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Alector Inc has a consensus price target of $13.89 based on the ratings of 11 analysts. The high is $35 issued by HC Wainwright & Co. on November 7, 2024. The low is $4 issued by Goldman Sachs on September 25, 2023. The 3 most-recent analyst ratings were released by HC Wainwright & Co. on November 7, 2024, June 20, 2024, and May 9, 2024, respectively. With an average price target of $35 between HC Wainwright & Co., there's an implied 713.95% upside for Alector Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Alector (NASDAQ:ALEC) was reported by HC Wainwright & Co. on November 7, 2024. The analyst firm set a price target for $35.00 expecting ALEC to rise to within 12 months (a possible 713.95% upside). 11 analyst firms have reported ratings in the last year.
The latest analyst rating for Alector (NASDAQ:ALEC) was provided by HC Wainwright & Co., and Alector reiterated their buy rating.
The last upgrade for Alector Inc happened on December 14, 2023 when Stifel raised their price target to $15. Stifel previously had a hold for Alector Inc.
The last downgrade for Alector Inc happened on September 9, 2022 when Morgan Stanley changed their price target from $27 to $13 for Alector Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Alector, 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 Alector 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 Alector (ALEC) rating was a reiterated with a price target of $35.00 to $35.00. The current price Alector (ALEC) is trading at is $4.30, which is out of the analyst’s predicted range.
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