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Nektar Therapeutics

NKTRNASDAQ
Logo brought to you by Benzinga Data
$1.03
-0.04-3.74%
At close: -
$1.02
-0.01-0.97%
After Hours: 4:09 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$7.00
Lowest Price Target1
$1.00
Consensus Price Target1
$4.22

Nektar Therapeutics (NASDAQ:NKTR) Stock, Analyst Ratings, Price Targets, Forecasts

Nektar Therapeutics has a consensus price target of $4.22 based on the ratings of 12 analysts. The high is $7 issued by Piper Sandler on November 4, 2024. The low is $1 issued by Jefferies on March 6, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, BTIG, and Jefferies on November 4, 2024, September 30, 2024, and March 6, 2024, respectively. With an average price target of $4 between Piper Sandler, BTIG, and Jefferies, there's an implied 292.16% upside for Nektar Therapeutics from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Sep
1
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.3
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Piper Sandler
BTIG
Jefferies
Mizuho
Oppenheimer

1calculated from analyst ratings

Analyst Ratings for Nektar Therapeutics

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Nektar Therapeutics (NKTR) stock?

A

The latest price target for Nektar Therapeutics (NASDAQ:NKTR) was reported by Piper Sandler on November 4, 2024. The analyst firm set a price target for $7.00 expecting NKTR to rise to within 12 months (a possible 586.27% upside). 4 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Nektar Therapeutics (NKTR)?

A

The latest analyst rating for Nektar Therapeutics (NASDAQ:NKTR) was provided by Piper Sandler, and Nektar Therapeutics initiated their overweight rating.

Q

When was the last upgrade for Nektar Therapeutics (NKTR)?

A

The last upgrade for Nektar Therapeutics happened on November 9, 2023 when TD Cowen raised their price target to N/A. TD Cowen previously had a market perform for Nektar Therapeutics.

Q

When was the last downgrade for Nektar Therapeutics (NKTR)?

A

The last downgrade for Nektar Therapeutics happened on February 24, 2023 when Jefferies changed their price target from $3.2 to $1.5 for Nektar Therapeutics.

Q

When is the next analyst rating going to be posted or updated for Nektar Therapeutics (NKTR)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nektar 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 Nektar Therapeutics was filed on November 4, 2024 so you should expect the next rating to be made available sometime around November 4, 2025.

Q

Is the Analyst Rating Nektar Therapeutics (NKTR) correct?

A

While ratings are subjective and will change, the latest Nektar Therapeutics (NKTR) rating was a initiated with a price target of $0.00 to $7.00. The current price Nektar Therapeutics (NKTR) is trading at is $1.02, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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