AMRN Stock (Amarin Corp): Will it Double its Price in 2020?

Here is a stock that is catching investors’ eyes with the possibility of doubling its price in 2020. A big event awaits Amarin Corp. in November when it will be engaged in a face-off with the Food and Drug Administration. The battle will be about the company’s prescription treatment for patients who face the risk of cardiovascular disease.

Amarin Corp. was founded in1989 and happens to be a biopharmaceutical company. Its headquarters are in Dublin, Ireland. The company focuses on the commercial development of medicines for cardiovascular health. Since cardiovascular diseases have become very common, any new development related to its treatment is good news for companies involved in making such therapeutics. Amarin has considerable expertise in lipid science which it leverages for developing and marketing its leading therapeutic Vascepa. 

 Wall Street experts agree that the AMRN stock will rise by an amazing margin of 86% over the next year. Some analysts are actually giving a much higher target for this Biotech companies stop and expect its value to rise over 400% in 2020!

It looks like the Wall Street experts a very optimistic about the company’s prescription treatment Vascepa,and are counting on its success in the battle with the FDA next month. Although the final ruling will come in December, it looks like investors are already happy with the progress of this particular cardiovascular treatment, which has delivered highly successful outcomes inter results. Markets and investors are also counting on the fact that lipid-based treatments for cardiovascular diseases are currently among the best-selling medical products. Some renowned drug companies have already racked in billions of dollars by selling lipid-based cardiovascular treatments. 

If Amarin’s Vascepa wins the battle with the FDA, then we can expect this stock to zoom up and cross new life-time highs.

The Amarin Corp Plc (NASDAQ: AMRN) stock is currently trading with a volume of nearly 947.5K.  Any company’s market capitalization is usually a true indicator of that company’s real value. Amarin’s market capitalization is $5.4B. The company’s stock has started moving up before the scheduled FDA meeting. In the last 5 days, the stock has gone up by 2.3%. In the last one month, the stock’s growth has been 3.46%. The year to date (YTD) growth has been 20.79%.

Considering future developments, the consensus recommendation for AMRN stock has been “buy”. The average target price stands at 29.8. This stock is currently trading at 16.57. The company’s gross margin stands at 75.92. Its operating margin is the -47.22 while its pretax margin is at -50.76. The company’s records show its net margin at -50.80. Its return on assets is recorded as -42.35 and return on equity is recorded as -266.53. The company has declared return on total capital as – 74.45 and its return on invested capital is -99.71.

It will be interesting to see how the AMRN stock trades next month and after that, what new highs this stock touches in 2020. Right now, Wall Street is wagering its money on the AMRN stock.


This article is published by The content included in this article is just for informational purposes only. takes sensible consideration to ensure that the data given in this article is up to date and accurate. The news, prices, opinions, research, analysis, and other information published in this article are obtained from sources believed to be reliable.

Neither nor any of partners make any representation or guarantee as to the fulfillment or precision of the information contained in this article.

Investors must consult their own additional due diligence with any potential investment or highlighted company before making any decision on behalf of information offered by

Information contained in this article may contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long-term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward-looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.