
Oric Pharmaceuticals (ORIC) Stock Forecast & Price Target
Oric Pharmaceuticals (ORIC) Analyst Ratings
Bulls say
ORIC Pharmaceuticals is a clinical-stage biopharmaceutical company focused on developing therapies that target specific resistance mechanisms in cancer. Despite a recent decline in stock price due to safety concerns with a competitor drug, ORIC remains an attractive investment opportunity due to the different mechanisms of action of their product candidates, the potential for upcoming data to positively impact the stock, and the lack of specific safety signals for their drugs so far. In addition, a catalyst-rich year ahead may provide opportunities for the stock to outperform.
Bears say
ORIC Pharmaceuticals is facing significant challenges with its pipeline of therapies, leading to a lack of confidence in its ability to successfully bring its products to market. With ORIC-944 and ORIC-114 being evaluated in completely different indications and no specific safety signals regarding secondary malignancies reported, there is a high risk of potential class-wide safety issues. This combined with the withdrawal of Tazverik from the market and potential delays in moving into pivotal trials, presents a major risk to the company's success and calls into question the $25 price target.
This aggregate rating is based on analysts' research of Oric Pharmaceuticals and is not a guaranteed prediction by Public.com or investment advice.
Oric Pharmaceuticals (ORIC) Analyst Forecast & Price Prediction
Start investing in Oric Pharmaceuticals (ORIC)
Order type
Buy in
Order amount
Est. shares
0 shares