After Falling 68%, Where Will This Weight-Loss Drug Stock Be in 2 Years? History Shows Massive Gains Ahead.

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Gt(e,o.submitSearchBtn,m(m({},Kt),{label:null!==(t=n.i18n.root.SEARCH_TOOLTIP_WEB)&&void 0!==t?t:"Search the web",containerClass:"".concat(jt.tooltip," ").concat(jt.tooltip__web),tooltipParentElm:o.clearSearchBtn.parentElement}))}));var Jt="_yb_tdk4ba",Vt="_yb_hkd17a",$t="_yb_rtzclf",Xt="_yb_tdbhj6",Zt="_yb_de52ef",Qt="_yb_9hwrey",en="_yb_slc8ta",tn="_yb_bf0svp",nn="_yb_hjic9z";be("ybar-mod-adaptivenav",(function(e){var t=document.querySelector("#ybar-l1-more-menu ul"),n={moreDropDown:document.querySelector(".".concat(Jt)),moreBtn:document.querySelector(".".concat(Vt)),wrap:document.querySelector(".".concat(Xt)),moreSectionTitle:document.querySelectorAll(".".concat(Zt)),editionsCtaBtn:document.querySelector(".".concat(Qt)),editionsMenu:document.querySelector(".".concat(en)),closeBtn:document.querySelector(".".concat(tn)),moreMenuDropDownHeight:t?"".concat(t.offsetHeight+48,"px"):"0"};new 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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};be("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat(Vn)),notifLabel:document.querySelector(".".concat($n))};t.notifDropdown&&ro(e,t)}))}()}};]]>James Brumley, The Motley FoolSat, Jul 19, 2025, 12:09 PM 7 min readShares of Viking Therapeutics soared last year on high hopes for its obesity drug VK2735.The stock stumbled beginning in November of last year, however, seemingly on concerns over manufacturing costs.In retrospect, this action mirrors a pattern dished out by other biopharma names in similar situations, often leading to a rally.10 stocks we like better than Viking Therapeutics ›Any investor who owned Viking Therapeutics (NASDAQ: VKTX) before November of last year is sure to be disappointed and maybe even a little worried. Shares are down nearly 60% since October last year and lower to the tune of 68% from their early 2024 high after soaring in 2023. Yikes.If you were on this wild ride, don't panic yet. And for interested newcomers, the sell-off may arguably be a buying opportunity. Here's why: History says this kind of sharp rise and fall in biopharma stock prices often precedes a slower but more even and more-rewarding rally.But first things first.Never heard of it? It wouldn't be surprising if you hadn't. Its $3.5 billion market cap doesn't turn many heads. It's a pre-revenue company too, which of course means it's also pre-profit.That doesn't mean it's not worth owning even if it is inherently risky -- and volatile. It just means you'll want to handle it differently if you choose to handle it at all.And you just might want to, given Viking's developmental pipeline.This company's currently testing four different drugs in five different clinical trials, each of which is aimed at relatively rare metabolic and endocrine disorders. Its highest-profile drug is also the one that's furthest along the developmental trail. That's an injectable form of an anti-obesity drug currently referred to as VK2735. Its molecular structure is similar to that of the approved GLP-1 weight-loss drugs Ozempic from Novo Nordisk (NYSE: NVO) and Eli Lilly's (NYSE: LLY) Zepbound.In fact, the differences are significant enough to avoid patent infringement challenges. VK2735 began phase 3 testing earlier this year, which is the final stage of trials necessary before the U.S. Food and Drug Administration (FDA) makes its ultimate approval decision.And this is a big reason Viking Therapeutics has been so volatile since 2022. As the drug in question has worked its way through the lengthy testing process, investors have pre-emptively purchased shares in anticipation of good news.Image source: Getty Images.However, as is so often the case with biopharma stocks of companies working on game-changing drugs, the market has overshot its target more than once and then suffered a sizable setback.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,296.79 -0.57 (-0.01%)Dow 3044,342.19 -142.30 (-0.32%)Nasdaq20,895.66 +10.01 (+0.05%)Russell 20002,240.01 -13.68 (-0.61%)VIX16.41 -0.11 (-0.67%)Gold3,358.30 +13.00 (+0.39%)PortfolioSign in to access your portfolioSign inTop gainersSTEM Stem, Inc. 13.50 +4.23 (+45.63%)TLN Talen Energy Corporation 328.63 +64.63 (+24.48%)CRSP CRISPR Therapeutics AG 65.13 +10.04 (+18.22%)IVZ Invesco Ltd. 19.92 +2.64 (+15.28%)SOC Sable Offshore Corp. 31.69 +3.35 (+11.82%)Top losersMLGO MicroAlgo Inc. 14.66 -3.12 (-17.57%)ARWR Arrowhead Pharmaceuticals, Inc. 16.76 -2.09 (-11.09%)MOH Molina Healthcare, Inc. 182.98 -21.27 (-10.41%)ELV Elevance Health, Inc. 277.09 -25.36 (-8.38%)STNE StoneCo Ltd. 13.67 -1.24 (-8.32%)Most activeLCID Lucid Group, Inc. 3.0400 -0.0800 (-2.56%)QS QuantumScape Corporation 14.64 +1.04 (+7.65%)NVDA NVIDIA Corporation 172.41 -0.59 (-0.34%)WBD Warner Bros. Discovery, Inc. 12.75 -0.09 (-0.70%)NU Nu Holdings Ltd. 13.02 -0.97 (-6.93%)Earnings eventsTrending tickersETH-USD Ethereum USD 3,701.20 +135.47 (+3.80%)LTC-USD Litecoin USD 117.90 +16.26 (+16.00%)XRP-USD XRP USD 3.51 +0.08 (+2.30%)BTC-USD Bitcoin USD 117,944.67 -569.80 (-0.48%)SOL-USD Solana USD 179.81 +2.06 (+1.16%)Top economic events