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Spruce Biosciences Inc has a consensus price target of $3.7 based on the ratings of 9 analysts. The high is $9 issued by SVB Leerink on September 8, 2023. The low is $0.5 issued by RBC Capital on April 16, 2025. The 3 most-recent analyst ratings were released by RBC Capital, JMP Securities, and RBC Capital on April 16, 2025, December 11, 2024, and December 11, 2024, respectively. With an average price target of $1.67 between RBC Capital, JMP Securities, and RBC Capital, there's an implied 2250.73% upside for Spruce Biosciences Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
---|---|---|---|---|---|---|---|---|
04/16/2025 | Buy Now | 605.22% | RBC Capital | Gregory Renza50% | $1.5 → $0.5 | Maintains | Sector Perform | Get Alert |
12/16/2024 | Buy Now | — | HC Wainwright & Co. | Raghuram Selvaraju43% | — | Reiterates | Neutral → Neutral | Get Alert |
12/12/2024 | Buy Now | — | Guggenheim | Evan Wang8% | — | Reiterates | Neutral → Neutral | Get Alert |
12/11/2024 | Buy Now | 4131.31% | JMP Securities | Jonathan Wolleben70% | $3 → $3 | Downgrade | Market Outperform → Market Perform | Get Alert |
12/11/2024 | Buy Now | 2015.66% | RBC Capital | Gregory Renza50% | $2 → $1.5 | Reiterates | Sector Perform → Sector Perform | Get Alert |
12/11/2024 | Buy Now | — | Oppenheimer | Hartaj Singh46% | — | Downgrade | Outperform → Perform | Get Alert |
11/12/2024 | Buy Now | 2720.87% | RBC Capital | Gregory Renza50% | $2 → $2 | Reiterates | Sector Perform → Sector Perform | Get Alert |
08/19/2024 | Buy Now | — | HC Wainwright & Co. | Raghuram Selvaraju43% | — | Reiterates | → Neutral | Get Alert |
08/13/2024 | Buy Now | 2720.87% | RBC Capital | Gregory Renza50% | $2 → $2 | Reiterates | Sector Perform → Sector Perform | Get Alert |
06/13/2024 | Buy Now | 4131.31% | Oppenheimer | Hartaj Singh46% | $4 → $3 | Maintains | Outperform | Get Alert |
06/05/2024 | Buy Now | — | HC Wainwright & Co. | Raghuram Selvaraju43% | — | Reiterates | → Neutral | Get Alert |
05/14/2024 | Buy Now | — | HC Wainwright & Co. | Raghuram Selvaraju43% | — | Reiterates | → Neutral | Get Alert |
03/14/2024 | Buy Now | 2720.87% | RBC Capital | Gregory Renza50% | $9 → $2 | Downgrade | Outperform → Sector Perform | Get Alert |
03/14/2024 | Buy Now | 4131.31% | JMP Securities | Jonathan Wolleben70% | $8 → $3 | Maintains | Market Outperform | Get Alert |
03/14/2024 | Buy Now | — | HC Wainwright & Co. | Raghuram Selvaraju43% | — | Downgrade | Buy → Neutral | Get Alert |
03/14/2024 | Buy Now | 2720.87% | Leerink Partners | Joseph Schwartz65% | $9 → $2 | Downgrade | Outperform → Market Perform | Get Alert |
03/14/2024 | Buy Now | — | Ladenburg Thalmann | Aydin Huseynov34% | — | Downgrade | Buy → Neutral | Get Alert |
03/14/2024 | Buy Now | — | Guggenheim | Evan Wang8% | — | Downgrade | Buy → Neutral | Get Alert |
03/05/2024 | Buy Now | 12593.94% | RBC Capital | Gregory Renza50% | $9 → $9 | Reiterates | Outperform → Outperform | Get Alert |
02/26/2024 | Buy Now | 12593.94% | RBC Capital | Gregory Renza50% | $8 → $9 | Maintains | Outperform | Get Alert |
02/21/2024 | Buy Now | 14004.37% | Guggenheim | Evan Wang8% | → $10 | Initiates | → Buy | Get Alert |
11/20/2023 | Buy Now | 14004.37% | HC Wainwright & Co. | Raghuram Selvaraju43% | → $10 | Reiterates | Buy → Buy | Get Alert |
09/13/2023 | Buy Now | 11183.5% | RBC Capital | Gregory Renza50% | → $8 | Reiterates | Outperform → Outperform | Get Alert |
09/13/2023 | Buy Now | 14004.37% | HC Wainwright & Co. | Raghuram Selvaraju43% | → $10 | Reiterates | Buy → Buy | Get Alert |
