Should You Buy Annexon Inc (ANNX) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/28
Buy now for a long-term position (starter entry at current levels). The trend is bullish (SMA_5 > SMA_20 > SMA_200) and price is sitting near the key pivot support (~6.395) in pre-market, which is a reasonable immediate entry for an impatient investor. Options positioning is constructive (puts not dominating), and Wall Street’s latest coverage/target changes skew strongly positive with multiple Buy/Overweight ratings and large upside targets.
**Intellectia Proprietary Trading Signals**
- [AI Stock Picker](module://ai_stock_pick): No signal on given stock today.
- [SwingMax](module://swingmax): No signal on given stock today.
Technical Analysis
Pre-market price is 6.43 (-2.13%). The primary technical backdrop remains bullish:
- Moving averages: Bullish alignment (SMA_5 > SMA_20 > SMA_200) supports an uptrend bias.
- MACD: Histogram 0.0476 above zero but positively contracting, suggesting upside momentum is still present but slowing (more “grind up” than “breakout”).
- RSI(6): 58.95 (neutral-to-slightly-bullish), not overbought.
- Levels: Pivot 6.395 is the near-term line in the sand; support S1 5.751; resistance R1 7.038 then R2 7.435.
- Pattern-based projection: Similar-pattern stats imply ~+3.68% over the next week and ~+1.31% over the next month (with roughly flat next-day expectation). Overall: trend favorable, entry near pivot support is acceptable for a long-term buyer.
Analyst Ratings and Price Target Trends
Recent rating/target trend is bullish overall with notable dispersion:
- 2025-12-23: Chardan initiated Buy, PT $16 (focus on C1q inhibitors’ commercial potential across multiple indications).
- 2025-11-19: Wells Fargo reiterated Overweight and raised PT to $27 from $14 (raised Phase 3 success probability to 55%, calling the setup asymmetric).
- 2025-11-16: BofA kept Buy but trimmed PT to $8 from $9 (model update post-Q3).
Wall Street pros view: Upside case is driven by high perceived pipeline optionality and favorable probability-weighted outcomes (Wells/Chardan). Cons view: target dispersion and the lower BofA PT highlight uncertainty around timelines/probabilities and how much to pay today for the pipeline.
Wall Street analysts forecast ANNX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ANNX is 14.71 USD with a low forecast of 8 USD and a high forecast of 27 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.
Wall Street analysts forecast ANNX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ANNX is 14.71 USD with a low forecast of 8 USD and a high forecast of 27 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.
Current: 6.290
Current: 6.290
