Allakos Stock Target Price and Analyst Consensus

ALLK Stock  USD 1.26  0.02  1.56%   
The current analyst and expert consensus on Allakos is Buy with 5 hold recommendations. The current projected Allakos target price consensus is 9.92 with 9 analyst opinions. One of the most common ways Allakos analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Allakos vendors, executives, and/or customers. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Allakos. We strongly encourage you to use your own analysis of Allakos to validate this buy or sell advice. Allakos recommendation module provides expert sentiment on the projected Allakos target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Allakos to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Allakos Stock please use our How to buy in Allakos Stock guide.
Lowest Forecast
9.03
Highest Forecast
11.01
Target Price
9.92
Gross Profit is expected to rise to about (5.8 M) this year. At this time, Allakos' Other Assets are quite stable compared to the past year. Cash And Short Term Investments is expected to rise to about 317.2 M this year, although the value of Net Tangible Assets will most likely fall to about 313.5 M.
  
It's important to approach Allakos' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Allakos price targets

Allakos' stock target price is an estimate of its future price, usually made by analysts. Using Allakos' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Allakos' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Allakos' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Allakos Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Allakos is a key component of Allakos valuation and have some predictive power on the future returns of a Allakos.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Allakos' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.061.2310.71
Details
Intrinsic
Valuation
LowRealHigh
0.173.4112.89
Details
Naive
Forecast
LowNextHigh
0.031.5911.07
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.6-0.44-0.36
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Allakos. Your research has to be compared to or analyzed against Allakos' peers to derive any actionable benefits. When done correctly, Allakos' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Allakos.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Cleaning Idea
Cleaning
Invested over 100 shares
Business Services Idea
Business Services
Invested few shares
Macroaxis Index Idea
Macroaxis Index
Invested over 200 shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 40 shares
When determining whether Allakos is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Allakos Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Allakos Stock. Highlighted below are key reports to facilitate an investment decision about Allakos Stock:
Check out Macroaxis Advice on Allakos to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Allakos Stock please use our How to buy in Allakos Stock guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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When running Allakos' price analysis, check to measure Allakos' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allakos is operating at the current time. Most of Allakos' value examination focuses on studying past and present price action to predict the probability of Allakos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allakos' price. Additionally, you may evaluate how the addition of Allakos to your portfolios can decrease your overall portfolio volatility.
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The data published in Allakos' official financial statements usually reflect Allakos' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Allakos. For example, before you start analyzing numbers published by Allakos accountants, it's critical to develop an understanding of what Allakos' liquidity, profitability, and earnings quality are in the context of the Biotechnology space in which it operates.
Please note, the presentation of Allakos' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Allakos' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Allakos' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Allakos. Please utilize our Beneish M Score to check the likelihood of Allakos' management manipulating its earnings.