Why COMPASS Pathways plc (CMPS) Draws Both Optimism and Caution

COMPASS Pathways plc (NASDAQ:CMPS) is among the Best Get Rich Fast Stocks to Buy Right Now. As of December 24, COMPASS Pathways plc (NASDAQ:CMPS) has a ‘Buy’ oregon equivalent standing from the bulk of the analysts covering the stock. With a people terms scope of $8 to $40, the median terms people of $15 translates to an upside imaginable of 119.14% from the existent price.

On December 17, Gavin Clark-Gartner, an expert astatine Evercore ISI, reaffirmed a ‘Hold’ standing connected COMPASS Pathways plc (NASDAQ:CMPS), keeping a terms people of $8. This reflects an upside imaginable of 16.87% from the existent level.

Photo by Anthony Tran connected Unsplash

Earlier, connected December 9, Oppenheimer upgraded COMPASS Pathways plc (NASDAQ:CMPS) to Outperform from Perform, with a terms people of $15. This revision is driven by the prospects of the company’s psilocybin therapy for treatment-resistant depression. The steadfast believes that the company’s psilocybin-based therapy, COMP360, is well-positioned to pb the translation of psychedelic medicine successful neuropsychiatry.

Oppenheimer sees a grounds income accidental of astir $1.5 cardinal for the treatment, which appears important considering the company’s existent marketplace capitalization of implicit $600 million. The probe steadfast besides noted that COMPASS Pathways plc (NASDAQ:CMPS) is poised to beforehand beyond cardinal upcoming catalysts, fixed its beardown fiscal footing with an capable currency runway, and expects it to payment from an early-mover vantage successful the psychedelics space.

COMPASS Pathways plc (NASDAQ:CMPS) is simply a London-based biotechnology institution emphasizing intelligence health. Founded successful 2020, the institution is committed to intelligence well-being.

While we admit the imaginable of CMPS arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None.