
Forte Biosciences (FBRX) Stock Forecast & Price Target
Forte Biosciences (FBRX) Analyst Ratings
Bulls say
Forte Biosciences Inc. is advancing its product candidate, FB-102, through preclinical trials, targeting potentially lucrative autoimmune indications such as graft-versus-host disease, vitiligo, alopecia areata, and type 1 diabetes. The success of PFE’s Litfulo, which has experienced 69% growth in total prescriptions for alopecia areata since its launch in June 2023, illustrates the significant market potential for therapeutic solutions in this segment. With various untapped markets and the expectation that CD122 could capture substantial market share as a first-line therapy, Forte Biosciences is positioned favorably for future growth, provided it sidesteps potential adverse effects associated with similar treatments.
Bears say
Forte Biosciences is facing significant challenges with its product candidate, FB-102, as the development of natural killer (NK) cells in the bone marrow appears to be failing, which could hinder T-cell proliferation and survival, ultimately impacting potential treatment efficacy for autoimmune diseases. Additionally, the Phase Ib study's design, characterized by a limited 2-week gluten challenge, has resulted in a lower than competitive placebo control for the variable assessed, casting doubt on the robustness of FB-102's clinical outcomes compared to industry competitors. The underlying biological issues related to gliadin-induced immune responses further complicate the company's outlook, as they may limit the ability of FB-102 to effectively address the inflammatory pathways involved in conditions such as graft-versus-host disease and type 1 diabetes.
This aggregate rating is based on analysts' research of Forte Biosciences and is not a guaranteed prediction by Public.com or investment advice.
Forte Biosciences (FBRX) Analyst Forecast & Price Prediction
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