Oric Pharmaceuticals Stock Target Price and Analyst Consensus

ORIC Stock  USD 9.80  0.07  0.71%   
The current analyst and expert consensus on Oric Pharmaceuticals is Strong Buy, with 10 strong buy opinions. The current projected Oric Pharmaceuticals target price consensus is 15.86 with 12 analyst opinions. Check out Macroaxis Advice on Oric Pharmaceuticals to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Oric Stock refer to our How to Trade Oric Stock guide.
The most common way Oric Pharmaceuticals analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Oric Pharmaceuticals executives and customers to further validate their buy or sell advice. Oric Pharmaceuticals buy-or-sell recommendation module provides average expert sentiment on the projected Oric Pharmaceuticals target price to derive its highest and lowest estimates based on projected price volatility of 3.8263.
Lowest Forecast
14.43
Highest Forecast
17.6
Target Price
15.86
As of November 26, 2024, Gross Profit is expected to decline to about (1.1 M). At present, Oric Pharmaceuticals' Accounts Payable is projected to increase significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 12.6 M, whereas Other Current Liabilities is forecasted to decline to about 8.7 M.
  
It's important to approach Oric Pharmaceuticals' 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.
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 Oric Pharmaceuticals price targets

Oric Pharmaceuticals' stock target price is an estimate of its future price, usually made by analysts. Using Oric Pharmaceuticals' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Oric Pharmaceuticals' 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 Oric Pharmaceuticals' 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 Oric Pharmaceuticals 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 Oric Pharmaceuticals is a key component of Oric Pharmaceuticals valuation and have some predictive power on the future returns of a Oric Pharmaceuticals.
Hype
Prediction
LowEstimatedHigh
5.979.8013.63
Details
Intrinsic
Valuation
LowRealHigh
8.1912.0215.85
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.58-0.53-0.47
Details

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When determining whether Oric Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Oric Pharmaceuticals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oric Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oric Pharmaceuticals Stock:
Check out Macroaxis Advice on Oric Pharmaceuticals to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Oric Stock refer to our How to Trade Oric Stock guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Please note, the presentation of Oric Pharmaceuticals' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Oric Pharmaceuticals' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Oric Pharmaceuticals' management manipulating its earnings.