
Apellis Pharma (APLS) Stock Forecast & Price Target
Apellis Pharma (APLS) Analyst Ratings
Bulls say
Apellis Pharmaceuticals Inc. demonstrates a strong financial position with an estimated year-end 2025 cash balance of approximately $466 million, which is anticipated to support the company in achieving sustainable profitability by 2028. The company is projected to experience a revenue growth rate of 12% year-over-year in 2026, driven by key products like SYFOVRE, which is set to benefit from upcoming enhancements such as a prefilled syringe filing and improved functional OCT scan availability. Additionally, Apellis’ pre-announced $689 million in fourth-quarter 2025 product revenue aligns closely with prior estimates, indicating stability and a solid demand for its marketed drugs.
Bears say
Apellis Pharmaceuticals is facing a challenging outlook due to stagnant revenue growth for its marketed drug, Syfovre, which has shown a significant year-over-year decline, prompting a decrease in total revenue estimates for 2026 to $821 million. Additionally, there are commercial risks, including headwinds from funding lapses, increased competition from Izervay, and safety concerns, which could further depress market share and revenue potential. The company’s revenue estimates for PNH have also been lowered, reflecting a lack of confidence in the uptake in the geographic atrophy (GA) market and general market dynamics affecting future performance.
This aggregate rating is based on analysts' research of Apellis Pharma and is not a guaranteed prediction by Public.com or investment advice.
Apellis Pharma (APLS) Analyst Forecast & Price Prediction
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