KALA stock is new window to your prospective investment future. The reason is investments in pharmaceutical stocks attract good market signals. And companies producing pharmaceutical technology always maintain good revenue growth rate.
In this article, we will show you all you need to know about KALA Stock. You will know how to invest in the KALA stock and be guided on our experts’ price prediction covering eight years.
What is KALA Stock?
KALA is a financial instrument of Kala Pharmaceuticals Inc. through which the company’s shares are traded.
The company is into biopharmaceutical, focusing on the manufacturing and marketing of therapies using its trademark mucus penetrating particles technology for the treatment of eye diseases.
The company was formerly known as Hanes Newco Inc., but changed its name to Kala Pharmaceuticals Inc. in December 2009.
Kala Pharmaceuticals is listed in NASDAQ under the ticker symbol ‘KALA’. The stock opened with $15.00 IPO and six million shares in Jul 20, 2017
As at December 29, 2022, KALA stock price rose to $12.48 with 51.89 million shares trading. Market capitalization is $18.9 million.
Is KALA Stock a Good Investment?
Yes. The stock is has growth potential given that the company’s revenue forecast is upward. The company forecast its annual revenue growth rate as 87%.
This is above the US Biotechnology industry’s average forecast revenue growth rate of 23%. The forecast is also beats the US stock market’s average forecast revenue growth rate of 6.26%.
The Kala pharmaceutical average revenue in 2022 is $5,748,000. Wall Street analysts forecast KALA’s revenue for 2023 to be at a region of $40,000,000.
There is generally high stock market volatility and many investors interpret it as an opportunity to buy KAKA just to gain from its long term appreciation.
Will KALA Stock Price Go Up?
History shows that in the last 3 years, KALA stock traded as high as $734.00 and as low as $3.54. This shows there has been much upward price movement from the Ipo price than downward.
3 Penworldgurus analysts offering 12-month price forecasts for Kala stock have a median target of 32.00, with a high estimate of 76.00 and a low estimate of 13.00. The median estimate represents a +156.41% increase from the last price of 12.48.
Also, 2 Wall Street analysts offering 12 month price targets for Kala in the last 3 months. The average price target is $29.50 with a high forecast of $47.00 and a low forecast of $12.00. The average price target represents a 136.37% change from the last price of $12.48.
Is KALA Stock a Good Buy?
A large number of experts’ view on the KALA Stock performance support a good buying decision. The huge analyses are produced by taking into account the price movement, sectorial fundamentals and KALA Stock news within normal range.
The current consensus among 3 polled investment analysts is to buy stock in Kala Pharmaceuticals Inc. This consensus holds Kala as a good buy candidate.
The Kala stock price gained 218.37% on the last trading date (December 29, 2022) rising from $3.92 to $12.48. It has now gained 4 days in sequence. It will be stimulating if Kala continue gaining or maintain this momentum. We therefore conclude that Kala stock is a good buy.
How You Can Buy KALA Stock
Kala shares can be purchased through online brokerage account.
Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services; TD-Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Buying Kala Stock will require the following steps:
Step 1: Compare Trading Platforms
This will help you make a good choice of brokerage that suits your investment target. Use some comparison tables to help you find a platform that fits you.
Step 2: Open Your Brokerage Account.
This is your trading account to be opened with the brokerage firm. You must complete an application with your details and follow other procedures required by your broker.
Step 3: Confirm Your Payment Details.
You need to deposit sufficient money to your account so that you can trade. Ensure your payment detail is correct before you make such transfer using appropriate payment means.
Step 4: Research the Stock
Conduct a research online to locate the stock you want to buy. Find the stock by name or ticker symbol, in this case -KALA- and research it before deciding if it is a good investment for you now.
Step 5: Purchase Now or Later
Buy your preferred quantity of KALA stock with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
Step 6: Check In On Your Investment.
Optimize your portfolio by tracking your KALA stock regularly so as to know when your investment target is attained when to changing investment strategy is necessary.
KALA Stock Price Prediction – 2023, 2024-2030
The prediction used Moving Average and Discounted Cash Flow (DCF) Models on KALA historical price/volume data. We then evaluated the fundamentals of Kala stock and arrived at the following projections.
KALA Stock Price Prediction 2023
Kala Stock price is estimated to reach maximum at $56.39 by the end of 2023. The price is estimated to drop to as low as $12.60.
The average price is expected to reach $34.49. This means Kala price value may reach $34.50 per share by the end of 2023. Average price volatility is measured at 42.10%.
KALA Stock Price Prediction 2024
In 2024, analysts predict that Kala Stock will attain maximum trading price of $71.50 and the minimum price is projected to reach $14.20.
The average price is estimated at $42.85 in the year, meaning that Kala stock will trade at a region of $42.00 per share given average price volatility at 44.06%.
KALA Stock Price Prediction 2025
The year 2025 is projected to finish with the maximum price of $63.87 and a minimum price value of $15.44.
The average price estimated as $39.65 with average price volatility at -47.30%. There is conclusion that Kala will fall to $39.00 per share, significantly below the previous year.
KALA Stock Price Prediction 2026
A technical analysis by our stock experts shows that the price of Kala Stock in 2026 is expected to attain $13.90 minimum and $70.87maximum.
The expected average trading price-value is $42.38 with average price volatility measured at 39.07% during the year.
KALA Stock Price Prediction 2027
Based on the prevailing positive signals for Kala stock, its price is predicted to go up to minimum of $17.29 and reaching the maximum at $84.31.
Average price is estimated at $50.80 in 2027 with average price volatility measured at 47.13%. There is evidence that the price of Kala will reach $50.00 per share in the year, that is, 5 years to come.
KALA Stock Price Prediction 2028
The year 2028 will maintain the growing momentum of Kala. It is expected to reach a maximum of $98.67 and a minimum of $20.95.
The average trading price is $59.81 with 47.61% average price volatility for the year. There is evidence that Kala may reach $60.00 per share in 2028.
KALA Stock Price Prediction 2029
We expect Kala to go bullish this year, maintain a projected long term growth. It is assumed that there will be $25.59 minimum price and $137.83 maximum price.
On the average, the Kala trading price is $81.71 and average price volatility is measured at 50.06%. There is evidence that Kala will reach $81.00 per share this year.
KALA Stock Price Prediction 2030
Experts predict that Kala Stock reaches maximum at $159.37 by the year 2030 with the minimum price value expected to hit $30.86.
The average price of Kala is estimated at $95.12. This means that it will trade at about $95.00 per share in the year 2030 under high volatility of 52.06%.