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AVITA Medical Inc has a consensus price target of $25 based on the ratings of 5 analysts. The high is $40 issued by Lake Street on July 13, 2023. The low is $12 issued by Piper Sandler on November 8, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, Cantor Fitzgerald, and Piper Sandler on November 8, 2024, August 9, 2024, and May 14, 2024, respectively. With an average price target of $14 between Piper Sandler, Cantor Fitzgerald, and Piper Sandler, there's an implied 18.95% upside for AVITA Medical Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for AVITA Medical (NASDAQ:RCEL) was reported by Piper Sandler on November 8, 2024. The analyst firm set a price target for $12.00 expecting RCEL to rise to within 12 months (a possible 1.95% upside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for AVITA Medical (NASDAQ:RCEL) was provided by Piper Sandler, and AVITA Medical reiterated their neutral rating.
There is no last upgrade for AVITA Medical
The last downgrade for AVITA Medical Inc happened on May 14, 2024 when Piper Sandler changed their price target from $21 to $9 for AVITA Medical Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of AVITA Medical, 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 AVITA Medical was filed on November 8, 2024 so you should expect the next rating to be made available sometime around November 8, 2025.
While ratings are subjective and will change, the latest AVITA Medical (RCEL) rating was a reiterated with a price target of $9.00 to $12.00. The current price AVITA Medical (RCEL) is trading at is $11.77, which is within the analyst’s predicted range.
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