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Iovance Biotherapeutics Inc has a consensus price target of $21.18 based on the ratings of 18 analysts. The high is $34 issued by Chardan Capital on February 20, 2024. The low is $6 issued by Goldman Sachs on December 9, 2022. The 3 most-recent analyst ratings were released by HC Wainwright & Co., UBS, and HC Wainwright & Co. on November 6, 2024, October 24, 2024, and August 12, 2024, respectively. With an average price target of $27 between HC Wainwright & Co., UBS, and HC Wainwright & Co., there's an implied 234.98% upside for Iovance Biotherapeutics Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Iovance Biotherapeutics (NASDAQ:IOVA) was reported by HC Wainwright & Co. on November 6, 2024. The analyst firm set a price target for $32.00 expecting IOVA to rise to within 12 months (a possible 297.02% upside). 25 analyst firms have reported ratings in the last year.
The latest analyst rating for Iovance Biotherapeutics (NASDAQ:IOVA) was provided by HC Wainwright & Co., and Iovance Biotherapeutics reiterated their buy rating.
The last upgrade for Iovance Biotherapeutics Inc happened on May 30, 2023 when Wells Fargo raised their price target to $17. Wells Fargo previously had an equal-weight for Iovance Biotherapeutics Inc.
The last downgrade for Iovance Biotherapeutics Inc happened on July 29, 2024 when Piper Sandler changed their price target from $19 to $10 for Iovance Biotherapeutics Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Iovance Biotherapeutics, 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 Iovance Biotherapeutics was filed on November 6, 2024 so you should expect the next rating to be made available sometime around November 6, 2025.
While ratings are subjective and will change, the latest Iovance Biotherapeutics (IOVA) rating was a reiterated with a price target of $32.00 to $32.00. The current price Iovance Biotherapeutics (IOVA) is trading at is $8.06, which is out of the analyst’s predicted range.
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