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Altimmune (ALT) Stock Forecast & Price Target

$6.20
-0.19 (-2.97%)
(As of 09/6/2024 ET)

Altimmune - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 7 Wall Street analysts who have issued ratings for Altimmune in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 7 analysts, 2 have given a hold rating, 4 have given a buy rating, and 1 has given a strong buy rating for ALT.

Consensus Price Target

$18.80
203.23% Upside
High Forecast$25.00
Average Forecast$18.80
Low Forecast$12.00

According to the 7 analysts' twelve-month price targets for Altimmune, the average price target is $18.80. The highest price target for ALT is $25.00, while the lowest price target for ALT is $12.00. The average price target represents a forecasted upside of 203.23% from the current price of $6.20.

TypeCurrent Forecast
9/8/23 to 9/7/24
1 Month Ago
8/9/23 to 8/8/24
3 Months Ago
6/10/23 to 6/9/24
1 Year Ago
9/8/22 to 9/8/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
5 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$18.80$18.80$17.25$17.00
Forecasted Upside203.23% Upside145.75% Upside97.82% Upside128.75% Upside
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ALT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ALT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Altimmune Stock vs. The Competition

TypeAltimmuneMedical CompaniesS&P 500
Consensus Rating Score
2.86
2.77
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside203.23% Upside1,207.55% Upside11.36% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/22/2024HC Wainwright
2 of 5 stars
 Reiterated RatingBuy ➝ Buy$12.00 ➝ $12.00+76.99%
8/12/2024B. Riley
4 of 5 stars
 Reiterated RatingBuy ➝ Buy$20.00 ➝ $20.00+218.98%
8/9/2024Evercore ISI
2 of 5 stars
L. Bayko
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UpgradeStrong-Buy
6/21/2024Piper Sandler
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 Reiterated RatingOverweight ➝ Overweight$25.00 ➝ $25.00+275.94%
5/10/2024JMP Securities
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 Lower TargetMarket Outperform ➝ Market Outperform$25.00 ➝ $24.00+230.12%
4/29/2024Guggenheim
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 DowngradeBuy ➝ Neutral
1/24/2024The Goldman Sachs Group
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 Initiated CoverageNeutral$13.00+29.74%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 11:00 PM ET.

ALT Forecast - Frequently Asked Questions

What is Altimmune's forecast for 2024?

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Altimmune is $18.80, with a high forecast of $25.00 and a low forecast of $12.00.

Should I buy or sell Altimmune stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altimmune in the last year. There are currently 2 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ALT shares.

Does Altimmune's stock price have much upside?

According to analysts, Altimmune's stock has a predicted upside of 154.12% based on their 12-month stock forecasts.

Has Altimmune been upgraded by Wall Street analysts recently?

Over the previous 90 days, Altimmune's stock had 1 upgrade by analysts.

What analysts cover Altimmune?

Altimmune has been rated by research analysts at B. Riley, Evercore ISI, HC Wainwright, and Piper Sandler in the past 90 days.

Do Wall Street analysts like Altimmune more than its competitors?

Analysts like Altimmune more than other "medical" companies. The consensus rating score for Altimmune is 2.86 while the average consensus rating score for "medical" companies is 2.77. Learn more on how ALT compares to other companies.


This page (NASDAQ:ALT) was last updated on 9/7/2024 by MarketBeat.com Staff

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