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S&P 500   3,845.08
DOW   31,037.68
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S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80

Adverum Biotechnologies Stock Forecast, Price & News

$1.23
+0.07 (+6.03%)
(As of 07/6/2022 12:00 AM ET)
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Today's Range
$1.17
$1.23
50-Day Range
$0.81
$1.23
52-Week Range
$0.80
$3.66
Volume
892,024 shs
Average Volume
1.39 million shs
Market Capitalization
$121.49 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.50

Adverum Biotechnologies MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
184.6% Upside
$3.50 Price Target
Short Interest
Bearish
6.08% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.78
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Acquiring Shares
$111,944 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($1.57) to ($1.39) Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.63 out of 5 stars

Medical Sector

57th out of 1,433 stocks

Biological Products, Except Diagnostic Industry

8th out of 220 stocks

30 days | 90 days | 365 days | Advanced Chart

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Adverum Biotechnologies logo

About Adverum Biotechnologies (NASDAQ:ADVM) Stock

Adverum Biotechnologies, Inc., a clinical-stage gene therapy company, develops gene therapy product candidates to treat ocular and rare diseases. Its lead product candidate is ADVM-022, a single intravitreal injection gene therapy candidate used for the treatment of patients with chronic retinal, including wet age-related macular degeneration and diabetic macular edema. Adverum Biotechnologies, Inc. has license and collaboration agreements with University of California; Cornell University; GenSight; Lexeo; and Virovek. 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.

ADVM Stock News Headlines

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Adverum Biotechnologies names new CMO
See More Headlines

Industry, Sector and Symbol

Industry
Biological products, except diagnostic
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:ADVM
Employees
188
Year Founded
N/A

Company Calendar

Last Earnings
5/12/2022
Today
7/07/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$3.50
High Stock Price Forecast
$6.00
Low Stock Price Forecast
$2.00
Forecasted Upside/Downside
+184.6%
Consensus Rating
Hold
Rating Score (0-4)
2
Research Coverage
5 Analysts

Profitability

Net Income
$-145,540,000.00
Pretax Margin
-1,940.53%

Debt

Sales & Book Value

Annual Sales
$7.50 million
Book Value
$3.22 per share

Miscellaneous

Free Float
94,622,000
Market Cap
$121.49 million
Optionable
Optionable
Beta
1.02














Adverum Biotechnologies Frequently Asked Questions

Should I buy or sell Adverum Biotechnologies stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Adverum Biotechnologies in the last year. There are currently 5 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Adverum Biotechnologies stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ADVM, but not buy additional shares or sell existing shares.
View analyst ratings for Adverum Biotechnologies
or view top-rated stocks.

What is Adverum Biotechnologies' stock price forecast for 2022?

5 analysts have issued 12-month price objectives for Adverum Biotechnologies' shares. Their ADVM stock forecasts range from $2.00 to $6.00. On average, they predict Adverum Biotechnologies' share price to reach $3.50 in the next twelve months. This suggests a possible upside of 184.6% from the stock's current price.
View analysts' price targets for Adverum Biotechnologies
or view top-rated stocks among Wall Street analysts.

How has Adverum Biotechnologies' stock price performed in 2022?

Adverum Biotechnologies' stock was trading at $1.76 at the beginning of 2022. Since then, ADVM stock has decreased by 30.1% and is now trading at $1.23.
View the best growth stocks for 2022 here
.

When is Adverum Biotechnologies' next earnings date?

Adverum Biotechnologies is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Adverum Biotechnologies
.

How were Adverum Biotechnologies' earnings last quarter?

Adverum Biotechnologies, Inc. (NASDAQ:ADVM) announced its quarterly earnings data on Thursday, May, 12th. The biotechnology company reported ($0.38) EPS for the quarter, missing the consensus estimate of ($0.34) by $0.04.
View Adverum Biotechnologies' earnings history
.

Who are Adverum Biotechnologies' key executives?

Adverum Biotechnologies' management team includes the following people:
  • Dr. Laurent Fischer, Pres, CEO & Director (Age 58, Pay $921.08k) (LinkedIn Profile)
  • Mr. Kishor Peter Soparkar J.D., Chief Operating Officer (Age 51, Pay $622.55k)
  • Dr. Brigit Riley Ph.D., Chief Scientific Officer (Age 44, Pay $816.08k)
  • Mr. John W. Rakow J.D., Sr. VP, Gen. Counsel & Acting CFO (Age 65)
  • Ms. Nancy E. Pecota, Principal Accounting Officer (Age 62)
  • Mr. Heikki Jouttijarvi, Sr. VP & Head of Technical Operations
  • Ms. Dena House, Sr. VP of HR, Organizational Devel. & Learning
  • Ms. Carla Fiankan, Sr. VP of Regulatory Affairs
  • Dr. Jim Wang Ph.D., Chief Regulatory Officer
  • Mr. Thomas Kochy, Sr. VP and Head of Global Product Strategy & Commercial

What is Laurent Fischer, M.D.'s approval rating as Adverum Biotechnologies' CEO?

3 employees have rated Adverum Biotechnologies CEO Laurent Fischer, M.D. on Glassdoor.com. Laurent Fischer, M.D. has an approval rating of 72% among Adverum Biotechnologies' 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), CA (CA), BlackRock (BLK), Amarin (AMRN), Endologix (ELGX), Immunomedics (IMMU), Advanced Micro Devices (AMD), Aurinia Pharmaceuticals (AUPH) and Genocea Biosciences (GNCA).

What is Adverum Biotechnologies' stock symbol?

Adverum Biotechnologies trades on the NASDAQ under the ticker symbol "ADVM."

How do I buy shares of Adverum Biotechnologies?

Shares of ADVM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Adverum Biotechnologies' stock price today?

One share of ADVM stock can currently be purchased for approximately $1.23.

How much money does Adverum Biotechnologies make?

Adverum Biotechnologies (NASDAQ:ADVM) has a market capitalization of $121.49 million and generates $7.50 million in revenue each year. The biotechnology company earns $-145,540,000.00 in net income (profit) each year or ($1.57) on an earnings per share basis.

How many employees does Adverum Biotechnologies have?

Adverum Biotechnologies employs 188 workers across the globe.

How can I contact Adverum Biotechnologies?

Adverum Biotechnologies' mailing address is 800 Saginaw Drive, Redwood City CA, 94063. The official website for Adverum Biotechnologies is www.adverum.com. The biotechnology company can be reached via phone at (650) 656-9323, via email at mlacy@adverum.com, or via fax at 650-329-8151.

This page (NASDAQ:ADVM) was last updated on 7/7/2022 by MarketBeat.com Staff

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