Celldex Therapeutics (CLDX) Stock Forecast & Price Target

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$34.66

-0.25 (-0.72%)

(As of 06/18/2024 ET)

Celldex Therapeutics - 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

Moderate Buy
Based on 7 Analyst Ratings

Consensus Price Target

$62.17
79.36% Upside

High Forecast	$90.00
Average Forecast	$62.17
Low Forecast	$27.00

Type	Current Forecast 6/20/23 to 6/19/24	1 Month Ago 5/21/23 to 5/20/24	3 Months Ago 3/22/23 to 3/21/24	1 Year Ago 6/20/22 to 6/20/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate 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)	4 Buy rating(s)	4 Buy rating(s)	3 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 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	$62.17	$66.00	$62.25	$63.50
Forecasted Upside	79.36% Upside	65.35% Upside	86.42% Upside	59.11% Upside

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CLDX 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.

CLDX 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.

Celldex Therapeutics Stock vs. The Competition

Type	Celldex Therapeutics	Medical Companies	S&P 500
Consensus Rating Score	2.86	2.70	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	79.36% Upside	1,068.17% Upside	11.30% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
6/18/2024	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight ➝ Overweight	$67.00 ➝ $67.00	+88.04%
6/18/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$58.00	+66.14%
6/11/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$51.00	+47.23%
6/3/2024	HC Wainwright Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy	$80.00 ➝ $80.00	+140.24%
2/27/2024	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$72.00 ➝ $90.00	+75.06%
12/20/2023	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform
11/10/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underweight ➝ Equal Weight	$27.00	+4.73%
8/9/2022	SVB Leerink Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform	$68.00 ➝ $64.00	+70.80%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 06:04 AM ET.

CLDX Forecast - Frequently Asked Questions

What is Celldex Therapeutics's stock forecast and purchase recommendation?: According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Celldex Therapeutics is $62.17, with a high forecast of $90.00 and a low forecast of $27.00. The consensus rating for Celldex Therapeutics stock is Moderate Buy based on the current 1 hold rating and 6 buy ratings for CLDX. Learn more on CLDX's analyst rating history.
Do Wall Street analysts like Celldex Therapeutics more than its competitors?: Analysts like Celldex Therapeutics more than other "medical" companies. The consensus rating score for Celldex Therapeutics is 2.86 while the average consensus rating score for "medical" companies is 2.70. Learn more on how CLDX compares to other companies.
Does Celldex Therapeutics's stock price have much upside?: According to analysts, Celldex Therapeutics's stock has a predicted upside of 72.95% based on their 12-month stock forecasts.

What analysts cover Celldex Therapeutics?: Celldex Therapeutics has been rated by research analysts at Cantor Fitzgerald, HC Wainwright, Stifel Nicolaus, and Wolfe Research in the past 90 days.