Analyst Price Target is $29.86
▲ +770.47% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Q32 Bio in the last 3 months. The average price target is $29.86, with a high forecast of $100.00 and a low forecast of $9.00. The average price target represents a 770.47% upside from the last price of $3.43.
Current Consensus is
Moderate Buy
The current consensus among 8 contributing investment analysts is to moderate buy stock in Q32 Bio. This rating changed within the last month from a Buy consensus rating.
Q32 Bio Inc., a clinical-stage biotechnology company, develops biologic therapeutics to restore healthy immune balance in patients with autoimmune and inflammatory diseases driven by pathological immune dysfunction in the United States. Its lead product candidate is ADX-097, a humanized anti-C3d monoclonal antibody fusion protein to restore complement regulation, which has completed Phase I clinical trial for the treatment of renal and other complement-mediated diseases of high unmet need, including lupus nephritis, immunoglobulin A nephropathy, complement component 3 glomerulopathy, and anti-neutrophil cytoplasmic antibody-associated vasculitis. The company is also developing Bempikibart (ADX-914), a fully human antiinterleukin-7 receptor alpha antagonist monoclonal antibody designed to re-regulate adaptive immune function by blocking signaling mediated by interleukin-7 and thymic stromal lymphopoietin that is Phase II clinical trial for the treatment of atopic dermatitis and alopecia areata. Q32 Bio Inc. was formerly known as AdMIRx Inc. and changed its name to Q32 Bio Inc. in April 2020. The company was founded in 2017 and is based in Waltham, Massachusetts.
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