Arcellx, Inc. (ACLX)
NASDAQ: ACLX · IEX Real-Time Price · USD
69.46
-0.99 (-1.41%)
At close: Mar 28, 2024, 3:59 PM
69.55
+0.09 (0.13%)
After-hours: Mar 28, 2024, 4:00 PM EDT

Arcellx Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Arcellx stock have an average target of 70.36, with a low estimate of 39 and a high estimate of 87. The average target predicts an increase of 1.30% from the current stock price of 69.46.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $39 $70.36 $77 $87
Change -43.85% +1.30% +10.86% +25.25%

Analyst Ratings

The average analyst rating for Arcellx stock from 14 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 888888
Buy 445556
Hold 000000
Sell 000000
Strong Sell 000000
Total 121213131314

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Needham
Needham
Strong Buy
Maintains
n/a
Strong Buy Maintains n/a n/a Mar 18, 2024
Stifel
Stifel
Strong Buy
Reiterates
$82
Strong Buy Reiterates $82 +18.05% Mar 14, 2024
Morgan Stanley
Morgan Stanley
Buy
Initiates
$81
Buy Initiates $81 +16.61% Mar 7, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$57$87
Strong Buy Maintains $57$87 +25.25% Mar 5, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$60$82
Strong Buy Maintains $60$82 +18.05% Feb 29, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
91.69M
from 110.32M
Decreased by -16.89%
Revenue Next Year
115.31M
from 91.69M
Increased by 25.76%
EPS This Year
-2.15
from -1.47
EPS Next Year
-2.18
from -2.15
Year 2019202020212022202320242025202620272028
Revenue
----110.32M91.69M115.31M72.55M190.82M322.27M
Revenue Growth
------16.89%25.76%-37.09%163.03%68.89%
EPS
-15.39-112.18-145.55-5.19-1.47-2.15-2.18-3.17-4.56-2.76
EPS Growth
----------
No. Analysts -----16161033
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 197.4M 293.7M 143.9M 305.3M 570.2M
Avg 91.7M 115.3M 72.5M 190.8M 322.3M
Low 58.6M 58.8M -55.0M 88.0M 70.2M

Revenue Growth

Revenue Growth 20242025202620272028
High
78.9%
220.4%
24.8%
320.9%
198.8%
Avg
-16.9%
25.8%
-37.1%
163.0%
68.9%
Low
-46.9%
-35.9%
-
21.3%
-63.2%

EPS Forecast

EPS 20242025202620272028
High -0.24 1.42 -2.04 -4.69 -2.85
Avg -2.15 -2.18 -3.17 -4.56 -2.76
Low -4.02 -4.51 -4.85 -4.38 -2.66

EPS Growth

EPS Growth 20242025202620272028
High - - - - -
Avg - - - - -
Low - - - - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.