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Dyne Therapeutics (DYN) Stock Forecast & Price Target

$44.03
+0.84 (+1.94%)
(As of 07/23/2024 ET)

Dyne 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

Based on 9 Wall Street analysts who have issued ratings for Dyne Therapeutics in the last 12 months, the stock has a consensus rating of "Buy." Out of the 9 analysts, 8 have given a buy rating, and 1 has given a strong buy rating for DYN.

Consensus Price Target

$43.11
-2.09% Downside
High Forecast$56.00
Average Forecast$43.11
Low Forecast$29.00

According to the 9 analysts' twelve-month price targets for Dyne Therapeutics, the average price target is $43.11. The highest price target for DYN is $56.00, while the lowest price target for DYN is $29.00. The average price target represents a forecasted downside of -2.09% from the current price of $44.03.

TypeCurrent Forecast
7/24/23 to 7/23/24
1 Month Ago
6/24/23 to 6/23/24
3 Months Ago
4/25/23 to 4/24/24
1 Year Ago
7/24/22 to 7/24/23
Consensus Rating
Buy
Buy
Buy
Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 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$43.11$40.78$37.43$25.83
Forecasted Upside-2.09% Downside57.88% Upside66.87% Upside102.41% Upside
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DYN 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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DYN 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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Dyne Therapeutics Stock vs. The Competition

TypeDyne TherapeuticsMedical CompaniesS&P 500
Consensus Rating Score
3.11
2.72
2.51
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside-2.53% Downside3,075.55% Upside9.49% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/9/2024JPMorgan Chase & Co.
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$39.00 ➝ $43.00+25.58%
5/21/2024Chardan Capital
2 of 5 stars
 Boost TargetBuy ➝ Buy$31.00 ➝ $42.00+18.71%
5/20/2024Jefferies Financial Group
2 of 5 stars
 Boost TargetBuy ➝ Buy$36.00 ➝ $42.00+22.77%
5/20/2024HC Wainwright
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A. Fein
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Boost TargetBuy ➝ Buy$36.00 ➝ $48.00+42.77%
5/6/2024Oppenheimer
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 Reiterated RatingOutperform ➝ Outperform$47.00 ➝ $47.00+80.21%
4/30/2024Morgan Stanley
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 Initiated CoverageOverweight$40.00+57.11%
3/6/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$35.00 ➝ $41.00+54.66%
3/6/2024Piper Sandler
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 Boost TargetOverweight ➝ Overweight$27.00 ➝ $29.00+12.19%
1/4/2024Raymond James
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 Boost TargetStrong-Buy ➝ Strong-Buy$27.00 ➝ $56.00+279.15%
1/26/2023Guggenheim
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 Initiated CoverageBuy$33.00+144.26%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:36 PM ET.

DYN Forecast - Frequently Asked Questions

What is Dyne Therapeutics' forecast for 2024?

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Dyne Therapeutics is $43.11, with a high forecast of $56.00 and a low forecast of $29.00.

Should I buy or sell Dyne Therapeutics stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dyne Therapeutics in the last year. There are currently 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" DYN shares.

Does Dyne Therapeutics's stock price have much upside?

According to analysts, Dyne Therapeutics's stock has a predicted upside of 51.49% based on their 12-month stock forecasts.

What analysts cover Dyne Therapeutics?

Dyne Therapeutics has been rated by research analysts at Chardan Capital, HC Wainwright, Jefferies Financial Group, JPMorgan Chase & Co., Morgan Stanley, and Oppenheimer in the past 90 days.

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

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


This page (NASDAQ:DYN) was last updated on 7/23/2024 by MarketBeat.com Staff

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