NASDAQ:SWTX

SpringWorks Therapeutics (SWTX) Stock Forecast, Price & News

$26.31

-1.03 (-3.77%)

(As of 11:40 AM ET)

Compare

Today's Range: $24.47
▼
$27.50
50-Day Range: $23.15
▼
$32.71
52-Week Range: $19.25
▼
$39.78

Volume: 385,097 shs
Average Volume: 675,596 shs
Market Capitalization: $1.64 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $56.33

SpringWorks Therapeutics MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 113.3% Upside
$56.33 Price Target
Short Interest: Bearish
25.25% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.46
Based on 9 Articles This Week
Insider Trading: Selling Shares
$34,839 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($4.92) to ($4.22) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.49 out of 5 stars

Medical Sector

860th out of 980 stocks

Biological Products, Except Diagnostic Industry

142nd out of 163 stocks

3.5

Analyst's Opinion

Consensus Rating
SpringWorks Therapeutics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $56.33, SpringWorks Therapeutics has a forecasted upside of 113.3% from its current price of $26.41.
Amount of Analyst Coverage
SpringWorks Therapeutics has only been the subject of 2 research reports in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
25.25% of the float of SpringWorks Therapeutics has been sold short.
Short Interest Ratio / Days to Cover
SpringWorks Therapeutics has a short interest ratio ("days to cover") of 17.1, which indicates bearish sentiment.
Change versus previous month
Short interest in SpringWorks Therapeutics has recently increased by 3.72%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
SpringWorks Therapeutics does not currently pay a dividend.
Dividend Growth
SpringWorks Therapeutics does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SWTX.

0.9

News and Social Media Coverage

News Sentiment
SpringWorks Therapeutics has a news sentiment score of -0.46. 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 0.56 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for SpringWorks Therapeutics this week, compared to 2 articles on an average week.
Search Interest
Only 3 people have searched for SWTX on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SpringWorks Therapeutics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $34,839.00 in company stock.
Percentage Held by Insiders
Only 7.43% of the stock of SpringWorks Therapeutics is held by insiders.

0.6

Earnings and Valuation

Earnings Growth
Earnings for SpringWorks Therapeutics are expected to grow in the coming year, from ($4.92) to ($4.22) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of SpringWorks Therapeutics is -5.13, 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 SpringWorks Therapeutics is -5.13, 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
SpringWorks Therapeutics has a P/B Ratio of 2.95. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About SpringWorks Therapeutics (NASDAQ:SWTX) Stock

SpringWorks Therapeutics, Inc. acquires, develops, and commercializes medicines for underserved patient populations suffering from rare diseases and cancer. Its lead product candidate is nirogacestat, an oral small molecule gamma secretase inhibitor that is in Phase III clinical trial for the treatment of desmoid tumors. The company is also developing mirdametinib, an oral small molecule MEK inhibitor that is in Phase 2b clinical trials for the treatment of neurofibromatosis type 1-associated plexiform neurofibromas, as well as Phase 1/2a clinical trial for the treatment of NF1-PN; mirdametinib + lifirafenib, a combination therapy that is in Phase 1b/2 clinical trial in patients with advanced or refractory solid tumors; and mirdametinib in monotherapy and combination approaches to treat solid tumors. In addition, it develops BGB-3245, an oral selective small molecule inhibitor of monomeric and dimeric forms of activating BRAF mutations, which is in Phase I clinical trial. The company has collaborations with BeiGene, Ltd., GlaxoSmithKline LLC, and Allogene to develop combination approaches with nirogacestat and mirdametinib; and license agreements with Pfizer Inc. for nirogacestat and mirdametinib. It also has a license agreement with Katholieke Universiteit Leuven and the Flanders Institute for Biotechnology for a portfolio of novel small molecule inhibitors of the TEA Domain; and Dana-Farber Cancer Institute for a portfolio of novel small molecule inhibitors of Epidermal Growth Factor Receptor. In addition, the company has clinical collaboration agreement with Janssen Biotech, Inc., Precision BioSciences, Inc., Seagen Inc., and AbbVie, Inc. SpringWorks Therapeutics, Inc. was founded in 2017 and is headquartered in Stamford, Connecticut.

