
Revance Therapeutics (RVNC) Stock Forecast & Price Target
Revance Therapeutics (RVNC) Analyst Ratings
Bulls say
Revance Therapeutics Inc has strengthened its market presence through an extended distribution agreement with Teoxane, granting exclusive rights for the distribution of its product Daxxify in Australia and New Zealand until 2040. The company has demonstrated progress in managing operating expenses during the commercialization of DaxibotulinumtoxinA for Injection, which is essential for achieving notable revenue growth and tackling debt obligations necessary for future profitability. Additionally, recent proposed amendments to a merger agreement with Crown Labs, increasing the offer price, further indicate investor interest and may enhance Revance’s financial stability moving forward.
Bears say
Revance Therapeutics Inc faces a challenging financial outlook primarily due to underperformance in its product segment, which generates the majority of its revenue. Despite the launch of its neuromodulator product, DaxibotulinumtoxinA for Injection, and the RHA Collection of dermal fillers, the company's revenue growth has not met expectations in a competitive market. Additionally, increased operational costs associated with research and development in both aesthetic and therapeutic offerings may further strain profitability, raising concerns about the company’s ability to sustain growth in the near term.
This aggregate rating is based on analysts' research of Revance Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
Revance Therapeutics (RVNC) Analyst Forecast & Price Prediction
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