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FY2026 Earnings Forecast for BNTC Issued By Leerink Partnrs

Benitec Biopharma logo with Medical background

Key Points

  • Leerink Partners has lowered their FY2026 earnings per share forecast for Benitec Biopharma to ($1.14), down from a previous forecast of ($1.05), while the current consensus estimate is ($1.48).
  • Benitec Biopharma's stock is currently rated as a "Buy" by most analysts, with a consensus price target of $24.80 despite a recent earnings miss of ($0.18) below estimates.
  • The company's stock has seen institutional interest, with 52.19% of shares owned by hedge funds and institutional investors, indicating growing confidence in the company's potential.
  • MarketBeat previews the top five stocks to own by October 1st.

Benitec Biopharma Limited (NASDAQ:BNTC - Free Report) - Research analysts at Leerink Partnrs lowered their FY2026 earnings per share (EPS) estimates for Benitec Biopharma in a note issued to investors on Monday, September 22nd. Leerink Partnrs analyst M. Foroohar now anticipates that the biotechnology company will post earnings of ($1.14) per share for the year, down from their previous forecast of ($1.05). The consensus estimate for Benitec Biopharma's current full-year earnings is ($1.48) per share.

Several other analysts have also issued reports on the stock. JMP Securities restated a "market outperform" rating and set a $20.00 target price on shares of Benitec Biopharma in a research report on Wednesday. Oppenheimer reissued an "outperform" rating and set a $29.00 price target (down previously from $35.00) on shares of Benitec Biopharma in a report on Tuesday, September 16th. Finally, TD Cowen assumed coverage on Benitec Biopharma in a research note on Monday, July 7th. They issued a "buy" rating on the stock. One research analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the company's stock. According to MarketBeat, Benitec Biopharma currently has a consensus rating of "Buy" and a consensus price target of $24.80.

Get Our Latest Analysis on Benitec Biopharma

Benitec Biopharma Stock Up 6.6%

BNTC stock opened at $14.09 on Thursday. Benitec Biopharma has a fifty-two week low of $8.49 and a fifty-two week high of $17.15. The company has a market cap of $369.86 million, a price-to-earnings ratio of -9.58 and a beta of 0.43. The company has a debt-to-equity ratio of 0.01, a quick ratio of 14.80 and a current ratio of 14.80. The business's 50-day moving average is $12.65 and its two-hundred day moving average is $13.47.

Benitec Biopharma (NASDAQ:BNTC - Get Free Report) last released its quarterly earnings data on Thursday, September 25th. The biotechnology company reported ($0.42) EPS for the quarter, missing the consensus estimate of ($0.24) by ($0.18).

Hedge Funds Weigh In On Benitec Biopharma

Several institutional investors have recently bought and sold shares of BNTC. Police & Firemen s Retirement System of New Jersey purchased a new stake in Benitec Biopharma in the 2nd quarter worth $38,000. JPMorgan Chase & Co. bought a new stake in shares of Benitec Biopharma in the second quarter worth about $80,000. Bank of America Corp DE lifted its position in shares of Benitec Biopharma by 2,255.8% in the second quarter. Bank of America Corp DE now owns 6,879 shares of the biotechnology company's stock worth $80,000 after buying an additional 6,587 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Benitec Biopharma during the 2nd quarter valued at approximately $93,000. Finally, New York State Common Retirement Fund bought a new stake in Benitec Biopharma in the 2nd quarter worth approximately $95,000. 52.19% of the stock is owned by hedge funds and other institutional investors.

Benitec Biopharma Company Profile

(Get Free Report)

Benitec Biopharma Inc, a clinical-stage biotechnology company, focuses on the development of novel genetic medicines. The company develops DNA-directed RNA interference-based therapeutics for chronic and life-threatening human conditions. It is developing BB-301, an adeno-associated virus based gene therapy agent for treating oculopharyngeal muscular dystrophy.

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Earnings History and Estimates for Benitec Biopharma (NASDAQ:BNTC)

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