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Kala Bio Inc has a consensus price target of $8.88 based on the ratings of 4 analysts. The high is $15 issued by HC Wainwright & Co. on November 15, 2024. The low is $1.5 issued by JP Morgan on March 30, 2022. The 3 most-recent analyst ratings were released by HC Wainwright & Co., Oppenheimer, and HC Wainwright & Co. on November 15, 2024, August 19, 2024, and May 17, 2024, respectively. With an average price target of $16 between HC Wainwright & Co., Oppenheimer, and HC Wainwright & Co., there's an implied 172.11% upside for Kala Bio Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Kala Bio (NASDAQ:KALA) was reported by HC Wainwright & Co. on November 15, 2024. The analyst firm set a price target for $15.00 expecting KALA to rise to within 12 months (a possible 155.10% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Kala Bio (NASDAQ:KALA) was provided by HC Wainwright & Co., and Kala Bio reiterated their buy rating.
There is no last upgrade for Kala Bio
The last downgrade for Kala Bio Inc happened on March 30, 2022 when JP Morgan changed their price target from N/A to $1.5 for Kala Bio Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Kala Bio, 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 Kala Bio was filed on November 15, 2024 so you should expect the next rating to be made available sometime around November 15, 2025.
While ratings are subjective and will change, the latest Kala Bio (KALA) rating was a reiterated with a price target of $15.00 to $15.00. The current price Kala Bio (KALA) is trading at is $5.88, which is out of the analyst’s predicted range.
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