NASDAQ:ELDN Eledon Pharmaceuticals (ELDN) Stock Price, News & Analysis → AI Cracks Open Largest Untapped Energy Reserve on Earth (From Banyan Hill Publishing) (Ad) Free ELDN Stock Alerts $1.62 +0.08 (+5.19%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$1.56▼$1.6750-Day Range$1.54▼$1.9452-Week Range$1.07▼$2.95Volume37,206 shsAverage Volume58,256 shsMarket Capitalization$39.20 millionP/E RatioN/ADividend YieldN/APrice Target$10.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Eledon Pharmaceuticals alerts: Email Address Eledon Pharmaceuticals MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside558.4% Upside$10.67 Price TargetShort InterestHealthy0.16% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.74) to ($1.20) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.51 out of 5 starsMedical Sector290th out of 947 stocksPharmaceutical Preparations Industry138th out of 435 stocks 3.5 Analyst's Opinion Consensus RatingEledon Pharmaceuticals has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.67, Eledon Pharmaceuticals has a forecasted upside of 558.4% from its current price of $1.62.Amount of Analyst CoverageEledon Pharmaceuticals has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.16% of the outstanding shares of Eledon Pharmaceuticals have been sold short.Short Interest Ratio / Days to CoverEledon Pharmaceuticals has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Eledon Pharmaceuticals has recently decreased by 26.69%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldEledon Pharmaceuticals does not currently pay a dividend.Dividend GrowthEledon Pharmaceuticals does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ELDN. Previous Next 3.6 News and Social Media Coverage News SentimentEledon Pharmaceuticals has a news sentiment score of 1.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 1 news article for Eledon Pharmaceuticals this week, compared to 1 article on an average week.Search Interest2 people have searched for ELDN on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows3 people have added Eledon Pharmaceuticals to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Eledon Pharmaceuticals insiders have not sold or bought any company stock.Percentage Held by Insiders19.40% of the stock of Eledon Pharmaceuticals is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 39.40% of the stock of Eledon Pharmaceuticals is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Eledon Pharmaceuticals are expected to grow in the coming year, from ($1.74) to ($1.20) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Eledon Pharmaceuticals is -0.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Eledon Pharmaceuticals is -0.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioEledon Pharmaceuticals has a P/B Ratio of 0.26. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsThe only AI company you should be looking atThis is the ONLY AI company you should be watching right now. No. It's not Nvidia, Intel, or Microsoft... It's a tiny biotech using proprietary AI to assist in new drug discovery at a rate 100,000 times faster than a human. This new drug discovery technique will change the market. And that's why they received a $50 million investment from an AI powerhouse.Get the stock ticker here >>> About Eledon Pharmaceuticals Stock (NASDAQ:ELDN)Eledon Pharmaceuticals, Inc. operates as a clinical stage biotechnology company. The company uses its immunology expertise in targeting the CD40 Ligand (CD40L, also called CD154) pathway to develop therapies to protect transplanted organs and prevent rejection, and to treat amyotrophic lateral sclerosis (ALS). The company's lead compound in development is tegoprubart, an anti-CD40L antibody with high affinity for CD40 Ligand, a biological target with therapeutic potential. It has a collaboration agreement with eGenesis, Inc. The company was formerly known as Novus Therapeutics, Inc. and changed its name to Eledon Pharmaceuticals, Inc. in January 2021. Eledon Pharmaceuticals, Inc. is headquartered in Irvine, California.Read More ELDN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ELDN Stock News HeadlinesFebruary 19, 2024 | finance.yahoo.comEledon Pharmaceuticals, Inc. (ELDN)February 17, 2024 | morningstar.comEledon Pharmaceuticals Inc ELDNMarch 18, 2024 | Behind the