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ACADIA Pharmaceuticals Inc has a consensus price target of $27.25 based on the ratings of 21 analysts. The high is $42 issued by Cantor Fitzgerald on August 22, 2023. The low is $19 issued by Oppenheimer on May 6, 2024. The 3 most-recent analyst ratings were released by Needham, HC Wainwright & Co., and Citigroup on November 7, 2024, November 7, 2024, and August 8, 2024, respectively. With an average price target of $26 between Needham, HC Wainwright & Co., and Citigroup, there's an implied 54.67% upside for ACADIA Pharmaceuticals Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for ACADIA Pharmaceuticals (NASDAQ:ACAD) was reported by Needham on November 7, 2024. The analyst firm set a price target for $28.00 expecting ACAD to rise to within 12 months (a possible 66.57% upside). 51 analyst firms have reported ratings in the last year.
The latest analyst rating for ACADIA Pharmaceuticals (NASDAQ:ACAD) was provided by Needham, and ACADIA Pharmaceuticals reiterated their buy rating.
The last upgrade for ACADIA Pharmaceuticals Inc happened on January 24, 2024 when Needham raised their price target to $37. Needham previously had a hold for ACADIA Pharmaceuticals Inc.
The last downgrade for ACADIA Pharmaceuticals Inc happened on August 7, 2024 when Morgan Stanley changed their price target from $28 to $20 for ACADIA Pharmaceuticals Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of ACADIA Pharmaceuticals, 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 ACADIA Pharmaceuticals was filed on November 7, 2024 so you should expect the next rating to be made available sometime around November 7, 2025.
While ratings are subjective and will change, the latest ACADIA Pharmaceuticals (ACAD) rating was a reiterated with a price target of $28.00 to $28.00. The current price ACADIA Pharmaceuticals (ACAD) is trading at is $16.81, which is out of the analyst’s predicted range.
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