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Inhibikase Therapeutics Inc has a consensus price target of $6.5 based on the ratings of 3 analysts. The high is $8 issued by Jefferies on November 8, 2024. The low is $5 issued by HC Wainwright & Co. on October 14, 2024. The 3 most-recent analyst ratings were released by Jefferies, HC Wainwright & Co., and HC Wainwright & Co. on November 8, 2024, October 14, 2024, and August 16, 2024, respectively. With an average price target of $9.33 between Jefferies, HC Wainwright & Co., and HC Wainwright & Co., there's an implied 369.01% upside for Inhibikase Therapeutics Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Inhibikase Therapeutics (NASDAQ:IKT) was reported by Jefferies on November 8, 2024. The analyst firm set a price target for $8.00 expecting IKT to rise to within 12 months (a possible 302.01% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Inhibikase Therapeutics (NASDAQ:IKT) was provided by Jefferies, and Inhibikase Therapeutics initiated their buy rating.
There is no last upgrade for Inhibikase Therapeutics
The last downgrade for Inhibikase Therapeutics Inc happened on November 16, 2022 when JonesTrading changed their price target from N/A to N/A for Inhibikase Therapeutics Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Inhibikase 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 Inhibikase Therapeutics was filed on November 8, 2024 so you should expect the next rating to be made available sometime around November 8, 2025.
While ratings are subjective and will change, the latest Inhibikase Therapeutics (IKT) rating was a initiated with a price target of $0.00 to $8.00. The current price Inhibikase Therapeutics (IKT) is trading at is $1.99, which is within the analyst’s predicted range.
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