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Cantor Fitzgerald on Friday reiterated its Overweight rating and $7.00 price target on Esperion Therapeutics (NASDAQ:ESPR), citing the stock’s significant discount to competitors despite having proven OUTCOMES studies. Currently trading at $1.20, the stock sits well below analysts’ targets ranging from $1.50 to $16.00, according to InvestingPro data.
The research firm noted that Esperion carries much less risk compared to competitors due to its already established clinical results. Cantor highlighted a "continued revenue growth path" for the cholesterol drug manufacturer through multiple avenues. Recent data from InvestingPro shows revenue growth of 13% over the last twelve months, with the company generating $260 million in revenue.
The firm identified the expanded label secured in April 2024 as "the ticket to the game for this drug," representing a key growth driver. Global expansion through existing and recent partnerships, including an upcoming Japanese launch where statin intolerance is more prevalent, was cited as another growth opportunity.
Cantor also pointed to Esperion’s potential for a triplet combination therapy that "may offer best-in-class LDL-C lowering" as an additional factor supporting its positive outlook. This therapy could strengthen the company’s position in the cholesterol management market.
The research firm’s maintained rating comes as Esperion continues to execute its commercialization strategy following its label expansion earlier this year, positioning the company to potentially capture greater market share in the cholesterol treatment space. InvestingPro analysis reveals an overall Financial Health score of "Fair," with additional insights available in the comprehensive Pro Research Report, which provides deep-dive analysis of 1,400+ top stocks.
In other recent news, Esperion Therapeutics reported its Q1 2025 earnings, revealing a significant revenue increase of 63% year-over-year, reaching $65 million, although the company missed earnings per share expectations with an EPS of -$0.21 against a forecast of -$0.16. The company also announced a strategic partnership with HLS Therapeutics, granting them exclusive rights to commercialize NEXLETOL and NEXLIZET in Canada, which includes an upfront payment and potential milestones totaling up to $5 million. Esperion settled a patent litigation case with Hetero USA, ensuring that a generic version of its cholesterol-lowering drug NEXLETOL will not be sold in the U.S. until at least April 2040. Additionally, the company is expanding its international partnerships and focusing on a new product launch in 2027. Esperion’s ongoing patent litigation with other defendants remains unresolved, and there is uncertainty regarding the outcome of these cases. The company is also working on a triple combination product for future release, aiming to provide a comprehensive cardiovascular treatment option. These developments highlight Esperion’s efforts to expand its market reach and address unmet needs in cardiovascular health.
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