Grail Inc stock rises as it crosses above key SMA
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 12 Jan 26
Source: NASDAQ.COM
Grail Inc's stock price increased by 5.02% as it crossed above its 5-day SMA, indicating positive momentum in the market.
The rise in Grail Inc's stock is attributed to broad market strength, with both the Nasdaq-100 and S&P 500 showing gains of 0.18% and 0.19%, respectively. This positive market environment has likely contributed to investor confidence in Grail Inc, leading to the stock's upward movement.
As Grail Inc continues to perform well in this favorable market context, investors may look for further developments that could sustain this momentum.
Analyst Views on GRAL
Wall Street analysts forecast GRAL stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for GRAL is 60.86 USD with a low forecast of 38.00 USD and a high forecast of 83.71 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
1 Buy
2 Hold
0 Sell
Moderate Buy
Current: 105.420
Low
38.00
Averages
60.86
High
83.71
Current: 105.420
Low
38.00
Averages
60.86
High
83.71
About GRAL
Grail, Inc. is a healthcare company focused on saving lives and shifting the paradigm in early cancer detection. The Company is focused on alleviating the global burden of cancer by using sequencing, population-scale clinical studies, and machine learning, software, and automation to detect and identify multiple deadly cancer types in earlier stages. Its targeted methylation-based platform can support the continuum of care for screening and precision oncology, including multi-cancer early detection in symptomatic patients, risk stratification, minimal residual disease detection, biomarker subtyping, treatment and recurrence monitoring. Its multi-cancer early detection test, the Galleri test, is a commercially available screening test for early detection of multiple types of cancer. The Galleri test can be used to screen for cancer before a person becomes symptomatic, when cancer may be more easily treated and potentially curable. The Galleri test can indicate the origin of the cancer.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
