
AEON Stock Forecast & Price Target
AEON Analyst Ratings
Bulls say
AEON Biopharma has achieved notable milestones, including obtaining regulatory approvals for its botulinum toxin complex ABP-450 in India and Mexico, which positions the company favorably within the international healthcare market. A significant gain of $161.2 million related to changes in the fair value of contingent consideration liabilities underscores the company's strong financial maneuvering and management efficiency. Additionally, successful alignment with the FDA on biosimilar pathway requirements suggests a reduced risk for clinical studies, enhancing the potential for ABP-450's successful market entry and supporting a positive long-term outlook for the company.
Bears say
AEON Biopharma Inc. experienced significant declines in both research and development (R&D) and general and administrative (G&A) expenses, with R&D expenditures dropping 50.8% year-over-year to $4.4 million, indicating potentially reduced investment in critical clinical development. The company reported a loss per share of $0.11 for the second quarter of 2023, highlighting ongoing financial challenges. Additionally, fundamental risks include reliance on a single, unapproved product, potential failure in clinical trials, competition from larger firms, dependency on a third-party manufacturer, and the necessity for further funding, which collectively contribute to a negative outlook for the stock.
This aggregate rating is based on analysts' research of AEON Biopharma Inc and is not a guaranteed prediction by Public.com or investment advice.
AEON Analyst Forecast & Price Prediction
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