Core Viewpoint - Fulcrum Therapeutics, Inc. (FULC) has shown a significant price increase of 21.5% over the past four weeks, with a mean price target of $19 indicating a potential upside of 58.5% from the current trading price of $11.99 [1] Price Targets and Analyst Estimates - The mean estimate consists of nine short-term price targets with a standard deviation of $6.89, indicating variability among analysts. The lowest estimate is $7.00, suggesting a 41.6% decline, while the highest target is $25.00, indicating a potential surge of 108.5% [2] - A low standard deviation among price targets suggests a high degree of agreement among analysts regarding the stock's price movement direction and magnitude, which can serve as a starting point for further research [9] Earnings Estimates and Analyst Agreement - There is increasing optimism among analysts regarding FULC's earnings prospects, as evidenced by a strong consensus in revising EPS estimates higher, which correlates with potential stock price increases [11] - The Zacks Consensus Estimate for the current year has risen by 1.5% over the past month, with two estimates increasing and no negative revisions [12] - FULC holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating a strong potential for upside [13] Caution on Price Targets - While consensus price targets are often sought after, they may not reliably indicate actual stock price movements, and investors should approach them with skepticism [10]
Wall Street Analysts Think Fulcrum Therapeutics (FULC) Could Surge 58.47%: Read This Before Placing a Bet