
Phathom Pharmaceuticals (PHAT) Stock Forecast & Price Target
Phathom Pharmaceuticals (PHAT) Analyst Ratings
Bulls say
Phathom Pharmaceuticals Inc. exhibits a robust growth trajectory, driven by the successful launch and increasing adoption of its product, VOQUEZNA, which has seen over 300,000 filled prescriptions since its introduction, representing a notable 110% increase in that metric. The company anticipates significant revenue potential moving forward, with guidance suggesting VOQUEZNA could generate around $1 billion in sales by 2030, further underscored by a solid performance in 4Q24 with sales exceeding consensus estimates by 19%. Additionally, the evolving prescriber base, particularly among primary care providers treating the non-erosive GERD patient segment, positions Phathom for sustained commercial growth.
Bears say
Phathom Pharmaceuticals has exhibited significant stock underperformance relative to biotech peers and the broader market, with shares declining by 11% in 2024 amid increasing concerns regarding the patent exclusivity of its product, Voquezna. The company concluded the fourth quarter of 2024 with a cash balance of $297 million, down from $335 million in the previous quarter, indicating potential financial strain and raising questions about its ability to sustain operations. Additionally, anticipated softer revenues in the first quarter of 2025, driven by typical seasonal headwinds, further support a negative outlook for Phathom’s stock as these factors collectively indicate challenges in generating investor confidence and maintaining growth.
This aggregate rating is based on analysts' research of Phathom Pharmaceuticals and is not a guaranteed prediction by Public.com or investment advice.
Phathom Pharmaceuticals (PHAT) Analyst Forecast & Price Prediction
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