Alkermes
(NASDAQ:ALKS)
$24.105
0.055[0.23%]
Last update: 10:08AM Get Real Time Here
Q1 2024 Earnings were released on Wed May 1st, before the market open
The most recent conference call was at 8:00 AM, 5 days ago Click to view past webcast
Alkermes (ALKS) sold assets to Novo Nordisk (NVO) on Thursday, May 2, 2024 for $92.5M paid in cash
Consensus Rating1
Buy
Highest Price Target1
$50.00
Lowest Price Target1
$25.00
Consensus Price Target1
$31.33

Alkermes Stock (NASDAQ:ALKS), Analyst Ratings, Price Targets, Predictions

Alkermes PLC has a consensus price target of $31.33, established from looking at the 41 latest analyst ratings. The last 3 analyst ratings were released from HC Wainwright & Co., HC Wainwright & Co., and Jefferies on May 2, 2024, April 19, 2024, and April 9, 2024. With an average price target of $40 between HC Wainwright & Co., HC Wainwright & Co., and Jefferies, there's an implied 65.94% upside for Alkermes PLC from these 3 analyst ratings.

Analyst Trend
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1
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1
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1
May
Buy
Hold
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Analyst Rating
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3.4
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.
Jefferies
Piper Sandler
Baird
UBS

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Alkermes

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Buy Now
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FAQ

Q

What is the target price for Alkermes (ALKS)?

A

The latest price target for Alkermes (NASDAQ: ALKS) was reported by HC Wainwright & Co. on May 2, 2024. The analyst firm set a price target for $35.00 expecting ALKS to rise to within 12 months (a possible 45.20% upside). 16 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Alkermes (ALKS)?

A

The latest analyst rating for Alkermes (NASDAQ: ALKS) was provided by HC Wainwright & Co., and Alkermes reiterated their neutral rating.

Q

When was the last upgrade for Alkermes (ALKS)?

A

The last upgrade for Alkermes PLC happened on October 24, 2023 when Evercore ISI Group raised their price target to N/A. Evercore ISI Group previously had an in-line for Alkermes PLC.

Q

When was the last downgrade for Alkermes (ALKS)?

A

The last downgrade for Alkermes PLC happened on February 20, 2024 when UBS changed their price target from $25 to $25 for Alkermes PLC.

Q

When is the next analyst rating going to be posted or updated for Alkermes (ALKS)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Alkermes, 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 Alkermes was filed on May 2, 2024 so you should expect the next rating to be made available sometime around May 2, 2025.

Q

Is the Analyst Rating Alkermes (ALKS) correct?

A

While ratings are subjective and will change, the latest Alkermes (ALKS) rating was a reiterated with a price target of $0.00 to $35.00. The current price Alkermes (ALKS) is trading at is $24.11, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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