These Analysts Revise Their Forecasts On Karyopharm Therapeutics After Q1 Results

Benzinga
05-14

Karyopharm Therapeutics Inc. (NASDAQ:KPTI) reported mixed financial results for the first quarter on Monday.

The company posted quarterly losses of $2.77 per share which beat the analyst consensus estimate of losses of $4.16 per share. The company reported quarterly sales of $30.02 million which missed the analyst consensus estimate of $35.24 million.

“We are pleased that our Phase 3 SENTRY trial in patients with JAKi-naïve myelofibrosis has passed its pre-specified futility analysis and continues as planned without modifications. Our conviction in this trial is further strengthened by our new data in hard-to-treat myelofibrosis patients where we observed spleen volume reduction, symptom improvement, hemoglobin stabilization and evidence of disease modification with selinexor monotherapy, addressing all four hallmarks of the disease,” said Richard Paulson, President and Chief Executive Officer of Karyopharm.

Karyopharm Therapeutics affirmed FY2025 sales guidance of $140.00 million to $155.00 million versus market estimates of $149.32 million.

Karyopharm Therapeutics shares fell 15.6% to trade at $5.17 on Tuesday.

These analysts made changes to their price targets on Karyopharm Therapeutics following earnings announcement.

  • Baird analyst Michael Ulz maintained Karyopharm Therapeutics with an Outperform rating and lowered the price target from $54 to $42.
  • Barclays analyst Peter Lawson maintained the stock with an Overweight rating and raised the price target from $5 to $10.
  • RBC Capital analyst Brian Abrahams maintained Karyopharm Therapeutics with an Outperform rating and lowered the price target from $34 to $33.

Considering buying KPTI stock? Here’s what analysts think:

Read This Next:

  • Jim Cramer Is ‘OK’ With Harrow, Recommends Buying This Energy Stock

Photo via Shutterstock

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10