
Overview
Pharmaceutical firm's Q4 loss per share beat analyst expectations
Net loss for Q4 beat analyst estimates
Company expects cash runway to fund operations through 2028
Outlook
Company expects topline data from Phase 3 LUCIDITY trial in Q3 2026
Amylyx plans potential commercialization of avexitide in 2027
Company targets IND submission for AMX0318 in 2027
Result Drivers
AVEXITIDE DEVELOPMENT - Increased spending on avexitide for PBH offset decrease in R&D expenses
Company press release: ID:nBwbp8fZXa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 EPS | Beat | -$0.30 | -$0.36 (10 Analysts) |
Q4 Net Income | Beat | -$33 mln | -$37.05 mln (9 Analysts) |
Q4 Operating Income | Beat | -$36.61 mln | -$40.37 mln (10 Analysts) |
Q4 Pretax Profit | Beat | -$32.95 mln | -$39.01 mln (6 Analysts) |
Q4 Cash & Investments |
| $317 mln |
|
Q4 Operating Expenses |
| $36.61 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 11 "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 Amylyx Pharmaceuticals Inc is $20.00, about 30.7% above its March 2 closing price of $15.30
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