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SWTX Stock News Headlines

June 5, 2023 | markets.businessinsider.com

SpringWorks: FDA Extends PDUFA Date For Nirogacestat NDA

June 5, 2023 | marketwatch.com

SpringWorks Therapeutics: FDA Extends Review of Nirogacestat >SWTX

June 5, 2023 | Edge On The Street (Ad)

AI industry Is Exploding! New Breakthrough Expected this Summer

Bill Gates says the AI Era has begun. Every tech company is looking to integrate artificial intelligence. A young company holds the secret to the next biggest AI advancement.

June 5, 2023 | finance.yahoo.com

SpringWorks Therapeutics Announces PDUFA Date Extension for Nirogacestat NDA

June 1, 2023 | americanbankingnews.com

Wedbush Research Analysts Decrease Earnings Estimates for SpringWorks Therapeutics, Inc. (NASDAQ:SWTX)

May 30, 2023 | finance.yahoo.com

SpringWorks Therapeutics Announces Full Enrollment of Phase 2 Trial Evaluating Nirogacestat in Patients with Ovarian Granulosa Cell Tumors

May 25, 2023 | finance.yahoo.com

SpringWorks Therapeutics Announces Presentation of Additional Data from Phase 3 DeFi Trial of Nirogacestat in Adults with Desmoid Tumors at the 2023 ASCO Annual Meeting

May 17, 2023 | americanbankingnews.com

SpringWorks Therapeutics (NASDAQ:SWTX) Stock Price Up 11.6%

June 5, 2023 | Edge On The Street (Ad)

AI industry Is Exploding! New Breakthrough Expected this Summer

Bill Gates says the AI Era has begun. Every tech company is looking to integrate artificial intelligence. A young company holds the secret to the next biggest AI advancement.

May 11, 2023 | finance.yahoo.com

SpringWorks Therapeutics Announces Clinical Data Presentations of Nirogacestat in Combination with BCMA-Directed Therapies at the European Hematology Association 2023 Congress

May 10, 2023 | americanbankingnews.com

Q2 2023 EPS Estimates for SpringWorks Therapeutics, Inc. (NASDAQ:SWTX) Lowered by Wedbush

May 5, 2023 | markets.businessinsider.com

Analysts Are Bullish on Top Healthcare Stocks: Opko Health (OPK), Arbutus Biopharma (ABUS)

May 3, 2023 | markets.businessinsider.com

Goldman Sachs Keeps Their Buy Rating on Springworks Therapeutics (SWTX)

May 3, 2023 | msn.com

SpringWorks Therapeutics: Q1 Earnings Insights

May 3, 2023 | finance.yahoo.com

SpringWorks Therapeutics Reports First Quarter 2023 Financial Results and Recent Business Highlights

May 2, 2023 | finance.yahoo.com

SpringWorks Therapeutics to Participate in the Bank of America Securities 2023 Health Care Conference

May 1, 2023 | americanbankingnews.com

SpringWorks Therapeutics (NASDAQ:SWTX) Price Target Cut to $41.00 by Analysts at Barclays

April 24, 2023 | americanbankingnews.com

HC Wainwright Reaffirms "Buy" Rating for SpringWorks Therapeutics (NASDAQ:SWTX)

April 20, 2023 | markets.businessinsider.com

Analyst Expectations for SpringWorks Therapeutics's Future

April 17, 2023 | tmcnet.com

MapKure, SpringWorks and BeiGene Present Clinical Data on

April 17, 2023 | tmcnet.com

SpringWorks and BeiGene Present Clinical Data on Lifirafenib,

April 15, 2023 | americanbankingnews.com

SpringWorks Therapeutics (NASDAQ:SWTX) Trading 7.3% Higher

April 14, 2023 | seekingalpha.com

SpringWorks Therapeutics: Pfizer Offshoot With Interesting Pipeline

March 24, 2023 | finance.yahoo.com

SpringWorks Therapeutics, Inc. (SWTX)

