Missed GME or NVDA? Donโt Miss the Next One.โ
Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities โ for free.
Home โบ Stocks โบ Prenetics Global Limited (PRE) Stock Forecast & Price Prediction Hong Kong | NASDAQ | Healthcare | Diagnostics & Research
$5.39
+0.20 (3.81%)10 Quality Stocks Worth Considering Now
Researching Prenetics (PRE) after the drop? Our ex-Goldman Sachs analyst reveals if it made our list of 10 oversold quality stocks with strong growth potential.
Get our FREE market selloff report + exclusive analysis on PRE and similar high-potential opportunities.
Based on our analysis of 2 Wall Street analysts, PRE has a bullish consensus with a median price target of $13.00 (ranging from $13.00 to $13.00). Currently trading at $5.39, the median forecast implies a 141.3% upside. This outlook is supported by 1 Buy, 0 Hold, and 0 Sell ratings.
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 PRE.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Jan 16, 2025 | Cantor Fitzgerald | Ross Osborn | Overweight | Reiterates | $9.00 |
Dec 4, 2024 | Cantor Fitzgerald | Ross Osborn | Overweight | Reiterates | $9.00 |
Apr 4, 2024 | Cantor Fitzgerald | Ross Osborn | Overweight | Maintains | $9.00 |
Sep 26, 2023 | Cantor Fitzgerald | Ross Osborn | Overweight | Reiterates | $4.00 |
Sep 19, 2023 | Cantor Fitzgerald | Ross Osborn | Overweight | Maintains | $4.00 |
Aug 22, 2023 | Cantor Fitzgerald | Overweight | Reiterates | $0.00 | |
Jan 18, 2023 | Cantor Fitzgerald | Ross Osborn | Overweight | Initiates | $7.00 |
Jul 28, 2015 | Barclays | Overweight | Maintains | $140.00 | |
Jul 9, 2015 | Deutsche Bank | Hold | Maintains | $6.10 | |
Jun 18, 2015 | Keefe, Bruyette & Woods | Market Perform | Maintains | $140.00 | |
May 13, 2015 | BMO Capital | Market Perform | Maintains | $137.50 | |
May 6, 2015 | Deutsche Bank | Hold | Maintains | $6.50 | |
Apr 22, 2015 | UBS | Neutral | Downgrade | $0.00 | |
Apr 20, 2015 | Deutsche Bank | Hold | Maintains | $130.00 | |
Apr 17, 2015 | BMO Capital | Market Perform | Downgrade | $130.00 | |
Mar 26, 2015 | BMO Capital | Outperform | Upgrade | $122.00 | |
Feb 5, 2015 | JMP Securities | Market Perform | Downgrade | $0.00 | |
Jan 20, 2015 | Deutsche Bank | Hold | Maintains | $6.10 | |
Jan 8, 2015 | Barclays | Overweight | Maintains | $125.00 | |
Dec 9, 2014 | JP Morgan | Neutral | Initiates | $0.00 |
The following stocks are similar to Prenetics based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Prenetics Global Limited has a market capitalization of $71.04M with a P/E ratio of 1.1x. The company generates $30.62M in trailing twelve-month revenue with a -151.2% profit margin.
Revenue growth is +98.7% quarter-over-quarter, while maintaining an operating margin of -158.0% and return on equity of -26.1%.
Get All 10 Quality Stocks For This Market Selloff
Still researching investments after the market drop? Our ex-Goldman Sachs analyst has already identified the 10 highest-quality oversold stocks with strong fundamentals and upside potential.
Why spend hours researching when we've already done the work? Get instant access to our complete market selloff analysis.
Biotechnology company specializing in genetic testing.
Prenetics Global Limited generates revenue through its genetic and diagnostic testing services. By offering personalized health solutions and rapidly accessible testing kits, the company taps into both individual consumers and businesses within the healthcare sector. Their focus on precision medicine allows them to cater to a growing demand for reliable health data, thus creating multiple streams of income.
Headquartered in Hong Kong, Prenetics operates globally and emphasizes innovation and strategic partnerships to enhance its market position. The company's offerings address critical health needs and adapt to emerging public health challenges, making it a significant player in the biotechnology and healthcare sectors.
Healthcare
Diagnostics & Research
285
Mr. Sheng Wu Yeung
Hong Kong
2022
Two renowned clinical experts, Dr. Jeremy London and Dr. Amy Shah, are joining a team with backgrounds from prestigious institutions like Mayo Clinic and Yale University.
The addition of renowned clinical experts enhances the company's credibility and innovation potential, likely boosting investor confidence and market value.
Revenue increased 93.5% to $10.5 million in Q4 and 40.9% year-over-year to $30.6 million for 2024.
Strong revenue growth signals robust company performance, likely boosting investor confidence and potential stock appreciation.
Prenetics Global Limited (NASDAQ: PRE) has announced a partnership with Humanity Protocol to use its genetic testing for decentralized identity verification, enhancing its service offerings.
Prenetics' partnership with Humanity Protocol enhances its market position, potentially boosting revenue and attracting investment in the growing genomics and blockchain sectors.
David Beckham co-founded the premium supplements brand IM8, which offers NSF Certified for Sportยฎ products. IM8 ships to 31 regions and is trusted by elite athletes across various sports.
The certification of IM8's product enhances brand credibility, attracting health-conscious consumers and athletes, potentially boosting sales and market share in a competitive supplements industry.
Prenetics' IM8 has launched a month-long space experiment aboard the ISS, in partnership with the University of Oxford, to study accelerated aging in microgravity, following its launch on November 4.
The experiment's focus on accelerated aging and longevity in space could lead to breakthroughs in healthcare, potentially driving innovation and investment in biotechnology and related sectors.
Prenetics Global Limited (NASDAQ: PRE) will have its management team participate in two upcoming investor conferences, enhancing visibility for the company.
Management participation in investor conferences signals transparency and potential growth opportunities, which can influence investor confidence and stock price movements.
Based on our analysis of 2 Wall Street analysts, Prenetics Global Limited (PRE) has a median price target of $13.00. The highest price target is $13.00 and the lowest is $13.00.
According to current analyst ratings, PRE has 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $5.39. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict PRE stock could reach $13.00 in the next 12 months. This represents a 141.3% increase from the current price of $5.39. Please note that this is a projection by Wall Street analysts and not a guarantee.
Prenetics Global Limited generates revenue through its genetic and diagnostic testing services. By offering personalized health solutions and rapidly accessible testing kits, the company taps into both individual consumers and businesses within the healthcare sector. Their focus on precision medicine allows them to cater to a growing demand for reliable health data, thus creating multiple streams of income.
The highest price target for PRE is $13.00 from at , which represents a 141.3% increase from the current price of $5.39.
The lowest price target for PRE is $13.00 from at , which represents a 141.3% increase from the current price of $5.39.
The overall analyst consensus for PRE 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 $13.00.
Stock price projections, including those for Prenetics Global Limited, 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.