Virax Biolabs Stock Target Price and Analyst Consensus

VRAX Stock  USD 2.02  0.09  4.27%   
The current analyst and expert consensus on Virax Biolabs is Strong Sell, with no strong buy opinions. The current projected Virax Biolabs target price consensus is 20.00 with 0 analyst opinions. Check out Macroaxis Advice on Virax Biolabs to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way Virax Biolabs Group analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Virax Biolabs executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Virax Biolabs. We encourage you to use your own analysis of Virax Biolabs Group to validate this buy or sell advice. Virax Biolabs buy-or-sell recommendation module provides average expert sentiment on the projected Virax Biolabs Group target price to derive its highest and lowest estimates based on projected price volatility of 9.3036.
Lowest Forecast
18.2
Highest Forecast
22.2
Target Price
20
At this time, Virax Biolabs' Gross Profit is fairly stable compared to the past year. Gross Profit Margin is likely to rise to 0.34 in 2024, whereas Pretax Profit Margin is likely to drop (45.24) in 2024. At this time, Virax Biolabs' Other Current Assets are fairly stable compared to the past year.
  
It's important to approach Virax Biolabs' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Virax Biolabs price targets

Virax Biolabs' stock target price is an estimate of its future price, usually made by analysts. Using Virax Biolabs' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Virax Biolabs' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Virax Biolabs' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Virax Biolabs Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Virax Biolabs is a key component of Virax Biolabs valuation and have some predictive power on the future returns of a Virax Biolabs.
Hype
Prediction
LowEstimatedHigh
0.102.0411.28
Details
Intrinsic
Valuation
LowRealHigh
0.326.4915.73
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Virax Biolabs. Your research has to be compared to or analyzed against Virax Biolabs' peers to derive any actionable benefits. When done correctly, Virax Biolabs' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Virax Biolabs Group.

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Additional Tools for Virax Stock Analysis

When running Virax Biolabs' price analysis, check to measure Virax Biolabs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Virax Biolabs is operating at the current time. Most of Virax Biolabs' value examination focuses on studying past and present price action to predict the probability of Virax Biolabs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virax Biolabs' price. Additionally, you may evaluate how the addition of Virax Biolabs to your portfolios can decrease your overall portfolio volatility.