
Krystal Biotech (KRYS) Stock Forecast & Price Target
Krystal Biotech (KRYS) Analyst Ratings
Bulls say
Krystal Biotech Inc. has reported a notable $91.1 million in net revenue from its product Vyjuvek for the third quarter of FY24, indicating a 9% increase from the previous year and aligning with full-year projections of $290.5 million. The company continues to enhance its competitive position in the market with successful preclinical data for its inhaled KB707 therapy, as well as promising developments related to Medicaid and commercial insurance coverage approvals for over 97% of covered lives. Furthermore, the potential implementation of a share repurchase program highlights Krystal's commitment to enhancing shareholder value, facilitated by its disciplined operating expense management and the anticipated expansion of Vyjuvek's market reach.
Bears say
Krystal Biotech has recently displayed a concerning trend with new reimbursement approvals, which are projected to decline from 70 in Q2 2024 to 50 in Q4 2024, indicating potential challenges in revenue generation. The company’s ability to advance its gene therapies could also be hindered by inherent risks such as failed clinical trials, funding issues, and manufacturing complexities, which may delay product development and commercialization. Furthermore, the competitive landscape may restrict patient recruitment due to the rarity of the disease, compounding the challenges Krystal faces in achieving its financial objectives.
This aggregate rating is based on analysts' research of Krystal Biotech and is not a guaranteed prediction by Public.com or investment advice.
Krystal Biotech (KRYS) Analyst Forecast & Price Prediction
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