Arcellx, Inc.

Arcellx, Inc. Stock Forecast & Price Prediction

Live Arcellx, Inc. Stock (ACLX) Price
$82.27

19

Ratings

  • Buy 19
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$82.27

P/E Ratio

-55.97

Volume Traded Today

$659,575

Dividend

Dividends not available for ACLX

52 Week High/low

107.37/47.88

Arcellx, Inc. Market Cap

$4.82B

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ACLX Summary

The Arcellx, Inc. (ACLX) share price is expected to increase by 39.1% over the next year. This is based on calculating the average 12-month share price estimate provided by 19 stock analysts who have covered ACLX. Price targets range from $95 at the low end to $134 at the high end. The current analyst consensus for ACLX is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

ACLX Analyst Ratings

About 19 Wall Street analysts have assignedACLX 19 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Arcellx, Inc. to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ACLX. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

ACLX stock forecast by analyst

These are the latest 20 analyst ratings of ACLX.

Analyst/Firm

Rating

Price Target

Change

Date

Asthika Goonewardene
Truist Securities

Buy

$136

Maintains

Nov 12, 2024
Biren Amin
Piper Sandler

Overweight

$115

Maintains

Nov 8, 2024
Gil Blum
Needham

Buy

$105

Maintains

Nov 8, 2024
Emily Bodnar
HC Wainwright & Co.

Buy

$115

Maintains

Nov 8, 2024
Emily Bodnar
HC Wainwright & Co.

Buy

$95

Maintains

Nov 6, 2024
Judah Frommer
Morgan Stanley

Overweight

$106

Maintains

Nov 6, 2024
Jack Allen
Baird

Outperform

$106

Maintains

Nov 6, 2024
Gil Blum
Needham

Buy

$96

Reiterates

Nov 6, 2024
Jason Gerberry
B of A Securities

Buy

$100

Maintains

Nov 6, 2024
Gil Blum
Needham

Buy

$96

Reiterates

Oct 31, 2024
Gil Blum
Needham

Buy

$96

Maintains

Oct 22, 2024
Benjamin Burnett
Stifel

Buy

$122

Maintains

Oct 18, 2024
John Newman
Canaccord Genuity

Buy

$115

Maintains

Oct 17, 2024
Josh Schimmer
Cantor Fitzgerald

Overweight


Reiterates

Sep 9, 2024
Rick Bienkowski
Cantor Fitzgerald

Overweight


Initiates

Sep 3, 2024
Gil Blum
Needham

Buy

$81

Reiterates

Aug 9, 2024
John Newman
Canaccord Genuity

Buy

$85

Maintains

Jul 22, 2024
Asthika Goonewardene
Truist Securities

Buy

$87

Maintains

Jun 18, 2024
Biren Amin
Piper Sandler

Overweight

$70

Initiates

May 31, 2024
Benjamin Burnett
Stifel

Buy

$83

Maintains

May 15, 2024

ACLX Company Information

What They Do: Develops immunotherapies for cancer treatment.

Business Model: The company focuses on developing innovative immunotherapies for patients with cancer and other serious diseases. It generates revenue primarily through partnerships and collaborations, particularly with its strategic alliance with Kite Pharma for the co-development of its lead product, anitocabtagene autoleucel, along with potential future sales of its product candidates following successful clinical trials.

Other Information: Arcellx is actively advancing multiple product candidates through various phases of clinical trials, targeting conditions such as multiple myeloma and acute myeloid leukemia. The company has shifted its focus from its former name, Encarta Therapeutics, to emphasize its commitment to developing advanced therapies in the oncology space. Founded in 2014, Arcellx is based in Redwood City, California.
ACLX
Arcellx, Inc. (ACLX)

When did it IPO

N/A

Staff Count

130

Country

United States

Sector/Industry

Healthcare/Biotechnology

CEO

Mr. Rami Elghandour

Market Cap

$4.82B

Arcellx, Inc. (ACLX) Financial Data

In 2023, ACLX generated $110.3M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that ACLX's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$0

Revenue From 2021

$0

0.00 %
From Previous Year

Revenue From 2022

$0

0.00 %
From Previous Year

Revenue From 2023

$110.3M

0.00 %
From Previous Year
  • Revenue TTM $155.8M
  • Operating Margin TTM -129.1%
  • Gross profit TTM $0
  • Return on assets TTM -6.3%
  • Return on equity TTM -10.8%
  • Profit Margin -25.9%
  • Book Value Per Share 8.95%
  • Market capitalisation $4.82B
  • Revenue for 2021 $0
  • Revenue for 2022 $0
  • Revenue for 2023 $110.3M
  • EPS this year (TTM) $-0.71

Arcellx, Inc. (ACLX) Latest News

News Image

Mon, 09 Dec 2024

Sentiment - POSITIVE

Source - Investors Business Daily

Summary - Arcellx stock declined after positive results for a competitor to Legend Biotech's multiple myeloma treatment, Carvykti, were announced.

Why It Matters - Arcellx's stock decline amid rival success signals competitive pressures and potential market share loss, affecting investor sentiment and future valuations in the biotech sector.

News Image

Mon, 09 Dec 2024

Sentiment - POSITIVE

Source - Benzinga

Summary - Arcellx, Inc. (ACLX) announced new data from its Phase 2 iMMagine-1 study on anitocabtagene autoleucel for relapsed or refractory multiple myeloma patients.

Why It Matters - New data from Arcellx's pivotal study could impact its stock price and market perception, indicating potential advancements in treatment for a significant patient population.

News Image

Sun, 08 Dec 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Arcellx, Inc. (NASDAQ: ACLX) announced positive results from its Phase 2 iMMagine-1 study on anitocabtagene autoleucel for relapsed or refractory multiple myeloma, to be presented at the ASH conference.

Why It Matters - Positive Phase 2 data for Arcellx's anito-cel in treating RRMM could boost investor confidence, potentially leading to increased stock value and market interest in the company's future.

News Image

Wed, 13 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Arcellx, Inc. (ACLX) is being evaluated for its potential as a top stock pick for momentum investors. Further analysis is needed to determine its viability.

Why It Matters - The focus on Arcellx, Inc. (ACLX) as a potential momentum stock indicates investor interest and could signal volatility and trading opportunities, impacting market sentiment and stock performance.

News Image

Thu, 07 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Arcellx, Inc. (NASDAQ: ACLX) reported Q3 2024 financial results, highlighting advancements in their cancer immunotherapy, anito-cel, which shows promise as a best-in-class treatment.

Why It Matters - Arcellx's positive clinical data and Q3 financial results signal strong potential for its therapies, which could drive stock performance and investor interest in the biotech sector.

News Image

Thu, 07 Nov 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - Arcellx, Inc. (ACLX) reported a quarterly loss of $0.48 per share, better than the expected loss of $0.54, and improved from a loss of $0.81 per share a year earlier.

Why It Matters - Arcellx's smaller-than-expected loss indicates improved financial performance, potentially boosting investor confidence and interest in the stock.

...

ACLX Frequently asked questions

The highest forecasted price for ACLX is $134 from at .

The lowest forecasted price for ACLX is $95 from Emily Bodnar from HC Wainwright & Co.

The ACLX analyst ratings consensus are 19 buy ratings, 0 hold ratings, and 0 sell ratings.