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Vera Therapeutics Inc has a consensus price target of $51.36 based on the ratings of 11 analysts. The high is $107 issued by Cantor Fitzgerald on October 3, 2024. The low is $6 issued by Jefferies on January 4, 2023. The 3 most-recent analyst ratings were released by Wells Fargo, Wedbush, and JP Morgan on November 21, 2024, November 8, 2024, and November 5, 2024, respectively. With an average price target of $61 between Wells Fargo, Wedbush, and JP Morgan, there's an implied 29.70% upside for Vera Therapeutics Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Vera Therapeutics (NASDAQ:VERA) was reported by Wells Fargo on November 21, 2024. The analyst firm set a price target for $70.00 expecting VERA to rise to within 12 months (a possible 48.84% upside). 25 analyst firms have reported ratings in the last year.
The latest analyst rating for Vera Therapeutics (NASDAQ:VERA) was provided by Wells Fargo, and Vera Therapeutics initiated their overweight rating.
The last upgrade for Vera Therapeutics Inc happened on January 26, 2024 when Raymond James raised their price target to $37. Raymond James previously had an outperform for Vera Therapeutics Inc.
The last downgrade for Vera Therapeutics Inc happened on January 4, 2023 when Jefferies changed their price target from $32 to $6 for Vera Therapeutics Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Vera 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 Vera Therapeutics was filed on November 21, 2024 so you should expect the next rating to be made available sometime around November 21, 2025.
While ratings are subjective and will change, the latest Vera Therapeutics (VERA) rating was a initiated with a price target of $0.00 to $70.00. The current price Vera Therapeutics (VERA) is trading at is $47.03, which is within the analyst’s predicted range.
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