What are the short-term price targets set by analysts for ASRT's stock following the earnings report?
7/2/2025 03:44am
The short-term price targets set by analysts for ASRT's stock following the earnings report are as follows:
1. **Alliance Global Partners' Price Target Adjustment**: Alliance Global Partners reduced its price target for Assertio from $1.75 to $1.50, maintaining a Buy rating. This adjustment reflects the analyst's perspective on Assertio's performance following the Q1 earnings report, which highlighted revenue shortfalls primarily due to underperformance by Rolvedon.
2. **Analysts' Average Short-Term Price Target**: The average short-term price target for Assertio Holdings Inc (ASRT) following the earnings report is $2.81, with a high estimate of $3.50 and a low estimate of $1.75. This average target implies a significant upside of 357.02% from the current stock price of $0.62.
3. **GuruFocus' Estimated GF Value**: GuruFocus estimates the GF Value for Assertio Holdings Inc in one year to be $1.12, suggesting an upside of 82% from the current price of $0.6154.
In summary, the short-term price targets for ASRT's stock following the earnings report range from $1.50 to $2.81, with analysts indicating a strong upside potential from the current price level.