Why Did Arcellx Plunge 10.75% Amid Market Volatility?

On April 3, 2025, Arcellx's stock experienced a significant drop of 10.75% in pre-market trading, raising concerns among investors about the company's recent performance and future prospects.

Arcellx, Inc. has been under scrutiny due to recent market movements. The company's stock has seen notable fluctuations, which have led to varied opinions among analysts. Some analysts maintain a "Buy" rating, while others are more cautious, reflecting the mixed sentiment surrounding the stock.

Despite the recent volatility, Arcellx's stock has a median price target of $135 per share, suggesting a potential 42% upside from its current price. This optimistic outlook is supported by expectations of a 24% increase in earnings for 2025, indicating that the company's fundamentals remain strong.