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Bicycle Therapeutics PLC has a consensus price target of $42 based on the ratings of 16 analysts. The high is $60 issued by Canaccord Genuity on February 21, 2024. The low is $25 issued by Stephens & Co. on November 8, 2024. The 3 most-recent analyst ratings were released by Stephens & Co., RBC Capital, and HC Wainwright & Co. on November 8, 2024, November 1, 2024, and November 1, 2024, respectively. With an average price target of $38.33 between Stephens & Co., RBC Capital, and HC Wainwright & Co., there's an implied 87.17% upside for Bicycle Therapeutics PLC from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Bicycle Therapeutics (NASDAQ:BCYC) was reported by Stephens & Co. on November 8, 2024. The analyst firm set a price target for $25.00 expecting BCYC to rise to within 12 months (a possible 22.07% upside). 23 analyst firms have reported ratings in the last year.
The latest analyst rating for Bicycle Therapeutics (NASDAQ:BCYC) was provided by Stephens & Co., and Bicycle Therapeutics initiated their equal-weight rating.
The last upgrade for Bicycle Therapeutics PLC happened on September 12, 2023 when B. Riley Securities raised their price target to $33. B. Riley Securities previously had a neutral for Bicycle Therapeutics PLC.
The last downgrade for Bicycle Therapeutics PLC happened on August 7, 2024 when B. Riley Securities changed their price target from $33 to $28 for Bicycle Therapeutics PLC.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Bicycle Therapeutics, 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 Bicycle Therapeutics was filed on November 8, 2024 so you should expect the next rating to be made available sometime around November 8, 2025.
While ratings are subjective and will change, the latest Bicycle Therapeutics (BCYC) rating was a initiated with a price target of $0.00 to $25.00. The current price Bicycle Therapeutics (BCYC) is trading at is $20.48, which is within the analyst’s predicted range.
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