Arrowhead Pharma (ARWR) Stock Surges 481% as Analysts Bet Big on Plozasiran
Arrowhead Pharmaceuticals has become a Wall Street darling, its shares soaring 481% over the past year. The rally accelerated this week after Morgan Stanley upgraded the stock to Overweight with a $100 price target—a 39% upside from current levels.
The biotech's fortunes hinge on plozasiran, its experimental treatment for severe hypertriglyceridemia. Phase 3 data expected in Q3 2026 could unlock what analyst Michael Ulz calls a "multibillion-dollar opportunity." Morgan Stanley now models peak sales at $3.2 billion, nearly double prior estimates.
Bank of America echoed the optimism, projecting a $3 billion market for the drug. The bullish calls come as ARWR shares gained another 3.9% Tuesday, extending their year-to-date rise to 8.2%.
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