Acumen Pharmaceuticals Inc's fundamentals are relatively weak, and its growth potential is high.Its valuation is considered fairly valued, ranking 55/404 in the Biotechnology & Medical Research industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Strong Buy, with the highest price target at 6.50.In the medium term, the stock price is expected to trend up.Despite strong stock market performance and technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Acumen Pharmaceuticals Inc's Score
Industry at a Glance
Industry Ranking
55 / 404
Overall Ranking
154 / 4582
Industry
Biotechnology & Medical Research
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
5
analysts
Strong Buy
Current Rating
6.500
Target Price
+235.05%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Acumen Pharmaceuticals Inc Highlights
StrengthsRisks
Acumen Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company. The Company is engaged in developing a disease-modifying approach to target underlying cause of Alzheimer's disease (AD). The Company is focused on advancing a targeted immunotherapy drug candidate, sabirnetug (ACU193), in its Phase II ALTITUDE-AD clinical trial following Phase I results in early AD patients (patients with mild cognitive impairment or mild dementia due to AD). Sabirnetug is a recombinant humanized immunoglobulin gamma 2 (IgG2), monoclonal antibody (mAb) that selectively targets the anti-amyloid-beta oligomer, has demonstrated functional and protective effects in in-vitro assays, and has demonstrated in-vivo safety and pharmacologic activity in multiple animal species including transgenic mouse models for AD. The Company is developing sabirnetug for IV administration once every four weeks (Q4W) for the treatment of early AD, and it has developing sabirnetug for subcutaneous administration.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 0.00.
Fairly Valued
The company’s latest PE is -0.97, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 38.36M shares, increasing 0.00% quarter-over-quarter.
Acumen Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company. The Company is engaged in developing a disease-modifying approach to target underlying cause of Alzheimer's disease (AD). The Company is focused on advancing a targeted immunotherapy drug candidate, sabirnetug (ACU193), in its Phase II ALTITUDE-AD clinical trial following Phase I results in early AD patients (patients with mild cognitive impairment or mild dementia due to AD). Sabirnetug is a recombinant humanized immunoglobulin gamma 2 (IgG2), monoclonal antibody (mAb) that selectively targets the anti-amyloid-beta oligomer, has demonstrated functional and protective effects in in-vitro assays, and has demonstrated in-vivo safety and pharmacologic activity in multiple animal species including transgenic mouse models for AD. The Company is developing sabirnetug for IV administration once every four weeks (Q4W) for the treatment of early AD, and it has developing sabirnetug for subcutaneous administration.
Ticker SymbolABOS
CompanyAcumen Pharmaceuticals Inc
CEOO'Connell (Daniel J)
Websitehttps://acumenpharm.com/
FAQs
What is the current price of Acumen Pharmaceuticals Inc (ABOS)?
The current price of Acumen Pharmaceuticals Inc (ABOS) is 2.155.
What is the symbol of Acumen Pharmaceuticals Inc?
The ticker symbol of Acumen Pharmaceuticals Inc is ABOS.
What is the 52-week high of Acumen Pharmaceuticals Inc?
The 52-week high of Acumen Pharmaceuticals Inc is 2.460.
What is the 52-week low of Acumen Pharmaceuticals Inc?
The 52-week low of Acumen Pharmaceuticals Inc is 0.855.
What is the market capitalization of Acumen Pharmaceuticals Inc?
The market capitalization of Acumen Pharmaceuticals Inc is 130.54M.
What is the net income of Acumen Pharmaceuticals Inc?
The net income of Acumen Pharmaceuticals Inc is -102.33M.
Is Acumen Pharmaceuticals Inc (ABOS) currently rated as Buy, Hold, or Sell?
According to analysts, Acumen Pharmaceuticals Inc (ABOS) has an overall rating of --, with a price target of 6.500.
What is the Earnings Per Share (EPS TTM) of Acumen Pharmaceuticals Inc (ABOS)?
The Earnings Per Share (EPS TTM) of Acumen Pharmaceuticals Inc (ABOS) is -2.207.