Wall Street is positive on OptiNose Inc (OPTN). On average, analysts give OptiNose Inc a Strong Buy rating. The average price target is $18.8, which means analysts expect the stock to increase by 300.00% over the next twelve months.
That average ranking earns OptiNose Inc an Analyst Rating of 80, which is better than 80% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
Investors Observer averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With OptiNose Inc Stock Today?
OptiNose Inc (OPTN) stock is trading at $4.70 as of 10:08 AM on Wednesday, Jul 8, an increase of $0.16, or 3.52% from the previous closing price of $4.54. The stock has traded between $4.56 and $4.92 so far today. Volume today is less active than usual. So far 151,342 shares have traded compared to average volume of 668,851 shares.