Equillium Inc

Equillium Inc Stock Forecast & Price Prediction

Live Equillium Inc Stock (EQ) Price
$0.70

4

Ratings

  • Buy 3
  • Hold 1
  • 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

$0.70

P/E Ratio

-1.84

Volume Traded Today

$127,051

Dividend

Dividends not available for EQ

52 Week High/low

3.25/0.60

Equillium Inc Market Cap

$26.0M

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EQ Summary

Based on ratings from 4 stock analysts, the Equillium Inc stock price is expected to increase by 376.19% in 12 months. This is calculated by using the average 12-month stock price forecast for Equillium Inc. The lowest target is $2 and the highest is $5. Please note analyst price targets are not guaranteed and could be missed completely.

EQ Analyst Ratings

About 4 Wall Street analysts have assigned EQ 3 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect Equillium Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on EQ. 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.

EQ stock forecast by analyst

These are the latest 20 analyst ratings of EQ.

Analyst/Firm

Rating

Price Target

Change

Date

Catherine Novack
Jones Trading

Hold


Downgrade

Nov 1, 2024
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$5

Reiterates

Aug 19, 2024
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$5

Reiterates

Jun 5, 2024
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$5

Reiterates

May 17, 2024
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$5

Maintains

Apr 2, 2024
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$4

Maintains

Dec 26, 2023
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$4.5

Maintains

Nov 13, 2023
Emma Nealon
Cantor Fitzgerald

Overweight

$2.8

Reiterates

Aug 14, 2023
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$5.5

Reiterates

Aug 14, 2023

HC Wainwright& Co.

Buy


Reiterates

Aug 14, 2023
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$5.5

Reiterates

May 15, 2023
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$5.5

Maintains

May 1, 2023
Dae Gon Ha
Stifel

Buy

$7

Maintains

Mar 24, 2023
Thomas Smith
SVB Leerink

Outperform

$7

Maintains

Feb 8, 2023
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$20

Maintains

Sep 27, 2022
Thomas Smith
SVB Leerink

Outperform

$12

Maintains

Sep 8, 2022
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$15

Maintains

Mar 24, 2022
Thomas Smith
SVB Leerink

Outperform

$14

Maintains

Jan 5, 2022

Cantor Fitzgerald

Overweight


Initiates

Sep 15, 2021

JonesTrading

Buy


Initiates

Mar 3, 2021

EQ Company Information

What They Do: Develops treatments for autoimmune and inflammatory disorders.

Business Model: Equillium, Inc. is a clinical-stage biotechnology company focused on the development of innovative therapies for severe autoimmune and immuno-inflammatory conditions with significant unmet medical needs. The company generates revenue through the advancement of its product candidates, including its lead monoclonal antibody itolizumab, which is currently undergoing Phase III trials. Additionally, Equillium explores partnerships and collaborations, such as its agreement with Vivtex Corporation to develop specialized therapeutic formulations.

Other Information: The company's pipeline includes several candidates targeting various indications, including ulcerative colitis, lupus nephritis, cutaneous T cell lymphoma, and alopecia areata. Equillium, Inc. was incorporated in 2017 and is based in La Jolla, California, reflecting its commitment to innovation in the biopharmaceutical sector.
EQ
Equillium Inc (EQ)

When did it IPO

2018

Staff Count

45

Country

United States

Sector/Industry

Healthcare/Biotechnology

CEO

Mr. Bruce D. Steel C.F.A.

Market Cap

$26.0M

Equillium Inc (EQ) Financial Data

In 2023, EQ generated $36.1M in revenue, which was a increase of 128.97% from the previous year. This can be seen as a signal that EQ'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

$0

Revenue From 2021

$0

0.00 %
From Previous Year

Revenue From 2022

$15.8M

0.00 %
From Previous Year

Revenue From 2023

$36.1M

128.97 %
From Previous Year
  • Revenue TTM $42.6M
  • Operating Margin TTM -0.7%
  • Gross profit TTM $0
  • Return on assets TTM -12.0%
  • Return on equity TTM -33.7%
  • Profit Margin -19.5%
  • Book Value Per Share 0.64%
  • Market capitalisation $26.0M
  • Revenue for 2021 $0
  • Revenue for 2022 $15.8M
  • Revenue for 2023 $36.1M
  • EPS this year (TTM) $-0.12

Equillium Inc (EQ) Latest News

News Image

Wed, 13 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Equillium, Inc. (Nasdaq: EQ) reported Q3 2024 financial results and announced the termination of its partnership with Ono Pharmaceutical after securing non-dilutive financing.

Why It Matters - Equillium's financial results and the end of its partnership with Ono Pharmaceutical signal potential shifts in funding and strategic direction, impacting future growth prospects and investor confidence.

News Image

Wed, 13 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Equillium, Inc. (Nasdaq: EQ) will present at the Stifel Healthcare Conference on November 18-19, 2024, discussing its clinical programs and the Phase 3 EQUATOR study of itolizumab.

Why It Matters - Equillium's presentation at the Stifel Healthcare Conference may highlight progress in its Phase 3 EQUATOR study, potentially influencing investor sentiment and stock performance.

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Equillium Inc. (Nasdaq: EQ) presented a poster at the Society for Immunotherapy of Cancer meeting, showcasing data on its immunobiology-based therapeutics for autoimmune disorders.

Why It Matters - Equillium's presentation at a prominent immunotherapy conference highlights potential advancements in their drug pipeline, which could influence stock performance and investor confidence.

News Image

Wed, 06 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Equillium (EQ) may lack the necessary factors for a potential earnings beat in its upcoming report, indicating possible challenges ahead for investors.

Why It Matters - Equillium's lack of key factors for an earnings beat may lead to disappointing results, potentially impacting stock performance and investor sentiment.

News Image

Thu, 31 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Equillium Inc. (Nasdaq: EQ) announced that Ono Pharmaceutical has opted not to acquire its rights to itolizumab. The decision is unrelated to clinical data.

Why It Matters - Equillium's loss of a potential partnership with Ono could impact its funding and development plans, raising concerns about its ability to advance its therapies, affecting investor confidence.

News Image

Mon, 07 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Equillium Inc. (Nasdaq: EQ) announced an abstract acceptance for a poster presentation at the Society for Immunotherapy of Cancer meeting in Houston from November 6-10, 2024.

Why It Matters - Equillium's abstract acceptance for a major immunotherapy conference highlights its research credibility, potentially boosting investor confidence and influencing stock performance.

...

EQ Frequently asked questions

The highest forecasted price for EQ is $5 from Raghuram Selvaraju at HC Wainwright & Co..

The lowest forecasted price for EQ is $2 from from

The EQ analyst ratings consensus are 3 buy ratings, 1 hold ratings, and 0 sell ratings.