Bullish Case: CEO Anne Wojcicki's decision to potentially take 23andMe private might stabilize the company's financials and restore investor confidence, freeing it from public market pressures while focusing on lucrative drug development and comprehensive data use.


Bearish Case: Continued issues with data breaches, declining revenue, and customer dissatisfaction with privacy practices paint a bleak picture. Regulatory scrutiny and legal challenges threaten potential recovery, especially if the private transition struggles.


Potential Outcomes:

1. Private transition succeeds (35%): Drives focus, stabilizes operations.

2. Drug development breakthroughs (20%): Positive trials enhance valuation.

3. Legal resolution worsens (25%): Fines and loss of customer trust.

4. Continued revenue decline (20%): Ongoing operational challenges.


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April 23, 2024


23andMe Forecast

ME        23andMe
Price Forecast: BEARISH    Price Action: RANDOM (?)











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