MBX Biosciences Inc has a consensus price target of $37.25 based on the ratings of 4 analysts. The high is $44 issued by Guggenheim on October 8, 2024. The low is $30 issued by JP Morgan on October 8, 2024. The 3 most-recent analyst ratings were released by Jefferies, JP Morgan, and Stifel on October 8, 2024, respectively. With an average price target of $35 between Jefferies, JP Morgan, and Stifel, there's an implied 66.91% upside for MBX Biosciences Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for MBX Biosciences (NASDAQ:MBX) was reported by Jefferies on October 8, 2024. The analyst firm set a price target for $35.00 expecting MBX to rise to within 12 months (a possible 66.91% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for MBX Biosciences (NASDAQ:MBX) was provided by Jefferies, and MBX Biosciences initiated their buy rating.
There is no last upgrade for MBX Biosciences
There is no last downgrade for MBX Biosciences.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MBX 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 MBX Biosciences was filed on October 8, 2024 so you should expect the next rating to be made available sometime around October 8, 2025.
While ratings are subjective and will change, the latest MBX Biosciences (MBX) rating was a initiated with a price target of $0.00 to $35.00. The current price MBX Biosciences (MBX) is trading at is $20.97, which is within the analyst’s predicted range.
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