In the last trading session, 3.0 million shares of the Arcellx Inc (NASDAQ:ACLX) were traded, and its beta was 0.34. Most recently the company’s share price was $52.80, and it changed around -$11.85 or -18.33% from the last close, which brings the market valuation of the company to $2.91B. ACLX currently trades at a discount to its 52-week high of $107.37, offering almost -103.35% off that amount. The share price’s 52-week low was $47.88, which indicates that the current value has risen by an impressive 9.32% since then.
Arcellx Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.12. If we narrow it down even further, the data shows that 0 out of 18 analysts rate the stock as a Sell; another 6 rate it as Overweight. Among the rest, 0 recommended ACLX as a Hold, whereas 12 deemed it a Buy, and 0 rated it as Underweight. Arcellx Inc is expected to report earnings per share of -0.74 for the current quarter.
Arcellx Inc (NASDAQ:ACLX) trade information
Instantly ACLX has showed a red trend with a performance of -18.33% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 67.36 on recent trading dayincreased the stock’s daily price by 21.62%. The company’s shares are currently down -31.15% year-to-date, but still down -18.41% over the last five days. On the other hand, Arcellx Inc (NASDAQ:ACLX) is -9.88% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $115, which translates to bulls needing to increase their stock price by 54.09% from its current value. Analyst projections state that ACLX is forecast to be at a low of $115 and a high of $115.
Arcellx Inc (ACLX) estimates and forecasts
The year-over-year growth rate is expected to be -17.37%, down from the previous year.
Consensus estimates provided by 9 financial analysts predict the company will bring in an average of 19.51M in revenue for the current quarter. 9 analysts expect Arcellx Inc to make 19.47M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 39.26M and 27.38M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -50.30%. Forecasts for the next quarter put sales growth at -28.89%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -31.14%. Arcellx Inc earnings are expected to increase by -49.87% in 2025, but the outlook is negative -9.56% per year for the next five years.
ACLX Dividends
Arcellx Inc’s next quarterly earnings report is expected to be released in June.
PERCEPTIVE ADVISORS LLC, with 7.2682% or 3.89 million shares worth $214.67 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 1.36 shares worth $71.75 million, making up 2.47% of all outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held roughly 1.15 shares worth around $60.73 million, which represents about 2.09% of the total shares outstanding.
