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Home โบ Stocks โบ Protalix Biotherapeutics Inc. (PLX) Stock Forecast & Price Prediction United States | NYSE | Healthcare | Biotechnology
$1.72
-1.17 (-40.48%)10 Quality Stocks Worth Considering Now
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Based on our analysis of 2 Wall Street analysts, PLX has a bullish consensus with a median price target of $14.50 (ranging from $14.00 to $15.00). The overall analyst rating is Strong Buy (8.0/10). Currently trading at $1.72, the median forecast implies a 743.0% upside. This outlook is supported by 1 Buy, 0 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Raghuram Selvaraju at HC Wainwright & Co., projecting a 772.1% 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.
These are the latest 20 analyst ratings and price targets for PLX.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Feb 3, 2025 | HC Wainwright & Co. | Raghuram Selvaraju | Buy | Maintains | $15.00 |
Nov 14, 2023 | HC Wainwright & Co. | Raghuram Selvaraju | Buy | Reiterates | $10.00 |
Oct 31, 2023 | HC Wainwright & Co. | Raghuram Selvaraju | Buy | Maintains | $10.00 |
May 3, 2021 | HC Wainwright & Co. | Raghuram Selvaraju | Buy | Maintains | $7.00 |
Jun 8, 2020 | HC Wainwright & Co. | Buy | Maintains | $11.00 | |
Apr 17, 2017 | Rodman & Renshaw | Raghuram Selvaraju | Buy | Reiterates | $5.00 |
Sep 6, 2016 | Jefferies | Buy | Maintains | $0.80 | |
May 13, 2014 | JP Morgan | Overweight | Maintains | $7.00 | |
May 12, 2014 | Jefferies | Hold | Maintains | $4.25 | |
Nov 9, 2012 | Jefferies | Hold | Maintains | $5.50 | |
Jul 16, 2012 | Aegis Capital | Hold | Maintains | $5.50 |
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Protalix Biotherapeutics Inc. has a market capitalization of $136.77M with a P/E ratio of 43.0x. The company generates $53.40M in trailing twelve-month revenue with a 5.5% profit margin.
Revenue growth is +73.7% quarter-over-quarter, while maintaining an operating margin of +39.6% and return on equity of +7.6%.
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Develops therapeutic proteins using plant-based technology.
The company utilizes a proprietary plant cell-based expression system to develop and manufacture therapeutic proteins. This innovative approach allows Protalix to produce recombinant proteins more cost-effectively and at a larger scale than traditional methods. They primarily focus on rare diseases, with a significant product targeting Gaucher disease, and collaborate with global pharmaceutical partners to commercialize their therapies.
Based in Israel's biotechnology hub, Protalix is dedicated to advancing treatment options for rare genetic conditions and is committed to expanding the therapeutic potential of its platform. The companyโs research and development efforts are aimed at addressing unmet medical needs, positioning it as a significant player in the biopharmaceutical industry.
Healthcare
Biotechnology
213
Mr. Dror Bashan
United States
1998
Protalix Biotherapeutics plans to launch a Phase II trial for its gout treatment PRX-115 this year, reporting Q1 product sales of $10M, up 170% year-over-year.
Protalix's upcoming Phase II trial for PRX-115 and a 170% revenue surge indicate strong growth potential, enhancing investor confidence in the companyโs future performance.
Protalix BioTherapeutics will hold its Q1 2025 earnings conference call on May 9, 2025, at 8:30 AM ET, featuring key executives and a Q&A session.
The earnings call provides insights into Protalix's financial health and strategic direction, influencing investor sentiment and stock performance.
Protalix BioTherapeutics will host a conference call and webcast today at 8:30 a.m. EDT to discuss Q1 2025 financial results and provide business and clinical updates.
The conference call will provide insights into Protalix BioTherapeutics' financial performance and strategic direction, impacting investor sentiment and stock valuation.
Protalix BioTherapeutics will release Q1 2025 financial results and provide a business update on May 9, 2025, with a conference call at 8:30 a.m. EDT.
The upcoming financial results and business update from Protalix BioTherapeutics could influence stock performance and investor sentiment, highlighting the company's progress and financial health.
Protalix BioTherapeutics is rated a Strong Buy, supported by stable income, profitability, and promising pipeline programs PRX-115 and PRX-119, alongside recurring revenue from Elelyso and Elfabrio.
Protalix BioTherapeutics' Strong Buy rating reflects stable income and profitability, promising pipeline programs, and debt-free status, signaling growth potential and revenue stability for investors.
Protalix BioTherapeutics (NYSE: PLX) will participate in the iAccess Alpha Virtual Best Ideas Spring Investment Conference on March 25-26, 2025, showcasing its recombinant therapeutic proteins.
Protalix BioTherapeutics' participation in a notable investor conference highlights its visibility and credibility, potentially attracting interest and investment, which can drive stock performance.
Based on our analysis of 2 Wall Street analysts, Protalix Biotherapeutics Inc. (PLX) has a median price target of $14.50. The highest price target is $15.00 and the lowest is $14.00.
According to current analyst ratings, PLX has 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $1.72. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict PLX stock could reach $14.50 in the next 12 months. This represents a 743.0% increase from the current price of $1.72. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company utilizes a proprietary plant cell-based expression system to develop and manufacture therapeutic proteins. This innovative approach allows Protalix to produce recombinant proteins more cost-effectively and at a larger scale than traditional methods. They primarily focus on rare diseases, with a significant product targeting Gaucher disease, and collaborate with global pharmaceutical partners to commercialize their therapies.
The highest price target for PLX is $15.00 from Raghuram Selvaraju at HC Wainwright & Co., which represents a 772.1% increase from the current price of $1.72.
The lowest price target for PLX is $14.00 from at , which represents a 714.0% increase from the current price of $1.72.
The overall analyst consensus for PLX is bullish. Out of 2 Wall Street analysts, 1 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $14.50.
Stock price projections, including those for Protalix Biotherapeutics 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.