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Cidara Therapeutics

CDTXNASDAQ
Logo brought to you by Benzinga Data
$14.96
0.594.11%
At close: -
$14.50
-0.46-3.07%
After Hours: 8:44 AM EDT
Consensus Rating1
Buy
Highest Price Target1
$40.00
Lowest Price Target1
$24.00
Consensus Price Target1
$30.50

Cidara Therapeutics (NASDAQ:CDTX) Stock, Analyst Ratings, Price Targets, Forecasts

Cidara Therapeutics Inc has a consensus price target of $30.5 based on the ratings of 5 analysts. The high is $40 issued by WBB Securities on April 25, 2024. The low is $24 issued by HC Wainwright & Co. on November 11, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co., Guggenheim, and HC Wainwright & Co. on November 11, 2024, November 8, 2024, and October 22, 2024, respectively. With an average price target of $27 between HC Wainwright & Co., Guggenheim, and HC Wainwright & Co., there's an implied 86.21% upside for Cidara Therapeutics Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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Jun
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Aug
1
Sep
1
Oct
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Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
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4.3
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.
Guggenheim
Needham
WBB Securities

1calculated from analyst ratings

Analyst Ratings for Cidara Therapeutics

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FAQ

Q

What is the target price for Cidara Therapeutics (CDTX) stock?

A

The latest price target for Cidara Therapeutics (NASDAQ:CDTX) was reported by HC Wainwright & Co. on November 11, 2024. The analyst firm set a price target for $24.00 expecting CDTX to rise to within 12 months (a possible 65.52% upside). 15 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Cidara Therapeutics (CDTX)?

A

The latest analyst rating for Cidara Therapeutics (NASDAQ:CDTX) was provided by HC Wainwright & Co., and Cidara Therapeutics reiterated their buy rating.

Q

When was the last upgrade for Cidara Therapeutics (CDTX)?

A

The last upgrade for Cidara Therapeutics Inc happened on August 14, 2024 when HC Wainwright & Co. raised their price target to $24. HC Wainwright & Co. previously had a neutral for Cidara Therapeutics Inc.

Q

When was the last downgrade for Cidara Therapeutics (CDTX)?

A

There is no last downgrade for Cidara Therapeutics.

Q

When is the next analyst rating going to be posted or updated for Cidara Therapeutics (CDTX)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cidara 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 Cidara Therapeutics was filed on November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.

Q

Is the Analyst Rating Cidara Therapeutics (CDTX) correct?

A

While ratings are subjective and will change, the latest Cidara Therapeutics (CDTX) rating was a reiterated with a price target of $24.00 to $24.00. The current price Cidara Therapeutics (CDTX) is trading at is $14.50, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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