BBIO Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: BBIO could surge as impending FDA approval for acoramidis aligns with increased analyst optimism and prior positive trial data, driving potential price targets towards $35-$38.




Bearish Case: Failure to gain FDA approval for acoramidis or disappointing trial results may cause BBIO to retreat to $22, magnified by existing market skepticism and high volatility.




Potential Outcomes:

1) FDA approves acoramidis, driving price to $35 (40% chance).

2) Approval delayed/rejected, price dips to $22 (30% chance).

3) Price stabilizes around $30 amid mixed news (30% chance).




Trading Oracle: Consider executing a bullish debit spread by buying the $30 call and selling the $35 call, targeting substantial upside from the upcoming FDA decision. This leverages high volatilities while managing downside risk effectively.



October 22, 2024


BridgeBio Pharma Forecast

BBIO        BridgeBio Pharma











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