Prelude Therapeutics

PRLDNASDAQ
$3.77
00.00%
Last update: 4:00 PM
15 minutes delayed
Consensus Rating1
Overweight
Highest Price Target1
$35.00
Lowest Price Target1
$4.00
Consensus Price Target1
$10.14

Prelude Therapeutics (NASDAQ:PRLD) Stock, Analyst Ratings, Price Targets, Predictions

Prelude Therapeutics Inc has a consensus price target of $10.14, established from looking at the 22 latest analyst ratings. The last 3 analyst ratings were released from JMP Securities, HC Wainwright & Co., and Morgan Stanley on March 13, 2024, February 20, 2024, and December 19, 2023. With an average price target of $5.33 between JMP Securities, HC Wainwright & Co., and Morgan Stanley, there's an implied 41.09% upside for Prelude Therapeutics Inc from these 3 analyst ratings.

Analyst Trends and Forecast
1
Feb
0
0
0
0
Mar
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.7
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JMP Securities
HC Wainwright & Co.
Morgan Stanley
Barclays
B of A Securities

1calculated from analyst ratings

Analyst Ratings for Prelude Therapeutics

Buy NowGet Alert
03/13/2024Buy Now85.19%JMP Securities
Reni Benjamin
→ $7Initiates → Market OutperformGet Alert
02/20/2024Buy Now32.28%HC Wainwright & Co.
Robert Burns
→ $5DowngradeBuy → NeutralGet Alert
12/19/2023Buy Now5.82%Morgan Stanley
Jeffrey Hung
$10 → $4DowngradeEqual-Weight → UnderweightGet Alert
11/07/2023Buy Now32.28%HC Wainwright & Co.
Robert Burns
$6 → $5MaintainsBuyGet Alert
10/19/2023Buy Now58.73%HC Wainwright & Co.
Robert Burns
$17 → $6MaintainsBuyGet Alert
08/17/2023Buy Now349.74%HC Wainwright & Co.
Robert Burns
→ $17ReiteratesBuy → BuyGet Alert
08/04/2023Buy Now164.55%Morgan Stanley
Jeffrey Hung
$10 → $10ReiteratesEqual-Weight → Equal-WeightGet Alert
08/04/2023Buy Now32.28%Barclays
Peter Lawson
$7 → $5MaintainsEqual-WeightGet Alert
03/17/2023Buy Now349.74%HC Wainwright & Co.
Robert Burns
$15 → $17MaintainsBuyGet Alert
11/21/2022Buy Now58.73%B of A Securities
Tazeen Ahmad
→ $6DowngradeNeutral → UnderperformGet Alert
11/17/2022Buy Now296.83%HC Wainwright & Co.
Robert Burns
$16 → $15MaintainsBuyGet Alert
11/15/2022Buy Now164.55%Morgan Stanley
Jeffrey Hung
$11 → $10MaintainsEqual-WeightGet Alert
09/09/2022Buy Now191.01%Morgan Stanley
Jeffrey Hung
$19 → $11DowngradeOverweight → Equal-WeightGet Alert
07/29/2022Buy Now138.1%Jefferies
Roger Song
→ $9Initiates → BuyGet Alert
05/12/2022Buy Now323.28%HC Wainwright & Co.
Robert Burns
$62 → $16MaintainsBuyGet Alert
03/17/2022Buy Now402.65%Morgan Stanley
Jeffrey Hung
$20 → $19MaintainsOverweightGet Alert
03/15/2022Buy Now164.55%B of A Securities
Tazeen Ahmad
$50 → $10DowngradeBuy → NeutralGet Alert
02/28/2022Buy Now217.46%Barclays
Peter Lawson
$20 → $12DowngradeOverweight → Equal-WeightGet Alert
11/17/2021Buy Now429.1%Barclays
Peter Lawson
MaintainsOverweightGet Alert
10/11/2021Buy Now825.93%Morgan StanleyUpgradeEqual-Weight → OverweightGet Alert
10/08/2021Buy Now773.02%Barclays
Peter Lawson
MaintainsOverweightGet Alert
07/27/2021Buy Now1487.3%B of A Securities
Tazeen Ahmad
UpgradeNeutral → BuyGet Alert

FAQ

Q

What is the target price for Prelude Therapeutics (PRLD) stock?

A

The latest price target for Prelude Therapeutics (NASDAQ:PRLD) was reported by JMP Securities on March 13, 2024. The analyst firm set a price target for $7.00 expecting PRLD to rise to within 12 months (a possible 85.68% upside). 8 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Prelude Therapeutics (PRLD)?

A

The latest analyst rating for Prelude Therapeutics (NASDAQ:PRLD) was provided by JMP Securities, and Prelude Therapeutics initiated their market outperform rating.

Q

When was the last upgrade for Prelude Therapeutics (PRLD)?

A

The last upgrade for Prelude Therapeutics Inc happened on October 11, 2021 when Morgan Stanley raised their price target to $35. Morgan Stanley previously had an equal-weight for Prelude Therapeutics Inc.

Q

When was the last downgrade for Prelude Therapeutics (PRLD)?

A

The last downgrade for Prelude Therapeutics Inc happened on February 20, 2024 when HC Wainwright & Co. changed their price target from N/A to $5 for Prelude Therapeutics Inc.

Q

When is the next analyst rating going to be posted or updated for Prelude Therapeutics (PRLD)?

A

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

Q

Is the Analyst Rating Prelude Therapeutics (PRLD) correct?

A

While ratings are subjective and will change, the latest Prelude Therapeutics (PRLD) rating was a initiated with a price target of $0.00 to $7.00. The current price Prelude Therapeutics (PRLD) is trading at is $3.77, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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