Zentalis: Buy Rating Reiterated as Azenosertib Strategy Advances; $10 Price Target Maintained on De-Risked Dosing and Late-Stage Catalysts

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2026.05.13 10:20
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Analyst Andres Y. Maldonado from H.C. Wainwright has reiterated a Buy rating on Zentalis Pharmaceuticals, maintaining a price target of $10. The rating is based on Zentalis’ advancements with azenosertib and its WEE1-focused strategy, including a 400mg once-daily dosing regimen supported by positive interim DENALI data. The company aims to position azenosertib as a targeted treatment for Cyclin E1-positive platinum-resistant ovarian cancer patients. With a cash balance of approximately $212M, Zentalis is well-positioned for upcoming catalysts, justifying the price target and rating.