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NASDAQ: KRTX
Karuna Therapeutics Inc Stock Forecast, Predictions & Price Target

Analyst price target for KRTX

Based on 11 analysts offering 12 month price targets for Karuna Therapeutics Inc.
Min Forecast
$214.00+27.61%
Avg Forecast
$262.09+56.29%
Max Forecast
$318.00+89.62%

Should I buy or sell KRTX stock?

Based on 11 analysts offering ratings for Karuna Therapeutics Inc.
Strong Buy
Strong Buy
6 analysts 54.55%
Buy
4 analysts 36.36%
Hold
1 analysts 9.09%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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KRTX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Bank of America
Top 11%
90
Strong BuyMaintains$259.00+54.44%2023-09-08
Cantor Fitzgerald
Top 5%
96
HoldReiterates$214.00+27.61%2023-08-22
Wells Fargo
Top 4%
97
Strong BuyInitiates Coverage On$225.00+34.17%2023-08-22
Morgan Stanley
Bottom 20%
20
Strong BuyReiterates$280.00+66.96%2023-08-04
RBC Capital
Top 7%
94
BuyMaintains$235.00+40.13%2023-08-04
Mizuho
Bottom 4%
4
Strong BuyMaintains$258.00+53.85%2023-08-04
HC Wainwright & Co.
Bottom 1%
1
BuyReiterates$300.00+78.89%2023-08-04
JP Morgan
Top 19%
82
Strong BuyMaintains$250.00+49.08%2023-06-05
JMP Securities
Bottom 4%
4
BuyReiterates$318.00+89.62%2023-06-01
Oppenheimer
Top 5%
96
BuyReiterates$280.00+66.96%2023-05-08

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Forecast return on equity

Is KRTX forecast to generate an efficient return?
Company
N/A
Industry
0.6%
Market
28.73%

Forecast return on assets

Is KRTX forecast to generate an efficient return on assets?
Company
N/A
Industry
-0.11%

KRTX revenue growth forecast

How is KRTX forecast to perform vs Biotechnology companies and vs the US market?
Company
290.82%
Industry
34.63%
Market
8.12%
KRTX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
KRTX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

KRTX vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
KRTX$167.70$262.09+56.29%Strong Buy
IONS$47.13$59.00+25.19%Buy
EXEL$22.19$26.30+18.52%Strong Buy
ASND$94.07$114.80+22.04%Strong Buy
ABCM$22.73$23.25+2.29%Buy

Karuna Therapeutics Stock Forecast FAQ

Is Karuna Therapeutics Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NASDAQ: KRTX) stock is to Strong Buy KRTX stock.

Out of 11 analysts, 6 (54.55%) are recommending KRTX as a Strong Buy, 4 (36.36%) are recommending KRTX as a Buy, 1 (9.09%) are recommending KRTX as a Hold, 0 (0%) are recommending KRTX as a Sell, and 0 (0%) are recommending KRTX as a Strong Sell.

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

What is KRTX's forecast return on equity (ROE) for 2023-2026?

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

What is KRTX's Price Target?

According to 11 Wall Street analysts that have issued a 1 year KRTX price target, the average KRTX price target is $262.09, with the highest KRTX stock price forecast at $318.00 and the lowest KRTX stock price forecast at $214.00.

On average, Wall Street analysts predict that Karuna Therapeutics's share price could reach $262.09 by Sep 8, 2024. The average Karuna Therapeutics stock price prediction forecasts a potential upside of 56.29% from the current KRTX share price of $167.70.

What is KRTX's forecast return on assets (ROA) for 2023-2026?

(NASDAQ: KRTX) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of -0.11%.
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