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Harmony Biosciences Holdings Inc has a consensus price target of $46.75 based on the ratings of 12 analysts. The high is $69 issued by Oppenheimer on May 26, 2023. The low is $27 issued by Raymond James on November 1, 2023. The 3 most-recent analyst ratings were released by Needham, UBS, and Needham on September 12, 2024, September 10, 2024, and August 8, 2024, respectively. With an average price target of $53.33 between Needham, UBS, and Needham, there's an implied 36.79% upside for Harmony Biosciences Holdings Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Harmony Biosciences (NASDAQ:HRMY) was reported by Needham on September 12, 2024. The analyst firm set a price target for $52.00 expecting HRMY to rise to within 12 months (a possible 33.37% upside). 29 analyst firms have reported ratings in the last year.
The latest analyst rating for Harmony Biosciences (NASDAQ:HRMY) was provided by Needham, and Harmony Biosciences reiterated their buy rating.
The last upgrade for Harmony Biosciences Holdings Inc happened on October 14, 2022 when Jefferies raised their price target to $61. Jefferies previously had a hold for Harmony Biosciences Holdings Inc.
The last downgrade for Harmony Biosciences Holdings Inc happened on January 2, 2024 when B of A Securities changed their price target from N/A to $30 for Harmony Biosciences Holdings Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Harmony Biosciences, 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 Harmony Biosciences was filed on September 12, 2024 so you should expect the next rating to be made available sometime around September 12, 2025.
While ratings are subjective and will change, the latest Harmony Biosciences (HRMY) rating was a reiterated with a price target of $52.00 to $52.00. The current price Harmony Biosciences (HRMY) is trading at is $38.99, which is out of the analyst’s predicted range.
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