What is the price target for EQRX stock?
7 analysts have analysed EQRX and the average price target is 2.14 USD. This implies a price decrease of -8.46% is expected in the next year compared to the current price of 2.34.
EQRX INC (EQRX) Forecast, Price Target & Analyst Ratings
NASDAQ:EQRX • US26886C1071
Current stock price
2.34 USD
-0.05 (-2.09%)
At close:
2.39 USD
+0.05 (+2.14%)
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 EQRX INC (EQRX).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- N/A
- Period
- Q3 / 2023
- EPS Estimate
- -$0.16
- Revenue Estimate
Price Target Details & History
Consensus Price Target and Range
Mean target
$2.14
Upside
-8.46%
From current price of $2.34 to mean target of $2.14, Based on 7 analyst forecasts
Low
$2.12
Median
$2.14
High
$2.21
Price Target Revisions
1 Month
0.00%
3 Months
-17.65%
Price Target Summary
7 Wall Street analysts provided a forecast for the next 12 months for EQRX. The average price target is 2.14 USD. This implies a price decrease of -8.46% is expected in the next year compared to the current price of 2.34.
The average price target has been revised downward by 17.65% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
42.86%
EQRX was analyzed by 7 analysts. The buy percentage consensus is at 43. So analysts seem to be rather negative about EQRX.
In the previous month the buy percentage consensus was at a similar level.
EQRX was analyzed by 7 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-05-10 | Goldman Sachs | Maintains | Neutral |
| 2022-11-14 | JP Morgan | Downgrade | Neutral -> Underweight |
| 2022-11-11 | Goldman Sachs | Downgrade | Buy -> Neutral |
| 2022-11-11 | Jefferies | Downgrade | Buy -> Hold |
| 2022-08-16 | JP Morgan | Initiate | Neutral |
| 2022-06-13 | Goldman Sachs | Initiate | Buy |
| 2022-04-22 | Cowen & Co. | Initiate | Outperform |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- N/A
- Period
- Q3 / 2023
- EPS Estimate
- -$0.16
- Revenue Estimate
- Revenue Q2Q
- N/A
- EPS Q2Q
- 9.33%
- Number of Analysts
- 3
Next Earnings Revisions
Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
0.00%
EPS (3 Months)
-15.11%
Next Earnings Summary
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 | N/A | N/A | N/A 99.92% | N/A 4,119.63% | N/A 139.09% | N/A 85.55% | N/A 56.45% | N/A 38.55% | |||||
| EBITDA YoY % growth | -4.626M | -249.742M -5,298.66% | -195.192M 21.84% | -354.942M -81.84% | N/A -14.07% | N/A 14.21% | N/A 4.53% | N/A -31.95% | N/A 17.25% | N/A 18.03% | N/A 69.42% | N/A 351.69% | |
| EBIT YoY % growth | -4.626M | -250.08M -5,305.97% | -196.375M 21.48% | -355.877M -81.22% | N/A -14.04% | N/A 14.36% | N/A 4.54% | N/A -9.30% | N/A 18.85% | N/A 39.34% | N/A 107.71% | N/A 1,314.81% | |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
| EPS YoY % growth | N/A | N/A | N/A | -0.36 | N/A -92.67% | N/A 1.47% | N/A 10.45% | N/A -12.50% | N/A 19.26% | N/A 79.82% | N/A 309.09% | N/A 34.78% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q3 / 23 | Q4 / 23 | Q1 / 24 | Q2 / 24 | Q3 / 24 | Q4 / 24 | |
|---|---|---|---|---|---|---|
| EPS Q2Q % growth | -0.16 9.33% | -0.20 -308.00% | -0.14 16.00% | -0.16 -8.80% | -0.19 -18.75% | -0.21 -5.00% |
| Revenue Q2Q % growth | 1.02M | 2.04M | 3.06M | 4.08M | ||
| EBITDA Q2Q % growth | N/A | N/A | N/A | N/A | N/A | N/A |
| EBIT Q2Q % growth | -93.713M -3.70% | -114.612M -13.78% | -99.96M -1.78% | -104.04M -59.94% | -102M -8.84% | -110.16M 3.88% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
-19.35%
EPS Next 5 Year
-9.08%
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
2.85%
EBIT Next 5 Year
0.08%
EQRX INC / EQRX Forecast FAQ
Can you provide the consensus estimates for EQRX INC next earnings?
The consensus EPS estimate for the next earnings of EQRX INC (EQRX) is -0.16 USD and the consensus revenue estimate is 0 USD.
How many analysts cover EQRX INC (EQRX) stock?
The number of analysts covering EQRX INC (EQRX) is 7.