Morgan Stanley Lowers Arrowhead Price Target to $78
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 06 2026
0mins
Should l Buy ARWR?
Morgan Stanley lowered the firm's price target on Arrowhead to $78 from $81 and keeps an Equal Weight rating on the shares. Broad pipeline execution continues with multiple readouts expected later this year, including key Phase 3 SHTG data in Q3, the analyst tells investors in a research note. the firm added that while early familial chylomicronemia syndrome launch trends are promising, meaningful sales are not expected in 2026.
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Analyst Views on ARWR
Wall Street analysts forecast ARWR stock price to rise
11 Analyst Rating
8 Buy
3 Hold
0 Sell
Moderate Buy
Current: 57.780
Low
35.00
Averages
82.00
High
110.00
Current: 57.780
Low
35.00
Averages
82.00
High
110.00
About ARWR
Arrowhead Pharmaceuticals, Inc. develops medicines that treat intractable diseases by silencing the genes that cause them. The Company's therapies, using a broad portfolio of ribonucleic acid (RNA) chemistries and modes of delivery, trigger the RNA interference (RNAi) mechanism to induce rapid, deep and durable knockdown of target genes. The Company's Targeted RNAi Molecule (TRiMTM) platform utilizes ligand-mediated delivery and is designed to enable tissue-specific targeting while being structurally simple. It is focused on various therapeutic areas, such as cardiometabolic, pulmonary, liver, muscle and central nervous system. It has around 16 clinical-stage investigational medicines (wholly owned and partnered), which range in development stage from Phase I to Phase III. The Company's pipeline products include Plozasiran, Zodasiran, Olpasiran, ARO-RAGE, ARO-MMP7, GSK-4532990, Fazirsiran, GSK5637608, ARO-CFB, ARO-INHBE, ARO-C3, ARO-PNPLA3, ARO-DUX4, ARO-DM1 and ARO-ATXN2.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Good Safety Profile: No acute pancreatitis events occurred during the study, and plozasiran's safety profile remained consistent with earlier trials, indicating good tolerability in high-risk patients and providing confidence for future clinical applications.
- Lipoprotein Improvements: Favorable improvements in atherogenic lipoproteins, including remnant cholesterol and non-HDL cholesterol, were observed, further supporting plozasiran as an effective option for managing hypertriglyceridemia.
- Future Outlook: Arrowhead plans to complete Phase 3 studies like SHASTA-3 and SHASTA-4 by mid-2026 and intends to submit a supplemental New Drug Application to the FDA by the end of 2026, reflecting the company's strong confidence in plozasiran's market potential.
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- Sales Potential Increase: By reducing the price, Ionis aims to stand out in a competitive market, with analysts predicting that this action will significantly boost Tryngolza's sales over the coming quarters, further solidifying its position in the treatment landscape.
- Competitive Positioning Optimization: This price adjustment is not only a response to market demand but may also prompt competitors to reassess their pricing strategies, potentially impacting the overall industry price structure, allowing Ionis to gain a larger market advantage.
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- Technological Advantage: The cell bank will utilize Austrianova's Cell-in-a-Box® technology, which allows therapeutic cells to continuously secrete proteins without triggering immune rejection, thereby enhancing the safety and efficacy of treatments.
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- Massive Market Potential: With the Alzheimer's market projected to reach $32.8 billion by 2033, AvaíBio's technology is poised to play a crucial role in addressing this major health challenge, enhancing the company's market position in the biopharmaceutical sector.
- Technological Advantage: The Master Cell Bank will utilize Austrianova's Cell-in-a-Box® technology, ensuring that cells are protected within a biocompatible shell for continuous protein secretion without triggering immune rejection, thereby improving the safety and efficacy of treatments.
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- Significant Efficacy: In a two-year open-label extension study, patients with severe hypertriglyceridemia treated with plozasiran achieved an 83% median reduction in triglycerides, with 96% reaching levels below 500 mg/dL, significantly lowering the risk of acute pancreatitis and demonstrating the drug's potential therapeutic value.
- Good Safety Profile: No acute pancreatitis events occurred during the study, and plozasiran's safety profile remained consistent with earlier trials, indicating good tolerability in high-risk patients and providing confidence for future clinical applications.
- Lipoprotein Improvements: Favorable improvements in atherogenic lipoproteins, including remnant cholesterol and non-HDL cholesterol, were observed, further supporting plozasiran as an effective option for managing hypertriglyceridemia.
- Future Outlook: Arrowhead plans to complete Phase 3 studies like SHASTA-3 and SHASTA-4 by mid-2026 and intends to submit a supplemental New Drug Application to the FDA by the end of 2026, reflecting the company's strong confidence in plozasiran's market potential.
