
Halozyme Therapeutics (HALO) Stock Forecast & Price Target
Halozyme Therapeutics (HALO) Analyst Ratings
Bulls say
Halozyme Therapeutics has demonstrated significant economic benefits with its ENHANZE technology, showcasing annual Medicare savings of approximately $29,000 per patient alongside a strong 89% patient preference for subcutaneous treatments, which underscores the cost-effectiveness and patient-centric nature of its offerings. The positive data from the PALOMA-3 study, revealing statistically significant improvements in overall survival and progression-free survival for its subcutaneous formulation compared to intravenous methods, highlights the therapeutic advantages that could lead to increased market adoption. Furthermore, the strategic acquisition of Elektrofi, alongside projected future royalty revenues and milestone payments, positions Halozyme for robust growth in the biopharmaceutical sector, reinforcing a favorable long-term outlook for the company.
Bears say
The negative outlook on Halozyme Therapeutics Inc. stems from several significant risks, including the commercial viability of its ENHANZE technology amid the rapidly evolving multiple myeloma market, as well as the potential failure to deliver favorable clinical data from ongoing programs. Additionally, there are concerns regarding partnership stability, particularly with Janssen, and the risk of long-term dilution for shareholders. Despite the potential for over $1 billion in royalties from multiple product launches by 2026, uncertainties surrounding these key factors weigh heavily on the company's financial stability and growth prospects.
This aggregate rating is based on analysts' research of Halozyme Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
Halozyme Therapeutics (HALO) Analyst Forecast & Price Prediction
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