
TransCode Therapeutics (RNAZ) Stock Forecast & Price Target
TransCode Therapeutics (RNAZ) Analyst Ratings
Bulls say
TransCode Therapeutics has commenced its first clinical trial for its lead therapeutic candidate, TTX-MC138, which demonstrates increased activity in later cohorts, indicating a promising pharmacokinetic (PK) profile. The trial has shown significant patient retention, with 67% of participants from earlier cohorts continuing on the study, highlighting the initial durability of treatment effects. Additionally, the development of TTX-MC138 appears to be efficient, with observed high levels of target inhibition at low doses, which may suggest a potentially favorable therapeutic profile as the company progresses through its clinical studies.
Bears say
TransCode Therapeutics currently faces a negative outlook due to several fundamental risks associated with its clinical development and financial sustainability. The company has limited its valuation primarily to TTX-MC138 for breast, pancreatic, and glioblastoma cancers, reflecting a conservative 15% and 10% probability of success for these indications, revealing concerns over their inherent risk profiles. Additionally, the anticipated need for further fundraising by early 2025, coupled with risks related to safety, efficacy, regulatory hurdles, competition, and potential de-listing from exchanges, places significant downward pressure on the stock’s viability.
This aggregate rating is based on analysts' research of TransCode Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
TransCode Therapeutics (RNAZ) Analyst Forecast & Price Prediction
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