CRNX Logo

CRNX Stock Forecast: Crinetics Pharmaceuticals Inc. Price Predictions for 2025

Home โ€บ Stocks โ€บ United States | NASDAQ | Healthcare | Biotechnology

$34.90

+0.39 (1.13%)

CRNX Stock Forecast 2025-2026

$34.90
Current Price
$3.21B
Market Cap
16 Ratings
Buy 15
Hold 1
Sell 0
Wall St Analyst Ratings

Distance to CRNX Price Targets

+186.5%
To High Target of $100.00
+107.7%
To Median Target of $72.50
+51.9%
To Low Target of $53.00

CRNX Price Momentum

+1.4%
1 Week Change
-2.5%
1 Month Change
-25.4%
1 Year Change
-31.7%
Year-to-Date Change
-44.2%
From 52W High of $62.53
+9.6%
From 52W Low of $31.84
๐Ÿ“‰ MARKET SELLOFF ALERT

10 Quality Stocks Worth Considering Now

Researching Crinetics Pharma (CRNX) after the drop? Our ex-Goldman Sachs analyst reveals if it made our list of 10 oversold quality stocks with strong growth potential.

Get our FREE market selloff report + exclusive analysis on CRNX and similar high-potential opportunities.

Join 5,000+ investors getting our data-driven analysis. Unsubscribe anytime.

Latest CRNX Stock Price Targets & Analyst Predictions

Based on our analysis of 17 Wall Street analysts, CRNX has a bullish consensus with a median price target of $72.50 (ranging from $53.00 to $100.00). Currently trading at $34.90, the median forecast implies a 107.7% upside. This outlook is supported by 15 Buy, 1 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.

CRNX Analyst Ratings

15
Buy
1
Hold
0
Sell

CRNX Price Target Range

Low
$53.00
Average
$72.50
High
$100.00
Current: $34.90

Latest CRNX Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for CRNX.

Date Firm Analyst Rating Change Price Target
Mar 25, 2025 Stifel Alex Thompson Buy Initiates $60.00
Feb 28, 2025 Citizens Capital Markets Jonathan Wolleben Market Outperform Maintains $91.00
Feb 4, 2025 Wolfe Research Andy Chen Peer Perform Initiates $0.00
Jan 22, 2025 Jefferies Dennis Ding Buy Upgrade $55.00
Jan 13, 2025 HC Wainwright & Co. Douglas Tsao Buy Reiterates $81.00
Dec 16, 2024 JMP Securities Jonathan Wolleben Market Outperform Reiterates $87.00
Nov 14, 2024 Citigroup David Lebovitz Buy Maintains $74.00
Nov 13, 2024 HC Wainwright & Co. Douglas Tsao Buy Maintains $81.00
Sep 27, 2024 JMP Securities Jonathan Wolleben Market Outperform Reiterates $80.00
Sep 16, 2024 Cantor Fitzgerald Josh Schimmer Overweight Reiterates $90.00
Aug 9, 2024 Oppenheimer Leland Gershell Outperform Reiterates $73.00
Aug 9, 2024 HC Wainwright & Co. Douglas Tsao Buy Maintains $69.00
Jul 9, 2024 JP Morgan Jessica Fye Overweight Maintains $54.00
Jul 2, 2024 Piper Sandler Yasmeen Rahimi Overweight Maintains $97.00
Jun 28, 2024 HC Wainwright & Co. Douglas Tsao Buy Reiterates $60.00
Jun 4, 2024 HC Wainwright & Co. Douglas Tsao Buy Reiterates $60.00
Jun 4, 2024 JMP Securities Jonathan Wolleben Market Outperform Reiterates $80.00
Jun 4, 2024 Oppenheimer Leland Gershell Outperform Maintains $74.00
May 23, 2024 Baird Brian Skorney Outperform Maintains $62.00
May 23, 2024 HC Wainwright & Co. Douglas Tsao Buy Reiterates $60.00

Crinetics Pharmaceuticals Inc. (CRNX) Competitors

The following stocks are similar to Crinetics Pharma based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Crinetics Pharmaceuticals Inc. (CRNX) Financial Data

Crinetics Pharmaceuticals Inc. has a market capitalization of $3.21B with a P/E ratio of -9.5x. The company generates $1.04M 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 -32,613.5% and return on equity of -32.0%.

Valuation Metrics

Market Cap $3.21B
Enterprise Value $1.96B
P/E Ratio -9.5x
PEG Ratio -8.9x
Price/Sales 3,090.6x

Growth & Margins

Revenue Growth (YoY) N/A
Gross Margin N/A
Operating Margin -32,613.5%
Net Margin 0.0%
EPS Growth N/A

Financial Health

Cash/Price Ratio +41.7%
Current Ratio 23.0x
Debt/Equity 3.9x
ROE -32.0%
ROA -20.5%
๐Ÿ’ฐ DON'T MISS THIS OPPORTUNITY

Get All 10 Quality Stocks For This Market Selloff

Still researching investments after the market drop? Our ex-Goldman Sachs analyst has already identified the 10 highest-quality oversold stocks with strong fundamentals and upside potential.

Why spend hours researching when we've already done the work? Get instant access to our complete market selloff analysis.

Join 5,000+ investors getting our data-driven analysis. Unsubscribe anytime.

Crinetics Pharmaceuticals Inc. logo

Crinetics Pharmaceuticals Inc. (CRNX) Business Model

About Crinetics Pharmaceuticals Inc.

