The latest price target for Apellis Pharmaceuticals (NASDAQ:APLS) was reported by Morgan Stanley on November 21, 2024. The analyst firm set a price target for $31.00 expecting APLS to rise to within 12 months (a possible 12.83% upside). 69 analyst firms have reported ratings in the last year.

The latest analyst rating for Apellis Pharmaceuticals (NASDAQ:APLS) was provided by Morgan Stanley, and Apellis Pharmaceuticals initiated their equal-weight rating.

The last upgrade for Apellis Pharmaceuticals Inc happened on February 5, 2024 when Jefferies raised their price target to $80. Jefferies previously had a hold for Apellis Pharmaceuticals Inc.

The last downgrade for Apellis Pharmaceuticals Inc happened on December 14, 2023 when Wells Fargo changed their price target from $67 to $54 for Apellis Pharmaceuticals Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Apellis Pharmaceuticals, 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 Apellis Pharmaceuticals 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 Apellis Pharmaceuticals (APLS) rating was a initiated with a price target of $0.00 to $31.00. The current price Apellis Pharmaceuticals (APLS) is trading at is $27.48, which is within the analyst’s predicted range.