Analysts Say That Relmada Therapeutics Inc (NASDAQ:RLMD) Is Likely To Make It To 8 In 12 Months

In recent trading session, Relmada Therapeutics Inc (NASDAQ:RLMD) saw 0.6 million shares changing hands at last check today with its beta currently measuring 0.26. Company’s recent per share price level of $0.49 trading at $0.08 or 18.70% at last check today assigns it a market valuation of $16.29M. That most recent trading price of RLMD’s stock is at a discount of -812.24% from its 52-week high price of $4.47 and is indicating a premium of 51.02% from its 52-week low price of $0.24.

For Relmada Therapeutics Inc (RLMD), analysts’ consensus is at an average recommendation of Sell while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.

Relmada Therapeutics Inc (NASDAQ:RLMD) trade information

Upright in the green today for gaining 18.70%, in the last five days RLMD remained trading in the green while hitting it’s week-highest on Friday, 05/16/25 when the stock touched $0.49 price level, subtracting -7.46% to its value on the day. Relmada Therapeutics Inc’s shares saw a change of -5.63% in year-to-date performance and have moved 16.97% in past 5-day. Relmada Therapeutics Inc (NASDAQ:RLMD) showed a performance of 68.05% in past 30-days.

Wall Street analysts have assigned a consensus price target of 7 to the stock, which implies a rise of 93.0% to its recent value today. Analysts have been projecting 2 as a low price target for the stock while placing it at a high target of 8. It follows that stock’s current price would drop -308.16% in reaching the projected high whereas dropping to the targeted low would mean a loss of -308.16% for stock’s current value.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0.68% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 27.17% while estimates for its earnings growth in next 5 years are of 31.28%.

Relmada Therapeutics Inc (NASDAQ:RLMD)’s Major holders

VANGUARD GROUP INC is the top institutional holder at RLMD for having 1.26 million shares of worth $3.77 million. And as of 2024-06-30, it was holding 16.6593 of the company’s outstanding shares.

The second largest institutional holder is DEEP TRACK CAPITAL, LP, which was holding about 1.23 million shares on 2024-06-30. The number of shares represents firm’s hold over 16.3686 of outstanding shares, having a total worth of $3.7 million.

On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Franklin Strategic Series-FRANKLIN BIOTECHNOLOGY DISCOVERY FUND are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 851.92 shares of worth $0.42 million or 8.61% of the total outstanding shares. The later fund manager was in possession of 456.4 shares on Jan 31, 2025 , making its stake of worth around $0.22 million in the company or a holder of 4.61% of company’s stock.