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Sonnet BioTherapeutics Holdings Inc has a consensus price target of $9.12 based on the ratings of 6 analysts. The high is $30 issued by Chardan Capital on August 23, 2024. The low is $2 issued by BTIG on February 9, 2022. The 3 most-recent analyst ratings were released by Chardan Capital, Chardan Capital, and EF Hutton on August 23, 2024, May 28, 2024, and May 16, 2024, respectively. With an average price target of $22.33 between Chardan Capital, Chardan Capital, and EF Hutton, there's an implied 657.06% upside for Sonnet BioTherapeutics Holdings Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Sonnet BioTherapeutics (NASDAQ:SONN) was reported by Chardan Capital on August 23, 2024. The analyst firm set a price target for $30.00 expecting SONN to rise to within 12 months (a possible 916.95% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Sonnet BioTherapeutics (NASDAQ:SONN) was provided by Chardan Capital, and Sonnet BioTherapeutics maintained their buy rating.
There is no last upgrade for Sonnet BioTherapeutics
There is no last downgrade for Sonnet BioTherapeutics.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Sonnet BioTherapeutics, 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 Sonnet BioTherapeutics was filed on August 23, 2024 so you should expect the next rating to be made available sometime around August 23, 2025.
While ratings are subjective and will change, the latest Sonnet BioTherapeutics (SONN) rating was a maintained with a price target of $30.00 to $30.00. The current price Sonnet BioTherapeutics (SONN) is trading at is $2.95, which is out of the analyst’s predicted range.
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