Sorrento Therapeutics Inc. (SRNE) Social Stream
SORRENTO THERAPEUTICS INC (SRNE) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering SRNE.
Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
---|---|---|---|---|---|---|
2021-12-28 | 3 | $35 | $19 | $26.666 | $0.307 | 8585.99% |
2022-01-04 | 3 | $35 | $18 | $26.333 | $0.307 | 8477.52% |
2022-02-18 | 2 | $26 | $18 | $22 | $0.307 | 7066.12% |
2022-03-25 | 2 | $20 | $18 | $19 | $0.307 | 6088.93% |
2022-05-09 | 2 | $20 | $16 | $18 | $0.307 | 5763.19% |
2022-09-27 | 2 | $20 | $5 | $12.5 | $0.307 | 3971.66% |
2023-01-05 | 3 | $20 | $5 | $10 | $0.307 | 3157.33% |
2023-01-31 | 2 | $13 | $5 | $9 | $0.307 | 2831.6% |
The Trend in the Analyst Price Target
Over the past 14 months, SRNE's average price target has gone down $17.67.
SRNE reports an average of 758.44% for its upside potential over the past 45 weeks.
Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
---|---|---|---|---|---|---|
2022-03-25 | 2 | 20 | 18 | 19.000 | 2.420 | 685.12% |
2022-08-18 | 2 | 20 | 5 | 12.500 | 2.050 | 509.76% |
2022-09-27 | 2 | 20 | 5 | 12.500 | 1.550 | 706.45% |
2022-11-02 | 3 | 20 | 5 | 10.000 | 1.480 | 575.68% |
2023-01-31 | 3 | 13 | 5 | 7.666 | 0.959 | 699.37% |
SRNE Broker Recommendations Summary
Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
---|---|---|---|---|---|---|
1 | 3 | 0 | 0 | 0 | 0 | 3 |
The Trend in the Broker Recommendations
Over the past 34 months, SRNE's average broker recommendation rating improved by 0.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for SRNE as an investment opportunity.
- In the context of all US stocks, SORRENTO THERAPEUTICS INC's upside potential (average analyst target price relative to current price) is higher than 996.43% of them.
- In terms of how SORRENTO THERAPEUTICS INC fares relative to stocks in the mid market cap category, note that its number of analysts covering the stock is greater than 45.35% of that group.
- In the context of stocks in the mid market cap category, SORRENTO THERAPEUTICS INC's variance in analysts' estimates is lower than -561.49% of them.
- In the context of stocks in the mid market cap category, SORRENTO THERAPEUTICS INC's average analyst price target is higher than 197.89% of them.
Stocks similar to SORRENTO THERAPEUTICS INC in the Pharmaceutical Products industry regarding analyst recommendations and price targets are MESO, PLX, and EDIT.
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