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Pacira BioSciences Inc has a consensus price target of $35.54 based on the ratings of 13 analysts. The high is $94 issued by Wedbush on February 28, 2022. The low is $8 issued by Truist Securities on August 13, 2024. The 3 most-recent analyst ratings were released by Barclays, Needham, and RBC Capital on November 12, 2024, November 8, 2024, and November 7, 2024, respectively. With an average price target of $18.33 between Barclays, Needham, and RBC Capital, there's an implied 4.46% upside for Pacira BioSciences Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Pacira BioSciences (NASDAQ:PCRX) was reported by Barclays on November 12, 2024. The analyst firm set a price target for $17.00 expecting PCRX to fall to within 12 months (a possible -3.13% downside). 28 analyst firms have reported ratings in the last year.
The latest analyst rating for Pacira BioSciences (NASDAQ:PCRX) was provided by Barclays, and Pacira BioSciences maintained their equal-weight rating.
The last upgrade for Pacira BioSciences Inc happened on August 3, 2023 when TD Cowen raised their price target to $50. TD Cowen previously had a market perform for Pacira BioSciences Inc.
The last downgrade for Pacira BioSciences Inc happened on August 13, 2024 when Truist Securities changed their price target from $30 to $8 for Pacira BioSciences Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Pacira 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 Pacira BioSciences was filed on November 12, 2024 so you should expect the next rating to be made available sometime around November 12, 2025.
While ratings are subjective and will change, the latest Pacira BioSciences (PCRX) rating was a maintained with a price target of $25.00 to $17.00. The current price Pacira BioSciences (PCRX) is trading at is $17.55, which is out of the analyst’s predicted range.
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