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DURECT (DRRX) Stock Forecast & Price Target

+0.14 (+9.66%)
(As of 07/19/2024 ET)

DURECT - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 5 Wall Street analysts who have issued ratings for DURECT in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 5 analysts, 2 have given a hold rating, and 3 have given a buy rating for DRRX.

Consensus Price Target

1,629.56% Upside
High Forecast$41.00
Average Forecast$27.50
Low Forecast$5.00

According to the 5 analysts' twelve-month price targets for DURECT, the average price target is $27.50. The highest price target for DRRX is $41.00, while the lowest price target for DRRX is $5.00. The average price target represents a forecasted upside of 1,629.56% from the current price of $1.59.

TypeCurrent Forecast
7/20/23 to 7/19/24
1 Month Ago
6/20/23 to 6/19/24
3 Months Ago
4/21/23 to 4/20/24
1 Year Ago
7/20/22 to 7/20/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
0 Hold rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$27.50$27.50$27.50$36.25
Forecasted Upside1,629.56% Upside1,392.85% Upside1,392.85% Upside722.31% Upside
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DRRX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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DRRX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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DURECT Stock vs. The Competition

TypeDURECTMedical CompaniesS&P 500
Consensus Rating Score
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside1,739.46% Upside3,375.93% Upside9.95% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/22/2024HC Wainwright
3 of 5 stars
 Reiterated RatingNeutral
3 of 5 stars
 Reiterated RatingOutperform ➝ Outperform$5.00+323.58%
1 of 5 stars
 Reiterated RatingBuy ➝ Hold$37.00+6,920.74%
9/14/2023Northland Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageOutperform
8/10/2023Cantor Fitzgerald
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOverweight ➝ Overweight$44.00 ➝ $41.00+1,197.46%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 07:52 PM ET.

DRRX Forecast - Frequently Asked Questions

What is DURECT's forecast for 2024?

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for DURECT is $27.50, with a high forecast of $41.00 and a low forecast of $5.00.

Should I buy or sell DURECT stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DURECT in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" DRRX shares.

Does DURECT's stock price have much upside?

According to analysts, DURECT's stock has a predicted upside of 1,392.85% based on their 12-month stock forecasts.

What analysts cover DURECT?

DURECT has been rated by research analysts at HC Wainwright in the past 90 days.

Do Wall Street analysts like DURECT more than its competitors?

Analysts like DURECT less than other "medical" companies. The consensus rating score for DURECT is 2.60 while the average consensus rating score for "medical" companies is 2.72. Learn more on how DRRX compares to other companies.

This page (NASDAQ:DRRX) was last updated on 7/19/2024 by Staff

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