Allakos Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Allakos stock have an average target of 3.63, with a low estimate of 1.00 and a high estimate of 9.00. The average target predicts an increase of 255.88% from the current stock price of 1.02.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$1.00	$3.63	$3.00	$9.00
Change	-1.96%	+255.88%	+194.12%	+782.35%

* Price targets were last updated on Jan 17, 2024.

Analyst Ratings

The average analyst rating for Allakos stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	1	2	1	1	1	1
Buy	3	4	4	4	4	2
Hold	1	1	2	2	2	1
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	6	8	8	8	8	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jonathan Wolleben JMP Securities	JMP Securities	Buy Maintains $10 → $3	Buy	Maintains	$10 → $3	+194.12%	Jan 17, 2024
Carter Gould Barclays	Barclays	Sell Maintains $1.5 → $1	Sell	Maintains	$1.5 → $1	-1.96%	Jan 17, 2024
Kevin Strang Jefferies	Jefferies	Strong Buy → Hold Downgrades $6 → $1.5	Strong Buy → Hold	Downgrades	$6 → $1.5	+47.06%	Jan 17, 2024
Tim Lugo William Blair	William Blair	Hold → Buy Upgrades n/a	Hold → Buy	Upgrades	n/a	n/a	Dec 18, 2023
Kevin Strang Jefferies	Jefferies	Strong Buy Initiates $9 → $6	Strong Buy	Initiates	$9 → $6	+488.24%	Dec 8, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

n/a

Revenue Next Year

n/a

EPS This Year

-1.22

from -2.14

EPS Next Year

-0.71

from -1.22

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	-	-	-	-	-	-	-	-	186.54M	501.60M
Revenue Growth	-	-	-	-	-	-	-	-	-	168.90%
EPS	-1.89	-3.10	-5.01	-5.06	-2.14	-1.22	-0.71	-0.78	-0.28	2.39
EPS Growth	-	-	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	11	11	9	6	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	n/a	n/a	n/a	707.8M	1.7B
Avg	n/a	n/a	n/a	186.5M	501.6M
Low	n/a	n/a	n/a	n/a	n/a

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	-	-	-	-	808.1%
Avg	-	-	-	-	168.9%
Low	-	-	-	-	-

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	-1.00	-0.46	-0.44	3.18	10.64
Avg	-1.22	-0.71	-0.78	-0.28	2.39
Low	-1.55	-0.98	-1.37	-1.95	-0.87

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
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.