▲ +42.55% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Graybug Vision in the last 3 months. The average price target is $33.50, with a high forecast of $41.00 and a low forecast of $27.00. The average price target represents a 42.55% upside from the last price of $23.50.
The current consensus among 6 polled investment analysts is to buy stock in Graybug Vision.
Graybug Vision, Inc., a clinical stage biopharmaceutical company, develops medicines for the treatment of diseases of the retina and optic nerve. Its lead product candidate is GB-102, an intravitreal injection of a microparticle depot formulation of sunitinib that is in Phase I/IIa and IIb clinical trials for the treatment of wet age-related macular degeneration, as well as in Phase IIa clinical trial to treat diabetic macular edema. The company is also developing GB-103, a once-a-year formulation of GB-102, for the treatment of diabetic retinopathy; and GB-401, a depot formulation of a beta-adrenergic receptor inhibitor to treat primary open-angle glaucoma. The company was formerly known as Graybug LLC and changed its name to Graybug Vision, Inc. in 2016. Graybug Vision, Inc. was founded in 2011 and is based in Redwood City, California.