Why Is Fate Therapeutics (FATE) Up 61.5% Since Last Earnings Report?

A month has gone by since the last earnings report for Fate Therapeutics (FATE). Shares have added about 61.5% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Fate Therapeutics due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.How Have Estimates Been Moving Since Then?It turns out, estimates revision have trended upward during the past month.The consensus estimate has shifted 12.68% due to these changes.VGM ScoresCurrently, Fate Therapeutics has a subpar Growth Score of D, a grade with the same score on the momentum front. Following the exact same course, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy.Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.OutlookEstimates have been trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise Fate Therapeutics has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.Performance of an Industry PlayerFate Therapeutics belongs to the Zacks Medical - Biomedical and Genetics industry. Another stock from the same industry, Novavax (NVAX), has gained 19% over the past month. More than a month has passed since the company reported results for the quarter ended March 2025.Novavax reported revenues of $666.66 million in the last reported quarter, representing a year-over-year change of +610.3%. EPS of $2.93 for the same period compares with -$1.05 a year ago.Novavax is expected to post a loss of $0.12 per share for the current quarter, representing a year-over-year change of -112.1%. Over the last 30 days, the Zacks Consensus Estimate has changed -46.9%.The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Novavax. Also, the stock has a VGM Score of B.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fate Therapeutics, Inc. (FATE): Free Stock Analysis Report Novavax, Inc. (NVAX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks