The price of FBIO is predicted to go up 0.53%, based on the high correlation periods with IAS. The similarity of these two price pattern on the periods is 98.45%.

FBIO

IAS

Up: 0.53%Similarity: 98.45%

FBIO Revenue Forecast

FBIO EPS Forecast

FBIO FAQs

What is bull’s view on FBIO?

Fortress Biotech (FBIO) is currently trading at $2.13, with analysts maintaining a bullish price target of $15.00, suggesting a significant upside of over 600%. The optimism stems from its strong pipeline in pharmaceutical and biotechnology products, coupled with insider confidence, as the CEO recently purchased shares above the current market price. However, the stock has faced challenges, including a sharp decline over the past year, which investors should weigh against its long-term potential.

What is bear's view on FBIO?

FBIO stock is bearish due to its weak fundamentals and recent dilution. The stock has dropped significantly, trading at $1.46, far below its insider purchase price of $1.84, reflecting poor investor confidence. Additionally, the 67.86% decline over the past year and the $8M direct offering at $1.65 signal financial struggles and potential further downside.