Foghorn TherapeuticsInc Stock Target Price and Analyst Consensus
| FHTX Stock | USD 5.99 0.12 1.96% |
The current analyst and expert consensus on Foghorn TherapeuticsInc is Strong Buy, with 2 strong buy opinions. The current projected Foghorn TherapeuticsInc target price consensus is 15.25 with 5 analyst opinions. The most common way Foghorn TherapeuticsInc analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Foghorn TherapeuticsInc executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Foghorn TherapeuticsInc. We strongly encourage you to use your own analysis of Foghorn TherapeuticsInc to validate this buy or sell advice. Foghorn TherapeuticsInc buy-or-sell recommendation module provides average expert sentiment on the projected Foghorn TherapeuticsInc target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Foghorn TherapeuticsInc 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 Foghorn Stock please use our How to Invest in Foghorn TherapeuticsInc guide.
Lowest Forecast 13.88 | Highest Forecast 16.93 | Target Price 15.25 |
Foghorn |
It's important to approach Foghorn TherapeuticsInc's 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.
Foghorn TherapeuticsInc Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Foghorn target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Foghorn TherapeuticsInc's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 5 | Strong Buy |
Most Foghorn analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Foghorn stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Foghorn TherapeuticsInc, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationFoghorn TherapeuticsInc Target Price Projection
Foghorn TherapeuticsInc's current and average target prices are 5.99 and 15.25, respectively. The current price of Foghorn TherapeuticsInc is the price at which Foghorn TherapeuticsInc is currently trading. On the other hand, Foghorn TherapeuticsInc's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Foghorn TherapeuticsInc Market Quote on 5th of May 2024
Target Price
Analyst Consensus On Foghorn TherapeuticsInc Target Price
Foghorn TherapeuticsInc Analyst Ratings
Foghorn TherapeuticsInc's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Foghorn TherapeuticsInc stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Foghorn TherapeuticsInc's financials, market performance, and future outlook by experienced professionals. Foghorn TherapeuticsInc's historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
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 Foghorn TherapeuticsInc price targets
Foghorn TherapeuticsInc's stock target price is an estimate of its future price, usually made by analysts. Using Foghorn TherapeuticsInc's target price to determine if it is a suitable investment can be done through the following steps:- Look at Foghorn TherapeuticsInc's 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 Foghorn TherapeuticsInc's 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.
Additional Foghorn TherapeuticsInc 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 Foghorn TherapeuticsInc is a key component of Foghorn TherapeuticsInc valuation and have some predictive power on the future returns of a Foghorn TherapeuticsInc.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Foghorn TherapeuticsInc's 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.
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Check out Macroaxis Advice on Foghorn TherapeuticsInc 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 Foghorn Stock please use our How to Invest in Foghorn TherapeuticsInc guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Foghorn Stock analysis
When running Foghorn TherapeuticsInc's price analysis, check to measure Foghorn TherapeuticsInc's 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 Foghorn TherapeuticsInc is operating at the current time. Most of Foghorn TherapeuticsInc's value examination focuses on studying past and present price action to predict the probability of Foghorn TherapeuticsInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foghorn TherapeuticsInc's price. Additionally, you may evaluate how the addition of Foghorn TherapeuticsInc to your portfolios can decrease your overall portfolio volatility.
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The data published in Foghorn TherapeuticsInc's official financial statements usually reflect Foghorn TherapeuticsInc's 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 Foghorn TherapeuticsInc. For example, before you start analyzing numbers published by Foghorn accountants, it's critical to develop an understanding of what Foghorn TherapeuticsInc's liquidity, profitability, and earnings quality are in the context of the Biotechnology space in which it operates.
Please note, the presentation of Foghorn TherapeuticsInc's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Foghorn TherapeuticsInc's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Foghorn TherapeuticsInc's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Foghorn TherapeuticsInc. Please utilize our Beneish M Score to check the likelihood of Foghorn TherapeuticsInc's management manipulating its earnings.