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Solid Biosciences Inc has a consensus price target of $15.5 based on the ratings of 14 analysts. The high is $40 issued by William Blair on March 28, 2024. The low is $5 issued by Cantor Fitzgerald on September 22, 2023. The 3 most-recent analyst ratings were released by Wedbush, HC Wainwright & Co., and JMP Securities on December 13, 2024, December 12, 2024, and December 10, 2024, respectively. With an average price target of $15.67 between Wedbush, HC Wainwright & Co., and JMP Securities, there's an implied 273.02% upside for Solid Biosciences Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Solid Biosciences (NASDAQ:SLDB) was reported by Wedbush on December 13, 2024. The analyst firm set a price target for $16.00 expecting SLDB to rise to within 12 months (a possible 280.95% upside). 20 analyst firms have reported ratings in the last year.
The latest analyst rating for Solid Biosciences (NASDAQ:SLDB) was provided by Wedbush, and Solid Biosciences initiated their outperform rating.
The last upgrade for Solid Biosciences Inc happened on July 15, 2024 when JP Morgan raised their price target to $15. JP Morgan previously had a neutral for Solid Biosciences Inc.
The last downgrade for Solid Biosciences Inc happened on October 17, 2022 when SVB Leerink changed their price target from $12 to $1 for Solid Biosciences Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Solid 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 Solid Biosciences was filed on December 13, 2024 so you should expect the next rating to be made available sometime around December 13, 2025.
While ratings are subjective and will change, the latest Solid Biosciences (SLDB) rating was a initiated with a price target of $0.00 to $16.00. The current price Solid Biosciences (SLDB) is trading at is $4.20, which is within the analyst’s predicted range.
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