The NeuroBo Pharmaceuticals Inc (NRBO) share price is expected to increase by 945.75% over the next year. This is based on calculating the average 12-month share price estimate provided by 2 stock analysts who have covered NRBO. Price targets range from $10 at the low end to $48 at the high end. The current analyst consensus for NRBO is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
NRBO is a stock in Healthcare which has been forecasted to be worth $26.66667 as an average. On the higher end, the forecast price is $48 USD by from and on the lower end NRBO is forecasted to be $10 by Jason McCarthy from Maxim Group.
These are the latest 20 analyst ratings of NRBO.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Jason McCarthy Maxim Group | Buy | $10 | Initiates | May 8, 2024 |
Aydin Huseynov Ladenburg Thalmann | Buy | $6 | Initiates | Dec 7, 2022 |
Raghuram Selvaraju HC Wainwright & Co. | Buy | $16 | Maintains | Feb 1, 2021 |
HC Wainwright & Co. | Buy | Initiates | Jun 15, 2020 |
When did it IPO
2016
Staff Count
8
Country
United States
Sector/Industry
Healthcare/Biotechnology
CEO
Mr. Hyung-Heon Kim
Market Cap
$20.3M
In 2023, NRBO generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that NRBO'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
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - NeuroBo Pharmaceuticals, Inc. will change its name to MetaVia Inc. and adopt the new Nasdaq ticker symbol MTVA, effective November 29, 2024, ahead of key clinical milestones.
Why It Matters - The name change to MetaVia Inc. and the strategic realignment signal a potential shift in focus for NeuroBo Pharmaceuticals, which may affect investor confidence and future valuation.
Summary - NeuroBo Pharmaceuticals (Nasdaq: NRBO) will participate in the Life Science Virtual Investor Forum on November 14, 2024, as part of its focus on cardiometabolic diseases.
Why It Matters - NeuroBo Pharmaceuticals' conference participation may signal potential investor interest and future funding opportunities, impacting stock performance and market perception of the company's growth prospects.
Summary - NeuroBo Pharmaceuticals reported positive Phase 1 trial data for DA-1726 in obesity treatment, with $21.7M cash to fund operations into Q3 2025. Phase 2a results for DA-1241 expected December 2024.
Why It Matters - Positive trial results for DA-1726 signal potential for obesity treatment, boosting investor confidence. The cash position supports ongoing development, crucial for future growth and partnerships.
Summary - NeuroBo Pharmaceuticals has completed the final patient visit in its Phase 2a trial for DA-1241, targeting metabolic dysfunction-associated steatohepatitis, with data expected in December 2024.
Why It Matters - The upcoming data readout in December 2024 for NeuroBo Pharmaceuticals' trial could significantly influence the company's stock price and investor sentiment based on treatment potential.
Summary - NeuroBo Pharmaceuticals reported positive top-line data on safety and pharmacokinetics for DA-1726, a treatment for obesity. Phase 1 Part 3 to assess early proof of concept is planned for Q1 2025.
Why It Matters - Positive trial data for NeuroBo's DA-1726 indicates potential for effective obesity treatment, enhancing investor confidence in the company's prospects and future valuations.
Summary - NeuroBo Pharmaceuticals (Nasdaq: NRBO) will participate in investor conferences on October 7, 2024, focused on cardiometabolic diseases.
Why It Matters - NeuroBo Pharmaceuticals' participation in investor conferences can attract interest, potentially boost stock liquidity, and signal progress in their cardiometabolic research, influencing investment decisions.