NASDAQ:DRNADicerna Pharmaceuticals Stock Price, Forecast & News

Dicerna Pharmaceuticals' stock was trading at $16.88 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, DRNA stock has increased by 50.4% and is now trading at $25.39. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dicerna Pharmaceuticals in the last year. There are currently 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Dicerna Pharmaceuticals.

Dicerna Pharmaceuticals is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Dicerna Pharmaceuticals.

Dicerna Pharmaceuticals Inc (NASDAQ:DRNA) announced its quarterly earnings results on Thursday, May, 7th. The biopharmaceutical company reported ($0.31) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.28 by $0.59. The biopharmaceutical company had revenue of $34.03 million for the quarter, compared to the consensus estimate of $59.61 million. Dicerna Pharmaceuticals had a negative return on equity of 74.79% and a negative net margin of 213.04%. View Dicerna Pharmaceuticals' earnings history.

11 equities research analysts have issued 12 month price objectives for Dicerna Pharmaceuticals' stock. Their forecasts range from $25.00 to $50.00. On average, they anticipate Dicerna Pharmaceuticals' stock price to reach $34.20 in the next twelve months. This suggests a possible upside of 34.7% from the stock's current price. View analysts' price targets for Dicerna Pharmaceuticals.

Media stories about DRNA stock have been trending somewhat negative on Saturday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Dicerna Pharmaceuticals earned a media sentiment score of -1.8 on InfoTrie's scale. They also gave headlines about the biopharmaceutical company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about Dicerna Pharmaceuticals.

Dicerna Pharmaceuticals saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 2,960,000 shares, a drop of 7.8% from the June 15th total of 3,210,000 shares. Based on an average daily volume of 639,600 shares, the short-interest ratio is currently 4.6 days. Approximately 4.6% of the shares of the company are short sold. View Dicerna Pharmaceuticals' Current Options Chain.

Some companies that are related to Dicerna Pharmaceuticals include Perrigo (PRGO), Ascendis Pharma A/S (ASND), Bausch Health Companies (BHC), Jazz Pharmaceuticals (JAZZ), PPD (SDGR), Ultragenyx Pharmaceutical (RARE), Reata Pharmaceuticals (RETA), Mirati Therapeutics (MRTX), United Therapeutics (UTHR), Legend Biotech (LEGN), Zai Lab (ZLAB), Emergent Biosolutions (EBS), Arrowhead Pharmaceuticals (ARWR), Biohaven Pharmaceutical (BHVN) and Myokardia (MYOK). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Dicerna Pharmaceuticals investors own include Axsome Therapeutics (AXSM), Amarin (AMRN), Strongbridge Biopharma (SBBP), Arbutus Biopharma (ABUS), TG Therapeutics (TGTX), Crispr Therapeutics (CRSP), Gilead Sciences (GILD), Exelixis (EXEL), ImmunoGen (IMGN) and Array Biopharma (ARRY).

Dicerna Pharmaceuticals trades on the NASDAQ under the ticker symbol "DRNA."

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

One share of DRNA stock can currently be purchased for approximately $25.39.

Dicerna Pharmaceuticals has a market capitalization of $1.88 billion and generates $23.90 million in revenue each year. The biopharmaceutical company earns $-120,460,000.00 in net income (profit) each year or ($1.76) on an earnings per share basis. Dicerna Pharmaceuticals employs 78 workers across the globe.

The official website for Dicerna Pharmaceuticals is www.dicerna.com.

Dicerna Pharmaceuticals' mailing address is 33 HAYDEN AVENUE, LEXINGTON MA, 02421. The biopharmaceutical company can be reached via phone at 617-621-8097 or via email at [email protected]