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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



ABUS Forecast + Options Trading Strategies   [ABUS]  Arbutus Biopharma (0.93)


XBI Forecast + Options Trading Strategies   [XBI]  SPDR Biotech (0.92)


MRK Forecast + Options Trading Strategies   [MRK]  Merck (0.9)


PI Forecast + Options Trading Strategies   [PI]  Impinj (0.89)


PAGS Forecast + Options Trading Strategies   [PAGS]  PagSeguro Digital (0.87)



Uncorrelated Stock Forecasts

Assets with little price relationship to VKTX



FTI Forecast + Options Trading Strategies   [FTI]  TechnipFMC (-0.0)


CC Forecast + Options Trading Strategies   [CC]  Chemours (-0.0)


SM Forecast + Options Trading Strategies   [SM]  SM Energy (0.01)


FXY Forecast + Options Trading Strategies   [FXY]  Invesco CurrencyShares Japanese Yen (0.01)


ZM Forecast + Options Trading Strategies   [ZM]  Zoom Video Communications (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against VKTX



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


EQT Forecast + Options Trading Strategies   [EQT]  EQT (-0.77)


FNGR Forecast + Options Trading Strategies   [FNGR]  FingerMotion (-0.79)


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


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





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