Belite Bio
(NASDAQ:BLTE)
$38.00
-10.75[-22.05%]
At close: Apr 26
$38.00
0[0.00%]
After Hours: 8:29AM EDT
Consensus Rating1
Buy
Highest Price Target1
$60.00
Lowest Price Target1
$25.00
Consensus Price Target1
$40.20

Belite Bio Stock (NASDAQ:BLTE), Analyst Ratings, Price Targets, Predictions

Belite Bio Inc has a consensus price target of $40.2, established from looking at the 23 latest analyst ratings. The last 3 analyst ratings were released from Benchmark, HC Wainwright & Co., and Cantor Fitzgerald on May 16, 2024, May 15, 2024, and May 15, 2024. With an average price target of $38.67 between Benchmark, HC Wainwright & Co., and Cantor Fitzgerald, there's an implied 1.75% upside for Belite Bio Inc from these 3 analyst ratings.

Analyst Trend
2
Dec 23
2
Mar
3
May
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
4.2
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Benchmark
HC Wainwright & Co.
Cantor Fitzgerald
Maxim Group
SVB Leerink

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Belite Bio

Buy NowGet Alert
05/16/2024Buy Now50%Benchmark
Bruce Jackson
→ $57ReiteratesBuy → BuyGet Alert
05/15/2024Buy Now55.26%HC Wainwright & Co.
Yi Chen
→ $59ReiteratesBuy → BuyGet Alert
05/15/2024Buy NowCantor Fitzgerald
Jennifer Kim
Reiterates → OverweightGet Alert
03/22/2024Buy Now55.26%HC Wainwright & Co.
Yi Chen
$59 → $59MaintainsBuyGet Alert
03/13/2024Buy Now55.26%HC Wainwright & Co.
Yi Chen
→ $59ReiteratesBuy → BuyGet Alert
12/27/2023Buy Now55.26%HC Wainwright & Co.
Yi Chen
→ $59ReiteratesBuy → BuyGet Alert
12/14/2023Buy Now57.89%Maxim Group
Jason McCarthy
→ $60Initiates → BuyGet Alert
11/15/2023Buy Now55.26%HC Wainwright & Co.
Yi Chen
→ $59ReiteratesBuy → BuyGet Alert
11/07/2023Buy Now50%Benchmark
Bruce Jackson
→ $57ReiteratesBuy → BuyGet Alert
11/06/2023Buy Now55.26%HC Wainwright & Co.
Yi Chen
$55 → $59MaintainsBuyGet Alert
08/10/2023Buy Now44.74%HC Wainwright & Co.
Yi Chen
→ $55ReiteratesBuy → BuyGet Alert
07/28/2023Buy Now13.16%Cantor Fitzgerald
Jennifer Kim
→ $43Initiates → OverweightGet Alert
07/26/2023Buy Now-34.21%SVB Leerink
Marc Goodman
→ $25Initiates → OutperformGet Alert
07/25/2023Buy Now50%Benchmark
Bruce Jackson
→ $57ReiteratesBuy → BuyGet Alert
07/25/2023Buy Now44.74%HC Wainwright & Co.
Yi Chen
→ $55ReiteratesBuy → BuyGet Alert
06/20/2023Buy Now50%Benchmark
Bruce Jackson
→ $57ReiteratesBuy → BuyGet Alert
06/05/2023Buy Now44.74%HC Wainwright & Co.
Yi Chen
$58 → $55Reiterates → BuyGet Alert
04/04/2023Buy Now50%Benchmark
Bruce Jackson
→ $57Reiterates → BuyGet Alert
04/04/2023Buy Now52.63%HC Wainwright & Co.
Yi Chen
→ $58Reiterates → BuyGet Alert
02/22/2023Buy Now52.63%HC Wainwright & Co.
Yi Chen
→ $58Reiterates → BuyGet Alert
02/21/2023Buy Now52.63%HC Wainwright & Co.
Yi Chen
→ $58Reiterates → BuyGet Alert
08/01/2022Buy Now52.63%HC Wainwright & Co.
Yi Chen
→ $58Initiates → BuyGet Alert
07/01/2022Buy Now50%Benchmark
Bruce Jackson
→ $57Initiates → BuyGet Alert

FAQ

Q

What is the target price for Belite Bio (BLTE)?

A

The latest price target for Belite Bio (NASDAQ: BLTE) was reported by Benchmark on May 16, 2024. The analyst firm set a price target for $57.00 expecting BLTE to rise to within 12 months (a possible 50.00% upside). 17 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Belite Bio (BLTE)?

A

The latest analyst rating for Belite Bio (NASDAQ: BLTE) was provided by Benchmark, and Belite Bio reiterated their buy rating.

Q

When was the last upgrade for Belite Bio (BLTE)?

A

There is no last upgrade for Belite Bio.

Q

When was the last downgrade for Belite Bio (BLTE)?

A

There is no last downgrade for Belite Bio.

Q

When is the next analyst rating going to be posted or updated for Belite Bio (BLTE)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Belite Bio, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Belite Bio was filed on May 16, 2024 so you should expect the next rating to be made available sometime around May 16, 2025.

Q

Is the Analyst Rating Belite Bio (BLTE) correct?

A

While ratings are subjective and will change, the latest Belite Bio (BLTE) rating was a reiterated with a price target of $0.00 to $57.00. The current price Belite Bio (BLTE) is trading at is $38.00, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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