| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 10/05/2023 | 16.56% | JP Morgan | $51 → $68 | Maintains | Overweight |
| 10/05/2023 | 25.13% | BMO Capital | $52 → $73 | Maintains | Outperform |
| 10/04/2023 | — | Stifel | Reiterates | → Buy | |
| 09/27/2023 | 11.42% | Stifel | → $65 | Initiates Coverage On | → Buy |
| 08/08/2023 | -28.01% | SVB Leerink | → $42 | Initiates Coverage On | → Market Perform |
| 07/24/2023 | -4.01% | Guggenheim | → $56 | Initiates Coverage On | → Buy |
| 07/20/2023 | -9.15% | Wedbush | → $53 | Reiterates | Outperform → Outperform |
| 06/23/2023 | -17.72% | JP Morgan | $37 → $48 | Maintains | Overweight |
| 01/18/2023 | -33.15% | Wedbush | → $39 | Initiates Coverage On | → Outperform |
| 06/24/2022 | -52.01% | BMO Capital | → $28 | Initiates Coverage On | → Outperform |
| 08/23/2021 | — | Cowen & Co. | Initiates Coverage On | → Outperform | |
| 08/23/2021 | -41.72% | JP Morgan | → $34 | Initiates Coverage On | → Overweight |
| 08/23/2021 | -31.44% | Piper Sandler | → $40 | Initiates Coverage On | → Overweight |
What is the target price for Nuvalent (NUVL)?
The latest price target for Nuvalent (NASDAQ: NUVL) was reported by JP Morgan on October 5, 2023. The analyst firm set a price target for $68.00 expecting NUVL to rise to within 12 months (a possible 16.56% upside). 9 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Nuvalent (NUVL)?
The latest analyst rating for Nuvalent (NASDAQ: NUVL) was provided by JP Morgan, and Nuvalent maintained their overweight rating.
When is the next analyst rating going to be posted or updated for Nuvalent (NUVL)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nuvalent, 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 Nuvalent was filed on October 5, 2023 so you should expect the next rating to be made available sometime around October 5, 2024.
Is the Analyst Rating Nuvalent (NUVL) correct?
While ratings are subjective and will change, the latest Nuvalent (NUVL) rating was a maintained with a price target of $51.00 to $68.00. The current price Nuvalent (NUVL) is trading at is $58.34, which is within the analyst's predicted range.