
Lexicon Pharmaceuticals (LXRX) Stock Forecast & Price Target
Lexicon Pharmaceuticals (LXRX) Analyst Ratings
Bulls say
The favorable topline results from Lexicon Pharmaceuticals's Phase 2b clinical trial of pilavapadin (LX9211) demonstrate improved outcomes for patients with diabetic peripheral neuropathic pain, enhancing investor confidence in the company's pipeline. Interest from potential partners in pilavapadin underscores the substantial market opportunity, particularly with approximately 9 million individuals diagnosed with diabetic peripheral neuropathic pain in the U.S. Additionally, the prospect of higher market penetration for other treatment areas, alongside the advancement of earlier-stage drug candidate LX9851, highlights the significant growth potential for Lexicon Pharmaceuticals.
Bears say
Lexicon Pharmaceuticals Inc faces significant challenges due to disappointing results from clinical trials, particularly the failure of the 20 mg dose of its candidate in RELIEF DPN-1 to meet statistical significance, which has negatively impacted investor confidence. Furthermore, high dropout rates and tolerability issues at this dose raise concerns regarding the drug's viability, indicating instability in its development program. Additionally, potential risks include the inability to secure sufficient funding, which may hinder the progress of its drug candidates, as well as the likelihood of dilutive capital raises that could further impact shareholder value.
This aggregate rating is based on analysts' research of Lexicon Pharmaceuticals and is not a guaranteed prediction by Public.com or investment advice.
Lexicon Pharmaceuticals (LXRX) Analyst Forecast & Price Prediction
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