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Alector Inc has a consensus price target of $10.67 based on the ratings of 11 analysts. The high is $35 issued by HC Wainwright & Co. on November 7, 2024. The low is $3 issued by Morgan Stanley on November 26, 2024. The 3 most-recent analyst ratings were released by Stifel, Morgan Stanley, and BTIG on December 16, 2024, November 26, 2024, and November 26, 2024, respectively. With an average price target of $4 between Stifel, Morgan Stanley, and BTIG, there's an implied 133.92% 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 Stifel on December 16, 2024. The analyst firm set a price target for $4.00 expecting ALEC to rise to within 12 months (a possible 133.92% upside). 13 analyst firms have reported ratings in the last year.
The latest analyst rating for Alector (NASDAQ:ALEC) was provided by Stifel, and Alector downgraded their hold 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 December 16, 2024 when Stifel changed their price target from N/A to $4 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 December 16, 2024 so you should expect the next rating to be made available sometime around December 16, 2025.
While ratings are subjective and will change, the latest Alector (ALEC) rating was a downgraded with a price target of $0.00 to $4.00. The current price Alector (ALEC) is trading at is $1.71, which is within the analyst’s predicted range.
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