The price of HOTH is predicted to go up -2.5%, based on the high correlation periods with DWSN. The similarity of these two price pattern on the periods is 98.28%.
HOTH
DWSN
Down: -2.5%Similarity: 98.28%
HOTH Revenue Forecast
HOTH EPS Forecast
HOTH FAQs
What is bull’s view on HOTH?
HOTH stock is currently trading at $1.39, reflecting a recent decline of 7.33%. Bullish analysts, such as HC Wainwright & Co., maintain a "Strong Buy" rating with a price target of $4, citing the company's promising Phase 2a trial results for HT-001 and its expanding patent portfolio. This optimism is driven by Hoth's potential to address unmet medical needs and its strong R&D focus.
What is bear's view on HOTH?
HOTH stock is currently trading at $1.39, reflecting a bearish sentiment due to a 7.33% decline recently. Despite advancements in its patent portfolio, the market remains skeptical about its near-term growth potential. The stock's downward momentum suggests caution unless significant catalysts emerge.
After Hoth Therapeutics announced interim results from its Phase 2a CLEER-001 trial evaluating HT-001, a treatment for skin toxicities caused by Epidermal Growth Factor Receptor Inhibitors, D. Boral Capital noted that the open-label trial reported 100% of patients achieving the primary efficacy endpoint, which the analyst argues "highlight HT-001's potential to revolutionize care for patients facing debilitating side effects from cancer treatments." The firm maintains a Buy rating and $5 price target on Hoth shares.