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Avidity Biosciences (RNA) Stock Price, News & Analysis

Avidity Biosciences logo
$28.80 -0.37 (-1.27%)
As of 04:00 PM Eastern

About Avidity Biosciences Stock (NASDAQ:RNA)

Key Stats

Today's Range
$27.98
$29.29
50-Day Range
$26.07
$36.24
52-Week Range
$21.51
$56.00
Volume
1.28 million shs
Average Volume
1.36 million shs
Market Capitalization
$3.47 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$65.59
Consensus Rating
Buy

Company Overview

Avidity Biosciences Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
49th Percentile Overall Score

RNA MarketRank™: 

Avidity Biosciences scored higher than 49% of companies evaluated by MarketBeat, and ranked 532nd out of 913 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Avidity Biosciences has received a consensus rating of Buy. The company's average rating score is 3.06, and is based on 16 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Avidity Biosciences has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Avidity Biosciences' stock forecast and price target.
  • Earnings Growth

    Earnings for Avidity Biosciences are expected to decrease in the coming year, from ($2.89) to ($3.34) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Avidity Biosciences is -9.47, 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. Sector

    The P/E ratio of Avidity Biosciences is -9.47, 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 Ratio

    Avidity Biosciences has a P/B Ratio of 2.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Avidity Biosciences' valuation and earnings.
  • Percentage of Shares Shorted

    14.10% of the float of Avidity Biosciences has been sold short.
  • Short Interest Ratio / Days to Cover

    Avidity Biosciences has a short interest ratio ("days to cover") of 10.6, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Avidity Biosciences has recently increased by 1.05%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Avidity Biosciences does not currently pay a dividend.

  • Dividend Growth

    Avidity Biosciences does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    14.10% of the float of Avidity Biosciences has been sold short.
  • Short Interest Ratio / Days to Cover

    Avidity Biosciences has a short interest ratio ("days to cover") of 10.6, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Avidity Biosciences has recently increased by 1.05%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Avidity Biosciences has a news sentiment score of 0.92. 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 higher news sentiment than the 0.58 average news sentiment score of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Avidity Biosciences this week, compared to 8 articles on an average week.
  • Search Interest

    6 people have searched for RNA on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added Avidity Biosciences to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Avidity Biosciences insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,066,319.00 in company stock.

  • Percentage Held by Insiders

    Only 3.83% of the stock of Avidity Biosciences is held by insiders.

  • Read more about Avidity Biosciences' insider trading history.
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RNA Stock News Headlines

Avidity Biosciences, Inc. (RNA) - Yahoo Finance
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RNA Stock Analysis - Frequently Asked Questions

Avidity Biosciences' stock was trading at $29.08 on January 1st, 2025. Since then, RNA stock has decreased by 2.3% and is now trading at $28.42.

Avidity Biosciences, Inc. (NASDAQ:RNA) issued its quarterly earnings data on Thursday, May, 8th. The biotechnology company reported ($0.90) earnings per share for the quarter, missing analysts' consensus estimates of ($0.88) by $0.02. The biotechnology company had revenue of $1.60 million for the quarter, compared to analyst estimates of $2.63 million. Avidity Biosciences had a negative trailing twelve-month return on equity of 26.96% and a negative net margin of 4,136.00%.

Avidity Biosciences (RNA) raised $150 million in an initial public offering (IPO) on Friday, June 12th 2020. The company issued 10,000,000 shares at a price of $14.00-$16.00 per share. Cowen, SVB Leerink, Credit Suisse and Wells Fargo Securities acted as the underwriters for the IPO.

Shares of RNA 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Avidity Biosciences investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Eli Lilly and Company (LLY), Netflix (NFLX) and Palo Alto Networks (PANW).

Company Calendar

Last Earnings
5/08/2025
Today
7/07/2025
Next Earnings (Estimated)
8/08/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Medical
Industry
MED - BIOMED/GENE
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:RNA
Fax
N/A
Employees
190
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$65.59
High Stock Price Target
$96.00
Low Stock Price Target
$50.00
Potential Upside/Downside
+133.1%
Consensus Rating
Buy
Rating Score (0-4)
3.06
Research Coverage
17 Analysts

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$322.30 million
Net Margins
-4,136.00%
Pretax Margin
-4,135.99%

Debt

Sales & Book Value

Annual Sales
$10.90 million
Price / Cash Flow
N/A
Book Value
$11.94 per share
Price / Book
2.36

Miscellaneous

Free Float
115,904,000
Market Cap
$3.39 billion
Optionable
Optionable
Beta
0.91

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This page (NASDAQ:RNA) was last updated on 7/7/2025 by MarketBeat.com Staff
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