We recently compiled a list of the 20 Best Biotech Stocks Under $20 to Buy Now. KalVista Pharmaceuticals, Inc. (NASDAQ:KALV) is placed twelfth on our list. TheFly reported on January 29 that TD Cowen analyst Stacy Ku raised its price target on KALV to $35 from $30 and maintained a Buy rating. The adjustment followed an update to the firm’s financial model ahead of KALV’s upcoming fourth-quarter results. TD Cowen Bullish on KalVista Pharmaceuticals, Inc. (KALV) Ahead of Q4 Results Additionally, earlier o ...

Core Viewpoint - KalVista Pharmaceuticals, Inc. (KALV) has seen a 1% increase in share price over the past four weeks, closing at $15.61, with analysts suggesting a potential upside of 116.4% based on a mean price target of $33.78 [1] Price Targets - The average price target from nine analysts ranges from a low of $22.00 to a high of $39.00, indicating a standard deviation of $5.4, which reflects the variability of estimates [2] - The lowest estimate suggests a 40.9% increase from the current price, while the highest estimate indicates a 149.8% upside [2] Analyst Sentiment - Analysts show strong agreement regarding KALV's potential for better earnings, as indicated by positive revisions in earnings estimates, which historically correlate with stock price movements [4][11] - The Zacks Consensus Estimate for the current year has risen by 12.6% over the past month, with two estimates increasing and no negative revisions [12] Zacks Rank - KALV holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, suggesting a strong potential for upside [13] Conclusion on Price Movement - While the consensus price target may not be entirely reliable, the direction indicated by these targets appears to be a useful guide for potential price movement [14]

KalVista Pharmaceuticals, Inc. (KALV) closed the last trading session at $15.24, gaining 2.6% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $33.22 indicates an 118% upside potential.The mean estimate comprises nine short-term price targets with a standard deviation of $5.52. While the lowest estimate of $22.00 indicates a 44.4% increase from the current price level, the most opti ...

Core Insights - KalVista Pharmaceuticals reported early commercial momentum for its hereditary angioedema treatment EKTERLY, with increasing prescriber adoption and repeat prescriptions following its mid-2025 launch [1] Group 1: Product Launch and Market Performance - EKTERLY received FDA approval in July 2025 as the first and only oral on-demand treatment for acute attacks of hereditary angioedema in patients aged 12 and older [2] - The company disclosed preliminary net product revenue of approximately $35 million for Q4 and $49 million for fiscal year 2025, following the commercial launch in July 2025 [3] - Prescription refills have overtaken new prescriptions as the primary revenue driver, indicating growing continuity of use among patients [4] Group 2: Expansion and Future Plans - KalVista has granted Multicare Pharmaceuticals exclusive rights to commercialize sebetralstat in Latin America, overseeing regulatory approvals and distribution in Brazil, Argentina, Colombia, and Mexico [4][5] - The company completed enrollment in the Phase 3 KONFIDENT-KID trial for children aged 2 to 11 with hereditary angioedema, finishing a year ahead of schedule, with plans to submit a new drug application in Q3 2026 [5] Group 3: Stock Performance - KalVista Pharmaceuticals stock increased by 13.18%, reaching $17.86 at the time of publication [6]

KalVista Pharmaceuticals Corporate Overview January 2026 1 Forward-looking statements This presentation and the accompanying oral commentary contain forward-looking statements that are based on our management's beliefs and assumptions and on information currently available to our management. For this purpose, any statements that are not statements of historical fact may be deemed forward-looking statements. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be ...

Group 1 - Greenbrier Companies Inc reported earnings of $1.14 per share, exceeding market estimates of $0.87 per share, with quarterly sales of $706.1 million compared to expectations of $626.3 million [1][1][1] - WD-40 Co experienced worse-than-expected first-quarter financial results, leading to a 9.1% decline in shares to $185.00 in after-hours trading [1][1][1] - General Motors Co announced it will incur approximately $7.1 billion in fourth-quarter charges related to electric vehicle impairments and restructuring costs in China, resulting in a 1.5% drop in shares to $83.89 [1][1][1] - Kalvista Pharmaceuticals Inc projected preliminary global net product revenue of $35 million to $49 million for the fourth quarter, causing shares to rise by 14% to $18.04 in after-hours trading [1][1][1] - Aehr Test Systems reported quarterly losses of $0.04 per share, aligning with consensus estimates, but quarterly revenue of $9.88 million fell short of the expected $11.59 million, leading to a 5.3% decrease in shares to $21.50 [1][1][1]