Markets (Ad)The only AI company you should be looking atThis is the ONLY AI company you should be watching right now. No. It's not Nvidia, Intel, or Microsoft... It's a tiny biotech using proprietary AI to assist in new drug discovery at a rate 100,000 times faster than a human. This new drug discovery technique will change the market. And that's why they received a $50 million investment from an AI powerhouse.February 13, 2024 | globenewswire.comEledon Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)January 5, 2024 | finanznachrichten.deEledon Pharmaceuticals, Inc.: Eledon Pharmaceuticals Highlights Recent Business Milestones and Provides 2024 OutlookJanuary 5, 2024 | msn.comEledon Pharmaceuticals reports recent business milestonesJanuary 4, 2024 | finance.yahoo.comEledon Pharmaceuticals Highlights Recent Business Milestones and Provides 2024 OutlookDecember 25, 2023 | finance.yahoo.comWill Eledon Pharmaceuticals (NASDAQ:ELDN) Spend Its Cash Wisely?March 18, 2024 | Banyan Hill Publishing (Ad)AI Cracks Open Largest Untapped Energy Reserve on EarthThis orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion… November 29, 2023 | finance.yahoo.comEledon Pharmaceuticals to Present at Noble Capital Markets' Emerging Growth Equity ConferenceNovember 10, 2023 | finanznachrichten.deEledon Pharmaceuticals, Inc.: Eledon Pharmaceuticals Reports Third Quarter 2023 Operating and Financial ResultsNovember 9, 2023 | msn.comEledon Pharmaceuticals, Inc. (ELDN) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?November 9, 2023 | finance.yahoo.comEledon Pharmaceuticals Reports Third Quarter 2023 Operating and Financial ResultsNovember 8, 2023 | finance.yahoo.comEledon Pharmaceuticals to Present at Jefferies London Healthcare ConferenceNovember 6, 2023 | markets.businessinsider.comPromising Results and Buy Rating for Eledon Pharmaceuticals: Tegoprubart’s Potential in Kidney Transplant TherapyNovember 4, 2023 | markets.businessinsider.comPromising Phase Ib Study Results Bolster Buy Rating for Eledon Pharmaceuticals: An Analysis by Rami KatkhudaNovember 2, 2023 | finance.yahoo.comEledon Reports Updated Data from Ongoing Phase 1b Trial Evaluating Tegoprubart for Prevention of Rejection in Kidney TransplantationOctober 24, 2023 | msn.comHC Wainwright & Co. Maintains Eledon Pharmaceuticals (ELDN) Buy RecommendationOctober 23, 2023 | msn.comEledon Pharmaceuticals appoints Eliezer Katz as CMOOctober 23, 2023 | markets.businessinsider.comEledon Pharmaceuticals Appoints Eliezer Katz As Chief Medical OfficerOctober 23, 2023 | finance.yahoo.comEledon Pharmaceuticals Strengthens Leadership Team with Appointment of Eliezer Katz, M.D., FACS as Chief Medical OfficerOctober 13, 2023 | finance.yahoo.comEledon Pharmaceuticals to Present Data from Ongoing Phase 1b Trial of Tegoprubart in Patients Undergoing Kidney Transplantation at the American Society of Nephrology Kidney Week 2023 Annual MeetingOctober 2, 2023 | finance.yahoo.comEledon Pharmaceuticals Appoints Kidney Transplant Specialist Dr. Allan Douglas Kirk to Board of DirectorsSeptember 28, 2023 | nasdaq.comNoble Capital Markets Initiates Coverage of Eledon Pharmaceuticals (ELDN) with Outperform RecommendationSeptember 27, 2023 | markets.businessinsider.comPromising Clinical Trials and Future Projections Bolster Buy Rating for Eledon PharmaceuticalsSeptember 25, 2023 | finance.yahoo.comEledon Pharmaceuticals Announces Use of Tegoprubart anti-CD40L Antibody in Second-ever Transplant of Genetically Modified Heart from a Pig to a HumanSeptember 20, 2023 | finance.yahoo.comEledon Pharmaceuticals to Participate at the 2023 Cantor Fitzgerald Global Healthcare ConferenceSee More Headlines Receive ELDN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Eledon Pharmaceuticals and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/11/2021Today3/18/2024Next Earnings (Estimated)4/04/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:ELDN CUSIPN/A CIK1404281 Webnovustherapeutics.com Phone(949) 238-8090FaxN/AEmployees17Year FoundedN/APrice Target and Rating Average Stock Price Target$10.67 High Stock Price Target$13.00 Low Stock Price Target$9.00 Potential Upside/Downside+558.