Apogee Therapeutics, Inc. - Common Stock

Apogee Therapeutics, Inc. - Common Stock Stock Forecast & Price Prediction

Live Apogee Therapeutics, Inc. - Common Stock Stock (APGE) Price
$56.85

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$56.85

P/E Ratio

-16.79

Volume Traded Today

$218,643

Dividend

Dividends not available for APGE

52 Week High/low

72.29/14.19

Apogee Therapeutics, Inc. - Common Stock Market Cap

$3.19B

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APGE Summary

The Apogee Therapeutics, Inc. - Common Stock (APGE) share price is expected to increase by 50.4% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered APGE. Price targets range from $75 at the low end to $95 at the high end. The current analyst consensus for APGE is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

APGE Analyst Ratings

About 0 Wall Street analysts have assigned APGE 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Apogee Therapeutics, Inc. - Common Stock to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on APGE. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

APGE stock forecast by analyst

These are the latest 20 analyst ratings of APGE.

Analyst/Firm

Rating

Price Target

Change

Date

Geoff Meacham
B of A Securities

Buy

$80

Initiates

May 10, 2024
Akash Tewari
Jefferies

Buy

$75

Maintains

Mar 6, 2024
Akash Tewari
Stifel

Buy

$95

Maintains

Mar 5, 2024
Seamus Fernandez
Guggenheim

Buy

$91

Maintains

Mar 5, 2024
Seamus Fernandez
Guggenheim

Buy

$44

Maintains

Jan 3, 2024
Julian Harrison
BTIG

Buy

$43

Initiates

Dec 20, 2023
David Nierengarten
Wedbush

Outperform

$40

Initiates

Aug 8, 2023
Akash Tewari
Jefferies

Buy

$29

Initiates

Aug 8, 2023
Seamus Fernandez
Guggenheim

Buy

$29

Initiates

Aug 8, 2023
Tyler Van Buren
TD Cowen

Outperform


Initiates

Aug 8, 2023
Akash Tewari
Stifel

Buy

$34

Initiates

Aug 8, 2023

APGE Company Information

What They Do: Develops biologics for inflammatory diseases.

Business Model: The company operates as a biotechnology firm focusing on the development of biologics aimed at treating conditions such as atopic dermatitis and chronic obstructive pulmonary disease. It generates revenue through the advancement of its proprietary monoclonal antibodies, including APG777 and APG808, targeting specific inflammatory and immunology indications.

Other Information: Incorporated in 2022 and based in Waltham, Massachusetts, Apogee Therapeutics is positioned in a growing market for therapies addressing chronic inflammatory diseases, with a pipeline that includes both late-stage and earlier-stage programs.
APGE
Apogee Therapeutics, Inc. - Common Stock (APGE)

When did it IPO

N/A

Staff Count

91

Country

United States

Sector/Industry

Healthcare/Biotechnology

CEO

Dr. Michael Thomas Henderson M.D.

Market Cap

$3.19B

Apogee Therapeutics, Inc. - Common Stock (APGE) Financial Data

In 2023, APGE generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that APGE's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

$0

0.00 %
From Previous Year

Revenue From 2023

$0

0.00 %
From Previous Year
  • Revenue TTM $0
  • Operating Margin TTM 0.0%
  • Gross profit TTM $0
  • Return on assets TTM -19.3%
  • Return on equity TTM -26.7%
  • Profit Margin 0.0%
  • Book Value Per Share 13.23%
  • Market capitalisation $3.19B
  • Revenue for 2021 N/A
  • Revenue for 2022 $0
  • Revenue for 2023 $0
  • EPS this year (TTM) $-2.09

Apogee Therapeutics, Inc. - Common Stock (APGE) Latest News

News Image

Thu, 12 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Apogee Therapeutics, Inc. (Nasdaq: APGE) will participate in a fireside chat at the Stifel 2024 Immunology and Inflammation Summit on September 18, 2024, at 12:30 p.m. E.T.

Why It Matters - Apogee Therapeutics' participation in a prominent summit highlights its commitment to advancing treatments in significant markets, potentially impacting stock performance and investor interest.

News Image

Mon, 09 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Apogee Therapeutics appointed Jeff S. Hartness as Chief Commercial Officer. Hartness brings over 25 years of biotech experience in product launches and market strategy.

Why It Matters - The appointment of Jeff S. Hartness as CCO signals a strategic push for Apogee Therapeutics in commercializing its pipeline, potentially enhancing market positioning and investor confidence in future growth.

News Image

Mon, 19 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Apogee Therapeutics has begun dosing healthy volunteers in a Phase 1 trial for APG990, targeting atopic dermatitis. Results are expected in 2025, with a trial for APG777 and APG990 starting the same year.

Why It Matters - The announcement of Phase 1 trial data for APG990 and the upcoming trials for APG777 signals potential advancements in treatments for atopic dermatitis and other inflammatory diseases, impacting future revenues.

News Image

Mon, 12 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - The company is on track with its pipeline, expecting APG777 Phase 2 data in 2H 2025, APG808 Phase 1 data in 4Q 2024, and APG990 Phase 1 trial start in 3Q 2024.

Why It Matters - Timely clinical milestones can drive stock prices and investor confidence, indicating the company's progress in drug development and potential future revenue streams.

News Image

Tue, 18 Jun 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Apogee Therapeutics stock fell 34% post-buy recommendation, contrasting with a 7.7% S&P 500 rise. The firm raised $420M at $62/share and is advancing APG777 in Phase 2 trials for atopic dermatitis and asthma.

Why It Matters - Apogee Therapeutics' stock drop contrasts sharply with the S&P 500's gain, raising concerns. However, successful fundraising and promising trial results may boost future performance and investor confidence.

News Image

Tue, 28 May 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Apogee Therapeutics appointed Dr. Lisa Bollinger to its board. She has over 30 years in drug development and regulatory affairs, previously serving at Merck.

Why It Matters - Dr. Bollinger's appointment enhances Apogee's leadership with extensive regulatory expertise, potentially increasing investor confidence in successful drug development and approvals.

...

APGE Frequently asked questions

The highest forecasted price for APGE is $95 from Akash Tewari at Stifel.

The lowest forecasted price for APGE is $75 from Akash Tewari from Jefferies

The APGE analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.