On May 15, 2025, Needham analyst Gil Blum reaffirmed a "Buy" rating for Nkarta (NKTX, Financial) while adjusting the price target from $11.00 to $10.00. The revised price target indicates a decrease of approximately 9.09% from the previous target.
Despite the lowered price target, the maintained "Buy" rating suggests a continued positive outlook for Nkarta (NKTX, Financial) according to the analyst's assessment. This adjustment reflects a strategic shift in expectations while still highlighting the stock's potential growth.
Nkarta (NKTX, Financial) continues to capture attention as the company navigates the evolving market landscape, guided by updated insights from analysts like Gil Blum at Needham. Investors may find this information crucial for their investment strategies.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for Nkarta Inc (NKTX, Financial) is $13.40 with a high estimate of $18.00 and a low estimate of $8.00. The average target implies an upside of 616.58% from the current price of $1.87. More detailed estimate data can be found on the Nkarta Inc (NKTX) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Nkarta Inc's (NKTX, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
