
Syndax Pharmaceuticals (SNDX) Stock Forecast & Price Target
Syndax Pharmaceuticals (SNDX) Analyst Ratings
Bulls say
Syndax Pharmaceuticals Inc. is advancing its clinical-stage pipeline, particularly through its leading candidates, revumenib and axatilimab, both of which target significant cancer indications. The company benefits from a competitive edge, with revumenib being the first approved menin inhibitor for specific types of acute leukemias, bolstered by strong clinical data showing promising rates of complete response and minimal residual disease negativity, which could enhance treatment outcomes. The positive sentiment among physicians regarding frontline treatment options and the early commercial success of revumenib further indicate a robust potential for value expansion and sustained leadership in the oncology market.
Bears say
Syndax Pharmaceuticals Inc. experienced an approximate 8% decline in its stock price, primarily due to investor apprehensions surrounding an expanded boxed warning, which, while not deemed a significant hurdle to commercial success, still raises concerns. The company faces potential setbacks in achieving regulatory approval or encountering delays, which could adversely affect its financial standing and share value. Additionally, the inherent risks associated with clinical trials present uncertainties regarding the efficacy of its product candidates, with the possibility that current or future drugs may not meet efficacy benchmarks, further complicating the company's growth outlook.
This aggregate rating is based on analysts' research of Syndax Pharmaceuticals and is not a guaranteed prediction by Public.com or investment advice.
Syndax Pharmaceuticals (SNDX) Analyst Forecast & Price Prediction
Start investing in Syndax Pharmaceuticals (SNDX)
Order type
Buy in
Order amount
Est. shares
0 shares