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Ovid Therapeutics Inc (OVID)
NASDAQ:OVID

Ovid Therapeutics (OVID) Stock Forecast & Price Target

1,210 Followers
See the Price Targets and Ratings of:

OVID Analyst Ratings

Strong Buy
3Ratings
3 Buy
0 Hold
0 Sell
Based on 3 analysts giving stock ratings to
Ovid
Therapeutics
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

OVID Stock 12 Month Forecast

Average Price Target

$7.50
▲(133.64% Upside)
Based on 3 Wall Street analysts offering 12 month price targets for Ovid Therapeutics in the last 3 months. The average price target is $7.50 with a high forecast of $8.00 and a low forecast of $7.00. The average price target represents a 133.64% change from the last price of $3.21.
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Highest Price Target$8.00Average Price Target$7.50Lowest Price Target$7.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
BTIG
$11.00
Buy
242.68%
Upside
Initiated
12/21/23
Ovid Therapeutics initiated with a Buy at BTIGOvid Therapeutics initiated with a Buy at BTIG
Citi
$4.00
Hold
24.61%
Upside
Reiterated
12/04/23
JonesTrading
$6.00
Buy
86.92%
Upside
Reiterated
11/03/23
Analysts Offer Insights on Healthcare Companies: Plus Therapeutics (NASDAQ: PSTV), Beyond Air (NASDAQ: XAIR) and Ovid Therapeutics (NASDAQ: OVID)
Oppenheimer
$8.00
Buy
149.22%
Upside
Reiterated
10/18/23
Oppenheimer Sticks to Its Buy Rating for Ovid Therapeutics (OVID)
RBC Capital
$6.00
Buy
86.92%
Upside
Initiated
06/13/23
Ovid Therapeutics (OVID) Has a New Rating from JonesTrading - TipRanks.comIn a report released today, Sean Kim PhD from JonesTrading initiated coverage with a Buy rating on Ovid Therapeutics ( OVID Research Report) and a price target of $6.00 . The companys shares closed today at $3.89.

OVID Analyst Recommendation Trends

Rating
Oct 23
Nov 23
Dec 23
Mar 24
Apr 24
Strong Buy
9
10
9
4
3
Buy
0
1
1
2
1
Hold
0
0
1
1
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
9
11
11
7
5
In the current month, OVID has received 4 Buy Ratings, 1 Hold Ratings, and 0 Sell Ratings. OVID average Analyst price target in the past 3 months is $7.50.
Each month's total comprises the sum of three months' worth of ratings.
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OVID Financial Forecast

OVID Earnings Forecast

Next quarter’s earnings estimate for OVID is -$0.22 with a range of -$0.27 to -$0.17. The previous quarter’s EPS was -$0.22. OVID beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 57.52% of the time in the same period. In the last calendar year OVID has Underperformed its overall industry.
Next quarter’s earnings estimate for OVID is -$0.22 with a range of -$0.27 to -$0.17. The previous quarter’s EPS was -$0.22. OVID beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 57.52% of the time in the same period. In the last calendar year OVID has Underperformed its overall industry.

OVID Sales Forecast

Next quarter’s sales forecast for OVID is $53.00K with a range of $0.00 to $167.00K. The previous quarter’s sales results were $141.56K. OVID beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 47.06% of the time in the same period. In the last calendar year OVID has Outperformed its overall industry.
Next quarter’s sales forecast for OVID is $53.00K with a range of $0.00 to $167.00K. The previous quarter’s sales results were $141.56K. OVID beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 47.06% of the time in the same period. In the last calendar year OVID has Outperformed its overall industry.

OVID Stock Forecast FAQ

What is OVID’s average 12-month price target, according to analysts?
Based on analyst ratings, Ovid Therapeutics Inc’s 12-month average price target is $7.50.
    What is OVID’s upside potential, based on the analysts’ average price target?
    Ovid Therapeutics Inc has 133.64% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is OVID a Buy, Sell or Hold?
          Ovid Therapeutics Inc has a conensus rating of Strong Buy which is based on 3 buy ratings, 0 hold ratings and 0 sell ratings.
            What is Ovid Therapeutics Inc’s price target?
            The average price target for Ovid Therapeutics Inc is $7.50. This is based on 3 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $8.00 ,the lowest forecast is $7.00. The average price target represents 133.64% Increase from the current price of $3.21.
              What do analysts say about Ovid Therapeutics Inc?
              Ovid Therapeutics Inc’s analyst rating consensus is a Strong Buy. This is based on the ratings of 3 Wall Streets Analysts.
                How can I buy shares of OVID?
                Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.
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