If you’re looking for the Sorrento Therapeutics stock forecast or finding the potential of SRNE stock, this forecast can be helpful for you. Sorrento Therapeutics (SRNE) engages in the research, development, and manufacture of biopharmaceutical products. Our forecast is based on a deep technical analysis and the current performance of Sorrento Therapeutics stock. Here we will try to analyze the potential of Sorrento Therapeutics (SRNE) stock in the long term.
Sorrento Therapeutics stock forecast
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2024 | $1.17 | $1.65 | $2.12 |
| 2025 | $1.46 | $2.17 | $2.86 |
| 2026 | $2.45 | $3.12 | $3.79 |
| 2027 | $3.27 | $3.95 | $4.36 |
| 2028 | $4.06 | $4.38 | $4.75 |
| 2029 | $4.32 | $4.83 | $5.21 |
| 2030 | $5.14 | $5.71 | $6.08 |
| 2031 | $6.04 | $8.18 | $10.36 |
| 2035 | $1.03 | $1.32 | $1.58 |
Since its IPO in 2010, the performance of SRNE stock was volatile. Sorrento Therapeutics has given a great return to its investors in 2015 when it hits a new ATH (all-time high) level. Sorrento Therapeutics prices rallied to an all-time high (ATH) of $24.36 in August 2015. Since the SRNE stock is showing a bearish performance.
In the Bearish events of 2023, Sorrento Therapeutics has lost its value by 70%. As per our forecast, the value of SRNE stock will grow in the long term. If we measure the current performance Sorrento Therapeutics is looking volatile. However, there are strong possibilities that if the market sees a good bull run, some value of Sorrento Therapeutics may recover.
Sorrento Therapeutics Inc (SRNE) overview
| Stock Name | Sorrento Therapeutics Inc |
| Ticker Symbol | SRNE |
| Country | USA (NASDAQ) |
| Official Website | sorrentotherapeutics.com |
| Sector | Healthcare |
| Market Cap | $500.19 Million |
| All-time high | $24.36 (August 01, 2015) |
| CEO | Henry Ji |
| Competitors | Biodot, HumanZyme, Fusion Antibodies, Gyros. |
Sorrento Therapeutics stock forecast 2023
As the whole market is going through bearish events in 2023, Sorrento Therapeutics performance can be slow. According to our forecast, the maximum value of Sorrento Therapeutics stock can be around $1.58 by 2023. According to some market experts, healthcare stocks may recover some value this year if the market performs well. The average price of SRNE stock can be around $1.32 if current growth continues. And if there is any bearish trend the minimum price of SRNE can be down up to $1.03. In the next bull rally, the prices of Sorrento Therapeutics may surge more than our long-term SRNE stock forecast.
Sorrento Therapeutics stock forecast 2024
Along with other healthcare stocks, the value of Sorrento Therapeutics may recover from long bearish events in 2024. As per our price forecast, Sorrento Therapeutics can touch the maximum price level of $2.12 in 2024. If current performance continues the average price level of SRNE stock can be around $1.65. However, if there are bearish events in the market the price of Sorrento Therapeutics stock can be around $1.17.
Sorrento Therapeutics stock forecast 2025
The performance of Sorrento Therapeutics can be bullish in 2025 but it will hardly touch the recent ATH. By 2025, we may expect an average price of $2.17 for Sorrento Therapeutics stock. If current growth continues, our maximum forecast for SRNE stock is $2.86 in 2025. The minimum price level of Sorrento Therapeutics can be around $1.46 if the market turns bearish. However, if the market gets bullish, SRNE stock may surge more than our forecast in 2025.
Sorrento Therapeutics stock forecast 2026
As per our Sorrento Therapeutics forecast, their prices can hit a new ATH level this year. If the market performs as per our calculation the maximum value of Sorrento Therapeutics may touch $3.79 in 2026. The year 2026 can end with an average value of $3.12 in 2026. However, if the market turns bearish, the minimum value of SRNE stock can be traded at around $2.45. According to some market experts, the bearish environment can last till 2025 so we have high expectations from 2026.
Sorrento Therapeutics stock forecast 2027
Sorrento Therapeutics prices may soar but they will hardly cross the last ATH this year. As per our price forecast, the average value of Sorrento Therapeutics stock can be around $3.95 While the minimum value of Sorrento Therapeutics can be around $3.27. If the market sees some good movement the value of SRNE stock may skyrocket and surpass most price forecasts. As per our calculation, the maximum value of Sorrento Therapeutics stock can be around $4.36.
Sorrento Therapeutics stock forecast 2028
Sorrento Therapeutics is an established name in the healthcare industry and it has the potential to touch great highs in the long term. According to our forecast, the average value of Sorrento Therapeutics stock can be around $4.38 in 2028. If the market turns bullish the maximum price of SRNE stock may touch $4.75. However, if the market doesn’t perform as per our expectation the minimum price of Sorrento Therapeutics stock can be around $4.06.
