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Edgewise Therapeutics Q4 net loss widens vs Q3 as costs rise

ReutersFeb 26, 2026 1:11 PM


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


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

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