What They Do

Develops novel therapeutics for endocrine conditions.

Business Model

Crinetics Pharmaceuticals operates by developing and commercializing oral therapies targeting hormone receptors for endocrine disorders and rare diseases. The company generates revenue through the advancement of its investigational drugs, which are aimed at treating conditions such as acromegaly and congenital adrenal hyperplasia.

Additional Information

Based in San Diego, California, Crinetics collaborates with academic institutions and industry partners to drive innovation in drug discovery. The company focuses on small molecules to create new treatment options that address significant unmet medical needs, positioning itself to impact the pharmaceutical industry positively.

Company Information

Sector

Healthcare

Industry

Biotechnology

Employees

437

CEO

Dr. R. Scott Struthers Ph.D.

Country

United States

IPO Year

2018

Crinetics Pharmaceuticals Inc. (CRNX) Latest News & Analysis

CRNX stock latest news image
Quick Summary

Crinetics Pharmaceuticals' paltusotine has had its MAA validated by the EMA for acromegaly treatment. It also received Orphan Drug Designation in February 2025.

Why It Matters

Crineticsโ€™ paltusotine gaining EMA validation and Orphan Drug Designation boosts its market potential, enhancing investor confidence in future revenue and stock performance.

Source: GlobeNewsWire
Market Sentiment: Neutral
CRNX stock latest news image
Quick Summary

Crinetics Pharmaceuticals granted stock options for 95,675 shares and RSUs for 40,775 shares to new non-executive employees, plus additional awards to one executive, as per the 2021 Inducement Plan.

Why It Matters

The stock option and RSU grants indicate Crinetics' commitment to attract talent, potentially enhancing innovation and growth, which can positively influence stock performance.

Source: GlobeNewsWire
Market Sentiment: Neutral
CRNX stock latest news image
Quick Summary

Crinetics Pharmaceuticals, Inc. (NASDAQ:CRNX) will hold its Q4 2024 results conference call on February 27, 2025, at 4:30 PM ET, featuring key executives and analysts.

Why It Matters

The Q4 2024 results call indicates upcoming financial performance insights and strategic direction from Crinetics Pharmaceuticals, impacting stock valuation and investor sentiment.

Source: Seeking Alpha
Market Sentiment: Neutral
CRNX stock latest news image
Quick Summary

Crinetics Pharmaceuticals is on track for its September 25, 2025 PDUFA date, planning four late-stage trials and maintaining a strong financial position with $1.4B cash. Conference call at 4:30 p.m. ET today.

Why It Matters

Crinetics Pharmaceuticals is on track for key regulatory milestones and trials, indicating growth potential. Strong cash reserves enhance stability, appealing to investors focused on future developments.

Source: GlobeNewsWire
Market Sentiment: Neutral
CRNX stock latest news image
Quick Summary

Crinetics Pharmaceuticals appointed Tobin Schilke as CFO, effective February 28, 2025. He brings over 25 years of experience in the biopharma sector.

Why It Matters

The appointment of a seasoned CFO like Tobin Schilke could indicate strategic financial management and stability for Crinetics Pharmaceuticals, potentially influencing investor confidence and stock performance.

Source: GlobeNewsWire
Market Sentiment: Neutral
CRNX stock latest news image
Quick Summary

Crinetics Pharmaceuticals (Nasdaq: CRNX) will participate in the TD Cowen Healthcare Conference in Boston and the Leerink Global Healthcare Conference in Miami.

Why It Matters

Crinetics Pharmaceuticals' participation in major investment conferences signals potential interest from analysts and investors, which could influence stock performance and market perception.

Source: GlobeNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About CRNX Stock

What is Crinetics Pharmaceuticals Inc.'s (CRNX) stock forecast for 2025?

Based on our analysis of 17 Wall Street analysts, Crinetics Pharmaceuticals Inc. (CRNX) has a median price target of $72.50. The highest price target is $100.00 and the lowest is $53.00.

Is CRNX stock a good investment in 2025?

According to current analyst ratings, CRNX has 15 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $34.90. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for CRNX stock?

Wall Street analysts predict CRNX stock could reach $72.50 in the next 12 months. This represents a 107.7% increase from the current price of $34.90. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Crinetics Pharmaceuticals Inc.'s business model?

Crinetics Pharmaceuticals operates by developing and commercializing oral therapies targeting hormone receptors for endocrine disorders and rare diseases. The company generates revenue through the advancement of its investigational drugs, which are aimed at treating conditions such as acromegaly and congenital adrenal hyperplasia.

What is the highest forecasted price for CRNX Crinetics Pharmaceuticals Inc.?

The highest price target for CRNX is $100.00 from at , which represents a 186.5% increase from the current price of $34.90.

What is the lowest forecasted price for CRNX Crinetics Pharmaceuticals Inc.?

The lowest price target for CRNX is $53.00 from at , which represents a 51.9% increase from the current price of $34.90.

What is the overall CRNX consensus from analysts for Crinetics Pharmaceuticals Inc.?

The overall analyst consensus for CRNX is bullish. Out of 17 Wall Street analysts, 15 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $72.50.

How accurate are CRNX stock price projections?

Stock price projections, including those for Crinetics Pharmaceuticals 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.

Important Disclaimer

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.

Last updated: March 28, 2025 7:46 AM UTC