Amicus Therapeutics Inc

Amicus Therapeutics Inc Stock Forecast & Price Prediction

Live Amicus Therapeutics Inc Stock (FOLD) Price
$9.83

13

Ratings

  • Buy 11
  • Hold 2
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$9.83

P/E Ratio

-19.27

Volume Traded Today

$3.6M

Dividend

Dividends not available for FOLD

52 Week High/low

14.57/9.02

Amicus Therapeutics Inc Market Cap

$2.94B

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FOLD Summary

The Amicus Therapeutics Inc (FOLD) share price is expected to increase by 80.57% over the next year. This is based on calculating the average 12-month share price estimate provided by 13 stock analysts who have covered FOLD. Price targets range from $14 at the low end to $21 at the high end. The current analyst consensus for FOLD is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

FOLD Analyst Ratings

Amicus Therapeutics Inc has a total of 13 Wall St Analyst ratings. There are 11 buy ratings, 2 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Amicus Therapeutics Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

FOLD stock forecast by analyst

These are the latest 20 analyst ratings of FOLD.

Analyst/Firm

Rating

Price Target

Change

Date

Anupam Rama
JP Morgan

Overweight

$17

Maintains

Nov 12, 2024
Debjit Chattopadhyay
Guggenheim

Buy

$15

Maintains

Nov 7, 2024
Kristen Kluska
Cantor Fitzgerald

Overweight

$21

Maintains

Nov 7, 2024
Gil Blum
Needham

Hold


Reiterates

Nov 7, 2024
Tazeen Ahmad
B of A Securities

Buy

$15

Maintains

Oct 17, 2024
Jeffrey Hung
Morgan Stanley

Overweight

$18

Maintains

Oct 11, 2024
Kristen Kluska
Cantor Fitzgerald

Overweight

$20

Reiterates

Sep 20, 2024
Dennis Ding
Jefferies

Buy

$18

Initiates

Sep 6, 2024
Anupam Rama
JP Morgan

Overweight

$16

Maintains

Aug 16, 2024
Gil Blum
Needham

Hold


Reiterates

Aug 9, 2024

Wells Fargo

Overweight

$18

Initiates

May 30, 2024
Debjit Chattopadhyay
Guggenheim

Buy

$13

Upgrade

May 14, 2024
Jeffrey Hung
Morgan Stanley

Overweight

$19

Maintains

May 10, 2024
Gil Blum
Needham

Hold


Reiterates

May 10, 2024
Tazeen Ahmad
B of A Securities

Buy

$13

Maintains

May 10, 2024
Karl Chalabala
UBS

Buy

$19

Maintains

May 10, 2024
Anupam Rama
JP Morgan

Overweight

$19

Maintains

Mar 18, 2024
Kristen Kluska
Cantor Fitzgerald

Overweight

$22

Reiterates

Feb 29, 2024
Jeffrey Hung
Morgan Stanley

Overweight

$20

Upgrade

Dec 19, 2023
Andrew Galler
Morgan Stanley

Equal-Weight

$15

Maintains

Nov 9, 2023

FOLD Company Information

What They Do: Develops medicines for rare diseases.

Business Model: The company generates revenue primarily through the sale of its commercial product, Galafold, and through collaborative agreements for research and development with partners like the University of Pennsylvania and GlaxoSmithKline. Its focus is on rare diseases, allowing for targeted therapeutic solutions that address unmet medical needs.

Other Information: Founded in 2002 and based in Princeton, New Jersey, Amicus Therapeutics is dedicated to innovative approaches in biotechnology, specifically focusing on gene therapy and precision medicine to improve the lives of patients with rare genetic disorders.
FOLD
Amicus Therapeutics Inc (FOLD)

When did it IPO

2007

Staff Count

500

Country

United States

Sector/Industry

Healthcare/Biotechnology

CEO

Mr. Bradley L. Campbell M.B.A.

Market Cap

$2.94B

Amicus Therapeutics Inc (FOLD) Financial Data

In 2023, FOLD generated $399.4M in revenue, which was a increase of 21.30% from the previous year. This can be seen as a signal that FOLD's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$260.9M

Revenue From 2021

$305.5M

17.11 %
From Previous Year

Revenue From 2022

$329.2M

7.76 %
From Previous Year

Revenue From 2023

$399.4M

21.30 %
From Previous Year
  • Revenue TTM $493.7M
  • Operating Margin TTM 17.5%
  • Gross profit TTM $362.0M
  • Return on assets TTM 1.2%
  • Return on equity TTM -67.1%
  • Profit Margin -21.2%
  • Book Value Per Share 0.60%
  • Market capitalisation $2.94B
  • Revenue for 2021 $305.5M
  • Revenue for 2022 $329.2M
  • Revenue for 2023 $399.4M
  • EPS this year (TTM) $-0.34

Amicus Therapeutics Inc (FOLD) Latest News

News Image

Mon, 09 Dec 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - Amicus Therapeutics (FOLD) reported earnings 30 days ago; investors may look for upcoming developments or announcements that could impact the stock's performance.

Why It Matters - Earnings reports can influence stock performance; investor sentiment may shift based on results. Future guidance and market reactions will affect FOLD's price trajectory.

News Image

Thu, 05 Dec 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Investors in the Medical - Biomedical and Genetics sector are evaluating Halozyme Therapeutics (HALO) and Amicus Therapeutics (FOLD) for potential value investment opportunities.

Why It Matters - The comparison between Halozyme Therapeutics and Amicus Therapeutics highlights potential investment opportunities, guiding value investors in making informed decisions based on relative attractiveness.

News Image

Tue, 03 Dec 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - A legal case has been initiated by Jeffrey Moats against the National Credit Union Administration Board and Board Member Todd Harper. Further details on the case were not provided.

Why It Matters - The lawsuit against the NCUA Board may impact regulatory policies affecting credit unions, influencing their operational environment and potentially affecting their financial performance.

News Image

Tue, 19 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Investors in Medical - Biomedical and Genetics sectors are evaluating Halozyme Therapeutics (HALO) and Amicus Therapeutics (FOLD) for potential undervalued stock opportunities.

Why It Matters - The comparison between Halozyme Therapeutics and Amicus Therapeutics highlights potential investment opportunities in undervalued biotech stocks, influencing portfolio decisions in the sector.

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Saul Ortega and David Rogers have filed a case against the Office of the Comptroller of the Currency. Details on the nature of the lawsuit are not specified.

Why It Matters - The lawsuit against the Office of the Comptroller of the Currency could signal regulatory changes or risks, affecting bank operations and investor confidence in financial institutions.

News Image

Thu, 07 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - FOLD reported third-quarter 2024 earnings and sales that exceeded Zacks Consensus estimates and has raised its financial guidance for the year.

Why It Matters - FOLD's earnings and sales surpassing estimates, along with raised guidance, signal strong performance and growth potential, likely boosting investor confidence and stock value.

...

FOLD Frequently asked questions

The highest forecasted price for FOLD is $21 from at Leerink Swann.

The lowest forecasted price for FOLD is $14 from Joseph Schwartz from SVB Leerink

The FOLD analyst ratings consensus are 11 buy ratings, 2 hold ratings, and 0 sell ratings.