
Entrada Therapeutics (TRDA) Stock Forecast & Price Target
Entrada Therapeutics (TRDA) Analyst Ratings
Bulls say
Entrada Therapeutics Inc has experienced a significant positive shift in its regulatory landscape, as the FDA has lifted the clinical hold on its lead exon-skipping candidate, ENTR-601-44, allowing the company to move forward with the Phase 1b ELEVATE-44-102 clinical study for the treatment of Duchenne muscular dystrophy (DMD). Additionally, the company has secured authorization from the UK’s Medicines and Healthcare Products Regulatory Agency (MHRA) to initiate the Phase 1/2 ELEVATE-44-201 study, further validating its strategic approach to the treatment of neuromuscular diseases. These developments not only enhance regulatory confidence in Entrada’s platform but also indicate the potential for streamlined approvals of future pipeline candidates, positively influencing the company's long-term growth trajectory.
Bears say
Entrada Therapeutics faces significant risks that could adversely impact its stock outlook, primarily stemming from regulatory challenges, including the potential continuation of the clinical hold on its lead asset, ENTR-601-44. Additionally, the company's ability to generate positive mid-stage clinical data and advance its candidates to pivotal trials remains uncertain, further aggravating investor concerns. Compounding these factors, there are also risks associated with negative data from pivotal studies and potential long-term dilution, which could undermine shareholder value.
This aggregate rating is based on analysts' research of Entrada Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
Entrada Therapeutics (TRDA) Analyst Forecast & Price Prediction
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