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Kala Bio Inc has a consensus price target of $9.63 based on the ratings of 4 analysts. The high is $18 issued by HC Wainwright & Co. on May 17, 2024. The low is $1.5 issued by JP Morgan on March 30, 2022. The 3 most-recent analyst ratings were released by Oppenheimer, HC Wainwright & Co., and HC Wainwright & Co. on August 19, 2024, May 17, 2024, and April 2, 2024, respectively. With an average price target of $18 between Oppenheimer, HC Wainwright & Co., and HC Wainwright & Co., there's an implied 210.88% upside for Kala Bio Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Kala Bio (NASDAQ:KALA) was reported by Oppenheimer on August 19, 2024. The analyst firm set a price target for $15.00 expecting KALA to rise to within 12 months (a possible 159.07% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Kala Bio (NASDAQ:KALA) was provided by Oppenheimer, and Kala Bio reiterated their outperform rating.
There is no last upgrade for Kala Bio
The last downgrade for Kala Bio Inc happened on March 30, 2022 when JP Morgan changed their price target from N/A to $1.5 for Kala Bio Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Kala Bio, 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 Kala Bio was filed on August 19, 2024 so you should expect the next rating to be made available sometime around August 19, 2025.
While ratings are subjective and will change, the latest Kala Bio (KALA) rating was a reiterated with a price target of $15.00 to $15.00. The current price Kala Bio (KALA) is trading at is $5.79, which is out of the analyst’s predicted range.
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