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Cingulate Inc has a consensus price target of $8.5 based on the ratings of 4 analysts. The high is $9 issued by Aegis Capital on January 11, 2022. The low is $8 issued by HC Wainwright & Co. on January 5, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co. on January 5, 2024, September 26, 2023, and January 17, 2023, respectively. With an average price target of $5.67 between HC Wainwright & Co., there's an implied 27.06% upside for Cingulate Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Cingulate (NASDAQ:CING) was reported by Maxim Group on November 20, 2024. The analyst firm set a price target for $0.00 expecting CING to fall to within 12 months (a possible -100.00% downside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Cingulate (NASDAQ:CING) was provided by Maxim Group, and Cingulate upgraded their buy rating.
The last upgrade for Cingulate Inc happened on November 20, 2024 when Maxim Group raised their price target to N/A. Maxim Group previously had a hold for Cingulate Inc.
The last downgrade for Cingulate Inc happened on December 22, 2023 when Laidlaw & Co. changed their price target from N/A to N/A for Cingulate Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cingulate, 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 Cingulate was filed on November 20, 2024 so you should expect the next rating to be made available sometime around November 20, 2025.
While ratings are subjective and will change, the latest Cingulate (CING) rating was a upgraded with a price target of $0.00 to $0.00. The current price Cingulate (CING) is trading at is $4.46, which is out of the analyst’s predicted range.
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