7 Stocks from Companies That Can't Stop Talking About AI - 2 of 7

 
 

#2 - CRSPR Therapeutics (NASDAQ:CRSP)

CRSPR Therapeutics AG (NASDAQ: CRSP) is a leader in the field of gene editing. This is becoming a closely watched sector for investors. CRSPR shows how AI, combined with the company's existing CRISPR/Cas 9 platform, provides more precision for modifying gene mutations.  

AI is also a powerful tool for gene prediction since it can analyze a large quantity of data and create a knowledge model. Ideally, this will speed up the development of new cancer treatments and vaccine development.  

In 2024, CRSPR, in partnership with Vertex Pharmaceuticals, Inc. (NASDAQ: VRTX), received FDA approval, the first-of-its-kind for a CRISPR-based medicine. Casgevy is a gene-editing drug for sickle-cell disease.  

CRSP stock has been up 56% in the last 12 months, with much of that gain coming in the last six months in anticipation of FDA approval. However, the stock is up 101% in the last five years and analysts are beginning to raise their price targets for the stock.  

About CRISPR Therapeutics

CRISPR Therapeutics is a gene-editing company focused on developing transformative gene-based medicines for serious diseases using its proprietary CRISPR/Cas9 platform. CRISPR/Cas9 is a revolutionary gene-editing technology that allows for precise, directed changes to genomic DNA. CRISPR Therapeutics has established a portfolio of therapeutic programs across a broad range of disease areas including hemoglobinopathies, oncology, regenerative medicine and rare diseases. Read More 
Current Price
$56.22
Consensus Rating
Hold
Ratings Breakdown
8 Buy Ratings, 7 Hold Ratings, 2 Sell Ratings.
Consensus Price Target
$73.93 (31.5% Upside)

 

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