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Home โบ Stocks โบ Edesa Biotech Inc. (EDSA) Stock Forecast & Price Prediction Canada | NASDAQ | Healthcare | Biotechnology
$5.93
+0.79 (15.37%)Did EDSA Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Edesa Biotech is one of their latest high-conviction picks.
Based on our analysis of 3 Wall Street analysts, EDSA has a bullish consensus with a median price target of $9.00 (ranging from $5.00 to $19.00). The overall analyst rating is Strong Buy (10.0/10). Currently trading at $5.93, the median forecast implies a 51.8% upside. This outlook is supported by 2 Buy, 0 Hold, and 0 Sell ratings.
Conversely, the most conservative target is provided by Yi Chen at HC Wainwright & Co., suggesting a 15.7% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for EDSA.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Nov 3, 2025 | HC Wainwright & Co. | Yi Chen | Buy | Reiterates | $5.00 |
| Jun 27, 2025 | HC Wainwright & Co. | Yi Chen | Buy | Assumes | $5.00 |
| Mar 13, 2025 | HC Wainwright & Co. | Vernon Bernardino | Buy | Reiterates | $21.00 |
| Aug 20, 2024 | HC Wainwright & Co. | Vernon Bernardino | Buy | Reiterates | $21.00 |
| Jun 28, 2024 | HC Wainwright & Co. | Vernon Bernardino | Buy | Reiterates | $21.00 |
| Feb 14, 2024 | HC Wainwright & Co. | Vernon Bernardino | Buy | Reiterates | $21.00 |
| Nov 29, 2023 | HC Wainwright & Co. | Vernon Bernardino | Buy | Maintains | $21.00 |
| Nov 22, 2023 | HC Wainwright & Co. | Vernon Bernardino | Buy | Reiterates | $10.00 |
| Oct 12, 2023 | Brookline Capital | Kemp Dolliver | Buy | Maintains | $57.00 |
| Aug 15, 2023 | HC Wainwright & Co. | Vernon Bernardino | Buy | Maintains | $10.00 |
| May 24, 2023 | HC Wainwright & Co. | Vernon Bernardino | Buy | Reiterates | $16.00 |
| Mar 15, 2023 | HC Wainwright & Co. | Vernon Bernardino | Buy | Reiterates | $16.00 |
| Feb 14, 2023 | HC Wainwright & Co. | Vernon Bernardino | Buy | Reiterates | $16.00 |
| Dec 20, 2021 | HC Wainwright & Co. | Vernon Bernardino | Buy | Initiates | $16.00 |
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Edesa Biotech Inc. has a market capitalization of $52.69M with a P/E ratio of -4.7x. The company generates $0 in trailing twelve-month revenue with a 0.0% profit margin.
Revenue growth is N/A quarter-over-quarter, while maintaining an operating margin of 0.0% and return on equity of -96.4%.
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Develops innovative therapies for dermatological conditions.
Edesa Biotech Inc. operates as a clinical-stage pharmaceutical company, focusing on the development and commercialization of small molecule drugs and biologics for dermatological and gastrointestinal indications. The company generates revenue through the successful advancement of its drug candidates, particularly by addressing unmet medical needs in skin health and securing regulatory approvals for its therapies.
Edesa Biotech's pipeline includes treatments for conditions like atopic dermatitis and allergic contact dermatitis. By leveraging proprietary research and extensive clinical expertise, the company aims to deliver novel treatment options and contribute to medical advancements in the competitive biotech industry.
Healthcare
Biotechnology
17
Dr. Pardeep Nijhawan FRCPC, M.D.
Canada
2019
Paridiprubart shows statistically significant mortality reductions in ARDS patients, following positive Phase 3 trial results, indicating potential market viability.
Positive Phase 3 results for Paridiprubart indicate potential market success and revenue growth, impacting stock prices and investor sentiment in the healthcare sector.
Edesa Biotech (Nasdaq: EDSA) updated on its Phase 2 study of EB06 for moderate-to-severe nonsegmental vitiligo, reaffirming enrollment timelines amid its participation in the GVF Symposium.
Edesa Biotech's update on its Phase 2 study for EB06 and participation in a key symposium may boost investor confidence in its pipeline's potential and market positioning.
Edesa Biotech (Nasdaq: EDSA) reported positive additional data from a Phase 3 study of its drug paridiprubart, aimed at immuno-inflammatory diseases.
Positive Phase 3 data for paridiprubart enhances Edesa Biotech's growth potential, likely boosting stock value and attracting investor interest in the biopharmaceutical sector.
Edesa Biotech, Inc. (Nasdaq:EDSA) reported its Q4 2025 financial results and provided a business update focused on developing therapeutics for immuno-inflammatory diseases.
Edesa Biotech's quarterly financial results and business update indicate its operational health and future growth potential, impacting investor confidence and stock performance.
Edesa Biotech, Inc. (Nasdaq:EDSA) reported its fiscal year 2025 financial results and provided a business update, focusing on host-directed therapeutics for immuno-inflammatory diseases.
Edesa Biotech's financial results and business update can influence stock performance, reflecting its growth potential and investor sentiment in the biopharmaceutical sector.
Edesa Biotech, Inc. (Nasdaq:EDSA) will participate in upcoming conferences, focusing on developing therapeutics for immuno-inflammatory diseases.
Edesa Biotech's participation in key conferences could signal potential partnerships or funding opportunities, impacting its stock performance and investor interest.
Based on our analysis of 3 Wall Street analysts, Edesa Biotech Inc. (EDSA) has a median price target of $9.00. The highest price target is $19.00 and the lowest is $5.00.
According to current analyst ratings, EDSA has 2 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $5.93. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict EDSA stock could reach $9.00 in the next 12 months. This represents a 51.8% increase from the current price of $5.93. Please note that this is a projection by Wall Street analysts and not a guarantee.
Edesa Biotech Inc. operates as a clinical-stage pharmaceutical company, focusing on the development and commercialization of small molecule drugs and biologics for dermatological and gastrointestinal indications. The company generates revenue through the successful advancement of its drug candidates, particularly by addressing unmet medical needs in skin health and securing regulatory approvals for its therapies.
The highest price target for EDSA is $19.00 from at , which represents a 220.4% increase from the current price of $5.93.
The lowest price target for EDSA is $5.00 from Yi Chen at HC Wainwright & Co., which represents a -15.7% decrease from the current price of $5.93.
The overall analyst consensus for EDSA is bullish. Out of 3 Wall Street analysts, 2 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $9.00.
Stock price projections, including those for Edesa Biotech Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. 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.