NASDAQ:ADVM Adverum Biotechnologies (ADVM) Stock Price, News & Analysis → Secret energy grid to power millions of homes (From Porter & Company) (Ad) Free ADVM Stock Alerts $7.35 -0.10 (-1.34%) (As of 06/7/2024 ET) Add Compare Share Share Today's Range$7.27▼$7.4950-Day Range$7.35▼$13.8952-Week Range$7.24▼$29.70Volume93,793 shsAverage Volume282,844 shsMarket Capitalization$152.59 millionP/E RatioN/ADividend YieldN/APrice Target$29.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Adverum Biotechnologies alerts: Email Address Adverum Biotechnologies MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside294.6% Upside$29.00 Price TargetShort InterestHealthy5.85% of Float Sold ShortDividend StrengthN/ASustainability-0.78Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings GrowthDecreasingFrom ($5.42) to ($5.55) Per ShareSee Full Details Hide Full Details 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.3.61 out of 5 starsMedical Sector120th out of 905 stocksBiological Products, Except Diagnostic Industry12th out of 150 stocks 3.5 Analyst's Opinion Consensus RatingAdverum Biotechnologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageAdverum Biotechnologies has only been the subject of 4 research reports in the past 90 days.Read more about Adverum Biotechnologies' stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted5.85% of the float of Adverum Biotechnologies has been sold short.Short Interest Ratio / Days to CoverAdverum Biotechnologies has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Adverum Biotechnologies has recently decreased by 36.48%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldAdverum Biotechnologies does not currently pay a dividend.Dividend GrowthAdverum Biotechnologies does not have a long track record of dividend growth. Previous Next 4.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAdverum Biotechnologies has received a 77.25% net impact score from Upright. The largest positive contribution comes from its "Creating knowledge" impact, which is false driven by its "Clinical research services for physiological diseases ", "Preclinical research services for mental health", and "Preclinical research services for physical health" products. See details.Environmental SustainabilityThe Environmental Impact score for Adverum Biotechnologies is -0.78. Previous Next 0.0 News and Social Media Coverage Search InterestOnly 5 people have searched for ADVM on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Adverum Biotechnologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Adverum Biotechnologies insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.20% of the stock of Adverum Biotechnologies is held by insiders.Percentage Held by Institutions48.17% of the stock of Adverum Biotechnologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Adverum Biotechnologies' insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Adverum Biotechnologies are expected to decrease in the coming year, from ($5.42) to ($5.55) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Adverum Biotechnologies is -0.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Adverum Biotechnologies is -0.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAdverum Biotechnologies has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Adverum Biotechnologies' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Daily Market AlertsTop 5 Tech Stocks to Buy for 2024The next evolution of technology is already upending industries worth $7 Trillion… It's already got the world's most powerful tech companies (including Microsoft, Intel, and Google) investing billions. And one tiny company will be the driving force behind this new tech revolution…Click below for your free report "Top 5 Tech Stocks to Buy in 2024", About Adverum Biotechnologies Stock (NASDAQ:ADVM)Adverum Biotechnologies, Inc., a clinical-stage company, develops gene therapy product candidates to treat ocular diseases. Its lead product candidate is ixoberogene soroparvovec (ADVM-022), a single intravitreal injection gene therapy candidate used for the treatment of patients with wet age-related macular degeneration and diabetic macular edema which is in phase 2 clinical trials. The company is developing ADVM-062 (AAV.7m8-L-opsin), a novel gene therapy product candidate for the treatment of blue cone monochromacy via a single IVT injection. Adverum Biotechnologies, Inc. has license and collaboration agreements with University of California; GenSight Biologics; Lexeo Therapeutics; and Virovek, Inc. The company was formerly known as Avalanche Biotechnologies, Inc. and changed its name to Adverum Biotechnologies, Inc. in May 2016. Adverum