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Where Does Wall Street Think Kodiak Sciences Inc (KOD) Stock Will Go?

Tuesday, February 06, 2024 02:13 PM | InvestorsObserver Analysts

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Where Does Wall Street Think Kodiak Sciences Inc (KOD) Stock Will Go?

Wall Street is positive on Kodiak Sciences Inc (KOD). On average, analysts give KOD a Hold rating. The average price target is $4.5, which means analysts expect the stock to decline by -4.46% over the next twelve months. That average ranking earns KOD an Analyst Rating of 2, which is better than 2% of stocks based on data compiled by InvestorsObserver.

Overall Score - 2.4
Wall Street analysts are rating KOD a Hold today. Find out what this means to you and get the rest of the rankings on KOD!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Kodiak Sciences Inc Stock Today?

Kodiak Sciences Inc (KOD) stock is higher by 12.29% while the S&P 500 has fallen -0.08% as of 2:09 PM on Tuesday, Feb 6. KOD has gained $0.51 from the previous closing price of $4.19 on volume of 1,107,454 shares. Over the past year the S&P 500 is higher by 20.13% while KOD has fallen -40.98%. KOD lost -$5.18 per share the over the last 12 months. Click Here to get the full Stock Report for Kodiak Sciences Inc stock.

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