
Amicus Therapeutics (FOLD) Stock Forecast & Price Target
Amicus Therapeutics (FOLD) Analyst Ratings
Bulls say
Amicus Therapeutics has demonstrated a strong performance in its product offerings, notably with Galafold, which continues to achieve double-digit year-over-year sales growth even after nearly a decade on the market. The company's expectations for the addressable Fabry market highlight potential for ongoing expansion, driven by advancements in diagnostic testing facilitated by artificial intelligence and machine learning. Furthermore, positive clinical trial results for products like Atacicept and sparsentan, which has shown superior proteinuria reduction, bolster the company's innovative pipeline, suggesting a strong future for its rare disease therapies.
Bears say
Amicus Therapeutics Inc. faces a negative outlook primarily due to the disappointing clinical results related to its candidate medication, sparsentan, which failed to meet the primary endpoint of change in eGFR slope in the DUPLEX trial. Furthermore, the company's projections appear overly optimistic regarding its potential benefit for FSGS patients, particularly those with high MCP-1 levels associated with deteriorating kidney function. Despite a significant total addressable market for FSGS, the inability to demonstrate clinical efficacy raises concerns about the product's future prospects and overall investor confidence.
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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