Analyst Price Target is $33.79
▲ +51.10% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Corcept Therapeutics in the last 3 months. The average price target is $33.79, with a high forecast of $47.50 and a low forecast of $25.00. The average price target represents a 51.10% upside from the last price of $22.36.
Current Consensus is
The current consensus among 6 investment analysts is to moderate buy stock in Corcept Therapeutics. This Moderate Buy consensus rating has held steady for over two years.
Corcept Therapeutics Incorporated engages in discovery and development of drugs for the treatment of severe metabolic, oncologic, endocrine, and neurological disorders in the United States. It offers Korlym (mifepristone) tablets as a once-daily oral medication for the treatment of hyperglycemia secondary to hypercortisolism in adult patients with endogenous Cushing's syndrome, who have type 2 diabetes mellitus or glucose intolerance, and have failed surgery or are not candidates for surgery. The company is developing relacorilant to treat patients with Cushing's syndrome; and nab-paclitaxel in combination with relacorilant, which has completed Phase II clinical trial to treat patients with advanced ovarian tumors, as well as for the treatment of cortisol excess. It is also developing selective cortisol modulator to treat patients with metastatic castration-resistant prostate cancer; selective cortisol modulator for the treatment of antipsychotic-induced weight gain and other disorders; and FKBP5 gene expression assays. The company was incorporated in 1998 and is headquartered in Menlo Park, California.