Why Viking Therapeutics Stock Popped Again Today

From NASDAQ.: 2025-04-29 12:24:00

Shares of Viking Therapeutics (NASDAQ: VKTX) surged 12.5% on Tuesday following positive analyst support. Cantor Fitzgerald analyst Steven Seedhouse predicts the stock could quadruple to $104 in a year due to the potential success of the VK2735 weight loss drug in phase 3 trials. Seedhouse highlights the drug’s superior formulation compared to Eli Lilly’s tirzepatide, anticipating it to become a blockbuster. However, the success of the drug remains uncertain until clinical trial data is released. The Motley Fool advises caution and diversification in investing in Viking Therapeutics.

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