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Edgewise Therapeutics Inc has a consensus price target of $38 based on the ratings of 8 analysts. The high is $51 issued by Piper Sandler on October 11, 2024. The low is $5 issued by Goldman Sachs on August 25, 2022. The 3 most-recent analyst ratings were released by Evercore ISI Group, Truist Securities, and Evercore ISI Group on December 17, 2024, November 27, 2024, and November 22, 2024, respectively. With an average price target of $48.33 between Evercore ISI Group, Truist Securities, and Evercore ISI Group, there's an implied 57.03% upside for Edgewise Therapeutics Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Edgewise Therapeutics (NASDAQ:EWTX) was reported by Evercore ISI Group on December 17, 2024. The analyst firm set a price target for $50.00 expecting EWTX to rise to within 12 months (a possible 62.44% upside). 20 analyst firms have reported ratings in the last year.
The latest analyst rating for Edgewise Therapeutics (NASDAQ:EWTX) was provided by Evercore ISI Group, and Edgewise Therapeutics maintained their outperform rating.
There is no last upgrade for Edgewise Therapeutics
The last downgrade for Edgewise Therapeutics Inc happened on August 25, 2022 when Goldman Sachs changed their price target from N/A to $5 for Edgewise Therapeutics Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Edgewise 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 Edgewise Therapeutics was filed on December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 2025.
While ratings are subjective and will change, the latest Edgewise Therapeutics (EWTX) rating was a maintained with a price target of $45.00 to $50.00. The current price Edgewise Therapeutics (EWTX) is trading at is $30.78, which is out of the analyst’s predicted range.
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