Based on ratings from 0 stock analysts, the Centessa Pharmaceuticals Limited stock price is expected to increase by 66.92% in 12 months. This is calculated by using the average 12-month stock price forecast for Centessa Pharmaceuticals Limited. The lowest target is $19 and the highest is $35. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assigned CNTA 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Centessa Pharmaceuticals Limited to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CNTA. 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.
These are the latest 20 analyst ratings of CNTA.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Jeffrey Hung Morgan Stanley | Overweight | $26 | Upgrade | Sep 19, 2024 |
Mayank Mamtani B. Riley Securities | Buy | $33 | Initiates | Sep 19, 2024 |
Kostas Biliouris BMO Capital | Outperform | $35 | Maintains | Sep 16, 2024 |
Kelly Shi Jefferies | Buy | $19 | Maintains | Sep 11, 2024 |
Debjit Chattopadhyay Guggenheim | Buy | $24 | Maintains | Sep 11, 2024 |
Kostas Biliouris BMO Capital | Outperform | $20 | Maintains | Sep 9, 2024 |
Francois Brisebois Oppenheimer | Outperform | $14 | Reiterates | Aug 14, 2024 |
Francois Brisebois Oppenheimer | Outperform | $14 | Initiates | Jul 18, 2024 |
Matthew Harrison Morgan Stanley | Equal-Weight | $11 | Maintains | Jun 21, 2024 |
Kostas Biliouris BMO Capital | Outperform | $15 | Maintains | Apr 1, 2024 |
Kelly Shi Jefferies | Buy | $11 | Upgrade | Nov 15, 2023 |
Matthew Harrison Morgan Stanley | Equal-Weight | $8 | Upgrade | Oct 26, 2023 |
Debjit Chattopadhyay Guggenheim | Buy | $10 | Maintains | Aug 15, 2023 |
David Risinger SVB Securities | Outperform | $11 | Maintains | Aug 15, 2023 |
Salveen Richter Goldman Sachs | Neutral | $5 | Maintains | Aug 15, 2023 |
Kostas Biliouris BMO Capital | Outperform | $15 | Maintains | Jul 25, 2023 |
Umer Raffat Evercore ISI Group | Outperform | Initiates | Jun 21, 2023 | |
Guggenheim | Buy | Initiates | Jun 12, 2023 | |
Salveen Richter Goldman Sachs | Neutral | $4.5 | Maintains | May 15, 2023 |
David Risinger SVB Leerink | Outperform | $6 | Initiates | Mar 17, 2023 |
When did it IPO
2021
Staff Count
72
Country
United Kingdom
Sector/Industry
Healthcare/Biotechnology
CEO
Dr. Saurabh Saha M.D., Ph.D.
Market Cap
$2.00B
In 2023, CNTA generated $6.9M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CNTA'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 - Centessa Pharmaceuticals (NASDAQ: CNTA) has nearly doubled in value this year, with Morgan Stanley significantly raising its price target, indicating potential for further growth.
Why It Matters - Centessa Pharmaceuticals' stock surge and raised price target from Morgan Stanley signal strong growth potential, attracting investor interest and possibly leading to further price appreciation.
Summary - ORX142 shows promise as a novel treatment for excessive daytime sleepiness in certain neurological, neurodegenerative, and psychiatric disorders, based on recent non-human primate data.
Why It Matters - Positive NHP data for ORX142 suggests potential market entry in treating EDS, indicating growth opportunities and possible revenue streams in neurology and psychiatry sectors.
Summary - Centessa's stock rose following positive test results for a potential blockbuster narcolepsy treatment, according to an analyst.
Why It Matters - Positive test results for Centessa's narcolepsy treatment can lead to increased revenues, market share, and investor confidence, driving stock prices higher.
Summary - Centessa Pharmaceuticals reported positive interim results for its OX2R agonist, ORX750, showing significant improvements in sleep latency and a favorable safety profile. Plans for Phase 2 trials in 2024 are underway.
Why It Matters - Positive interim trial results for Centessa's ORX750 could indicate strong market potential, leading to increased investor confidence and potential price appreciation for CNTA shares.
Summary - Centessa Pharmaceuticals (Nasdaq: CNTA) announced a $150 million public offering of American Depositary Shares, with a 30-day option for underwriters to purchase an additional $22.5 million.
Why It Matters - Centessa Pharmaceuticals' $150 million public offering may dilute existing shares but can provide critical funding for research, impacting future growth and stock valuation.
Summary - Centessa Pharmaceuticals priced a public offering of 15,254,237 ADSs at $14.75 each, aiming for $225 million in gross proceeds. The offering closes around September 16, 2024.
Why It Matters - Centessa Pharmaceuticals' $225 million capital raise indicates strong investor interest and enhances its funding for drug development, potentially impacting future growth and stock performance.