
Amicus Therapeutics (FOLD) Stock Forecast & Price Target
Amicus Therapeutics (FOLD) Analyst Ratings
Bulls say
Amicus Therapeutics Inc. has demonstrated robust growth, with Galafold sales experiencing double-digit year-over-year increases, an indicator of sustained demand and market confidence. The company anticipates further expansion in the addressable Fabry market due to advancements in diagnostic testing supported by AI and machine learning, which could enhance patient identification and treatment access. Additionally, promising results for both Atacicept in IgA nephropathy and sparsentan's efficacy in reducing proteinuria reinforce the company's strong position in developing innovative therapies for rare diseases, contributing to a positive long-term outlook.
Bears say
Amicus Therapeutics's stock exhibits a negative outlook primarily due to the disappointing clinical trial results for its product sparsentan, which failed to meet its primary endpoint of change in eGFR slope at week 108 in the DUPLEX trial. Additionally, despite the sizable total addressable market (TAM) of approximately 40,000 FSGS patients in the U.S., concerns arise about the limited therapeutic benefit of sparsentan for patients with high MCP-1 levels, which are linked to worsening kidney function and proteinuria. The combination of these factors has led to a reevaluation of the company's stock status, resulting in a downgrade to Hold.
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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