Most-Downgraded StocksMost-DowngradedNASDAQ:RAIN Rain Oncology (RAIN) Stock Forecast, Price & News $1.29 +0.04 (+3.20%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$1.23▼$1.3050-Day Range$1.09▼$9.9352-Week Range$0.94▼$14.48Volume1.66 million shsAverage Volume906,389 shsMarket Capitalization$46.90 millionP/E RatioN/ADividend YieldN/APrice Target$17.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Rain Oncology MarketRank™ ForecastAnalyst RatingHold2.23 Rating ScoreUpside/Downside1,217.8% Upside$17.00 Price TargetShort InterestHealthy6.20% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.12Based on 17 Articles This WeekInsider TradingSelling Shares$1.24 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.72) to ($1.08) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.85 out of 5 starsMedical Sector41st out of 981 stocksBiotechnology Industry1st out of 29 stocks 4.1 Analyst's Opinion Consensus RatingRain Oncology has received a consensus rating of Hold. The company's average rating score is 2.23, and is based on 3 buy ratings, 10 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.00, Rain Oncology has a forecasted upside of 1,217.8% from its current price of $1.29.Amount of Analyst CoverageRain Oncology has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted6.20% of the float of Rain Oncology has been sold short.Short Interest Ratio / Days to CoverRain Oncology has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Rain Oncology has recently decreased by 1.75%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldRain Oncology does not currently pay a dividend.Dividend GrowthRain Oncology does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RAIN. Previous Next 2.8 News and Social Media Coverage News SentimentRain Oncology has a news sentiment score of 0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Rain Oncology this week, compared to 5 articles on an average week.Search Interest39 people have searched for RAIN on MarketBeat in the last 30 days. This is an increase of 1,850% compared to the previous 30 days.MarketBeat Follows6 people have added Rain Oncology to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 5.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rain Oncology insiders have sold 27.38% more of their company's stock than they have bought. Specifically, they have bought $976,422.00 in company stock and sold $1,243,750.00 in company stock.Percentage Held by Insiders21.90% of the stock of Rain Oncology is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions82.91% of the stock of Rain Oncology is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Rain Oncology are expected to grow in the coming year, from ($1.72) to ($1.08) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rain Oncology is -0.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Rain Oncology is -0.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioRain Oncology has a P/B Ratio of 0.41. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Rain Oncology (NASDAQ:RAIN) StockRain Oncology Inc., a late-stage precision oncology company, engages in developing therapies that target oncogenic drivers to genetically select patients in the United States. The company's lead product candidate is milademetan, a small molecule oral inhibitor of MDM2-p53 complex that reactivates p53. The company was formerly known as Rain Therapeutics Inc. and changed its name to Rain Oncology Inc. in December 2022. Rain Oncology Inc. was incorporated in 2017 and is headquartered in Newark, California.Read More Receive RAIN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Rain Oncology and its competitors with MarketBeat's FREE daily newsletter. Email Address RAIN Stock News HeadlinesJune 7, 2023 | americanbankingnews.comRain Oncology (NASDAQ:RAIN) Lowered to Neutral at MizuhoJune 7, 2023 | americanbankingnews.comRain Oncology Inc. (NASDAQ:RAIN) Receives $15.25 Average Target Price from AnalystsJune 7, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Software" to Revolutionize WarfareThis breakthrough will change "the way wars will be fought, and won, for years to come." - Chairman of the Joint Chief of Staff, General