Brokers Offer Predictions for GT Biopharma FY2029 Earnings

GT Biopharma, Inc. (NASDAQ:GTBP) – Analysts at Roth Capital issued their FY2029 earnings estimates for shares of GT Biopharma in a research report issued to clients and investors on Tuesday, February 25th. Roth Capital analyst J. Aschoff anticipates that the company will post earnings of $0.33 per share for the year. Roth Capital has a “Strong-Buy” rating on the stock. The consensus estimate for GT Biopharma’s current full-year earnings is ($6.79) per share.

Separately, Roth Mkm started coverage on GT Biopharma in a research report on Monday, December 2nd. They issued a “buy” rating and a $11.00 target price for the company.

GT Biopharma Stock Performance

Shares of GTBP opened at $2.36 on Thursday. GT Biopharma has a 12-month low of $1.72 and a 12-month high of $10.66. The company’s 50-day moving average price is $2.43 and its 200 day moving average price is $2.47.

About GT Biopharma

GT Biopharma, Inc, a clinical stage biopharmaceutical company, focuses on the development and commercialization of immuno-oncology products based on its proprietary Tri-specific Killer Engager (TriKE) fusion protein immune cell engager technology platform. It develops GTB-3550, a single-chain tri-specific recombinant fusion protein conjugate that is in Phase I clinical trial for the treatment of myelodysplastic syndromes, refractory/relapsed acute myeloid leukemia or advanced systemic mastocytosis, and CD33+ malignancies.