Rallybio (RLYB) Stock Forecast & Price Target

$1.61
-0.13 (-7.47%)
(As of 02:57 PM ET)

Rallybio 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 6 Analyst Ratings

Analysts' Consensus Price Target

$12.20
657.76% Upside
High Forecast$18.00
Average Forecast$12.20
Low Forecast$8.00
TypeCurrent Forecast
4/25/23 to 4/24/24
1 Month Ago
3/26/23 to 3/25/24
3 Months Ago
1/25/23 to 1/25/24
1 Year Ago
4/25/22 to 4/25/23
Consensus Rating
Moderate Buy
Moderate 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
5 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
Hold
1 Hold rating(s)
1 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$12.20$12.60$16.00$21.25
Predicted Upside657.76% Upside396.45% Upside335.49% Upside302.65% Upside
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RLYB 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.
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RLYB 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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Rallybio Stock vs. The Competition

TypeRallybioMedical CompaniesS&P 500
Consensus Rating Score
2.83
2.68
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside657.76% Upside994.28% Upside10.18% Upside
News Sentiment RatingPositive News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/18/2024JMP Securities
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 Reiterated RatingMarket Outperform ➝ Market Outperform$8.00+359.77%
4/11/2024Wedbush
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 Lower TargetOutperform ➝ Outperform$13.00 ➝ $11.00+305.92%
3/13/2024HC Wainwright
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 Lower TargetBuy ➝ Buy$12.00 ➝ $9.00+476.92%
2/7/2024Jefferies Financial Group
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 DowngradeBuy ➝ Hold
12/21/2023Evercore ISI
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 Lower TargetOutperform ➝ Outperform$18.00 ➝ $15.00+468.18%
8/10/2023JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$17.00 ➝ $18.00+234.57%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 03:18 PM ET.

RLYB Price Target - Frequently Asked Questions

What is Rallybio's consensus rating and price target?

According to the issued ratings of 6 analysts in the last year, the consensus rating for Rallybio stock is Moderate Buy based on the current 1 hold rating and 5 buy ratings for RLYB. The average twelve-month price prediction for Rallybio is $12.20 with a high price target of $18.00 and a low price target of $8.00. Learn more on RLYB's analyst rating history.

Do Wall Street analysts like Rallybio more than its competitors?

Analysts like Rallybio more than other Medical companies. The consensus rating score for Rallybio is 2.83 while the average consensus rating score for medical companies is 2.68. Learn more on how RLYB compares to other companies.

Is Rallybio being downgraded by Wall Street analysts?

Over the previous 90 days, Rallybio's stock had 1 downgrade by analysts.

Does Rallybio's stock price have much upside?

According to analysts, Rallybio's stock has a predicted upside of 334.79% based on their 12-month stock forecasts.

What analysts cover Rallybio?

Rallybio has been rated by HC Wainwright, Jefferies Financial Group, JMP Securities, and Wedbush in the past 90 days.


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This page (NASDAQ:RLYB) was last updated on 4/24/2024 by MarketBeat.com Staff

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