Several brokerages have updated their recommendations and price targets on shares of Clearside Biomedical (NASDAQ: CLSD) in the last few weeks:
- 5/17/2025 – Clearside Biomedical was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
- 5/16/2025 – Clearside Biomedical had its “market outperform” rating reaffirmed by analysts at JMP Securities. They now have a $5.00 price target on the stock.
- 5/15/2025 – Clearside Biomedical had its price target lowered by analysts at Needham & Company LLC from $4.00 to $3.00. They now have a “buy” rating on the stock.
- 5/9/2025 – Clearside Biomedical was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
- 4/25/2025 – Clearside Biomedical was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
- 4/8/2025 – Clearside Biomedical had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $4.00 price target on the stock.
- 3/31/2025 – Clearside Biomedical had its “buy” rating reaffirmed by analysts at HC Wainwright. They now have a $6.00 price target on the stock.
- 3/28/2025 – Clearside Biomedical had its “buy” rating reaffirmed by analysts at Chardan Capital. They now have a $6.00 price target on the stock.
- 3/28/2025 – Clearside Biomedical had its price target lowered by analysts at Needham & Company LLC from $6.00 to $4.00. They now have a “buy” rating on the stock.
Clearside Biomedical Stock Performance
Shares of Clearside Biomedical stock traded up $0.01 on Monday, hitting $0.89. The company’s stock had a trading volume of 153,121 shares, compared to its average volume of 183,184. Clearside Biomedical, Inc. has a 1 year low of $0.70 and a 1 year high of $1.65. The firm has a fifty day moving average price of $0.88 and a 200-day moving average price of $0.95. The company has a market capitalization of $68.62 million, a price-to-earnings ratio of -1.97 and a beta of 2.11.
Clearside Biomedical (NASDAQ:CLSD – Get Free Report) last issued its earnings results on Wednesday, May 14th. The company reported ($0.11) earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.01. The company had revenue of $2.33 million for the quarter, compared to analyst estimates of $0.20 million. As a group, analysts forecast that Clearside Biomedical, Inc. will post -0.48 EPS for the current year.
Institutional Inflows and Outflows
Clearside Biomedical, Inc, a biopharmaceutical company, focuses on the revolutionizing the delivery of therapies to the back of the eye through the suprachoroidal space. It offers XIPERE, a triamcinolone acetonide suprachoroidal injectable suspension for the treatment of uveitis macular edema. It also develops CLS-AX, an axitinib injectable suspension for suprachoroidal injection, which is in Phase IIb clinical trial to treat wet AMD.
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