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($5.59) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-87,970,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-46.18% Return on Assets-42.79% Debt Debt-to-Equity RatioN/A Current Ratio21.73 Quick Ratio21.73 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash Flow$0.71 per share Price / Cash Flow2.27 Book Value$6.12 per share Price / Book0.26Miscellaneous Outstanding Shares24,198,000Free Float19,504,000Market Cap$39.20 million OptionableOptionable Beta0.85 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesDr. David-Alexandre C. Gros M.D. (Age 52)Ph.D., CEO & Non Independent Director Comp: $807.96kDr. Steven N. Perrin Ph.D. (Age 58)President, Chief Scientific Officer & Non Independent Director Comp: $603.9kMr. Paul Sean Little (Age 59)CFO & Principal Accounting Officer Comp: $611.71kMr. John HerbergerVice President of Technical OperationsMr. Bryan E. Smith J.D. (Age 44)General Counsel, Corporate Secretary & Chief Compliance Officer Comp: $377.14kDr. David Hovland Ph.D.Chief Regulatory OfficerDr. Eliezer Katz F.A.C.S.FACS, M.D., Chief Medical OfficerMore ExecutivesKey CompetitorsAcurx PharmaceuticalsNASDAQ:ACXPViracta TherapeuticsNASDAQ:VIRXProMIS NeurosciencesNASDAQ:PMNKorro BioNASDAQ:KRRORockwell MedicalNASDAQ:RMTIView All CompetitorsInstitutional OwnershipVanguard Group Inc.Bought 20,898 shares on 3/11/2024Ownership: 2.874%Vanguard Group Inc.Bought 20,898 shares on 2/15/2024Ownership: 2.874%Armistice Capital LLCBought 365,000 shares on 2/13/2024Ownership: 9.045%Northern Trust CorpSold 7,528 shares on 2/13/2024Ownership: 0.165%View All Institutional Transactions ELDN Stock Analysis - Frequently Asked Questions Should I buy or sell Eledon Pharmaceuticals stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Eledon Pharmaceuticals in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ELDN shares. View ELDN analyst ratings or view top-rated stocks. What is Eledon Pharmaceuticals' stock price target for 2024? 3 brokerages have issued 12 month price objectives for Eledon Pharmaceuticals' stock. Their ELDN share price targets range from $9.00 to $13.00. On average, they anticipate the company's share price to reach $10.67 in the next year. This suggests a possible upside of 558.4% from the stock's current price. View analysts price targets for ELDN or view top-rated stocks among Wall Street analysts. How have ELDN shares performed in 2024? Eledon Pharmaceuticals' stock was trading at $1.80 at the beginning of the year. Since then, ELDN shares have decreased by 10.0% and is now trading at $1.62. View the best growth stocks for 2024 here. Are investors shorting Eledon Pharmaceuticals? Eledon Pharmaceuticals saw a drop in short interest in February. As of February 29th, there was short interest totaling 39,000 shares, a drop of 26.7% from the February 14th total of 53,200 shares. Based on an average daily volume of 68,700 shares, the short-interest ratio is currently 0.6 days. View Eledon Pharmaceuticals' Short Interest. When is Eledon Pharmaceuticals' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 4th 2024. View our ELDN earnings forecast. How were Eledon Pharmaceuticals' earnings last quarter? Eledon Pharmaceuticals, Inc. (NASDAQ:ELDN) announced its quarterly earnings results on Thursday, November, 11th. The company reported ($0.66) earnings per share for the quarter, beating the consensus estimate of ($0.67) by $0.01. During the same period last year, the company posted ($3.91) EPS. Who are Eledon Pharmaceuticals' major shareholders? Eledon Pharmaceuticals' stock is owned by many different retail and institutional investors. Top institutional shareholders include Armistice Capital LLC (9.05%), Vanguard Group Inc. (2.87%), Vanguard Group Inc. (2.87%), Northern Trust Corp (0.16%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include David-Alexandre C Gros, David-Alexandre C Gros and Paul Sean Little. View institutional ownership trends. How do I buy shares of Eledon Pharmaceuticals? Shares of ELDN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:ELDN) was last updated on 3/18/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceDid you make $29,000 two days with AI options trades?Prosper Trading AcademyForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingThe world’s greatest investmentPorter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Eledon Pharmaceuticals, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.