Comments
Loading...

Alkermes

ALKSNASDAQ
$24.83
0.180.73%
At Close: -
$24.83
00.00%
After Hours: Jul 19, 4:00 PM EDT
15 minutes delayed
Q2 2024 earnings tomorrow on Wed Jul 24th before the market open
Conference call scheduled tomorrow at 8:00 AM Click to view the webcast
Consensus Rating1
Buy
Highest Price Target1
$50.00
Lowest Price Target1
$25.00
Consensus Price Target1
$34.38

Unlock major analysts' bullish and bearish positions by joining Benzinga Edge.

Click Here

Alkermes (NASDAQ:ALKS) Stock, Analyst Ratings, Price Targets, Forecasts

Alkermes PLC has a consensus price target of $34.38 based on the ratings of 17 analysts. The high is $50 issued by Jefferies on April 9, 2024. The low is $25 issued by UBS on February 20, 2024. The 3 most-recent analyst ratings were released by JP Morgan, TD Cowen, and HC Wainwright & Co. on July 15, 2024, June 17, 2024, and June 4, 2024, respectively. With an average price target of $33.33 between JP Morgan, TD Cowen, and HC Wainwright & Co., there's an implied 34.25% upside for Alkermes PLC from these most-recent analyst ratings.

Analyst Trends and Forecast
1
1
Apr
1
1
May
1
Jun
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.5
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JP Morgan
TD Cowen
HC Wainwright & Co.
Cantor Fitzgerald
Jefferies