Biotechnologies, Inc. was incorporated in 2006 and is headquartered in Redwood City, California.Read More ADVM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ADVM Stock News HeadlinesMay 30, 2024 | americanbankingnews.comAdverum Biotechnologies, Inc. (NASDAQ:ADVM) Sees Significant Decrease in Short InterestMay 10, 2024 | markets.businessinsider.comBuy Rating Affirmed for Adverum’s Gene Therapy on Promising Interim Phase 2 Results and Potential Standard of Care Shift in nAMD TreatmentMay 10, 2024 | finance.yahoo.comAdverum Biotechnologies Reports Q1 2024 Results: A Detailed Look at Financials and Pipeline ProgressMay 10, 2024 | investorplace.comADVM Stock Earnings: Adverum Biotechnologies Misses EPS for Q1 2024May 9, 2024 | chron.comAdverum Biotechnologies: Q1 Earnings SnapshotMay 9, 2024 | globenewswire.comAdverum Biotechnologies Reports First Quarter 2024 Financial Results and Provides Pipeline HighlightsMay 9, 2024 | finance.yahoo.comAre Medical Stocks Lagging Ligand Pharmaceuticals (LGND) This Year?May 3, 2024 | globenewswire.comAdverum Biotechnologies to Participate in Upcoming May Investor ConferencesApril 25, 2024 | globenewswire.comAdverum Biotechnologies to Present LUNA 26-week Phase 2 Interim Analysis at the ASRS Annual Scientific MeetingApril 18, 2024 | money.usnews.comAdverum Biotechnologies IncMarch 28, 2024 | markets.businessinsider.comAnalysts Are Neutral on These Healthcare Stocks: SAGE Therapeutics (SAGE), Adverum Biotechnologies (ADVM)March 21, 2024 | markets.businessinsider.comPositive Outlook for Adverum Biotechnologies with Upcoming Ixo-vec Milestones and Strong Financial PositionMarch 20, 2024 | finance.yahoo.comAdverum Biotechnologies Reports Encouraging Clinical Progress Amidst Financial AdjustmentsMarch 19, 2024 | finance.yahoo.comIs Adverum Biotechnologies (ADVM) Stock Outpacing Its Medical Peers This Year?March 19, 2024 | markets.businessinsider.comAdverum Biotechnologies (ADVM) Receives a Buy from TD CowenMarch 18, 2024 | investorplace.comADVM Stock Earnings: Adverum Biotechnologies Beats EPS for Q4 2023March 18, 2024 | globenewswire.comAdverum Biotechnologies Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Pipeline Highlights and Corporate UpdatesMarch 17, 2024 | seekingalpha.comADVM Adverum Biotechnologies, Inc.March 6, 2024 | finance.yahoo.comADVM Apr 2024 5.000 callMarch 6, 2024 | investorplace.comTurn Pocket Change into Profit: 3 Penny Stocks Ready to PopFebruary 28, 2024 | globenewswire.comAdverum Biotechnologies to Participate in the TD Cowen 44th Annual Health Care ConferenceFebruary 27, 2024 | investorplace.comStocks on the Launchpad: The Next 3 Market SensationsFebruary 25, 2024 | msn.comAdverum Biotechnologies (ADVM) Price Target Increased by 10.53% to 4.28February 22, 2024 | benzinga.comAdverum Biotechnologies Stock (NASDAQ:ADVM), Short Interest ReportFebruary 22, 2024 | investorplace.comUnleash Massive Returns With These 3 Top Penny StocksSee More Headlines Receive ADVM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Adverum Biotechnologies and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/09/2024Today6/08/2024Next Earnings (Estimated)8/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Biological products, except diagnostic Sub-IndustryN/A Current SymbolNASDAQ:ADVM CUSIPN/A CIK1501756 Webwww.adverum.com Phone(650) 656-9323Fax650-329-8151Employees121Year FoundedN/APrice Target and Rating Average Stock Price Target$29.00 High Stock Price Target$60.00 Low Stock Price Target$4.00 Potential Upside/Downside+294.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($10.20) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-117,170,000.00 Net MarginsN/A Pretax Margin-3,284.53% Return on Equity-90.38% Return on Assets-51.37% Debt Debt-to-Equity RatioN/A Current Ratio9.24 Quick Ratio9.24 Sales & Book Value Annual Sales$3.60 million Price / Sales42.39 Cash FlowN/A Price / Cash FlowN/A Book Value$8.26 per share Price / Book0.89Miscellaneous Outstanding Shares20,760,000Free Float19,885,000Market Cap$152.59 million OptionableOptionable Beta1.13 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesDr. Laurent Fischer (Age 60)President, CEO & Director Comp: $1.02MMs. Linda M. Rubinstein M.A. (Age 57)CFO, Principal Financial Officer & Principal Accounting Officer Comp: $940.99kMr. Kishor Peter Soparkar J.D. (Age 53)Chief Operating Officer Comp: $674.98kDr. Setareh Seyedkazemi Pharm.D. (Age 50)Chief Development Officer Comp: $656.84kDr. R. Andrew Ramelmeier Ph.D. (Age 62)Chief Technology Officer Dr. Romuald Corbau Ph.D. (Age 55)Chief Scientific Officer Mr. John W. Rakow J.D. (Age 67)Senior VP & General Counsel Comp: $954.24kMs. Dena HouseChief People OfficerMs. Carla