Galecto
(NASDAQ:GLTO)
$0.5158
0.01[2.14%]
At close: Jun 18
$0.4913
0.02[4.99%]
After Hours: 5:33PM EDT
Consensus Rating1
Outperform
Highest Price Target1
$9.00
Lowest Price Target1
$9.00
Consensus Price Target1
$6.60

Galecto (NASDAQ:GLTO) Stock, Analyst Ratings, Price Targets, Predictions

Galecto Inc has a consensus price target of $6.6, established from looking at the 13 latest analyst ratings. The last 3 analyst ratings were released from Oppenheimer, HC Wainwright & Co., and SVB Leerink on June 10, 2024, August 21, 2023, and August 15, 2023. With an average price target of $4.33 between Oppenheimer, HC Wainwright & Co., and SVB Leerink, there's an implied 740.12% upside for Galecto Inc from these 3 analyst ratings.

Analyst Trends and Forecast
1
Jun
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.4
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Oppenheimer
HC Wainwright & Co.
SVB Leerink
Cantor Fitzgerald
Credit Suisse

1calculated from analyst ratings

Analyst Ratings for Galecto

Buy NowGet Alert
06/10/2024Buy Now1644.86%Oppenheimer
Jay Olson
$10 → $9MaintainsOutperformGet Alert
09/28/2023Buy NowHC Wainwright & Co.
Raghuram Selvaraju
DowngradeBuy → NeutralGet Alert
08/21/2023Buy Now287.75%HC Wainwright & Co.
Raghuram Selvaraju
$12 → $2MaintainsBuyGet Alert
08/15/2023Buy Now287.75%SVB Leerink
Mike Kratky
$13 → $2DowngradeOutperform → Market PerformGet Alert
08/01/2023Buy Now2226.48%Oppenheimer
Jay Olson
→ $12ReiteratesOutperform → OutperformGet Alert
08/01/2023Buy Now2226.48%HC Wainwright & Co.
Raghuram Selvaraju
→ $12ReiteratesBuy → BuyGet Alert
06/20/2023Buy Now2226.48%Oppenheimer
Jay Olson
→ $12Initiates → OutperformGet Alert
05/24/2023Buy Now2226.48%HC Wainwright & Co.
Raghuram Selvaraju
→ $12ReiteratesBuy → BuyGet Alert
05/15/2023Buy Now2226.48%HC Wainwright & Co.
Raghuram Selvaraju
→ $12Initiates → BuyGet Alert
03/17/2023Buy Now3001.98%Cantor Fitzgerald
Kristen Kluska
→ $16Initiates → OverweightGet Alert
03/10/2023Buy Now1063.24%Credit Suisse
Tiago Fauth
→ $6Reiterates → OutperformGet Alert
08/03/2022Buy Now2420.36%SVB Leerink
Mike Kratky
$16 → $13MaintainsOutperformGet Alert
08/06/2021Buy Now1257.12%Credit Suisse
Tiago Fauth
MaintainsOutperformGet Alert

FAQ

Q

What is the target price for Galecto (GLTO) stock?

A

The latest price target for Galecto (NASDAQ:GLTO) was reported by Oppenheimer on June 10, 2024. The analyst firm set a price target for $9.00 expecting GLTO to rise to within 12 months (a possible 1644.86% upside). 7 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Galecto (GLTO)?

A

The latest analyst rating for Galecto (NASDAQ:GLTO) was provided by Oppenheimer, and Galecto maintained their outperform rating.

Q

When was the last upgrade for Galecto (GLTO)?

A

There is no last upgrade for Galecto

Q

When was the last downgrade for Galecto (GLTO)?

A

The last downgrade for Galecto Inc happened on September 28, 2023 when HC Wainwright & Co. changed their price target from N/A to N/A for Galecto Inc.

Q

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

A

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

Q

Is the Analyst Rating Galecto (GLTO) correct?

A

While ratings are subjective and will change, the latest Galecto (GLTO) rating was a maintained with a price target of $10.00 to $9.00. The current price Galecto (GLTO) is trading at is $0.52, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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