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Zymeworks Inc has a consensus price target of $17.64 based on the ratings of 14 analysts. The high is $48 issued by Wells Fargo on February 9, 2022. The low is $9 issued by Barclays on December 22, 2022. The 3 most-recent analyst ratings were released by Wells Fargo, JP Morgan, and HC Wainwright & Co. on December 19, 2024, December 16, 2024, and November 22, 2024, respectively. With an average price target of $14.67 between Wells Fargo, JP Morgan, and HC Wainwright & Co., there's an implied 3.72% upside for Zymeworks Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Zymeworks (NASDAQ:ZYME) was reported by Wells Fargo on December 19, 2024. The analyst firm set a price target for $14.00 expecting ZYME to fall to within 12 months (a possible -0.99% downside). 18 analyst firms have reported ratings in the last year.
The latest analyst rating for Zymeworks (NASDAQ:ZYME) was provided by Wells Fargo, and Zymeworks maintained their equal-weight rating.
The last upgrade for Zymeworks Inc happened on December 16, 2024 when JP Morgan raised their price target to $18. JP Morgan previously had a neutral for Zymeworks Inc.
The last downgrade for Zymeworks Inc happened on November 1, 2024 when Wells Fargo changed their price target from $12 to $12 for Zymeworks Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Zymeworks, 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 Zymeworks was filed on December 19, 2024 so you should expect the next rating to be made available sometime around December 19, 2025.
While ratings are subjective and will change, the latest Zymeworks (ZYME) rating was a maintained with a price target of $12.00 to $14.00. The current price Zymeworks (ZYME) is trading at is $14.14, which is out of the analyst’s predicted range.
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