Key Highlights:
- Agenus (AGEN, Financial) is set to announce its Q1 earnings on May 12, with analysts predicting an EPS of -$1.98.
- Revenue is expected to decrease by 21.5% year-over-year to $21.98 million.
- Price target forecasts suggest a significant potential upside for AGEN stock.
Anticipated Earnings Reveal for Agenus (AGEN)
Agenus (AGEN) is on the cusp of unveiling its first-quarter earnings on May 12th, prior to the market's opening. Analysts project an earnings per share (EPS) of -$1.98, reflecting a notable 34.9% annual improvement, although revenue is forecasted to dip by 21.5% year-over-year to $21.98 million. Recently, there have been three upward revisions in EPS forecasts, indicating increased optimism in the market.
Analysts' Price Target Projections
The average one-year price target for Agenus Inc (AGEN, Financial), based on insights from three analysts, stands at $6.00. This reflects a high estimate of $8.00 and a low of $3.00, suggesting a remarkable upside potential of 103.74% from the current trading price of $2.95. For more comprehensive forecasting data, visit the Agenus Inc (AGEN) Forecast page.
The aggregated brokerage recommendation for Agenus Inc (AGEN, Financial), derived from five firms, currently sits at 2.8, translating to a "Hold" status. This rating operates on a scale from 1 to 5, where 1 indicates a Strong Buy and 5 suggests a Sell.
Evaluating GF Value and Market Outlook
According to GuruFocus estimates, the projected GF Value for Agenus Inc (AGEN, Financial) within the next year is $4.10. This estimate points to a 39.22% upside from the existing price of $2.945. The GF Value encapsulates GuruFocus's estimation of the stock's fair market value, derived from historical trading multiples, past business growth trajectories, and future business performance forecasts. For detailed insights, please explore the Agenus Inc (AGEN) Summary page.
