Karuna Therapeutics (KRTX) Stock Forecast & Price Target

$197.57

+1.04 (+0.53%)

(As of 12/4/2023 ET)

Today's Range: $192.08
▼
$199.37
50-Day Range: $161.01
▼
$197.57
52-Week Range: $158.38
▼
$245.00

Volume: 213,199 shs
Average Volume: 328,990 shs
Market Capitalization: $7.45 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $259.38

Karuna Therapeutics Consensus Analyst Rating 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.

Analysts' Consensus Rating

Moderate Buy
Based on 12 Analyst Ratings

Analysts' Consensus Price Target

$259.38
31.29% Upside

High Forecast	$318.00
Average Forecast	$259.38
Low Forecast	$209.00

Type	Current Forecast 12/5/22 to 12/5/23	1 Month Ago 11/5/22 to 11/5/23	3 Months Ago 9/6/22 to 9/6/23	1 Year Ago 12/5/21 to 12/5/22
Consensus Rating	Moderate Buy	Moderate 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	10 Buy rating(s)	10 Buy rating(s)	10 Buy rating(s)	14 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	2 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	$259.38	$259.77	$263.50	$259.47
Predicted Upside	31.29% Upside	40.65% Upside	34.79% Upside	25.21% Upside

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KRTX Analyst Ratings 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.

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.

Karuna Therapeutics Stock vs. The Competition

Type	Karuna Therapeutics	Medical Companies	S&P 500
Consensus Rating Score	2.83	2.67	2.49
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	31.29% Upside	651.36% Upside	2,853.10% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/20/2023	HC Wainwright Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$300.00	+66.92%
11/17/2023	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Outperform ➝ Market Outperform	$318.00	+77.27%
11/17/2023	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$253.00	+44.60%
11/3/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$235.00 ➝ $225.00	+21.85%
11/3/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$332.00 ➝ $296.00	+61.87%
9/8/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$304.00 ➝ $259.00	+40.12%
Get the Latest News and Ratings for KRTX and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Karuna Therapeutics and its competitors with MarketBeat's FREE daily newsletter.
8/22/2023	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Duncan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral ➝ Neutral	$214.00	+22.26%
8/22/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight	$225.00	+28.65%
8/4/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$280.00	+51.89%
8/4/2023	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$274.00 ➝ $258.00	+38.12%
6/5/2023	58.com Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
6/5/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$260.00 ➝ $250.00	+7.00%
1/27/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$209.00	+6.59%
1/5/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight	$285.00	+43.61%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 03:23 AM ET.

KRTX Price Target - Frequently Asked Questions

What is Karuna Therapeutics's consensus rating and price target?: According to the issued ratings of 12 analysts in the last year, the consensus rating for Karuna Therapeutics stock is Moderate Buy based on the current 2 hold ratings and 10 buy ratings for KRTX. The average twelve-month price prediction for Karuna Therapeutics is $259.38 with a high price target of $318.00 and a low price target of $209.00. Learn more on KRTX's analyst rating history.
Do Wall Street analysts like Karuna Therapeutics more than its competitors?: Analysts like Karuna Therapeutics more than other Medical companies. The consensus rating score for Karuna Therapeutics is 2.83 while the average consensus rating score for medical companies is 2.67. 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 39.82% based on their 12-month stock forecasts.

What analysts cover Karuna Therapeutics?: Karuna Therapeutics has been rated by Bank of America, HC Wainwright, JMP Securities, Royal Bank of Canada, The Goldman Sachs Group, and Wedbush in the past 90 days.

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This page (NASDAQ:KRTX) was last updated on 12/5/2023 by MarketBeat.com Staff

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