
Adverum Biotechnologies (ADVM) Stock Forecast & Price Target
Adverum Biotechnologies (ADVM) Analyst Ratings
Bulls say
Adverum Biotechnologies has demonstrated a strong potential for its gene therapy candidate, ixoberogene soroparvovec (Ixo-vec), which showcased impressive results in the Phase 2 LUNA trial, indicating an 88% reduction in treatment burden and 54% injection freedom for the 6E10 dosing group. Furthermore, a notable 75% of patients required only one injection, supported by durable results from the four-year OPTIC trial, highlighting the therapy's long-term effectiveness. The company benefits from a differentiated injection durability profile coupled with reliable safety and inflammation management, contributing to a positive outlook for its stock.
Bears say
Adverum Biotechnologies Inc faces significant risks that contribute to a negative outlook on its stock, primarily stemming from the potential failure of its developmental candidates to meet peak commercial revenue projections, which could be affected by market size, penetration rates, and pricing strategies. Additionally, the company may struggle to secure the necessary capital resources to support its ongoing operations, further hampering its ability to advance its product pipeline. Continued program development and commercialization are also at risk, compounding the uncertainties surrounding the company's financial viability and future growth prospects.
This aggregate rating is based on analysts' research of Adverum Biotechnologies and is not a guaranteed prediction by Public.com or investment advice.
Adverum Biotechnologies (ADVM) Analyst Forecast & Price Prediction
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