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Kazia Therapeutics gains analyst confidence as its cancer drug shows strong preclinical results.

Analyst Insights
01 Sep 2026
Gordon Thompson
View Source
Bullish
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Kazia Therapeutics received a Buy rating from analyst firm BTIG, which raised its price target to $40, up from $34, reflecting strong confidence in the company's lead drug, paxalisib. The drug showed a 52% tumor reduction in preclinical colorectal cancer models and promising results in breast cancer, prompting an expansion of clinical trials. Kazia also raised $40 million in a recent public offering to support its development efforts. The stock trades around $13, indicating potential growth ahead as the company advances its oncology treatments.

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