See More
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- Pricing Strategy: Ionis Pharmaceuticals has lowered the price of Tryngolza ahead of the sHTG decision, with analysts suggesting that this move will enhance sales potential and attract more patients, thereby increasing market share.
- Sales Potential Increase: By reducing the price, Ionis aims to stand out in a competitive market, with analysts predicting that this action will significantly boost Tryngolza's sales over the coming quarters, further solidifying its position in the treatment landscape.
- Competitive Positioning Optimization: This price adjustment is not only a response to market demand but may also prompt competitors to reassess their pricing strategies, potentially impacting the overall industry price structure, allowing Ionis to gain a larger market advantage.
- Market Reaction Expectations: Analysts are generally optimistic about Tryngolza's market prospects, believing that the price reduction will enhance patient acceptance and drive sales growth, indicating Ionis's keen awareness of market dynamics.
See More
WVE-007 Trial Data Triggers Stock Volatility
- Trial Results: Wave Life Sciences reported that participants administered a single 240 mg dose of WVE-007 experienced a 0.9% weight reduction in the early trial phase, falling short of market expectations of 2% to 3%, which led to a nearly 50% drop in its stock price on Thursday.
- Market Reaction Analysis: Jones Research attributed WVE's stock decline primarily to the lower-than-expected weight loss, although the drug showed clinically meaningful reductions in visceral fat and waist circumference, with analysts cautiously optimistic about its potential utility in elderly or metabolic disease patients.
- Competitive Drug Comparison: Unlike traditional GLP-1 drugs that often lead to muscle loss, Arrowhead's obesity candidates ARO-INHBE and ARO-ALK7 aim to reduce body fat while preserving lean mass, which may provide a competitive edge, although current data comparisons are limited.
- Investor Sentiment Shift: While Wave's update appears largely priced in and Arrowhead's price target was lowered to $81, retail sentiment around ARWR shifted from neutral to bullish, indicating growing confidence in its future potential.
See More
Johnson & Johnson Divests from 3 Biotech Companies While Retaining Investments in Potential Acquisition Candidates
Johnson & Johnson's Holdings Report: The company has restated its fourth-quarter holdings report, which was filed last week.
Exit from Biotechs: Johnson & Johnson has exited three biotech companies as part of its portfolio adjustments.
Retention of Stakes: Despite the exits, the company has retained its stakes in several rumored acquisition targets.
Strategic Moves: These actions indicate a strategic shift in Johnson & Johnson's investment approach within the biotech sector.
See More
AvaíBio Initiates α-Klotho Cell Bank Creation
- Key Milestone: AvaíBio, in collaboration with Austrianova, has initiated the creation of a Master Cell Bank (MCB) that overexpresses the α-Klotho protein, a process that clones a single genetically engineered cell into tens of millions of identical copies, establishing a foundation for future cell therapies and ensuring product consistency and scalability.
- Market Potential: The decline of α-Klotho protein is linked to various age-related diseases, with projections indicating that the Alzheimer's market alone could reach $32.8 billion by 2033, highlighting the significant demand for anti-aging treatments.
- Technological Advantage: The cell bank will utilize Austrianova's Cell-in-a-Box® technology, which allows therapeutic cells to continuously secrete proteins without triggering immune rejection, thereby enhancing the safety and efficacy of treatments.
- Dual-Program Strategy: AvaíBio is advancing both the Klothonova anti-aging platform and the Insulinova diabetes program using the same encapsulation technology, demonstrating the company's broad application potential in regenerative medicine and attracting institutional capital at unprecedented speed.
See More
AvaíBio Initiates Master Cell Bank for α-Klotho Production
- Critical Milestone: AvaíBio, in collaboration with Austrianova, has successfully initiated the creation of a Master Cell Bank (MCB) for α-Klotho protein, marking a significant advancement in the company's efforts to develop anti-aging therapies and laying a solid foundation for future cell therapy products.
- Massive Market Potential: With the Alzheimer's market projected to reach $32.8 billion by 2033, AvaíBio's technology is poised to play a crucial role in addressing this major health challenge, enhancing the company's market position in the biopharmaceutical sector.
- Technological Advantage: The Master Cell Bank will utilize Austrianova's Cell-in-a-Box® technology, ensuring that cells are protected within a biocompatible shell for continuous protein secretion without triggering immune rejection, thereby improving the safety and efficacy of treatments.
- Dual-Program Strategy: AvaíBio is advancing both the Klothonova anti-aging platform and the Insulinova diabetes program, leveraging the same encapsulation technology, showcasing the company's broad application potential in regenerative medicine and attracting significant institutional capital interest.
See More
