
Amicus Therapeutics (FOLD) Stock Forecast & Price Target
Amicus Therapeutics (FOLD) Analyst Ratings
Bulls say
Amicus Therapeutics Inc. has shown strong performance with Galafold, which continues to experience double-digit year-over-year sales growth, indicating robust market demand and product acceptance. The expectation for the addressable Fabry market to expand over time, driven by advancements in diagnostic testing through AI and machine learning, suggests a favorable outlook for future revenue streams. Additionally, promising results from Atacicept in treating IgAN further enhance the company's pipeline potential, underpinning a positive long-term investment thesis for Amicus Therapeutics.
Bears say
Amicus Therapeutics Inc's stock outlook is weighed down by concerns regarding the effectiveness of its pipeline candidate, sparsentan, in treating FSGS patients with inflammation-driven disease, as it is anticipated to provide little benefit in cases associated with high MCP-1 levels, which are linked to deteriorating kidney function. Despite the sizeable total addressable market of approximately 40,000 patients in the U.S. for FSGS, the lack of FDA-approved therapies in this space does not alleviate concerns regarding the anticipated clinical performance of sparsentan. Consequently, the combination of these factors raises significant doubts about the company's potential to capitalize on existing opportunities in the rare disease market, adversely impacting investor sentiment.
This aggregate rating is based on analysts' research of Amicus Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
Amicus Therapeutics (FOLD) Analyst Forecast & Price Prediction
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