FiankanSenior Vice President of Regulatory AffairsMr. Michael SteelSenior Vice President of QualityMore ExecutivesKey CompetitorsSangamo TherapeuticsNASDAQ:SGMOCortexymeNASDAQ:CRTXValnevaNASDAQ:VALNiTeos TherapeuticsNASDAQ:ITOSLexeo TherapeuticsNASDAQ:LXEOView All CompetitorsInsiders & InstitutionsAvoro Capital Advisors LLCBought 416,666 shares on 5/15/2024Ownership: 2.007%Vanguard Group Inc.Sold 3,281,883 shares on 5/10/2024Ownership: 4.370%Acadian Asset Management LLCSold 25,033 shares on 5/10/2024Ownership: 0.014%Picton Mahoney Asset ManagementBought 123,966 shares on 5/9/2024Ownership: 0.597%Versant Venture Management LLCSold 4,561,411 shares on 5/3/2024Ownership: 2.442%View All Insider TransactionsView All Institutional Transactions ADVM Stock Analysis - Frequently Asked Questions Should I buy or sell Adverum Biotechnologies stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Adverum Biotechnologies in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ADVM shares. View ADVM analyst ratings or view top-rated stocks. What is Adverum Biotechnologies' stock price target for 2024? 4 brokers have issued 12-month price targets for Adverum Biotechnologies' stock. Their ADVM share price targets range from $4.00 to $60.00. On average, they predict the company's stock price to reach $29.00 in the next twelve months. This suggests a possible upside of 294.6% from the stock's current price. View analysts price targets for ADVM or view top-rated stocks among Wall Street analysts. How have ADVM shares performed in 2024? Adverum Biotechnologies' stock was trading at $7.5280 at the beginning of 2024. Since then, ADVM shares have decreased by 2.4% and is now trading at $7.35. View the best growth stocks for 2024 here. Are investors shorting Adverum Biotechnologies? Adverum Biotechnologies saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 762,200 shares, a decline of 36.5% from the April 30th total of 1,200,000 shares. Based on an average daily volume of 308,400 shares, the short-interest ratio is presently 2.5 days. Currently, 5.9% of the company's stock are short sold. View Adverum Biotechnologies' Short Interest. When is Adverum Biotechnologies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024. View our ADVM earnings forecast. How were Adverum Biotechnologies' earnings last quarter? Adverum Biotechnologies, Inc. (NASDAQ:ADVM) issued its earnings results on Thursday, May, 9th. The biotechnology company reported ($1.50) EPS for the quarter, missing analysts' consensus estimates of ($1.28) by $0.22. When did Adverum Biotechnologies' stock split? Shares of Adverum Biotechnologies reverse split on Thursday, March 21st 2024. The 1-10 reverse split was announced on Thursday, March 21st 2024. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, March 21st 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split. What is Laurent Fischer, M.D.'s approval rating as Adverum Biotechnologies' CEO? 3 employees have rated Adverum Biotechnologies Chief Executive Officer Laurent Fischer, M.D. on Glassdoor.com. Laurent Fischer, M.D. has an approval rating of 72% among the company's employees. What other stocks do shareholders of Adverum Biotechnologies own? Based on aggregate information from My MarketBeat watchlists, some companies that other Adverum Biotechnologies investors own include CTI BioPharma (CTIC), California Resources (CRC), Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Amarin (AMRN), Endologix (ELGX), Immunomedics (IMMU), Advanced Micro Devices (AMD), Aurinia Pharmaceuticals (AUPH) and Genocea Biosciences (GNCA). Who are Adverum Biotechnologies' major shareholders? Adverum Biotechnologies' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vivo Capital LLC (7.23%), Vanguard Group Inc. (4.37%), BML Capital Management LLC (4.01%), Versant Venture Management LLC (2.44%), Avoro Capital Advisors LLC (2.01%) and Assenagon Asset Management S.A. (1.73%). Insiders that own company stock include Brigit Riley, Dawn Svoronos, James Paul Scopa, Julie Clark, Laurent Fischer, Peter Soparkar, Richard Beckman, Rupert D'souza and Setareh Seyedkazemi. View institutional ownership trends. How do I buy shares of Adverum Biotechnologies? Shares of ADVM 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:ADVM) was last updated on 6/8/2024 by MarketBeat.com Staff From Our PartnersMillionaire-Making “Wealth Pattern” Just Repeated on April 22If you think you missed out on the Bitcoin band wagon… You need to watch this immediately.Paradigm Press | SponsoredBreaking - The US Gov. Seized CITGODo you want an investment that can double or triple your money in the next three months? 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