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Apellis Pharmaceuticals Inc has a consensus price target of $51.78 based on the ratings of 19 analysts. The high is $106 issued by Raymond James on January 11, 2024. The low is $24 issued by RBC Capital on November 6, 2024. The 3 most-recent analyst ratings were released by Baird, Citigroup, and Goldman Sachs on November 7, 2024, November 6, 2024, and November 6, 2024, respectively. With an average price target of $47.33 between Baird, Citigroup, and Goldman Sachs, there's an implied 56.88% upside for Apellis Pharmaceuticals Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Apellis Pharmaceuticals (NASDAQ:APLS) was reported by Baird on November 7, 2024. The analyst firm set a price target for $55.00 expecting APLS to rise to within 12 months (a possible 82.29% upside). 68 analyst firms have reported ratings in the last year.
The latest analyst rating for Apellis Pharmaceuticals (NASDAQ:APLS) was provided by Baird, and Apellis Pharmaceuticals maintained their outperform rating.
The last upgrade for Apellis Pharmaceuticals Inc happened on February 5, 2024 when Jefferies raised their price target to $80. Jefferies previously had a hold for Apellis Pharmaceuticals Inc.
The last downgrade for Apellis Pharmaceuticals Inc happened on December 14, 2023 when Wells Fargo changed their price target from $67 to $54 for Apellis Pharmaceuticals Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Apellis Pharmaceuticals, 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 Apellis Pharmaceuticals was filed on November 7, 2024 so you should expect the next rating to be made available sometime around November 7, 2025.
While ratings are subjective and will change, the latest Apellis Pharmaceuticals (APLS) rating was a maintained with a price target of $92.00 to $55.00. The current price Apellis Pharmaceuticals (APLS) is trading at is $30.17, which is out of the analyst’s predicted range.
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