Down 65% From Its 52-Week High, Is Viking Therapeutics Stock a Bargain Buy? [Yahoo! Finance]

Viking Therapeutics, Inc. (VKTX)
Last viking therapeutics, inc. earnings: 4/30 04:05 pm
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US:NASDAQ Investor Relations:
ir.vikingtherapeutics.com
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Source: Yahoo! Finance
It has demonstrated encouraging results in clinical trials; however, it isn't approved just yet. While the optimism surrounding the drug made Viking's stock a hot buy early last year, things have drastically cooled over the past six months during which it has plummeted more than 50%. As a result, the stock is now down 65% from its 52-week high of $89.10. Is this a good time to buy shares of Viking Therapeutics, or could more of a decline be coming this year? Making a bullish case for Viking Therapeutics stock isn't difficult. VK2735 has helped participants in a phase 2 trial lose around 15% of their body weight -- and that's without a plateau observed, meaning that even higher weight loss is possible. That was over the course of just a 13-week study; over a longer time frame, it may perform even better. However, even at 15%, if those results hold up for the long term, that can make the drug a formidable alternative to other GLP-1 injections. A phase 3 trial is planned later this
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VKTX
News
- Viking Therapeutics, Inc. (NASDAQ: VKTX) was upgraded by analysts at Cantor Fitzgerald to a "strong-buy" rating.MarketBeat
- Viking Therapeutics, Inc. (NASDAQ: VKTX) is now covered by analysts at Cantor Fitzgerald. They set an "overweight" rating and a $104.00 price target on the stock.MarketBeat
- Why Viking Therapeutics Stock Popped Today [Yahoo! Finance]Yahoo! Finance
- Viking Therapeutics, Inc. (NASDAQ: VKTX) had its "buy" rating re-affirmed by analysts at Truist Financial Co.. They now have a $75.00 price target on the stock, down previously from $95.00.MarketBeat
- Viking Therapeutics, Inc. (NASDAQ: VKTX) had its price target lowered by analysts at Morgan Stanley from $105.00 to $102.00. They now have an "overweight" rating on the stock.MarketBeat
VKTX
Earnings
- 4/23/25 - Miss
VKTX
Sec Filings
- 4/24/25 - Form 10-Q
- 4/23/25 - Form DEFA14A
- 4/23/25 - Form DEFR14A
- VKTX's page on the SEC website