
Revolution Medicines (RVMD) Stock Forecast & Price Target
Revolution Medicines (RVMD) Analyst Ratings
Bulls say
Revolution Medicines, Inc. is poised for significant growth driven by promising clinical results from its drug candidate daraxonrasib, which has demonstrated impressive overall survival rates in second-line pancreatic and lung cancer patients. The expected regulatory approval and ongoing positive momentum from multiple high probability of success catalysts, including future trials, present substantial upside potential for the company's stock. Furthermore, the anticipated strong sales trajectory, with estimates reaching $7.5 billion by 2034 across various indications, underscores Revolution Medicines' positioning within the increasingly competitive KRAS therapeutic landscape.
Bears say
Revolution Medicines Inc reported a third-quarter earnings per share (EPS) of -$1.61, which was approximately 13% lower than the consensus estimate due to significant increases in research and development expenses and selling, general, and administrative costs. The company's ability to generate future revenues is at risk if it fails to secure regulatory approval for its KRAS inhibitors and other assets, with potential setbacks from safety signals or delays in clinical trials undermining the probability of success. Additionally, the company faces challenges in a highly competitive market, where the performance of its drug candidates may be adversely affected by slower-than-expected data and the emergence of follow-on molecules from larger pharmaceutical firms, contributing to a negative outlook on its financial prospects.
This aggregate rating is based on analysts' research of Revolution Medicines and is not a guaranteed prediction by Public.com or investment advice.
Revolution Medicines (RVMD) Analyst Forecast & Price Prediction
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