Onconova Therapeutics - ONTX Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Onconova Therapeutics in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ONTX shares.
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2 Wall Street research analysts have issued 12 month price targets for Onconova Therapeutics' stock. Their ONTX share price forecasts range from $7.00 to $11.00. On average, they anticipate the company's stock price to reach $9.00 in the next twelve months. This suggests a possible upside of 957.6% from the stock's current price.
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Onconova Therapeutics' stock was trading at $0.6457 at the beginning of the year. Since then, ONTX shares have increased by 31.8% and is now trading at $0.8510.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, March 16th 2023.
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Onconova Therapeutics, Inc. (NASDAQ:ONTX) posted its quarterly earnings data on Monday, November, 14th. The biopharmaceutical company reported ($0.26) earnings per share for the quarter, missing analysts' consensus estimates of ($0.21) by $0.05. The biopharmaceutical company earned $0.06 million during the quarter, compared to analyst estimates of $0.06 million. Onconova Therapeutics had a negative net margin of 7,658.41% and a negative trailing twelve-month return on equity of 43.20%.

Shares of Onconova Therapeutics reverse split before market open on Friday, May 21st 2021. The 1-15 reverse split was announced on Thursday, May 20th 2021. The number of shares owned by shareholders was adjusted after the market closes on Thursday, May 20th 2021. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other Onconova Therapeutics investors own include Sorrento Therapeutics (SRNE), OPKO Health (OPK), SCYNEXIS (SCYX), VBI Vaccines (VBIV), Tonix Pharmaceuticals (TNXP), Acasti Pharma (ACST), Bionano Genomics (BNGO), Matinas BioPharma (MTNB), Outlook Therapeutics (OTLK) and Actinium Pharmaceuticals (ATNM).

Onconova Therapeutics trades on the NASDAQ under the ticker symbol "ONTX."

Shares of ONTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ONTX stock can currently be purchased for approximately $0.85.

Onconova Therapeutics (NASDAQ:ONTX) has a market capitalization of $17.79 million and generates $230,000.00 in revenue each year. The biopharmaceutical company earns $-16,160,000.00 in net income (profit) each year or ($0.81) on an earnings per share basis.

Onconova Therapeutics' mailing address is 375 PHEASANT RUN, NEWTOWN PA, 18940. The official website for the company is www.onconova.com. The biopharmaceutical company can be reached via phone at (267) 759-3680, via email at ir@onconova.us, or via fax at 267-759-3681.