Edgewise Therapeutics, Inc.

Edgewise Therapeutics, Inc. Stock Forecast & Price Prediction

Live Edgewise Therapeutics, Inc. Stock (EWTX) Price
$18.83

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

$18.83

P/E Ratio

-12.01

Volume Traded Today

$739,700

Dividend

Dividends not available for EWTX

52 Week High/low

23.50/5.12

Edgewise Therapeutics, Inc. Market Cap

$1.85B

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EWTX Summary

The Edgewise Therapeutics, Inc. (EWTX) share price is expected to increase by 78.44% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered EWTX. Price targets range from $25 at the low end to $48 at the high end. The current analyst consensus for EWTX is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

EWTX Analyst Ratings

About 0 Wall Street analysts have assigned EWTX 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Edgewise Therapeutics, Inc. 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 EWTX. 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.

EWTX stock forecast by analyst

These are the latest 20 analyst ratings of EWTX.

Analyst/Firm

Rating

Price Target

Change

Date

Laura Chico
Wedbush

Outperform

$31

Reiterates

Aug 16, 2024
Tessa Romero
JP Morgan

Overweight

$31

Maintains

Aug 12, 2024
Leonid Timashev
RBC Capital

Outperform

$32

Reiterates

Jul 25, 2024
Leonid Timashev
RBC Capital

Outperform

$32

Reiterates

Jul 10, 2024
Tessa Romero
JP Morgan

Overweight

$30

Maintains

Jul 9, 2024
Yasmeen Rahimi
Piper Sandler

Overweight

$48

Maintains

Jul 1, 2024
Laura Chico
Wedbush

Outperform

$31

Reiterates

Jun 26, 2024
Leonid Timashev
RBC Capital

Outperform

$32

Maintains

Apr 22, 2024
Srikripa Devarakonda
Truist Securities

Buy

$25

Maintains

Apr 17, 2024
Laura Chico
Wedbush

Outperform

$26

Reiterates

Apr 16, 2024
Leonid Timashev
RBC Capital

Outperform

$28

Reiterates

Mar 12, 2024
Yasmeen Rahimi
Piper Sandler

Overweight

$48

Initiates

Mar 7, 2024
Laura Chico
Wedbush

Outperform

$23

Maintains

Nov 10, 2023
Laura Chico
Wedbush

Outperform

$27

Reiterates

Aug 16, 2023
Laura Chico
Wedbush

Outperform

$27

Reiterates

Aug 11, 2023
Tessa Romero
JP Morgan

Overweight

$25

Maintains

Jun 30, 2023
Leonid Timashev
RBC Capital

Outperform

$28

Reiterates

Jun 28, 2023
Srikripa Devarakonda
Truist Securities

Buy

$25

Reiterates

Jun 28, 2023
Srikripa Devarakonda
Truist Securities

Buy

$25

Reiterates

Jun 27, 2023

JP Morgan

Overweight


Maintains

Jun 20, 2023

EWTX Company Information

  • Company Type: Biopharmaceutical company focused on therapies for muscle disorders.
  • Lead Product Candidate: EDG-5506, an orally administered small molecule in Phase II clinical trials.
  • Target Conditions: Aims to treat dystrophinopathies, including Duchenne muscular dystrophy and Becker muscular dystrophy.
  • Additional Product Development: EDG-7500, a small molecule in Phase I clinical trials for hypertrophic cardiomyopathy and severe cardiac disorders.
  • Research Focus: Pipeline of precision medicine candidates targeting key muscle proteins and modulators for genetically defined muscle disorders.
  • Incorporation: Founded in 2017 and headquartered in Boulder, Colorado.
EWTX
Edgewise Therapeutics, Inc. (EWTX)

When did it IPO

2021

Staff Count

97

Country

United States

Sector/Industry

Healthcare/Biotechnology

CEO

Dr. Kevin Koch Ph.D.

Market Cap

$1.85B

Edgewise Therapeutics, Inc. (EWTX) Financial Data

In 2023, EWTX generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that EWTX'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

$0

Revenue From 2021

$0

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 -19.7%
  • Return on equity TTM -28.2%
  • Profit Margin 0.0%
  • Book Value Per Share 5.45%
  • Market capitalisation $1.85B
  • Revenue for 2021 $0
  • Revenue for 2022 $0
  • Revenue for 2023 $0
  • EPS this year (TTM) $-1.53

Edgewise Therapeutics, Inc. (EWTX) Latest News

News Image

Thu, 08 Aug 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Edgewise Therapeutics (Nasdaq: EWTX) reported Q2 2024 financial results, highlighting progress in cardiac and skeletal muscle programs, with updates on EDG-7500 and sevasemten expected soon.

Why It Matters - Edgewise Therapeutics' progress on key muscle disease programs and upcoming updates could influence stock performance and investor sentiment in the biopharmaceutical sector.

News Image

Mon, 05 Aug 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Edgewise Therapeutics, founded in 2017, is advancing sevasemten in phase 3 trials for Becker Muscular Dystrophy, offering a competitive, genotype-agnostic treatment approach.

Why It Matters - Edgewise Therapeutics' sevasemten targets a niche market with a unique approach, potentially leading to significant returns as it advances in phase 3 trials amidst strong backing and management.

News Image

Tue, 30 Jul 2024

Sentiment - NEUTRAL

Source - InvestorPlace

Summary - Small-cap companies are high-risk investments but typically offer greater potential rewards for investors.

Why It Matters - Small-cap companies offer high-risk, high-reward opportunities, attracting investors seeking growth. Their performance can significantly impact portfolio returns and market dynamics.

News Image

Wed, 17 Jul 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Edgewise Therapeutics, Inc. (EWTX) is being evaluated for its potential as a strong stock choice for momentum investors. Further analysis will determine its suitability.

Why It Matters - The focus on Edgewise Therapeutics as a potential top stock for momentum investors signals possible strong price movements, influencing buy or sell decisions and portfolio strategies.

News Image

Fri, 10 May 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Edgewise Therapeutics, Inc. (Nasdaq: EWTX) will present at the RBC Capital Markets Global Healthcare Conference on May 15, 2024, at 3:35 pm ET, with a live webcast available for replay.

Why It Matters - Management presentations at conferences often provide insights into company strategy, upcoming products, and financial performance, which can influence stock performance and investor sentiment.

News Image

Thu, 09 May 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Edgewise Therapeutics reported strong Q1 2024 financial results, highlighting progress in muscle disease programs and the initiation of the Phase 2 CIRRUS-HCM trial for EDG-7500.

Why It Matters - Edgewise Therapeutics' progress in muscle disease treatments and the initiation of a Phase 2 trial may signal potential growth and innovation, impacting future stock performance and investor sentiment.

...

EWTX Frequently asked questions

The highest forecasted price for EWTX is $48 from Yasmeen Rahimi at Piper Sandler.

The lowest forecasted price for EWTX is $25 from Srikripa Devarakonda from Truist Securities

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