CochLear (OTCMKTS:CHEOY) Shares Gap Down – Here’s Why

Posted by on Jul 22nd, 2026

CochLear Ltd. Unsponsored ADR (OTCMKTS:CHEOY – Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $41.53, but opened at $39.47. CochLear shares last traded at $37.86, with a volume of 3,410 shares traded.

Wall Street Analysts Forecast Growth

CHEOY has been the topic of several recent research reports. Zacks Research raised CochLear from a “strong sell” rating to a “hold” rating in a research report on Monday, June 22nd. Jefferies Financial Group lowered shares of CochLear to a “hold” rating in a research note on Wednesday. Royal Bank Of Canada downgraded shares of CochLear from an “outperform” rating to a “sector perform” rating and set a $117.00 target price for the company. in a research note on Thursday, July 16th. Finally, UBS Group lowered shares of CochLear from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $117.00.

Read Our Latest Research Report on CHEOY

CochLear Stock Performance

The stock has a 50-day moving average price of $38.46 and a 200-day moving average price of $57.93.

CochLear Company Profile

(Get Free Report)

Cochlear Limited provides implantable hearing solutions for children and adults worldwide. It offers cochlear implant systems, sound processor upgrades, bone conduction systems, accessories, and other products. Cochlear Limited was founded in 1981 and is headquartered in Sydney, Australia.

Read More

Receive News & Ratings for CochLear Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CochLear and related companies with MarketBeat.com's FREE daily email newsletter.