NASDAQ:AMLX

Amylyx Pharmaceuticals (AMLX) Stock Forecast, Price & News

$18.31

-0.19 (-1.03%)

(As of 09/29/2023 ET)

Compare

Today's Range: $18.15
▼
$18.90
50-Day Range: $18.08
▼
$23.45
52-Week Range: $17.80
▼
$41.93

Volume: 822,236 shs
Average Volume: 1.03 million shs
Market Capitalization: $1.23 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $49.40

Amylyx Pharmaceuticals MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 169.8% Upside
$49.40 Price Target
Short Interest: Bearish
19.10% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.65
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 164.66%
From $1.16 to $3.07 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.57 out of 5 stars

Medical Sector

157th out of 971 stocks

Pharmaceutical Preparations Industry

50th out of 443 stocks

3.5

Analyst's Opinion

Consensus Rating
Amylyx Pharmaceuticals 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.
Price Target Upside/Downside
According to analysts' consensus price target of $49.40, Amylyx Pharmaceuticals has a forecasted upside of 169.8% from its current price of $18.31.
Amount of Analyst Coverage
Amylyx Pharmaceuticals has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
19.10% of the float of Amylyx Pharmaceuticals has been sold short.
Short Interest Ratio / Days to Cover
Amylyx Pharmaceuticals has a short interest ratio ("days to cover") of 7.8.
Change versus previous month
Short interest in Amylyx Pharmaceuticals has recently increased by 4.20%, indicating that investor sentiment is decreasing.

0.8

Dividend Strength

Dividend Yield
Amylyx Pharmaceuticals does not currently pay a dividend.
Dividend Growth
Amylyx Pharmaceuticals does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Amylyx Pharmaceuticals will have a dividend payout ratio of 33.09% next year. This indicates that Amylyx Pharmaceuticals will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AMLX.

2.0

News and Social Media Coverage

News Sentiment
Amylyx Pharmaceuticals has a news sentiment score of 0.65. 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 news sentiment score is similar to the average news sentiment of Medical companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Amylyx Pharmaceuticals this week, compared to 2 articles on an average week.
Search Interest
Only 5 people have searched for AMLX on MarketBeat in the last 30 days. This is a decrease of -55% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Amylyx Pharmaceuticals to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Amylyx Pharmaceuticals insiders have not sold or bought any company stock.
Percentage Held by Insiders
11.80% of the stock of Amylyx Pharmaceuticals is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
87.70% of the stock of Amylyx Pharmaceuticals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Amylyx Pharmaceuticals are expected to grow by 164.66% in the coming year, from $1.16 to $3.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Amylyx Pharmaceuticals is -14.77, 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. Sector
The P/E ratio of Amylyx Pharmaceuticals is -14.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Amylyx Pharmaceuticals has a PEG Ratio of 0.24. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Amylyx Pharmaceuticals has a P/B Ratio of 3.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Amylyx Pharmaceuticals (NASDAQ:AMLX) Stock

Amylyx Pharmaceuticals, Inc., a commercial-stage biotechnology company, engages in the discovery and development of treatment for amyotrophic lateral sclerosis (ALS) and neurodegenerative diseases. The company's products include RELYVRIO, a dual UPR-Bax apoptosis inhibitor composed of sodium phenylbutyrate and taurursodiol for the treatment of ALS in adults in the United States and marketed as ALBRIOZA for the treatment of ALS in Canada. It is also developing AMX0114 for other neurodegenerative diseases. The company was founded in 2013 and is headquartered in Cambridge, Massachusetts.

AMLX Price History

30 days | 90 days | 365 days | Advanced Chart

AMLX Stock News Headlines

September 29, 2023 | finance.yahoo.com

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September 29, 2023 | finance.yahoo.com

14 Best Depressed Stocks To Buy Now

October 1, 2023 | Behind the Markets (Ad)

Laser breakthrough could send stock soaring 2,467%

Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...

September 20, 2023 | finance.yahoo.com

Marinus Pharmaceuticals (MRNS) Soars 19.9%: Is Further Upside Left in the Stock?

