Market Performance: Major U.S. indices closed mixed, with the Dow Jones up 1.2%, the S&P 500 slightly up 0.2%, and the Nasdaq down 0.25%.
AMD's Growth Targets: Advanced Micro Devices (AMD) shares fell 2.65% but rose in after-hours trading after announcing ambitious growth targets, including a revenue CAGR of over 35% in the next few years.
Oklo's Financial Loss: Oklo Inc. reported a wider-than-expected loss for Q3, leading to a 6.50% drop in stock price, despite receiving approval for its fuel fabrication facility.
Novo Nordisk's Market Strategy: Novo Nordisk's shares rose 6.99% after cutting the price of its Wegovy drug in India, aiming to increase its market share in obesity treatment, despite losing a bidding war for Metsera Inc. to Pfizer.
VKTX
$34.33+Infinity%1D
Analyst Views on VKTX
Wall Street analysts forecast VKTX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VKTX is 97.27 USD with a low forecast of 70.00 USD and a high forecast of 125.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
Wall Street analysts forecast VKTX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VKTX is 97.27 USD with a low forecast of 70.00 USD and a high forecast of 125.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Buy
0 Hold
0 Sell
Strong Buy
Current: 34.300
Low
70.00
Averages
97.27
High
125.00
Current: 34.300
Low
70.00
Averages
97.27
High
125.00
Canaccord
initiated
$106
2025-10-29
Reason
Canaccord
Price Target
$106
2025-10-29
initiated
Reason
Canaccord initiated coverage of Viking Therapeutics with a Buy rating and $106 price target.
Canaccord
Edward Nash
initiated
$106
2025-10-29
Reason
Canaccord
Edward Nash
Price Target
$106
2025-10-29
initiated
Reason
Canaccord analyst Edward Nash initiated coverage of Viking Therapeutics with a Buy rating and $106 price target. The firm views Viking as a leader in the obesity drug development space. It expects a readout from the company's two Phase 3 trials in 2027 and mid-2028, respectively. Viking also reported "strong" efficacy Phase 2 data in August from the oral version of VK2735, the analyst tells investors in a research note. Canaccord believes the drug can differentiate on "multiple fronts."
JPMorgan
Overweight
downgrade
$80 -> $75
2025-10-24
Reason
JPMorgan
Price Target
$80 -> $75
2025-10-24
downgrade
Overweight
Reason
JPMorgan lowered the firm's price target on Viking Therapeutics to $75 from $80 and keeps an Overweight rating on the shares.
Morgan Stanley
Overweight
maintain
$98 -> $102
2025-10-23
Reason
Morgan Stanley
Price Target
$98 -> $102
2025-10-23
maintain
Overweight
Reason
Morgan Stanley raised the firm's price target on Viking Therapeutics to $102 from $98 and keeps an Overweight rating on the shares. The VANQUISH-1 obesity and VANQUISH-2 Type 2 diabetes plus obesity trials are enrolling ahead of schedule, notes the analyst, who also notes that management plans to meet with the FDA in an end-of-Phase 2 meeting for oral VK2735 in Q4 with a Phase 3 start targeted soon after. The firm is "encouraged by swift execution across programs," the analyst tells investors after the company's Q3 update.
About VKTX
Viking Therapeutics, Inc. is a clinical-stage biopharmaceutical company that is focused on the development of therapies for the treatment of metabolic and endocrine disorders. Its clinical programs include VK2735, a novel dual agonist of the glucagon-like peptide 1 and glucose-dependent insulinotropic polypeptide receptors for the potential treatment of various metabolic disorders. It is evaluating an oral formulation of VK2735 in a Phase II trial. It is also developing VK2809, a novel, orally available, small molecule selective thyroid hormone receptor beta agonist for the treatment of lipid and metabolic disorders. Its newest program is evaluating a series of internally developed dual amylin and calcitonin receptor agonists for the treatment of obesity and other metabolic disorders. In the rare disease space, it is developing VK0214, a novel, orally available, small molecule selective thyroid hormone receptor beta agonist for the potential treatment of X-linked adrenoleukodystrophy.
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.
