What’s Causing the Decline in Korro Bio Stock (KRRO) Today?
Clinical Trial Results: Korro Bio's KRRO-110 failed to meet its primary endpoint in a Phase 1/2a clinical trial for treating Alpha-1 Antitrypsin Deficiency, leading to a significant drop in stock price.
Company Restructuring: Following the trial failure, Korro Bio announced a 34% workforce reduction, a one-time charge of $2.4 million, and the resignation of its Chief Medical Officer, while shifting focus to a new candidate, KRRO-121.
Stock Performance: Korro Bio's stock plummeted 78.07% in pre-market trading, with a year-to-date decrease of 17.47% and a 36.78% drop over the past year.
Analyst Outlook: Despite recent setbacks, analysts maintain a Moderate Buy rating for Korro Bio, with an average price target of $93.50, indicating a potential upside of 197.58%.
Trade with 70% Backtested Accuracy
Analyst Views on KRRO
About KRRO
About the author

Korro Bio's KRRO-121 Receives Strong Analyst Upgrades
- Analyst Upgrades: H.C. Wainwright upgraded Korro Bio to ‘Buy’ from ‘Neutral’ with a $20 price target, asserting that KRRO-121 serves as an independently risk-mitigated asset, thereby enhancing market confidence in the stock.
- Stock Price Surge: Shares of Korro Bio jumped 13% on Thursday following optimistic upgrades from multiple analysts, indicating strong market confidence in the new drug development candidate KRRO-121, which is likely to attract more investor interest.
- Clinical Trial Plans: Korro intends to file for clinical trials of KRRO-121 in the second half of 2026, targeting hyperammonemia treatment, which could present new growth opportunities for the company in addressing this critical metabolic condition.
- Market Sentiment Shift: Retail sentiment on Stocktwits for KRRO stock shifted from ‘bearish’ to ‘extremely bullish’ in the past 24 hours, with message volume increasing from ‘high’ to ‘extremely high’, reflecting strong optimism among investors regarding the company’s prospects.

Wall Street Analysts Adjust Ratings
- Analyst Rating Updates: Top Wall Street analysts have adjusted their ratings on several companies, reflecting a shift in market sentiment that could influence investor decisions and market trends.
- Overview of Changes: The rating changes include upgrades, downgrades, and new initiations, providing investors with a comprehensive view of market analysis to better seize investment opportunities.
- Investor Attention: The changes in analyst ratings may draw investor interest towards FTNT stock, particularly in the current market environment where investors need to closely monitor these shifts for informed decision-making.
- Market Impact Assessment: Analyst rating adjustments not only affect the performance of individual stocks but can also influence overall market sentiment, prompting investors to consider these factors to optimize their investment portfolios.






