
Editas Medicine (EDIT) Stock Forecast & Price Target
Editas Medicine (EDIT) Analyst Ratings
Bulls say
Editas Medicine Inc is positioned for long-term growth due to its innovative CRISPR/Cas9 genome editing platform, which has shown promising results in clinical applications. Notably, the company's autologous reni-cel (renizgamglogene autogedtemcel) for treating sickle-cell disease demonstrated superior outcomes, with increased fetal hemoglobin and total hemoglobin levels compared to competing therapies. Additionally, potential upside exists from other indications currently not included in the valuation assessment, further supporting a positive outlook for the company's future performance.
Bears say
Editas Medicine Inc. is facing challenges in its clinical-stage development, particularly concerning its gene editing therapies, where the perceived efficacy standards for in vivo therapies may hinder investor confidence. Despite the company's valuation being significantly below cash and past clinical successes with CRISPR-Cas systems, concerns remain regarding the long-term viability and revenue potential of its in vivo gene editing platform. The transition to in vivo therapies, while potentially less capital-intensive, does not entirely mitigate the risks associated with regulatory approval and market competition, contributing to a negative outlook on the stock.
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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