How Much Upside is Left in Arvinas (ARVN)? Wall Street Analysts Think 235.09%

Core Viewpoint - Arvinas, Inc. (ARVN) shows potential for significant upside, with a mean price target of $59.21 indicating a 235.1$17.67, based on Wall Street analysts' short-term estimates [1][2]. Price Targets and Estimates - The mean estimate consists of 19 short-term price targets, with a standard deviation of $15.62, indicating variability among analysts [2]. - The lowest price target of$30 suggests a 69.8% increase, while the highest target of $88 implies a potential surge of 398% [2]. - Analysts' price targets can be misleading, as empirical research shows they often do not accurately predict stock price movements [5][6]. Earnings Estimates - Analysts are optimistic about ARVN's earnings prospects, with a consensus indicating better-than-previously estimated earnings [4][9]. - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 12.5%, with eight estimates moving higher and one lower [10]. - ARVN holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [11]. Analyst Agreement - A low standard deviation in price targets suggests a high degree of agreement among analysts regarding the stock's price movement direction [7]. - While price targets should not be the sole basis for investment decisions, they can provide a starting point for further research into fundamental drivers [8][12].