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$0.3291
At close: May 14, 7:12 PM EDT
$0.3285
-0.00060-0.18%
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Allakos Inc Analyst Ratings and Price Targets | NASDAQ:ALLK | Benzinga
Allakos Inc has a consensus price target of $6.86 based on the ratings of 9 analysts. The high is $22 issued by Piper Sandler on March 7, 2023. The low is $1 issued by Jefferies on July 18, 2024. The 3 most-recent analyst ratings were released by JMP Securities, Jefferies, and JMP Securities on September 26, 2024, July 18, 2024, and June 26, 2024, respectively. With an average price target of $2.33 between JMP Securities, Jefferies, and JMP Securities, there's an implied 610.30% upside for Allakos Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
JMP Securities
Jefferies
Barclays
Jefferies
Piper Sandler
1calculated from analyst ratings
Analyst Ratings for Allakos Inc
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 09/26/2024 | Buy Now | 813.24% | JMP Securities | Jonathan Wolleben68% | $3 → $3 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 07/18/2024 | Buy Now | 204.41% | Jefferies | Kevin Strang2% | $1.5 → $1 | Maintains | Hold | Get Alert |
| 06/26/2024 | Buy Now | 813.24% | JMP Securities | Jonathan Wolleben68% | $3 → $3 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 06/20/2024 | Buy Now | — | Cantor Fitzgerald | Jennifer Kim44% | — | Reiterates | → Neutral | Get Alert |
| 01/17/2024 | Buy Now | 813.24% | JMP Securities | Jonathan Wolleben68% | $10 → $3 | Maintains | Market Outperform | Get Alert |
| 01/17/2024 | Buy Now | 204.41% | Barclays | Carter Gould56% | $1.5 → $1 | Maintains | Underweight | Get Alert |
| 01/17/2024 | Buy Now | 356.62% | Jefferies | Kevin Strang2% | $6 → $1.5 | Downgrade | Buy → Hold | Get Alert |
| 12/18/2023 | Buy Now | — | William Blair | Tim Lugo34% | — | Upgrade | Market Perform → Outperform | Get Alert |
| 12/08/2023 | Buy Now | 1726.48% | Jefferies | Kevin Strang2% | $9 → $6 | Assumes | → Buy | Get Alert |
| 11/28/2023 | Buy Now | 2944.14% | JMP Securities | Jonathan Wolleben68% | → $10 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 11/14/2023 | Buy Now | 2944.14% | JMP Securities | Jonathan Wolleben68% | $11 → $10 | Maintains | Market Outperform | Get Alert |
| 11/14/2023 | Buy Now | 356.62% | Barclays | Carter Gould56% | $2.5 → $1.5 | Maintains | Underweight | Get Alert |
| 09/27/2023 | Buy Now | 3248.55% | JMP Securities | Jonathan Wolleben68% | → $11 | Initiates | → Market Outperform | Get Alert |
| 05/12/2023 | Buy Now | 2639.73% | Jefferies | Maury Raycroft31% | $6 → $9 | Upgrade | Hold → Buy | Get Alert |
| 03/07/2023 | Buy Now | 2030.9% | Cantor Fitzgerald | Jennifer Kim44% | → $7 | Reiterates | → Overweight | Get Alert |
| 03/07/2023 | Buy Now | 6597.11% | Piper Sandler | Yasmeen Rahimi54% | → $22 | Initiates | → Overweight | Get Alert |
| 02/27/2023 | Buy Now | 2030.9% | Cantor Fitzgerald | Jennifer Kim44% | → $7 | Reiterates | → Overweight | Get Alert |
| 01/27/2023 | Buy Now | 2335.31% | Morgan Stanley | Michael Ulz60% | $6 → $8 | Maintains | Equal-Weight | Get Alert |
| 09/12/2022 | Buy Now | 2030.9% | Cantor Fitzgerald | Jennifer Kim44% | $10 → $7 | Maintains | Overweight | Get Alert |
| 05/24/2022 | Buy Now | 1117.66% | Goldman Sachs | Paul Choi58% | $10 → $4 | Maintains | Neutral | Get Alert |
FAQ
What is the target price for Allakos Inc (ALLK) stock?
The latest price target for Allakos Inc (NASDAQ:ALLK) was reported by JMP Securities on September 26, 2024. The analyst firm set a price target for $3.00 expecting ALLK to rise to within 12 months (a possible 813.24% upside). 4 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Allakos Inc (ALLK)?
The latest analyst rating for Allakos Inc (NASDAQ:ALLK) was provided by JMP Securities, and Allakos Inc reiterated their market outperform rating.
When was the last upgrade for Allakos Inc (ALLK)?
The last upgrade for Allakos Inc happened on December 18, 2023 when William Blair raised their price target to N/A. William Blair previously had a market perform for Allakos Inc.
When was the last downgrade for Allakos Inc (ALLK)?
The last downgrade for Allakos Inc happened on January 17, 2024 when Jefferies changed their price target from $6 to $1.5 for Allakos Inc.
When is the next analyst rating going to be posted or updated for Allakos Inc (ALLK)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Allakos Inc, 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 Allakos Inc was filed on September 26, 2024 so you should expect the next rating to be made available sometime around September 26, 2025.
Is the Analyst Rating Allakos Inc (ALLK) correct?
While ratings are subjective and will change, the latest Allakos Inc (ALLK) rating was a reiterated with a price target of $3.00 to $3.00. The current price Allakos Inc (ALLK) is trading at is $0.33, which is out of the analyst’s predicted range.
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