
Entrada Therapeutics (TRDA) Stock Forecast & Price Target
Entrada Therapeutics (TRDA) Analyst Ratings
Bulls say
Entrada Therapeutics has received a significant boost in its prospects following the lifting of the FDA clinical hold on its lead candidate, ENTR-601-44, enabling the initiation of the ELEVATE-44-102 Phase 1b clinical study aimed at treating Duchenne muscular dystrophy (DMD). This regulatory milestone enhances the potential for future FDA clearances for Entrada's pipeline, which includes promising solutions for various neuromuscular conditions and expands their overall therapeutic platform. Additionally, the company's active clinical studies in both the United States and the United Kingdom signal robust progress in addressing unmet medical needs, bolstering the positive outlook for its stock.
Bears say
Entrada Therapeutics faces multiple risks that could adversely impact its stock performance, primarily including the inability to lift the clinical hold on ENTR-601-44, which hampers progress in its pipeline. Furthermore, the potential failure to generate favorable mid-stage clinical data and advance its lead candidates into pivotal trials in a timely manner poses significant challenges. The presence of partnership risks and the threat of long-term dilution further contribute to a negative outlook on the company's financial stability and growth prospects.
This aggregate rating is based on analysts' research of Entrada Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
Entrada Therapeutics (TRDA) Analyst Forecast & Price Prediction
Start investing in Entrada Therapeutics (TRDA)
Order type
Buy in
Order amount
Est. shares
0 shares