings is -0.72 USD and the consensus revenue estimate is 0 USD.

Full Analyst Estimates 2024 - 2031

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 2031
Revenue
YoY % growth
CERE revenue by date.CERE revenue by date.
N/AN/AN/AN/A
593.29%
N/A
162.99%
N/A
80.54%
N/A
71.26%
N/A
39.33%
EBITDA
YoY % growth
CERE ebitda by date.CERE ebitda by date.
N/A-148.72M-217.4M
-46.18%
-362.95M
-66.95%
-441.638M
-21.68%
N/A
-6.45%
N/A
-9.79%
N/A
-7.55%
N/A
30.69%
N/A
107.10%
N/A
1,081.34%
N/A
70.72%
N/A
EBIT
YoY % growth
CERE ebit by date.CERE ebit by date.
-149.12M-220.1M
-47.60%
-367.85M
-67.13%
-447.265M
-21.59%
N/A
-15.30%
N/A
-6.79%
N/A
-19.18%
N/A
44.04%
N/A
101.38%
N/A
9,190.53%
N/A
183.88%
N/A
53.40%
Operating Margin
CERE operating margin by date.CERE operating margin by date.
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
EPS
YoY % growth
CERE eps by date.CERE eps by date.
N/AN/A-1.65
68.75%
-2.33
-41.21%
-2.67
-14.59%
N/A
3.92%
N/A
-11.33%
N/A
-6.43%
N/A
28.02%
N/A
78.21%
N/A
483.96%
N/A
207.34%
N/A
54.08%

All data in USD

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

Q2 / 24 Q3 / 24 Q4 / 24 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25
EPS
Q2Q % growth
-0.72
-14.95%
-0.59
3.85%
-0.67
11.42%
-0.73
-0.60%
-0.74
-2.82%
-0.78
-32.17%
-0.80
-18.18%
Revenue
Q2Q % growth
EBITDA
Q2Q % growth
N/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth
-147.9M
-52.73%
-137.598M
-23.62%
-138.414M
0.82%
-127.5M
10.62%
-130.56M
11.72%
-136.68M
0.67%
-139.74M
-0.96%

All data in USD

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

CERE Yearly Revenue VS EstimatesCERE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2026 2027 2028 2029 2030 2031 1B 2B 3B
CERE Yearly EPS VS EstimatesCERE Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 0 2 -2 4 -4 6 8

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
-4.42%
EPS Next 5 Year
12.74%

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
-8.84%
EBIT Next 5 Year
15.59%

CEREVEL THERAPEUTICS HOLDING / CERE Forecast FAQ

What do analysts expect the price target to be for CEREVEL THERAPEUTICS HOLDING (CERE)?

14 analysts have analysed CERE and the average price target is 44.27 USD. This implies a price decrease of -1.54% is expected in the next year compared to the current price of 44.96.

Can you provide the upcoming earnings date for CEREVEL THERAPEUTICS HOLDING?

CEREVEL THERAPEUTICS HOLDING (CERE) will report earnings on 2024-10-30, before the market open.

What are the consensus estimates for CERE stock next earnings?

The consensus EPS estimate for the next earnings of CEREVEL THERAPEUTICS HOLDING (CERE) is -0.72 USD and the consensus revenue estimate is 0 USD.

How do analysts rate CEREVEL THERAPEUTICS HOLDING (CERE)?

The consensus rating for CEREVEL THERAPEUTICS HOLDING (CERE) is 52.8571 / 100 . This indicates that analysts generally have a neutral outlook on the stock.