Consensus Rating1
Buy
Highest Price Target1
$135.00
Lowest Price Target1
$42.00
Consensus Price Target1
$102.62

Nuvalent (NASDAQ:NUVL) Stock, Analyst Ratings, Price Targets, Forecasts

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.

Analyst Trends and Forecast
1
Aug 24
6
Sep 24
1
1
Oct 24
1
Nov 24
1
Dec 24
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.9
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.
BMO Capital
UBS
JP Morgan
Guggenheim

1calculated from analyst ratings

Analyst Ratings for Nuvalent

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FAQ

Q

What is the target price for Nuvalent (NUVL) stock?

A

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.

Q

What is the most recent analyst rating for Nuvalent (NUVL)?

A

The latest analyst rating for Nuvalent (NASDAQ:NUVL) was provided by HC Wainwright & Co., and Nuvalent initiated their buy rating.

Q

When was the last upgrade for Nuvalent (NUVL)?

A

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.

Q

When was the last downgrade for Nuvalent (NUVL)?

A

There is no last downgrade for Nuvalent.

Q

When is the next analyst rating going to be posted or updated for Nuvalent (NUVL)?

A

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.

Q

Is the Analyst Rating Nuvalent (NUVL) correct?

A

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.

Browse analyst ratings and price targets on all stocks.

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