Positive News SentimentPositive NewsNASDAQ:EWTX Edgewise Therapeutics (EWTX) Stock Price, News & Analysis → The ONE AI Stock to own now. (It’s not Nvidia.) (From Weiss Ratings) (Ad) Free EWTX Stock Alerts $17.13 -0.53 (-3.00%) (As of 06/10/2024 ET) Add Compare Share Share Today's Range$16.96▼$17.7450-Day Range$15.08▼$21.2352-Week Range$5.12▼$21.60Volume462,085 shsAverage Volume844,940 shsMarket Capitalization$1.60 billionP/E RatioN/ADividend YieldN/APrice Target$31.20 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Edgewise Therapeutics alerts: Email Address Edgewise Therapeutics MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside82.1% Upside$31.20 Price TargetShort InterestBearish10.04% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.73Based on 3 Articles This WeekInsider TradingSelling Shares$239,495 Sold Last QuarterProj. Earnings GrowthDecreasingFrom ($1.59) to ($1.98) 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.1.80 out of 5 starsMedical Sector642nd out of 904 stocksPharmaceutical Preparations Industry304th out of 427 stocks 3.5 Analyst's Opinion Consensus RatingEdgewise Therapeutics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageEdgewise Therapeutics has only been the subject of 3 research reports in the past 90 days.Read more about Edgewise Therapeutics' stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted10.04% of the float of Edgewise Therapeutics has been sold short.Short Interest Ratio / Days to CoverEdgewise Therapeutics has a short interest ratio ("days to cover") of 9.2.Change versus previous monthShort interest in Edgewise Therapeutics has recently increased by 1.07%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldEdgewise Therapeutics does not currently pay a dividend.Dividend GrowthEdgewise Therapeutics does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EWTX. Previous Next 3.7 News and Social Media Coverage News SentimentEdgewise Therapeutics has a news sentiment score of 1.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Edgewise Therapeutics this week, compared to 2 articles on an average week.MarketBeat Follows1 people have added Edgewise Therapeutics to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Edgewise Therapeutics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $239,495.00 in company stock.Percentage Held by Insiders24.11% of the stock of Edgewise Therapeutics is held by insiders. A high percentage of insider ownership can be a sign of company health.Read more about Edgewise Therapeutics' insider trading history. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Edgewise Therapeutics are expected to decrease in the coming year, from ($1.59) to ($1.98) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Edgewise Therapeutics is -11.05, 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 Edgewise Therapeutics is -11.05, 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 RatioEdgewise Therapeutics has a P/B Ratio of 3.78. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Edgewise Therapeutics' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsWho are Nvidia’s Silent Partners?Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.I call these Nvidia’s “Silent Partners.” About Edgewise Therapeutics Stock (NASDAQ:EWTX)Edgewise Therapeutics, Inc., a biopharmaceutical company, discovers, develops, and commercializes therapies for the treatment of muscle disorders. Its lead product candidate, EDG-5506, an orally administered small molecule that is in Phase II clinical trials, designed to address the root cause of dystrophinopathies including Duchenne muscular dystrophy and Becker muscular dystrophy. The company develops EDG-7500, a small molecule for the treatment of hypertrophic cardiomyopathy and other severe cardiac disorders that is in Phase I clinical trials. In addition, it develops a pipeline of precision medicine product candidates that target key muscle proteins and modulators to address genetically defined muscle disorders. Edgewise Therapeutics, Inc. was incorporated in 2017 and is headquartered in Boulder, Colorado.Read More