Acumen Pharmaceuticals (ABOS) Stock Price, News & Analysis

$3.49
+0.01 (+0.29%)
(As of 05/3/2024 08:51 PM ET)
Today's Range
$3.48
$3.71
50-Day Range
$3.13
$4.64
52-Week Range
$1.81
$11.31
Volume
247,700 shs
Average Volume
362,880 shs
Market Capitalization
$209.68 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
251.0% Upside
$12.25 Price Target
Short Interest
Healthy
2.40% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
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.

3.29 out of 5 stars

Medical Sector

300th out of 904 stocks

Biological Products, Except Diagnostic Industry

39th out of 153 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

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2023 was the year of AI. You almost couldn't fail if you were investing with AI in mind. But winning in 2024 will require you to find the next big narrative. And there's one algorithm best suited to finding the next big trend.
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
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Company Calendar

Last Earnings
3/26/2024
Today
5/06/2024
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
+251.0%
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
$209.68 million
Optionable
Optionable
Beta
0.19
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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 analysts have issued 1-year target prices for Acumen Pharmaceuticals' stock. Their ABOS share price targets range from $8.00 to $15.00. On average, they anticipate the company's share price to reach $12.25 in the next twelve months. This suggests a possible upside of 251.0% 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 at the start of the year. Since then, ABOS shares have decreased by 9.1% and is now trading at $3.49.
View the best growth stocks for 2024 here
.

Are investors shorting Acumen Pharmaceuticals?

Acumen Pharmaceuticals saw a decrease in short interest during the month of April. As of April 15th, there was short interest totaling 1,050,000 shares, a decrease of 15.3% from the March 31st total of 1,240,000 shares. Based on an average trading volume of 341,300 shares, the days-to-cover ratio is currently 3.1 days. Approximately 2.4% of the shares of the 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) announced its quarterly earnings results on Tuesday, March, 26th. The company reported ($0.29) EPS for the quarter, hitting analysts' consensus estimates 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.

Who are Acumen Pharmaceuticals' major shareholders?

Acumen Pharmaceuticals' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Daniel Joseph Oconnell, Derek M Meisner, Jeffrey L Ives, John A Stalfort III, Marc Benioff, Matt Zuga, Nathan B Fountain, Paul B Manning, Ra Capital Management, LP, Russell Barton and Sands Capital Global Venture F.
View institutional ownership trends
.

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 5/6/2024 by MarketBeat.com Staff

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