Viking Therapeutics, Inc. (VKTX) reached $25.11 at the closing of the latest trading day, reflecting a -8.26% change compared to its last close.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
The latest trading day saw Viking Therapeutics, Inc. (VKTX) settling at $28.53, representing a +2.88% change from its previous close.
In the closing of the recent trading day, Viking Therapeutics, Inc. (VKTX) stood at $27.73, denoting a -2.84% move from the preceding trading day.
VK2735's oral maintenance study could expand Viking Therapeutics' obesity strategy by helping sustain weight loss with less frequent dosing.
Viking Therapeutics faces dilution and rising obesity competition, but VK2735's pipeline progress could offer catalysts and support a rebound.
Viking Therapeutics, Inc. (VKTX) closed the most recent trading day at $30.51, moving 6.41% from the previous trading session.
Viking Therapeutics delivered strong VK2735 maintenance trial results in obesity, showing robust induced weight loss and promising tolerability with less frequent dosing in the maintenance phase. VKTX demonstrated competitive or superior efficacy to Eli Lilly's tirzepatide and retatrutide across comparable time points, with tolerability expected to improve in phase 3 with less aggressive titration. The $500 million equity and convertible note offering temporarily pressured shares but was a necessary step to support advancing VKTX's pipeline and future spending.
Viking Therapeutics maintains a 'Strong Buy' rating, driven by positive phase 2 and maintenance data for its dual GLP-1/GIP agonist VK2735 in obesity. VKTX is advancing both injectable [SC] and oral VK2735, with phase 3 SC studies ongoing and phase 3 oral studies expected to initiate in Q4 2026. SC VK2735 demonstrated robust maintenance of weight loss—97% with every-other-week and 90% with monthly dosing—highlighting differentiation potential versus competitors.
The latest trading day saw Viking Therapeutics, Inc. (VKTX) settling at $29.52, representing a -1.44% change from its previous close.
Viking Therapeutics, Inc. (VKTX) Presents at Morgan Stanley 24th Annual Global Healthcare Conference Transcript
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?