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TELA Bio Inc has a consensus price target of $10.4 based on the ratings of 5 analysts. The high is $15 issued by Canaccord Genuity on March 28, 2023. The low is $5 issued by Piper Sandler on November 8, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, Canaccord Genuity, and JMP Securities on November 8, 2024, October 4, 2024, and August 13, 2024, respectively. With an average price target of $9.67 between Piper Sandler, Canaccord Genuity, and JMP Securities, there's an implied 239.18% upside for TELA Bio Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for TELA Bio (NASDAQ:TELA) was reported by Piper Sandler on November 8, 2024. The analyst firm set a price target for $5.00 expecting TELA to rise to within 12 months (a possible 75.44% upside). 11 analyst firms have reported ratings in the last year.
The latest analyst rating for TELA Bio (NASDAQ:TELA) was provided by Piper Sandler, and TELA Bio maintained their overweight rating.
There is no last upgrade for TELA Bio
There is no last downgrade for TELA Bio.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of TELA Bio, 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 TELA Bio 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 TELA Bio (TELA) rating was a maintained with a price target of $8.00 to $5.00. The current price TELA Bio (TELA) is trading at is $2.85, which is out of the analyst’s predicted range.
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