Clene Inc. (CLNN)
NASDAQ: CLNN · IEX Real-Time Price · USD
0.329
-0.012 (-3.58%)
At close: May 31, 2024, 4:00 PM
0.325
-0.004 (-1.22%)
After-hours: May 31, 2024, 7:57 PM EDT
Clene Stock Forecast
CLNN's stock price has decreased by -66.09% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Clene stock have an average target of 7.20, with a low estimate of 4.00 and a high estimate of 10. The average target predicts an increase of 2,088.45% from the current stock price of 0.33.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Clene stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +2,027.66% | May 28, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +1,419.76% | May 23, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +2,027.66% | May 8, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +2,027.66% | Apr 17, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +1,419.76% | Mar 20, 2024 |
Financial Forecast
Revenue This Year
355.64K
from 654.00K
Decreased by -45.62%
Revenue Next Year
340.00K
from 355.64K
Decreased by -4.40%
EPS This Year
-0.34
from -0.47
EPS Next Year
-0.28
from -0.34
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 630,000 | 630,000 | 13.2M | 284.9M | 479.9M |
| Avg | 355,643 | 339,997 | 6.6M | 168.6M | 314.3M |
| Low | 71,540 | n/a | 392,000 | 37.2M | 89.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -3.7% | 77.1% | 3,791.2% | 4,196.7% | 184.6% |
| Avg | -45.6% | -4.4% | 1,850.0% | 2,443.3% | 86.4% |
| Low | -89.1% | - | 15.3% | 461.7% | -47.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.33 | -0.22 | -0.17 | 0.51 | 0.91 |
| Avg | -0.34 | -0.28 | -0.24 | 0.41 | 0.70 |
| Low | -0.35 | -0.35 | -0.30 | 0.30 | 0.50 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | 123.9% |
| Avg | - | - | - | - | 72.5% |
| Low | - | - | - | - | 22.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.