Mark Milley Get the name of the company supplying it to the U.S. Army here >>>June 5, 2023 | msn.comMizuho Downgrades Rain Oncology (RAIN)June 3, 2023 | americanbankingnews.comCritical Comparison: Rain Oncology (NASDAQ:RAIN) & Salarius Pharmaceuticals (NASDAQ:SLRX)June 2, 2023 | msn.comHC Wainwright & Co. Reiterates Rain Oncology (RAIN) Neutral RecommendationJune 2, 2023 | markets.businessinsider.comMizuho Securities downgrades Rain Therapeutics (RAIN) to a HoldJune 2, 2023 | americanbankingnews.comRain Oncology Inc. (NASDAQ:RAIN) Major Shareholder Kevin C. Tang Buys 333,325 SharesJune 7, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...June 2, 2023 | americanbankingnews.comRain Oncology Inc. (NASDAQ:RAIN) Major Shareholder Kevin C. Tang Acquires 588,768 SharesJune 2, 2023 | americanbankingnews.comRoth Mkm Lowers Rain Oncology (NASDAQ:RAIN) to NeutralJune 1, 2023 | seekingalpha.comRain Oncology slips on corporate and portfolio restructuringJune 1, 2023 | americanbankingnews.comBrokers Offer Predictions for Rain Oncology Inc.'s Q2 2023 Earnings (NASDAQ:RAIN)May 31, 2023 | americanbankingnews.comRain Oncology (NASDAQ:RAIN) Cut to Neutral at Roth CapitalMay 30, 2023 | msn.comEF Hutton Maintains Rain Oncology (RAIN) Hold RecommendationMay 30, 2023 | msn.comRoth MKM Downgrades Rain Oncology (RAIN)May 30, 2023 | bizjournals.comRain Oncology to cut 65% of jobs after cancer trial failureMay 30, 2023 | finanznachrichten.deRain Oncology Inc.: Rain Oncology Provides Company Update and Outlines Strategic Priorities of Milademetan Clinical ProgramsMay 30, 2023 | marketwatch.comRain Oncology to Cut 65% of Jobs in Cost-Cutting PushMay 30, 2023 | finance.yahoo.comRain Oncology Provides Company Update and Outlines Strategic Priorities of Milademetan Clinical ProgramsMay 28, 2023 | benzinga.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Rain Oncology Inc. - RAINMay 27, 2023 | americanbankingnews.comRain Oncology Inc. to Post Q2 2023 Earnings of ($0.51) Per Share, SVB Leerink Forecasts (NASDAQ:RAIN)May 27, 2023 | americanbankingnews.comHC Wainwright Research Analysts Boost Earnings Estimates for Rain Oncology Inc. (NASDAQ:RAIN)May 25, 2023 | msn.comCitigroup Downgrades Rain Oncology (RAIN)May 25, 2023 | americanbankingnews.comRain Oncology (NASDAQ:RAIN) Downgraded by Citigroup to "Neutral"May 24, 2023 | americanbankingnews.comRain Oncology (NASDAQ:RAIN) Stock Rating Lowered by SVB LeerinkMay 24, 2023 | americanbankingnews.comRain Oncology (NASDAQ:RAIN) Rating Lowered to Market Perform at SVB LeerinkSee More Headlines RAIN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RAIN Company Calendar Last Earnings5/11/2023Today6/07/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Biotechnology Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:RAIN CUSIPN/A CIK1724979 Webwww.rainthera.com Phone510-953-5559FaxN/AEmployees63Year FoundedN/APrice Target and Rating Average Stock Price Forecast$17.00 High Stock Price Forecast$24.00 Low Stock Price Forecast$11.00 Forecasted Upside/Downside+1,217.8%Consensus RatingHold Rating Score (0-4)2.23 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)($2.60) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-75,720,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-81.40% Return on Assets-69.34% Debt Debt-to-Equity RatioN/A Current Ratio5.80 Quick Ratio5.80 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$3.11 per share Price / Book0.41Miscellaneous Outstanding Shares36,360,000Free Float28,400,000Market Cap$46.90 million OptionableNot Optionable Beta0.01 Key ExecutivesMr. Avanish Vellanki M.B.A. (Age 48)Co-Founder, CEO & Chairman Comp: $959.75kDr. Robert C. Doebele M.D. (Age 52)Ph.D., Co-Founder, Chairman of Scientific Advisory Board, Pres & Chief Scientific Officer Comp: $700.56kDr. Richard P. Bryce MBChB (Age 66)MFPM, MRCGP, Exec. VP & Chief Medical Officer Comp: $677.53kMr. Nelson D. Cabatuan (Age 45)Sr. VP of Fin. & Admin. Ms. Theresa O'Connell M.S.Director of Corp. Devel. & OperationsDr. Mehdi Paborji Ph.D. (Age 68)Sr. VP of Technical Operations Mr. Erik Atkisson (Age 51)Gen. Counsel & Chief Compliance Officer Ms. Charmi TurnerVP of People & CultureMs. Vijaya