NASDAQ:ALDX

Aldeyra Therapeutics (ALDX) Stock Price, News & Analysis

$3.94
+0.03 (+0.77%)
(As of 04/24/2024 ET)
Today's Range
$3.88
$4.00
50-Day Range
$2.77
$4.72
52-Week Range
$1.42
$11.97
Volume
570,390 shs
Average Volume
585,545 shs
Market Capitalization
$232.07 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.33

Aldeyra Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
136.9% Upside
$9.33 Price Target
Short Interest
Healthy
3.63% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$1.47 M Bought Last Quarter
Proj. Earnings Growth
Decreasing
From ($0.14) to ($0.43) 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.

2.23 out of 5 stars

Medical Sector

510th out of 909 stocks

Pharmaceutical Preparations Industry

233rd out of 423 stocks

ALDX stock logo

About Aldeyra Therapeutics Stock (NASDAQ:ALDX)

Aldeyra Therapeutics is a clinical-stage biotechnology company focused on the development of novel therapies with the potential to improve the lives of patients with immune-mediated diseases. Two of the company’s lead compounds, reproxalap and ADX-629, target reactive aldehyde species (RASP), which are elevated in ocular and systemic inflammatory disease, leading to elevated levels of cytokine release via activation of a broad array of inflammatory factors, including NF-κB, inflammasomes, and Scavenger Receptor A. Reproxalap is being evaluated in Phase 3 clinical trials in patients with dry eye disease and allergic conjunctivitis. The company’s clinical pipeline also includes ADX-2191, a dihydrofolate reductase inhibitor in Phase 3 testing for proliferative vitreoretinopathy, and ADX-1612, a chaperome inhibitor in Phase 2 testing for COVID-19 and ovarian cancer.

ALDX Stock Price History

ALDX Stock News Headlines

Pentagon contract could send this $2 AI stock soaring
Whenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...
Pentagon contract could send this $2 AI stock soaring
Whenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...
Intellia Therapeutics, Inc.
BTIG Reaffirms Their Buy Rating on Aldeyra Therapeutics (ALDX)
Aldeyra stock jumps 8% on dermatitis drug updates
See More Headlines
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Company Calendar

Last Earnings
3/07/2024
Today
4/24/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:ALDX
Employees
15
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.33
High Stock Price Target
$10.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+136.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-37,540,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$2.04 per share

Miscellaneous

Free Float
54,597,000
Market Cap
$232.07 million
Optionable
Optionable
Beta
1.51
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ALDX Stock Analysis - Frequently Asked Questions

Should I buy or sell Aldeyra Therapeutics stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Aldeyra Therapeutics in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ALDX shares.
View ALDX analyst ratings
or view top-rated stocks.

What is Aldeyra Therapeutics' stock price target for 2024?

3 brokers have issued twelve-month price objectives for Aldeyra Therapeutics' shares. Their ALDX share price targets range from $8.00 to $10.00. On average, they expect the company's stock price to reach $9.33 in the next twelve months. This suggests a possible upside of 136.9% from the stock's current price.
View analysts price targets for ALDX
or view top-rated stocks among Wall Street analysts.

How have ALDX shares performed in 2024?

Aldeyra Therapeutics' stock was trading at $3.51 at the start of the year. Since then, ALDX stock has increased by 12.3% and is now trading at $3.94.
View the best growth stocks for 2024 here
.

Are investors shorting Aldeyra Therapeutics?

Aldeyra Therapeutics saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 2,050,000 shares, an increase of 12.0% from the March 15th total of 1,830,000 shares. Based on an average trading volume of 585,700 shares, the short-interest ratio is presently 3.5 days. Approximately 3.6% of the shares of the stock are sold short.
View Aldeyra Therapeutics' Short Interest
.

When is Aldeyra Therapeutics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our ALDX earnings forecast
.

How were Aldeyra Therapeutics' earnings last quarter?

Aldeyra Therapeutics, Inc (NASDAQ:ALDX) posted its earnings results on Thursday, March, 7th. The biotechnology company reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.21) by $0.13.

What ETF holds Aldeyra Therapeutics' stock?

Invesco Nasdaq Future Gen 200 ETF holds 11,339 shares of ALDX stock, representing 0.63% of its portfolio.

What other stocks do shareholders of Aldeyra Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Aldeyra Therapeutics investors own include ADMA Biologics (ADMA), Matinas BioPharma (MTNB), Sorrento Therapeutics (SRNE), KushCo (KSHB), Bionano Genomics (BNGO), Gran Tierra Energy (GTE), Zosano Pharma (ZSAN), Novan (NOVN), Organigram (OGI) and Pennsylvania Real Estate Investment Trust (PEI).

Who are Aldeyra Therapeutics' major shareholders?

Aldeyra Therapeutics' stock is owned by many different retail and institutional investors. Top institutional investors include Los Angeles Capital Management LLC (0.65%), Woodstock Corp (0.29%), Denali Advisors LLC (0.08%) and Kingswood Wealth Advisors LLC (0.03%). Insiders that own company stock include Bruce Greenberg, Life Sciences Maste Perceptive, Martin Joseph Joyce, Perceptive Advisors Llc and Todd C Brady.
View institutional ownership trends
.

How do I buy shares of Aldeyra Therapeutics?

Shares of ALDX 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:ALDX) was last updated on 4/24/2024 by MarketBeat.com Staff

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