
Rhythm Pharmaceuticals (RYTM) Stock Forecast & Price Target
Rhythm Pharmaceuticals (RYTM) Analyst Ratings
Bulls say
Rhythm Pharmaceuticals Inc. is poised for significant growth due to the anticipated positive results from the Phase 3 Hypothalamic Obesity trial scheduled for the first half of 2025, which could enhance the peak sales potential of its lead product, IMCIVREE (setmelanotide). The company's strong performance over the last two years, outperforming both the S&P 500 and the XBI, further supports a favorable outlook, as evidenced by reaching a two-year high of $67 in early November 2024. Additionally, the robust clinical data, including notable BMI reductions observed in patients during longer trials, underscores the potential for continued revenue growth from the company's targeted therapies for rare diseases.
Bears say
Rhythm Pharmaceuticals has incurred substantial losses and is projected to remain unprofitable for several years, raising concerns about the company's financial stability. The company faces multiple operational risks, including the potential failure of its lead product, setmelanotide, to deliver favorable Phase 3 clinical data, obtain regulatory approval for new indications, and achieve anticipated sales growth. Furthermore, recent feedback indicates that the expected performance of setmelanotide may lead to unfavorable market reactions, compounded by a negative trajectory in share performance compared to broader market indices.
This aggregate rating is based on analysts' research of Rhythm Pharmaceuticals and is not a guaranteed prediction by Public.com or investment advice.
Rhythm Pharmaceuticals (RYTM) Analyst Forecast & Price Prediction
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