
Overview
Muscle disease biopharma's Q4 net loss widens from Q3 to $50.2 mln, with increased operating expenses
Company's R&D expenses rose due to personnel and clinical trial costs
Edgewise advances muscular dystrophy and cardiovascular programs with key trials in 2026
Outlook
Edgewise expects CIRRUS-HCM 12-week data for EDG-7500 in H1 2026
Company plans Phase 3 trial initiation for EDG-7500 in HCM in H2 2026
Edgewise anticipates GRAND CANYON trial data in Becker in Q4 2026
Result Drivers
R&D EXPENSES - Increase driven by personnel costs and clinical trial activities for EDG-15400 and EDG-7500
MUSCULAR DYSTROPHY PROGRAM - Advancing trials for sevasemten in Becker and Duchenne muscular dystrophies
CARDIOVASCULAR PROGRAMS - Progressing CIRRUS-HCM and EDG-15400 trials with key data expected in 2026
Company press release: ID:nPn4QbXrwa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Net Income |
| -$50.22 mln |
|
Q4 Basic EPS |
| -$0.47 |
|
Q4 Operating Expenses |
| $55.98 mln |
|
Q4 Operating Income |
| -$55.98 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 2 "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 Edgewise Therapeutics Inc is $41.50, about 37.8% above its February 25 closing price of $30.12
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