PASG stock has shown consistent improvement in earnings, beating analyst estimates in both Q4 2023 (-$0.30 EPS vs. -$0.40 expected) and Q2 2024 (-$0.26 EPS vs. -$0.31 expected). Analysts are bullish, with Wedbush setting a $4 price target, citing the undervaluation of its pipeline potential, particularly for PBFT02 targeting frontotemporal dementia. With the current price significantly below this target, bulls see a deep discount opportunity.