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Karuna Therapeutics (KRTX) Stock Forecast & Price Target

Notice: This company has been marked as potentially delisted and may not be actively trading.

Karuna 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 16 Analyst Ratings

Consensus Price Target

$293.92
-10.89% Downside
High Forecast$330.00
Average Forecast$293.92
Low Forecast$225.00
TypeCurrent Forecast
5/24/23 to 5/23/24
1 Month Ago
4/24/23 to 4/23/24
3 Months Ago
2/23/23 to 2/23/24
1 Year Ago
5/24/22 to 5/24/23
Consensus Rating
Hold
Hold
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
13 Buy rating(s)
Hold
10 Hold rating(s)
10 Hold rating(s)
10 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$293.92$293.92$293.92$277.13
Forecasted Upside-10.89% Downside16.72% Upside17.17% Upside25.99% Upside
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KRTX 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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KRTX 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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Karuna Therapeutics Stock vs. The Competition

TypeKaruna TherapeuticsMedical CompaniesS&P 500
Consensus Rating Score
2.38
2.69
2.49
Consensus RatingHoldModerate BuyHold
Predicted Upside-10.89% Downside705.68% Upside8.73% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
3/14/2024HC Wainwright
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R. Selvaraju
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Reiterated RatingNeutral ➝ Neutral$330.00+0.05%
2/20/2024Cantor Fitzgerald
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 Reiterated RatingNeutral ➝ Neutral$330.00+3.68%
1/26/2024Mizuho
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 Reiterated RatingBuy ➝ Neutral$245.00 ➝ $330.00+5.11%
12/28/2023JPMorgan Chase & Co.
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 Reiterated RatingOverweight ➝ Neutral$217.00 ➝ $330.00+4.05%
12/22/2023William Blair
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M. Minter
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DowngradeOutperform ➝ Market Perform
12/22/2023Leerink Partnrs
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M. Goodman
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DowngradeOutperform ➝ Market Perform
12/22/2023Morgan Stanley
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 Reiterated RatingOverweight ➝ Equal Weight$295.00 ➝ $330.00+4.24%
12/22/2023Guggenheim
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 Reiterated RatingBuy ➝ Neutral
12/22/2023Wedbush
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L. Chico
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DowngradeOutperform ➝ Neutral$330.00+4.24%
12/22/2023JMP Securities
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 Reiterated RatingMarket Outperform ➝ Market Perform
12/12/2023Citigroup
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 Initiated CoverageBuy$291.00+35.56%
12/12/2023Deutsche Bank Aktiengesellschaft
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 Initiated CoverageBuy$227.00+11.43%
11/3/2023Royal Bank of Canada
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 Lower TargetOutperform ➝ Outperform$235.00 ➝ $225.00+21.85%
11/3/2023The Goldman Sachs Group
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 Lower TargetBuy ➝ Buy$332.00 ➝ $296.00+61.87%
9/8/2023Bank of America
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 Lower TargetBuy ➝ Buy$304.00 ➝ $259.00+40.12%
8/22/2023Wells Fargo & Company
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 Initiated CoverageOverweight$225.00+28.65%
6/5/202358.com
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 Reiterated RatingMaintains
1/27/2023UBS Group
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 Initiated CoverageNeutral$209.00+6.59%
1/5/2023Piper Sandler
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 Initiated CoverageOverweight$285.00+43.61%
11/1/2022Loop Capital
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 Initiated CoverageBuy$288.00+31.30%
9/13/2022Stifel Nicolaus
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 Boost TargetBuy$260.00 ➝ $295.00+22.63%
8/9/2022SVB Leerink
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M. Goodman
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Boost TargetOutperform$170.00 ➝ $270.00+11.94%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 08:12 AM ET.

KRTX Frequently Asked Questions

What is Karuna Therapeutics's stock forecast and purchase recommendation?

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Karuna Therapeutics is $293.92, with a high forecast of $330.00 and a low forecast of $225.00. The consensus rating for Karuna Therapeutics stock is Hold based on the current 10 hold ratings and 6 buy ratings for KRTX. Learn more on KRTX's analyst rating history.

Do Wall Street analysts like Karuna Therapeutics more than its competitors?

Analysts like Karuna Therapeutics less than other "medical" companies. The consensus rating for Karuna Therapeutics is Hold while the average consensus rating for "medical" companies is Moderate Buy. Learn more on how KRTX compares to other companies.

Does Karuna Therapeutics's stock price have much upside?

According to analysts, Karuna Therapeutics's stock has a predicted upside of 16.72% based on their 12-month stock forecasts.

What analysts cover Karuna Therapeutics?

Karuna Therapeutics has been rated by research analysts at HC Wainwright in the past 90 days.


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This page (NASDAQ:KRTX) was last updated on 5/23/2024 by MarketBeat.com Staff

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