Overview
Viking Therapeutics Q2 net loss of $65.6 mln misses analyst expectations
EPS for Q2 misses estimates due to higher R&D and admin expenses
Company maintains strong cash position of $808 mln to support clinical trials
Outlook
Company expects top-line results from VENTURE-Oral study in 2H25
Viking plans IND submission for DACRA program in 4Q25
Amylin program IND filing expected in Q4 2025
Result Drivers
PHASE 3 TRIALS - Initiation of Phase 3 VANQUISH trials for VK2735 in obesity and type 2 diabetes
PHASE 2 ENROLLMENT - Completion of enrollment for Phase 2 VENTURE-Oral Dosing trial
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 EPS | Miss | -$0.58 | -$0.45 (19 Analysts) |
Q2 Net Income | Miss | -$65.56 mln | -$51.60 mln (16 Analysts) |
Q2 Income from Operations | Miss | -$74.57 mln | -$59.10 mln (15 Analysts) |
Q2 Operating Expenses | $74.57 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the biotechnology & medical research peer group is "buy"
Wall Street's median 12-month price target for Viking Therapeutics Inc is $101.00, about 68.2% above its July 22 closing price of $32.10
Press Release: ID:nPn9SCNZpa
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)