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Rallybio

RLYBNASDAQ
Logo brought to you by Benzinga Data
$1.13
0.032.73%
At Close: -
$1.13
00.00%
After Hours: Aug 23, 8:00 AM EDT
15 minutes delayed
Consensus Rating1
Outperform
Highest Price Target1
$15.00
Lowest Price Target1
$1.50
Consensus Price Target1
$8.30

Rallybio (NASDAQ:RLYB) Stock, Analyst Ratings, Price Targets, Forecasts

Rallybio Corp has a consensus price target of $8.3 based on the ratings of 6 analysts. The high is $15 issued by Evercore ISI Group on December 21, 2023. The low is $1.5 issued by Jefferies on February 7, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co., HC Wainwright & Co., and JMP Securities on August 12, 2024, May 10, 2024, and April 19, 2024, respectively. With an average price target of $7.67 between HC Wainwright & Co., HC Wainwright & Co., and JMP Securities, there's an implied 578.47% upside for Rallybio Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
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0
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0
Mar
1
Apr
1
May
0
0
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Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
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4.2
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.
JMP Securities
Wedbush
Jefferies
Evercore ISI Group

1calculated from analyst ratings

Analyst Ratings for Rallybio

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FAQ

Q

What is the target price for Rallybio (RLYB) stock?

A

The latest price target for Rallybio (NASDAQ:RLYB) was reported by HC Wainwright & Co. on August 12, 2024. The analyst firm set a price target for $6.00 expecting RLYB to rise to within 12 months (a possible 430.97% upside). 18 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Rallybio (RLYB)?

A

The latest analyst rating for Rallybio (NASDAQ:RLYB) was provided by HC Wainwright & Co., and Rallybio maintained their buy rating.

Q

When was the last upgrade for Rallybio (RLYB)?

A

There is no last upgrade for Rallybio

Q

When was the last downgrade for Rallybio (RLYB)?

A

The last downgrade for Rallybio Corp happened on May 15, 2024 when JP Morgan changed their price target from N/A to N/A for Rallybio Corp.

Q

When is the next analyst rating going to be posted or updated for Rallybio (RLYB)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Rallybio, 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 Rallybio was filed on August 12, 2024 so you should expect the next rating to be made available sometime around August 12, 2025.

Q

Is the Analyst Rating Rallybio (RLYB) correct?

A

While ratings are subjective and will change, the latest Rallybio (RLYB) rating was a maintained with a price target of $9.00 to $6.00. The current price Rallybio (RLYB) is trading at is $1.13, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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