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Arcellx Inc has a consensus price target of $72.07 based on the ratings of 16 analysts. The high is $87 issued by Truist Securities on June 18, 2024. The low is $39 issued by SVB Leerink on March 30, 2023. The 3 most-recent analyst ratings were released by Needham, Canaccord Genuity, and Truist Securities on August 9, 2024, July 22, 2024, and June 18, 2024, respectively. With an average price target of $84.33 between Needham, Canaccord Genuity, and Truist Securities, there's an implied 23.35% upside for Arcellx Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Arcellx (NASDAQ:ACLX) was reported by Needham on August 9, 2024. The analyst firm set a price target for $81.00 expecting ACLX to rise to within 12 months (a possible 18.47% upside). 29 analyst firms have reported ratings in the last year.
The latest analyst rating for Arcellx (NASDAQ:ACLX) was provided by Needham, and Arcellx reiterated their buy rating.
There is no last upgrade for Arcellx
There is no last downgrade for Arcellx.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Arcellx, 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 Arcellx was filed on August 9, 2024 so you should expect the next rating to be made available sometime around August 9, 2025.
While ratings are subjective and will change, the latest Arcellx (ACLX) rating was a reiterated with a price target of $81.00 to $81.00. The current price Arcellx (ACLX) is trading at is $68.37, which is out of the analyst’s predicted range.
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