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Bicycle Therapeutics PLC has a consensus price target of $38.79 based on the ratings of 16 analysts. The high is $60 issued by Canaccord Genuity on February 21, 2024. The low is $17 issued by B. Riley Securities on December 13, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co., Needham, and JMP Securities on January 13, 2025, January 13, 2025, and December 18, 2024, respectively. With an average price target of $30.33 between HC Wainwright & Co., Needham, and JMP Securities, there's an implied 123.70% 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 HC Wainwright & Co. on January 13, 2025. The analyst firm set a price target for $33.00 expecting BCYC to rise to within 12 months (a possible 143.36% upside). 26 analyst firms have reported ratings in the last year.
The latest analyst rating for Bicycle Therapeutics (NASDAQ:BCYC) was provided by HC Wainwright & Co., and Bicycle Therapeutics reiterated their buy 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 January 13, 2025 so you should expect the next rating to be made available sometime around January 13, 2026.
While ratings are subjective and will change, the latest Bicycle Therapeutics (BCYC) rating was a reiterated with a price target of $33.00 to $33.00. The current price Bicycle Therapeutics (BCYC) is trading at is $13.56, which is out of the analyst’s predicted range.
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