
Prelude Therapeutics (PRLD) Stock Forecast & Price Target
Prelude Therapeutics (PRLD) Analyst Ratings
Bulls say
Prelude Therapeutics presents a positive outlook based on its clinical development programs, particularly highlighting the promising efficacy of PRT3789, a first-in-class SMARCA2/BRM protein degrader. Recent results indicate that the recommended Phase 2 dose of 500mg QW for PRT3789 has demonstrated dose-dependent increases in pharmacodynamic effects, showcasing deeper and prolonged SMARCA2 degradation in patient cells. Additionally, the proof-of-concept for SMARCA2 degradation as an effective treatment for SMARCA4-mutated cancers reinforces the company’s strategic positioning in addressing high unmet medical needs within oncology.
Bears say
Prelude Therapeutics, a clinical-stage precision oncology company, faces significant risks that contribute to a negative outlook for its stock. Key concerns include the potential for negative clinical results from its lead candidate, PRT3789, delays in clinical advancements for its pipeline products, and challenges in obtaining timely regulatory approvals. Additionally, competition from existing SMARCA2 inhibitors and the threat of long-term dilution further compound the uncertainty regarding the company's financial performance and prospects.
This aggregate rating is based on analysts' research of Prelude Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
Prelude Therapeutics (PRLD) Analyst Forecast & Price Prediction
Start investing in Prelude Therapeutics (PRLD)
Order type
Buy in
Order amount
Est. shares
0 shares