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Amylyx Pharmaceuticals Inc has a consensus price target of $26.89 based on the ratings of 11 analysts. The high is $54 issued by Citigroup on March 14, 2023. The low is $3 issued by Mizuho on May 14, 2024. The 3 most-recent analyst ratings were released by Baird, HC Wainwright & Co., and HC Wainwright & Co. on November 18, 2024, November 8, 2024, and October 18, 2024, respectively. With an average price target of $10.33 between Baird, HC Wainwright & Co., and HC Wainwright & Co., there's an implied 97.39% upside for Amylyx Pharmaceuticals Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Amylyx Pharma (NASDAQ:AMLX) was reported by Baird on November 18, 2024. The analyst firm set a price target for $11.00 expecting AMLX to rise to within 12 months (a possible 110.12% upside). 21 analyst firms have reported ratings in the last year.
The latest analyst rating for Amylyx Pharma (NASDAQ:AMLX) was provided by Baird, and Amylyx Pharma upgraded their outperform rating.
The last upgrade for Amylyx Pharmaceuticals Inc happened on November 18, 2024 when Baird raised their price target to $11. Baird previously had a neutral for Amylyx Pharmaceuticals Inc.
The last downgrade for Amylyx Pharmaceuticals Inc happened on March 11, 2024 when Goldman Sachs changed their price target from $40 to $4 for Amylyx Pharmaceuticals Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Amylyx Pharma, 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 Amylyx Pharma was filed on November 18, 2024 so you should expect the next rating to be made available sometime around November 18, 2025.
While ratings are subjective and will change, the latest Amylyx Pharma (AMLX) rating was a upgraded with a price target of $3.00 to $11.00. The current price Amylyx Pharma (AMLX) is trading at is $5.24, which is within the analyst’s predicted range.
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