Adagene Inc
(NASDAQ:ADAG)
$1.55
0.08[5.44%]
Last update: 6:23PM (Delayed 15-Minutes)
Get Real Time Here
$1.55
0[0.00%]
After-Hours
Open1.490Close1.750
Vol / Avg.56.664K / 15.396KMkt Cap67.944M
Day Range1.470 - 1.80052 Wk Range1.020 - 2.100

Adagene Stock (NASDAQ:ADAG), Analyst Ratings, Price Targets, Predictions

Analysts publish ratings and price targets on most stocks. Benzinga tracks 120 analyst firms so investors can understand if analysts expect a stock to trade higher or lower. Ratings are directional and typically buy, sell or hold. Price Targets are an analyst's best guess at where the stock will trade in 12 months.

Consensus Rating1

Buy

Highest Price Target1

$40.57

Lowest Price Target1

$5.00

Consensus Price Target1

$17.71

Analyst Rating Summary1

BuyOverweightHoldUnderweightSell
41000

Analyst Firms Making Recommendations1

  • HC Wainwright & Co.
  • Morgan Stanley
  • China Renaissance
  • Jefferies

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Adagene

Upgrades (0)

Downgrades (0)

Initiations (4)

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
10/04/2023ADAGBuy Now
Adagene
$1.55222.58%HC Wainwright & Co.
Arthur He
→ $5ReiteratesBuy → BuyGet Alert
09/01/2023ADAGBuy Now
Adagene
$1.55222.58%HC Wainwright & Co.
Arthur He
→ $5ReiteratesBuy → BuyGet Alert
04/21/2023ADAGBuy Now
Adagene
$1.55222.58%HC Wainwright & Co.
Arthur He
→ $5Reiterates → BuyGet Alert
03/29/2023ADAGBuy Now
Adagene
$1.55222.58%HC Wainwright & Co.
Arthur He
→ $5Reiterates → BuyGet Alert
03/21/2023ADAGBuy Now
Adagene
$1.55222.58%HC Wainwright & Co.
Arthur He
→ $5Reiterates → BuyGet Alert
01/24/2023ADAGBuy Now
Adagene
$1.55222.58%Morgan Stanley
Matthew Harrison
$7 → $5MaintainsOverweightGet Alert
12/07/2022ADAGBuy Now
Adagene
$1.55222.58%HC Wainwright & Co.
Swayampakula Ramakanth
→ $5Initiates → BuyGet Alert
09/09/2022ADAGBuy Now
Adagene
$1.55351.61%Morgan Stanley
Matthew Harrison
$15 → $7MaintainsOverweightGet Alert
02/01/2022ADAGBuy Now
Adagene
$1.55867.74%Morgan Stanley
Matthew Harrison
$27 → $15MaintainsOverweightGet Alert
01/06/2022ADAGBuy Now
Adagene
$1.551641.94%Morgan Stanley
Matthew Harrison
$33 → $27MaintainsOverweightGet Alert
07/16/2021ADAGBuy Now
Adagene
$1.552029.03%Morgan Stanley
Matthew Harrison
MaintainsOverweightGet Alert
06/25/2021ADAGBuy Now
Adagene
$1.552517.42%China RenaissanceInitiates → BuyGet Alert
03/08/2021ADAGBuy Now
Adagene
$1.552029.03%Jefferies
Kelly Shi
Initiates → BuyGet Alert
03/08/2021ADAGBuy Now
Adagene
$1.552093.55%Morgan Stanley
Matthew Harrison
Initiates → OverweightGet Alert
Q

What is the target price for Adagene (ADAG)?

A

The latest price target for Adagene (NASDAQ: ADAG) was reported by HC Wainwright & Co. on October 4, 2023. The analyst firm set a price target for $5.00 expecting ADAG to rise to within 12 months (a possible 222.58% upside). 7 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Adagene (ADAG)?

A

The latest analyst rating for Adagene (NASDAQ: ADAG) was provided by HC Wainwright & Co., and Adagene reiterated their buy rating.

Q

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

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Adagene, 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 Adagene was filed on October 4, 2023 so you should expect the next rating to be made available sometime around October 4, 2024.

Q

Is the Analyst Rating Adagene (ADAG) correct?

A

While ratings are subjective and will change, the latest Adagene (ADAG) rating was a reiterated with a price target of $0.00 to $5.00. The current price Adagene (ADAG) is trading at is $1.55, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.