A share price of Nuvalent Inc [NUVL] is currently trading at $77.01, up 3.40%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NUVL shares have gain 8.36% over the last week, with a monthly amount drifted -5.21%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Nuvalent Inc [NASDAQ: NUVL] stock has seen the most recent analyst activity on March 14, 2025, when UBS upgraded its rating to a Buy but kept the price target unchanged to $100 for it. Previously, H.C. Wainwright started tracking the stock with Buy rating on December 30, 2024, and set its price target to $110. On October 24, 2024, UBS initiated with a Neutral rating and assigned a price target of $100 on the stock. Barclays started tracking the stock assigning a Overweight rating and suggested a price target of $100 on August 29, 2024. Jefferies initiated its recommendation with a Buy and recommended $97 as its price target on April 17, 2024. Leerink Partners upgraded its rating to Outperform for this stock on April 01, 2024, and upped its price target to $110.
Nuvalent Inc experienced fluctuations in its stock price throughout the past year between $61.79 and $113.51. Currently, Wall Street analysts expect the stock to reach $117 within the next 12 months. Nuvalent Inc [NASDAQ: NUVL] shares were valued at $77.01 at the most recent close of the market. An investor can expect a potential return of 51.93% based on the average NUVL price forecast.
Analyzing the NUVL fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -0.23, Equity is -0.3 and Total Capital is -0.26.
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 75.93 points at the first support level, and at 74.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 78.16, and for the 2nd resistance point, it is at 79.31.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Nuvalent Inc [NASDAQ:NUVL] is 20.96. Also, the Quick Ratio is 20.96, while the Cash Ratio stands at 2.7.
Transactions by insiders
Recent insider trading involved Noci Darlene, Chief Development Officer, that happened on Mar 06 ’25 when 30000.0 shares were sold. Chief Development Officer, Noci Darlene completed a deal on Mar 07 ’25 to sell 4000.0 shares. Meanwhile, Officer Darlene Noci bought 46000.0 shares on Mar 06 ’25.