September 11, 2023 | seekingalpha.com

Amylyx Pharmaceuticals: A High Risk/High Reward Stock

August 22, 2023 | finance.yahoo.com

The past year for Amylyx Pharmaceuticals (NASDAQ:AMLX) investors has not been profitable

August 21, 2023 | markets.businessinsider.com

Analysts Are Bullish on Top Healthcare Stocks: Galecto (GLTO), Amylyx Pharmaceuticals Inc (AMLX)

August 14, 2023 | finance.yahoo.com

Amylyx's new ALS drug has turned a profit for six months straight

October 1, 2023 | Behind the Markets (Ad)

Laser breakthrough could send stock soaring 2,467%

August 13, 2023 | finance.yahoo.com

AMLX - Amylyx Pharmaceuticals, Inc.

August 13, 2023 | finance.yahoo.com

Amylyx Pharmaceuticals, Inc. (NASDAQ:AMLX) Q2 2023 Earnings Call Transcript

August 11, 2023 | finance.yahoo.com

Q2 2023 Amylyx Pharmaceuticals Inc Earnings Call

August 11, 2023 | seekingalpha.com

Amylyx Achieves Profitability On Wings Of Relyvrio (Rating Upgrade)

August 11, 2023 | markets.businessinsider.com

Analysts Offer Insights on Healthcare Companies: Amylyx Pharmaceuticals Inc (AMLX), BioNTech SE (BNTX) and Bright Health Group (BHG)

August 11, 2023 | seekingalpha.com

Amylyx Pharmaceuticals, Inc. 2023 Q2 - Results - Earnings Call Presentation

August 11, 2023 | finance.yahoo.com

Amylyx Pharmaceuticals Reports Second Quarter 2023 Financial Results

August 3, 2023 | finance.yahoo.com

Amylyx Pharmaceuticals to Report Second Quarter 2023 Financial Results on August 10, 2023

July 28, 2023 | markets.businessinsider.com

Amylyx Pharmaceuticals Inc (AMLX) Gets a Buy from Mizuho Securities

July 28, 2023 | finance.yahoo.com

Goldman Sachs Predicts up to 120% Rally for These 2 Stocks — Here’s Why They Have Solid Upside

July 27, 2023 | markets.businessinsider.com

Bank of America Securities Sticks to Its Buy Rating for Amylyx Pharmaceuticals Inc (AMLX)

July 24, 2023 | markets.businessinsider.com

Amylyx Stock Has A Good Entry Point, Says Bullish Goldman Sachs

July 24, 2023 | finance.yahoo.com

Why Shares of Amylyx Pharmaceuticals Were Up Monday

July 18, 2023 | finance.yahoo.com

3 Stocks Worth a Buy for Remarkable Earnings Acceleration

July 12, 2023 | finance.yahoo.com

Amylyx Pharmaceuticals to Host Virtual Webcast on AMX0035 Progressive Supranuclear Palsy (PSP) Program

June 26, 2023 | markets.businessinsider.com

Mizuho Securities Sticks to Their Buy Rating for Amylyx Pharmaceuticals Inc (AMLX)

June 23, 2023 | msn.com

EMA panel gives negative opinion on Amylix ALS drug application

June 23, 2023 | markets.businessinsider.com

Amylyx Pharma: CHMP Adopts Negative Opinion On Conditional Marketing Authorisation Of AMX0035

See More Headlines

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AMLX Company Calendar

Last Earnings: 8/10/2023
Today: 10/01/2023
Next Earnings (Estimated): 11/09/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Pharmaceutical preparations
Sub-Industry: N/A
Sector: Medical
Current Symbol: NASDAQ:AMLX
CUSIP: N/A
CIK: 1658551
Web: amylyx.com
Phone: 617-682-0917
Fax: N/A
Employees: 338
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $49.40
High Stock Price Forecast: $50.00
Low Stock Price Forecast: $48.00
Forecasted Upside/Downside: +169.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.24)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 15.78
P/E Growth: 0.24
Net Income: $-198,380,000.00
Net Margins: -37.95%
Pretax Margin: -36.79%
Return on Equity: -23.80%
Return on Assets: -20.30%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 6.67
Quick Ratio: 6.28

Sales & Book Value

Annual Sales: $191.87 million
Price / Sales: 6.43
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $5.14 per share
Price / Book: 3.56

Miscellaneous

Outstanding Shares: 67,378,000
Free Float: 59,427,000
Market Cap: $1.23 billion
Optionable: Not Optionable
Beta: -0.93

