Galmed Pharmaceuticals
(NASDAQ:GLMD)
$0.351
-0.0174[-4.72%]
At close: Apr 17
$0.351
0[0.00%]
PreMarket: 6:00PM EDT
Consensus Rating1
Buy
Highest Price Target1
$4.00
Lowest Price Target1
$1.00
Consensus Price Target1
$5.20

Galmed Pharmaceuticals Stock (NASDAQ:GLMD), Analyst Ratings, Price Targets, Predictions

Galmed Pharmaceuticals Ltd has a consensus price target of $5.2, established from looking at the 7 latest analyst ratings. The last 3 analyst ratings were released from Maxim Group, Maxim Group, and Canaccord Genuity on July 24, 2023, August 8, 2022, and August 8, 2022. With an average price target of $1.67 between Maxim Group, Maxim Group, and Canaccord Genuity, there's an implied 374.83% upside for Galmed Pharmaceuticals Ltd from these 3 analyst ratings.

Analyst Rating
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Maxim Group
Canaccord Genuity
Raymond James
HC Wainwright & Co.
Canaccord Genuity

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Galmed Pharmaceuticals

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
07/24/2023GLMDBuy Now
Galmed Pharmaceuticals
$0.351039.6%Maxim Group
Jason McCarthy
→ $4UpgradeHold → BuyGet Alert
08/08/2022GLMDBuy Now
Galmed Pharmaceuticals
$0.35Maxim Group
Jason McCarthy
DowngradeBuy → HoldGet Alert
08/08/2022GLMDBuy Now
Galmed Pharmaceuticals
$0.35184.9%Canaccord Genuity
Edward Nash
$75 → $15DowngradeBuy → HoldGet Alert
05/18/2022GLMDBuy Now
Galmed Pharmaceuticals
$0.35Raymond James
Steven Seedhouse
DowngradeOutperform → Market PerformGet Alert
05/03/2022GLMDBuy Now
Galmed Pharmaceuticals
$0.35HC Wainwright & Co.
Ed Arce
DowngradeBuy → NeutralGet Alert
05/03/2022GLMDBuy Now
Galmed Pharmaceuticals
$0.351324.5%Raymond James
Steven Seedhouse
$210 → $75MaintainsOutperformGet Alert
05/17/2021GLMDBuy Now
Galmed Pharmaceuticals
$0.355882.91%Canaccord GenuityMaintainsBuyGet Alert

FAQ

Q

What is the target price for Galmed Pharmaceuticals (GLMD)?

A

The latest price target for Galmed Pharmaceuticals (NASDAQ: GLMD) was reported by Maxim Group on July 24, 2023. The analyst firm set a price target for $4.00 expecting GLMD to rise to within 12 months (a possible 1039.60% upside). 1 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Galmed Pharmaceuticals (GLMD)?

A

The latest analyst rating for Galmed Pharmaceuticals (NASDAQ: GLMD) was provided by Maxim Group, and Galmed Pharmaceuticals upgraded their buy rating.

Q

When was the last upgrade for Galmed Pharmaceuticals (GLMD)?

A

The last upgrade for Galmed Pharmaceuticals Ltd happened on July 24, 2023 when Maxim Group raised their price target to $4. Maxim Group previously had a hold for Galmed Pharmaceuticals Ltd.

Q

When was the last downgrade for Galmed Pharmaceuticals (GLMD)?

A

The last downgrade for Galmed Pharmaceuticals Ltd happened on August 8, 2022 when Maxim Group changed their price target from N/A to N/A for Galmed Pharmaceuticals Ltd.

Q

When is the next analyst rating going to be posted or updated for Galmed Pharmaceuticals (GLMD)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Galmed 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 Galmed Pharmaceuticals was filed on July 24, 2023 so you should expect the next rating to be made available sometime around July 24, 2024.

Q

Is the Analyst Rating Galmed Pharmaceuticals (GLMD) correct?

A

While ratings are subjective and will change, the latest Galmed Pharmaceuticals (GLMD) rating was a upgraded with a price target of $0.00 to $4.00. The current price Galmed Pharmaceuticals (GLMD) is trading at is $0.35, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.