The price of INKT is predicted to go up 4.73%, based on the high correlation periods with BK. The similarity of these two price pattern on the periods is 93.99%.
INKT
BK
Up: 4.73%Similarity: 93.99%
INKT Revenue Forecast
INKT EPS Forecast
INKT FAQs
What is bull’s view on INKT?
MiNK Therapeutics (INKT) is currently trading at $1.69, with a bullish outlook driven by its promising pipeline. The ongoing Phase 2 trial of AgenT-797 for gastric cancer and the preclinical progress of MiNK-215 highlight strong growth potential. Analysts have set a price target of $9, reflecting significant upside based on clinical advancements and strategic collaborations.
What is bear's view on INKT?
INKT stock currently trades at $1.69, reflecting a bearish sentiment due to its limited financial runway and reduced price targets by analysts. Despite promising clinical developments like AGENT-797 in Phase 2 trials, the stock faces challenges from high cash burn and reliance on external funding. The lowered price target to $4 by Baird indicates cautious optimism but highlights significant risks.
What is INKT eps forecast for next quarter?
The market consensus for INKT's eps in the upcoming quarter is projected to be approximately $0.60 USD.
Baird analyst Jack Allen lowered the firm's price target on MiNK Therapeutics to $4 from $8 and keeps an Outperform rating on the shares. The firm said the company announced 3Q24 financials and provided pipeline updates, which were generally in line with expectations.