Based on ratings from 10 stock analysts, the ACADIA Pharmaceuticals Inc stock price is expected to increase by 67.42% in 12 months. This is calculated by using the average 12-month stock price forecast for ACADIA Pharmaceuticals Inc. The lowest target is $12 and the highest is $39. Please note analyst price targets are not guaranteed and could be missed completely.
ACAD is a stock in Healthcare which has been forecasted to be worth $25.28 as an average. On the higher end, the forecast price is $39 USD by Jason Butler from JMP Securities and on the lower end ACAD is forecasted to be $12 by Salveen Richter from Goldman Sachs.
These are the latest 20 analyst ratings of ACAD.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Ashwani Verma UBS | Buy | $23 | Maintains | Aug 8, 2024 |
David Hoang Citigroup | Buy | $23 | Maintains | Aug 8, 2024 |
Andrew Fein HC Wainwright & Co. | Buy | $27 | Reiterates | Aug 8, 2024 |
Gregory Renza RBC Capital | Outperform | $26 | Maintains | Aug 7, 2024 |
Ami Fadia Needham | Buy | $28 | Maintains | Aug 7, 2024 |
Jeffrey Hung Morgan Stanley | Equal-Weight | $20 | Downgrade | Aug 7, 2024 |
Charles Duncan Cantor Fitzgerald | Overweight | $28 | Maintains | Aug 7, 2024 |
Jeffrey Hung Morgan Stanley | Overweight | $28 | Maintains | Jul 12, 2024 |
Keith Tapper BMO Capital | Outperform | $31 | Initiates | Jun 27, 2024 |
Gregory Renza RBC Capital | Outperform | $29 | Reiterates | Jun 25, 2024 |
Tazeen Ahmad B of A Securities | Neutral | $22 | Maintains | May 10, 2024 |
Ami Fadia Needham | Buy | $30 | Reiterates | May 9, 2024 |
Charles Duncan Cantor Fitzgerald | Overweight | $37 | Reiterates | May 9, 2024 |
David Hoang Citigroup | Buy | $30 | Maintains | May 9, 2024 |
Andrew Fein HC Wainwright & Co. | Buy | $27 | Maintains | May 9, 2024 |
Paul Matteis Stifel | Hold | $21 | Maintains | May 9, 2024 |
Joel Beatty Baird | Outperform | $28 | Maintains | May 9, 2024 |
Uy Ear Mizuho | Neutral | $21 | Maintains | May 9, 2024 |
Jay Olson Oppenheimer | Perform | $19 | Maintains | May 6, 2024 |
UBS | Buy | Maintains | Apr 30, 2024 |
When did it IPO
2004
Staff Count
630
Country
United States
Sector/Industry
Healthcare/Biotechnology
CEO
Mr. Stephen R. Davis J.D.
Market Cap
$2.50B
In 2023, ACAD generated $726.4M in revenue, which was a increase of 40.45% from the previous year. This can be seen as a signal that ACAD'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
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Acadia Pharmaceuticals granted CEO Catherine Owen Adams a one-time equity award of 353,261 stock options at $16.29 each, vesting over four years.
Why It Matters - The equity award for Acadia's new CEO aligns her interests with shareholders, potentially driving stock performance and signaling confidence in the companyโs future strategy.
Summary - Acadia Pharmaceuticals has appointed Catherine Owen Adams as CEO, succeeding Steve Davis. She also joins the Board of Directors, bringing a strong track record in the pharmaceutical industry.
Why It Matters - Leadership changes can signal shifts in strategy or company direction, impacting investor confidence and stock performance. Adams' track record may influence future growth prospects for Acadia Pharmaceuticals.
Summary - Axcelead Drug Discovery Partners has signed a Master Service Agreement with Acadia Pharmaceuticals for drug discovery projects.
Why It Matters - The agreement signals potential revenue growth for Axcelead and validates its capabilities in drug discovery, which may positively influence its stock performance and investor confidence.
Summary - Acadia (ACAD) reported earnings 30 days ago; investors should monitor market reactions and upcoming financial updates for potential stock movements.
Why It Matters - The timing suggests potential market volatility as investors react to earnings performance and anticipate future guidance, impacting stock valuation and sentiment.
Summary - Acadia Pharmaceuticals will present at the Morgan Stanley Global Healthcare Conference on Sept 4, 2024, and the Baird Global Healthcare Conference on Sept 11, 2024. Live webcasts available online.
Why It Matters - Acadia Pharmaceuticals' participation in major investor conferences signals potential growth opportunities and increased visibility, which can influence investor sentiment and stock performance.
Summary - Acadia's shares declined due to Daybue's weak sales and Nuplazid's phase 3 trial failure. Full-year guidance was cut as new patient acquisition slows, but future performance may improve.
Why It Matters - Declining shares of Acadia reflect concerns over Daybue's sales and Nuplazid's trial failure. Reduced guidance indicates challenges in new patient acquisition, but potential recovery ahead could impact stock performance.