Deep Dive Into ACADIA Pharmaceuticals Stock: Analyst Perspectives (13 Ratings)
Portfolio Pulse from Benzinga Insights
Analysts have provided varying ratings for ACADIA Pharmaceuticals (NASDAQ:ACAD) over the last quarter, with a total of 13 ratings ranging from bullish to bearish. The average 12-month price target for ACAD is $34.08, with a high estimate of $42.00 and a low estimate of $25.00, marking a 13.15% increase from the previous average of $30.12. Several analysts have raised their price targets and ratings, indicating a positive outlook on the company's performance. ACADIA Pharmaceuticals is a biotech company focusing on CNS disorders and has shown a revenue growth rate of 61.96% as of September 30, 2023, but with a net margin of -30.79% and an ROA of -10.22%. The company's market capitalization is below the industry average, and it has a debt-to-equity ratio of 0.16.
December 29, 2023 | 1:00 pm
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POSITIVE IMPACT
ACADIA Pharmaceuticals has received mixed analyst ratings but a positive shift in the average 12-month price target to $34.08. The company's strong revenue growth and positive rating changes by analysts could lead to a short-term positive impact on the stock price.
The increase in the average price target and the positive adjustments in analyst ratings suggest a bullish sentiment towards ACADIA Pharmaceuticals. The company's significant revenue growth further supports the potential for stock appreciation. However, the negative net margin and ROA, along with a market cap below industry average, introduce some caution into the analysis.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100