Where Will Viking Therapeutics Stock Be in 10 Years? [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
The company's announcement in February of positive results from its phase 2 study of experimental weight loss drug VK2735 provided a huge catalyst. The future for Viking appears to be bright. But where will this high-flying stock be in 10 years? Here are three potential scenarios. Scenario No. 1: Thriving Viking Therapeutics could be worth much more than its current market cap in 2034. It's not hard to envision a scenario where the company and its stock are thriving. After it announced great phase 2 results for VK2735, Viking said it planned to talk with the U.S. Food and Drug Administration (FDA) about the next steps for the drug's development. I suspect those discussions will lead to a relatively quick advancement of VK2735 into phase 3 testing. If we assume that a phase 3 study of VK2735 takes around two years to complete, Viking could be in a position to file for FDA approval of the drug by late 2026. VK2735 would then possibly be on the market in 2027 if all goes well.
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News
- Can This High-Flying Stock 10x in 10 Years? [Yahoo! Finance]Yahoo! Finance
- Viking Therapeutics, Inc. (NASDAQ:VKTX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- 11 Oversold MidCap Stocks To Buy Now [Yahoo! Finance]Yahoo! Finance
- Viking Therapeutics, Inc. (NASDAQ: VKTX) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $90.00 price target on the stock.MarketBeat
- Viking Therapeutics, Inc. (NASDAQ: VKTX) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
VKTX
Earnings
- 4/24/24 - Beat
VKTX
Sec Filings
- 4/25/24 - Form 10-Q
- 4/24/24 - Form 8-K
- 4/5/24 - Form ARS
- VKTX's page on the SEC website