
Entrada Therapeutics (TRDA) Stock Forecast & Price Target
Entrada Therapeutics (TRDA) Analyst Ratings
Bulls say
Entrada Therapeutics Inc has recently experienced a significant regulatory development with the lifting of the clinical hold by the FDA on its lead candidate, ENTR-601-44, facilitating the initiation of the ELEVATE-44-102 Phase 1b study aimed at treating Duchenne muscular dystrophy (DMD). The company has also received authorization from the UK’s Medicines and Healthcare Products Regulatory Agency to commence the ELEVATE-44-201 Phase 1/2 clinical trial, further validating the potential of its EEV-therapeutics and enhancing its pipeline for neuromuscular diseases. These advancements indicate not only regulatory comfort but also a promising trajectory for future FDA clearances, positioning Entrada Therapeutics favorably in the biopharmaceutical landscape.
Bears say
Entrada Therapeutics faces significant risks that adversely impact its stock outlook, specifically the potential inability to convince the FDA to lift the clinical hold on ENTR-601-44, which is critical for the company’s progress. Additionally, the failure to generate favorable mid-stage clinical data and advance lead candidates to pivotal trials in a timely manner raises concerns about the viability of its therapeutic pipeline. The presence of potential negative data from pivotal studies and long-term dilution risks adds further uncertainty to the company’s financial health and future prospects.
This aggregate rating is based on analysts' research of Entrada Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
Entrada Therapeutics (TRDA) Analyst Forecast & Price Prediction
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