Jefferies analyst Maury Raycroft reiterated a Buy rating and $38.00 price target on Kalvista Pharmaceuticals Inc (NASDAQ: KALV)

The analyst commented, "KALV reported FY25 results, w/ $49.1M global Ekterly revenue in line w/ prelim updates (here), and 1,702 total U.S. PSFs through 2/28/26 (vs 1,318 PSFs through 12/31/25). Mgmt expects consistent linear growth for 2026, while being cautious on pot'l (-)ve seasonal impacts on 1Q. Ekterly's strong launch progress is validating the thesis that HAE pts will use more on-demand drug & treat more attacks due to oral convenience. BUY w/ PT $38."

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Shares of Kalvista Pharmaceuticals Inc closed at $16.46 yesterday.