Wall Street Analysts Predict a 28.58% Upside in Avadel (AVDL): Here's What You Should Know

Core Viewpoint - Avadel (AVDL) shows potential for significant upside based on analysts' price targets, with a mean target of $22.90 indicating a 28.6% upside from the current price of $17.81 [1] Price Target Analysis - The average price target consists of 10 estimates ranging from $19 to $29, with a standard deviation of $3, indicating a relatively high agreement among analysts [1] - The lowest estimate suggests a 6.7% increase, while the highest points to a 62.8% upside [1] Analyst Sentiment - Analysts exhibit strong agreement on AVDL's earnings prospects, with a positive trend in earnings estimate revisions supporting the potential for stock price increases [2][5] - The Zacks Consensus Estimate for the current year has risen by 0.3% over the past month, with one estimate increasing and no negative revisions [5] Zacks Rank - AVDL holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating a strong potential for upside [5]