Ovid Therapeutics Inc. (OVID) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Buy
Based on 14 analysts142.3% Below Target
OVID trades 142.3% below Wall Street's consensus target of $5.50.
Current Price$2.27
Average Target$5.50
Target
Current
Low$4.00
Median$5.50
High$7.00
Analyst Target Range
Forward P/E—
PEG Ratio—
Implied Growth-47.3%
(Declining)
Analyst Spread54.5%
(Moderate)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes OVID achieves its forward estimates and maintains a stable P/E multiple of historical averagesx. This scenario reflects the blended consensus of 14 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
OVID Price Target Analysis
Updated June 21, 2026As of June 21, 2026, Ovid Therapeutics Inc. (OVID) has a Wall Street consensus price target of $5.50, based on estimates from 14 covering analysts. With the stock currently trading at $2.27, this represents a potential upside of +142.3%. The company has a market capitalization of $299M.
Analyst price targets range from a low of $4.00 to a high of $7.00, representing a 55% spread in expectations. The median target of $5.50 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 11 analysts rating the stock as a Buy or Strong Buy,3 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, OVID trades at a trailing P/E of -9.5x. Analysts expect EPS to grow -47.3% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Healthcare stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+46.2%
Industry Consensus
Avg Forward P/E
46.3x
(Growth Premium)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 ACADACADIA Pharmaceuticals Inc. | $3.7B | $21.62 | $33.67 | +55.7% | Buy | 55.6x | 37 |
 PRAXPraxis Precision Medicines, Inc. | $8.2B | $282.31 | $584.00 | +106.9% | Buy | — | 16 |
 LGNDLigand Pharmaceuticals Incorporated | $5.5B | $274.88 | $265.33 | -3.5% | Buy | 30.3x | 17 |
 RAREUltragenyx Pharmaceutical Inc. | $2.7B | $27.44 | $48.36 | +76.2% | Buy | — | 33 |
 PTCTPTC Therapeutics, Inc. | $6.6B | $78.98 | $95.83 | +21.3% | Buy | 89.1x | 26 |
 FOLDAmicus Therapeutics, Inc. | $4.5B | $14.49 | $14.50 | +0.1% | Buy | 40.6x | 24 |
 KRYSKrystal Biotech, Inc. | $10.3B | $348.06 | $336.40 | -3.4% | Buy | 44.9x | 17 |
 ARVNArvinas, Inc. | $495M | $7.67 | $14.75 | +92.3% | Buy | — | 26 |
 MDGLMadrigal Pharmaceuticals, Inc. | $11.7B | $505.75 | $710.22 | +40.4% | Buy | — | 23 |
 ZYMEZymeworks Inc. | $1.7B | $23.14 | $40.67 | +75.8% | Buy | 16.9x | 20 |
OVID — Frequently Asked Questions
Quick answers to the most common questions about buying OVID stock.
What is the OVID stock price target for 2026?
The consensus Wall Street price target for OVID is $5.5, representing 142.3% upside from the current price of $2.27. With 14 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is OVID a buy, sell, or hold?
OVID has a consensus rating of "Buy" based on 14 Wall Street analysts. The rating breakdown is predominantly bullish, with 11 Buy/Strong Buy ratings. The consensus 12-month price target of $5.5 implies 142.3% upside from current levels.
Is OVID stock overvalued or undervalued?
OVID's current price is $2.27 with a consensus target of $5.5 (142.3% implied move). Analyst estimates suggest the stock is undervalued at current levels.
How high can OVID stock go?
The most bullish Wall Street analyst has a price target of $7 for OVID, while the most conservative target is $4. The consensus of $5.5 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover OVID stock?
OVID is moderately covered, with 14 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 11 have Buy ratings, 3 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the OVID stock forecast?
The 12-month OVID stock forecast based on 14 Wall Street analysts shows a consensus price target of $5.5, with estimates ranging from $4 (bear case) to $7 (bull case). The median consensus rating is "Buy".
Should I buy OVID stock?
Wall Street analysts are very optimistic on OVID, with a "Buy" consensus rating and $5.5 price target (142.3% upside). 11 of 14 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do OVID price targets vary so much?
OVID analyst price targets range from $4 to $7, a 55% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $5.5 consensus represents the middle ground.
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