Spectrum Pharmaceuticals - SPPI Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Spectrum Pharmaceuticals in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SPPI shares.
View SPPI analyst ratings or view top-rated stocks.

4 brokerages have issued 12 month price objectives for Spectrum Pharmaceuticals' stock. Their SPPI share price forecasts range from $1.00 to $4.00. On average, they expect the company's share price to reach $3.00 in the next twelve months. This suggests a possible upside of 548.5% from the stock's current price.
View analysts price targets for SPPI or view top-rated stocks among Wall Street analysts.

Spectrum Pharmaceuticals' stock was trading at $1.27 at the beginning of 2022. Since then, SPPI stock has decreased by 63.6% and is now trading at $0.4626.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 16th 2023.
View our SPPI earnings forecast.

Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) announced its quarterly earnings data on Wednesday, November, 10th. The biotechnology company reported ($0.21) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.28) by $0.07. During the same quarter in the prior year, the firm earned ($0.37) earnings per share.

2 employees have rated Spectrum Pharmaceuticals Chief Executive Officer Joseph Turgeon on Glassdoor.com. Joseph Turgeon has an approval rating of 47% among the company's employees. This puts Joseph Turgeon in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Spectrum Pharmaceuticals investors own include Inovio Pharmaceuticals (INO), Verastem (VSTM), Exelixis (EXEL), SCYNEXIS (SCYX), TG Therapeutics (TGTX), Advanced Micro Devices (AMD), OPKO Health (OPK), Bausch Health Companies (BHC), Sorrento Therapeutics (SRNE) and Zynerba Pharmaceuticals (ZYNE).

Spectrum Pharmaceuticals trades on the NASDAQ under the ticker symbol "SPPI."

Spectrum Pharmaceuticals' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Armistice Capital LLC (8.86%), Vanguard Group Inc. (4.61%), BlackRock Inc. (3.84%), Renaissance Technologies LLC (0.53%), CM Management LLC (0.43%) and State Street Corp (0.33%). Insiders that own company stock include Francois Lebel, Joseph W Turgeon, Keith M Mcgahan, Kurt A Gustafson, Nora Brennan, Seth H Z Fischer, Thomas J Riga and William Ashton.
View institutional ownership trends.

Shares of SPPI 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 SPPI stock can currently be purchased for approximately $0.46.

Spectrum Pharmaceuticals (NASDAQ:SPPI) has a market capitalization of $87.04 million. The biotechnology company earns $-158,630,000.00 in net income (profit) each year or ($0.64) on an earnings per share basis.

The company employs 163 workers across the globe.

Spectrum Pharmaceuticals' mailing address is 11500 SOUTH EASTERN AVENUE SUITE 240, HENDERSON NV, 89052. The official website for the company is www.sppirx.com. The biotechnology company can be reached via phone at (702) 835-6300, via email at ir@sppirx.com, or via fax at 702-260-7405.