1calculated from analyst ratings

Analyst Ratings for Alkermes

Buy NowGet Alert
07/15/2024Buy Now24.85%JP Morgan
Jessica Fye
$32 → $31MaintainsNeutralGet Alert
06/17/2024Buy Now36.93%TD Cowen
Joseph Thome
→ $34Initiates → BuyGet Alert
06/04/2024Buy Now40.96%HC Wainwright & Co.
Douglas Tsao
$35 → $35ReiteratesNeutral → NeutralGet Alert
05/23/2024Buy Now93.31%Cantor Fitzgerald
Charles Duncan
$43 → $48MaintainsOverweightGet Alert
05/02/2024Buy Now40.96%HC Wainwright & Co.
Douglas Tsao
→ $35ReiteratesNeutral → NeutralGet Alert
04/19/2024Buy Now40.96%HC Wainwright & Co.
Douglas Tsao
→ $35ReiteratesNeutral → NeutralGet Alert
04/09/2024Buy Now101.37%Jefferies
Akash Tewari
$42 → $50MaintainsBuyGet Alert
04/01/2024Buy Now57.07%Piper Sandler
David Amsellem
$39 → $39ReiteratesOverweight → OverweightGet Alert
03/19/2024Buy Now49.01%Baird
Joel Beatty
→ $37Initiates → OutperformGet Alert
02/20/2024Buy Now0.68%UBS
Ashwani Verma
$25 → $25DowngradeNeutral → SellGet Alert
02/16/2024Buy Now57.07%Piper Sandler
David Amsellem
$35 → $39MaintainsOverweightGet Alert
01/02/2024Buy Now16.79%B of A Securities
Jason Gerberry
$27 → $29MaintainsNeutralGet Alert
11/20/2023Buy Now32.9%JP Morgan
Jessica Fye
→ $33Reinstates → NeutralGet Alert
10/27/2023Buy Now40.96%Piper Sandler
David Amsellem
$37 → $35MaintainsOverweightGet Alert
10/26/2023Buy Now40.96%Mizuho
Uy Ear
$37 → $35MaintainsBuyGet Alert
10/24/2023Buy NowEvercore ISI Group
Umer Raffat
UpgradeIn-Line → OutperformGet Alert
10/17/2023Buy Now24.85%UBS
Ashwani Verma
→ $31Initiates → NeutralGet Alert
07/27/2023Buy Now36.93%HC Wainwright & Co.
Douglas Tsao
→ $34ReiteratesNeutral → NeutralGet Alert
06/07/2023Buy Now49.01%Piper Sandler
David Amsellem
$35 → $37MaintainsOverweightGet Alert
06/06/2023Buy Now32.9%Stifel
Paul Matteis
$31 → $33MaintainsHoldGet Alert
04/27/2023Buy Now44.99%Mizuho
Uy Ear
$37 → $36MaintainsBuyGet Alert
04/27/2023Buy Now36.93%HC Wainwright & Co.
Douglas Tsao
$32 → $34MaintainsNeutralGet Alert
04/25/2023Buy Now24.85%JP Morgan
Jessica Fye
$29 → $31MaintainsNeutralGet Alert
04/11/2023Buy Now49.01%Mizuho
Uy Ear
$36 → $37MaintainsBuyGet Alert
02/17/2023Buy Now28.88%HC Wainwright & Co.
Douglas Tsao
→ $32Reiterates → NeutralGet Alert
12/06/2022Buy Now16.79%JP Morgan
Jessica Fye
$33 → $29MaintainsNeutralGet Alert
11/22/2022Buy Now44.99%Mizuho
Uy Ear
$34 → $36MaintainsBuyGet Alert
11/03/2022Buy Now20.82%Piper Sandler
David Amsellem
$26 → $30UpgradeNeutral → OverweightGet Alert
10/14/2022Buy Now0.68%B of A Securities
Jason Gerberry
$27 → $25UpgradeUnderperform → NeutralGet Alert
08/16/2022Buy Now4.71%Piper Sandler
David Amsellem
→ $26Initiates → NeutralGet Alert
07/28/2022Buy Now36.93%Mizuho
Vamil Divan
$36 → $34MaintainsBuyGet Alert
04/28/2022Buy Now8.74%SVB Leerink
Marc Goodman
$24 → $27MaintainsMarket PerformGet Alert
04/28/2022Buy Now28.88%HC Wainwright & Co.
Douglas Tsao
$30 → $32MaintainsNeutralGet Alert
04/21/2022Buy Now0.68%SVB Leerink
Marc Goodman
$24 → $25MaintainsMarket PerformGet Alert
04/20/2022Buy Now40.96%Goldman Sachs
Chris Shibutani
→ $35Initiates → BuyGet Alert
03/22/2022Buy Now4.71%Citigroup
Navann Ty
$22 → $26MaintainsNeutralGet Alert
01/27/2022Buy Now28.88%Cantor Fitzgerald
Brandon Folkes
$28 → $32UpgradeNeutral → OverweightGet Alert
12/01/2021Buy Now-11.4%Citigroup
Navann Ty
Initiates → NeutralGet Alert
11/09/2021Buy Now-3.34%SVB Leerink
Marc Goodman
MaintainsMarket PerformGet Alert
10/28/2021Buy Now20.82%HC Wainwright & Co.
Douglas Tsao
MaintainsNeutralGet Alert
10/07/2021Buy Now44.99%Jefferies
Akash Tewari
UpgradeHold → BuyGet Alert
09/02/2021Buy Now8.74%B of A Securities
Jason Gerberry
DowngradeNeutral → UnderperformGet Alert
07/29/2021Buy Now32.9%Mizuho
Vamil Divan
MaintainsBuyGet Alert
07/29/2021Buy Now0.68%SVB Leerink
Marc Goodman
MaintainsMarket PerformGet Alert

FAQ

Q

What is the target price for Alkermes (ALKS) stock?

A

The latest price target for Alkermes (NASDAQ:ALKS) was reported by JP Morgan on July 15, 2024. The analyst firm set a price target for $31.00 expecting ALKS to rise to within 12 months (a possible 24.85% upside). 18 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Alkermes (ALKS)?

A

The latest analyst rating for Alkermes (NASDAQ:ALKS) was provided by JP Morgan, and Alkermes maintained their neutral rating.

Q

When was the last upgrade for Alkermes (ALKS)?

A

The last upgrade for Alkermes PLC happened on October 24, 2023 when Evercore ISI Group raised their price target to N/A. Evercore ISI Group previously had an in-line for Alkermes PLC.

Q

When was the last downgrade for Alkermes (ALKS)?

A

The last downgrade for Alkermes PLC happened on February 20, 2024 when UBS changed their price target from $25 to $25 for Alkermes PLC.

Q

When is the next analyst rating going to be posted or updated for Alkermes (ALKS)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Alkermes, 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 Alkermes was filed on July 15, 2024 so you should expect the next rating to be made available sometime around July 15, 2025.

Q

Is the Analyst Rating Alkermes (ALKS) correct?

A

While ratings are subjective and will change, the latest Alkermes (ALKS) rating was a maintained with a price target of $32.00 to $31.00. The current price Alkermes (ALKS) is trading at is $24.83, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch