
Amicus Therapeutics (FOLD) Stock Forecast & Price Target
Amicus Therapeutics (FOLD) Analyst Ratings
Bulls say
Amicus Therapeutics Inc. maintains a favorable outlook due to its sustained double-digit year-over-year growth in Galafold sales, which have been on the market for approximately ten years. The expected growth of the addressable Fabry market, driven by advancements in diagnostic testing through artificial intelligence and machine learning, further enhances the company's potential for revenue increase. Moreover, promising results from Atacicept in treating IgA nephropathy (IgAN) complement the firm’s strong pipeline, indicating robust opportunities for future product development and commercialization.
Bears say
The negative outlook on Amicus Therapeutics Inc is underscored by concerns regarding the efficacy of sparsentan in treating FSGS patients with high levels of MCP-1, as this may diminish potential benefits for a significant segment of the target population. Despite the presence of a sizable total addressable market estimated at approximately 40,000 patients in the U.S. and the lack of FDA-approved therapies for FSGS, the lack of anticipated treatment benefits raises questions about the product's market potential. Additionally, the recurring mention of high MCP-1 levels as a predictor of worsening kidney function and proteinuria signals challenges in the therapeutic landscape that could adversely affect investor confidence.
This aggregate rating is based on analysts' research of Amicus Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
Amicus Therapeutics (FOLD) Analyst Forecast & Price Prediction
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