| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 10/13/2023 | 118.59% | B. Riley Securities | → $4 | Initiates Coverage On | → Buy |
| 10/09/2023 | 555.77% | HC Wainwright & Co. | → $12 | Initiates Coverage On | → Buy |
What is the target price for Scilex Holding (SCLX)?
The latest price target for Scilex Holding (NASDAQ: SCLX) was reported by B. Riley Securities on October 13, 2023. The analyst firm set a price target for $4.00 expecting SCLX to rise to within 12 months (a possible 118.59% upside). 2 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Scilex Holding (SCLX)?
The latest analyst rating for Scilex Holding (NASDAQ: SCLX) was provided by B. Riley Securities, and Scilex Holding initiated their buy rating.
When is the next analyst rating going to be posted or updated for Scilex Holding (SCLX)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Scilex Holding, 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 Scilex Holding was filed on October 13, 2023 so you should expect the next rating to be made available sometime around October 13, 2024.
Is the Analyst Rating Scilex Holding (SCLX) correct?
While ratings are subjective and will change, the latest Scilex Holding (SCLX) rating was a initiated with a price target of $0.00 to $4.00. The current price Scilex Holding (SCLX) is trading at is $1.83, which is within the analyst's predicted range.