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Home โบ Stocks โบ Allakos Inc. (ALLK) Stock Forecast & Price Prediction United States | NASDAQ | Healthcare | Biotechnology
$0.33
+0.00 (0.00%)Did ALLK Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Allakos is one of their latest high-conviction picks.
Based on our analysis of 13 Wall Street analysts, ALLK has a neutral consensus with a median price target of $0.30 (ranging from $0.30 to $0.30). The overall analyst rating is Buy (6.0/10). Currently trading at $0.33, the median forecast implies a -8.8% downside. This outlook is supported by 0 Buy, 3 Hold, and 0 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for ALLK.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Sep 26, 2024 | JMP Securities | Jonathan Wolleben | Market Outperform | Reiterates | $3.00 |
| Jul 18, 2024 | Jefferies | Kevin Strang | Hold | Maintains | $1.00 |
| Jun 26, 2024 | JMP Securities | Jonathan Wolleben | Market Outperform | Reiterates | $3.00 |
| Jun 20, 2024 | Cantor Fitzgerald | Jennifer Kim | Neutral | Reiterates | $N/A |
| Jan 17, 2024 | Barclays | Carter Gould | Underweight | Maintains | $1.00 |
| Jan 17, 2024 | Jefferies | Kevin Strang | Hold | Downgrade | $1.50 |
| Jan 17, 2024 | JMP Securities | Jonathan Wolleben | Market Outperform | Maintains | $3.00 |
| Dec 18, 2023 | William Blair | Tim Lugo | Outperform | Upgrade | $N/A |
| Dec 8, 2023 | Jefferies | Kevin Strang | Buy | Assumes | $6.00 |
| Nov 28, 2023 | JMP Securities | Jonathan Wolleben | Market Outperform | Reiterates | $10.00 |
| Nov 14, 2023 | Barclays | Carter Gould | Underweight | Maintains | $1.50 |
| Nov 14, 2023 | JMP Securities | Jonathan Wolleben | Market Outperform | Maintains | $10.00 |
| Sep 27, 2023 | JMP Securities | Jonathan Wolleben | Market Outperform | Initiates | $11.00 |
| May 12, 2023 | Jefferies | Maury Raycroft | Buy | Upgrade | $9.00 |
| Mar 7, 2023 | Cantor Fitzgerald | Jennifer Kim | Overweight | Reiterates | $7.00 |
| Mar 7, 2023 | Piper Sandler | Yasmeen Rahimi | Overweight | Initiates | $22.00 |
| Feb 27, 2023 | Cantor Fitzgerald | Jennifer Kim | Overweight | Reiterates | $7.00 |
| Jan 27, 2023 | Morgan Stanley | Michael Ulz | Equal-Weight | Maintains | $8.00 |
| Sep 12, 2022 | Cantor Fitzgerald | Jennifer Kim | Overweight | Maintains | $7.00 |
| May 24, 2022 | Goldman Sachs | Paul Choi | Neutral | Maintains | $4.00 |
The following stocks are similar to Allakos based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Allakos Inc. has a market capitalization of $29.74M with a P/E ratio of -0.3x. The company generates $0 in trailing twelve-month revenue with a 0.0% profit margin.
Revenue growth is N/A quarter-over-quarter, while maintaining an operating margin of 0.0% and return on equity of -88.9%.
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Develops antibody-based treatments for immune diseases.
Allakos Inc. generates revenue through the development and commercialization of innovative biopharmaceutical products that target allergic, inflammatory, and proliferative diseases. The company focuses on advanced immunological research to create therapies that modulate immune responses, potentially leading to significant medical advancements in areas with high unmet needs.
Allakos is dedicated to pioneering solutions for conditions such as eosinophilic gastritis and eosinophilic esophagitis. By addressing niche medical issues, the company enhances the treatment landscape and contributes to the broader health science narrative, emphasizing the importance of specialized medical research for improving patient outcomes.
Healthcare
Biotechnology
131
Dr. Robert Alexander Ph.D.
United States
2018
Allakos Inc. has announced a definitive merger agreement with Concentra Biosciences, which will acquire Allakos for $0.33 per share in cash.
The merger announcement indicates a significant corporate event, potentially impacting Allakos's stock value and investor sentiment regarding the biotechnology sector.
Monteverde & Associates PC is investigating Allakos Inc. (NASDAQ: ALLK) regarding its proposed merger with Concentra Biosciences, LLC. The firm is noted for significant shareholder recoveries.
The investigation into Allakos Inc.'s merger may indicate potential legal risks, impacting stock performance and investor confidence in the company.
Halper Sadeh LLC is investigating the fairness of Allakos Inc.'s sale to Concentra Biosciences for $0.33 per share, urging shareholders to explore their legal rights.
The investigation into Allakos' sale price may indicate potential undervaluation, affecting shareholder sentiment and stock performance, which could influence broader market perceptions.
The Ademi Firm is investigating Allakos (Nasdaq: ALLK) for potential fiduciary duty breaches in its transaction with Concentra. Shareholders will receive $0.33 per share in cash.
Legal investigations can signal potential risks for Allakos, affecting its stock price and investor confidence. Shareholders may face losses if fiduciary duties were indeed breached.
Allakos Inc. (Nasdaq: ALLK) reported its fourth-quarter financial results for 2024 and provided a business update on its antibody development for various diseases.
Allakos Inc.'s business update and financial results could signal shifts in its growth potential and market performance, affecting investor sentiment and stock valuation.
Kuehn Law is investigating potential fiduciary duty breaches by Allakos Inc. officers regarding self-dealing, which may lead to shareholder damages and governance reforms.
The investigation into Allakos Inc. could signal potential legal issues and governance changes, affecting shareholder value and the company's stock performance.
Based on our analysis of 13 Wall Street analysts, Allakos Inc. (ALLK) has a median price target of $0.30. The highest price target is $0.30 and the lowest is $0.30.
According to current analyst ratings, ALLK has 0 Buy ratings, 3 Hold ratings, and 0 Sell ratings. The stock is currently trading at $0.33. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict ALLK stock could reach $0.30 in the next 12 months. This represents a -8.8% decrease from the current price of $0.33. Please note that this is a projection by Wall Street analysts and not a guarantee.
Allakos Inc. generates revenue through the development and commercialization of innovative biopharmaceutical products that target allergic, inflammatory, and proliferative diseases. The company focuses on advanced immunological research to create therapies that modulate immune responses, potentially leading to significant medical advancements in areas with high unmet needs.
The highest price target for ALLK is $0.30 from at , which represents a -8.8% decrease from the current price of $0.33.
The lowest price target for ALLK is $0.30 from at , which represents a -8.8% decrease from the current price of $0.33.
The overall analyst consensus for ALLK is neutral. Out of 13 Wall Street analysts, 0 rate it as Buy, 3 as Hold, and 0 as Sell, with a median price target of $0.30.
Stock price projections, including those for Allakos Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. 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.