Analyst Price Target is $79.13
▲ +95.71% Upside Potential
This price target is based on 18 analysts offering 12 month price targets for Cytokinetics in the last 3 months. The average price target is $79.13, with a high forecast of $120.00 and a low forecast of $54.00. The average price target represents a 95.71% upside from the last price of $40.43.
Current Consensus is
Moderate Buy
The current consensus among 18 contributing investment analysts is to moderate buy stock in Cytokinetics. This Moderate Buy consensus rating has held steady for over two years.
Cytokinetics, Incorporated, a late-stage biopharmaceutical company, focuses on discovering, developing, and commercializing muscle activators and inhibitors as potential treatments for debilitating diseases. The company develops small molecule drug candidates primarily engineered to impact muscle function and contractility. Its drug candidates include omecamtiv mecarbil, a novel cardiac myosin activator that is in Phase III clinical trial in patients with heart failure. The company also develops CK-136, a novel cardiac troponin activator that is in Phase I clinical trial; CK-586, a small molecule cardiac myosin inhibitor, that is in Phase I clinical trial; and aficamten, a novel cardiac myosin inhibitor, which is in Phase III clinical trial for the treatment of patients with symptomatic obstructive hypertrophic cardiomyopathy. Cytokinetics, Incorporated has a strategic alliance with Ji Xing Pharmaceuticals Limited. The company was incorporated in 1997 and is headquartered in South San Francisco, California.
Read More