SGEN - Seagen - Stock Forecast

Healthcare - Sector
Coverage Profile Stock analysts Price Targets & Ratings Chart Insider Trading

SGEN is currently covered by 18 analysts with an average price target of $241.52. This is a potential upside of $12.64 (5.52%) from yesterday's end of day stock price of $228.88.

Seagen's activity chart (see below) currently has 321 price targets and 216 ratings on display. The stock rating distribution of SGEN is 65.79% BUY and 34.21% HOLD.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 87.75% with an average time for these price targets to be met of 129.48 days.

Highest price target for SGEN is $216, Lowest price target is $131, average price target is $241.52.

Most recent stock forecast was given by ASTHIKA GOONEWARDENE from TRUIST on 18-Oct-2023. First documented stock forecast 31-Oct-2014.

What is Seagen?

Seagen  is a biotechnology company that specializes in the development and commercialization of innovative cancer treatments. The company’s primary revenue channel is from the sales of its oncology products, including ADCETRIS® (brentuximab vedotin), PADCEV® (enfortumab vedotin-ejfv), and TUKYSA® (tucatinib), among others.

Products

ADCETRIS is an antibody-drug conjugate that targets CD30-expressing lymphomas, including Hodgkin lymphoma and systemic anaplastic large cell lymphoma.

PADCEV is an antibody-drug conjugate that targets Nectin-4-expressing solid tumors, including bladder and urothelial cancers.

TUKYSA is a small molecule kinase inhibitor that targets HER2-expressing cancers, including breast cancer.

Other revenue channels

Seagen also generates revenue through collaborations and partnerships with other pharmaceutical and biotech companies.

For example, the company has partnerships with Genmab A/S, Bristol Myers Squibb, and Astellas Pharma, among others, for the development and commercialization of new cancer therapies.

Seagen Inc. also generates revenue through its manufacturing capabilities. The company has manufacturing facilities in Bothell, Washington, and Switzerland, which are used to produce its own products, as well as products for its partners.

History

Seagen’s headquarters is in Bothell, Washington. It was formerly known as Seattle Genetics, Inc. and changed its name to Seagen Inc. in October 2020.

Currently out of the existing stock ratings of SGEN, 25 are a BUY (65.79%), 13 are a HOLD (34.21%).

Analyst name

Rating

Current price target

Potential Upside

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Hold

$229

$0.26 (0.11%)

$229

1 years 2 months 7 days ago
(18-Oct-2023)

1/4 (25%)

$14.15 (6.59%)

45

Hold

$229

$0.26 (0.11%)

$173

1 years 4 months 22 days ago
(03-Aug-2023)

17/19 (89.47%)

$35.5 (18.35%)

135

Hold

$170

$-58.74 (-25.68%)

$170

1 years 9 months 1 days ago
(24-Mar-2023)

2/3 (66.67%)

$-27.64 (-13.99%)

121

Hold

$229

$0.26 (0.11%)

$170

1 years 9 months 1 days ago
(24-Mar-2023)

1/2 (50%)

$31.36 (15.87%)

33

Hold

$229

$0.26 (0.11%)

$163

1 years 9 months 4 days ago
(21-Mar-2023)

6/7 (85.71%)

$29.09 (14.55%)

125

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What is SGEN (Seagen) average time for price targets to be met?

On average it took 129.48 days on average for the stock forecasts to be realized with a an average price target met ratio 87.75

Which analyst has the current highest performing score on SGEN (Seagen) with a proven track record?

JAY OLSON

Which analyst has the most public recommendations on SGEN (Seagen)?

Jay Olson works at OPPENHEIMER and has 6 price targets and 5 ratings on SGEN

Which analyst is the currently most bullish on SGEN (Seagen)?

Asthika Goonewardene with highest potential upside - $0.26

Which analyst is the currently most reserved on SGEN (Seagen)?

Edward Tenthoff with lowest potential downside - -$180.74

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