Analyst Price Target is $7.00
▲ +10.24% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Design Therapeutics in the last 3 months. The average price target is $7.00, with a high forecast of $12.00 and a low forecast of $4.00. The average price target represents a 10.24% upside from the last price of $6.35.
Current Consensus is
Hold
The current consensus among 3 contributing investment analysts is to hold stock in Design Therapeutics. This rating has held steady since July 2023, when it changed from a Moderate Buy consensus rating.
Design Therapeutics, Inc. a biopharmaceutical company, researches, designs, develops, and commercializes small molecule therapeutic drugs for the treatment of genetic diseases in the United States. The company utilizes its GeneTAC platform to design and develop therapeutic candidates for inherited diseases caused by nucleotide repeat expansion. Its lead product candidates for potentially disease-modifying treatment comprises Friedreich Ataxia, a monogenic, autosomal recessive, progressive multi-system disease that affects organ systems dependent on mitochondrial function that brings to neurological, cardiac, and metabolic dysfunction; Myotonic Dystrophy Type-1, a dominantly-inherited, monogenic progressive neuromuscular disease affecting skeletal muscle, heart, brain, and other organs; Fuchs Endothelial Corneal Dystrophy, a genetic eye disease characterized by bilateral degeneration of corneal endothelial cells and progressive loss of vision; and Huntington's Disease, a dominantly inherited, monogenic neurodegenerative disease characterized by movement, cognitive, and psychiatric disorders. Design Therapeutics, Inc. was incorporated in 2017 and is headquartered in Carlsbad, California.
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