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Pacific Biosciences of California Inc has a consensus price target of $4.79 based on the ratings of 17 analysts. The high is $17 issued by Goldman Sachs on June 30, 2023. The low is $2 issued by UBS on November 11, 2024. The 3 most-recent analyst ratings were released by UBS, Scotiabank, and Piper Sandler on November 11, 2024, respectively. With an average price target of $3.5 between UBS, Scotiabank, and Piper Sandler, there's an implied 103.49% upside for Pacific Biosciences of California Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Pacific Biosciences (NASDAQ:PACB) was reported by UBS on November 11, 2024. The analyst firm set a price target for $2.00 expecting PACB to rise to within 12 months (a possible 16.28% upside). 25 analyst firms have reported ratings in the last year.
The latest analyst rating for Pacific Biosciences (NASDAQ:PACB) was provided by UBS, and Pacific Biosciences downgraded their neutral rating.
The last upgrade for Pacific Biosciences of California Inc happened on November 17, 2023 when UBS raised their price target to $10. UBS previously had a neutral for Pacific Biosciences of California Inc.
The last downgrade for Pacific Biosciences of California Inc happened on November 11, 2024 when UBS changed their price target from N/A to $2 for Pacific Biosciences of California Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Pacific 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 Pacific Biosciences was filed on November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.
While ratings are subjective and will change, the latest Pacific Biosciences (PACB) rating was a downgraded with a price target of $0.00 to $2.00. The current price Pacific Biosciences (PACB) is trading at is $1.72, which is within the analyst’s predicted range.
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