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NASDAQ: CRNX
Crinetics Pharmaceuticals Inc Stock Forecast, Predictions & Price Target

Analyst price target for CRNX

Based on 10 analysts offering 12 month price targets for Crinetics Pharmaceuticals Inc.
Min Forecast
$35.00-18.62%
Avg Forecast
$57.10+32.76%
Max Forecast
$80.00+86%

Should I buy or sell CRNX stock?

Based on 10 analysts offering ratings for Crinetics Pharmaceuticals Inc.
Strong Buy
Strong Buy
6 analysts 60%
Buy
4 analysts 40%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CRNX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-28
lockedlocked$00.00+00.00%2024-03-20
lockedlocked$00.00+00.00%2024-03-20
lockedlocked$00.00+00.00%2024-03-20
lockedlocked$00.00+00.00%2024-03-06
Cantor Fitzgerald
Top 8%
93
Strong BuyMaintains$65.00+51.13%2024-03-04
Baird
Top 13%
88
BuyMaintains$52.00+20.90%2024-02-29
Morgan Stanley
Top 11%
90
Strong BuyInitiates Coverage On$50.00+16.25%2024-01-16
JP Morgan
Top 12%
89
Strong BuyReinstates$35.00-18.62%2023-11-20
Cantor Fitzgerald
Top 4%
97
Strong BuyAssumes$50.00+16.25%2023-10-24

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Forecast return on equity

Is CRNX forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.66%

Forecast return on assets

Is CRNX forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

CRNX revenue forecast

What is CRNX's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$3.8M-4.54%
Avg 2 year Forecast
$32.1M+700.05%
Avg 3 year Forecast
$87.0M+2,067.08%
CRNX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CRNX revenue growth forecast

How is CRNX forecast to perform vs Biotechnology companies and vs the US market?
Company
174.31%
Industry
37.96%
Market
10.23%
CRNX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CRNX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CRNX vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
CRNX$43.01$57.10+32.76%Strong Buy
XENE$40.31$59.50+47.61%Strong Buy
FOLD$10.33$19.00+83.93%Strong Buy
ACLX$54.50$79.33+45.57%Strong Buy
AXSM$65.72$126.80+92.94%Strong Buy

Crinetics Pharmaceuticals Stock Forecast FAQ

Is Crinetics Pharmaceuticals Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NASDAQ: CRNX) stock is to Strong Buy CRNX stock.

Out of 10 analysts, 6 (60%) are recommending CRNX as a Strong Buy, 4 (40%) are recommending CRNX as a Buy, 0 (0%) are recommending CRNX as a Hold, 0 (0%) are recommending CRNX as a Sell, and 0 (0%) are recommending CRNX as a Strong Sell.

If you're new to stock investing, here's how to buy Crinetics Pharmaceuticals stock.

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

(NASDAQ: CRNX) Crinetics Pharmaceuticals's forecast annual revenue growth rate of 174.31% is forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 37.96%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.23%.

Crinetics Pharmaceuticals's revenue in 2024 is $4,013,000.On average, 3 Wall Street analysts forecast CRNX's revenue for 2024 to be $266,623,050, with the lowest CRNX revenue forecast at $172,598,581, and the highest CRNX revenue forecast at $347,981,010. On average, 7 Wall Street analysts forecast CRNX's revenue for 2025 to be $2,234,455,661, with the lowest CRNX revenue forecast at $208,788,606, and the highest CRNX revenue forecast at $6,590,064,367.

In 2026, CRNX is forecast to generate $6,052,433,707 in revenue, with the lowest revenue forecast at $1,899,976,315 and the highest revenue forecast at $16,045,404,371.

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

(NASDAQ: CRNX) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of N/A.

What is CRNX's Price Target?

According to 10 Wall Street analysts that have issued a 1 year CRNX price target, the average CRNX price target is $57.10, with the highest CRNX stock price forecast at $80.00 and the lowest CRNX stock price forecast at $35.00.

On average, Wall Street analysts predict that Crinetics Pharmaceuticals's share price could reach $57.10 by Mar 28, 2025. The average Crinetics Pharmaceuticals stock price prediction forecasts a potential upside of 32.76% from the current CRNX share price of $43.01.

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

(NASDAQ: CRNX) forecast ROE is N/A, which is considered weak.
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