
Editas Medicine (EDIT) Stock Forecast & Price Target
Editas Medicine (EDIT) Analyst Ratings
Bulls say
Editas Medicine Inc demonstrates a promising long-term growth potential due to its innovative genome editing platform utilizing CRISPR/Cas9 technology. Recent advancements, particularly with autologous reni-cel for sickle-cell disease, show significant efficacy in increasing fetal hemoglobin levels compared to current treatments, suggesting a strong competitive edge in the market. Moreover, while additional indications are not included in the current valuation, their successful development could provide substantial upside, enhancing the financial outlook for the company.
Bears say
Editas Medicine Inc. is currently experiencing challenges related to market perceptions of its in vivo gene editing platform, which is viewed as undervalued despite the company's historical clinical successes. Concerns arise from the lower efficacy expectations for in vivo therapies compared to ex vivo therapies, particularly regarding biomarker and symptomatic efficacy due to the absence of myeloablative conditioning. Additionally, while the company's stock is trading significantly below cash and the transition to in vivo therapies is anticipated to be less capital-intensive, these factors have not alleviated the negative outlook on the company’s financial prospects.
This aggregate rating is based on analysts' research of Editas Medicine and is not a guaranteed prediction by Public.com or investment advice.
Editas Medicine (EDIT) Analyst Forecast & Price Prediction
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