Free Trial
NASDAQ:ABOS

Acumen Pharmaceuticals (ABOS) Stock Price, News & Analysis

$2.22
-0.05 (-2.20%)
(As of 09/6/2024 ET)
Today's Range
$2.15
$2.27
50-Day Range
$2.22
$3.54
52-Week Range
$1.81
$5.86
Volume
324,831 shs
Average Volume
366,143 shs
Market Capitalization
$133.38 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.00

Acumen Pharmaceuticals MarketRank™ Stock Analysis

Analyst Rating
Buy
3.25 Rating Score
Upside/​Downside
305.4% Upside
$9.00 Price Target
Short Interest
Healthy
4.11% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($1.32) to ($1.40) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.61 out of 5 stars

Medical Sector

630th out of 910 stocks

Biological Products, Except Diagnostic Industry

102nd out of 155 stocks

ABOS stock logo

About Acumen Pharmaceuticals Stock (NASDAQ:ABOS)

Acumen Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, discovers and develops therapies for the treatment of Alzheimer's disease. The company focuses on advancing a targeted immunotherapy drug candidate ACU193, a humanized monoclonal antibody that is in Phase I clinical-stage to target soluble amyloid-beta oligomers. Acumen Pharmaceuticals, Inc. was incorporated in 1996 and is headquartered in Charlottesville, Virginia.

ABOS Stock Price History

ABOS Stock News Headlines

Say Goodbye to the US Dollar
The warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late...
Q2 2024 Acumen Pharmaceuticals Inc Earnings Call
Say Goodbye to the US Dollar
The warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late...
Q1 2024 Acumen Pharmaceuticals Inc Earnings Call
See More Headlines
Receive ABOS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Acumen Pharmaceuticals and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
8/13/2024
Today
9/07/2024
Next Earnings (Estimated)
11/11/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:ABOS
Fax
N/A
Employees
20
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.00
High Stock Price Target
$15.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+305.4%
Consensus Rating
Buy
Rating Score (0-4)
3.25
Research Coverage
4 Analysts

Profitability

Net Income
$-52,370,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$4.06 per share

Miscellaneous

Free Float
55,814,000
Market Cap
$133.38 million
Optionable
Optionable
Beta
0.09
20 High-Yield Dividend Stocks that Could Ruin Your Retirement Cover

Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.

Get This Free Report

Key Executives

  • Mr. Daniel J. O'Connell M.B.A. (Age 53)
    CEO & Director
    Comp: $901.2k
  • Mr. Matt Zuga
    CFO & Chief Business Officer
  • Mr. Derek M. Meisner Esq. (Age 53)
    J.D., Chief Legal Officer & Corporate Secretary
    Comp: $240.17k
  • Dr. James Doherty Ph.D. (Age 56)
    President & Chief Development Officer
  • Dr. Grant A. Krafft Ph.D.
    Co-Founder
  • Dr. Caleb E. Finch Ph.D.
    Co-Founder
  • Dr. William L. Klein Ph.D.
    Co-Founder
  • Mr. Russell Barton M.S. (Age 65)
    Chief Operating Officer
    Comp: $223.68k
  • Ms. Kelly Carranza
    Vice President, Finance & Accounting and Corporate Controller
  • Ms. Alex Braun M.B.A.
    VP & Head of Investor Relations

ABOS Stock Analysis - Frequently Asked Questions

How have ABOS shares performed this year?

Acumen Pharmaceuticals' stock was trading at $3.84 at the beginning of 2024. Since then, ABOS stock has decreased by 42.2% and is now trading at $2.22.
View the best growth stocks for 2024 here
.

How were Acumen Pharmaceuticals' earnings last quarter?

Acumen Pharmaceuticals, Inc. (NASDAQ:ABOS) announced its quarterly earnings results on Tuesday, August, 13th. The company reported ($0.34) earnings per share for the quarter, missing analysts' consensus estimates of ($0.28) by $0.06.

When did Acumen Pharmaceuticals IPO?

Acumen Pharmaceuticals (ABOS) raised $125 million in an IPO on Thursday, July 1st 2021. The company issued 8,333,333 shares at $14.00-$16.00 per share.

Who are Acumen Pharmaceuticals' major shareholders?

Acumen Pharmaceuticals' top institutional investors include Millennium Management LLC (3.25%), Renaissance Technologies LLC (0.56%), Bank of New York Mellon Corp (0.21%) and Dimensional Fund Advisors LP (0.09%). Insiders that own company stock include Ra Capital Management, LP, Daniel Joseph Oconnell, Matt Zuga, Derek M Meisner, Russell Barton and Jeffrey L Ives.
View institutional ownership trends
.

How do I buy shares of Acumen Pharmaceuticals?

Shares of ABOS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ABOS) was last updated on 9/7/2024 by MarketBeat.com Staff

From Our Partners