Consensus Rating1
Buy
Highest Price Target1
$30.00
Lowest Price Target1
$12.00
Consensus Price Target1
$23.38

Phathom Pharmaceuticals (NASDAQ:PHAT) Stock, Analyst Ratings, Price Targets, Forecasts

Phathom Pharmaceuticals Inc has a consensus price target of $23.38 based on the ratings of 9 analysts. The high is $30 issued by BMO Capital on March 1, 2023. The low is $12 issued by Goldman Sachs on August 9, 2024. The 3 most-recent analyst ratings were released by Needham on September 13, 2024, September 6, 2024, and August 30, 2024, respectively. With an average price target of $26 between Needham, there's an implied 199.88% upside for Phathom Pharmaceuticals Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
4
Jun
6
Jul
5
1
Aug
2
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Needham
HC Wainwright & Co.
Goldman Sachs
Stifel
Craig-Hallum

1calculated from analyst ratings

Analyst Ratings for Phathom Pharmaceuticals

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Phathom Pharmaceuticals (PHAT) stock?

A

The latest price target for Phathom Pharmaceuticals (NASDAQ:PHAT) was reported by Needham on September 13, 2024. The analyst firm set a price target for $26.00 expecting PHAT to rise to within 12 months (a possible 199.88% upside). 42 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Phathom Pharmaceuticals (PHAT)?

A

The latest analyst rating for Phathom Pharmaceuticals (NASDAQ:PHAT) was provided by Needham, and Phathom Pharmaceuticals reiterated their buy rating.

Q

When was the last upgrade for Phathom Pharmaceuticals (PHAT)?

A

The last upgrade for Phathom Pharmaceuticals Inc happened on May 11, 2023 when Evercore ISI Group raised their price target to N/A. Evercore ISI Group previously had an in-line for Phathom Pharmaceuticals Inc.

Q

When was the last downgrade for Phathom Pharmaceuticals (PHAT)?

A

The last downgrade for Phathom Pharmaceuticals Inc happened on May 6, 2022 when Evercore ISI Group changed their price target from N/A to N/A for Phathom Pharmaceuticals Inc.

Q

When is the next analyst rating going to be posted or updated for Phathom Pharmaceuticals (PHAT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Phathom Pharmaceuticals, 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 Phathom Pharmaceuticals was filed on September 13, 2024 so you should expect the next rating to be made available sometime around September 13, 2025.

Q

Is the Analyst Rating Phathom Pharmaceuticals (PHAT) correct?

A

While ratings are subjective and will change, the latest Phathom Pharmaceuticals (PHAT) rating was a reiterated with a price target of $26.00 to $26.00. The current price Phathom Pharmaceuticals (PHAT) is trading at is $8.67, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch