Analyst Price Target is $35.50
▲ +44.37% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Revolution Medicines in the last 3 months. The average price target is $35.50, with a high forecast of $47.00 and a low forecast of $23.00. The average price target represents a 44.37% upside from the last price of $24.59.
Current Consensus is
The current consensus among 8 investment analysts is to moderate buy stock in Revolution Medicines. This Moderate Buy consensus rating has held steady for over two years.
Revolution Medicines, Inc., a clinical-stage oncology company, developing novel targeted therapies for RAS-addicted cancers. The company's research and development pipeline comprises RAS(ON) Inhibitors designed to suppress oncogenic variants of RAS proteins, and RAS Companion Inhibitors for use in combination treatment strategies. The company's RAS(ON) Inhibitors RMC-6236 (RASMULTI), RMC-6291 (RASG12C), and RMC-9805 (RASG12D) are in clinical development. Its additional RAS(ON) Inhibitors in its pipeline include RMC-5127 (G12V), RMC-0708 (Q61H), and RMC-8839 (G13C), which are in IND-enabling development, and additional compounds targeting other RAS variants. The company has a collaboration agreement with Sanofi for the research and development of SHP2 inhibitors, including RMC-4630. Revolution Medicines, Inc. was incorporated in 2014 and is headquartered in Redwood City, California.