Design Therapeutics (DSGN) Stock Forecast & Price Target

$5.80 -0.22 (-3.65%)

(As of 11/15/2024 ET)

Design Therapeutics - 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

Hold

Based on 3 Analyst Ratings

Sell
0

Hold
2

Buy
1

Based on 3 Wall Street analysts who have issued ratings for Design Therapeutics in the last 12 months, the stock has a consensus rating of "Hold." Out of the 3 analysts, 2 have given a hold rating, and 1 has given a buy rating for DSGN.

Consensus Price Target

$7.00
20.69% Upside

According to the 3 analysts' twelve-month price targets for Design Therapeutics, the average price target is $7.00. The highest price target for DSGN is $12.00, while the lowest price target for DSGN is $4.00. The average price target represents a forecasted upside of 20.69% from the current price of $5.80.

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DSGN Analyst Ratings Over Time

Type	Current Forecast 11/18/23 to 11/17/24	1 Month Ago 10/19/23 to 10/18/24	3 Months Ago 8/20/23 to 8/19/24	1 Year Ago 11/18/22 to 11/18/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	0 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)	7 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$7.00	$7.00	$7.00	$5.67
Forecasted Upside	20.69% Upside	25.11% Upside	47.37% Upside	155.26% Upside
Consensus Rating	Hold	Hold	Hold	Hold

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DSGN 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.

DSGN 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.

Design Therapeutics Stock vs. The Competition

Type	Design Therapeutics	Medical Companies	S&P 500
Consensus Rating Score	2.33	2.80	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	20.69% Upside	28,563.29% Upside	9.87% Upside
News Sentiment Rating	Positive News See Recent DSGN News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/6/2024	Royal Bank of Canada 4 of 5 stars		Reiterated Rating	Sector Perform ➝ Sector Perform	$4.00 ➝ $4.00	-10.51%
5/7/2024	Piper Sandler 2 of 5 stars		Upgrade	Neutral ➝ Overweight	$6.00 ➝ $12.00	+228.77%
3/20/2024	Wedbush 4 of 5 stars		Reiterated Rating	Neutral ➝ Neutral	$5.00	+88.68%
8/15/2023	Leerink Partnrs Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Schwartz Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform
8/15/2023	Leerink Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Market Perform	$6.00	-18.14%
8/15/2023	SVB Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform	$6.00	-18.14%
5/4/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sell ➝ Neutral	$6.00	-16.55%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 07:42 AM ET.

DSGN Forecast - Frequently Asked Questions

: According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for Design Therapeutics is $7.00, with a high forecast of $12.00 and a low forecast of $4.00.
: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Design Therapeutics in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" DSGN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DSGN, but not buy additional shares or sell existing shares.
: According to analysts, Design Therapeutics's stock has a predicted upside of 20.69% based on their 12-month stock forecasts.
: Analysts like Design Therapeutics less than other "medical" companies. The consensus rating for Design Therapeutics is Hold while the average consensus rating for "medical" companies is Moderate Buy. Learn more on how DSGN compares to other companies.

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This page (NASDAQ:DSGN) was last updated on 11/17/2024 by MarketBeat.com Staff

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Design Therapeutics (DSGN) Stock Forecast & Price Target