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Amphastar Pharmaceuticals Inc has a consensus price target of $57.43 based on the ratings of 8 analysts. The high is $70 issued by Jefferies on July 25, 2023. The low is $44 issued by Wells Fargo on May 17, 2023. The 3 most-recent analyst ratings were released by Wells Fargo, Piper Sandler, and Piper Sandler on November 22, 2024, August 8, 2024, and June 27, 2024, respectively. With an average price target of $64 between Wells Fargo, Piper Sandler, and Piper Sandler, there's an implied 63.52% upside for Amphastar Pharmaceuticals Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Amphastar Pharma (NASDAQ:AMPH) was reported by Wells Fargo on November 22, 2024. The analyst firm set a price target for $55.00 expecting AMPH to rise to within 12 months (a possible 40.52% upside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for Amphastar Pharma (NASDAQ:AMPH) was provided by Wells Fargo, and Amphastar Pharma initiated their overweight rating.
The last upgrade for Amphastar Pharmaceuticals Inc happened on January 7, 2022 when Piper Sandler raised their price target to $28. Piper Sandler previously had a neutral for Amphastar Pharmaceuticals Inc.
There is no last downgrade for Amphastar Pharma.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Amphastar 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 Amphastar Pharma was filed on November 22, 2024 so you should expect the next rating to be made available sometime around November 22, 2025.
While ratings are subjective and will change, the latest Amphastar Pharma (AMPH) rating was a initiated with a price target of $0.00 to $55.00. The current price Amphastar Pharma (AMPH) is trading at is $39.14, which is within the analyst’s predicted range.
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