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NASDAQ: ALLO
Allogene Therapeutics Inc Stock Forecast, Predictions & Price Target

Analyst price target for ALLO

Based on 9 analysts offering 12 month price targets for Allogene Therapeutics Inc.
Min Forecast
$4.60+72.93%
Avg Forecast
$10.51+295.15%
Max Forecast
$14.00+426.32%

Should I buy or sell ALLO stock?

Based on 9 analysts offering ratings for Allogene Therapeutics Inc.
Strong Buy
Strong Buy
4 analysts 44.44%
Buy
4 analysts 44.44%
Hold
1 analysts 11.11%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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ALLO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-08-15
lockedlocked$00.00+00.00%2024-08-09
lockedlocked$00.00+00.00%2024-08-09
lockedlocked$00.00+00.00%2024-08-08
lockedlocked$00.00+00.00%2024-08-08
Piper Sandler
Bottom 10%
10
Strong BuyInitiates Coverage On$11.00+313.53%2024-05-31
Oppenheimer
Top 11%
90
BuyMaintains$13.00+388.72%2024-05-21
Stifel Nicolaus
Bottom 9%
9
HoldMaintains$4.60+72.93%2024-05-14
RBC Capital
Bottom 3%
3
BuyReiterates$10.00+275.94%2024-03-15

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Forecast return on equity

Is ALLO forecast to generate an efficient return?
Company
-58.79%
Industry
-660.43%
Market
50.44%
ALLO's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ALLO forecast to generate an efficient return on assets?
Company
-46.81%
Industry
27.02%
ALLO is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ALLO earnings per share forecast

What is ALLO's earnings per share in the next 3 years based on estimates from 11 analysts?
Avg 1 year Forecast
-$1.38
Avg 2 year Forecast
-$1.47
Avg 3 year Forecast
-$1.55

ALLO revenue forecast

What is ALLO's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$71.0k+238.1%
Avg 2 year Forecast
$160.0k+661.9%
Avg 3 year Forecast
$180.0k+757.14%
ALLO's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ALLO revenue growth forecast

How is ALLO forecast to perform vs Biotechnology companies and vs the US market?
Company
109.99%
Industry
34.48%
Market
9.41%
ALLO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ALLO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ALLO vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
ALLO$2.66$10.51+295.15%Strong Buy
TRDA$14.86$21.50+44.68%Buy
APLT$4.88$11.00+125.41%Strong Buy
URGN$13.05$48.38+270.69%Strong Buy
QTTB$45.46$68.80+51.34%Strong Buy

Allogene Therapeutics Stock Forecast FAQ

Is Allogene Therapeutics Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NASDAQ: ALLO) stock is to Strong Buy ALLO stock.

Out of 9 analysts, 4 (44.44%) are recommending ALLO as a Strong Buy, 4 (44.44%) are recommending ALLO as a Buy, 1 (11.11%) are recommending ALLO as a Hold, 0 (0%) are recommending ALLO as a Sell, and 0 (0%) are recommending ALLO as a Strong Sell.

If you're new to stock investing, here's how to buy Allogene Therapeutics stock.

What is ALLO's earnings growth forecast for 2024-2026?

(NASDAQ: ALLO) Allogene Therapeutics's forecast annual earnings growth rate of N/A is not forecast to beat the US Biotechnology industry's average forecast earnings growth rate of 15.25%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.75%.

Allogene Therapeutics's earnings in 2024 is -$281,930,000.On average, 11 Wall Street analysts forecast ALLO's earnings for 2024 to be -$287,821,091, with the lowest ALLO earnings forecast at -$305,302,813, and the highest ALLO earnings forecast at -$271,844,971. On average, 12 Wall Street analysts forecast ALLO's earnings for 2025 to be -$306,348,371, with the lowest ALLO earnings forecast at -$347,125,117, and the highest ALLO earnings forecast at -$269,753,856.

In 2026, ALLO is forecast to generate -$324,729,273 in earnings, with the lowest earnings forecast at -$472,592,026 and the highest earnings forecast at -$213,293,746.

What is ALLO's revenue growth forecast for 2024-2026?

(NASDAQ: ALLO) Allogene Therapeutics's forecast annual revenue growth rate of 109.99% is forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 34.48%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.41%.

Allogene Therapeutics's revenue in 2024 is $21,000.On average, 7 Wall Street analysts forecast ALLO's revenue for 2024 to be $14,846,918, with the lowest ALLO revenue forecast at $4,182,230, and the highest ALLO revenue forecast at $25,093,382. On average, 5 Wall Street analysts forecast ALLO's revenue for 2025 to be $33,457,843, with the lowest ALLO revenue forecast at $20,911,152, and the highest ALLO revenue forecast at $41,822,303.

In 2026, ALLO is forecast to generate $37,640,073 in revenue, with the lowest revenue forecast at $20,911,152 and the highest revenue forecast at $46,004,534.

What is ALLO's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: ALLO) forecast ROA is -46.81%, which is lower than the forecast US Biotechnology industry average of 27.02%.

What is ALLO's Price Target?

According to 9 Wall Street analysts that have issued a 1 year ALLO price target, the average ALLO price target is $10.51, with the highest ALLO stock price forecast at $14.00 and the lowest ALLO stock price forecast at $4.60.

On average, Wall Street analysts predict that Allogene Therapeutics's share price could reach $10.51 by Aug 15, 2025. The average Allogene Therapeutics stock price prediction forecasts a potential upside of 295.15% from the current ALLO share price of $2.66.

What is ALLO's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: ALLO) Allogene Therapeutics's current Earnings Per Share (EPS) is -$1.64. On average, analysts forecast that ALLO's EPS will be -$1.38 for 2024, with the lowest EPS forecast at -$1.46, and the highest EPS forecast at -$1.30. On average, analysts forecast that ALLO's EPS will be -$1.47 for 2025, with the lowest EPS forecast at -$1.66, and the highest EPS forecast at -$1.29. In 2026, ALLO's EPS is forecast to hit -$1.55 (min: -$2.26, max: -$1.02).

What is ALLO's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: ALLO) forecast ROE is -58.79%, which is considered weak.
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