How Much Upside is Left in PepGen (PEPG)? Wall Street Analysts Think 75.44%

Core Viewpoint - PepGen, Inc. (PEPG) has seen a 22.6% increase in share price over the past four weeks, closing at $5.7, with a mean price target of $10 indicating a potential upside of 75.4% according to Wall Street analysts [1] Price Targets and Analyst Estimates - The mean estimate consists of six short-term price targets with a standard deviation of $5.83, where the lowest estimate is $3.00 (47.4% decline) and the highest is $20.00 (250.9% increase) [2] - A low standard deviation suggests a high degree of agreement among analysts regarding the stock's price movement, which can serve as a starting point for further research [9] Earnings Estimates and Analyst Sentiment - Analysts have shown increasing optimism about PEPG's earnings prospects, with a strong consensus on higher EPS estimates, which correlates with potential stock price increases [11] - In the last 30 days, four earnings estimates have been revised upward, leading to an 11% increase in the Zacks Consensus Estimate for the current year [12] Zacks Rank and Investment Potential - PEPG holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside [13] - While consensus price targets may not be entirely reliable, the implied direction of price movement appears to be a useful guide for investors [14]