What is the price target for OTIC stock?
9 analysts have analysed OTIC and the average price target is 9.18 USD. This implies a price increase of 11822.08% is expected in the next year compared to the current price of 0.077.
OTONOMY INC (OTIC) Forecast, Price Target & Analyst Ratings
NASDAQ:OTIC • US68906L1052
Current stock price
0.077 USD
-0.01 (-11.19%)
At close:
0.083 USD
+0.01 (+7.79%)
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 OTONOMY INC (OTIC).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Feb 27, 2023
- Period
- Q4 / 2022
- EPS Estimate
- -$0.16
- Revenue Estimate
Price Target Details & History
Consensus Price Target and Range
Mean target
$9.18
Upside
+ 11,822.08%
From current price of $0.08 to mean target of $9.18, Based on 9 analyst forecasts
Low
$9.09
Median
$9.18
High
$9.45
Price Target Revisions
1 Month
0.00%
3 Months
N/A
Price Target Summary
9 Wall Street analysts provided a forecast for the next 12 months for OTIC. The average price target is 9.18 USD. This implies a price increase of 11822.08% is expected in the next year compared to the current price of 0.077.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
77.78%
OTIC was analyzed by 9 analysts. The buy percentage consensus is at 78. So analysts seem to be have mildly positive about OTIC.
In the previous month the buy percentage consensus was at a similar level.
OTIC was analyzed by 9 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2022-10-13 | Piper Sandler | Downgrade | Overweight -> Neutral |
| 2022-08-02 | HC Wainwright & Co. | Downgrade | Buy -> Neutral |
| 2022-04-21 | Oppenheimer | Maintains | Outperform |
| 2021-02-23 | HC Wainwright & Co. | Maintains | Buy |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Feb 27, 2023
- Period
- Q4 / 2022
- EPS Estimate
- -$0.16
- Revenue Estimate
- Revenue Q2Q
- N/A
- EPS Q2Q
- 18.40%
- 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)
N/A
Next Earnings Summary
OTIC is expected to report earnings on 2/27/2023. The consensus EPS estimate for the next earnings is -0.16 USD and the consensus revenue estimate is 0 USD.
Full Analyst Estimates 2022 - 2026
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 600K -20.00% | 270K -55.00% | 125K -53.70% | -100.00% | |||||
| EBITDA YoY % growth | -43.66M 14.16% | -42.13M 3.50% | -48.769M -15.76% | N/A | N/A | N/A | N/A | N/A | |
| EBIT YoY % growth | -44.81M 13.91% | -43.19M 3.62% | -49.625M -14.90% | -53.019M -6.84% | -52.02M 1.88% | -62.404M -19.96% | -55.65M 10.82% | -50.621M 9.04% | |
| Operating Margin | -7,468.33% | -15,996.30% | -39,700.00% | N/A | N/A | N/A | N/A | N/A | |
| EPS YoY % growth | -1.46 10.98% | -1.17 19.86% | -0.81 30.77% | -0.79 3.04% | -0.63 19.48% | -0.83 -30.65% | -0.76 7.43% | -0.72 5.58% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q4 / 22 | Q1 / 23 | Q2 / 23 | Q3 / 23 | Q4 / 23 | |
|---|---|---|---|---|---|
| EPS Q2Q % growth | -0.16 18.40% | -0.11 43.90% | -0.12 35.58% | -0.13 26.33% | -0.13 18.75% |
| Revenue Q2Q % growth | |||||
| EBITDA Q2Q % growth | N/A | N/A | N/A | N/A | N/A |
| EBIT Q2Q % growth | -10.761M 18.30% | -8.16M 37.97% | -8.849M 30.63% | -9.104M 23.12% | -9.41M 12.56% |
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
-0.66%
EPS Next 5 Year
2.08%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
-25.99%
Revenue Next 5 Year
-14.87%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
OTONOMY INC / OTIC Forecast FAQ
Can you provide the upcoming earnings date for OTONOMY INC?
OTONOMY INC (OTIC) will report earnings on 2023-02-27.
What are the consensus estimates for OTIC stock next earnings?
The consensus EPS estimate for the next earnings of OTONOMY INC (OTIC) is -0.16 USD and the consensus revenue estimate is 0 USD.
What is the expected long term growth rate for OTONOMY INC (OTIC)?
The expected long term growth rate for OTONOMY INC (OTIC) is -25.99%.