Cassava Sciences Inc

Cassava Sciences Inc Stock Forecast & Price Prediction

Live Cassava Sciences Inc Stock (SAVA) Price
$26.93

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

$26.93

P/E Ratio

-11.51

Volume Traded Today

$1.1M

Dividend

$5.25

52 Week High/low

42.20/8.79

Cassava Sciences Inc Market Cap

$1.38B

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SAVA Summary

From what 0 stock analysts predict, the share price for Cassava Sciences Inc (SAVA) might increase by 282.47% in the next year. This is based on a 12-month average estimation for SAVA. Price targets go from $75 to $131. The majority of stock analysts believe SAVA is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

SAVA Analyst Ratings

SAVA is a stock in Health Care which has been forecasted to be worth $103 as an average. On the higher end, the forecast price is $131 USD by Vernon Bernardino from HC Wainwright & Co. and on the lower end SAVA is forecasted to be $75 by from .

SAVA stock forecast by analyst

These are the latest 20 analyst ratings of SAVA.

Analyst/Firm

Rating

Price Target

Change

Date

Vernon Bernardino
HC Wainwright & Co.

Neutral


Reiterates

Aug 13, 2024
Elemer Piros
Rodman & Renshaw

Buy

$107

Reiterates

Aug 8, 2024
Vernon Bernardino
HC Wainwright & Co.

Neutral


Reiterates

Jul 19, 2024
Soumit Roy
Jones Trading

Hold


Downgrade

Jul 1, 2024
Vernon Bernardino
HC Wainwright & Co.

Neutral


Downgrade

Jul 1, 2024
Vernon Bernardino
HC Wainwright & Co.

Buy

$131

Maintains

May 17, 2024
Vernon Bernardino
HC Wainwright & Co.

Buy

$124

Reiterates

Mar 5, 2024
Vernon Bernardino
HC Wainwright & Co.

Buy

$124

Reiterates

Aug 8, 2023
Vernon Bernardino
HC Wainwright & Co.

Buy

$124

Reiterates

Jul 6, 2023
Vernon Bernardino
HC Wainwright & Co.

Buy

$124

Reiterates

May 11, 2023
Vernon Bernardino
HC Wainwright & Co.

Buy

$124

Reiterates

May 9, 2023
Vernon Bernardino
HC Wainwright & Co.

Buy

$124

Reiterates

Mar 6, 2023
Vernon Bernardino
HC Wainwright & Co.

Buy

$124

Reiterates

Jan 24, 2023
Mayank Mamtani
B. Riley Securities

Buy

$44

Maintains

Aug 11, 2022
Mayank Mamtani
B. Riley Securities

Buy

$72

Maintains

Jan 24, 2022
Vernon Bernardino
HC Wainwright & Co.

Buy

$124

Maintains

Jul 20, 2021
Mayank Mamtani
B. Riley Securities

Buy

$111

Maintains

Jun 23, 2021

B. Riley Securities

Buy


Initiates

Apr 27, 2021

B. Riley FBR

Buy


Initiates

Apr 27, 2021

JonesTrading

Buy


Initiates

Mar 17, 2021

SAVA Company Information

  • Company Type: Clinical stage biotechnology company
  • Focus: Developing drugs for neurodegenerative diseases
  • Lead Product Candidate: Simufilam - a small molecule drug
  • Clinical Trials: Completed Phase 2 clinical trial for simufilam
  • Investigational Diagnostic: SavaDx - a blood-based biomarker/diagnostic for Alzheimer's disease
  • Former Name: Pain Therapeutics, Inc. (renamed in March 2019)
  • Incorporation: Founded in 1998
  • Headquarters: Austin, Texas
SAVA
Cassava Sciences Inc (SAVA)

When did it IPO

N/A

Staff Count

29

Country

United States

Sector/Industry

Healthcare/Biotechnology

CEO

Mr. Remi Barbier

Market Cap

$1.38B

Cassava Sciences Inc (SAVA) Financial Data

In 2023, SAVA generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that SAVA'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 -37.4%
  • Return on equity TTM -8.3%
  • Profit Margin 0.0%
  • Book Value Per Share 3.94%
  • Market capitalisation $1.38B
  • Revenue for 2021 $0
  • Revenue for 2022 $0
  • Revenue for 2023 $0
  • EPS this year (TTM) $-2.62

Cassava Sciences Inc (SAVA) Latest News

News Image

Tue, 03 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Cassava Sciences, Inc. (Nasdaq: SAVA) will present at the H.C. Wainwright 26th Annual Global Investment Conference in New York, highlighting its focus on Alzheimer's disease.

Why It Matters - Cassava Sciences' presentation at a major investment conference could boost visibility and investor interest, potentially impacting stock performance and future funding opportunities.

News Image

Sat, 10 Aug 2024

Sentiment - NEUTRAL

Source - MarketBeat

Summary - Cassava Sciences (NASDAQ: SAVA) shares surged 133% in the past month, now over 190% above their 52-week low, attracting significant trader interest due to increased volatility and liquidity.

Why It Matters - Cassava Sciences' 133% surge and high volatility indicate strong market interest, creating potential trading opportunities and risks for investors looking to capitalize on price movements.

News Image

Tue, 06 Aug 2024

Sentiment - NEUTRAL

Source - InvestorPlace

Summary - Cassava Sciences (NASDAQ: SAVA) is trending among traders today, indicating heightened interest. Investors should monitor this stock closely for potential opportunities.

Why It Matters - Cassava Sciences trending stock can indicate increased trading volume and volatility, potentially leading to price fluctuations that traders might capitalize on for profit.

News Image

Thu, 08 Aug 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Cassava Sciences reported Q2 earnings and plans to release Phase 3 study data for Alzheimer's drug simufilam in 2024, amid an SEC investigation and recent executive resignations.

Why It Matters - Cassava's Q2 earnings and upcoming Phase 3 study data are crucial for assessing its Alzheimer's drug's potential. Leadership changes and an SEC investigation raise concerns about stability and transparency.

News Image

Tue, 06 Aug 2024

Sentiment - NEUTRAL

Source - Schaeffers Research

Summary - Biotech stocks are in focus after a historically strong month for the SPDR S&P Biotech ETF (XBI), indicating potential investment opportunities in the sector.

Why It Matters - A historically bullish month for the SPDR S&P Biotech ETF (XBI) suggests strong investor confidence in biotech, potentially driving stock prices and influencing investment strategies.

News Image

Mon, 05 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Cassava Sciences, Inc. (Nasdaq: SAVA) announced the passing of long-time board member Sanford Robertson on August 5, 2024.

Why It Matters - The passing of a long-time board member may signal potential changes in leadership or strategy at Cassava Sciences, impacting investor confidence and future company direction.

...

SAVA Frequently asked questions

The highest forecasted price for SAVA is $131 from Vernon Bernardino at HC Wainwright & Co..

The lowest forecasted price for SAVA is $75 from from

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