
Inhibikase Therapeutics (IKT) Stock Forecast & Price Target
Inhibikase Therapeutics (IKT) Analyst Ratings
Bulls say
Inhibikase Therapeutics has demonstrated promising results with risvodetinib, showing statistically significant improvements in key efficacy measures such as a -1.41 point improvement in the MDS-UPDRS at 100mg and a +4% increase in the Schwab and England Activities of Daily Life Scale at 50mg. The company's advancements in the manufacturing process and the FDA's endorsement of its Phase 2 trial design for IkT-001 Pro, which is seen as having a potentially superior safety profile compared to imatinib, further strengthen its growth potential. Additionally, receiving IND-clearance from the FDA for the Phase 2b trial of IkT-001 Pro in pulmonary arterial hypertension (PAH) signals regulatory confidence and marks a significant milestone in its clinical development trajectory.
Bears say
Inhibikase Therapeutics has received a downgrade in its stock rating due to the decision to halt further development of risvodetinib, a key therapeutic candidate targeting Parkinson's disease. This pause in development followed results from the Phase 2 201 trial, where the company reported a total of 49 adverse events, which raises concerns about the drug's safety profile. Additionally, recent financial adjustments include a significant reduction in the price target due to anticipated dilution from a capital raise, reflecting an overall negative outlook for the company's prospects.
This aggregate rating is based on analysts' research of Inhibikase Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
Inhibikase Therapeutics (IKT) Analyst Forecast & Price Prediction
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