Design Therapeutics

DSGN · NASDAQ

$11.10+$0.46 (+4.32%)TodayMarket closed ·
Prev close $10.64

DSGN analyst rating

BuyConsensus of 6 analysts over the last 12 months. 100% rate it a buy.
  • Strong buy0
  • Buy6
  • Hold0
  • Underperform0
  • Sell0

12-month price target · 8 analysts

Average $21.42 (+93.0% upside)

Low
$20.20
Now
$11.10
High
$23.10

Upgrades and downgrades

The latest rating actions, newest first

DSGN analyst upgrades, downgrades and rating actions
FirmDateActionRating
Wells FargoOct 2, 2026InitiatesOverweight
OppenheimerMay 4, 2026MaintainsOutperform
JefferiesMar 16, 2026InitiatesBuy
RBC CapitalMar 10, 2026MaintainsOutperform
OppenheimerJan 7, 2026InitiatesOutperform
Leerink PartnersDec 3, 2025UpgradeMarket Perform → Outperform
RBC CapitalNov 20, 2025UpgradeSector Perform → Outperform
RBC CapitalNov 6, 2025MaintainsSector Perform

The case for and against

Updated Nov 28, 2024

Bull case

Design Therapeutics Inc. is experiencing promising advancements in its clinical-stage programs, particularly with the new formulation of DT-216 for Friedreich ataxia (FA), which has shown improvements in both tolerability and pharmacokinetics. The recent clearance of the DT-168 IND for Fuchs endothelial corneal dystrophy (FECD) by the FDA signifies regulatory progress that could enhance the company's development pipeline. These developments suggest a positive momentum for Design Therapeutics, as advancements in safety profiles and early-stage data may indicate future growth potential and value enhancement for investors.

Bear case

Design Therapeutics Inc faces significant downside risks stemming from potential setbacks in its product candidate developments, particularly with DT-216 and its GeneTACTM programs targeting Friedreich ataxia and Fuchs endothelial corneal dystrophy. The company's recent earnings report highlighted a need for operational expense reductions, indicating a potential misalignment of its cash runway with strategic priorities, as evidenced by an $13.3 million R&D expenditure that fell short of expectations. Furthermore, multiple regulatory and clinical risks could hinder the company's progress, including the possibility of unexpected safety signals, failure to demonstrate clinical efficacy, and challenges in achieving necessary regulatory approvals and commercialization.

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