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NewAmsterdam Pharma (NAMS) Stock Forecast & Price Target

$18.86
+0.14 (+0.75%)
(As of 07/26/2024 ET)

NewAmsterdam Pharma - 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 6 Wall Street analysts who have issued ratings for NewAmsterdam Pharma in the last 12 months, the stock has a consensus rating of "Buy." Out of the 6 analysts, 6 have given a buy rating for NAMS.

Consensus Price Target

$33.25
76.30% Upside
High Forecast$37.00
Average Forecast$33.25
Low Forecast$30.00

According to the 6 analysts' twelve-month price targets for NewAmsterdam Pharma, the average price target is $33.25. The highest price target for NAMS is $37.00, while the lowest price target for NAMS is $30.00. The average price target represents a forecasted upside of 76.30% from the current price of $18.86.

TypeCurrent Forecast
7/27/23 to 7/26/24
1 Month Ago
6/27/23 to 6/26/24
3 Months Ago
4/28/23 to 4/27/24
1 Year Ago
7/27/22 to 7/27/23
Consensus Rating
Buy
Buy
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
6 Buy rating(s)
6 Buy rating(s)
5 Buy rating(s)
4 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$33.25$33.25$33.25$21.67
Forecasted Upside76.30% Upside74.33% Upside66.67% Upside84.19% Upside
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NAMS 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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NAMS 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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NewAmsterdam Pharma Stock vs. The Competition

TypeNewAmsterdam PharmaMedical CompaniesS&P 500
Consensus Rating Score
3.00
2.72
2.50
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside76.30% Upside3,123.46% Upside9.10% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/7/2024Royal Bank of Canada
4 of 5 stars
 Reiterated RatingOutperform ➝ Outperform$31.00 ➝ $31.00+57.28%
5/15/2024TD Cowen
4 of 5 stars
 Initiated CoverageBuy
3/14/2024Scotiabank
5 of 5 stars
 Initiated CoverageSector Outperform ➝ Sector Outperform$35.00+56.95%
1/18/2024Guggenheim
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 Initiated CoverageBuy$30.00+79.10%
1/16/2024Piper Sandler
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 Initiated CoverageOverweight$37.00+111.07%
11/22/2023William Blair
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 Reiterated RatingOutperform
4/3/2023Credit Suisse Group
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 Boost TargetOutperform$21.00 ➝ $22.00+65.91%
12/20/2022SVB Leerink
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R. Ruiz
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Initiated CoverageOutperform$19.00+67.99%
12/19/2022Jefferies Financial Group
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 Initiated CoverageBuy$24.00+123.88%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 12:46 AM ET.

NAMS Forecast - Frequently Asked Questions

What is NewAmsterdam Pharma's forecast for 2024?

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for NewAmsterdam Pharma is $33.25, with a high forecast of $37.00 and a low forecast of $30.00.

Should I buy or sell NewAmsterdam Pharma stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NewAmsterdam Pharma in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NAMS shares.

Does NewAmsterdam Pharma's stock price have much upside?

According to analysts, NewAmsterdam Pharma's stock has a predicted upside of 74.33% based on their 12-month stock forecasts.

What analysts cover NewAmsterdam Pharma?

NewAmsterdam Pharma has been rated by research analysts at Royal Bank of Canada, and TD Cowen in the past 90 days.

Do Wall Street analysts like NewAmsterdam Pharma more than its competitors?

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


This page (NASDAQ:NAMS) was last updated on 7/26/2024 by MarketBeat.com Staff

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