
Syndax Pharmaceuticals (SNDX) Stock Forecast & Price Target
Syndax Pharmaceuticals (SNDX) Analyst Ratings
Bulls say
Syndax Pharmaceuticals Inc. has demonstrated a strong positive outlook due to increased hematopoietic stem cell transplantation (HSCT) conversion rates resulting from earlier-line use of therapies, from 23 percent to approximately 33 percent in practice. The company's leading product candidates, revumenib and axatilimab, are supported by promising real-world adoption and early combination data that indicates high complete response (CR) and minimal residual disease (MRD) negative rates, creating a robust foundation for their use in more durable targeted treatment models. As the company prepares for additional pivotal data releases and regulatory actions by 2025, the anticipated acceleration in therapy adoption and promising trial results are expected to drive significant value expansion for Syndax Pharmaceuticals.
Bears say
Syndax Pharmaceuticals has consistently reported operating losses since its inception, raising concerns about its potential to achieve profitability in the foreseeable future. Recent investor reactions, including an approximately 8% decline in share value due to fears surrounding expanded boxed warnings, highlight the market's sensitivity to regulatory hurdles and toxicity issues related to its therapeutic candidates. Additionally, challenges such as short treatment duration, dose interruptions, and risks of exacerbating cardiotoxicity with combination therapies further underscore the limitations on the company's commercial prospects and could lead to negative implications for its stock performance.
This aggregate rating is based on analysts' research of Syndax Pharmaceuticals and is not a guaranteed prediction by Public.com or investment advice.
Syndax Pharmaceuticals (SNDX) Analyst Forecast & Price Prediction
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