GlycoMimetics Inc

GlycoMimetics Inc Stock Forecast & Price Prediction

Live GlycoMimetics Inc Stock (GLYC) Price
$0.29

1

Ratings

  • Buy 1
  • 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

$0.29

P/E Ratio

-0.56

Volume Traded Today

$590,700

Dividend

Dividends not available for GLYC

52 Week High/low

3.53/0.14

GlycoMimetics Inc Market Cap

$19.0M

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GLYC Summary

Based on ratings from 1 stock analysts, the GlycoMimetics Inc stock price is expected to increase by 244.83% in 12 months. This is calculated by using the average 12-month stock price forecast for GlycoMimetics Inc. The lowest target is $1 and the highest is $1. Please note analyst price targets are not guaranteed and could be missed completely.

GLYC Analyst Ratings

About 1 Wall Street analysts have assigned GLYC 1 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect GlycoMimetics Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on GLYC. 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.

GLYC stock forecast by analyst

These are the latest 20 analyst ratings of GLYC.

Analyst/Firm

Rating

Price Target

Change

Date

Boris Peaker
TD Cowen

Hold


Downgrade

Jul 26, 2024
Edward White
HC Wainwright & Co.

Neutral


Reiterates

Jun 4, 2024
Edward White
HC Wainwright & Co.

Neutral


Downgrade

May 6, 2024
Edward White
HC Wainwright & Co.

Buy

$8

Maintains

Mar 27, 2024
Zegbeh Jallah
Capital One

Overweight

$12

Initiates

Dec 22, 2023
Edward White
HC Wainwright & Co.

Buy

$8

Reiterates

Aug 3, 2023
Edward White
HC Wainwright & Co.

Buy

$8

Reiterates

Jun 15, 2023
Edward White
HC Wainwright & Co.

Buy

$8

Reiterates

May 4, 2023
Edward White
HC Wainwright & Co.

Buy

$8

Reiterates

Mar 30, 2023
Edward White
HC Wainwright & Co.

Buy

$8

Maintains

Feb 16, 2023
Edward White
HC Wainwright & Co.

Buy

$13

Maintains

Aug 4, 2022
Roger Song
Jefferies

Buy

$4

Upgrade

Nov 12, 2021

Roth Capital

Buy

$15

Maintains

Dec 8, 2020

HC Wainwright & Co.

Buy

$15

Maintains

Jul 31, 2020
Edward White
HC Wainwright & Co.

Buy

$16

Reiterates

Mar 2, 2020

H.C. Wainwright

Buy


Reiterates

Mar 2, 2020

Roth Capital

Buy


Initiates

Nov 14, 2019

Piper Jaffray

Neutral


Downgrade

Aug 5, 2019

SunTrust Robinson Humphrey

Hold

$5

Downgrade

Aug 5, 2019

Jefferies

Hold


Downgrade

Aug 5, 2019

GLYC Company Information

What They Do: Develops therapies for cancers and inflammatory diseases.

Business Model: GlycoMimetics, Inc. focuses on discovering and developing innovative therapies, particularly targeting cancers and inflammatory diseases. The company generates revenue through collaborative agreements, including partnerships for the development and commercialization of its drug candidates, such as uproleselan and GMI-1687.

Other Information: Founded in 2003 and based in Rockville, Maryland, GlycoMimetics has advanced its lead product, uproleselan, through clinical trials and maintains strong research ties with institutions like the National Cancer Institute. Its diverse portfolio includes several promising drug candidates targeting various conditions, indicating a robust pipeline for future growth.
GLYC
GlycoMimetics Inc (GLYC)

When did it IPO

2014

Staff Count

35

Country

United States

Sector/Industry

Healthcare/Biotechnology

CEO

Mr. Harout Semerjian

Market Cap

$19.0M

GlycoMimetics Inc (GLYC) Financial Data

In 2023, GLYC generated $10,000 in revenue, which was a decrease of -86.67% from the previous year. This can be seen as a signal that GLYC's business is declining, and its share price could be worth less 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

$10.2M

Revenue From 2021

$1.2M

-88.59 %
From Previous Year

Revenue From 2022

$75,000

-93.53 %
From Previous Year

Revenue From 2023

$10,000

-86.67 %
From Previous Year
  • Revenue TTM $10,000
  • Operating Margin TTM -408,770.5%
  • Gross profit TTM $0
  • Return on assets TTM -59.2%
  • Return on equity TTM -104.5%
  • Profit Margin 0.0%
  • Book Value Per Share 0.60%
  • Market capitalisation $19.0M
  • Revenue for 2021 $1.2M
  • Revenue for 2022 $75,000
  • Revenue for 2023 $10,000
  • EPS this year (TTM) $-0.62

GlycoMimetics Inc (GLYC) Latest News

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Crescent Biopharma will present its lead program, CR-001, a bispecific antibody for solid tumors, at the Jefferies London Healthcare Conference on November 19, 2024.

Why It Matters - Crescent Biopharma's presentation on CR-001 at a major healthcare conference may attract investor interest, signaling potential advancements in cancer treatment and future revenue opportunities.

News Image

Tue, 05 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Monteverde & Associates is investigating GlycoMimetics, Inc. (NASDAQ: GLYC) regarding its merger with First Crescent Biopharma, which will result in GlycoMimetics shareholders owning 3.1% of the new entity.

Why It Matters - The proposed merger significantly dilutes GlycoMimetics shareholders' ownership, raising concerns about their financial stake and potential value in the combined entity.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - GlycoMimetics, Inc. (Nasdaq: GLYC) announced that data on uproleselan for acute myeloid leukemia will be presented at the ASH Annual Meeting in San Diego, December 7-10, 2024.

Why It Matters - Acceptance of clinical trial data for uproleselan at a major hematology conference can boost GlycoMimetics' credibility, attract investor interest, and potentially impact stock performance.

News Image

Sun, 03 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Monteverde & Associates is investigating GlycoMimetics, Inc. (NASDAQ: GLYC) regarding its proposed merger with First Crescent Biopharma, which will result in GlycoMimetics shareholders owning 3.1% of the new entity.

Why It Matters - The merger significantly dilutes GlycoMimetics shareholders, limiting their ownership to 3.1%, which may impact stock value and investor sentiment regarding the deal's fairness.

News Image

Thu, 31 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Kahn Swick & Foti, LLC is investigating the proposed merger between GlycoMimetics, Inc. and Crescent Biopharma, Inc., focusing on the adequacy of the merger terms for shareholders.

Why It Matters - Concerns over the GlycoMimetics and Crescent Biopharma merger could affect shareholder confidence and stock performance, as investigations may indicate potential issues with the deal's fairness.

News Image

Tue, 29 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - GlycoMimetics, Inc. has announced an acquisition of Crescent Biopharma, Inc., focusing on oncology therapeutics. Post-acquisition, the company will operate under Crescent Biopharma's name.

Why It Matters - GlycoMimetics' acquisition of Crescent Biopharma signals a strategic shift towards oncology, potentially enhancing its product pipeline and market position, affecting investor sentiment and stock performance.

...

GLYC Frequently asked questions

The highest forecasted price for GLYC is $1 from at .

The lowest forecasted price for GLYC is $1 from from

The GLYC analyst ratings consensus are 1 buy ratings, 0 hold ratings, and 0 sell ratings.