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Home › Stocks › Phoenix Biotech Acquisition Corp. (PBAX) Stock Forecast & Price Prediction United States | NASDAQ | Financial Services | Shell Companies
$0.89
-0.22 (-19.81%)10 Quality Stocks Worth Considering Now
Researching Phoenix Biotech (PBAX) after the drop? Our ex-Goldman Sachs analyst reveals if it made our list of 10 oversold quality stocks with strong growth potential.
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PBAX has shown a year-to-date change of -85.4% and a 1-year change of -36.0%, reflecting downward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for PBAX. Please refer to the price chart above for recent performance and trends.
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 PBAX.
Date | Firm | Analyst | Rating | Change | Price Target |
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The following stocks are similar to Phoenix Biotech based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Phoenix Biotech Acquisition Corp. has a market capitalization of $36.47M with a P/E ratio of -29.7x. 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 -27.0%.
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Focuses on healthcare-related business acquisitions.
The company operates as a blank check company, seeking to merge or acquire businesses in the healthcare sector. It generates value by identifying and partnering with promising healthcare companies in the U.S. and Europe, facilitating their growth and expansion.
Incorporated in 2021 and based in Oakland, California, the company does not have significant operations yet, but is positioned to capitalize on opportunities within the healthcare industry.
Financial Services
Shell Companies
0
Mr. Christopher B. Ehrlich M.B.A.
United States
2021
Phoenix Biotech Acquisition Corp. (PBAX) has completed its business combination with CERo Therapeutics, making CERo a publicly-traded company focused on engineered T cell therapeutics.
The merger of Phoenix Biotech Acquisition Corp. and CERo Therapeutics creates a new public player in immunotherapy, potentially attracting investment interest and impacting market dynamics in biotech.
CERo Therapeutics and Phoenix Biotech Acquisition Corp. have announced a definitive business combination agreement, aiming to advance engineered T cell therapeutics.
The merger between CERo Therapeutics and PBAX could lead to significant advancements in immunotherapy, potentially increasing market interest and valuation for both companies.
Intrinsic Medicine and Phoenix Biotech Acquisition Corp. have mutually terminated their business combination agreement due to unfavorable market conditions.
The termination of the business combination between Intrinsic Medicine and Phoenix Biotech indicates potential instability in the biotech sector and could impact investor confidence and stock valuations.
Intrinsic Medicine, Inc. and Phoenix Biotech Acquisition Corp. announced a definitive merger. The new entity will be named Intrinsic Medicine, Inc., trading as “INRX” on Nasdaq post-transaction in H1 2023.
The merger positions Intrinsic Medicine for growth in the biotech sector, potentially increasing its stock value and market visibility, which can attract investors seeking innovative healthcare opportunities.
Analyst forecasts for Phoenix Biotech Acquisition Corp. (PBAX) are not currently available. The stock is trading at $0.89.
Analyst ratings for PBAX are not currently available. The stock is currently trading at $0.89. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for PBAX are not currently available. The stock is trading at $0.89.
The company operates as a blank check company, seeking to merge or acquire businesses in the healthcare sector. It generates value by identifying and partnering with promising healthcare companies in the U.S. and Europe, facilitating their growth and expansion.
Price targets from Wall Street analysts for PBAX are not currently available. The stock is trading at $0.89.
Price targets from Wall Street analysts for PBAX are not currently available. The stock is trading at $0.89.
Analyst ratings for PBAX are not currently available. The stock is trading at $0.89.
Stock price projections, including those for Phoenix Biotech Acquisition Corp., 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.