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Revolution Medicines (RVMD) Stock Price, News & Analysis

$41.84
-1.40 (-3.24%)
(As of 09/6/2024 ET)
Today's Range
$40.80
â–Ľ
$43.80
50-Day Range
$36.92
â–Ľ
$47.94
52-Week Range
$15.44
â–Ľ
$48.61
Volume
861,530 shs
Average Volume
788,312 shs
Market Capitalization
$6.99 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$52.92

Revolution Medicines MarketRank™ Stock Analysis

Analyst Rating
Buy
3.08 Rating Score
Upside/​Downside
26.5% Upside
$52.92 Price Target
Short Interest
Bearish
10.21% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.81
Upright™ Environmental Score
News Sentiment
0.86mentions of Revolution Medicines in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$2.64 M Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($3.47) to ($3.82) 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.

4.05 out of 5 stars

Medical Sector

167th out of 910 stocks

Biological Products, Except Diagnostic Industry

19th out of 155 stocks

RVMD stock logo

About Revolution Medicines Stock (NASDAQ:RVMD)

Revolution Medicines, Inc., a clinical-stage precision oncology company, develops novel targeted therapies for RAS-addicted cancers. The company's research and development pipeline comprises RAS(ON) inhibitors designed to be used as monotherapy in combination with other RAS(ON) inhibitors and/or in combination with RAS companion inhibitors or other therapeutic agents, and RAS companion inhibitors for combination treatment strategies. Its RAS(ON) inhibitors include RMC-6236 (multi), RMC-6291 (G12C), and RMC-9805 (G12D), which are in phase 1 clinical trial; and development candidates comprise RMC-5127 (G12V), RMC-0708 (Q61H), and RMC-8839 (G13C), as well as programs focused on G12R and other targets. The company's RAS companion inhibitors include RMC-4630 that is in phase 2 clinical trial; and RMC-5552, which is in phase 1 clinical trial. Revolution Medicines, Inc. was incorporated in 2014 and is headquartered in Redwood City, California.

RVMD Stock Price History

RVMD Stock News Headlines

argenx SE (ARGX.VI)
Trump’s weapon lurks in abandoned America
Unemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…
Trump’s weapon lurks in abandoned America
Unemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…
See More Headlines
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Company Calendar

Last Earnings
8/07/2024
Today
9/07/2024
Next Earnings (Estimated)
11/04/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:RVMD
Fax
N/A
Employees
250
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$52.92
High Stock Price Target
$63.00
Low Stock Price Target
$40.00
Potential Upside/Downside
+26.5%
Consensus Rating
Buy
Rating Score (0-4)
3.08
Research Coverage
12 Analysts

Profitability

Net Income
$-436,370,000.00
Pretax Margin
-70,448.93%

Debt

Sales & Book Value

Annual Sales
$742,000.00
Book Value
$11.09 per share

Miscellaneous

Free Float
151,787,000
Market Cap
$6.90 billion
Optionable
Optionable
Beta
1.43
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Key Executives


RVMD Stock Analysis - Frequently Asked Questions

How have RVMD shares performed this year?

Revolution Medicines' stock was trading at $28.68 on January 1st, 2024. Since then, RVMD shares have increased by 45.9% and is now trading at $41.84.
View the best growth stocks for 2024 here
.

How were Revolution Medicines' earnings last quarter?

Revolution Medicines, Inc. (NASDAQ:RVMD) released its earnings results on Wednesday, August, 7th. The company reported ($0.81) earnings per share for the quarter, missing analysts' consensus estimates of ($0.77) by $0.04. The company's revenue for the quarter was down 73.8% on a year-over-year basis.

When did Revolution Medicines IPO?

Revolution Medicines (RVMD) raised $150 million in an initial public offering on Thursday, February 13th 2020. The company issued 10,000,000 shares at a price of $14.00-$16.00 per share. J.P. Morgan, Cowen, SVB Leerink and Guggenheim Securities acted as the underwriters for the IPO.

Who are Revolution Medicines' major shareholders?

Top institutional investors of Revolution Medicines include Farallon Capital Management LLC (5.84%), Alphabet Inc. (3.22%), Logos Global Management LP (0.73%) and Hood River Capital Management LLC (0.55%). Insiders that own company stock include Rock Ventures Iii LP Third, Thilo Schroeder, Mark A Goldsmith, Stephen Michael Kelsey, Margaret A Horn, Jack Anders, Lorence H Kim, Jeff Cislini, Xiaolin Wang, Sushil Patel and Barbara Weber.
View institutional ownership trends
.

How do I buy shares of Revolution Medicines?

Shares of RVMD 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.

What other stocks do shareholders of Revolution Medicines own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Revolution Medicines investors own include Alector (ALEC), Editas Medicine (EDIT), Homology Medicines (FIXX), Gossamer Bio (GOSS), Livongo Health (LVGO), Sorrento Therapeutics (SRNE) and Black Diamond Therapeutics (BDTX).

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

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