Wall Street Analysts Predict an 86.05% Upside in XOMA Royalty (XOMA): Here's What You Should Know

Core Viewpoint - XOMA Royalty (XOMA) shares have increased by 22.2% in the past four weeks, closing at $34.76, with a potential upside of 86.1% based on Wall Street analysts' mean price target of $64.67 [1] Price Targets - The average price targets range from a low of $35.00 to a high of $104.00, with a standard deviation of $35.5, indicating variability among analysts [2] - The lowest estimate suggests a 0.7% increase from the current price, while the highest estimate indicates a potential upside of 199.2% [2] Analyst Consensus and Earnings Estimates - Analysts are optimistic about XOMA's earnings, with a positive trend in earnings estimate revisions, which historically correlates with stock price movements [4][9] - The Zacks Consensus Estimate for the current year has surged by 3671.4% over the past month, with three estimates revised upward and no negative revisions [10] Zacks Rank - XOMA holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [11] Caution on Price Targets - While price targets are commonly referenced, they can mislead investors, and reliance solely on them may not yield satisfactory returns [5][8]