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Wall Street Sees 175% Upside for Viking Therapeutics on Obesity Drug Bet

Analysts cite VK2735's eventual phase 3 results as the potential stock re-rating catalyst.

Overview

  • Yahoo Finance reports an average analyst price target of $93.39 for Viking Therapeutics, implying roughly 175% upside from recent levels.
  • VK2735, a GLP-1 candidate for weight management, is in a 78-week subcutaneous phase 3 trial that completed enrollment in late 2025, with full results expected in 2027.
  • An interim look at the phase 3 study in 2026 is described as possible but not assured.
  • Viking is running a phase 1 maintenance study assessing daily and weekly oral regimens and a monthly injection in patients who previously lost weight on VK2735.
  • Analysts expect limited near-term stock impact from the phase 1 readout given its safety focus, after a year marked by a poorly received data release and underperformance versus the S&P 500.