Schrödinger (SDGR) Stock Price, News & Analysis

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Schrödinger in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SDGR shares.
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9 analysts have issued 1 year price objectives for Schrödinger's shares. Their SDGR share price targets range from $26.00 to $67.00. On average, they predict the company's stock price to reach $43.50 in the next twelve months. This suggests a possible upside of 73.7% from the stock's current price.
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Schrödinger's stock was trading at $35.80 at the start of the year. Since then, SDGR shares have decreased by 30.1% and is now trading at $25.04.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
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Schrödinger will be holding an earnings conference call on Wednesday, May 1st at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Schrödinger, Inc. (NASDAQ:SDGR) released its quarterly earnings data on Wednesday, February, 28th. The company reported ($0.32) EPS for the quarter, beating the consensus estimate of ($0.44) by $0.12. The firm had revenue of $74.10 million for the quarter, compared to analyst estimates of $79.12 million. Schrödinger had a net margin of 18.79% and a negative trailing twelve-month return on equity of 23.58%. The firm's revenue was up 30.5% on a year-over-year basis. During the same period in the previous year, the business earned ($0.39) earnings per share.

ETFs with the largest weight of Schrödinger (NASDAQ:SDGR) stock in their portfolio include Northern Lights Fund Trust IV - Long Cramer Tracker ETF (LJIM), ARK Genomic Revolution ETF (ARKG), Subversive Mental Health ETF (SANE), TrueShares Technology, AI & Deep Learning ETF (LRNZ), Franklin Genomic Advancements ETF (HELX), Invesco S&P SmallCap Health Care ETF (PSCH), Range Cancer Therapeutics ETF (CNCR) and WisdomTree BioRevolution Fund (WDNA).

Schrödinger issued an update on its FY 2024 earnings guidance on Wednesday, February, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $198.7 million-$214.8 million, compared to the consensus revenue estimate of $275.8 million.

8 employees have rated Schrödinger Chief Executive Officer Ramy Farid on Glassdoor.com. Ramy Farid has an approval rating of 95% among the company's employees. This puts Ramy Farid in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Schrödinger investors own include NVIDIA (NVDA), Marvell Technology (MRVL), Tesla (TSLA), Advanced Micro Devices (AMD), Alibaba Group (BABA), Block (SQ), Cisco Systems (CSCO), Teladoc Health (TDOC), Alteryx (AYX) and QUALCOMM (QCOM).

Schrödinger (SDGR) raised $150 million in an initial public offering (IPO) on Thursday, February 6th 2020. The company issued 10,000,000 shares at a price of $14.00-$16.00 per share. Morgan Stanley, BofA Securities, Jefferies and BMO Capital Markets served as the underwriters for the IPO.

Schrödinger's stock is owned by a variety of institutional and retail investors. Top institutional investors include TrueMark Investments LLC (0.06%), Los Angeles Capital Management LLC (0.02%) and GAMMA Investing LLC (0.00%). Insiders that own company stock include David E Shaw, Jenny Herman, Joel Lebowitz, Karen Akinsanya, Kenneth Patrick Lorton, Nancy Thornberry, Ramy Farid, Robert Lorne Abel, Rosana Kapeller-Libermann and Yvonne Tran.
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Shares of SDGR 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.
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