09/08/2023 | Buy Now | 12593.94% | SVB Leerink | Joseph Schwartz65% | $3 → $9 | Upgrade | Market Perform → Outperform | Get Alert |
08/18/2023 | Buy Now | 9773.06% | Oppenheimer | Hartaj Singh46% | $8 → $7 | Maintains | Outperform | Get Alert |
08/18/2023 | Buy Now | 14004.37% | HC Wainwright & Co. | Raghuram Selvaraju43% | → $10 | Reiterates | Buy → Buy | Get Alert |
08/16/2023 | Buy Now | 11183.5% | JMP Securities | Jonathan Wolleben70% | $7 → $8 | Maintains | Outperform | Get Alert |
08/15/2023 | Buy Now | 11183.5% | RBC Capital | Gregory Renza50% | → $8 | Reiterates | Outperform → Outperform | Get Alert |
06/13/2023 | Buy Now | 14004.37% | HC Wainwright & Co. | Raghuram Selvaraju43% | → $10 | Reiterates | Buy → Buy | Get Alert |
05/23/2023 | Buy Now | 11183.5% | Oppenheimer | Hartaj Singh46% | → $8 | Reiterates | Outperform → Outperform | Get Alert |
05/16/2023 | Buy Now | 11183.5% | RBC Capital | Gregory Renza50% | → $8 | Reiterates | Outperform → Outperform | Get Alert |
05/16/2023 | Buy Now | 9773.06% | JMP Securities | Jonathan Wolleben70% | → $7 | Reiterates | Market Outperform → Market Outperform | Get Alert |
05/16/2023 | Buy Now | 5541.75% | Credit Suisse | Tiago Fauth44% | → $4 | Reiterates | Outperform → Outperform | Get Alert |
03/23/2023 | Buy Now | 14004.37% | HC Wainwright & Co. | Raghuram Selvaraju43% | $20 → $10 | Maintains | Buy | Get Alert |
03/20/2023 | Buy Now | 11183.5% | RBC Capital | Gregory Renza50% | → $8 | Reiterates | → Outperform | Get Alert |
03/17/2023 | Buy Now | 9773.06% | JMP Securities | Jonathan Wolleben70% | → $7 | Maintains | Market Outperform | Get Alert |
03/17/2023 | Buy Now | 5541.75% | Credit Suisse | Tiago Fauth44% | → $4 | Reiterates | → Outperform | Get Alert |
02/13/2023 | Buy Now | 11183.5% | RBC Capital | Gregory Renza50% | $9 → $8 | Maintains | Outperform | Get Alert |
01/08/2023 | Buy Now | 11183.5% | JMP Securities | Jonathan Wolleben70% | $8 → $8 | Maintains | Outperform | Get Alert |
11/17/2022 | Buy Now | 11183.5% | Oppenheimer | Hartaj Singh46% | $13 → $8 | Maintains | Outperform | Get Alert |
11/16/2022 | Buy Now | 11183.5% | JMP Securities | Jonathan Wolleben70% | → $8 | Initiates | → Market Outperform | Get Alert |
The latest price target for Spruce Biosciences (OTCPK:SPRB) was reported by RBC Capital on April 16, 2025. The analyst firm set a price target for $0.50 expecting SPRB to rise to within 12 months (a possible 605.22% upside). 12 analyst firms have reported ratings in the last year.
The latest analyst rating for Spruce Biosciences (OTCPK:SPRB) was provided by RBC Capital, and Spruce Biosciences maintained their sector perform rating.
The last upgrade for Spruce Biosciences Inc happened on September 8, 2023 when SVB Leerink raised their price target to $9. SVB Leerink previously had a market perform for Spruce Biosciences Inc.
The last downgrade for Spruce Biosciences Inc happened on December 11, 2024 when JMP Securities changed their price target from $3 to $3 for Spruce Biosciences Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Spruce Biosciences, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Spruce Biosciences was filed on April 16, 2025 so you should expect the next rating to be made available sometime around April 16, 2026.
While ratings are subjective and will change, the latest Spruce Biosciences (SPRB) rating was a maintained with a price target of $1.50 to $0.50. The current price Spruce Biosciences (SPRB) is trading at is $0.07, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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