| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 09/13/2023 | 614.29% | Oppenheimer | $31 → $16 | Maintains | Outperform |
| 08/01/2023 | 525% | HC Wainwright & Co. | → $14 | Reiterates | Buy → Buy |
| 05/16/2023 | 926.79% | EF Hutton | → $23 | Reiterates | Buy → Buy |
| 04/17/2023 | 926.79% | EF Hutton | → $23 | Initiates Coverage On | → Buy |
| 03/13/2023 | 1283.93% | Oppenheimer | $36 → $31 | Maintains | Outperform |
| 02/24/2023 | 525% | HC Wainwright & Co. | → $14 | Reiterates | → Buy |
| 12/08/2022 | 525% | HC Wainwright & Co. | → $14 | Initiates Coverage On | → Buy |
| 09/16/2022 | 1864.29% | Citigroup | $45 → $44 | Maintains | Buy |
| 04/26/2022 | 1016.07% | SVB Leerink | → $25 | Initiates Coverage On | → Outperform |
| 11/17/2020 | 2042.86% | Citigroup | → $48 | Initiates Coverage On | → Buy |
| 11/11/2020 | 1016.07% | Truist Securities | → $25 | Initiates Coverage On | → Buy |
| 11/11/2020 | 1507.14% | Oppenheimer | → $36 | Initiates Coverage On | → Outperform |
| 11/11/2020 | 1373.21% | SVB Leerink | → $33 | Initiates Coverage On | → Outperform |
What is the target price for Opthea (OPT)?
The latest price target for Opthea (NASDAQ: OPT) was reported by Oppenheimer on September 13, 2023. The analyst firm set a price target for $16.00 expecting OPT to rise to within 12 months (a possible 614.29% upside). 8 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Opthea (OPT)?
The latest analyst rating for Opthea (NASDAQ: OPT) was provided by Oppenheimer, and Opthea maintained their outperform rating.
When is the next analyst rating going to be posted or updated for Opthea (OPT)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Opthea, 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 Opthea was filed on September 13, 2023 so you should expect the next rating to be made available sometime around September 13, 2024.
Is the Analyst Rating Opthea (OPT) correct?
While ratings are subjective and will change, the latest Opthea (OPT) rating was a maintained with a price target of $31.00 to $16.00. The current price Opthea (OPT) is trading at is $2.24, which is out of the analyst's predicted range.