Wall Street Predicts These 2 Sub-$5 Stocks Have More Than 200% Upside

: PRVB | Provention Bio, Inc. News, Ratings, and Charts

PRVB – Concerns over the Federal Reserve’s aggressive interest rate hikes to fight elevated inflation and the possibility of the economy tipping into a recession have fostered significant volatility in the market of late. Despite the market uncertainties, Wall Street analysts expect fundamentally sound sub-$5 stocks Provention Bio (PRVB) and Trevi (TRVI) to rally more than 200% in the near term. So, these stocks could be worth adding to your watchlist now. Read on….

Investors’ concerns over the Fed’s tightening monetary policy to combat persistently high inflation and the possibility of a recession have kept the stock market under tremendous pressure lately. Moreover, the Fed is expected to raise interest rates by 75 basis points next month, followed by 50 basis points in September.

Slowing growth and ongoing monetary tightening have weighed heavily on the market sentiment. However, experts believe it will be wise to stay invested, and running to the sidelines could lead to lower returns in the long term.

Despite the risk-off environment, Wall Street analysts expect low-priced stocks Provention Bio, Inc. (PRVB) and Trevi Therapeutics, Inc. (TRVI) to surge exponentially in the near term. So, we think these stocks could be ideal additions to your watchlist.

Provention Bio, Inc. (PRVB)

PRVB is a clinical-stage biopharmaceutical company that focuses on developing and commercializing therapeutics and solutions to intercept and prevent immune-mediated diseases.

The company’s product candidates include PRV-031 teplizumab and monoclonal antibodies (mAb) for treating type one diabetes, PRV-3279 to treat lupus, and PRV-015 for gluten-free diet non-responding celiac disease. It has a market capitalization of $250.40 million.

In May, PRVB announced the FDA acceptance for review of Teplizumab Biologics License Application (BLA) resubmission for the delay of clinical type 1 diabetes in at-risk individuals. The FDA has assigned a user fee goal date of August 17, 2022.

“We are looking forward to sharing the progress of our commercial launch plans in anticipation of, if approved by FDA, bringing the first-ever disease-modifying therapy to the T1D clinical community and the patients and their families who have remained substantially underserved and frustrated for generations,” said Ashleigh Palmer, PRVB’s CEO & Co-Founder.

In the fiscal 2022 first quarter ended March 31, 2022, PRVB’s collaboration revenue amounted to $580,000, and its net interest income improved 103.6% from the year-ago value to $57,000. As of March 31, 2022, the company’s cash, cash equivalents, and marketable securities came in at $113.36 million, while its total assets stood at $122.46 million.

The $7.46 million consensus revenue estimate for the fiscal year 2022, ending December 2022, represents a 434.6% improvement from the previous year. Analysts expect PRVB’s EPS for fiscal 2023 (ending December 2023) to grow 38.1% year-over-year.

The stock has declined 30.4% year-to-date to close the last trading session at $3.91.

However, the 12-month median price target of $13.00 indicates a 232.5% potential upside. The price targets range from a low of $13.00 to a high of $16.00. Of the five Wall Street analysts that rated PRVB, four rated it Buy, while one rated it Hold.

Trevi Therapeutics, Inc. (TRVI)

TRVI is a clinical-stage biopharmaceutical company. It focuses on the development and commercialization of Haduvio to treat severe neurologically mediated conditions. The company has a license agreement with Endo Pharmaceuticals Inc. to develop and commercialize products incorporating nalbuphine hydrochloride in any formulation. TRVI has a market capitalization of $94.78 million.

Yesterday, TRVI reported positive results from its Phase 2b/3 Pruritus Relief through Itch-Scratch Modulation (PRISM) trial of Haduvio in treating prurigo nodularis.

“This positive trial in prurigo nodularis, along with the highly statistically significant data from the interim analysis of our Phase 2 trial in IPF chronic cough that we presented earlier this year, further supports our belief that Haduvio could potentially benefit patients across a broad range of refractory chronic pruritic and cough conditions,” said Jennifer Good, President, and CEO of TRVI.

In April, TRVI completed a $55 million private placement. The gross proceeds might allow the company to fund the next phase of clinical development for Haduvio in chronic cough in IPF.

