The price of ARTL is predicted to go up -3.64%, based on the high correlation periods with ALRS. The similarity of these two price pattern on the periods is 98.35%.
ARTL
ALRS
Down: -3.64%Similarity: 98.35%
ARTL Revenue Forecast
ARTL EPS Forecast
ARTL FAQs
What is bull’s view on ARTL?
ARTL stock has a bullish outlook due to EF Hutton's "Buy" rating with a $17 price target, implying a 1,445% upside from its current $1.21 price, driven by institutional interest and pipeline progress. The company’s advancements in ART26.12 and ART27.13 clinical trials further strengthen its growth potential. However, the lack of revenue and reliance on clinical milestones make it a high-risk, high-reward investment.
What is bear's view on ARTL?
ARTL stock currently trades at $1.08, reflecting a bearish sentiment due to its lack of revenue generation and ongoing losses. Despite positive developments in clinical trials and analyst price targets as high as $17, the stock's financial instability and speculative nature make it risky. The bearish view stems from its weak fundamentals and reliance on future trial success.
EF Hutton initiated coverage of Artelo Biosciences with a Buy rating and $6 price target. Artelo is an emerging biotechnology company focused on cachexia and chemotherapy-induced peripheral neuropathy, the analyst tells investors in a research note. The firm says the company is early in its growth phase, and raising capital will be mission-critical to realize the next series of value inflection points.