vktx stock price rally is partially driven by algorithmic buying programs triggered by positive momentum scores. Market depth data show strong bid support above $32.50, limiting downside risk. Alger Mid Cap Focus Fund stated the following regarding Viking Therapeutics, Inc. (NASDAQ:VKTX) in its Q2 2024 investor letter : In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research. Analysts revising forecasts for vktx stock price now project a 6–8% upside over the next quarter, citing strong EPS growth potential and improved liquidity ratios in the latest financial report.