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Nuvalent (NUVL) Stock Price, News & Analysis

$81.61
+1.66 (+2.08%)
(As of 07/26/2024 ET)
Today's Range
$81.23
$83.17
50-Day Range
$65.62
$84.01
52-Week Range
$39.86
$89.39
Volume
160,942 shs
Average Volume
415,751 shs
Market Capitalization
$5.27 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$96.33

Nuvalent MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.90 Rating Score
Upside/​Downside
18.0% Upside
$96.33 Price Target
Short Interest
Bearish
22.39% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.59mentions of Nuvalent in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$8.34 M Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($3.06) to ($3.56) 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.

0.64 out of 5 stars

Medical Sector

877th out of 936 stocks

Pharmaceutical Preparations Industry

413th out of 436 stocks

NUVL stock logo

About Nuvalent Stock (NASDAQ:NUVL)

Nuvalent, Inc., a clinical stage biopharmaceutical company, engages in the development of therapies for patients with cancer. Its lead product candidates are NVL-520, a novel ROS1-selective inhibitor to address the clinical challenges of emergent treatment resistance, central nervous system (CNS)-related adverse events, and brain metastases that may limit the use of ROS1 tyrosine kinase inhibitors (TKIs) for patients with ROS proto-oncogene 1 (ROS1)-positive non-small cell lung cancer (NSCLC) which is under the phase 2 portion of the ARROS-1 Phase 1/2 clinical trial; NVL-655, a brain-penetrant ALK-selective inhibitor, to address the clinical challenges of emergent treatment resistance, CNS-related adverse events, and brain metastases that might limit the use of first-, second-, and third-generation ALK inhibitors that is under the phase 2 portion of the ALKOVE-1 Phase 1/2 clinical trial; and NVL-330, a brain-penetrant human epidermal growth factor receptor 2 (HER2)-selective inhibitor designed to treat tumors driven by HER2ex20, brain metastases, and avoiding treatment-limiting adverse events including due to off-target inhibition of wild-type EGFR, which is expected to initiate phase 1 trial. The company was incorporated in 2017 and is headquartered in Cambridge, Massachusetts.

NUVL Stock Price History

NUVL Stock News Headlines

Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown”
Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.
Nuvalent (NASDAQ:NUVL) Stock Rating Reaffirmed by Wedbush
Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown”
Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.
Nuvalent: NVL-655 Could Bring Blockbuster Potential
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
7/26/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:NUVL
Fax
N/A
Employees
40
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$96.33
High Stock Price Target
$115.00
Low Stock Price Target
$42.00
Potential Upside/Downside
+18.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
10 Analysts

Profitability

Net Income
$-126,220,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$10.94 per share

Miscellaneous

Free Float
56,474,000
Market Cap
$5.27 billion
Optionable
Optionable
Beta
1.28
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Key Executives


NUVL Stock Analysis - Frequently Asked Questions

How have NUVL shares performed this year?

Nuvalent's stock was trading at $73.59 on January 1st, 2024. Since then, NUVL shares have increased by 10.9% and is now trading at $81.61.
View the best growth stocks for 2024 here
.

How were Nuvalent's earnings last quarter?

Nuvalent, Inc. (NASDAQ:NUVL) issued its quarterly earnings results on Thursday, May, 9th. The company reported ($0.69) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.67) by $0.02.

When did Nuvalent IPO?

Nuvalent (NUVL) raised $151 million in an IPO on Thursday, July 29th 2021. The company issued 8,900,000 shares at $16.00-$18.00 per share.

Who are Nuvalent's major shareholders?

Nuvalent's top institutional investors include Bank of New York Mellon Corp (0.21%), Renaissance Capital LLC (0.04%), Harbor Capital Advisors Inc. (0.03%) and China Universal Asset Management Co. Ltd. (0.01%). Insiders that own company stock include Matthew Shair, Alexandra Balcom, Darlene Noci, Deborah Ann Miller, Christopher Durant Turner and Emily Conley.
View institutional ownership trends
.

How do I buy shares of Nuvalent?

Shares of NUVL 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:NUVL) was last updated on 7/27/2024 by MarketBeat.com Staff

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