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Aldeyra Therapeutics (ALDX) Stock Forecast & Price Target

$3.79
-0.08 (-2.07%)
(As of 05/23/2024 ET)

Aldeyra 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

Buy
Based on 3 Analyst Ratings

Consensus Price Target

$9.33
146.26% Upside
High Forecast$10.00
Average Forecast$9.33
Low Forecast$8.00
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
Buy
Buy
Moderate Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
3 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
1 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$9.33$9.33$12.33$20.50
Forecasted Upside146.26% Upside222.95% Upside128.56% Upside310.23% Upside
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ALDX 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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ALDX 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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Aldeyra Therapeutics Stock vs. The Competition

TypeAldeyra TherapeuticsMedical CompaniesS&P 500
Consensus Rating Score
3.00
2.70
2.49
Consensus RatingBuyModerate BuyHold
Predicted Upside146.26% Upside839.36% Upside10.43% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/6/2024HC Wainwright
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M. Caufield
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Reiterated RatingBuy ➝ Buy$10.00+140.38%
5/6/2024Oppenheimer
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 Reiterated RatingOutperform ➝ Outperform$10.00 ➝ $10.00+140.38%
10/17/2023Citigroup
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 Lower TargetBuy ➝ Buy$25.00 ➝ $8.00+332.43%
5/24/2022Berenberg Bank
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Esther Hong
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Initiated CoverageBuy$28.00+944.77%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 12:03 AM ET.

ALDX Frequently Asked Questions

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

According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for Aldeyra Therapeutics is $9.33, with a high forecast of $10.00 and a low forecast of $8.00. The consensus rating for Aldeyra Therapeutics stock is Buy based on the current 3 buy ratings for ALDX. Learn more on ALDX's analyst rating history.

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

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

Is Aldeyra Therapeutics being upgraded by Wall Street analysts?

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

Does Aldeyra Therapeutics's stock price have much upside?

According to analysts, Aldeyra Therapeutics's stock has a predicted upside of 175.32% based on their 12-month stock forecasts.

What analysts cover Aldeyra Therapeutics?

Aldeyra Therapeutics has been rated by research analysts at HC Wainwright, and Oppenheimer in the past 90 days.


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

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