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Stock impact report

Time To Worry? Analysts Just Downgraded Their Agios Pharmaceuticals, Inc. (NASDAQ:AGIO) Outlook [Yahoo! Finance]

Agios Pharmaceuticals, Inc. (AGIO) 
Last agios pharmaceuticals, inc. earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.agios.com/investor-overview
Company Research Source: Yahoo! Finance
Revenue estimates were cut sharply as analysts signalled a weaker outlook - perhaps a sign that investors should temper their expectations as well. Shares are up 5.6% to US$22.50 in the past week. It will be interesting to see if this downgrade motivates investors to start selling their holdings. Following the downgrade, the latest consensus from Agios Pharmaceuticals' eight analysts is for revenues of US$52m in 2024, which would reflect a major 115% improvement in sales compared to the last 12 months. Per-share losses are expected to explode, reaching US$5.07 per share. Yet prior to the latest estimates, the analysts had been forecasting revenues of US$103m and losses of US$5.07 per share in 2024. So there's been quite a change-up of views after the recent consensus updates, with the analysts making a serious cut to their revenue forecasts while also making no real change to the loss per share numbers. There was no real change to the consensus price target of US$37.50, suggesting Show less Read more
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