NASDAQ:ELDN

Eledon Pharmaceuticals (ELDN) Stock Price, News & Analysis

$2.31
-0.09 (-3.75%)
(As of 05/10/2024 ET)
Today's Range
$2.18
$2.44
50-Day Range
$1.54
$2.44
52-Week Range
$1.07
$2.90
Volume
197,005 shs
Average Volume
288,325 shs
Market Capitalization
$57.31 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$11.67

Eledon Pharmaceuticals MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
405.1% Upside
$11.67 Price Target
Short Interest
Healthy
0.14% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.85mentions of Eledon Pharmaceuticals in the last 14 days
Based on 25 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.37) 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.

3.21 out of 5 stars

Medical Sector

350th out of 925 stocks

Pharmaceutical Preparations Industry

158th out of 430 stocks

ELDN stock logo

About Eledon Pharmaceuticals Stock (NASDAQ:ELDN)

Eledon Pharmaceuticals, Inc. operates as a clinical stage biotechnology company. The company uses its immunology expertise in targeting the CD40 Ligand (CD40L, also called CD154) pathway to develop therapies to protect transplanted organs and prevent rejection, and to treat amyotrophic lateral sclerosis (ALS). The company's lead compound in development is tegoprubart, an IgG1 and anti-CD40L antibody with high affinity for CD40 Ligand, a biological target with therapeutic potential. It has a collaboration agreement with eGenesis, Inc. The company was formerly known as Novus Therapeutics, Inc. and changed its name to Eledon Pharmaceuticals, Inc. in January 2021. Eledon Pharmaceuticals, Inc. is headquartered in Irvine, California.

ELDN Stock Price History

ELDN Stock News Headlines

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Eledon Pharmaceuticals (NASDAQ:ELDN) Shares Down 4.2%
Eledon Pharmaceuticals, Inc. (ELDN)
Eledon Pharmaceuticals Inc ELDN
See More Headlines
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Company Calendar

Last Earnings
3/28/2024
Today
5/12/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:ELDN
Fax
N/A
Employees
20
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$11.67
High Stock Price Target
$16.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+405.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-40,330,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$3.45 per share

Miscellaneous

Free Float
19,999,000
Market Cap
$57.31 million
Optionable
Optionable
Beta
0.86
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Key Executives

  • Dr. David-Alexandre C. Gros M.D.Dr. David-Alexandre C. Gros M.D. (Age 52)
    Ph.D., CEO & Non Independent Director
    Comp: $807.96k
  • Dr. Steven N. Perrin Ph.D. (Age 58)
    President, Chief Scientific Officer & Non Independent Director
    Comp: $603.9k
  • Mr. Paul Sean Little (Age 59)
    CFO & Principal Accounting Officer
    Comp: $611.71k
  • Mr. John Herberger
    Vice President of Technical Operations
  • Mr. Bryan E. Smith J.D. (Age 44)
    General Counsel, Corporate Secretary & Chief Compliance Officer
    Comp: $377.14k
  • Dr. David Hovland Ph.D.
    Chief Regulatory Officer
  • Dr. Eliezer Katz F.A.C.S.
    FACS, M.D., Chief Medical Officer

ELDN Stock Analysis - Frequently Asked Questions

Should I buy or sell Eledon Pharmaceuticals stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eledon Pharmaceuticals in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ELDN shares.
View ELDN analyst ratings
or view top-rated stocks.

What is Eledon Pharmaceuticals' stock price target for 2024?

3 Wall Street research analysts have issued 12 month price objectives for Eledon Pharmaceuticals' shares. Their ELDN share price targets range from $9.00 to $16.00. On average, they anticipate the company's share price to reach $11.67 in the next year. This suggests a possible upside of 405.1% from the stock's current price.
View analysts price targets for ELDN
or view top-rated stocks among Wall Street analysts.

How have ELDN shares performed in 2024?

Eledon Pharmaceuticals' stock was trading at $1.80 at the beginning of 2024. Since then, ELDN shares have increased by 28.3% and is now trading at $2.31.
View the best growth stocks for 2024 here
.

When is Eledon Pharmaceuticals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our ELDN earnings forecast
.

How were Eledon Pharmaceuticals' earnings last quarter?

Eledon Pharmaceuticals, Inc. (NASDAQ:ELDN) released its quarterly earnings results on Thursday, March, 28th. The company reported ($0.29) earnings per share for the quarter, beating analysts' consensus estimates of ($0.38) by $0.09.

Who are Eledon Pharmaceuticals' major shareholders?

Eledon Pharmaceuticals' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (3.91%). Insiders that own company stock include David-Alexandre C Gros, David-Alexandre C Gros and Paul Sean Little.
View institutional ownership trends
.

How do I buy shares of Eledon Pharmaceuticals?

Shares of ELDN 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:ELDN) was last updated on 5/12/2024 by MarketBeat.com Staff

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