NASDAQ:ADVM Adverum Biotechnologies (ADVM) Stock Price, News & Analysis → Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share (From Colonial Metals) (Ad) Free ADVM Stock Alerts $10.43 +0.43 (+4.30%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$10.00▼$10.6850-Day Range$9.19▼$20.0052-Week Range$7.40▼$29.70Volume900,531 shsAverage Volume271,396 shsMarket Capitalization$216.47 millionP/E RatioN/ADividend YieldN/APrice Target$29.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Adverum Biotechnologies alerts: Email Address Adverum Biotechnologies MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside178.0% Upside$29.00 Price TargetShort InterestBearish7.54% of Float Sold ShortDividend StrengthN/ASustainability-0.78Upright™ Environmental ScoreNews Sentiment0.45Based on 16 Articles This WeekInsider TradingAcquiring Shares$135,000 Bought Last QuarterProj. Earnings GrowthDecreasingFrom ($5.18) to ($5.54) 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.3.80 out of 5 starsMedical Sector1315th out of 5,430 stocksBiological Products, Except Diagnostic Industry148th out of 903 stocks 3.5 Analyst's Opinion Consensus RatingAdverum Biotechnologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageAdverum Biotechnologies has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.54% of the float of Adverum Biotechnologies has been sold short.Short Interest Ratio / Days to CoverAdverum Biotechnologies has a short interest ratio ("days to cover") of 4.1.Change versus previous monthShort interest in Adverum Biotechnologies has recently increased by 26.97%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldAdverum Biotechnologies does not currently pay a dividend.Dividend GrowthAdverum Biotechnologies does not have a long track record of dividend growth. Previous Next 4.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAdverum Biotechnologies has received a 77.25% net impact score from Upright. The largest positive contribution comes from its "Creating knowledge" impact, which is false driven by its "Clinical research services for physiological diseases ", "Preclinical research services for mental health", and "Preclinical research services for physical health" products. See details.Environmental SustainabilityThe Environmental Impact score for Adverum Biotechnologies is -0.78. Previous Next 2.5 News and Social Media Coverage News SentimentAdverum Biotechnologies has a news sentiment score of 0.45. 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 news sentiment score is similar to the average news sentiment of Medical companies.News Coverage This WeekMarketBeat has tracked 16 news articles for Adverum Biotechnologies this week, compared to 1 article on an average week.Search InterestOnly 3 people have searched for ADVM on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.MarketBeat Follows7 people have added Adverum Biotechnologies to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Adverum Biotechnologies insiders have bought more of their company's stock than they have sold. Specifically, they have bought $135,000.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 5.30% of the stock of Adverum Biotechnologies is held by insiders.Percentage Held by Institutions48.17% of the stock of Adverum Biotechnologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Adverum Biotechnologies are expected to decrease in the coming year, from ($5.18) to ($5.54) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Adverum Biotechnologies is -0.90, 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 Adverum Biotechnologies is -0.90, 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 RatioAdverum Biotechnologies has a P/B Ratio of 1.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyElon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.One company holds a near-total monopoly on it. About Adverum Biotechnologies Stock (NASDAQ:ADVM)Adverum Biotechnologies, Inc., a clinical-stage company, develops gene therapy product candidates to treat ocular diseases. Its lead product candidate is ixoberogene soroparvovec (ADVM-022), a single intravitreal injection gene therapy candidate used for the treatment of patients with wet age-related macular degeneration and diabetic macular edema which is in phase 2 clinical trials. The company is developing ADVM-062 (AAV.7m8-L-opsin), a novel gene therapy product candidate for the treatment of blue cone monochromacy via a single IVT injection. Adverum Biotechnologies, Inc. has license and collaboration agreements with University of California; GenSight Biologics; Lexeo Therapeutics; and Virovek, Inc. The company was formerly known as Avalanche Biotechnologies, Inc. and changed its name to Adverum Biotechnologies, Inc. in May 2016. Adverum Biotechnologies, Inc. was incorporated in 2006 and is headquartered in Redwood City, California.Read More ADVM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ADVM Stock News HeadlinesMay 3, 2024 | globenewswire.comAdverum Biotechnologies to Participate in Upcoming May Investor ConferencesMay 3, 2024 | americanbankingnews.comEquities Analysts