Schrödinger Stock Price, News & Analysis (NASDAQ:SDGR)

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Schrödinger in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SDGR shares.
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6 Wall Street analysts have issued 1 year target prices for Schrödinger's stock. Their SDGR share price targets range from $23.00 to $67.00. On average, they expect the company's stock price to reach $49.86 in the next year. This suggests a possible upside of 57.8% from the stock's current price.
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Schrödinger's stock was trading at $18.69 on January 1st, 2023. Since then, SDGR stock has increased by 69.1% and is now trading at $31.60.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
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Schrödinger, Inc. (NASDAQ:SDGR) released its earnings results on Wednesday, November, 1st. The company reported ($0.86) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.69) by $0.17. The firm earned $42.57 million during the quarter, compared to analysts' expectations of $39.02 million. Schrödinger had a negative trailing twelve-month return on equity of 24.03% and a net margin of 22.16%.

ETFs with the largest weight of Schrödinger (NASDAQ:SDGR) stock in their portfolio include ARK Genomic Revolution ETF (ARKG), TrueShares Technology, AI & Deep Learning ETF (LRNZ), Northern Lights Fund Trust IV - Long Cramer Tracker ETF (LJIM), Subversive Mental Health ETF (SANE), Jacob Forward ETF (JFWD), Invesco S&P SmallCap Health Care ETF (PSCH), SPDR FactSet Innovative Technology ETF (XITK) and Motley Fool Small-Cap Growth ETF (TMFS).

Schrödinger issued an update on its FY 2023 earnings guidance on Wednesday, November, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $205.94 million-$230.01 million, compared to the consensus revenue estimate of $221.63 million.

8 employees have rated Schrödinger Chief Executive Officer Ramy Farid on Glassdoor.com. Ramy Farid has an approval rating of 95% among the company's employees. This puts Ramy Farid in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Schrödinger investors own include NVIDIA (NVDA), Marvell Technology (MRVL), Tesla (TSLA), Advanced Micro Devices (AMD), Alibaba Group (BABA), Block (SQ), Cisco Systems (CSCO), Teladoc Health (TDOC), Alteryx (AYX) and QUALCOMM (QCOM).

(SDGR) raised $150 million in an IPO on Thursday, February 6th 2020. The company issued 10,000,000 shares at a price of $14.00-$16.00 per share. Morgan Stanley, BofA Securities, Jefferies and BMO Capital Markets served as the underwriters for the IPO.

Schrödinger's stock is owned by a number of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (4.10%), ARK Investment Management LLC (3.95%), FMR LLC (2.41%), Morgan Stanley (2.07%), Sumitomo Mitsui Trust Holdings Inc. (2.00%) and Tocqueville Asset Management L.P. (1.01%). Insiders that own company stock include Cony D'cruz, David E Shaw, Gary Sender, Jennifer Daniel, Jenny Herman, Joel Lebowitz, Jorg Weiser, Karen Akinsanya, Kenneth Patrick Lorton, Michael Lynton, Nancy Thornberry, Ramy Farid, Richard Friesner, Robert Lorne Abel, Rosana Kapeller-Libermann, Shane Brauner and Yvonne Tran.
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Shares of SDGR 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.
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