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Clene Inc has a consensus price target of $25.29 based on the ratings of 8 analysts. The high is $94 issued by Canaccord Genuity on August 6, 2024. The low is $4 issued by Cantor Fitzgerald on August 16, 2023. The 3 most-recent analyst ratings were released by HC Wainwright & Co., EF Hutton, and EF Hutton on September 16, 2024, September 16, 2024, and September 10, 2024, respectively. With an average price target of $25.67 between HC Wainwright & Co., EF Hutton, and EF Hutton, there's an implied 388.89% upside for Clene Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Clene (NASDAQ:CLNN) was reported by HC Wainwright & Co. on September 16, 2024. The analyst firm set a price target for $31.00 expecting CLNN to rise to within 12 months (a possible 490.48% upside). 16 analyst firms have reported ratings in the last year.
The latest analyst rating for Clene (NASDAQ:CLNN) was provided by HC Wainwright & Co., and Clene reiterated their buy rating.
There is no last upgrade for Clene
The last downgrade for Clene Inc happened on October 4, 2022 when Oppenheimer changed their price target from N/A to N/A for Clene Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Clene, 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 Clene was filed on September 16, 2024 so you should expect the next rating to be made available sometime around September 16, 2025.
While ratings are subjective and will change, the latest Clene (CLNN) rating was a reiterated with a price target of $31.00 to $31.00. The current price Clene (CLNN) is trading at is $5.25, which is out of the analyst’s predicted range.
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