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NASDAQ:AVTE

Aerovate Therapeutics (AVTE) Stock Price, News & Analysis

Aerovate Therapeutics logo
$14.12 +0.35 (+2.54%)
As of 10/2/2026

About Aerovate Therapeutics Stock (NASDAQ:AVTE)

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Key Stats

Today's Range
$13.31
▼
$14.17
50-Day Range
$13.77
▼
$24.71
52-Week Range
$89.95
▼
$99.05
Volume
1.11 million shs
Average Volume
53,591 shs
Market Capitalization
$409.27 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Aerovate Therapeutics, Inc. was a clinical-stage biopharmaceutical company focused on developing therapies for pulmonary arterial hypertension (PAH) and other serious pulmonary vascular diseases. The company’s lead product candidate was AV-101, an inhaled dry-powder formulation of imatinib intended to target the underlying vascular remodeling associated with PAH.

AV-101 was evaluated in clinical studies, including the IMPAHCT program, for patients with pulmonary arterial hypertension. The company did not have an approved commercial product and operated primarily as a research and development organization serving the biopharmaceutical market.

In 2024, Aerovate reported that the IMPAHCT study did not meet its primary efficacy endpoint and announced plans to discontinue development of AV-101, reduce its workforce and wind down operations while evaluating strategic alternatives. The company was based in Cambridge, Massachusetts, and its activities were directed toward developing treatments for patients with serious cardiopulmonary diseases.

AI Generated. May Contain Errors.

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AVTE Stock News Headlines

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AVTE Stock Analysis - Frequently Asked Questions

Aerovate Therapeutics' stock was trading at $15.43 at the beginning of 2026. Since then, AVTE stock has decreased by 8.5% and is now trading at $14.12.

Aerovate Therapeutics, Inc. (NASDAQ:AVTE) issued its earnings results on Friday, April, 25th. The company reported ($3.15) EPS for the quarter, topping the consensus estimate of ($10.50) by $7.35.

Aerovate Therapeutics's stock reverse split on Tuesday, April 29th 2025.A 1-35 reverse split was announced. The number of shares owned by shareholders was adjusted after the market closes on Monday, April 28th 2025. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

Aerovate Therapeutics (AVTE) raised $122 million in an IPO on Tuesday, June 29th 2021. The company issued 8,682,142 shares at a price of $13.00-$15.00 per share.

Shares of AVTE 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Aerovate Therapeutics investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Palo Alto Networks (PANW), Tesla (TSLA) and JPMorgan Chase & Co. (JPM).

Company Calendar

Last Earnings
4/25/2025
Today
10/03/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Biotechnology
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:AVTE
CIK
1798749
Fax
N/A
Employees
20
Year Founded
2018

Profitability

EPS (Trailing Twelve Months)
($1.70)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$75.52 million
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
-90.19%
Return on Assets
-77.47%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
8.78
Quick Ratio
8.78

Sales & Book Value

Annual Sales
N/A
Price / Sales
N/A
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$3.96 per share
Price / Book
3.57

Miscellaneous

Outstanding Shares
28,985,000
Free Float
21,685,000
Market Cap
$409.27 million
Optionable
Optionable
Beta
0.95

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This page (NASDAQ:AVTE) was last updated on 10/3/2026 by MarketBeat.com Staff.
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