PolarityTE (PTE) Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PolarityTE in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" PTE shares.
View PTE analyst ratings or view top-rated stocks.

1 analysts have issued 12 month price objectives for PolarityTE's shares. Their PTE share price forecasts range from $1.00 to $1.00. On average, they expect the company's share price to reach $1.00 in the next year. This suggests a possible upside of 161.7% from the stock's current price.
View analysts price targets for PTE or view top-rated stocks among Wall Street analysts.

PolarityTE's stock was trading at $0.6551 on January 1st, 2023. Since then, PTE shares have decreased by 41.7% and is now trading at $0.3821.
View the best growth stocks for 2023 here.

PolarityTE, Inc. (NASDAQ:PTE) released its quarterly earnings results on Wednesday, November, 10th. The company reported ($2.25) earnings per share for the quarter, topping the consensus estimate of ($3.00) by $0.75. The company earned $1.12 million during the quarter, compared to analyst estimates of $0.97 million. During the same period in the prior year, the firm posted ($4.50) earnings per share.

PolarityTE's stock reverse split on the morning of Tuesday, May 17th 2022. The 1-25 reverse split was announced on Tuesday, May 17th 2022. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, May 17th 2022. An investor that had 100 shares of stock prior to the reverse split would have 4 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other PolarityTE investors own include Bionano Genomics (BNGO), Gran Tierra Energy (GTE), Matinas BioPharma (MTNB), Pennsylvania Real Estate Investment Trust (PEI), CNBX Pharmaceuticals (CNBX), Novan (NOVN), Zosano Pharma (ZSAN), ADMA Biologics (ADMA), KushCo (KSHB) and Aeterna Zentaris (AEZS).

PolarityTE trades on the NASDAQ under the ticker symbol "PTE."

Shares of PTE 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.
Compare Top Brokerages Here.

One share of PTE stock can currently be purchased for approximately $0.38.

PolarityTE (NASDAQ:PTE) has a market capitalization of $2.82 million and generates $810,000.00 in revenue each year. The company earns $-7,830,000.00 in net income (profit) each year or ($5.96) on an earnings per share basis.

PolarityTE's mailing address is 123 NORTH WRIGHT BROTHERS DRIVE, SALT LAKE CITY UT, 84116. The official website for the company is www.polarityte.com. The company can be reached via phone at (800) 560-3983, via email at ir@polarityte.com, or via fax at 302-636-5454.