FibroGen Inc (NASDAQ: FGEN) Could Soar To Much Higher Prices In Coming Months

In the last trading session, 1.17 million FibroGen Inc (NASDAQ:FGEN) shares changed hands as the company’s beta touched 0.85. With the company’s per share price at $0.34 changed hands at $0.03 or 9.76% during last session, the market valuation stood at $34.78M. FGEN’s last price was a discount, traded about -350.0% off its 52-week high of $1.53. The share price had its 52-week low at $0.18, which suggests the last value was 47.06% up since then.

Analysts gave the FibroGen Inc (FGEN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended FGEN as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight.

FibroGen Inc (NASDAQ:FGEN) trade information

Instantly FGEN was in green as seen at the end of in last trading. With action 15.00%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -35.00%, with the 5-day performance at 15.00% in the green. However, in the 30-day time frame, FibroGen Inc (NASDAQ:FGEN) is 20.06% up.

The consensus price target for the stock as assigned by Wall Street analysts is 28, meaning bulls need an upside of 98.79% from its current market value. According to analyst projections, FGEN’s forecast low is 28 with 28 as the target high. To hit the forecast high, the stock’s price needs a -8135.29% plunge from its current level, while the stock would need to soar -8135.29% for it to hit the projected low.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 11.75%. The 2025 estimates are for FibroGen Inc earnings to decrease by -1.04%, but the outlook for the next 5-year period is at -10.06% per year.

FGEN Dividends

FibroGen Inc is expected to release its next quarterly earnings report in June.

ARMISTICE CAPITAL, LLC holds the second largest percentage of outstanding shares, with 8.9508% or 8.94 million shares worth $7.97 million as of 2024-06-30.

Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD HORIZON FUNDS-Vanguard Capital Opportunity Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . With 3.5 shares estimated at $1.2 million under it, the former controlled 3.46% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 2.89% of the shares, roughly 2.92 shares worth around $1.0 million.

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