Does Kamada (KMDA) Have the Potential to Rally 114.39% as Wall Street Analysts Expect?

Core Viewpoint - Kamada (KMDA) shows significant upside potential with a mean price target of $14.75, indicating an upside of 114.4% from the current price of $6.88 [1] Price Targets and Estimates - The mean estimate consists of four short-term price targets with a standard deviation of $3.86, where the lowest estimate is $11.00 (59.9% increase) and the highest is $20.00 (190.7% increase) [2] - A low standard deviation among price targets suggests a high degree of agreement among analysts regarding the stock's price movement [9] Analyst Sentiment - Analysts have shown increasing optimism about Kamada's earnings prospects, with a positive trend in earnings estimate revisions indicating potential stock upside [11] - The Zacks Consensus Estimate for the current year has risen by 4.4% over the past month, with no negative revisions [12] Zacks Rank - Kamada holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] Conclusion on Price Targets - While the consensus price target may not be a reliable indicator of the extent of potential gains, it does provide a directional guide for price movement [14]