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Acumen Pharmaceuticals Q2 net loss widens

ReutersAug 12, 2025 11:10 AM


Overview

  • Acumen Q2 net loss widens to $41.0 mln, driven by increased R&D expenses

  • Cash reserves of $166.2 mln expected to support operations into early 2027


Outlook

  • Cash reserves expected to support operations into early 2027


Result Drivers

  • SCREENING INNOVATIONS - Co implemented a two-step screening process in ALTITUDE-AD phase 2 clinical trial, reducing costs by 40% across U.S. and Canadian sites and improving enrollment rates

  • R&D EXPENSES - Increased R&D expenses driven by manufacturing and materials costs for ALTITUDE-AD trial

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Net Income

-$40.95 mln

Q2 Basic EPS

-$0.68

Q2 Income From Operations

-$41.75 mln

Q2 Operating Expenses

$41.75 mln


Analyst Coverage

  • The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the biotechnology & medical research peer group is "buy."

  • Wall Street's median 12-month price target for Acumen Pharmaceuticals Inc is $10.00, about 85.8% above its August 11 closing price of $1.42

Press Release: ID:nGNX6js0Qq

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