How Much Upside is Left in Alto Neuroscience, Inc. (ANRO)? Wall Street Analysts Think 61.99%

Core Viewpoint - Alto Neuroscience, Inc. (ANRO) has shown a significant price increase of 104.8% over the past four weeks, with a mean price target of $18.71 indicating a potential upside of 62% from the current trading price of $11.55 [1] Price Targets and Analyst Estimates - The mean estimate consists of seven short-term price targets with a standard deviation of $13.95, where the lowest estimate is $10.00 (indicating a 13.4% decline) and the highest estimate is $50.00 (indicating a potential surge of 332.9%) [2] - A low standard deviation among price targets suggests a high degree of agreement among analysts regarding the stock's price movement, which can serve as a starting point for further research [9] Earnings Estimates and Analyst Optimism - Analysts have shown growing optimism regarding ANRO's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which correlates strongly with near-term stock price movements [11] - The Zacks Consensus Estimate for the current year has increased by 5% over the past month, with three estimates revised higher and no negative revisions [12] Zacks Rank and Investment Potential - ANRO currently holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, which indicates a strong potential for upside in the near term [13] - While the consensus price target may not be a reliable indicator of the extent of potential gains, it does provide a useful guide for the direction of price movement [14]