Jul. 8 at 11:11 AM
$IVVD By now, management should know whether they delivered on its target for breakeven in 2Q. They can pre announce it. If they don’t, then the risk of market perceiving it as missed (like what happened with 1Q number). They pre announced surprised 3Q and 4Q 2024, but remained silent for 1Q 2025 which turned out bad. If that target confirmed missed (at earning release), then the stock is broken and credibility lost. They deserved the benefit of the doubt for 1Q as internalising sales team. No more excuses; Pemgarda has no competition, gross margin above 90% and core market of at least 0.5m patients. Either there is no meaningful market size/demand or management unable to execute and deliver. If target is achieved, then expect revaluation for the stock from this depressed level. Consistent sequential growth and profit should propel the stock towards it analysts target
$5-
$9. Until the market gets clarity, the stock is likely languishing or facing down pressure.