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Home โบ Stocks โบ Jade Biosciences Inc. (AVTE) Stock Forecast & Price Prediction United States | NASDAQ | Healthcare | Biotechnology
$20.95
-1.53 (-6.81%)Did AVTE Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Aerovate is one of their latest high-conviction picks.
AVTE has shown a year-to-date change of 35.8% and a 1-year change of 120.3%, reflecting upward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for AVTE. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for AVTE.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jun 18, 2024 | Evercore ISI Group | Liisa Bayko | In-Line | Downgrade | $2.00 |
| Jun 18, 2024 | Guggenheim | Vamil Divan | Neutral | Downgrade | $N/A |
| Jun 18, 2024 | Wells Fargo | Tiago Fauth | Equal-Weight | Downgrade | $2.00 |
| Jun 18, 2024 | TD Cowen | Joseph Thome | Hold | Downgrade | $N/A |
| Jun 17, 2024 | Jefferies | Eun Yang | Hold | Downgrade | $2.00 |
| Jun 17, 2024 | BTIG | Julian Harrison | Neutral | Downgrade | $N/A |
| Jun 6, 2024 | Wedbush | Laura Chico | Outperform | Reiterates | $41.00 |
| May 22, 2024 | Wedbush | Laura Chico | Outperform | Reiterates | $41.00 |
| May 14, 2024 | Wedbush | Laura Chico | Outperform | Reiterates | $41.00 |
| Apr 1, 2024 | Wells Fargo | Tiago Fauth | Overweight | Maintains | $35.00 |
| Mar 25, 2024 | Jefferies | Eun Yang | Buy | Assumes | $65.00 |
| Mar 1, 2023 | Guggenheim | Vamil Divan | Buy | Initiates | $36.00 |
| Dec 6, 2022 | BTIG | Julian Harrison | Buy | Upgrade | $27.00 |
| Aug 16, 2022 | BTIG | Julian Harrison | Neutral | Downgrade | $N/A |
| Feb 11, 2022 | BTIG | Buy | Initiates | $N/A | |
| Jul 26, 2021 | Evercore ISI Group | Outperform | Initiates | $N/A | |
| Jul 26, 2021 | Cowen & Co. | Outperform | Initiates | $N/A | |
| Jul 26, 2021 | Wedbush | Outperform | Initiates | $N/A | |
| Jul 26, 2021 | Jefferies | Buy | Initiates | $N/A |
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Develops therapies for autoimmune diseases.
Jade Biosciences Inc. operates as a clinical-stage biotechnology company, focusing on developing monoclonal antibodies for treating autoimmune diseases. The company generates potential revenue through the advancement of its drug candidates, particularly JADE101 for IgAN, as they progress through clinical trials and seek regulatory approvals.
Founded in 2024 and based in Waltham, Massachusetts, Jade Biosciences is leveraging licensed discovery-stage assets from Paragon Therapeutics to address significant unmet medical needs in the field of inflammation and immunology. The company is currently conducting Phase 1 studies for its lead candidate, with plans for Phase 2 trials, highlighting its commitment to innovation in healthcare.
Healthcare
Biotechnology
55
Mr. Tom Frohlich
United States
2021
Jade Biosciences, formed from the merger with Aerovate Therapeutics, will focus on autoimmune therapies. Lead candidate JADE-001 is set for clinical trials in late 2025, with data in early 2026. Trading begins April 29, 2025, under the ticker "JBIO."
The merger creates a new player in the biotech sector focused on autoimmune therapies, potentially attracting investor interest as it progresses towards clinical trials and Nasdaq listing.
Aerovate Therapeutics, Inc. announced a 1-for-35 reverse stock split and that its stockholders approved the merger with Jade Biosciences, Inc.
A reverse stock split can impact share liquidity and market perception, while the merger may alter the company's valuation and growth potential, influencing investor sentiment and future stock performance.
Aerovate Therapeutics plans to declare a cash dividend of $67.6 โ 69.6 million for pre-Merger stockholders following its merger with Jade Biosciences.
The anticipated cash dividend indicates financial stability and shareholder value enhancement for Aerovate, potentially attracting investors seeking returns amid merger activity.
Aerovate Therapeutics has declared a special cash dividend of $69.6 million, or approximately $2.40 per share, related to its merger with Jade Biosciences, effective as per the merger agreement.
A special cash dividend of $2.40 per share signals financial strength and may attract investors, while the merger announcement suggests strategic growth potential for Aerovate Therapeutics.
Charles C. Foti, Jr. and Kahn Swick & Foti, LLC are investigating the merger between Aerovate Therapeutics (AVTE) and Jade Biosciences, focusing on shareholder equity in the deal.
The investigation into Aerovate's merger may signal potential issues with the deal's fairness, affecting shareholder value and market confidence in the combined company.
Halper Sadeh LLC is investigating the fairness of Aerovate Therapeutics' merger with Jade Biosciences, as Aerovate shareholders will hold about 1.6% of the new entity post-merger.
The investigation into Aerovate's merger raises concerns about shareholder value, potentially impacting stock performance and investor confidence in the deal's fairness.
Analyst forecasts for Jade Biosciences Inc. (AVTE) are not currently available. The stock is trading at $20.95.
According to current analyst ratings, AVTE has 0 Buy ratings, 4 Hold ratings, and 0 Sell ratings. The stock is currently trading at $20.95. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for AVTE are not currently available. The stock is trading at $20.95.
Jade Biosciences Inc. operates as a clinical-stage biotechnology company, focusing on developing monoclonal antibodies for treating autoimmune diseases. The company generates potential revenue through the advancement of its drug candidates, particularly JADE101 for IgAN, as they progress through clinical trials and seek regulatory approvals.
Price targets from Wall Street analysts for AVTE are not currently available. The stock is trading at $20.95.
Price targets from Wall Street analysts for AVTE are not currently available. The stock is trading at $20.95.
The overall analyst consensus for AVTE is neutral. Out of 8 Wall Street analysts, 0 rate it as Buy, 4 as Hold, and 0 as Sell.
Stock price projections, including those for Jade Biosciences Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. 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.