EWTX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EWTX Stock News HeadlinesMay 14, 2024 | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: Sutro Biopharma (STRO), Edgewise Therapeutics (EWTX) and Forte Biosciences (FBRX)May 10, 2024 | finance.yahoo.comEdgewise Therapeutics Inc (EWTX) Reports First Quarter 2024 Financial ResultsMay 10, 2024 | businesswire.comEdgewise Therapeutics to Present at the RBC Capital Markets Global Healthcare Conference on May 15, 2024May 9, 2024 | investorplace.comEWTX Stock Earnings: Edgewise Therapeutics Beats EPS for Q1 2024May 6, 2024 | businesswire.comEdgewise Therapeutics Doses First Patient in Phase 2 CIRRUS-HCM Trial of EDG-7500 in Obstructive Hypertrophic Cardiomyopathy (HCM)April 23, 2024 | businesswire.comEdgewise Receives European Medicines Agency (EMA) Orphan Drug Designations for Sevasemten (EDG-5506) for the Treatment of Becker and Duchenne Muscular DystrophiesApril 22, 2024 | seekingalpha.comJANX Janux Therapeutics, Inc.April 17, 2024 | investing.comEdgewise reports positive Becker trial results, plans discussionApril 17, 2024 | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: Edgewise Therapeutics (EWTX) and Progyny (PGNY)April 15, 2024 | businesswire.comEdgewise Therapeutics Announces Positive Two-Year Topline Results from the ARCH Open Label Trial of Sevasemten (EDG-5506) in Adults with Becker Muscular Dystrophy (Becker)March 28, 2024 | businesswire.comEdgewise Therapeutics Announces Upcoming Podium Presentation at the American College of Cardiology's 2024 Annual Scientific SessionMarch 27, 2024 | businesswire.comEdgewise Therapeutics to Present at the Cantor Virtual Muscular Dystrophy Symposium on April 2, 2024March 5, 2024 | finance.yahoo.comEdgewise Therapeutics to Present at the Leerink Partners Global Biopharma Conference on March 11, 2024February 28, 2024 | businesswire.comEdgewise Therapeutics to Present on EDG-5506 for the Treatment of Becker Muscular Dystrophy at the 2024 MDA Clinical and Scientific ConferenceFebruary 26, 2024 | finance.yahoo.comWall Street Analysts Predict a 52.78% Upside in Edgewise Therapeutics, Inc. (EWTX): Here's What You Should KnowFebruary 25, 2024 | investing.comEdgewise Therapeutics earnings missed by $0.04, revenue was in line with estimatesFebruary 24, 2024 | msn.comEdgewise Therapeutics (EWTX) Price Target Increased by 8.00% to 27.54February 22, 2024 | benzinga.comEdgewise Therapeutics Stock (NASDAQ:EWTX), Short Interest ReportFebruary 22, 2024 | benzinga.comEdgewise Therapeutics: Q4 Earnings InsightsFebruary 22, 2024 | msn.comEdgewise Therapeutics Non-GAAP EPS of $0.47February 22, 2024 | finance.yahoo.comEdgewise Therapeutics Reports Fourth Quarter and Full Year 2023 Financial Results and Recent Business HighlightsFebruary 22, 2024 | businesswire.comEdgewise Therapeutics Reports Fourth Quarter and Full Year 2023 Financial Results and Recent Business HighlightsFebruary 22, 2024 | investing.comEdgewise Therapeutics Inc (EWTX)February 22, 2024 | markets.businessinsider.comAnalysts Are Bullish on These Healthcare Stocks: Edgewise Therapeutics (EWTX), Bicycle Therapeutics (BCYC)February 16, 2024 | finance.yahoo.comEWTX May 2024 30.000 callSee More Headlines Receive EWTX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Edgewise Therapeutics and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/09/2024Today6/10/2024Next Earnings (Estimated)8/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:EWTX CUSIPN/A CIK1710072 Webwww.edgewisetx.com Phone720-262-7002FaxN/AEmployees92Year FoundedN/APrice Target and Rating Average Stock Price Target$31.20 High Stock Price Target$48.00 Low Stock Price Target$25.00 Potential Upside/Downside+80.