Consensus Rating1
Buy
Highest Price Target1
$20.00
Lowest Price Target1
$5.00
Consensus Price Target1
$12.50

Sorrento Therapeutics (OTC:SRNE) Stock, Analyst Ratings, Price Targets, Forecasts

Sorrento Therapeutics Inc has a consensus price target of $12.5 based on the ratings of 2 analysts. The high is $20 issued by HC Wainwright & Co. on March 25, 2022. The low is $5 issued by Cantor Fitzgerald on November 2, 2022. The 2 most-recent analyst ratings were released by Cantor Fitzgerald and HC Wainwright & Co. on November 2, 2022 and March 25, 2022, respectively. With an average price target of $12.5 between Cantor Fitzgerald and HC Wainwright & Co., there's an implied 208233.33% upside for Sorrento Therapeutics Inc from these most-recent analyst ratings.

Analyst Rating and Forecast
12345
4.3
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Cantor Fitzgerald
HC Wainwright & Co.

1calculated from analyst ratings

Analyst Ratings for Sorrento Therapeutics

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FAQ

Q

What is the target price for Sorrento Therapeutics (SRNE) stock?

A

The latest price target for Sorrento Therapeutics (OTCEM:SRNE) was reported by Cantor Fitzgerald on November 2, 2022. The analyst firm set a price target for $5.00 expecting SRNE to rise to within 12 months (a possible 83233.33% upside). 0 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Sorrento Therapeutics (SRNE)?

A

The latest analyst rating for Sorrento Therapeutics (OTCEM:SRNE) was provided by Cantor Fitzgerald, and Sorrento Therapeutics initiated their overweight rating.

Q

When was the last upgrade for Sorrento Therapeutics (SRNE)?

A

There is no last upgrade for Sorrento Therapeutics

Q

When was the last downgrade for Sorrento Therapeutics (SRNE)?

A

There is no last downgrade for Sorrento Therapeutics.

Q

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

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Sorrento 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 Sorrento Therapeutics was filed on November 2, 2022 so you should expect the next rating to be made available sometime around November 2, 2023.

Q

Is the Analyst Rating Sorrento Therapeutics (SRNE) correct?

A

While ratings are subjective and will change, the latest Sorrento Therapeutics (SRNE) rating was a initiated with a price target of $0.00 to $5.00. The current price Sorrento Therapeutics (SRNE) is trading at is $0.01, which is within the analyst’s predicted range.

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