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Avid Bioservices

CDMONASDAQ
Logo brought to you by Benzinga Data
$11.42
-0.07-0.61%
At Close: -
$11.42
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Consensus Rating1
Overweight
Highest Price Target1
$16.00
Lowest Price Target1
$12.00
Consensus Price Target1
$13.50

Avid Bioservices (NASDAQ:CDMO) Stock, Analyst Ratings, Price Targets, Forecasts

Avid Bioservices Inc has a consensus price target of $13.5 based on the ratings of 5 analysts. The high is $16 issued by Craig-Hallum on December 8, 2023. The low is $12 issued by RBC Capital on September 10, 2024. The 3 most-recent analyst ratings were released by RBC Capital, Stephens & Co., and RBC Capital on September 10, 2024, September 10, 2024, and July 3, 2024, respectively. With an average price target of $10.67 between RBC Capital, Stephens & Co., and RBC Capital, there's an implied -6.60% downside for Avid Bioservices Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Apr
1
Jul
2
1
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.4
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

RBC Capital
Stephens & Co.
Craig-Hallum
Keybanc

1calculated from analyst ratings

Analyst Ratings for Avid Bioservices

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Avid Bioservices (CDMO) stock?

A

The latest price target for Avid Bioservices (NASDAQ:CDMO) was reported by RBC Capital on September 10, 2024. The analyst firm set a price target for $12.00 expecting CDMO to rise to within 12 months (a possible 5.08% upside). 11 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Avid Bioservices (CDMO)?

A

The latest analyst rating for Avid Bioservices (NASDAQ:CDMO) was provided by RBC Capital, and Avid Bioservices maintained their outperform rating.

Q

When was the last upgrade for Avid Bioservices (CDMO)?

A

The last upgrade for Avid Bioservices Inc happened on March 14, 2023 when Keybanc raised their price target to $20. Keybanc previously had a sector weight for Avid Bioservices Inc.

Q

When was the last downgrade for Avid Bioservices (CDMO)?

A

The last downgrade for Avid Bioservices Inc happened on December 8, 2021 when Keybanc changed their price target from N/A to N/A for Avid Bioservices Inc.

Q

When is the next analyst rating going to be posted or updated for Avid Bioservices (CDMO)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Avid Bioservices, 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 Avid Bioservices was filed on September 10, 2024 so you should expect the next rating to be made available sometime around September 10, 2025.

Q

Is the Analyst Rating Avid Bioservices (CDMO) correct?

A

While ratings are subjective and will change, the latest Avid Bioservices (CDMO) rating was a maintained with a price target of $8.00 to $12.00. The current price Avid Bioservices (CDMO) is trading at is $11.42, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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