Back

Bullish Case: Avid Bioservices' achievements in operating efficiency and potential industry growth, coupled with insider buying, suggest underlying value may rebound despite recent hardships.


Bearish Case: Recent significant sales misses, ongoing weak financial guidance, and a high price-to-book ratio signal possible continued struggles or even further declines in CDMO's stock price.


Potential Outcomes:

1) New partnerships lead to revenue growth (30%).

2) Market sentiment deteriorates, dragging price further (50%).

3) Stability through cost management, leading to minor recovery (20%).


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 19, 2024


Avid Bioservices Forecast

CDMO        Avid Bioservices
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with CDMO



GOOS Forecast + Options Trading Strategies   GOOS  Canada Goose Holdings Inc (Subord Vot Shs) (0.92)


SKIN Forecast + Options Trading Strategies   SKIN  Beauty Health Company (The) (0.9)


ILMN Forecast + Options Trading Strategies   ILMN  Illumina (0.9)


ESTA Forecast + Options Trading Strategies   ESTA  Establishment Labs (0.89)


FMC Forecast + Options Trading Strategies   FMC  FMC (0.88)



Uncorrelated Stock Forecasts

Assets with little price relationship to CDMO



LMND Forecast + Options Trading Strategies   LMND  Lemonade (-0.0)


SG Forecast + Options Trading Strategies   SG  Sweetgreen (0.0)


SHAK Forecast + Options Trading Strategies   SHAK  Shake Shack (0.0)


NCLH Forecast + Options Trading Strategies   NCLH  Norwegian Cruise Line (-0.0)


SIGA Forecast + Options Trading Strategies   SIGA  SIGA (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CDMO



AFL Forecast + Options Trading Strategies   AFL  Aflac (-0.85)


PDD Forecast + Options Trading Strategies   PDD  Pinduoduo (-0.85)


CCJ Forecast + Options Trading Strategies   CCJ  Cameco (-0.87)


ATGE Forecast + Options Trading Strategies   ATGE  Adtalem Global Education (-0.89)


LPG Forecast + Options Trading Strategies   LPG  Dorian LPG (-0.9)





Become a more profitable investor with AI optimized trading strategies






×

Chat with CDMO


 Ask me any question!