Apellis Pharmaceuticals - APLS Stock Forecast, Price & News

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Apellis Pharmaceuticals in the last year. There are currently 1 sell rating, 4 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" APLS shares.
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13 brokers have issued 12 month price objectives for Apellis Pharmaceuticals' shares. Their APLS share price forecasts range from $40.00 to $123.00. On average, they anticipate the company's stock price to reach $71.23 in the next year. This suggests a possible upside of 30.4% from the stock's current price.
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Apellis Pharmaceuticals' stock was trading at $51.71 on January 1st, 2023. Since then, APLS stock has increased by 5.6% and is now trading at $54.62.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023.
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Apellis Pharmaceuticals, Inc. (NASDAQ:APLS) issued its earnings results on Monday, November, 8th. The company reported ($2.28) EPS for the quarter, missing analysts' consensus estimates of ($1.73) by $0.55. The firm had revenue of $5.65 million for the quarter, compared to the consensus estimate of $2.32 million. Apellis Pharmaceuticals had a negative trailing twelve-month return on equity of 194.70% and a negative net margin of 560.92%. During the same period last year, the firm posted ($1.79) EPS.

18 employees have rated Apellis Pharmaceuticals Chief Executive Officer Cedric Francois on Glassdoor.com. Cedric Francois has an approval rating of 100% among the company's employees. This puts Cedric Francois in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 74.0% of employees surveyed would recommend working at Apellis Pharmaceuticals to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Apellis Pharmaceuticals investors own include AbbVie (ABBV), OPKO Health (OPK), Fate Therapeutics (FATE), Sorrento Therapeutics (SRNE), Viking Therapeutics (VKTX), Allena Pharmaceuticals (ALNA), Amarin (AMRN), Anavex Life Sciences (AVXL), Axsome Therapeutics (AXSM) and BioXcel Therapeutics (BTAI).

(APLS) raised $150 million in an initial public offering on Thursday, November 9th 2017. The company issued 10,700,000 shares at $13.00-$15.00 per share. Citigroup, J.P. Morgan and Evercore ISI served as the underwriters for the IPO.

Apellis Pharmaceuticals trades on the NASDAQ under the ticker symbol "APLS."

Apellis Pharmaceuticals' stock is owned by a variety of retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.66%), TD Asset Management Inc (0.25%), Banque Pictet & Cie SA (0.14%), Allspring Global Investments Holdings LLC (0.11%), New York State Common Retirement Fund (0.09%) and Bank of Montreal Can (0.09%). Insiders that own company stock include A Sinclair Dunlop, Adam J Townsend, Alec Machiels, Cedric Francois, David O Watson, Federico Grossi, Jeffrey Eisele, Karen Lewis, Lukas Scheibler, Mark Jeffrey Delong, Morningside Venture Investment, Nicole D Perry, Pascal Deschatelets, Victoria L Brown and Victoria L Brown.
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Shares of APLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of APLS stock can currently be purchased for approximately $54.62.

Apellis Pharmaceuticals (NASDAQ:APLS) has a market capitalization of $6.04 billion and generates $66.56 million in revenue each year. The company earns $-746,350,000.00 in net income (profit) each year or ($6.24) on an earnings per share basis.

The company employs 476 workers across the globe.

Apellis Pharmaceuticals' mailing address is 100 FIFTH AVENUE, WALTHAM MA, 02451. The official website for the company is www.apellis.com. The company can be reached via phone at (617) 977-5700 or via email at investors@apellis.com.