
Precision Biosciences (DTIL) Stock Forecast & Price Target
Precision Biosciences (DTIL) Analyst Ratings
Bulls say
Precision BioSciences Inc. exhibits a positive outlook due to the successful progression of its partnered programs, which validate the clinical potential and versatility of its genome editing platform, ARCUS, across various disease settings. The company's focus on two wholly-owned ARCUS-based programs, supported by momentum from partnerships, highlights its commitment to advancing innovative treatments. Furthermore, notable preclinical results, such as treated mice achieving up to 93% of maximum force output and a 66% improvement in resistance to eccentric injury, underscore the effectiveness of its therapeutic candidates.
Bears say
Precision BioSciences has experienced significant revenue decreases, primarily due to the conclusion of collaborations with partners like Prevail and Novartis, which have resulted in lowered revenue recognition projections. As of March 31, the company's cash and cash equivalents stood at approximately $100 million, a decline from a prior estimate of $122 million, highlighting financial strain linked to reduced revenue streams. These factors contribute to a concerning outlook for the company, as the dependency on limited partnerships could hinder future growth potential and operational stability.
This aggregate rating is based on analysts' research of Precision Biosciences and is not a guaranteed prediction by Public.com or investment advice.
Precision Biosciences (DTIL) Analyst Forecast & Price Prediction
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