NASDAQ:ABOS

Acumen Pharmaceuticals (ABOS) Stock Price, News & Analysis

$3.16
+0.03 (+0.96%)
(As of 04/23/2024 ET)
Today's Range
$3.14
$3.32
50-Day Range
$3.13
$4.64
52-Week Range
$1.81
$11.31
Volume
270,690 shs
Average Volume
380,522 shs
Market Capitalization
$189.85 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.25

Acumen Pharmaceuticals MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
287.7% Upside
$12.25 Price Target
Short Interest
Healthy
2.88% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.53mentions of Acumen Pharmaceuticals in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($1.22) to ($1.47) Per Share

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.

2.18 out of 5 stars

Medical Sector

521st out of 909 stocks

Biological Products, Except Diagnostic Industry

81st out of 155 stocks

ABOS stock logo

About Acumen Pharmaceuticals Stock (NASDAQ:ABOS)

Acumen Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, discovers and develops therapies for the treatment of Alzheimer's disease. The company focuses on advancing a targeted immunotherapy drug candidate ACU193, a humanized monoclonal antibody that is in Phase I clinical-stage to target soluble amyloid-beta oligomers. Acumen Pharmaceuticals, Inc. was incorporated in 1996 and is headquartered in Charlottesville, Virginia.

ABOS Stock Price History

ABOS Stock News Headlines

top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Q4 2023 Acumen Pharmaceuticals Inc Earnings Call
ABOS Mar 2024 2.500 put
Buy Alert: 3 Healthcare Stocks Sitting in the Sweet Spot
See More Headlines
Receive ABOS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Acumen Pharmaceuticals and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
3/26/2024
Today
4/23/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Current Symbol
NASDAQ:ABOS
Fax
N/A
Employees
39
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.25
High Stock Price Target
$15.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+272.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$-52,370,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$4.61 per share

Miscellaneous

Free Float
55,574,000
Market Cap
$197.66 million
Optionable
Optionable
Beta
0.09
7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

Key Executives

  • Mr. Daniel J. O'Connell M.B.A. (Age 53)
    CEO & Director
    Comp: $901.2k
  • Mr. Matt Zuga
    CFO & Chief Business Officer
  • Mr. Derek M. Meisner Esq. (Age 53)
    J.D., Chief Legal Officer & Corporate Secretary
    Comp: $240.17k
  • Dr. James Doherty Ph.D. (Age 56)
    President & Chief Development Officer
  • Dr. Grant A. Krafft Ph.D.
    Co-Founder
  • Dr. Caleb E. Finch Ph.D.
    Co-Founder
  • Dr. William L. Klein Ph.D.
    Co-Founder
  • Mr. Russell Barton M.S. (Age 65)
    Chief Operating Officer
    Comp: $223.68k
  • Ms. Kelly Carranza
    Vice President, Finance & Accounting and Corporate Controller
  • Ms. Alex Braun M.B.A.
    VP & Head of Investor Relations

ABOS Stock Analysis - Frequently Asked Questions

Should I buy or sell Acumen Pharmaceuticals stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Acumen Pharmaceuticals in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ABOS shares.
View ABOS analyst ratings
or view top-rated stocks.

What is Acumen Pharmaceuticals' stock price target for 2024?

5 brokers have issued 1-year target prices for Acumen Pharmaceuticals' shares. Their ABOS share price targets range from $8.00 to $15.00. On average, they predict the company's stock price to reach $12.25 in the next year. This suggests a possible upside of 287.7% from the stock's current price.
View analysts price targets for ABOS
or view top-rated stocks among Wall Street analysts.

How have ABOS shares performed in 2024?

Acumen Pharmaceuticals' stock was trading at $3.84 on January 1st, 2024. Since then, ABOS shares have decreased by 17.7% and is now trading at $3.16.
View the best growth stocks for 2024 here
.

Are investors shorting Acumen Pharmaceuticals?

Acumen Pharmaceuticals saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 1,240,000 shares, an increase of 21.6% from the March 15th total of 1,020,000 shares. Based on an average daily trading volume, of 369,100 shares, the days-to-cover ratio is presently 3.4 days. Approximately 2.9% of the company's stock are short sold.
View Acumen Pharmaceuticals' Short Interest
.

When is Acumen Pharmaceuticals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our ABOS earnings forecast
.

How were Acumen Pharmaceuticals' earnings last quarter?

Acumen Pharmaceuticals, Inc. (NASDAQ:ABOS) posted its earnings results on Tuesday, March, 26th. The company reported ($0.29) earnings per share for the quarter, meeting the consensus estimate of ($0.29).

What ETF holds Acumen Pharmaceuticals' stock?

iShares Neuroscience and Healthcare ETF holds 2,998 shares of ABOS stock, representing 0.28% of its portfolio.

When did Acumen Pharmaceuticals IPO?

Acumen Pharmaceuticals (ABOS) raised $125 million in an IPO on Thursday, July 1st 2021. The company issued 8,333,333 shares at $14.00-$16.00 per share.

How do I buy shares of Acumen Pharmaceuticals?

Shares of ABOS 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:ABOS) was last updated on 4/23/2024 by MarketBeat.com Staff

From Our Partners