HC Wainwright Issues Positive Estimate for SLGL Earnings

Key Points

• HC Wainwright raised its Q2 2026 EPS estimate for Sol-Gel Technologies to ($1.29) from ($1.81) and kept a Buy rating with a $110 price target.
• Sol-Gel recently reported ($1.31) EPS for Q1, which beat Wall Street’s estimate of ($2.86), though revenue came in at just $0.11 million versus expectations of $0.90 million.
• Analyst sentiment is generally constructive, with MarketBeat showing a Moderate Buy consensus and an average target price of $197.50; meanwhile, insiders and institutions have also been active buyers of the stock.

Sol-Gel Technologies Ltd. (NASDAQ:SLGL - Free Report) - Analysts at HC Wainwright increased their Q2 2026 earnings per share estimates for Sol-Gel Technologies in a research note issued on Monday, July 20th. HC Wainwright analyst R. Selvaraju now forecasts that the company will post earnings of ($1.29) per share for the quarter, up from their prior estimate of ($1.81). HC Wainwright has a "Buy" rating and a $110.00 price objective on the stock. The consensus estimate for Sol-Gel Technologies' current full-year earnings is ($9.10) per share. HC Wainwright also issued estimates for Sol-Gel Technologies' Q3 2026 earnings at ($1.71) EPS, Q4 2026 earnings at ($1.72) EPS, Q1 2027 earnings at ($1.17) EPS, Q2 2027 earnings at ($1.09) EPS, Q3 2027 earnings at ($1.29) EPS, Q4 2027 earnings at ($1.42) EPS and FY2027 earnings at ($4.97) EPS.

Sol-Gel Technologies (NASDAQ:SLGL - Get Free Report) last released its quarterly earnings data on Thursday, May 28th. The company reported ($1.31) EPS for the quarter, topping analysts' consensus estimates of ($2.86) by $1.55. The company had revenue of $0.11 million for the quarter, compared to the consensus estimate of $0.90 million. Sol-Gel Technologies had a negative return on equity of 3.17% and a negative net margin of 5.66%.

Several other research analysts have also commented on SLGL. Wall Street Zen lowered shares of Sol-Gel Technologies from a "buy" rating to a "hold" rating in a report on Saturday, May 16th. Lifesci Capital raised shares of Sol-Gel Technologies to a "strong-buy" rating in a research report on Friday, May 15th. TD Cowen assumed coverage on shares of Sol-Gel Technologies in a research note on Friday, May 29th. They issued a "buy" rating on the stock. Mizuho started coverage on shares of Sol-Gel Technologies in a research note on Wednesday, June 24th. They issued an "outperform" rating and a $285.00 target price on the stock. Finally, Weiss Ratings lowered shares of Sol-Gel Technologies from a "sell (d+)" rating to a "sell (d-)" rating in a report on Thursday, June 4th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $197.50.

Sol-Gel Technologies Stock Performance

Shares of NASDAQ:SLGL opened at $89.74 on Wednesday. The stock has a 50-day simple moving average of $74.23 and a 200-day simple moving average of $73.00. The stock has a market capitalization of $252.17 million, a P/E ratio of -263.93 and a beta of 1.12. Sol-Gel Technologies has a 1 year low of $8.60 and a 1 year high of $97.97.

Insider Buying and Selling

In related news, major shareholder Opaleye Management Inc. purchased 1,937 shares of Sol-Gel Technologies stock in a transaction that occurred on Wednesday, May 13th. The shares were purchased at an average cost of $66.87 per share, with a total value of $129,527.19. Following the transaction, the insider owned 488,437 shares of the company's stock, valued at approximately $32,661,782.19. The trade was a 0.40% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Over the last quarter, insiders purchased 5,678 shares of company stock worth $393,758. Insiders own 66.51% of the company's stock.

Institutional Trading of Sol-Gel Technologies

A number of hedge funds have recently made changes to their positions in the company. Yelin Lapidot Holdings Management Ltd. acquired a new position in shares of Sol-Gel Technologies during the fourth quarter worth $748,000. Affinity Asset Advisors LLC acquired a new stake in Sol-Gel Technologies during the 1st quarter valued at $2,773,000. Finally, Opaleye Management Inc. increased its stake in Sol-Gel Technologies by 121.5% during the 4th quarter. Opaleye Management Inc. now owns 453,739 shares of the company's stock worth $19,121,000 after buying an additional 248,904 shares during the period. Hedge funds and other institutional investors own 26.18% of the company's stock.

Sol-Gel Technologies Company Profile

Sol-Gel Technologies, Inc NASDAQ: SLGL is a U.S.-based advanced materials company specializing in the development and commercialization of nanostructured materials using proprietary sol-gel processes. Leveraging expertise in materials chemistry and thin-film deposition, the company focuses on the production of metal oxide powders, sols, coatings and functional inks designed to enhance performance in a variety of industrial and commercial applications.

The company's product portfolio includes corrosion- and abrasion-resistant coatings, dielectric and conductive films, catalyst supports and specialty fillers.

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