March 8, 2023 | finance.yahoo.com

SpringWorks Therapeutics Announces New England Journal of Medicine Publication of Phase 3 DeFi Trial Evaluating Nirogacestat in Adults with Desmoid Tumors

March 1, 2023 | finance.yahoo.com

SpringWorks Therapeutics to Participate in the Cowen 43rd Annual Health Care Conference

February 28, 2023 | msn.com

SpringWorks Therapeutics GAAP EPS of -$5.21 beats by $0.04

See More Headlines

SWTX Price History

30 days | 90 days | 365 days | Advanced Chart

SWTX Company Calendar

Last Earnings: 5/03/2023
Today: 6/05/2023
Next Earnings (Estimated): 8/03/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Biological products, except diagnostic
Sub-Industry: N/A
Sector: Medical
Current Symbol: NASDAQ:SWTX
CUSIP: N/A
CIK: 1773427
Web: www.springworkstx.com
Phone: 203-883-9490
Fax: N/A
Employees: 176
Year Founded: 2017

Price Target and Rating

Average Stock Price Forecast: $56.33
High Stock Price Forecast: $105.00
Low Stock Price Forecast: $41.00
Forecasted Upside/Downside: +106.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($5.15)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-277,420,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -57.72%
Return on Assets: -51.46%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 14.24
Quick Ratio: 14.24

Sales & Book Value

Annual Sales: $35 million
Price / Sales: 48.84
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $8.95 per share
Price / Book: 3.05

Miscellaneous

Outstanding Shares: 62,520,000
Free Float: 57,878,000
Market Cap: $1.71 billion
Optionable: Not Optionable
Beta: 0.57

Social Links

Key Executives

Mr. Saqib Islam J.D. (Age 53)
CEO & Director
Comp: $1.13M

Mr. Francis I. Perier Jr. (Age 63)
M.B.A., Chief Financial Officer
Comp: $674.85k

Dr. Badreddin Edris Ph.D. (Age 36)
Chief Operating Officer
Comp: $844.74k

Mr. Bhavesh Ashar (Age 57)
Chief Commercial Officer
Comp: $821.61k

Mr. Michael P. Nofi (Age 52)
Chief Accounting Officer

Ms. Kim Diamond
VP of Communications & Investor Relations

Mr. Herschel S. Weinstein J.D. (Age 67)
Gen. Counsel & Sec.

Mr. Daniel J. Pichl (Age 40)
Chief People Officer

Dr. L. Mary Smith PH.D. (Age 56)
Chief Devel. Officer

Dr. James Cassidy M.D.
Ph.D., Chief Medical Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SWTX Stock - Frequently Asked Questions

