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Spruce Biosciences Analyst Ratings

SPRBOTCPK
Logo brought to you by Benzinga Data
$0.0709
-0.00100-1.39%
At close: -
Q1 2025 Earnings were released on Tue May 6th, after the market close
Consensus Rating1
Outperform
Highest Price Target1
$9.00
Lowest Price Target1
$0.50
Consensus Price Target1
$3.70

Spruce Biosciences Analyst Ratings and Price Targets | OTC:SPRB | Benzinga

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.

Analyst Trends and Forecast
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0
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Nov 24
3
Dec 24
0
0
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Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
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1.9
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

RBC Capital
JMP Securities
Leerink Partners
SVB Leerink
Credit Suisse

1calculated from analyst ratings

Analyst Ratings for Spruce Biosciences

Buy NowGet Alert
04/16/2025Buy Now605.22%RBC Capital
Gregory Renza50%
$1.5 → $0.5MaintainsSector PerformGet Alert
12/16/2024Buy Now—HC Wainwright & Co.
Raghuram Selvaraju43%
—ReiteratesNeutral → NeutralGet Alert
12/12/2024Buy Now—Guggenheim
Evan Wang8%
—ReiteratesNeutral → NeutralGet Alert
12/11/2024Buy Now4131.31%JMP Securities
Jonathan Wolleben70%
$3 → $3DowngradeMarket Outperform → Market PerformGet Alert
12/11/2024Buy Now2015.66%RBC Capital
Gregory Renza50%
$2 → $1.5ReiteratesSector Perform → Sector PerformGet Alert
12/11/2024Buy Now—Oppenheimer
Hartaj Singh46%
—DowngradeOutperform → PerformGet Alert
11/12/2024Buy Now2720.87%RBC Capital
Gregory Renza50%
$2 → $2ReiteratesSector Perform → Sector PerformGet Alert
08/19/2024Buy Now—HC Wainwright & Co.
Raghuram Selvaraju43%
—Reiterates → NeutralGet Alert
08/13/2024Buy Now2720.87%RBC Capital
Gregory Renza50%
$2 → $2ReiteratesSector Perform → Sector PerformGet Alert
06/13/2024Buy Now4131.31%Oppenheimer
Hartaj Singh46%
$4 → $3MaintainsOutperformGet Alert
06/05/2024Buy Now—HC Wainwright & Co.
Raghuram Selvaraju43%
—Reiterates → NeutralGet Alert
05/14/2024Buy Now—HC Wainwright & Co.
Raghuram Selvaraju43%
—Reiterates → NeutralGet Alert
03/14/2024Buy Now2720.87%RBC Capital
Gregory Renza50%
$9 → $2DowngradeOutperform → Sector PerformGet Alert
03/14/2024Buy Now4131.31%JMP Securities
Jonathan Wolleben70%
$8 → $3MaintainsMarket OutperformGet Alert
03/14/2024Buy Now—HC Wainwright & Co.
Raghuram Selvaraju43%
—DowngradeBuy → NeutralGet Alert
03/14/2024Buy Now2720.87%Leerink Partners
Joseph Schwartz65%
$9 → $2DowngradeOutperform → Market PerformGet Alert
03/14/2024Buy Now—Ladenburg Thalmann
Aydin Huseynov34%
—DowngradeBuy → NeutralGet Alert
03/14/2024Buy Now—Guggenheim
Evan Wang8%
—DowngradeBuy → NeutralGet Alert
03/05/2024Buy Now12593.94%RBC Capital
Gregory Renza50%
$9 → $9ReiteratesOutperform → OutperformGet Alert
02/26/2024Buy Now12593.94%RBC Capital
Gregory Renza50%
$8 → $9MaintainsOutperformGet Alert
02/21/2024Buy Now14004.37%Guggenheim
Evan Wang8%
→ $10Initiates → BuyGet Alert
11/20/2023Buy Now14004.37%HC Wainwright & Co.
Raghuram Selvaraju43%
→ $10ReiteratesBuy → BuyGet Alert
09/13/2023Buy Now11183.5%RBC Capital
Gregory Renza50%
→ $8ReiteratesOutperform → OutperformGet Alert
09/13/2023Buy Now14004.37%HC Wainwright & Co.
Raghuram Selvaraju43%
→ $10ReiteratesBuy → BuyGet Alert
09/08/2023Buy Now12593.94%SVB Leerink
Joseph Schwartz65%
$3 → $9UpgradeMarket Perform → OutperformGet Alert
08/18/2023Buy Now9773.06%Oppenheimer
Hartaj Singh46%
$8 → $7MaintainsOutperformGet Alert
08/18/2023Buy Now14004.37%HC Wainwright & Co.
Raghuram Selvaraju43%
→ $10ReiteratesBuy → BuyGet Alert
08/16/2023Buy Now11183.5%JMP Securities
Jonathan Wolleben70%
$7 → $8MaintainsOutperformGet Alert
08/15/2023Buy Now11183.5%RBC Capital
Gregory Renza50%
→ $8ReiteratesOutperform → OutperformGet Alert
06/13/2023Buy Now14004.37%HC Wainwright & Co.
Raghuram Selvaraju43%
→ $10ReiteratesBuy → BuyGet Alert
05/23/2023Buy Now11183.5%Oppenheimer
Hartaj Singh46%
→ $8ReiteratesOutperform → OutperformGet Alert
05/16/2023Buy Now11183.5%RBC Capital
Gregory Renza50%
→ $8ReiteratesOutperform → OutperformGet Alert
05/16/2023Buy Now9773.06%JMP Securities
Jonathan Wolleben70%
→ $7ReiteratesMarket Outperform → Market OutperformGet Alert
05/16/2023Buy Now5541.75%Credit Suisse
Tiago Fauth44%
→ $4ReiteratesOutperform → OutperformGet Alert
03/23/2023Buy Now14004.37%HC Wainwright & Co.
Raghuram Selvaraju43%
$20 → $10MaintainsBuyGet Alert
03/20/2023Buy Now11183.5%RBC Capital
Gregory Renza50%
→ $8Reiterates → OutperformGet Alert
03/17/2023Buy Now9773.06%JMP Securities
Jonathan Wolleben70%
→ $7MaintainsMarket OutperformGet Alert
03/17/2023Buy Now5541.75%Credit Suisse
Tiago Fauth44%
→ $4Reiterates → OutperformGet Alert
02/13/2023Buy Now11183.5%RBC Capital
Gregory Renza50%
$9 → $8MaintainsOutperformGet Alert
01/08/2023Buy Now11183.5%JMP Securities
Jonathan Wolleben70%
$8 → $8MaintainsOutperformGet Alert
11/17/2022Buy Now11183.5%Oppenheimer
Hartaj Singh46%
$13 → $8MaintainsOutperformGet Alert
11/16/2022Buy Now11183.5%JMP Securities
Jonathan Wolleben70%
→ $8Initiates → Market OutperformGet Alert

FAQ

Q

What is the target price for Spruce Biosciences (SPRB) stock?

A

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.

Q

What is the most recent analyst rating for Spruce Biosciences (SPRB)?

A

The latest analyst rating for Spruce Biosciences (OTCPK:SPRB) was provided by RBC Capital, and Spruce Biosciences maintained their sector perform rating.

Q

When was the last upgrade for Spruce Biosciences (SPRB)?

A

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.

Q

When was the last downgrade for Spruce Biosciences (SPRB)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Spruce Biosciences (SPRB)?

A

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.

Q

Is the Analyst Rating Spruce Biosciences (SPRB) correct?

A

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.

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