The price of PDSB is predicted to go up 32.56%, based on the high correlation periods with ASTL. The similarity of these two price pattern on the periods is 91.58%.
PDSB
ASTL
Up: 32.56%Similarity: 91.58%
PDSB Revenue Forecast
PDSB EPS Forecast
PDSB FAQs
What is bull’s view on PDSB?
PDSB stock has a bullish outlook with a price target of $21, as reiterated by HC Wainwright & Co. analyst Joseph Pantginis on December 18, 2024. The optimism stems from the company's promising clinical developments, including the Phase III VERSATILE-003 trial for HPV16-positive head and neck cancer. With the current price at $1.6351, this represents significant upside potential.
What is bear's view on PDSB?
PDSB stock currently trades at a low level, reflecting its speculative nature as a clinical-stage biotech company. Bears argue that the lack of revenue, ongoing losses (Q2 2024 EPS: -$0.23), and dependency on trial success make it highly risky. Additionally, the reduced price target by B. Riley Securities to $7 highlights concerns over competitive pressures and uncertain trial outcomes.
What is PDSB eps forecast for next quarter?
The market consensus for PDSB's eps in the upcoming quarter is projected to be approximately $0.35 USD.
B. Riley lowered the firm's price target on PDS Biotechnology to $7 from $9 and keeps a Buy rating on the shares. The Q3 earnings update included a development plan revision for the registration-enabling Phase III VERSATILE-003 trial in HPV16-positive head and neck squamous cell carcinoma, with a sample size reduction from about 440 to roughly 350 patients while maintaining statistical power on the overall survival primary efficacy endpoint, the analyst tells investors in a research note. Management also acknowledged the potential impact of recent FDA approval of Keytruda in adjuvant and neoadjuvant HNSCC to be factored in this development plan revision, including via a recently commissioned survey of more than 50 oncologists treating HNSCC patients, the firm adds.