Scilex Holding Company (SCLX, Financial) has announced a modification to the previously declared record date for distributing its preferred stock dividend. Originally set for April 11, 2025, the new record date is now May 2, 2025. This adjustment applies to Scilex's stockholders and certain other securityholders.
While the payment will occur after the revised record date, the exact distribution date remains undetermined. It will be finalized within a 60-day period following May 2, 2025, contingent on upcoming resolutions by the Board of Directors. The board retains the authority to alter the new record date if necessary.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Scilex Holding Co (SCLX, Financial) is $317.92 with a high estimate of $490.00 and a low estimate of $218.75. The average target implies an upside of 6,664.18% from the current price of $4.70. More detailed estimate data can be found on the Scilex Holding Co (SCLX) Forecast page.
Based on the consensus recommendation from 3 brokerage firms, Scilex Holding Co's (SCLX, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
