Bullish Case: FDA alignment and mean-reverting price action hint at upside potential following any positive development in ANX007's trial outcomes or strategic partnerships.


Bearish Case: Sustained high cash burn, imminent need for capital raise, and uncertain trial outcomes underscore downside risk, alongside a weak near-term performance.


Potential Outcomes:

1) Positive trial results for ANX007 (35%);

2) Need for capital raise (50%), possibly dilutive;

3) Acquisition interest (20%), contingent on trial data;

4) Market overreaction to short-term events (40%).


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April 03, 2024


Annexon Forecast

ANNX        Annexon
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)











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