anonymous
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anonymous
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Gee, does this mean that Ricky’s brilliance won’t deliver the goods?
Analyst Forecasts Just Became More Bearish On Karyopharm Therapeutics Inc. (NASDAQ:KPTI) - Simply Wall St News
https://simplywall.st/stocks/us/pha...ts-just-became-more-bearish-on-karyopharm-the
Market forces rained on the parade of Karyopharm Therapeutics Inc.(NASDAQ:KPTI) shareholders today, when the analysts downgraded their forecasts for this year. Revenue estimates were cut sharply as analysts signalled a weaker outlook - perhaps a sign that investors should temper their expectations as well.
Following the downgrade, the consensus from nine analysts covering Karyopharm Therapeutics is for revenues of US$99m in 2021, implying a perceptible 3.7% decline in sales compared to the last 12 months. Losses are forecast to hold steady at around US$2.80. Yet prior to the latest estimates, the analysts had been forecasting revenues of US$119m and losses of US$2.82 per share in 2021. So there's been quite a change-up of views after the recent consensus updates, with the analysts making a serious cut to their revenue forecasts while also making no real change to the loss per share numbers.
The inverse of the Midas touch? The RP touch. Judging from analysts line of questioning, they are not impressed.