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Cogent Biosciences Inc has a consensus price target of $17.11 based on the ratings of 10 analysts. The high is $26 issued by Guggenheim on June 13, 2023. The low is $10 issued by Baird on September 5, 2024. The 3 most-recent analyst ratings were released by Needham on December 11, 2024, December 10, 2024, and December 9, 2024, respectively. With an average price target of $15 between Needham, there's an implied 91.33% upside for Cogent Biosciences Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Cogent Biosciences (NASDAQ:COGT) was reported by Needham on December 11, 2024. The analyst firm set a price target for $15.00 expecting COGT to rise to within 12 months (a possible 91.33% upside). 26 analyst firms have reported ratings in the last year.
The latest analyst rating for Cogent Biosciences (NASDAQ:COGT) was provided by Needham, and Cogent Biosciences downgraded their hold rating.
There is no last upgrade for Cogent Biosciences
The last downgrade for Cogent Biosciences Inc happened on December 11, 2024 when Needham changed their price target from $15 to $15 for Cogent Biosciences Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cogent Biosciences, 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 Cogent Biosciences was filed on December 11, 2024 so you should expect the next rating to be made available sometime around December 11, 2025.
While ratings are subjective and will change, the latest Cogent Biosciences (COGT) rating was a downgraded with a price target of $15.00 to $15.00. The current price Cogent Biosciences (COGT) is trading at is $7.84, which is out of the analyst’s predicted range.
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