Humacyte (HUMA) gains momentum with Barclays' Overweight rating, with analysts forecasting a potential market opportunity exceeding $4 billion for the Symvess product. Six analysts have set a one-year price target averaging $9.25, indicating an upside potential of 492.76% from the current share price. The average brokerage recommendation is 2.0, reflecting an "Outperform" status.
Humacyte Inc. (NASDAQ: HUMA) has seen a significant boost in investor confidence following Barclays' initiation of coverage on the company with an Overweight rating. The investment bank has set a price target of $3.50, indicating a potential upside of 492.76% from the current share price of $1.47.
Barclays' analysts have highlighted the market potential of Humacyte's Symvess product, which is currently in its early-stage launch for vascular trauma. The initial indication represents a total addressable market exceeding $600 million. Additionally, the company's platform positions it to pursue further indications, including peripheral artery disease and coronary artery bypass graft surgery, representing a combined market opportunity of over $2 billion.
Humacyte's strong liquidity, as evidenced by a current ratio of 2.45, and established manufacturing facility further support its growth prospects. The company is expected to commercialize its second indication, AV access for dialysis, in 2027, which could unlock an additional $550 million market opportunity.
Analysts have set a one-year price target averaging $9.25, reflecting an "Outperform" status with an average brokerage recommendation of 2.0. Despite mixed second-quarter 2025 earnings, which saw revenue of $301,000 falling short of expectations, analysts remain bullish on Humacyte's long-term prospects.
For more details on Humacyte's financial health and growth prospects, including comprehensive valuation metrics, investors can refer to the full analysis on InvestingPro [1].
References:
[1] https://www.investing.com/news/analyst-ratings/barclays-initiates-humacyte-stock-with-overweight-rating-on-vascular-device-potential-93CH-4211926
Comments
No comments yet