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NASDAQ:AVTE

Aerovate Therapeutics (AVTE) Stock Price, News & Analysis

Aerovate Therapeutics logo
$14.06 -0.18 (-1.26%)
As of 10/30/2026

About Aerovate Therapeutics Stock (NASDAQ:AVTE)

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Key Stats

Today's Range
$13.83
▼
$14.35
50-Day Range
$13.41
▼
$21.84
52-Week Range
$89.95
▼
$99.05
Volume
682,307 shs
Average Volume
53,591 shs
Market Capitalization
$407.53 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Aerovate Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on developing therapies for pulmonary arterial hypertension (PAH), a progressive disorder involving elevated blood pressure in the arteries of the lungs. The company was headquartered in Cambridge, Massachusetts, and its research programs were aimed at addressing the underlying vascular changes associated with pulmonary diseases.

Aerovate’s lead product candidate was AV-101, an inhaled dry-powder formulation of imatinib, a tyrosine kinase inhibitor. The company developed AV-101 for direct delivery to the lungs, with the goal of improving pulmonary vascular function while limiting systemic exposure. The product candidate was evaluated in the IMPAHCT clinical program for patients with PAH.

In 2024, Aerovate reported that the IMPAHCT study did not meet its primary endpoint and discontinued further development of AV-101. The company subsequently announced plans to explore strategic alternatives and reduce operations. As a result, Aerovate’s activities have been substantially curtailed compared with its earlier focus as a clinical-stage drug developer. Information about ongoing operations and current leadership may be limited.

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 8.9% and is now trading at $14.06.

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

Shares of Aerovate Therapeutics reverse split before market open on Tuesday, April 29th 2025.A 1-35 reverse split was announced. The number of shares owned by shareholders was adjusted after the closing bell 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 initial public offering (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.

Company Calendar

Last Earnings
4/25/2025
Today
11/03/2026
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
3.55

Miscellaneous

Outstanding Shares
28,985,000
Free Float
21,685,000
Market Cap
$407.53 million
Optionable
Optionable
Beta
0.95

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This page (NASDAQ:AVTE) was last updated on 10/30/2026 by MarketBeat.com Staff.
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