Should I buy or sell SpringWorks Therapeutics stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SpringWorks Therapeutics in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SWTX shares.
View SWTX analyst ratings or view top-rated stocks.
What is SpringWorks Therapeutics' stock price forecast for 2023?: 4 Wall Street research analysts have issued 12 month price targets for SpringWorks Therapeutics' stock. Their SWTX share price forecasts range from $41.00 to $105.00. On average, they predict the company's share price to reach $56.33 in the next twelve months. This suggests a possible upside of 106.0% from the stock's current price.
View analysts price targets for SWTX or view top-rated stocks among Wall Street analysts.
How have SWTX shares performed in 2023?: SpringWorks Therapeutics' stock was trading at $26.01 at the start of the year. Since then, SWTX stock has increased by 5.1% and is now trading at $27.34.
View the best growth stocks for 2023 here.
When is SpringWorks Therapeutics' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our SWTX earnings forecast.
How were SpringWorks Therapeutics' earnings last quarter?: SpringWorks Therapeutics, Inc. (NASDAQ:SWTX) issued its earnings results on Wednesday, May, 3rd. The company reported ($1.18) EPS for the quarter, missing analysts' consensus estimates of ($1.10) by $0.08. During the same quarter last year, the business earned ($1.26) earnings per share.
What ETFs hold SpringWorks Therapeutics' stock?: ETFs with the largest weight of SpringWorks Therapeutics (NASDAQ:SWTX) stock in their portfolio include iShares Genomics Immunology and Healthcare ETF (IDNA), First Trust Innovation Leaders ETF (ILDR), ALPS Medical Breakthroughs ETF (SBIO), Virtus LifeSci Biotech Clinical Trials ETF (BBC), SPDR S&P Biotech ETF (XBI), Direxion Daily S&P Biotech Bull 3x Shares (LABU), Principal Healthcare Innovators ETF (BTEC) and Invesco Nasdaq Biotechnology ETF (IBBQ).
What other stocks do shareholders of SpringWorks Therapeutics own?: Based on aggregate information from My MarketBeat watchlists, some companies that other SpringWorks Therapeutics investors own include Axsome Therapeutics (AXSM), Dicerna Pharmaceuticals (DRNA), Johnson & Johnson (JNJ), Albireo Pharma (ALBO), Gilead Sciences (GILD), Sunrun (RUN), Alnylam Pharmaceuticals (ALNY), Aptevo Therapeutics (APVO), Bristol-Myers Squibb (BMY) and BioXcel Therapeutics (BTAI).
When did SpringWorks Therapeutics IPO?: (SWTX) raised $126 million in an initial public offering (IPO) on Friday, September 13th 2019. The company issued 7,400,000 shares at a price of $16.00-$18.00 per share. J.P. Morgan, Goldman Sachs and Cowen acted as the underwriters for the IPO and Wedbush PacGrow was co-manager.

What is SpringWorks Therapeutics' stock symbol?: SpringWorks Therapeutics trades on the NASDAQ under the ticker symbol "SWTX."
Who are SpringWorks Therapeutics' major shareholders?: SpringWorks Therapeutics' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include FMR LLC (14.99%), BlackRock Inc. (5.19%), Bain Capital Life Sciences Investors LLC (4.93%), State Street Corp (4.50%), Baker BROS. Advisors LP (4.40%) and ArrowMark Colorado Holdings LLC (4.00%). Insiders that own company stock include Badreddin Edris, Bain Capital Life Sciences Inv, Daniel Pichl, Julie Hambleton, L Mary Smith, Orbimed Advisors Llc, Saqib Islam and Stephen P Squinto.
View institutional ownership trends.
How do I buy shares of SpringWorks Therapeutics?: Shares of SWTX 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 SpringWorks Therapeutics' stock price today?: One share of SWTX stock can currently be purchased for approximately $27.34.
How much money does SpringWorks Therapeutics make?: SpringWorks Therapeutics (NASDAQ:SWTX) has a market capitalization of $1.71 billion and generates $35 million in revenue each year. The company earns $-277,420,000.00 in net income (profit) each year or ($5.15) on an earnings per share basis.
How many employees does SpringWorks Therapeutics have?: The company employs 176 workers across the globe.
Does SpringWorks Therapeutics have any subsidiaries?: The following companies are subsidiares of SpringWorks Therapeutics: SpringWorks Subsidiary 1 Inc, SpringWorks Subsidiary 2 Inc, SpringWorks Subsidiary 3 Inc, SpringWorks Subsidiary 4 Inc, SpringWorks Therapeutics LLC, and SpringWorks Therapeutics Operating Company Inc..
Read More
How can I contact SpringWorks Therapeutics?: SpringWorks Therapeutics' mailing address is 100 WASHINGTON BOULEVARD, STAMFORD CT, 06902. The official website for the company is www.springworkstx.com. The company can be reached via phone at 203-883-9490 or via email at investors@springworkstx.com.

This page (NASDAQ:SWTX) was last updated on 6/5/2023 by MarketBeat.com Staff

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