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Asset logo for symbol ZYME
Zymeworks
ZYME64
$12.04arrow_drop_up2.90%$0.34
Asset logo for symbol ZYME
ZYME64

$12.04

arrow_drop_up2.90%

AI Deep-Learning Forecast (ZYME)

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Zymeworks (ZYME) Stocklytics Forecast

Zymeworks Inc (ZYME) is a biopharmaceutical company that specializes in the development of multifunctional protein therapeutics. With a focus on precision medicine, Zymeworks is revolutionizing the treatment of cancer and other complex diseases. The company's innovative approach leverages its proprietary Azymetric™ and EFECT™ platforms to engineer bi-specific antibodies and antibody-drug conjugates (ADCs) with enhanced potency and reduced toxicity. These next-generation therapies have the potential to significantly improve patient outcomes.
Looking ahead, the stock price forecast for Zymeworks Inc (ZYME) is highly positive. Analysts predict that the company's strategic partnerships and robust pipeline will drive substantial revenue growth in the coming years. Zymeworks has formed collaborations with renowned pharmaceutical companies, such as Merck, Eli Lilly, and Daiichi Sankyo, which not only provide a strong endorsement of its technology but also offer significant financial support. As these partnerships continue to bear fruit, Zymeworks is poised for substantial success.
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Frequently Asked Questions

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What is the analyst price prediction for Zymeworks (ZYME) stock?

Analysts have set a target price of $12.12 for Zymeworks (ZYME), based on forecasts from 26 analysts. The predicted price range extends from a high of $27 to a low of $8. This represents a potential increase of up to 124.25% and a decrease of -33.55% from the current price of $12.04. These forecasts are as of 2022 May 27.
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What are the analyst ratings for Zymeworks (ZYME) stock?

The analyst ratings for Zymeworks (ZYME) are distributed as follows: 3 analysts recommend buying, 0 have a neutral stance, and 1 suggest selling. The prevailing sentiment among the total of 4 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering Zymeworks .
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What is the AI price prediction for Zymeworks (ZYME) stock?

The AI price prediction model, leveraging machine-learning techniques, forecasts that Zymeworks (ZYME) stock could reach $11.95 by 2024 Sep 30. This prediction indicates a potential price change of -0.78%. The forecast has a lifetime of 30 days, culminating on the target date provided. The prediction was made on 2024 Sep 09.

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