Wall Street Analysts Believe OptiNose (OPTN) Could Rally 143.06%: Here's is How to Trade

Group 1 - OptiNose (OPTN) shares have increased by 58.6% in the past four weeks, closing at $9.15, with a mean price target of $22.24 indicating a potential upside of 143.1% [1] - The mean estimate consists of four short-term price targets with a standard deviation of $15.68, where the lowest estimate suggests a 1.6% decline and the highest predicts a 391.6% increase to $44.98 [2] - Analysts show strong agreement on the company's ability to report better earnings, with a positive trend in earnings estimate revisions correlating with potential stock price increases [4][9] Group 2 - The Zacks Consensus Estimate for the current year has risen by 0.7% over the last 30 days, with one estimate moving higher and no negative revisions [10] - OPTN holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating a strong potential upside [11] - While consensus price targets may not be reliable for predicting actual stock gains, they can provide a useful guide for price movement direction [12]