Spruce Biosciences Inc. (SPRB) Social Stream
SPRUCE BIOSCIENCES INC (SPRB) Price Targets From Analysts
Use the tables below to see what analysts covering SPRUCE BIOSCIENCES INC think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-10-12 | 2 | $44 | $30 | $36.333 | $2.69 | 1250.67% |
| 2021-11-16 | 3 | $20 | $5 | $12.5 | $2.69 | 364.68% |
| 2021-12-10 | 4 | $20 | $5 | $10.666 | $2.69 | 296.51% |
| 2022-01-25 | 5 | $20 | $5 | $11.75 | $2.69 | 336.8% |
| 2022-03-15 | 6 | $20 | $5 | $10.2 | $2.69 | 279.18% |
| 2022-06-21 | 6 | $20 | $3 | $9.8 | $2.69 | 264.31% |
| 2022-11-15 | 6 | $20 | $3 | $10.5 | $2.69 | 290.33% |
| 2023-01-17 | 6 | $20 | $3 | $9 | $2.69 | 234.57% |
| 2023-02-08 | 6 | $20 | $3 | $9.6 | $2.69 | 256.88% |
| 2023-03-20 | 6 | $20 | $3 | $9.333 | $2.69 | 246.95% |
| 2023-05-17 | 6 | $10 | $3 | $7.666 | $2.69 | 184.98% |
| 2023-05-22 | 6 | $9 | $3 | $7 | $2.69 | 160.22% |
| 2023-06-13 | 6 | $10.001 | $3 | $7.5 | $2.69 | 178.81% |
| 2023-08-18 | 6 | $10.001 | $3 | $7.666 | $2.69 | 184.98% |
| 2023-11-20 | 6 | $10 | $7 | $8.333 | $2.69 | 209.78% |
The Trend in the Analyst Price Target
SPRB's average price target has moved down $25.42 over the prior 37 months.
SPRB reports an average of 278.81% for its upside potential over the past 44 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-05-17 | 6 | 10 | 3 | 7.500 | 2.30 | 226.09% |
| 2023-05-17 | 6 | 10 | 3 | 7.666 | 2.30 | 233.3% |
| 2023-05-22 | 6 | 9 | 3 | 7.000 | 2.46 | 184.55% |
| 2023-08-18 | 6 | 10 | 3 | 7.500 | 2.35 | 219.15% |
| 2023-11-17 | 6 | 10 | 7 | 8.500 | 1.35 | 529.63% |
SPRB Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.17 | 5 | 1 | 0 | 0 | 0 | 6 |
The Trend in the Broker Recommendations
SPRB's average broker recommendation rating improved by 0.5 over the prior 52 weeks.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- In terms of how SPRUCE BIOSCIENCES INC fares relative to all US stocks, note that its upside potential (average analyst target price relative to current price) is greater than 2258.84% of that group.
- In terms of how SPRUCE BIOSCIENCES INC fares relative to all US stocks, note that its variance in analysts' estimates is lower than -2033.12% of that group.
- To contextualize these metrics, consider that out of all US stocks, SPRUCE BIOSCIENCES INC's average analyst price target is greater than 342.6% of them.
- SPRB has a higher number of analysts covering the stock than 673.59% of Healthcare stocks.
In terms of price targets and recommendations offered by analysts, the stocks in the Pharmaceutical Products industry with the ratings most similar to SPRUCE BIOSCIENCES INC are FHTX, PRTC, and NBTX.
View All Top Stocks by Price Target
What is the outlook for SPRB? Use POWR Ratings for clearer insight into price direction.