Market Overview - U.S. stock futures showed a recovery from earlier losses, with major benchmark indices trading higher [1] - Rising unrest in Iran influenced investor sentiment, leading to an increase in WTI Crude futures [1] Economic Indicators - The U.S. Supreme Court is expected to announce a ruling on tariffs imposed by President Trump [2] - Investors are anticipating the December jobs report, with the 10-year Treasury bond yielding 4.18% and the two-year bond at 3.50% [2] - The CME Group's FedWatch tool indicates an 86.2% likelihood of the Federal Reserve maintaining current interest rates in January [2] Futures Performance - Dow Jones increased by 0.05%, S&P 500 by 0.08%, Nasdaq 100 by 0.15%, and Russell 2000 by 0.11% [3] - SPDR S&P 500 ETF Trust (SPY) rose by 0.067% to $689.97, while Invesco QQQ Trust ETF (QQQ) advanced by 0.084% to $620.99 [3] Company Highlights - General Motors (NYSE: GM) saw a decline of 0.63% after reporting a $7.1 billion loss from electric vehicle investments [5] - Rio Tinto PLC ADR (NYSE: RIO) dropped 2.46% amid merger talks with Glencore [5] - Tilray Brands Inc. (NASDAQ: TLRY) surged by 8.32% after exceeding earnings expectations in its second-quarter report [5] - Offerpad Solutions Inc. (NYSE: OPAD) surged by 38.82% following a new proposal by President Trump impacting the housing market [13] - Kalvista Pharmaceuticals Inc. (NASDAQ: KALV) shares increased by 13.65% after reporting preliminary global net product revenue of $35 million to $49 million for the fourth quarter [13] Sector Performance - U.S. markets experienced broad gains, particularly in the Energy and Consumer Staples sectors, while Information Technology and Health Care sectors posted losses [7] Analyst Insights - Scott Wren from Wells Fargo Investment Institute emphasizes the importance of focusing on economic and policy trends rather than daily news [9] - Wren identifies four key pillars for the year: resilient AI capital spending, significant tax benefits, continued Federal Reserve rate cuts, and deregulation [9] - He sees opportunities in Industrials and Utilities, as well as Midstream Energy and Industrial Metals like copper, to support infrastructure development [10][11]

Core Insights - Several biotechnology and pharmaceutical companies experienced significant stock price increases in after-hours trading, driven by corporate updates, clinical milestones, and acquisition speculation [1] Company Updates - China SXT Pharmaceuticals, Inc. (SXTC) saw a 13.6% increase to $1.42, following the announcement of its Strategic Artificial Intelligence Insights Initiative aimed at integrating AI-driven analytics into product planning and market intelligence [2] - Revolution Medicines, Inc. (RVMD) surged 15.1% to $123.65 after reports of Merck's acquisition talks and the FDA granting Breakthrough Therapy Designation to its drug zoldonrasib for treating specific lung cancer patients [3] - KalVista Pharmaceuticals, Inc. (KALV) advanced 14.0% to $18.04 after reporting preliminary unaudited global net product revenue results for Q4 and the full year ended December 31, 2025, along with other operational indicators [4] - Zentalis Pharmaceuticals, Inc. (ZNTL) rose 8.1% to $3.07, likely due to investor reactions to a previous corporate update outlining key milestones for its drug azenosertib [5] - BriaCell Therapeutics Corp. (BCTX) gained 7.3% to $7.81 without new announcements, indicating momentum-driven trading [6] - Sagimet Biosciences Inc. (SGMT) increased 7.7% to $6.00 after announcing plans to present clinical trial results at an upcoming conference, highlighting anti-fibrotic effects observed in patients [7]

