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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., BMO Capital, and UBS on December 30, 2024, November 13, 2024, and October 24, 2024, respectively. With an average price target of $114.67 between HC Wainwright & Co., BMO Capital, and UBS, there's an implied 48.49% 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 December 30, 2024. The analyst firm set a price target for $110.00 expecting NUVL to rise to within 12 months (a possible 42.45% upside). 19 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 initiated 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 December 30, 2024 so you should expect the next rating to be made available sometime around December 30, 2025.
While ratings are subjective and will change, the latest Nuvalent (NUVL) rating was a initiated with a price target of $0.00 to $110.00. The current price Nuvalent (NUVL) is trading at is $77.22, which is within the analyst’s predicted range.
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