NBIX Forecast + Trading Strategies


Bullish Case: NBIX exhibits a robust pipeline with recent positive clinical trials. Despite insider selling, financials reveal durable revenue growth and notable EPS jumps, underscoring underlying operational efficiency and market confidence.


Bearish Case: Recent insider sales signal potential overvaluation and discomfort with current stock prices. Market uncertainties coupled with a high price-to-book ratio point towards possible corrections, especially if anticipated product approvals falter.


Potential Outcomes:

1. Successful upcoming product trials could uplift stock further, probability 50%.

2. Delays or denials in FDA approvals could trigger corrections, probability 30%.

3. Continued insider selling could dampen investor sentiment, 20% chance.


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April 30, 2024


Neurocrine Biosciences Forecast

NBIX        Neurocrine Biosciences
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)











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