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Wave Life Sciences (WVE) Competitors

Wave Life Sciences logo
$8.10 +0.16 (+2.04%)
As of 12:10 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

WVE vs. RNA, ACLX, RARE, ZLAB, AKRO, MRUS, MOR, SRRK, PTGX, and CRNX

Should you be buying Wave Life Sciences stock or one of its competitors? The main competitors of Wave Life Sciences include Avidity Biosciences (RNA), Arcellx (ACLX), Ultragenyx Pharmaceutical (RARE), Zai Lab (ZLAB), Akero Therapeutics (AKRO), Merus (MRUS), MorphoSys (MOR), Scholar Rock (SRRK), Protagonist Therapeutics (PTGX), and Crinetics Pharmaceuticals (CRNX). These companies are all part of the "pharmaceutical products" industry.

Wave Life Sciences vs.

Wave Life Sciences (NASDAQ:WVE) and Avidity Biosciences (NASDAQ:RNA) are both medical companies, but which is the superior investment? We will compare the two businesses based on the strength of their risk, earnings, profitability, dividends, community ranking, analyst recommendations, valuation, media sentiment and institutional ownership.

Wave Life Sciences currently has a consensus price target of $21.17, indicating a potential upside of 166.58%. Avidity Biosciences has a consensus price target of $66.69, indicating a potential upside of 104.01%. Given Wave Life Sciences' higher possible upside, equities research analysts plainly believe Wave Life Sciences is more favorable than Avidity Biosciences.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Wave Life Sciences
0 Sell rating(s)
1 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
3.00
Avidity Biosciences
0 Sell rating(s)
0 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
3.00

89.7% of Wave Life Sciences shares are owned by institutional investors. 29.1% of Wave Life Sciences shares are owned by insiders. Comparatively, 3.7% of Avidity Biosciences shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Wave Life Sciences has a beta of -0.93, suggesting that its stock price is 193% less volatile than the S&P 500. Comparatively, Avidity Biosciences has a beta of 1.01, suggesting that its stock price is 1% more volatile than the S&P 500.

Wave Life Sciences received 200 more outperform votes than Avidity Biosciences when rated by MarketBeat users. However, 69.14% of users gave Avidity Biosciences an outperform vote while only 67.90% of users gave Wave Life Sciences an outperform vote.

CompanyUnderperformOutperform
Wave Life SciencesOutperform Votes
368
67.90%
Underperform Votes
174
32.10%
Avidity BiosciencesOutperform Votes
168
69.14%
Underperform Votes
75
30.86%

Wave Life Sciences has a net margin of -66.50% compared to Avidity Biosciences' net margin of -2,772.45%. Avidity Biosciences' return on equity of -27.66% beat Wave Life Sciences' return on equity.

Company Net Margins Return on Equity Return on Assets
Wave Life Sciences-66.50% -280.57% -52.90%
Avidity Biosciences -2,772.45%-27.66%-24.56%

In the previous week, Wave Life Sciences had 7 more articles in the media than Avidity Biosciences. MarketBeat recorded 17 mentions for Wave Life Sciences and 10 mentions for Avidity Biosciences. Avidity Biosciences' average media sentiment score of 1.67 beat Wave Life Sciences' score of 1.00 indicating that Avidity Biosciences is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Wave Life Sciences
5 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Avidity Biosciences
9 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Wave Life Sciences has higher revenue and earnings than Avidity Biosciences. Avidity Biosciences is trading at a lower price-to-earnings ratio than Wave Life Sciences, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Wave Life Sciences$108.30M11.25-$57.51M-$0.79-10.05
Avidity Biosciences$10.90M360.62-$212.22M-$2.89-11.31

Summary

Wave Life Sciences beats Avidity Biosciences on 11 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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WVE vs. The Competition

MetricWave Life SciencesPharmaceutical IndustryMedical SectorNASDAQ Exchange
Market Cap$1.22B$6.84B$5.53B$7.93B
Dividend YieldN/A3.05%5.11%4.22%
P/E Ratio-7.157.3222.5118.54
Price / Sales11.25241.49397.62103.30
Price / CashN/A65.8538.1834.62
Price / Book19.856.486.734.25
Net Income-$57.51M$143.41M$3.22B$248.18M
7 Day Performance17.98%2.58%1.38%1.03%
1 Month Performance4.89%5.00%2.79%2.70%
1 Year Performance35.03%-3.72%15.41%4.05%

Wave Life Sciences Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WVE
Wave Life Sciences
4.2263 of 5 stars
$8.10
+2.0%
$21.17
+161.3%
+40.0%$1.24B$108.30M-7.30240Upcoming Earnings
Analyst Forecast
Analyst Revision
News Coverage
RNA
Avidity Biosciences
2.6957 of 5 stars
$28.52
+7.0%
$66.69
+133.8%
+26.7%$3.43B$10.90M-9.90190Upcoming Earnings
Positive News
ACLX
Arcellx
1.8189 of 5 stars
$60.93
-1.8%
$110.67
+81.6%
+25.6%$3.35B$107.94M-85.8280Upcoming Earnings
News Coverage
Positive News
RARE
Ultragenyx Pharmaceutical
4.3586 of 5 stars
$35.40
-0.8%
$92.79
+162.1%
-10.0%$3.32B$560.23M-5.581,310Upcoming Earnings
Short Interest ↑
Positive News
ZLAB
Zai Lab
2.1706 of 5 stars
$29.71
+3.0%
$47.37
+59.4%
+95.9%$3.26B$398.99M-10.731,950Upcoming Earnings
Positive News
AKRO
Akero Therapeutics
3.7931 of 5 stars
$37.67
+0.1%
$76.29
+102.5%
+125.6%$3.00BN/A-10.0530Upcoming Earnings
News Coverage
Positive News
MRUS
Merus
3.259 of 5 stars
$43.23
+0.4%
$85.31
+97.3%
-3.3%$2.99B$36.13M-10.9437Upcoming Earnings
Short Interest ↓
Analyst Revision
News Coverage
MOR
MorphoSys
N/A$18.96
flat
N/AN/A$2.86B$238.28M-5.45730
SRRK
Scholar Rock
4.0538 of 5 stars
$29.81
-3.1%
$42.67
+43.1%
+119.0%$2.83B$33.19M-12.69140Upcoming Earnings
Insider Trade
News Coverage
Positive News
PTGX
Protagonist Therapeutics
3.4712 of 5 stars
$45.80
-1.0%
$65.44
+42.9%
+76.0%$2.81B$434.43M17.22120Upcoming Earnings
News Coverage
Positive News
CRNX
Crinetics Pharmaceuticals
3.6702 of 5 stars
$30.15
-0.9%
$73.00
+142.1%
-25.6%$2.81B$1.04M-8.08210Upcoming Earnings
News Coverage
Positive News

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This page (NASDAQ:WVE) was last updated on 5/2/2025 by MarketBeat.com Staff
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