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($1.55) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-100,160,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-29.09% Return on Assets-27.57% Debt Debt-to-Equity RatioN/A Current Ratio37.08 Quick Ratio37.08 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$4.53 per share Price / Book3.81Miscellaneous Outstanding Shares93,400,000Free Float70,881,000Market Cap$1.61 billion OptionableOptionable Beta0.13 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesDr. Peter A. Thompson FACP (Age 64)M.D., Co-Founder & Independent Chairman Comp: $76kDr. Kevin Koch Ph.D. (Age 64)President, CEO & Director Comp: $905.52kDr. Badreddin Edris Ph.D. (Age 37)Co-Founder & Independent Director Comp: $43kDr. Behrad Derakhshan Ph.D. (Age 44)Chief Business Officer Comp: $630.67kDr. Joanne M. Donovan M.D. (Age 67)Ph.D., Chief Medical Officer Comp: $696.4kDr. Alan J. Russell Ph.D. (Age 54)Co-Founder, Chief Scientific Officer & Director Comp: $657.52kMr. R. Michael Carruthers (Age 66)Chief Financial Officer Comp: $386.01kMr. John R. Moore (Age 60)General Counsel Dr. Marc Semigran M.D. (Age 67)Chief Development Officer More ExecutivesKey CompetitorsKura OncologyNASDAQ:KURAZogenixNASDAQ:ZGNXIntersect ENTNASDAQ:XENTArcturus TherapeuticsNASDAQ:ARCTAnaptysBioNASDAQ:ANABView All CompetitorsInsiders & InstitutionsOpaleye Management Inc.Sold 34,000 shares on 5/29/2024Ownership: 0.712%RA Capital Management L.P.Bought 8,909,091 shares on 5/17/2024Ownership: 9.539%Artal Group S.A.Bought 811,718 shares on 5/17/2024Ownership: 0.869%Kennedy Capital Management LLCSold 49,599 shares on 5/16/2024Ownership: 0.314%California State Teachers Retirement SystemBought 6,847 shares on 5/16/2024Ownership: 0.039%View All Insider TransactionsView All Institutional Transactions EWTX Stock Analysis - Frequently Asked Questions Should I buy or sell Edgewise Therapeutics stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Edgewise Therapeutics in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" EWTX shares. View EWTX analyst ratings or view top-rated stocks. What is Edgewise Therapeutics' stock price target for 2024? 5 Wall Street analysts have issued twelve-month price objectives for Edgewise Therapeutics' stock. Their EWTX share price targets range from $25.00 to $48.00. On average, they predict the company's share price to reach $31.20 in the next twelve months. This suggests a possible upside of 82.1% from the stock's current price. View analysts price targets for EWTX or view top-rated stocks among Wall Street analysts. How have EWTX shares performed in 2024? Edgewise Therapeutics' stock was trading at $10.94 on January 1st, 2024. Since then, EWTX stock has increased by 56.6% and is now trading at $17.13. View the best growth stocks for 2024 here. When is Edgewise Therapeutics' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024. View our EWTX earnings forecast. How were Edgewise Therapeutics' earnings last quarter? Edgewise Therapeutics, Inc. (NASDAQ:EWTX) announced its quarterly earnings data on Thursday, May, 9th. The company reported ($0.33) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.39) by $0.06. What ETFs hold Edgewise Therapeutics' stock? ETFs with the largest weight of Edgewise Therapeutics (NASDAQ:EWTX) stock in their portfolio include iShares Neuroscience and Healthcare ETF (IBRN) and ALPS Medical Breakthroughs ETF (SBIO).iShares U.S. Pharmaceuticals ETF (IHE). When did Edgewise Therapeutics IPO? Edgewise Therapeutics (EWTX) raised $150 million in an initial public offering (IPO) on Friday, March 26th 2021. The company issued 10,000,000 shares at $14.00-$16.00 per share. J.P. Morgan, Goldman Sachs, SVB Leerink and Wedbush PacGrow acted as the underwriters for the IPO. Who are Edgewise Therapeutics' major shareholders? Edgewise Therapeutics' stock is owned by many different retail and institutional investors. Top institutional investors include RA Capital Management L.P. (9.54%), Baker BROS. Advisors LP (6.25%), Vanguard Group Inc. (4.31%), Janus Henderson Group PLC (1.93%), Artal Group S.A. (0.87%) and Opaleye Management Inc. (0.71%). Insiders that own company stock include Alan J Russell, Behrad Derakhshan, Holdings A/S Novo, Joanne M Donovan, John R Moore, Jonathan C Fox, Kevin Koch, Orbimed Advisors Llc, Peter A Thompson and R Michael Carruthers. View institutional ownership trends. How do I buy shares of Edgewise Therapeutics? Shares of EWTX 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. 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