
ALLO Stock Forecast & Price Target
ALLO Analyst Ratings
Bulls say
Allogene Therapeutics is a clinical stage immuno-oncology company with a promising pipeline focusing on "off-the-shelf" T cell candidates designed to target cancer cells or eliminate autoreactive cells in patients with cancer and autoimmune diseases. The recent public offering and positive interim futility results for their lead product, cema-cel, provide a strong foundation for future success and make the stock an attractive entry point for investors. Additionally, the company's focus on innovative manufacturing and safety profiles, as well as partnerships with well-respected organizations, add to our positive outlook on their long-term potential for growth.
Bears say
Allogene Therapeutics is facing significant risks in achieving their projected firm value, including potential durability issues with its cema-cel therapy in 1L LBCL, safety and immunogenicity concerns, and challenges in manufacturing. Additionally, the company's reliance on long-term dilution is a concern. An increase in MRD+ patients and improved MRD negativity results do provide some potential for increased EPS and revenues, but overall the negative outlook remains due to the high levels of risk and uncertainty.
This aggregate rating is based on analysts' research of Allogene Therapeutics Inc and is not a guaranteed prediction by Public.com or investment advice.
ALLO Analyst Forecast & Price Prediction
Start investing in ALLO
Order type
Buy in
Order amount
Est. shares
0 shares