Wall Street Analysts Predict a 228.87% Upside in Arvinas (ARVN): Here's What You Should Know

Core Viewpoint - Arvinas, Inc. (ARVN) shows significant upside potential with a mean price target of $58.21, indicating a 228.9$17.70 [1] Price Targets - The average comprises 19 short-term price targets ranging from a low of $30 to a high of$82, with a standard deviation of $14.24, suggesting variability in analyst estimates [2] - The lowest estimate indicates a 69.5% increase, while the most optimistic estimate points to a 363.3% upside [2] - A tight clustering of price targets, represented by a low standard deviation, indicates high agreement among analysts about the stock's price movement direction [7] Analyst Sentiment - Analysts show strong agreement in revising earnings estimates higher, which correlates with potential stock price increases [4][9] - The Zacks Consensus Estimate for the current year has increased by 18.1% over the past month, with 10 estimates going higher and one going lower [10] - ARVN currently holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [11] Caution on Price Targets - Solely relying on price targets for investment decisions may not be wise, as empirical research shows that they often mislead investors [5][8] - Analysts may set overly optimistic price targets due to business incentives, which can inflate expectations [6]