
Puma Biotechnology (PBYI) Stock Forecast & Price Target
Puma Biotechnology (PBYI) Analyst Ratings
Bulls say
Puma Biotechnology Inc. demonstrated a positive performance in 4Q24, with net sales of NERLYNX exceeding previous guidance and showing a significant increase in the total number of bottles sold compared to both 4Q23 and 3Q24. The company reported a reduction in selling, general, and administrative (SG&A) expenses, which fell to $16.6 million from $20.2 million year-over-year, indicating enhanced cost management. Additionally, encouraging clinical data for alisertib and a strategic recommendation to expand patient enrollment in trials highlight the potential for future growth in both sales and clinical outcomes.
Bears say
Puma Biotechnology Inc. has revised its revenue projections for 2025 downward, estimating $216.4 million instead of the previously anticipated $232.7 million, alongside a decrease in non-GAAP diluted EPS forecast from $0.74 to $0.43. The company's fourth-quarter 2024 Nerlynx sales show minimal increase year-over-year at $54.4 million, but this figure reflects a decline from $56.1 million in the preceding quarter, signaling potential stagnation in sales momentum. Additionally, a 7% quarter-over-quarter drop in new prescriptions highlights challenges in maintaining and growing its customer base, casting further uncertainty on future revenue performance.
This aggregate rating is based on analysts' research of Puma Biotechnology and is not a guaranteed prediction by Public.com or investment advice.
Puma Biotechnology (PBYI) Analyst Forecast & Price Prediction
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