From what 0 stock analysts predict, the share price for Adlai Nortye Ltd. - American Depositary Shares (ANL) might increase by 378.72% in the next year. This is based on a 12-month average estimation for ANL. Price targets go from $9 to $9. The majority of stock analysts believe ANL is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
ANL is a stock in Healthcare which has been forecasted to be worth $9 as an average. On the higher end, the forecast price is $9 USD by Joseph Pantginis from HC Wainwright & Co. and on the lower end ANL is forecasted to be $9 by Joseph Pantginis from HC Wainwright & Co..
These are the latest 20 analyst ratings of ANL.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Joseph Pantginis HC Wainwright & Co. | Buy | $9 | Initiates | Sep 4, 2024 |
Louise Chen Cantor Fitzgerald | Overweight | Reiterates | Jun 20, 2024 | |
Louise Chen Cantor Fitzgerald | Overweight | $30 | Initiates | Oct 24, 2023 |
When did it IPO
N/A
Staff Count
127
Country
Cayman Islands
Sector/Industry
Healthcare/Biotechnology
CEO
Mr. Yang Lu
Market Cap
$69.4M
In 2023, ANL generated $5.0M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that ANL'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
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Adlai Nortye Ltd. (ANL) is now considered technically oversold, indicating a potential exhaustion of heavy selling pressure on the stock.
Why It Matters - ANL being technically oversold signals potential price recovery, attracting buyers and possibly leading to a rebound, which could enhance investor returns.
Summary - Adlai Nortye Ltd. (NASDAQ: ANL) has initiated a Phase II clinical trial, ARTEMIS, for its EP4 antagonist, palupiprant, aimed at treating rectal cancer alongside chemoradiotherapy.
Why It Matters - The initiation of the Phase II trial for Adlai Nortye's cancer therapy could signal advancements in cancer treatment, impacting stock performance and investor sentiment in biotech.
Summary - Adlai Nortye Ltd. (NASDAQ: ANL) will present preliminary data on its cancer therapy AN0025 at the ASCO Annual Meeting from May 31 to June 4, 2024, focusing on esophageal cancer treatment.
Why It Matters - Preliminary data on AN0025 could indicate a significant breakthrough in cancer treatment, potentially boosting Adlai Nortye's stock value and attracting investor interest.
Summary - Adlai Nortye Ltd. (ANL) and Boston Scientific (BSX) have shown performance metrics relative to their sector in 2023. Further details on specific performance were not provided.
Why It Matters - Performance comparisons highlight relative strength or weakness, influencing investment decisions and sentiment towards Adlai Nortye and Boston Scientific within their sectors.
Summary - Adlai Nortye Ltd. (ANL) and Elevance Health (ELV) have shown performance metrics in comparison to their respective sectors in 2023. Further details on performance were not provided.
Why It Matters - The performance comparison of Adlai Nortye and Elevance Health against their sector indicates potential investment opportunities or risks, influencing portfolio decisions.
Summary - Adlai Nortye Ltd. appointed Dr. Archie Tse as Head of Research & Development, effective March 29, 2024, reporting to CEO Carsten Lu. The company focuses on innovative cancer therapies.
Why It Matters - The appointment of Dr. Archie Tse as Head of R&D may signal a strategic shift or enhancement in Adlai Nortye's cancer therapy development, potentially influencing future product pipelines and investor confidence.