Tirunagaru Ph.D.Sr. VP & Head of ResearchMr. Lucio Tozzi (Age 59)Sr. VP of Clinical Operations More ExecutivesKey CompetitorsFSD PharmaNASDAQ:HUGEHepion PharmaceuticalsNASDAQ:HEPATherapeuticsMDNASDAQ:TXMDEnochian BiosciencesNASDAQ:ENOBNabriva TherapeuticsNASDAQ:NBRVView All CompetitorsInsiders & InstitutionsKevin C TangBought 333,325 shares on 6/1/2023Total: $369,990.75 ($1.11/share)Kevin C TangBought 588,768 shares on 5/30/2023Total: $606,431.04 ($1.03/share)Boxer Capital, LlcSold 995,000 sharesTotal: $1.24 M ($1.25/share)Alyeska Investment Group L.P.Bought 75,000 shares on 5/16/2023Ownership: 0.550%Geode Capital Management LLCBought 62,033 shares on 5/16/2023Ownership: 0.445%View All Insider TransactionsView All Institutional Transactions RAIN Stock - Frequently Asked Questions Should I buy or sell Rain Oncology stock right now? 13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rain Oncology in the last twelve months. There are currently 10 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" RAIN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RAIN, but not buy additional shares or sell existing shares. View RAIN analyst ratings or view top-rated stocks. What is Rain Oncology's stock price forecast for 2023? 13 brokers have issued 12-month price objectives for Rain Oncology's shares. Their RAIN share price forecasts range from $11.00 to $24.00. On average, they predict the company's stock price to reach $17.00 in the next twelve months. This suggests a possible upside of 1,217.8% from the stock's current price. View analysts price targets for RAIN or view top-rated stocks among Wall Street analysts. How have RAIN shares performed in 2023? Rain Oncology's stock was trading at $8.00 at the beginning of 2023. Since then, RAIN stock has decreased by 83.9% and is now trading at $1.29. View the best growth stocks for 2023 here. When is Rain Oncology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our RAIN earnings forecast. How were Rain Oncology's earnings last quarter? Rain Oncology Inc. (NASDAQ:RAIN) issued its quarterly earnings results on Thursday, May, 11th. The company reported ($0.56) EPS for the quarter, topping the consensus estimate of ($0.57) by $0.01. What ETF holds Rain Oncology's stock ? Horizon Kinetics Medical ETF holds 25,000 shares of RAIN stock, representing 0.97% of its portfolio. When did Rain Oncology IPO? (RAIN) raised $126 million in an initial public offering on Friday, April 23rd 2021. The company issued 7,400,000 shares at $16.00-$18.00 per share. Goldman Sachs, Citigroup, Piper Sandler and Guggenheim Securities served as the underwriters for the IPO. What is Rain Oncology's stock symbol? Rain Oncology trades on the NASDAQ under the ticker symbol "RAIN." Who are Rain Oncology's major shareholders? Rain Oncology's stock is owned by a number of institutional and retail investors. Top institutional investors include Perceptive Advisors LLC (4.53%), GMT Capital Corp (2.27%), Sectoral Asset Management Inc. (1.33%), FMR LLC (0.96%), Ghost Tree Capital LLC (0.69%) and Alyeska Investment Group L.P. (0.55%). Insiders that own company stock include Aaron I Davis, Boxer Capital, Llc, Bvf Partners L P/Il, Cormorant Asset Management, Lp, Franklin M Berger, Kevin C Tang, Perceptive Advisors Llc and Value Fund L P Biotechnology. View institutional ownership trends. How do I buy shares of Rain Oncology? Shares of RAIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Rain Oncology's stock price today? One share of RAIN stock can currently be purchased for approximately $1.29. How much money does Rain Oncology make? Rain Oncology (NASDAQ:RAIN) has a market capitalization of $46.90 million. The company earns $-75,720,000.00 in net income (profit) each year or ($2.60) on an earnings per share basis. How can I contact Rain Oncology? The official website for the company is www.rainthera.com. The company can be reached via phone at 510-953-5559 or via email at bob@lifesciadvisors.com. This page (NASDAQ:RAIN) was last updated on 6/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Rain Oncology Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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