Why These 24 Stocks Are Skyrocketing

Page 15 of 23

9. Kodiak Sciences Inc. (NASDAQ:KOD)

Q4 Returns as of December 31, 2024: 281%

On December 31, KOD’s stock price reached $9.95 from $2.61 on September 30, 2024, returning 281% in the fourth quarter of 2024, as investors placed their bets on the stock. Consequently, Street’s high price target of $20 represents an upside of 119% from current levels.

Earlier in December 2024, analyst firm Jefferies also shared their bullish sentiment on the stock upgrading their rating from hold to buy with a price target of $20.

As the company transitions to a tech revolution, investors and analysts place high hopes on KOD’s research and development and commercial activities. In addition to that, in the third quarter of 2024, the company accelerated the commercialization of several of its clinical programs, emphasizing its growing position in the industry.

Page 15 of 23