ARK Make investments CEO Cathie Wooden and her staff have made yet one more aggressive name about one in every of their key holdings, saying Thursday that Actual Sciences (NASDAQ:EXAS) can attain $140 per share by 2027.

For comparability, EXAS traded close to $49 a share after dipping 0.2% in Thursday’s early motion. A rally to $140 would signify a rise of greater than 190% from present ranges.

“In our base case, shares of Actual Sciences might compound at a mean annual fee of 25%, reaching $140 by 2027,” the staff at ARK mentioned, arguing that the most cancers diagnostics firm would profit from its industrial scale, model recognition, deep regulatory expertise, payor relationships, business and analysis partnerships, scientific proof and know-how platform.

Of Cathie Wooden’s six actively managed trade traded funds, EXAS is held by two of them. Wooden’s flagship ARK Innovation ETF (NYSEARCA:ARKK) lists EXAS because the fund’s second largest holding, with a weighting of 8.32%. In the meantime, ARK Genomic Revolution ETF (BATS:ARKG) has an excellent bigger focus in Actual Sciences. EXAS represents the fund’s prime holding with a 11.42% weighting.

Wanting extra broadly, EXAS is held by a complete of 106 trade traded funds and ARKG and ARKK signify the 2 funds with the heaviest weightings towards the inventory. The subsequent highest focus exterior the ARK household seems in First Belief NYSE Arca Biotechnology Index ETF (NYSEARCA:FBT), which has a 4.45% allocation.

Wooden’s bullish name comes after two consecutive dangerous years for EXAS shares. In 2021, the inventory dropped by 39.3% and in 2022, it declined one other 36.4%.

Wooden is not any stranger to large calls on her key holdings. She beforehand positioned a value goal on Zoom Video Communications (ZM) at $1,500 by 2026. That inventory is at present buying and selling under $66.

The innovation-focused investor additionally mentioned Roku (ROKU) can hit $605 a share by 2026 and Tesla (TSLA) can contact $3,000 by 2025. These shares at present commerce at round $42 and $107, respectively.

Outdoors of shares held by her funds, one in every of Wooden’s most high-profile calls concerned Bitcoin (BTC-USD), which she predicted will hit $1M by 2030.

Each day value motion: ARKK -2.6%, ARKG -1.1%, FBT -0.5%.

For additional info on this bullish name, see Ark’s full evaluation on Actual Sciences.