SQZ BIOTECHNOLOGIES CO (SQZ) Forecast, Price Target & Analyst Ratings

NYSE:SQZUS78472W1045

Current stock price

0.435 USD
+0.16 (+61.11%)
At close:
0.4384 USD
+0 (+0.78%)
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 SQZ BIOTECHNOLOGIES CO (SQZ).

Forecast Snapshot

Consensus Price Target

Price Target
$19.38
+ 4,355.17% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
Aug 2, 2023
Period
Q2 / 2023
EPS Estimate
-$0.61
Revenue Estimate
2.273M

ChartMill Buy Consensus

Rating
76.67%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$19.38
Upside
+ 4,355.17%
From current price of $0.44 to mean target of $19.38, Based on 6 analyst forecasts
Low
$4.04
Median
$19.38
High
$35.70

Price Target Revisions

1 Month
0.00%
3 Months
35.71%

Price Target Summary

6 Wall Street analysts provided a forecast for the next 12 months for SQZ. The average price target is 19.38 USD. This implies a price increase of 4355.17% is expected in the next year compared to the current price of 0.435.
The average price target has been revised upward by 35.71% in the past 3 months.

Analyst Ratings & History

Current Analyst Ratings

SQZ Current Analyst RatingSQZ Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0.5 1 1.5 2 2.5

Analyst Ratings History

SQZ Historical Analyst RatingsSQZ 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

Analyst Ratings Consensus

ChartMill Buy Consensus
76.67%
SQZ was analyzed by 6 analysts. The buy percentage consensus is at 77. So analysts seem to be have mildly positive about SQZ.
In the previous month the buy percentage consensus was at a similar level.
SQZ was analyzed by 6 analysts. More opinions would make the average more meaningful.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-12-02HC Wainwright & Co.Downgrade Buy -> Neutral
2022-12-01Chardan CapitalMaintains Buy
2022-12-01B of A SecuritiesDowngrade Buy -> Underperform
2022-11-10Chardan CapitalMaintains Buy
2022-10-20HC Wainwright & Co.Initiate Buy
2022-10-06BTIGMaintains Buy
2022-05-25Chardan CapitalInitiate Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Aug 2, 2023
Period
Q2 / 2023
EPS Estimate
-$0.61
Revenue Estimate
2.273M
Revenue Q2Q
-29.30%
EPS Q2Q
22.31%
Number of Analysts
3

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-46.84%
EPS (1 Month)
0.00%
EPS (3 Months)
-22.45%

Next Earnings Summary

SQZ is expected to report earnings on 8/2/2023. The consensus EPS estimate for the next earnings is -0.61 USD and the consensus revenue estimate is 2.27M USD.
The next earnings revenue estimate has been revised downward by 46.84% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.

Full Analyst Estimates 2023 - 2030

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
SQZ revenue by date.SQZ revenue by date.
21M
4.43%
27.098M
29.04%
21.478M
-20.74%
24.476M
13.96%
81.407M
232.60%
133.22M
63.65%
618.98M
364.63%
1.595B
157.68%
2.995B
87.77%
111.91M
-96.26%
159.48M
42.51%
EBITDA
YoY % growth
SQZ ebitda by date.SQZ ebitda by date.
-49.72M
-51.17%
-67.561M
-35.88%
-74.321M
-10.01%
116.76M
257.10%
129.99M
11.33%
146.75M
12.89%
N/AN/AN/AN/AN/A
EBIT
YoY % growth
SQZ ebit by date.SQZ ebit by date.
-51.06M
-48.99%
-68.769M
-34.68%
-75.825M
-10.26%
-74.69M
1.50%
-40.047M
46.38%
-41.006M
-2.40%
223.46M
644.94%
629.74M
181.81%
1.536B
143.91%
-17.978M
-101.17%
18.887M
205.06%
Operating Margin
SQZ operating margin by date.SQZ operating margin by date.
-243.14%-253.78%-353.04%-305.15%-49.19%-30.78%36.10%39.48%51.29%-16.06%11.84%
EPS
YoY % growth
SQZ eps by date.SQZ eps by date.
N/A-2.50
49.38%
-2.60
-4.00%
-2.09
19.72%
-0.66
68.55%
-0.63
3.85%
8.74
1,484.80%
22.71
159.85%
53.74
136.59%
-0.06
-100.11%
0.07
216.67%

All data in USD

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

Q2 / 23 Q3 / 23 Q4 / 23
EPS
Q2Q % growth
-0.61
22.31%
-0.76
1.62%
-0.74
-147.45%
Revenue
Q2Q % growth
2.273M
-29.30%
2.98M
-13.67%
14.342M
20.09%
EBITDA
Q2Q % growth
N/AN/AN/A
EBIT
Q2Q % growth
-18.18M
19.21%
-22.675M
1.83%
-21.968M
-139.56%

All data in USD

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

SQZ Yearly Revenue VS EstimatesSQZ Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 500M 1B 1.5B 2B 2.5B
SQZ Yearly EPS VS EstimatesSQZ Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 10 20 30 40 50

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
20.67%
EPS Next 5 Year
60.76%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
108.16%
Revenue Next 5 Year
155.08%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
53.65%
EBIT Next 5 Year
N/A

SQZ BIOTECHNOLOGIES CO / SQZ Forecast FAQ

Can you provide the average price target for SQZ BIOTECHNOLOGIES CO stock?

6 analysts have analysed SQZ and the average price target is 19.38 USD. This implies a price increase of 4355.17% is expected in the next year compared to the current price of 0.435.

Can you provide the upcoming earnings date for SQZ BIOTECHNOLOGIES CO?

SQZ BIOTECHNOLOGIES CO (SQZ) will report earnings on 2023-08-02, after the market close.

What are the consensus estimates for SQZ BIOTECHNOLOGIES CO (SQZ) next earnings?

The consensus EPS estimate for the next earnings of SQZ BIOTECHNOLOGIES CO (SQZ) is -0.61 USD and the consensus revenue estimate is 2.27M USD.

How many analysts have analysed SQZ BIOTECHNOLOGIES CO (SQZ)?

The number of analysts covering SQZ BIOTECHNOLOGIES CO (SQZ) is 6.