
Halozyme Therapeutics (HALO) Stock Forecast & Price Target
Halozyme Therapeutics (HALO) Analyst Ratings
Bulls say
Halozyme Therapeutics Inc. demonstrates a strong financial outlook due to its innovative ENHANZE technology, which has shown substantial cost savings of approximately $29,000 per patient in Medicare expenses, coupled with a high patient preference rate exceeding 89% for subcutaneous treatments. The compelling clinical data from the PALOMA-3 study indicates statistically significant improvements in overall and progression-free survival for subcutaneous versus intravenous therapies, enhancing the company's competitive edge in oncology. Additionally, the acquisition of Elektrofi, Inc. bolsters Halozyme's product pipeline with advanced formulation technologies, setting the stage for significant royalty revenues and milestone payments projected to commence in 2030, which could potentially drive long-term growth and investor confidence.
Bears say
Halozyme Therapeutics faces significant commercial risks, particularly concerning its ENHANZE product in the competitive and evolving multiple myeloma market. The company is also exposed to potential failures in generating favorable clinical data from ongoing programs and risks associated with its partnership with Janssen, which may impact its strategic direction and revenue potential. Additionally, long-term dilution risks may further undermine investor confidence and stock performance, despite the near-term revenue opportunities presented by recent product launches.
This aggregate rating is based on analysts' research of Halozyme Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
Halozyme Therapeutics (HALO) Analyst Forecast & Price Prediction
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