$0.9022
0.0187[2.12%]
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Durect Stock (NASDAQ:DRRX), Analyst Ratings, Price Targets, Predictions
Durect Corp has a consensus price target of $11.5, established from looking at the 13 latest analyst ratings. The last 3 analyst ratings were released from Oppenheimer, HC Wainwright & Co., and JonesTrading on April 1, 2024, March 28, 2024, and November 9, 2023. With an average price target of $1.67 between Oppenheimer, HC Wainwright & Co., and JonesTrading, there's an implied 84.73% upside for Durect Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Oppenheimer
HC Wainwright & Co.
JonesTrading
Cantor Fitzgerald
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Durect
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/01/2024 | DRRX | Buy Now | Durect | $0.90 | 454.2% | Oppenheimer | Francois Brisebois | → $5 | Reiterates | Outperform → Outperform | Get Alert |
| 03/28/2024 | DRRX | Buy Now | Durect | $0.90 | — | HC Wainwright & Co. | Ed Arce | — | Reiterates | → Neutral | Get Alert |
| 11/09/2023 | DRRX | Buy Now | Durect | $0.90 | — | JonesTrading | Sean Kim | — | Downgrade | Buy → Hold | Get Alert |
| 11/08/2023 | DRRX | Buy Now | Durect | $0.90 | — | HC Wainwright & Co. | Ed Arce | — | Downgrade | Buy → Neutral | Get Alert |
| 08/10/2023 | DRRX | Buy Now | Durect | $0.90 | 4444.45% | Cantor Fitzgerald | Kristen Kluska | $44 → $41 | Maintains | Overweight | Get Alert |
| 08/10/2023 | DRRX | Buy Now | Durect | $0.90 | 2892.68% | HC Wainwright & Co. | Ed Arce | $32 → $27 | Maintains | Buy | Get Alert |
| 05/17/2023 | DRRX | Buy Now | Durect | $0.90 | 4776.97% | Cantor Fitzgerald | Kristen Kluska | → $44 | Reiterates | Overweight → Overweight | Get Alert |
| 05/09/2023 | DRRX | Buy Now | Durect | $0.90 | 3446.89% | HC Wainwright & Co. | Ed Arce | → $32 | Reiterates | → Buy | Get Alert |
| 04/11/2023 | DRRX | Buy Now | Durect | $0.90 | 3446.89% | HC Wainwright & Co. | Ed Arce | → $32 | Reiterates | → Buy | Get Alert |
| 03/14/2023 | DRRX | Buy Now | Durect | $0.90 | 4001.09% | JonesTrading | Sean Kim | → $37 | Initiates | → Buy | Get Alert |
| 03/08/2023 | DRRX | Buy Now | Durect | $0.90 | 3446.89% | HC Wainwright & Co. | Ed Arce | $35 → $32 | Maintains | Buy | Get Alert |
| 12/07/2022 | DRRX | Buy Now | Durect | $0.90 | 3446.89% | Oppenheimer | Francois Brisebois | $6 → $32 | Maintains | Outperform | Get Alert |
| 05/05/2021 | DRRX | Buy Now | Durect | $0.90 | 565.04% | HC Wainwright & Co. | Ed Arce | — | Reiterates | → Buy | Get Alert |
FAQ
What is the target price for Durect (DRRX)?
The latest price target for Durect (NASDAQ: DRRX) was reported by Oppenheimer on April 1, 2024. The analyst firm set a price target for $5.00 expecting DRRX to rise to within 12 months (a possible 454.20% upside). 8 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Durect (DRRX)?
The latest analyst rating for Durect (NASDAQ: DRRX) was provided by Oppenheimer, and Durect reiterated their outperform rating.
When was the last upgrade for Durect (DRRX)?
There is no last upgrade for Durect.
When was the last downgrade for Durect (DRRX)?
The last downgrade for Durect Corp happened on November 9, 2023 when JonesTrading changed their price target from $37 to N/A for Durect Corp.
When is the next analyst rating going to be posted or updated for Durect (DRRX)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Durect, 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 Durect was filed on April 1, 2024 so you should expect the next rating to be made available sometime around April 1, 2025.
Is the Analyst Rating Durect (DRRX) correct?
While ratings are subjective and will change, the latest Durect (DRRX) rating was a reiterated with a price target of $0.00 to $5.00. The current price Durect (DRRX) is trading at is $0.90, which is within the analyst’s predicted range.
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