Bullish Case: ALT's pemvidutide obesity drug presents compelling weight loss data, likely to create market impact. Insider buying and support from analysts suggest growing confidence.


Bearish Case: ALT's HepTcell failure refocuses risk on the remaining pipeline, with high volatility and recent drops signaling potential uncertainty and further downside.


Potential Outcomes:

1) Positive Phase 2b results for obesity drug by Q1 2025 (40% probability);

2) Persistent bearish sentiment due to HepTcell phase II failure (30%);

3) Muted response as market factors risks (30%).


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April 13, 2024


Altimmune Forecast

ALT        Altimmune
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)











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