
Ovid Therapeutics (OVID) Stock Forecast & Price Target
Ovid Therapeutics (OVID) Analyst Ratings
Bulls say
Ovid Therapeutics Inc. has recently seen an increase in the probability of approval for its drug candidate OV329, raised from 10% to 20%, which is supported by promising initial clinical data showcasing robust safety and tolerability. Additionally, OV350 has demonstrated favorable results in Phase 1 trials, enhancing the company's KCC2 inhibitor portfolio and supporting ongoing development efforts. The overall pipeline of potential first-in-class and best-in-class therapies solidifies Ovid's position in addressing rare epilepsies, indicating a strong potential for future clinical success and positive financial outcomes.
Bears say
The financial outlook for Ovid Therapeutics Inc. is marked by a declining forecast of net losses, with estimates showing a projected loss of $0.49 per share for 2025 and $0.35 per share for 2026, reflecting ongoing financial challenges. The use of an 11% discount rate and 2% terminal decline suggests concerns about the sustainability of revenues due to potential generic competition within its targeted niche markets. Furthermore, significant risks accompany the company's pipeline, including setbacks with key candidates, potential delays in clinical development, and negative safety findings, all of which could further jeopardize Ovid's financial stability.
This aggregate rating is based on analysts' research of Ovid Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
Ovid Therapeutics (OVID) Analyst Forecast & Price Prediction
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