Capital And Dilution RiskAnalyst valuation assumptions include potential equity raises, creating a dilution risk that could reduce per-share returns if additional financing is required.
Clinical And Competitive RiskFailure of VYD2311 or other clinical programs to meet endpoints, or strong competition from alternative prophylactics and vaccines, could significantly weaken valuation and commercial prospects.
Commercial Adoption TimingBroader medical adoption depends on clear trial results and updated treatment guidance, meaning widespread uptake may be delayed and limit near-term revenue growth.