Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Allakos Inc has a consensus price target of $23.5 based on the ratings of 13 analysts. The high is $155 issued by B of A Securities on December 13, 2021. The low is $1 issued by Jefferies on July 18, 2024. The 3 most-recent analyst ratings were released by JMP Securities, Jefferies, and JMP Securities on September 26, 2024, July 18, 2024, and June 26, 2024, respectively. With an average price target of $2.33 between JMP Securities, Jefferies, and JMP Securities, there's an implied 159.26% upside for Allakos Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Allakos (NASDAQ:ALLK) was reported by JMP Securities on September 26, 2024. The analyst firm set a price target for $3.00 expecting ALLK to rise to within 12 months (a possible 233.33% upside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for Allakos (NASDAQ:ALLK) was provided by JMP Securities, and Allakos reiterated their market outperform rating.
The last upgrade for Allakos Inc happened on December 18, 2023 when William Blair raised their price target to N/A. William Blair previously had a market perform for Allakos Inc.
The last downgrade for Allakos Inc happened on January 17, 2024 when Jefferies changed their price target from $6 to $1.5 for Allakos Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Allakos, 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 Allakos was filed on September 26, 2024 so you should expect the next rating to be made available sometime around September 26, 2025.
While ratings are subjective and will change, the latest Allakos (ALLK) rating was a reiterated with a price target of $3.00 to $3.00. The current price Allakos (ALLK) is trading at is $0.90, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.