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Galectin Therapeutics Inc (GALT) Stock Forecast & Price Prediction

Live GALT Stock Price & Analysis

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$1.99

+0.04 (2.05%)

12 Month Price Forecast For GALT

$1.99
Current Price
$121.13M
Market Cap
1 Ratings
Buy 1
Hold 0
Sell 0
Wall St Analyst Ratings

Distance to GALT Price Forecasts

+452.8%
To High Target of $11.00
+452.8%
To Median Target of $11.00
+452.8%
To Low Target of $11.00

GALT Price Momentum

-2.9%
1 Week Change
-31.4%
1 Month Change
+19.2%
1 Year Change
+19.9%
Year-to-Date Change
-53.4%
From 52W High of $4.27
+27.6%
From 52W Low of $1.56

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Disclaimer: 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.

Data last updated: December 13, 2024 12:37 PM UTC

GALT Analyst Ratings & Price Targets

Based on our analysis of 3 Wall Street analysts, GALT has a consensus that is bullish. The median price target is $11.00, with forecasts ranging from $11.00 to $11.00. Currently, there are 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings.

With GALT currently trading at $1.99, the median price forecast suggests a 452.8% upside. The most optimistic forecast comes from Ed Arce at HC Wainwright & Co., projecting a 452.8% upside, while Ed Arce at HC Wainwright & Co. provides the most conservative target, suggesting a 452.8% upside.

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.

GALT Analyst Consensus

1
Buy
0
Hold
0
Sell

GALT Price Target Range

Low
$11.00
Average
$11.00
High
$11.00
Current: $1.99

Latest GALT Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for GALT.

Date Firm Analyst Rating Change Price Target
Nov 15, 2024 HC Wainwright & Co. Ed Arce Buy Reiterates $11.00
Aug 16, 2024 HC Wainwright & Co. Ed Arce Buy Reiterates $11.00
Apr 9, 2024 HC Wainwright & Co. Ed Arce Buy Reiterates $11.00
Apr 1, 2024 HC Wainwright & Co. Ed Arce Buy Reiterates $11.00
Aug 15, 2023 HC Wainwright & Co. Ed Arce Buy Reiterates $11.00
May 17, 2023 HC Wainwright & Co. Ed Arce Buy Reiterates $11.00
Mar 3, 2023 HC Wainwright & Co. Ed Arce Buy Reiterates $11.00
May 17, 2022 HC Wainwright & Co. Ed Arce Buy Maintains $11.00
Apr 16, 2021 HC Wainwright & Co. Ed Arce Buy Maintains $14.00
Aug 13, 2020 HC Wainwright & Co. Buy Maintains $12.00
Apr 3, 2020 B. Riley Securities Mayank Mamtani Buy Maintains $4.00
Apr 3, 2020 B. Riley FBR Buy Maintains $0.00
Mar 17, 2020 HC Wainwright & Co. Ed Arce Buy Maintains $9.00
Feb 13, 2019 B. Riley FBR Buy Initiates $0.00
Feb 13, 2019 B. Riley Securities Buy Initiates $0.00
Oct 19, 2017 Roth Capital Buy Initiates $0.00
Oct 6, 2017 Seaport Global Buy Initiates $0.00
Mar 30, 2017 HC Wainwright & Co. Buy Upgrade $0.00
Mar 30, 2017 H.C. Wainwright Buy Upgrade $0.00
Oct 3, 2016 FBR Capital Market Perform Downgrade $0.00

Galectin Therapeutics Inc (GALT) Financial Data

Galectin Therapeutics Inc has a market capitalization of $121.13M with a P/E ratio of -2.7x. 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 +74.4%.

Valuation Metrics

Market Cap $121.13M
Enterprise Value $241.35M
P/E Ratio -2.7x
PEG Ratio -1.1x
Price/Sales 0.0x

Growth & Margins

Revenue Growth (YoY) N/A
Gross Margin N/A
Operating Margin 0.0%
Net Margin 0.0%
EPS Growth N/A

Financial Health

Cash/Price Ratio +20.7%
Current Ratio 1.9x
Debt/Equity -1.0x
ROE +74.4%
ROA -103.9%

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Galectin Therapeutics Inc logo

Galectin Therapeutics Inc (GALT) Company Overview

About Galectin Therapeutics Inc

What They Do

Develops therapies for fibrotic and cancer diseases.

Business Model

Galectin Therapeutics focuses on researching and developing novel therapies targeting galectin-3, particularly for conditions like NASH cirrhosis and liver fibrosis. The company generates potential revenue through the advancement of its clinical-stage product candidates, including its lead drug belapectin, which is currently undergoing multiple Phase 2 and 3 clinical trials.

Additional Information

Founded in 2000 and based in Norcross, Georgia, Galectin Therapeutics operates through a joint venture with SBH Sciences to innovate small organic molecule inhibitors for oral use. The company, originally named Pro-Pharmaceuticals, Inc., rebranded in 2011 to reflect its focus on galectin-targeted therapies.

Company Information

Sector

Healthcare

Industry

Biotechnology

Employees

14

CEO

Mr. Joel Lewis

Country

United States

IPO Year

2002

Galectin Therapeutics Inc (GALT) Latest News & Analysis

GALT stock latest news image

Here's Why Galectin Therapeutics (GALT) is Poised for a Turnaround After Losing -31.83% in 4 Weeks

4 days ago
Quick Summary

Galectin Therapeutics (GALT) is in oversold territory, with strong analyst consensus for higher earnings estimates, suggesting a potential trend reversal.

Why It Matters

Galectin Therapeutics (GALT) may be poised for a rebound due to oversold conditions and upward revisions in earnings estimates from analysts, signaling potential value for investors.

Source: Zacks Investment Research
Market Sentiment: Neutral
GALT stock latest news image

Galectin Therapeutics Presents Three Abstracts at the American Association for the Study of Liver Diseases (AASLD) 2024 Liver Meeting

25 days ago
Quick Summary

Galectin Therapeutics, Inc. (NASDAQ: GALT) presented three posters on its NAVIGATE trial for MASH cirrhosis and portal hypertension at the AASLD annual meeting from November 15-19, 2024.

Why It Matters

Galectin Therapeutics' presentation at a major medical conference highlights progress in its NAVIGATE trial, potentially influencing stock performance and investor sentiment around its drug development.

Source: GlobeNewsWire
Market Sentiment: Neutral
GALT stock latest news image

Galectin Therapeutics Reports Financial Results for the Quarter Ended September 30, 2024 and Provides Business Update

29 days ago
Quick Summary

Galectin Therapeutics (NASDAQ: GALT) reported Q3 2024 results, focusing on the NAVIGATE trial for belapectin in MASH cirrhosis. Topline results are expected next month, addressing a significant medical need.

Why It Matters

Galectin Therapeutics' progress on the NAVIGATE trial and potential new treatment for cirrhosis could significantly impact stock value, driven by investor anticipation of positive trial results.

Source: GlobeNewsWire
Market Sentiment: Neutral
GALT stock latest news image

Galectin Therapeutics Announces Acceptance of Three Abstracts for the American Association for the Study of Liver Diseases (AASLD) 2024 Liver Meeting

1 month ago
Quick Summary

Galectin Therapeutics, Inc. (NASDAQ: GALT) will present three abstracts from its NAVIGATE trial at the AASLD's annual meeting in San Diego, November 15-19, 2024.

Why It Matters

The acceptance of Galectin Therapeutics' trial abstracts at a major medical conference boosts credibility and visibility, potentially influencing stock performance and investor sentiment.

Source: GlobeNewsWire
Market Sentiment: Neutral
GALT stock latest news image

Galectin Therapeutics to Present at the H.C. Wainwright 26th Annual Global Investment Conference

3 months ago
Quick Summary

Galectin Therapeutics, Inc. (NASDAQ: GALT) will have CEO Joel Lewis and CMO Khurram Jamil attend the H.C. Wainwright 26th Annual Global Investment Conference from September 9-11, 2024.

Why It Matters

Leadership attendance at a major investment conference can enhance visibility, potentially attract investment, and signal company confidence in growth prospects, impacting stock performance.

Source: GlobeNewsWire
Market Sentiment: Neutral
GALT stock latest news image

Galectin Therapeutics Reports Financial Results for the Quarter Ended June 30, 2024 and Provides Business Update

4 months ago
Quick Summary

Galectin Therapeutics, Inc. (NASDAQ: GALT) reported its financial results and business update for Q2 2024, ending June 30. Further details on performance will be available in the full report.

Why It Matters

Galectin Therapeutics' financial results and business update could influence stock performance, affecting investor sentiment and potential market value.

Source: GlobeNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About GALT Stock

What is Galectin Therapeutics Inc's (GALT) stock forecast for 2025?

Based on our analysis of 3 Wall Street analysts, Galectin Therapeutics Inc (GALT) has a median price target of $11.00. The highest price target is $11.00 and the lowest is $11.00.

Is GALT stock a good investment in 2025?

According to current analyst ratings, GALT has 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $1.99. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for GALT stock?

Wall Street analysts predict GALT stock could reach $11.00 in the next 12 months. This represents a 452.8% increase from the current price of $1.99. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Galectin Therapeutics Inc's business model?

Galectin Therapeutics focuses on researching and developing novel therapies targeting galectin-3, particularly for conditions like NASH cirrhosis and liver fibrosis. The company generates potential revenue through the advancement of its clinical-stage product candidates, including its lead drug belapectin, which is currently undergoing multiple Phase 2 and 3 clinical trials.

What is the highest forecasted price for GALT Galectin Therapeutics Inc?

The highest price target for GALT is $11.00 from Ed Arce at HC Wainwright & Co., which represents a 452.8% increase from the current price of $1.99.

What is the lowest forecasted price for GALT Galectin Therapeutics Inc?

The lowest price target for GALT is $11.00 from Ed Arce at HC Wainwright & Co., which represents a 452.8% increase from the current price of $1.99.

What is the overall GALT consensus from analysts for Galectin Therapeutics Inc?

The overall analyst consensus for GALT is bullish. Out of 3 Wall Street analysts, 1 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $11.00.

How accurate are GALT stock price projections?

Stock price projections, including those for Galectin Therapeutics 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.