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Belite Bio - BLTE Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $44.83
  • Forecasted Upside: 29.20%
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 7 Buy Ratings
  • 0 Strong Buy Ratings
$34.70 As of 04/19/2024 01:00 PM ET
▲ +0.1 (0.29%)

This chart shows the closing price for BLTE by one month, three months, or twelve months.

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Analyst Price Target for BLTE

Analyst Price Target is $44.83
▲ +29.20% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Belite Bio in the last 3 months. The average price target is $44.83, with a high forecast of $60.00 and a low forecast of $25.00. The average price target represents a 29.20% upside from the last price of $34.70.

This chart shows the closing price for BLTE for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 7 investment analysts is to buy stock in Belite Bio. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 7 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/26/2022
  • 0 strong buy ratings
  • 7 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/24/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/24/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/23/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/21/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/19/2024
  • 0 strong buy ratings
  • 7 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/19/2024
  • 0 strong buy ratings
  • 7 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/18/2024

Latest Recommendations

  • 0 strong buy ratings
  • 7 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/22/2024HC WainwrightReiterated RatingBuy ➝ Buy$59.00Low
3/13/2024HC WainwrightReiterated RatingBuy ➝ Buy$59.00Low
12/27/2023HC WainwrightReiterated RatingBuy ➝ Buy$59.00Low
12/14/2023Maxim GroupInitiated CoverageBuy$60.00Low
11/15/2023HC WainwrightReiterated RatingBuy ➝ Buy$59.00Low
11/7/2023BenchmarkReiterated RatingBuy ➝ Buy$57.00Low
11/6/2023HC WainwrightBoost TargetBuy ➝ Buy$55.00 ➝ $59.00Low
8/10/2023HC WainwrightReiterated RatingBuy ➝ Buy$55.00Low
7/28/2023Cantor FitzgeraldInitiated CoverageOverweight$43.00Low
7/26/2023Leerink PartnrsReiterated RatingOutperformLow
7/26/2023SVB LeerinkReiterated RatingOutperform$25.00Low
7/26/2023SVB SecuritiesInitiated CoverageOutperform$25.00Low
7/25/2023BenchmarkReiterated RatingBuy ➝ Buy$57.00Low
7/25/2023HC WainwrightReiterated RatingBuy ➝ Buy$55.00Low
6/5/2023HC WainwrightLower Target$58.00 ➝ $55.00Low
4/4/2023HC WainwrightReiterated RatingBuy$58.00Low
4/4/2023BenchmarkReiterated RatingBuy$57.00Low
2/21/2023HC WainwrightReiterated RatingBuy$58.00Low
10/5/2022HC WainwrightReiterated RatingBuy$58.00Low
8/1/2022HC WainwrightInitiated CoverageBuy$58.00Low
7/1/2022BenchmarkInitiated CoverageBuy$57.00Low
(Data available from 4/19/2019 forward)

News Sentiment Rating

0.70 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2023
  • 7 very positive mentions
  • 3 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2023
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2023
  • 4 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/20/2024
  • 6 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/19/2024
  • 3 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/20/2024
  • 6 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
4/19/2024

Current Sentiment

  • 6 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Belite Bio logo
Belite Bio, Inc, a clinical stage biopharmaceutical drug development company, engages in the research and development of novel therapeutics targeting atrophic age-related macular degeneration and autosomal recessive stargardt diseases (STGD1). Its lead product candidate is LBS-008 (Tinlarebant), an orally administered, once-a-day tablet for maintaining the health and integrity of retinal tissues in STGD1 and GA patients. The company is also developing LBS-009, an anti-retinol binding protein 4 oral therapy targeting liver disease, including non-alcoholic fatty liver disease, nonalcoholic steatohepatitis, type 2 diabetes, and gout, which is in the preclinical development phase. Belite Bio, Inc was founded in 2016 and is based in San Diego, California. Belite Bio, Inc operates as a subsidiary of Lin Bioscience International Ltd.
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Today's Range

Now: $34.70
Low: $34.51
High: $35.10

50 Day Range

MA: $42.67
Low: $32.33
High: $48.01

52 Week Range

Now: $34.70
Low: $11.00
High: $48.60

Volume

7,160 shs

Average Volume

59,488 shs

Market Capitalization

$1.01 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Belite Bio?

The following Wall Street analysts have issued stock ratings on Belite Bio in the last twelve months: Benchmark Co., Cantor Fitzgerald, HC Wainwright, Leerink Partnrs, Maxim Group, SVB Leerink LLC, and SVB Securities.
View the latest analyst ratings for BLTE.

What is the current price target for Belite Bio?

6 Wall Street analysts have set twelve-month price targets for Belite Bio in the last year. Their average twelve-month price target is $44.83, suggesting a possible upside of 29.2%. Maxim Group has the highest price target set, predicting BLTE will reach $60.00 in the next twelve months. SVB Leerink LLC has the lowest price target set, forecasting a price of $25.00 for Belite Bio in the next year.
View the latest price targets for BLTE.

What is the current consensus analyst rating for Belite Bio?

Belite Bio currently has 7 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe BLTE will outperform the market and that investors should add to their positions of Belite Bio.
View the latest ratings for BLTE.

What other companies compete with Belite Bio?

Other companies that are similar to Belite Bio include MacroGenics, Liquidia, MannKind, Immunome and Centessa Pharmaceuticals. Learn More about companies similar to Belite Bio.

How do I contact Belite Bio's investor relations team?

The company's listed phone number is 858-246-6240 and its investor relations email address is [email protected]. The official website for Belite Bio is belitebio.com. Learn More about contacing Belite Bio investor relations.