CytomX Therapeutics Stock Target Price and Analyst Consensus

CTMX Stock  USD 0.87  0.02  2.25%   
The current analyst and expert consensus on CytomX Therapeutics is Buy, with 2 strong buy opinions. The current projected CytomX Therapeutics target price consensus is 2.49 with 7 analyst opinions. Check out Macroaxis Advice on CytomX Therapeutics 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 CytomX Stock please use our How to Invest in CytomX Therapeutics guide.
The most common way CytomX Therapeutics analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview CytomX Therapeutics 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 CytomX Therapeutics. We strongly encourage you to use your own analysis of CytomX Therapeutics to validate this buy or sell advice. CytomX Therapeutics buy-or-sell recommendation module provides average expert sentiment on the projected CytomX Therapeutics target price to derive its highest and lowest estimates based on projected price volatility of 3.4743.
Lowest Forecast
2.27
Highest Forecast
2.76
Target Price
2.49
Pretax Profit Margin is likely to rise to 0.03 in 2024, whereas Gross Profit is likely to drop slightly above 53.9 M in 2024. At this time, CytomX Therapeutics' Non Current Liabilities Total is fairly stable compared to the past year. Other Current Assets is likely to rise to about 5.9 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 82.7 M in 2024.
  
It's important to approach CytomX Therapeutics' 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 CytomX Therapeutics price targets

CytomX Therapeutics' stock target price is an estimate of its future price, usually made by analysts. Using CytomX Therapeutics' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at CytomX Therapeutics' 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 CytomX Therapeutics' 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 CytomX Therapeutics 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 CytomX Therapeutics is a key component of CytomX Therapeutics valuation and have some predictive power on the future returns of a CytomX Therapeutics.
Hype
Prediction
LowEstimatedHigh
0.040.874.34
Details
Intrinsic
Valuation
LowRealHigh
0.061.264.73
Details
Naive
Forecast
LowNextHigh
0.020.854.32
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.010.010.05
Details

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Additional Tools for CytomX Stock Analysis

When running CytomX Therapeutics' price analysis, check to measure CytomX Therapeutics' 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 CytomX Therapeutics is operating at the current time. Most of CytomX Therapeutics' value examination focuses on studying past and present price action to predict the probability of CytomX Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CytomX Therapeutics' price. Additionally, you may evaluate how the addition of CytomX Therapeutics to your portfolios can decrease your overall portfolio volatility.