Set Expectations for Adverum Biotechnologies, Inc.'s Q1 2024 Earnings (NASDAQ:ADVM)May 4, 2024 | Altimetry (Ad)Urgent Nvidia WarningCould Steve Job's 'Final Prophecy' Make You Rich? Just before he died, Steve Jobs issued a "Final Prophecy" that's now coming true... and making some people rich. In one recent 90-day stretch, 50 companies related to Jobs' "Final Prophecy" soared by 100% or more. What was Steve Jobs' last big prediction, and how can you get in on it? Professor Joel Litman explains everything... including the surprising group of stocks moving higher, and his No. 1 favorite stock in this space.May 3, 2024 | americanbankingnews.comBrokerages Set Adverum Biotechnologies, Inc. (NASDAQ:ADVM) PT at $29.00May 2, 2024 | americanbankingnews.comAdverum Biotechnologies (NASDAQ:ADVM) Downgraded by StockNews.com to "Sell"May 1, 2024 | americanbankingnews.comAdverum Biotechnologies (NASDAQ:ADVM) Coverage Initiated by Analysts at HC WainwrightApril 30, 2024 | americanbankingnews.comAdverum Biotechnologies (NASDAQ:ADVM) Given New $22.00 Price Target at MizuhoApril 28, 2024 | americanbankingnews.comAdverum Biotechnologies, Inc. (NASDAQ:ADVM) Sees Large Increase in Short InterestMay 4, 2024 | Altimetry (Ad)Urgent Nvidia WarningCould Steve Job's 'Final Prophecy' Make You Rich? Just before he died, Steve Jobs issued a "Final Prophecy" that's now coming true... and making some people rich. In one recent 90-day stretch, 50 companies related to Jobs' "Final Prophecy" soared by 100% or more. What was Steve Jobs' last big prediction, and how can you get in on it? Professor Joel Litman explains everything... including the surprising group of stocks moving higher, and his No. 1 favorite stock in this space.April 25, 2024 | globenewswire.comAdverum Biotechnologies to Present LUNA 26-week Phase 2 Interim Analysis at the ASRS Annual Scientific MeetingApril 18, 2024 | money.usnews.comAdverum Biotechnologies IncMarch 28, 2024 | markets.businessinsider.comAnalysts Are Neutral on These Healthcare Stocks: SAGE Therapeutics (SAGE), Adverum Biotechnologies (ADVM)March 21, 2024 | markets.businessinsider.comPositive Outlook for Adverum Biotechnologies with Upcoming Ixo-vec Milestones and Strong Financial PositionMarch 20, 2024 | finance.yahoo.comAdverum Biotechnologies Reports Encouraging Clinical Progress Amidst Financial AdjustmentsMarch 19, 2024 | finance.yahoo.comIs Adverum Biotechnologies (ADVM) Stock Outpacing Its Medical Peers This Year?March 19, 2024 | markets.businessinsider.comAdverum Biotechnologies (ADVM) Receives a Buy from TD CowenMarch 18, 2024 | investorplace.comADVM Stock Earnings: Adverum Biotechnologies Beats EPS for Q4 2023March 18, 2024 | globenewswire.comAdverum Biotechnologies Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Pipeline Highlights and Corporate UpdatesMarch 17, 2024 | seekingalpha.comADVM Adverum Biotechnologies, Inc.March 6, 2024 | finance.yahoo.comADVM Apr 2024 5.000 callMarch 6, 2024 | investorplace.comTurn Pocket Change into Profit: 3 Penny Stocks Ready to PopFebruary 28, 2024 | globenewswire.comAdverum Biotechnologies to Participate in the TD Cowen 44th Annual Health Care ConferenceFebruary 27, 2024 | investorplace.comStocks on the Launchpad: The Next 3 Market SensationsFebruary 25, 2024 | msn.comAdverum Biotechnologies (ADVM) Price Target Increased by 10.53% to 4.28February 22, 2024 | benzinga.comAdverum Biotechnologies Stock (NASDAQ:ADVM), Short Interest ReportFebruary 22, 2024 | investorplace.comUnleash Massive Returns With These 3 Top Penny StocksFebruary 15, 2024 | finance.yahoo.comADVM Feb 2024 4.000 callSee More Headlines Receive ADVM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Adverum Biotechnologies and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/18/2024Today5/03/2024Next Earnings (Estimated)5/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Biological products, except diagnostic Sub-IndustryN/A Current SymbolNASDAQ:ADVM CUSIPN/A CIK1501756 Webwww.adverum.com Phone(650) 656-9323Fax650-329-8151Employees121Year FoundedN/APrice Target and Rating Average Stock Price Target$29.00 High Stock Price Target$60.00 Low Stock Price Target$4.00 Potential Upside/Downside+178.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($11.60) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-117,170,000.00 Net MarginsN/A Pretax Margin-3,284.53% Return on Equity-98.65% Return on Assets-52.85% Debt Debt-to-Equity RatioN/A Current Ratio4.13 Quick Ratio4.13 Sales & Book Value Annual Sales$3.60 million Price / Sales60.13 Cash FlowN/A Price / Cash FlowN/A Book Value$8.26 per share Price / Book1.26Miscellaneous Outstanding Shares20,755,000Free Float19,655,000Market Cap$216.47 million OptionableOptionable Beta0.89 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesDr. Laurent Fischer (Age 60)President, CEO & Director Comp: $1.02MMs. Linda M. Rubinstein M.A. (Age 57)CFO, Principal Financial Officer & Principal Accounting Officer Comp: $940.99kMr. Kishor Peter Soparkar J.D. (Age 52)Chief Operating Officer Comp: $674.98kDr. Setareh Seyedkazemi Pharm.D. (Age 49)Chief Development Officer Comp: $656.84kDr. R. Andrew Ramelmeier Ph.D. (Age 62)Chief Technology Officer Dr. Romuald Corbau Ph.D. (Age 55)Chief Scientific Officer Mr. John W. Rakow J.D. (Age 67)Senior VP & General Counsel Comp: $954.24kMs. Dena HouseChief People OfficerMs. Carla FiankanSenior Vice President of Regulatory AffairsMr. Michael SteelSenior Vice President of QualityMore ExecutivesKey CompetitorsOptheaNASDAQ:OPTCompass TherapeuticsNASDAQ:CMPXCandel TherapeuticsNASDAQ:CADLCardiff OncologyNASDAQ:CRDFAcumen PharmaceuticalsNASDAQ:ABOSView All CompetitorsInsiders & InstitutionsVersant Venture Management LLCSold 4,561,411 shares on 5/3/2024Ownership: 2.442%Assenagon Asset Management S.A.Bought 358,719 shares on 4/24/2024Ownership: 1.729%BML Capital Management LLCSold 3,721,135 shares on 4/23/2024Ownership: 4.014%Vivo Capital LLCBought 1,500,000 shares on 4/22/2024Ownership: 7.229%Twin Focus Capital Partners LLCBought 100,000 shares on 3/5/2024Ownership: 0.099%View All Insider TransactionsView All Institutional Transactions ADVM Stock Analysis - Frequently Asked Questions Should I buy or sell Adverum Biotechnologies stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Adverum Biotechnologies in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ADVM shares. View ADVM analyst ratings or view top-rated stocks. What is Adverum Biotechnologies' stock price target for 2024? 4 analysts have issued 12 month price targets for Adverum Biotechnologies' stock. Their ADVM share price targets range from $4.00 to $60.00. On average, they expect the company's stock price to reach $29.00 in the next year. This suggests a possible upside of 178.0% from the stock's current price. View analysts price targets for ADVM or view top-rated stocks among Wall Street analysts. How have ADVM shares performed in 2024? Adverum Biotechnologies' stock was trading at $7.5280 on January 1st, 2024. Since then, ADVM shares have increased by 38.5% and is now trading at $10.43. View the best growth stocks for 2024 here. Are investors shorting Adverum Biotechnologies? Adverum Biotechnologies saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 1,130,000 shares, an increase of 27.0% from the March 31st total of 890,000 shares. Based on an average daily volume of 276,500 shares, the days-to-cover ratio is currently 4.1 days. Approximately 7.5% of the shares of the company are short sold. View Adverum Biotechnologies' Short Interest. When is Adverum Biotechnologies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our ADVM earnings forecast. How were Adverum Biotechnologies' earnings last quarter? Adverum Biotechnologies, Inc. (NASDAQ:ADVM) posted its quarterly earnings data on Monday, March, 18th. The biotechnology company reported ($2.30) EPS for the quarter, beating the consensus estimate of ($2.80) by $0.50. When did Adverum Biotechnologies' stock split? Adverum Biotechnologies shares reverse split on the morning of Thursday, March 21st 2024. The 1-10 reverse split was announced on Thursday, March 21st 2024. The number of shares owned by shareholders was adjusted after the market closes on Thursday, March 21st 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split. What is Laurent Fischer, M.D.'s approval rating as Adverum Biotechnologies' CEO? 3 employees have rated Adverum Biotechnologies Chief Executive Officer Laurent Fischer, M.D. on Glassdoor.com. Laurent Fischer, M.D. has an approval rating of 72% among the company's employees. What other stocks do shareholders of Adverum Biotechnologies own? Based on aggregate information from My MarketBeat watchlists, some companies that other Adverum Biotechnologies investors own include CTI BioPharma (CTIC), California Resources (CRC), Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Amarin (AMRN), Endologix (ELGX), Immunomedics (IMMU), Advanced Micro Devices (AMD), Aurinia Pharmaceuticals (AUPH) and Genocea Biosciences (GNCA). Who are Adverum Biotechnologies' major shareholders? Adverum Biotechnologies' stock is owned by a variety of retail and institutional investors. Top institutional investors include Vivo Capital LLC (7.23%), BML Capital Management LLC (4.01%), Versant Venture Management LLC (2.44%), Assenagon Asset Management S.A. (1.73%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Brigit Riley, Dawn Svoronos, James Paul Scopa, Julie Clark, Laurent Fischer, Peter Soparkar, Richard Beckman, Rupert D'souza and Setareh Seyedkazemi. View institutional ownership trends. How do I buy shares of Adverum Biotechnologies? Shares of ADVM 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:ADVM) was last updated on 5/4/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldElon to Transform U.S. Economy? Porter & CompanyGlobal crypto currency reset (41 major banks signed up)Stansberry ResearchAutomatic Income (from home)Awesomely, LLCFW: 234x GainWeiss RatingsCould Your Accounts Be Frozen?Allegiance GoldThe Gold Grab of the CenturyColonial MetalsStock-Picking AI Predicts #1 Stock of 2024Altimetry 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 Adverum Biotechnologies, Inc. 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