The price of UBX is predicted to go up -11.79%, based on the high correlation periods with WD. The similarity of these two price pattern on the periods is 97.98%.
UBX
WD
Down: -11.79%Similarity: 97.98%
UBX Revenue Forecast
UBX EPS Forecast
UBX FAQs
What is bull’s view on UBX?
UBX stock is currently trading at $1.39, with analysts projecting a significant upside to $6.00, driven by the potential of its lead candidate UBX1325 in treating diabetic macular edema. The recent appointment of Federico Grossi as Chief Medical Officer has bolstered investor confidence, reflected in a 9% pre-market gain following the announcement. With a bullish put/call ratio and institutional support, the stock shows strong momentum for growth.
What is bear's view on UBX?
UBX stock is currently trading at $1.54, and bears may argue that its financial health is weak, with no projected revenue and a negative EPS of -5.73. Institutional ownership has slightly decreased, signaling reduced confidence among major investors. Additionally, despite recent positive developments, the stock's speculative nature and reliance on clinical trial outcomes make it highly risky.
What is UBX eps forecast for next quarter?
The market consensus for UBX's eps in the upcoming quarter is projected to be approximately $0.31 USD.
Chardan initiated coverage of Unity Biotechnology with a Buy rating and $6 price target. The company's lead candidate UBX1325 is currently being investigated in the Phase 2b ASPIRE trial in treatment-experienced diabetic macular edema patients, with topline data expected in Q1 of 2025, notes the analyst, who bases the firm's rating and target on the potential of UBX1325 in DME.