Consensus Rating1
Outperform
Highest Price Target1
$55.00
Lowest Price Target1
$8.00
Consensus Price Target1
$21.08

IGM Biosciences (NASDAQ:IGMS) Stock, Analyst Ratings, Price Targets, Forecasts

IGM Biosciences Inc has a consensus price target of $21.08 based on the ratings of 14 analysts. The high is $55 issued by Jefferies on November 9, 2022. The low is $8 issued by B of A Securities on December 15, 2023. The 3 most-recent analyst ratings were released by BMO Capital, Stifel, and RBC Capital on December 6, 2024, November 11, 2024, and October 18, 2024, respectively. With an average price target of $22.67 between BMO Capital, Stifel, and RBC Capital, there's an implied 209.65% upside for IGM Biosciences Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
3
1
Aug
1
Sep
4
1
Oct
1
Nov
1
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.3
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

BMO Capital
Stifel
RBC Capital
Guggenheim
Wedbush

1calculated from analyst ratings

Analyst Ratings for IGM Biosciences

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FAQ

Q

What is the target price for IGM Biosciences (IGMS) stock?

A

The latest price target for IGM Biosciences (NASDAQ:IGMS) was reported by BMO Capital on December 6, 2024. The analyst firm set a price target for $21.00 expecting IGMS to rise to within 12 months (a possible 186.89% upside). 20 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for IGM Biosciences (IGMS)?

A

The latest analyst rating for IGM Biosciences (NASDAQ:IGMS) was provided by BMO Capital, and IGM Biosciences initiated their outperform rating.

Q

When was the last upgrade for IGM Biosciences (IGMS)?

A

The last upgrade for IGM Biosciences Inc happened on February 9, 2024 when RBC Capital raised their price target to $21. RBC Capital previously had a sector perform for IGM Biosciences Inc.

Q

When was the last downgrade for IGM Biosciences (IGMS)?

A

The last downgrade for IGM Biosciences Inc happened on October 1, 2024 when JP Morgan changed their price target from $12 to $9 for IGM Biosciences Inc.

Q

When is the next analyst rating going to be posted or updated for IGM Biosciences (IGMS)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of IGM 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 IGM Biosciences was filed on December 6, 2024 so you should expect the next rating to be made available sometime around December 6, 2025.

Q

Is the Analyst Rating IGM Biosciences (IGMS) correct?

A

While ratings are subjective and will change, the latest IGM Biosciences (IGMS) rating was a initiated with a price target of $0.00 to $21.00. The current price IGM Biosciences (IGMS) is trading at is $7.32, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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