Sorrento Therapeutics stock forecast 2029
Sorrento Therapeutics can be a profitable investment in the long term. As per our forecast, the maximum value of SRNE stocks can be around $5.21. The average value of Sorrento Therapeutics can be around $4.83 if everything goes as per our calculations. However, if the market sees bearish events the minimum value of Sorrento Therapeutics stock can be down up to $4.32. If more investors are attracted to SRNE in between these years the value of Sorrento Therapeutics can be much higher in 2027 than our forecast.
Sorrento Therapeutics stock forecast 2030
Sorrento Therapeutics stock can give great returns if you can hold it till 2030. As per our long-term Sorrento Therapeutics stock forecast, their value can hit a new ATH level this year. In 2030, we may expect an average value of $5.71 for Sorrento Therapeutics. If the market gets bullish, SRNE stock may surge more than our forecast. The maximum value of SRNE can be around $6.08 in 2030. However, the minimum value of Sorrento Therapeutics can be around $5.14 if the market turns bearish.
Sorrento Therapeutics stock forecast 2031
As per our forecast, the average value of Sorrento Therapeutics stock can be around $8.18 in 2031. The year can end with a maximum value of $10.36 if there is any bullish event. However, if a bearish environment continues in the market the minimum value of Sorrento Therapeutics stock can be around $6.04. There are strong possibilities that SRNE Therapeutics may recover its position (last ATH) if there is some positive environment in the market.
Sorrento Therapeutics Inc (SRNE) Chart
Is Sorrento Therapeutics (SRNE) a good stock to buy?
SRNE is one of the most volatile stocks in the market. The performance of Sorrento Therapeutics stock was full of volatility if we measure its performance since its IPO in 2010. However, the SRNE stock investors may have made great profits by holding it in the long term. Sorrento Therapeutics stock performed like good in 2015. Sorrento Therapeutics is one of the trending stocks in the healthcare segment that can surprise its investors.
As per our forecast, long-term investment in Sorrento Therapeutics stocks appears to be a good option to consider. However, stock forecasts are not always accurate. Even though SRNE stocks’ performance seems bullish in the long term, Sorrento Therapeutics and other stocks are subject to market risk. If you are a smart investor and believe to make long-term investments, SRNE stock can be a great choice. Before making any investment decision in Sorrento Therapeutics or any other stock proper risk management is suggested.
Will Sorrento Therapeutics stock reach $100?
Many traders can be curious to know whether Sorrento Therapeutics stocks can hit the target of $100 or not. Sorrento Therapeutics stocks have already crossed $24 in 2015. If we measure the old performance, we can say that Sorrento Therapeutics has the capacity to hit the target of $100. But as per our long-term forecast, it is not going to touch the target of $100 this decade.
However, in the stock market, nothing is impossible. As we have seen in the past, a great bull run or bear rally can destroy all the stock forecasts in seconds so it’s not easy to say that the forecasts can be accurate. If more investors are attracted to Sorrento Therapeutics stocks and pump their investment the value of Sorrento Therapeutics can skyrocket and it may hit the target of $100 in the next few years.
FAQs
What is the latest price target for Sorrento Therapeutics (SRNE)?
There are many analysts in the market that has given different price target for Sorrento Therapeutics stock. The latest average price target for Sorrento Therapeutics (SRNE) is $1.25.
Will Sorrento Therapeutics stock go up?
It’s not easy to forecast the accurate price behavior of Sorrento Therapeutics or any other stock. The current market sentiments look bearish but the performance of Sorrento Therapeutics stocks may rise if the market sees a good bull run.
Will Sorrento Therapeutics stock crash?
According to some market analysts, the Sorrento Therapeutics stock is looking volatile and may crash.
Where will Sorrento Therapeutics’ stock be in 5 years?
The long-term forecast for Sorrento Therapeutics looks bullish but the actual value of Sorrento Therapeutics stock in five years depends on many factors like the company’s financial performance, demand, and supply of Sorrento Therapeutics products. As per our price forecast, the maximum price level of Sorrento Therapeutics can be between $450 to $4 in the next 5 years, if current growth continues.
Where will Sorrento Therapeutics stock be in 10 years?
If we measure the past performance of Sorrento Therapeutics and the current market situation the long-term forecast of Sorrento Therapeutics stock looks bullish. The market movement can be positive in the upcoming months which may help Sorrento Therapeutics to create a new ATH level. Even if the current performance continues, Sorrento Therapeutics may cross the price level of $6 in 2030. However, if you’re looking for big gains, it depends upon which type of investment you choose, for the long term or the short one.
Is Sorrento Therapeutics (SRNE) a good long term investment?
It’s almost impossible to forecast the accurate value of stocks but a long term investment in Sorrento Therapeutics (SRNE) looks profitable. As we have measured the performance of SRNE stock it has the potential to grow. If Sorrento Therapeutics attracts more investors, the value of Sorrento Therapeutics stocks may skyrocket in upcoming years. We suggest our readers conduct the maximum level of research before making any investment decision in Sorrento Therapeutics or any other stock.
Will SRNE stock recover?
The recovery of SRNE stock depends on many factors. As per the current market situation, it doesn’t look like the SRNE stock will recover very soon. However, in the long term, some value of SRNE stock may recover.
Is Sorrento Therapeutics (SRNE) volatile?
According to some market experts, Sorrento Therapeutics (SENRE) stock is looking volatile.
