Cadonilimab And Ivonescimab Trials Will Broaden Market Access

AN
AnalystConsensusTarget
Consensus Narrative from 20 Analysts
Published
06 Apr 25
Updated
29 Jul 25
AnalystConsensusTarget's Fair Value
HK$118.36
33.0% overvalued intrinsic discount
29 Jul
HK$157.40
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1Y
258.1%
7D
1.8%

Author's Valuation

HK$118.4

33.0% overvalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on29 Jul 25
Fair value Increased 14%

The consensus price target for Akeso has increased, primarily reflecting higher growth expectations as indicated by a substantial rise in the Future P/E, alongside a modestly lower discount rate, resulting in a revised fair value of HK$118.36. What's in the News NMPA accepted Akeso's sNDA for ivonescimab with chemotherapy as first-line treatment for advanced sq-NSCLC following positive Phase III results; ivonescimab now has three accepted applications in China and is in over 12 global Phase III trials across multiple cancers.

Shared on01 May 25
Fair value Decreased 1.70%

AnalystConsensusTarget has decreased future PE multiple from 58.2x to 51.2x and decreased shares outstanding growth rate from 0.0% to -0.0%.

Shared on23 Apr 25
Fair value Increased 16%

Shared on17 Apr 25
Fair value Increased 3.75%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on09 Apr 25
Fair value Increased 2.39%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.