Applied Therapeutics: Buying This Beaten-Down, Undervalued Rare Disease Company's Stock

Summary

  • Applied Therapeutics shares were hammered this month after FDA did not agree to accelerated approval for its drug candidate AT-007 in treating galactosemia in children.
  • Investors and sell-side analysts are completely discounting the potential of the pipeline.
  • Even in a conservative scenario, shares could reach $165 by 2028 or 38x upside potential.
  • I provide various scenarios and my calculations on revenue potential, and enterprise value potential.
  • I do much more than just articles at Vasuda Healthcare Analytics: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »

Brain neurons in Tay-Sachs disease, 3D illustration

Dr_Microbe/iStock via Getty Images

Applied Therapeutics (NASDAQ:APLT) shares were hammered this month after FDA did not agree to accelerated approval for its drug candidate AT-007 in treating galactosemia in children and asked for the data from an ongoing

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of APLT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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