Analyst Price Target is $66.31
▲ +87.52% Upside Potential
This price target is based on 13 analysts offering 12 month price targets for Revolution Medicines in the last 3 months. The average price target is $66.31, with a high forecast of $87.00 and a low forecast of $48.00. The average price target represents a 87.52% upside from the last price of $35.36.
Current Consensus is
Buy
The current consensus among 13 contributing investment analysts is to buy stock in Revolution Medicines. This rating has held steady since February 2024, when it changed from a Moderate Buy consensus rating.
Revolution Medicines, Inc., a clinical-stage precision oncology company, develops novel targeted therapies for RAS-addicted cancers. The company's research and development pipeline comprises RAS(ON) inhibitors designed to be used as monotherapy in combination with other RAS(ON) inhibitors and/or in combination with RAS companion inhibitors or other therapeutic agents, and RAS companion inhibitors for combination treatment strategies. Its RAS(ON) inhibitors include RMC-6236 (multi), RMC-6291 (G12C), and RMC-9805 (G12D), which are in phase 1 clinical trial; and development candidates comprise RMC-5127 (G12V), RMC-0708 (Q61H), and RMC-8839 (G13C), as well as programs focused on G12R and other targets. The company's RAS companion inhibitors include RMC-4630 that is in phase 2 clinical trial; and RMC-5552, which is in phase 1 clinical trial. Revolution Medicines, Inc. was incorporated in 2014 and is headquartered in Redwood City, California.
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