SPECTRUM PHARMACEUTICALS INC (SPPI) Forecast, Price Target & Analyst Ratings

NASDAQ:SPPI • US84763A1088

Current stock price

1.03 USD
0 (0%)
At close:
1.04 USD
+0.01 (+0.97%)
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 SPECTRUM PHARMACEUTICALS INC (SPPI).

Forecast Snapshot

Consensus Price Target

Price Target
$1.29
+ 24.78% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Nov 8, 2023
Period
Q2 / 2023
EPS Estimate
-$0.03
Revenue Estimate
16.853M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
50.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$1.29
Upside
+ 24.78%
From current price of $1.03 to mean target of $1.29, Based on 10 analyst forecasts
Low
$1.15
Median
$1.16
High
$1.58

Price Target Revisions

1 Month
0.00%
3 Months
-34.60%

Price Target Summary

10 Wall Street analysts provided a forecast for the next 12 months for SPPI. The average price target is 1.29 USD. This implies a price increase of 24.78% is expected in the next year compared to the current price of 1.03.
The average price target has been revised downward by 34.6% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

SPPI Current Analyst RatingSPPI Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

SPPI Historical Analyst RatingsSPPI 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 10

Analyst Ratings Consensus

ChartMill Buy Consensus
50.00%
SPPI was analyzed by 10 analysts. The buy percentage consensus is at 50. So analysts seem to be rather neutral about SPPI.
In the previous month the buy percentage consensus was at a similar level.
SPPI was analyzed by 10 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-05-26HC Wainwright & Co.Reiterate Neutral -> Neutral
2023-05-15JefferiesDowngrade Buy -> Hold
2023-04-26JMP SecuritiesDowngrade Market Outperform -> Market Perform
2023-04-26HC Wainwright & Co.Downgrade Buy -> Neutral
2023-02-06JMP SecuritiesReiterate Market Outperform
2023-02-03Cantor FitzgeraldMaintains Neutral
2023-02-01JMP SecuritiesReiterate Market Outperform
2023-01-31HC Wainwright & Co.Reiterate Buy
2022-11-28HC Wainwright & Co.Maintains Buy
2022-11-16B. Riley SecuritiesDowngrade Buy -> Neutral
2022-09-23HC Wainwright & Co.Maintains Buy
2022-09-20HC Wainwright & Co.Maintains Buy
2022-09-12HC Wainwright & Co.Maintains Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Nov 8, 2023
Period
Q2 / 2023
EPS Estimate
-$0.03
Revenue Estimate
16.853M
Revenue Q2Q
N/A
EPS Q2Q
80.00%
Number of Analysts
7

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
40.01%
EPS (1 Month)
0.00%
EPS (3 Months)
44.45%

Next Earnings Summary

SPPI is expected to report earnings on 11/8/2023. The consensus EPS estimate for the next earnings is -0.03 USD and the consensus revenue estimate is 16.85M USD.
The next earnings revenue estimate has been revised upward by 40.01% 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.
→ Find peers expecting at least 20% revenue growth next quarter

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
SPPI revenue by date.SPPI revenue by date.
10.114M74.844M
640.00%		128.52M
71.72%		197.79M
53.90%		190.61M
-3.63%		282.06M
47.98%		419.32M
48.66%		504.95M
20.42%		551.31M
9.18%
EBITDA
YoY % growth
SPPI ebitda by date.SPPI ebitda by date.
-149.74M
-5.42%		-142.517M
4.82%		-72.449M
49.16%		N/AN/AN/AN/AN/AN/AN/AN/A
EBIT
YoY % growth
SPPI ebit by date.SPPI ebit by date.
-150M
-5.34%		-142.803M
4.80%		-72.697M
49.09%		-38.283M
47.34%		7.572M
119.78%		52.56M
594.14%		41.921M
-20.24%		79.908M
90.62%		114.72M
43.57%		139.67M
21.75%		139.09M
-0.42%
Operating Margin
SPPI operating margin by date.SPPI operating margin by date.
N/AN/A-718.78%-51.15%5.89%26.57%21.99%28.33%27.36%27.66%25.23%
EPS
YoY % growth
SPPI eps by date.SPPI eps by date.
-1.30
-20.37%		-1.04
20.00%		-0.42
59.62%		-0.05
88.67%		0.13
371.42%		0.31
139.46%		N/AN/AN/AN/AN/A

All data in USD

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

Q2 / 23 Q3 / 23 Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24
EPS
Q2Q % growth		-0.03
80.00%		-0.01
91.50%		0.00
106.79%		0.01
151.00%		0.01
130.00%		0.02
300.00%		0.03
800.90%
Revenue
Q2Q % growth		16.853M19.776M22.293M
120.42%		23.881M
52.94%		26.269M
55.87%		28.897M
46.12%		31.786M
42.58%
EBITDA
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth		-6.106M
75.95%		-3.427M
84.14%		-1.415M
87.85%		1.76M
136.14%		3.907M
163.98%		6.268M
282.93%		8.867M
726.76%

All data in USD

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

SPPI Yearly Revenue VS EstimatesSPPI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2022 2023 2024 2025 2026 2027 2028 2029 2030 100M 200M 300M 400M 500M
SPPI Yearly EPS VS EstimatesSPPI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -0.5 -1

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
39.88%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
179.10%
Revenue Next 5 Year
98.74%

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

SPECTRUM PHARMACEUTICALS INC / SPPI Forecast FAQ

What is the average price target for SPECTRUM PHARMACEUTICALS INC (SPPI) stock?

10 analysts have analysed SPPI and the average price target is 1.29 USD. This implies a price increase of 24.78% is expected in the next year compared to the current price of 1.03.

What is the next earnings date for SPPI stock?

SPECTRUM PHARMACEUTICALS INC (SPPI) will report earnings on 2023-11-08, before the market open.

What are the consensus estimates for SPPI stock next earnings?

The consensus EPS estimate for the next earnings of SPECTRUM PHARMACEUTICALS INC (SPPI) is -0.03 USD and the consensus revenue estimate is 16.85M USD.

How many analysts have analysed SPECTRUM PHARMACEUTICALS INC (SPPI)?

The number of analysts covering SPECTRUM PHARMACEUTICALS INC (SPPI) is 10.