Financial Performance - EKTERLY® generated $13.7 million in net product revenue for the third quarter ended September 30, 2025[1]. - The company reported a net loss of $49.5 million for the three months ended September 30, 2025, compared to a net loss of $39.1 million in the same period of 2024[16]. - Research and development expenses decreased to $12.0 million from $18.7 million year-over-year, primarily due to reduced clinical trial expenses[16]. - Selling, general and administrative expenses increased to $46.5 million from $24.8 million year-over-year, driven by commercialization expenses related to EKTERLY[16]. - As of September 30, 2025, the company had approximately $309.2 million in cash, cash equivalents, and marketable securities, expected to fund operations through profitability[8]. Product Adoption and Market Expansion - 937 patient start forms were received in the US, indicating strong adoption as the first and only oral on-demand treatment for hereditary angioedema (HAE)[4]. - EKTERLY was launched in Germany in October 2025, with initial orders indicating encouraging demand[3]. - The company received regulatory approvals for EKTERLY in the US, EU, UK, Switzerland, and Australia, expanding its market reach[4]. - The company anticipates continued growth in patient starts and repeat prescriptions for EKTERLY, reflecting confidence in its clinical value[3]. Funding and Strategic Initiatives - The company successfully closed a $144 million convertible note offering to support its global launch strategy[3].

Core Insights - Jefferies has released a report on the outlook for the U.S. biotech industry in 2026, highlighting key clinical trial data disclosures, new drug approvals, and policy dynamics that could lead to value re-evaluation for companies in the sector [1] Six Preferred Stocks - Jefferies identified six companies as core recommendations for 2026 based on market catalysts and valuation potential: - Dianthus Therapeutics (DNTH.US), target price $66: Focused on claseprubart for various neuromuscular diseases, with peak revenue estimated at $2 billion [2] - Taysha Gene Therapies (TSHA.US), target price $11: TSHA-102 for Rett syndrome, with peak revenue potential of $2 billion and a key trial data disclosure expected by the end of 2026 [2] - Tyra Biosciences (TYRA.US), target price $32: Dabogratinib for bladder cancer and achondroplasia, with critical data expected next year [3] - Tango Therapeutics (TNGX.US), target price $14: Collaboration with Revolution Medicines for a pancreatic cancer treatment, with data expected in mid-2026 [3] - ORIC Pharmaceuticals (ORIC.US), target price $23: Two potential assets targeting prostate cancer and lung cancer, with key data expected next year [4] - Solid Biosciences (SLDB.US), target price $15: Focused on gene therapy for Duchenne muscular dystrophy, with critical meetings with the FDA planned for 2026 [4] Seven Undervalued Companies - The report also highlighted seven undervalued companies with significant catalysts: - Ultragenyx Pharmaceutical (RARE.US), target price $114: Expected key catalysts in 2026, including data for treatments for osteogenesis imperfecta and Angelman syndrome [5] - Beam Therapeutics (BEAM.US), target price $41: Updates on AATD therapy and SCD therapy expected in 2026, showcasing strong potential [5] - Aurinia Pharmaceuticals (AUPH.US), target price $21: Steady growth in lupus nephritis treatment, with new drug development paths expected to expand growth [6] - Kodiak Sciences (KOD.US), target price $39: Anticipated data from three pivotal trials in 2026, with significant potential for stock volatility [7] - Intellia Therapeutics (NTLA.US), target price $45: Key data for hereditary angioedema therapy expected in mid-2026, with sufficient cash reserves to support operations [7] - Compass Therapeutics (CMPX.US), target price $8: Data for cholangiocarcinoma therapy expected in early 2026, with a significant market opportunity [8] - KalVista Pharmaceuticals (KALV.US), target price $38: First oral treatment for hereditary angioedema expected to see rapid growth in 2026 [8] Five Potential Acquisition Targets - Jefferies identified five companies that may become acquisition targets in 2026 due to their unique assets or market positions: - Arrowhead Pharmaceuticals (ARWR.US): Strong RNAi product line for cardiovascular and metabolic diseases [9] - Celcuity (CELC.US): Unique efficacy of gedatolisib in breast cancer [9] - ORIC Pharmaceuticals: High-value prostate and lung cancer projects [9] - Travere Therapeutics (TVTX.US): Potential for significant market expansion in rare kidney diseases [9] - KalVista Pharmaceuticals: First-mover advantage in oral HAE treatment [9]