Revolution Medicines (RVMD) Stock Price, News & Analysis

$37.38
+0.21 (+0.56%)
(As of 05/14/2024 ET)
Today's Range
$36.92
$37.98
50-Day Range
$29.94
$40.20
52-Week Range
$15.44
$40.21
Volume
947,179 shs
Average Volume
1.17 million shs
Market Capitalization
$6.17 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$43.20

Revolution Medicines MarketRank™ Stock Analysis

Analyst Rating
Buy
3.10 Rating Score
Upside/​Downside
15.6% Upside
$43.20 Price Target
Short Interest
Bearish
7.59% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.81
Upright™ Environmental Score
News Sentiment
0.58mentions of Revolution Medicines in the last 14 days
Based on 28 Articles This Week
Insider Trading
Selling Shares
$1.03 M Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($3.13) to ($3.51) 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.

3.70 out of 5 stars

Medical Sector

245th out of 928 stocks

Biological Products, Except Diagnostic Industry

33rd out of 153 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

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Company Calendar

Last Earnings
5/08/2024
Today
5/14/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Current Symbol
NASDAQ:RVMD
Fax
N/A
Employees
378
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$43.20
High Stock Price Target
$48.00
Low Stock Price Target
$34.00
Potential Upside/Downside
+15.6%
Consensus Rating
Buy
Rating Score (0-4)
3.10
Research Coverage
10 Analysts

Profitability

Net Income
$-436,370,000.00
Pretax Margin
-10,683.22%

Debt

Sales & Book Value

Annual Sales
$11.58 million
Book Value
$11.09 per share

Miscellaneous

Free Float
150,962,000
Market Cap
$6.17 billion
Optionable
Optionable
Beta
1.46
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RVMD Stock Analysis - Frequently Asked Questions

Should I buy or sell Revolution Medicines stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Revolution Medicines in the last twelve months. There are currently 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" RVMD shares.
View RVMD analyst ratings
or view top-rated stocks.

What is Revolution Medicines' stock price target for 2024?

10 equities research analysts have issued 12-month target prices for Revolution Medicines' stock. Their RVMD share price targets range from $34.00 to $48.00. On average, they expect the company's share price to reach $43.20 in the next twelve months. This suggests a possible upside of 15.6% from the stock's current price.
View analysts price targets for RVMD
or view top-rated stocks among Wall Street analysts.

How have RVMD shares performed in 2024?

Revolution Medicines' stock was trading at $28.68 at the beginning of the year. Since then, RVMD shares have increased by 30.3% and is now trading at $37.38.
View the best growth stocks for 2024 here
.

When is Revolution Medicines' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our RVMD earnings forecast
.

How were Revolution Medicines' earnings last quarter?

Revolution Medicines, Inc. (NASDAQ:RVMD) issued its quarterly earnings results on Wednesday, May, 8th. The company reported ($0.70) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.75) by $0.05. The firm's revenue for the quarter was down 100.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.72) earnings per share.

What other stocks do shareholders of Revolution Medicines own?

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

When did Revolution Medicines IPO?

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

Who are Revolution Medicines' major shareholders?

Revolution Medicines' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.66%), Mass General Brigham Inc (0.21%), Susquehanna Fundamental Investments LLC (0.12%), American International Group Inc. (0.04%), Seven Eight Capital LP (0.04%) and Mirae Asset Global Investments Co. Ltd. (0.03%). Insiders that own company stock include Barbara Weber, Jack Anders, Jeanna Steele, Jeff Cislini, Lorence H Kim, Margaret A Horn, Mark A Goldsmith, Rock Ventures Ii LP Third, Rock Ventures Iii LP Third, Stephen Michael Kelsey, Sushil Patel, Thilo Schroeder and Xiaolin Wang.
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.

This page (NASDAQ:RVMD) was last updated on 5/15/2024 by MarketBeat.com Staff

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