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Nuvalent Inc has a consensus price target of $102.62 based on the ratings of 13 analysts. The high is $135 issued by Stifel on September 16, 2024. The low is $42 issued by SVB Leerink on August 8, 2023. The 3 most-recent analyst ratings were released by HC Wainwright & Co., HC Wainwright & Co., and BMO Capital on January 17, 2025, December 30, 2024, and November 13, 2024, respectively. With an average price target of $118 between HC Wainwright & Co., HC Wainwright & Co., and BMO Capital, there's an implied 48.52% upside for Nuvalent Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Nuvalent (NASDAQ:NUVL) was reported by HC Wainwright & Co. on January 17, 2025. The analyst firm set a price target for $110.00 expecting NUVL to rise to within 12 months (a possible 38.45% upside). 20 analyst firms have reported ratings in the last year.
The latest analyst rating for Nuvalent (NASDAQ:NUVL) was provided by HC Wainwright & Co., and Nuvalent reiterated their buy rating.
The last upgrade for Nuvalent Inc happened on April 1, 2024 when Leerink Partners raised their price target to $110. Leerink Partners previously had a market perform for Nuvalent Inc.
There is no last downgrade for Nuvalent.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nuvalent, 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 Nuvalent was filed on January 17, 2025 so you should expect the next rating to be made available sometime around January 17, 2026.
While ratings are subjective and will change, the latest Nuvalent (NUVL) rating was a reiterated with a price target of $110.00 to $110.00. The current price Nuvalent (NUVL) is trading at is $79.45, which is out of the analyst’s predicted range.
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