
Amicus Therapeutics (FOLD) Stock Forecast & Price Target
Amicus Therapeutics (FOLD) Analyst Ratings
Bulls say
Amicus Therapeutics Inc. has demonstrated a robust performance with Galafold, which continues to experience double-digit year-over-year sales growth even after approximately ten years in the market. The company is well-positioned for future growth in the Fabry disease market, as advancements in diagnostic testing powered by AI and machine learning are expected to expand the addressable market. Additionally, promising clinical results from Atacicept and sparsentan in treating rare diseases indicate a strong potential for further product development and revenue generation within the company’s diverse pipeline.
Bears say
The financial outlook for Amicus Therapeutics appears negative due to the failure of its drug sparsentan to meet the primary endpoint of change in eGFR slope at week 108 in the DUPLEX trial, which raises concerns about its effectiveness in treating FSGS patients. Additionally, the company's focus on addressing high MCP-1 levels, which correlate with worsening kidney function and proteinuria, suggests that its therapeutic approach may not adequately address the underlying issues in a significant patient population. Despite the potential market opportunity presented by the large, untapped total addressable market for FSGS, the observed clinical setbacks and investor skepticism could hinder the company's ability to secure necessary funding and market confidence moving forward.
This aggregate rating is based on analysts' research of Amicus Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
Amicus Therapeutics (FOLD) Analyst Forecast & Price Prediction
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