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Cybin Inc has a consensus price target of $4.25 based on the ratings of 6 analysts. The high is $5 issued by HC Wainwright & Co. on August 23, 2024. The low is $3 issued by EF Hutton on June 20, 2023. The 3 most-recent analyst ratings were released by HC Wainwright & Co. on August 23, 2024, July 31, 2024, and May 16, 2024, respectively. With an average price target of $5 between HC Wainwright & Co., there's an implied 1765.67% upside for Cybin Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Cybin (AMEX:CYBN) was reported by HC Wainwright & Co. on August 23, 2024. The analyst firm set a price target for $5.00 expecting CYBN to rise to within 12 months (a possible 1765.67% upside). 13 analyst firms have reported ratings in the last year.
The latest analyst rating for Cybin (AMEX:CYBN) was provided by HC Wainwright & Co., and Cybin reiterated their buy rating.
There is no last upgrade for Cybin
The last downgrade for Cybin Inc happened on November 19, 2021 when Maxim Group changed their price target from N/A to N/A for Cybin Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cybin, 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 Cybin was filed on August 23, 2024 so you should expect the next rating to be made available sometime around August 23, 2025.
While ratings are subjective and will change, the latest Cybin (CYBN) rating was a reiterated with a price target of $5.00 to $5.00. The current price Cybin (CYBN) is trading at is $0.27, which is out of the analyst’s predicted range.
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