Oct. 4 at 3:34 PM
$XERS Folks please don’t forget what mgmt said in Aug 2025..👇👇👇👇👇
Total guidance raised to
$280-
$290MM! This is hell of a positive outlook. Revenue growth expected to be higher in 2025 compared to 2024
by at least 49%! I believe that both outlooks fairly conservative. I expect a 5-10% beat on those outlook based on a super q4 Recorlev revenue no. Also 40 new hires were given stock options last week. Hiring ramped up to increase revenue for Recorlev. 2026 will be a SUPER SUPER year for Xeris. Market cap of
$1.2B is below 4 times next years Revenue. Should be close to 6-7 x 2026 projected Revenue.. Any guesses for 2026 Revenue- my guess at least
$360-380mm: Projected Market Cap s/b 6 x Revenue =
$2.3B.. approx double the current stock price.. this is all without considering progress on Levo.. Bottom line - I reiterated a strong buy and raise 12 month price target to
$18-19 by end of 2026!