Free Trial

Tourmaline Bio (TRML) Stock Forecast & Price Target

$23.74 -0.26 (-1.08%)
(As of 09:39 AM ET)

Tourmaline Bio - 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

Sell
0
Hold
0
Buy
5

Based on 5 Wall Street analysts who have issued ratings for Tourmaline Bio in the last 12 months, the stock has a consensus rating of "Buy." Out of the 5 analysts, 4 have given a buy rating, and 1 has given a strong buy rating for TRML.

Consensus Price Target

$65.00
173.80% Upside
According to the 5 analysts' twelve-month price targets for Tourmaline Bio, the average price target is $65.00. The highest price target for TRML is $74.00, while the lowest price target for TRML is $49.00. The average price target represents a forecasted upside of 173.80% from the current price of $23.74.
Get the Latest News and Ratings for TRML and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Tourmaline Bio and its competitors.

Sign Up

TRML Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
3 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$65.00$61.80$61.80$52.67
Forecasted Upside173.80% Upside118.37% Upside291.39% Upside194.39% Upside
Consensus Rating
Buy
Buy
Buy
Buy

TRML 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.
Skip Chart & View Analyst Rating History

TRML 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Tourmaline Bio Stock vs. The Competition

TypeTourmaline BioMedical CompaniesS&P 500
Consensus Rating Score
3.20
2.80
2.50
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside170.83% Upside26,931.54% Upside9.83% Upside
News Sentiment Rating
Neutral News

See Recent TRML News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/11/2024HC Wainwright
2 of 5 stars
 Boost TargetBuy ➝ Buy$48.00 ➝ $49.00+73.08%
10/15/2024Cantor Fitzgerald
3 of 5 stars
J. Schimmer
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeStrong-Buy
3/25/2024Truist Financial
2 of 5 stars
 Reiterated RatingBuy ➝ Buy$74.00+209.88%
3/20/2024Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$41.00 ➝ $72.00+61.18%
12/7/2023Leerink Partnrs
Subscribe to MarketBeat All Access for the recommendation accuracy rating
T. Smith
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingOutperform
10/31/2023Guggenheim
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageBuy$50.00+236.70%
10/25/2023Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageOverweight$65.00+446.68%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 09:58 AM ET.


TRML Forecast - Frequently Asked Questions

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Tourmaline Bio is $65.00, with a high forecast of $74.00 and a low forecast of $49.00.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tourmaline Bio in the last twelve months. There are currently 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" TRML shares.

According to analysts, Tourmaline Bio's stock has a predicted upside of 173.80% based on their 12-month stock forecasts.

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

Tourmaline Bio has been rated by research analysts at Cantor Fitzgerald, and HC Wainwright in the past 90 days.

Analysts like Tourmaline Bio more than other "medical" companies. The consensus rating for Tourmaline Bio is Buy while the average consensus rating for "medical" companies is Moderate Buy. Learn more on how TRML compares to other companies.


This page (NASDAQ:TRML) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners