Bullish Case: VKTX has demonstrated remarkable growth with successful Phase 1 & 2 trial results for its weight loss drug. With market conditions favoring biotech and potential for a buyout, upside momentum could continue.


Bearish Case: Bearish sentiment could stem from potential regulatory challenges, market saturation with competitors like Novo Nordisk, and recent insider sales raising caution.


Potential Outcomes:

1) VKTX positive Phase 3 results lead to >10% rise (45% chance);

2) Buyout offer boosts stock >30% (25% chance);

3) Regulatory setbacks cause >15% drop (20% chance);

4) Sideways trading (10% chance).


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April 12, 2024


Viking Therapeutics Forecast

VKTX        Viking Therapeutics
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with VKTX



FATE Forecast + Options Trading Strategies   [FATE]  Fate Therapeutics (0.91)


XBI Forecast + Options Trading Strategies   [XBI]  SPDR Biotech (0.91)


MRK Forecast + Options Trading Strategies   [MRK]  Merck (0.89)


PAGS Forecast + Options Trading Strategies   [PAGS]  PagSeguro Digital (0.86)


ITCI Forecast + Options Trading Strategies   [ITCI]  Intra-Cellular Therapies (0.85)



Uncorrelated Stock Forecasts

Assets with little price relationship to VKTX



HSBC Forecast + Options Trading Strategies   [HSBC]  HSBC (0.0)


IYT Forecast + Options Trading Strategies   [IYT]  BlackRock Institutional Trust Company N.A. - iShares U.S. Transportation (0.0)


HE Forecast + Options Trading Strategies   [HE]  Hawaiian Electric Industries (-0.0)


ADP Forecast + Options Trading Strategies   [ADP]  Automatic Data Processing (0.0)


CNQ Forecast + Options Trading Strategies   [CNQ]  Canadian Natural Resources (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against VKTX



EQT Forecast + Options Trading Strategies   [EQT]  EQT (-0.76)


CRK Forecast + Options Trading Strategies   [CRK]  Comstock Resources (-0.76)


FNGR Forecast + Options Trading Strategies   [FNGR]  FingerMotion (-0.78)


XPEV Forecast + Options Trading Strategies   [XPEV]  XPeng (-0.83)


EQNR Forecast + Options Trading Strategies   [EQNR]  Equinor ASA - (-0.87)





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