Clene Inc.

Clene Inc. Stock Forecast & Price Prediction

Live Clene Inc. Stock (CLNN) Price
$5.53

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$5.53

P/E Ratio

-0.53

Volume Traded Today

$189,238

Dividend

Dividends not available for CLNN

52 Week High/low

13.20/3.82

Clene Inc. Market Cap

$37.7M

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CLNN Summary

From what 0 stock analysts predict, the share price for Clene Inc. (CLNN) might increase by 767.99% in the next year. This is based on a 12-month average estimation for CLNN. Price targets go from $20 to $94. The majority of stock analysts believe CLNN is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

CLNN Analyst Ratings

About 0 Wall Street analysts have assignedCLNN 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Clene Inc. to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CLNN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

CLNN stock forecast by analyst

These are the latest 20 analyst ratings of CLNN.

Analyst/Firm

Rating

Price Target

Change

Date

Jason Kolbert
EF Hutton

Buy

$23

Maintains

Sep 16, 2024
Jason Kolbert
EF Hutton

Buy

$23

Initiates

Sep 10, 2024
Joseph Pantginis
HC Wainwright & Co.

Buy

$31

Maintains

Aug 9, 2024
Sumant Kulkarni
Canaccord Genuity

Buy

$94

Reiterates

Aug 6, 2024
Joseph Pantginis
HC Wainwright & Co.

Buy

$7

Reiterates

Jun 21, 2024
Joseph Pantginis
HC Wainwright & Co.

Buy

$7

Reiterates

Jun 18, 2024
Joseph Pantginis
HC Wainwright & Co.

Buy

$7

Reiterates

May 28, 2024
Bruce Jackson
Benchmark

Buy

$5

Reiterates

May 23, 2024
Joseph Pantginis
HC Wainwright & Co.

Buy

$7

Reiterates

May 8, 2024
Joseph Pantginis
HC Wainwright & Co.

Buy

$7

Reiterates

Apr 17, 2024
Bruce Jackson
Benchmark

Buy

$5

Reiterates

Mar 20, 2024
Joseph Pantginis
HC Wainwright & Co.

Buy

$7

Reiterates

Mar 13, 2024
Joseph Pantginis
HC Wainwright & Co.

Buy

$7

Maintains

Mar 11, 2024
Joseph Pantginis
HC Wainwright & Co.

Buy

$7

Reiterates

Feb 22, 2024
Joseph Pantginis
HC Wainwright & Co.

Buy

$7

Reiterates

Dec 21, 2023
Joseph Pantginis
HC Wainwright & Co.

Buy

$7

Reiterates

Sep 21, 2023
Joseph Pantginis
HC Wainwright & Co.

Buy

$7

Reiterates

Aug 29, 2023
Jonathan Aschoff
Roth MKM

Buy

$10

Reiterates

Aug 29, 2023
Charles Duncan
Cantor Fitzgerald

Overweight

$4

Reiterates

Aug 16, 2023
Joseph Pantginis
HC Wainwright & Co.

Buy

$7

Reiterates

Aug 14, 2023

CLNN Company Information

  • Company Name: Clene Inc.
  • Type: Clinical-stage pharmaceutical company
  • Focus: Discovery, development, and commercialization of novel clean-surfaced nanotechnology (CSN) therapeutics
  • Lead Drug Candidate: CNM-Au8
  • Clinical Trials:
    • Phase 2 trials for amyotrophic lateral sclerosis (ALS)
    • Phase 2 trial for visual pathway deficits in chronic optic neuropathy
    • Phase 2 trial for remyelination in stable relapsing Multiple Sclerosis
    • Phase 2 trial for Parkinson's Disease
  • Other Products:
    • CNM-AgZn17: Gel polymer suspension for infectious diseases and wound healing
    • CNM-ZnAg: Broad-spectrum antiviral and antibacterial agent
  • Dietary Supplements:
    • rMetx: Aqueous zinc-silver ion dietary supplement
    • KHC46: Aqueous gold dietary supplement with low-concentration Au nanoparticles
  • Headquarters: Salt Lake City, Utah
CLNN
Clene Inc. (CLNN)

When did it IPO

N/A

Staff Count

82

Country

United States

Sector/Industry

Consumer Defensive/Packaged Foods

CEO

Mr. Robert Etherington MBA

Market Cap

$37.7M

Clene Inc. (CLNN) Financial Data

In 2023, CLNN generated $654,000 in revenue, which was a increase of 38.27% from the previous year. This can be seen as a signal that CLNN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$206,000

Revenue From 2021

$723,000

250.97 %
From Previous Year

Revenue From 2022

$473,000

-34.58 %
From Previous Year

Revenue From 2023

$654,000

38.27 %
From Previous Year
  • Revenue TTM $442,000
  • Operating Margin TTM -8,122.0%
  • Gross profit TTM $533,000
  • Return on assets TTM -41.7%
  • Return on equity TTM -289.7%
  • Profit Margin 81.5%
  • Book Value Per Share -0.08%
  • Market capitalisation $37.7M
  • Revenue for 2021 $723,000
  • Revenue for 2022 $473,000
  • Revenue for 2023 $654,000
  • EPS this year (TTM) $-3.07

Clene Inc. (CLNN) Latest News

News Image

Tue, 03 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - SALT LAKE CITY, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Clene Inc. (Nasdaq: CLNN) (along with its subsidiaries, โ€œCleneโ€) and its wholly owned subsidiary Clene Nanomedicine Inc., a clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis (ALS) and multiple sclerosis (MS), today announced that management will present at the H.C. Wainwright 26th Annual Global Investment Conference and host 1x1 investor meetings.

News Image

Thu, 29 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - The consensus price target hints at an 873.5% upside potential for Clene (CLNN). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

News Image

Tue, 13 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - The mean of analysts' price targets for Clene (CLNN) points to a 976.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

News Image

Wed, 07 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - SALT LAKE CITY, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Clene Inc. (Nasdaq: CLNN) (along with its subsidiaries, โ€œCleneโ€) and its wholly owned subsidiary Clene Nanomedicine Inc., a late clinical-stage biopharmaceutical company focused on revolutionizing the treatment of neurodegenerative diseases, including amyotrophic lateral sclerosis (ALS) and multiple sclerosis (MS), today announced its second quarter 2024 financial results and provided recent updates on its CNM-Au8ยฎ programs.

News Image

Thu, 08 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - LOS ANGELES, Aug. 08, 2024 (GLOBE NEWSWIRE) -- via IBN โ€“ IBN, a multifaceted communications organization engaged in connecting public companies to the investment community, is pleased to announce the release of the latest episode ofย The BioMedWire Podcast as part of its sustained effort to provide specialized content distribution via widespread syndication channels.

News Image

Wed, 07 Aug 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - Clene Inc. (CLNN) came out with a quarterly loss of $1.06 per share versus the Zacks Consensus Estimate of a loss of $1.60. This compares to loss of $2.40 per share a year ago.

...

CLNN Frequently asked questions

The highest forecasted price for CLNN is $94 from Sumant Kulkarni at Canaccord Genuity.

The lowest forecasted price for CLNN is $20 from from

The CLNN analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.