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

Analyst price target for CRNX

Based on 8 analysts offering 12 month price targets for Crinetics Pharmaceuticals Inc.
Min Forecast
$54.00+1.62%
Avg Forecast
$74.38+39.96%
Max Forecast
$97.00+82.54%

Should I buy or sell CRNX stock?

Based on 8 analysts offering ratings for Crinetics Pharmaceuticals Inc.
Strong Buy
Strong Buy
4 analysts 50%
Buy
4 analysts 50%
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%2024-09-27
lockedlocked$00.00+00.00%2024-09-16
lockedlocked$00.00+00.00%2024-08-09
lockedlocked$00.00+00.00%2024-08-09
lockedlocked$00.00+00.00%2024-07-09
Piper Sandler
Top 4%
97
Strong BuyMaintains$97.00+82.54%2024-07-02
Baird
Top 17%
84
BuyMaintains$62.00+16.67%2024-05-23
Morgan Stanley
Top 13%
88
Strong BuyMaintains$70.00+31.73%2024-05-23

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Forecast return on equity

Is CRNX forecast to generate an efficient return?
Company
-17.95%
Industry
-752.51%
Market
49.24%
CRNX's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CRNX forecast to generate an efficient return on assets?
Company
-15.94%
Industry
26.49%
CRNX is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CRNX earnings per share forecast

What is CRNX's earnings per share in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
-$3.72
Avg 2 year Forecast
-$3.86
Avg 3 year Forecast
-$3.77

CRNX revenue forecast

What is CRNX's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$1.7M+24.4%
Avg 2 year Forecast
$16.9M+1,120.65%
Avg 3 year Forecast
$51.4M+3,613.65%
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
226.71%
Industry
35.81%
Market
9.63%
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$53.14$74.38+39.96%Strong Buy
ACLX$78.23$81.57+4.27%Strong Buy
AXSM$86.59$123.36+42.47%Strong Buy
DNLI$28.63$36.88+28.80%Strong Buy
IMVT$30.51$46.00+50.77%Strong Buy

Crinetics Pharmaceuticals Stock Forecast FAQ

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

The consensus among 8 Wall Street analysts covering (NASDAQ: CRNX) stock is to Strong Buy CRNX stock.

Out of 8 analysts, 4 (50%) are recommending CRNX as a Strong Buy, 4 (50%) 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 earnings growth forecast for 2024-2026?

(NASDAQ: CRNX) Crinetics Pharmaceuticals'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 13.66%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.7%.

Crinetics Pharmaceuticals's earnings in 2024 is -$258,540,000.On average, 9 Wall Street analysts forecast CRNX's earnings for 2024 to be -$297,468,352, with the lowest CRNX earnings forecast at -$312,939,235, and the highest CRNX earnings forecast at -$277,723,567. On average, 7 Wall Street analysts forecast CRNX's earnings for 2025 to be -$309,169,558, with the lowest CRNX earnings forecast at -$350,555,972, and the highest CRNX earnings forecast at -$228,101,489.

In 2026, CRNX is forecast to generate -$301,966,353 in earnings, with the lowest earnings forecast at -$367,363,450 and the highest earnings forecast at -$176,078,342.

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

(NASDAQ: CRNX) Crinetics Pharmaceuticals's forecast annual revenue growth rate of 226.71% is forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 35.81%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.63%.

Crinetics Pharmaceuticals's revenue in 2024 is $1,385,000.On average, 6 Wall Street analysts forecast CRNX's revenue for 2024 to be $137,901,356, with the lowest CRNX revenue forecast at $80,035,610, and the highest CRNX revenue forecast at $321,182,903. On average, 7 Wall Street analysts forecast CRNX's revenue for 2025 to be $1,353,082,023, with the lowest CRNX revenue forecast at $240,106,830, and the highest CRNX revenue forecast at $4,563,630,482.

In 2026, CRNX is forecast to generate $4,116,551,565 in revenue, with the lowest revenue forecast at $2,009,694,167 and the highest revenue forecast at $9,792,516,955.

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

(NASDAQ: CRNX) forecast ROA is -15.94%, which is lower than the forecast US Biotechnology industry average of 26.49%.

What is CRNX's Price Target?

According to 8 Wall Street analysts that have issued a 1 year CRNX price target, the average CRNX price target is $74.38, with the highest CRNX stock price forecast at $97.00 and the lowest CRNX stock price forecast at $54.00.

On average, Wall Street analysts predict that Crinetics Pharmaceuticals's share price could reach $74.38 by Sep 27, 2025. The average Crinetics Pharmaceuticals stock price prediction forecasts a potential upside of 39.96% from the current CRNX share price of $53.14.

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

(NASDAQ: CRNX) Crinetics Pharmaceuticals's current Earnings Per Share (EPS) is -$3.76. On average, analysts forecast that CRNX's EPS will be -$3.72 for 2024, with the lowest EPS forecast at -$3.91, and the highest EPS forecast at -$3.47. On average, analysts forecast that CRNX's EPS will be -$3.86 for 2025, with the lowest EPS forecast at -$4.38, and the highest EPS forecast at -$2.85. In 2026, CRNX's EPS is forecast to hit -$3.77 (min: -$4.59, max: -$2.20).

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

(NASDAQ: CRNX) forecast ROE is -17.95%, which is considered weak.
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