On May 9, 2025, Scotiabank analyst George Farmer maintained his "Sector Outperform" rating for Arcellx (ACLX, Financial), while lowering the stock's price target from $133.00 to $93.00 USD. This adjustment represents a 30.08% decrease in the price target.
Despite the downward revision of the price target, the "Sector Outperform" rating suggests continued confidence in Arcellx's (ACLX, Financial) ability to perform well relative to the wider sector. The adjusted price target reflects Scotiabank's updated expectations for Arcellx's (ACLX) future financial performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for Arcellx Inc (ACLX, Financial) is $115.40 with a high estimate of $134.00 and a low estimate of $104.00. The average target implies an upside of 106.96% from the current price of $55.76. More detailed estimate data can be found on the Arcellx Inc (ACLX) Forecast page.
Based on the consensus recommendation from 18 brokerage firms, Arcellx Inc's (ACLX, Financial) average brokerage recommendation is currently 1.7, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