As of March 31, 2022, TRVI’s cash and cash equivalents came in at $29.11 million. In addition, the company’s working capital stood at $16.97 million, while its total assets came in at $30.39 million.

The consensus revenue estimate for the fiscal year 2022 (ending December 2022) represents an increase of 49.3% from the last year. TRVI’s shares have gained 255% over the past six months and 213.2% year-to-date to close the previous trading session at $2.45.

Each of the three Wall Street analysts that rated TRVI rated it Buy. The 12-month median price target of $10.00 indicates a 308.1% potential upside.


PRVB shares were trading at $3.98 per share on Thursday morning, up $0.07 (+1.79%). Year-to-date, PRVB has declined -29.18%, versus a -20.27% rise in the benchmark S&P 500 index during the same period.


About the Author: Mangeet Kaur Bouns


Mangeet’s keen interest in the stock market led her to become an investment researcher and financial journalist. Using her fundamental approach to analyzing stocks, Mangeet’s looks to help retail investors understand the underlying factors before making investment decisions. More...


More Resources for the Stocks in this Article

TickerPOWR RatingIndustry RankRank in Industry
PRVBGet RatingGet RatingGet Rating
TRVIGet RatingGet RatingGet Rating

Most Popular Stories on StockNews.com


:  |  News, Ratings, and Charts

History Lessons Say Stocks About to Head Lower Again

Yes, history has a way of repeating itself. Like how periods of high inflation are followed by recessions and bear markets time and time again. Or how periods of high stock valuations often lead to extended bear markets like 2000 to 2003…and yes that may be repeating now. Before you believe that the next bull market has emerged you may want to read this article to appreciate why the odds point to more downside ahead.

:  |  News, Ratings, and Charts

The 3 Top Aerospace and Defense Stocks to Buy Now

The U.S. aerospace and defense industry is evolving, supported by lucrative fiscal investments and rapid defense technology advancement. Moreover, given the growing tension between China and Taiwan, it could be wise to add quality aerospace and defense stocks, Lockheed Martin (LMT), L3Harris Technologies (LHX), and Raytheon Technologies Corp. (RTX) to your portfolio now. Continue reading…

:  |  News, Ratings, and Charts

After the Bear Market Rally What Comes Next?

The stock market is in the midst of an impressive and blistering rally. From the mid-June lows, the S&P 500 (SPY) is up 14%, while the Nasdaq Composite is closing in on a 20% gain. Some of the factors behind this rally are extreme bearish positioning, better than expected economic data, marginally positive news on inflation, and odds of a 'soft landing' that have increased from implausible to 'pretty unlikely'. In today's commentary, I want to reiterate why I continue to see this as a 'bear market rally' rather than the start of a new bull market. Then, I want to provide some more insight on the thinking behind today's trade alert. We will conclude with an overview of the portfolio. and a couple of quick notes from my recent visit to Iceland. Read on below to find out more…

:  |  News, Ratings, and Charts

2 Momentum Stocks Crushing the Bear Market

Valero Energy (VLO) and Shell (SHEL) have maintained strong momentum amid the highly uncertain market conditions. With recession fears expected to keep the market under pressure in the near term, it could be wise to buy these stocks now to benefit from their momentum, which might continue for some time based on their fundamental strength irrespective of the market conditions. Read on…

:  |  News, Ratings, and Charts

After the Bear Market Rally What Comes Next?

The stock market is in the midst of an impressive and blistering rally. From the mid-June lows, the S&P 500 (SPY) is up 14%, while the Nasdaq Composite is closing in on a 20% gain. Some of the factors behind this rally are extreme bearish positioning, better than expected economic data, marginally positive news on inflation, and odds of a 'soft landing' that have increased from implausible to 'pretty unlikely'. In today's commentary, I want to reiterate why I continue to see this as a 'bear market rally' rather than the start of a new bull market. Then, I want to provide some more insight on the thinking behind today's trade alert. We will conclude with an overview of the portfolio. and a couple of quick notes from my recent visit to Iceland. Read on below to find out more…

Read More Stories

More Provention Bio, Inc. (PRVB) News View All

Event/Date Symbol News Detail Start Price End Price Change POWR Rating
Loading, please wait...
View All PRVB News