Incannex Healthcare Stock Target Price and Analyst Consensus

IXHL Stock  USD 4.24  0.82  16.21%   
Analysts of Incannex Healthcare render investment recommendations by dissecting financials, analyzing earning calls, and talking to Incannex Healthcare vendors, executives, and customers to validate their buy-or-sell advice. Unfortunately, the analyst consensus on Incannex Healthcare is currently unavailable. Please use our comprehensive buy-or-sell advice module to check the latest Macroaxis investment opinion on Incannex Healthcare
Gross Profit Margin is expected to rise to 0.49 this year, although the value of Gross Profit will most likely fall to about 86.7 K. At this time, Incannex Healthcare's Total Liabilities is quite stable compared to the past year. Total Current Assets is expected to rise to about 24.1 M this year, although the value of Short and Long Term Debt Total will most likely fall to about 220.6 K.
It's important to approach Incannex Healthcare's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Incannex Healthcare Analyst Ratings

Incannex Healthcare's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Incannex Healthcare stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Incannex Healthcare's financials, market performance, and future outlook by experienced professionals. Incannex Healthcare's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Incannex Healthcare price targets

Incannex Healthcare's stock target price is an estimate of its future price, usually made by analysts. Using Incannex Healthcare's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Incannex Healthcare's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Incannex Healthcare's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Incannex Healthcare Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Incannex Healthcare is a key component of Incannex Healthcare valuation and have some predictive power on the future returns of a Incannex Healthcare.
Hype
Prediction
LowEstimatedHigh
0.183.65431.65
Details
Intrinsic
Valuation
LowRealHigh
0.142.76430.76
Details
Naive
Forecast
LowNextHigh
0.094.64134.08
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.84-0.84-0.84
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Incannex Healthcare. Your research has to be compared to or analyzed against Incannex Healthcare's peers to derive any actionable benefits. When done correctly, Incannex Healthcare's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Incannex Healthcare.

Trending Themes

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Macroaxis Index Idea
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Sold few shares
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When determining whether Incannex Healthcare is a strong investment it is important to analyze Incannex Healthcare's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Incannex Healthcare's future performance. For an informed investment choice regarding Incannex Stock, refer to the following important reports:
Check out Macroaxis Advice on Incannex Healthcare to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
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