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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.
1calculated from analyst ratings
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.
The latest analyst rating for Cidara Therapeutics (NASDAQ:CDTX) was provided by HC Wainwright & Co., and Cidara Therapeutics reiterated their buy rating.
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.
There is no last downgrade for Cidara Therapeutics.
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.
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.
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