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Avidity Biosciences Corp has a consensus price target of $567.61 based on the ratings of 38 analysts. The high is $1350 issued by HSBC on May 10, 2024<. The low is $100 issued by Deutsche Bank on August 5, 2024. The 3 most-recent analyst ratings were released by New Street Research, Goldman Sachs, and Deutsche Bank on August 6, 2024, August 5, 2024, and August 5, 2024, respectively. With an average price target of $118.33 between New Street Research, Goldman Sachs, and Deutsche Bank, there's an implied 0.21% upside for Avidity Biosciences Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Avidity Biosciences (NASDAQ:RNA) was reported by B of A Securities on March 10, 2025. The analyst firm set a price target for $48.00 expecting RNA to rise to within 12 months (a possible 67.83% upside). 32 analyst firms have reported ratings in the last year.
The latest analyst rating for Avidity Biosciences (NASDAQ:RNA) was provided by B of A Securities, and Avidity Biosciences maintained their buy rating.
The last upgrade for Avidity Biosciences Inc happened on May 22, 2023 when Evercore ISI Group raised their price target to $20. Evercore ISI Group previously had an in-line for Avidity Biosciences Inc.
The last downgrade for Avidity Biosciences Inc happened on March 31, 2023 when Evercore ISI Group changed their price target from N/A to $20 for Avidity Biosciences Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Avidity Biosciences, 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 Avidity Biosciences was filed on March 10, 2025 so you should expect the next rating to be made available sometime around March 10, 2026.
While ratings are subjective and will change, the latest Avidity Biosciences (RNA) rating was a maintained with a price target of $51.00 to $48.00. The current price Avidity Biosciences (RNA) is trading at is $28.60, which is out of the analyst’s predicted range.
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