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Key Executives

Mr. Joshua B. Cohen (Age 31)
Co-Founder, Co-CEO & Director
Comp: $1M

Mr. Justin B. Klee (Age 32)
Co-Founder, Co-CEO & Director
Comp: $1M

Mr. James M. Frates M.B.A. (Age 56)
Chief Financial Officer
Comp: $695.12k

Ms. Gina M. Mazzariello (Age 52)
Chief Legal Officer & Gen. Counsel
Comp: $794.83k

Mr. Tom Holmes
Chief Technical Operations Officer

Lindsey Allen
Head of Investor Relations & Communications

Ms. Shauna Horvath
Head of Global Marketing

Ms. Debra L. Canner (Age 64)
Global Head of HR & CHRO

Ms. Margaret M. Olinger M.B.A (Age 58)
Global Head of Commercial & Chief Commercial Officer

Dr. Patrick D. Yeramian M.D. (Age 64)
MBA, Ph.D., Global Head of Clinical R&D and Chief Medical Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AMLX Stock - Frequently Asked Questions

Should I buy or sell Amylyx Pharmaceuticals stock right now?: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Amylyx Pharmaceuticals in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AMLX shares.
View AMLX analyst ratings or view top-rated stocks.
What is Amylyx Pharmaceuticals' stock price forecast for 2023?: 5 brokerages have issued 1 year price objectives for Amylyx Pharmaceuticals' stock. Their AMLX share price forecasts range from $48.00 to $50.00. On average, they predict the company's share price to reach $49.40 in the next year. This suggests a possible upside of 169.8% from the stock's current price.
View analysts price targets for AMLX or view top-rated stocks among Wall Street analysts.
How have AMLX shares performed in 2023?: Amylyx Pharmaceuticals' stock was trading at $36.95 at the start of the year. Since then, AMLX stock has decreased by 50.4% and is now trading at $18.31.
View the best growth stocks for 2023 here.
When is Amylyx Pharmaceuticals' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our AMLX earnings forecast.
How were Amylyx Pharmaceuticals' earnings last quarter?: Amylyx Pharmaceuticals, Inc. (NASDAQ:AMLX) issued its earnings results on Thursday, August, 10th. The company reported $0.31 earnings per share for the quarter, topping analysts' consensus estimates of $0.01 by $0.30. The company had revenue of $98.22 million for the quarter, compared to analysts' expectations of $84.30 million. Amylyx Pharmaceuticals had a negative net margin of 37.95% and a negative trailing twelve-month return on equity of 23.80%.
What ETFs hold Amylyx Pharmaceuticals' stock?: ETFs with the largest weight of Amylyx Pharmaceuticals (NASDAQ:AMLX) stock in their portfolio include iShares Neuroscience and Healthcare ETF (IBRN), SPDR S&P Pharmaceuticals ETF (XPH), Virtus LifeSci Biotech Products ETF (BBP), Direxion Daily Pharmaceutical & Medical Bull 3X Shares (PILL) and ALPS Medical Breakthroughs ETF (SBIO).iShares U.S. Pharmaceuticals ETF (IHE).

Is Amylyx Pharmaceuticals a good dividend stock?: Amylyx Pharmaceuticals (NASDAQ:AMLX) pays an annual dividend of $1.02 per share and currently has a dividend yield of 0.00%.
When did Amylyx Pharmaceuticals IPO?: (AMLX) raised $190 million in an initial public offering on Friday, January 7th 2022. The company issued 10,000,000 shares at $18.00-$20.00 per share.
What is Amylyx Pharmaceuticals' stock symbol?: Amylyx Pharmaceuticals trades on the NASDAQ under the ticker symbol "AMLX."
How do I buy shares of Amylyx Pharmaceuticals?: Shares of AMLX stock 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 Amylyx Pharmaceuticals' stock price today?: One share of AMLX stock can currently be purchased for approximately $18.31.
How much money does Amylyx Pharmaceuticals make?: Amylyx Pharmaceuticals (NASDAQ:AMLX) has a market capitalization of $1.23 billion and generates $191.87 million in revenue each year. The company earns $-198,380,000.00 in net income (profit) each year or ($1.24) on an earnings per share basis.
How many employees does Amylyx Pharmaceuticals have?: The company employs 338 workers across the globe.
How can I contact Amylyx Pharmaceuticals?: The official website for the company is amylyx.com. The company can be reached via phone at 617-682-0917 or via email at investors@amylyx.com.

This page (NASDAQ:AMLX) was last updated on 10/1/2023 by MarketBeat.com Staff

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