Sensei Biotherapeutics Inc (SNSE) stock expected to rise by 937.74%: What’s driving the optimism?

At the time of writing, Sensei Biotherapeutics Inc [SNSE] stock is trading at $0.53, up 3.49%. An important factor to consider is whether the stock is rising or falling in short-term value. The SNSE shares have gain 5.03% over the last week, with a monthly amount glided 12.85%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Sensei Biotherapeutics Inc [NASDAQ: SNSE] stock has seen the most recent analyst activity on May 14, 2024, when Stephens initiated its Overweight rating and assigned the stock a price target of $5. Previously, Berenberg downgraded its rating to Hold on July 01, 2021, and kept the price target unchanged to $12. On June 29, 2021, downgrade downgraded it’s rating to Perform and revised its price target to $14 on the stock. Piper Sandler started tracking the stock assigning a Overweight rating and suggested a price target of $25 on March 01, 2021. Oppenheimer initiated its recommendation with a Outperform and recommended $36 as its price target on March 01, 2021. Citigroup started tracking with a Buy rating for this stock on March 01, 2021, and assigned it a price target of $30. In a note dated March 01, 2021, Berenberg initiated an Buy rating and provided a target price of $27 on this stock.

For the past year, the stock price of Sensei Biotherapeutics Inc fluctuated between $0.38 and $1.94. Currently, Wall Street analysts expect the stock to reach $5.5 within the next 12 months. Sensei Biotherapeutics Inc [NASDAQ: SNSE] shares were valued at $0.53 at the most recent close of the market. An investor can expect a potential return of 937.74% based on the average SNSE price forecast.

Analyzing the SNSE fundamentals

Gross Profit Margin for this corporation currently stands at 0.86% with Operating Profit Margin at -11.41%, Pretax Profit Margin comes in at -10.47%, and Net Profit Margin reading is -10.47%. To continue investigating profitability, this company’s Return on Assets is posted at -0.56, Equity is -0.54 and Total Capital is -0.68.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.4782 points at the first support level, and at 0.4259 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.5646, and for the 2nd resistance point, it is at 0.5987.

Ratios To Look Out For

It is important to note that Sensei Biotherapeutics Inc [NASDAQ:SNSE] has a current ratio of 8.84. On the other hand, the Quick Ratio is 8.84, and the Cash Ratio is 3.52.

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