The price of IKT is predicted to go up -9.2%, based on the high correlation periods with EFSI. The similarity of these two price pattern on the periods is 95.18%.
IKT
EFSI
Down: -9.2%Similarity: 95.18%
IKT Revenue Forecast
IKT EPS Forecast
IKT FAQs
What is bull’s view on IKT?
IKT stock closed at $2.27 on January 31, 2025, with a strong regular market gain of +18.23%. Analysts are bullish, with Maxim Group and Jefferies maintaining Buy ratings and price targets of $8 and $5, respectively, driven by upcoming Phase 2 trial data for Parkinson’s disease and solid financial backing. The stock's recent momentum and positive sentiment suggest potential upside, but it remains speculative.
What is bear's view on IKT?
IKT stock currently trades at $2.24, significantly below analysts' price targets of $5.00 and $8.00. The bearish view stems from its high-risk nature as a clinical-stage biotech, with reliance on upcoming Phase 2 trial results for Parkinson’s disease and limited revenue generation. Despite a recent 53.25% six-month gain, the stock remains speculative without near-term catalysts.
Jefferies initiated coverage of Inhibikase Therapeutics with a Buy rating and $8 price target. The stock looks inexpensive as its novel imatinib oral pro-drug IkT-001Pro will enter Phase 2B for PAH, with an added free Parkinson's call option for oral risvodetinib, where expectations are super low, the analyst tells investors in a research note.