Top-Rated StocksTop-RatedNASDAQ:NUVL Nuvalent (NUVL) Stock Price, News & Analysis → Elon’s New A.I. Device is About to Shock the World (From InvestorPlace) (Ad) Free NUVL Stock Alerts $68.88 +0.93 (+1.37%) (As of 04/30/2024 ET) Add Compare Share Share Today's Range$67.25▼$69.6450-Day Range$62.76▼$88.9952-Week Range$35.29▼$89.39Volume477,196 shsAverage Volume441,683 shsMarket Capitalization$4.41 billionP/E RatioN/ADividend YieldN/APrice Target$90.78 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Nuvalent alerts: Email Address Nuvalent MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.90 Rating ScoreUpside/Downside31.8% Upside$90.78 Price TargetShort InterestBearish20.97% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.70Based on 5 Articles This WeekInsider TradingSelling Shares$80.64 M Sold Last QuarterProj. Earnings GrowthDecreasingFrom ($2.89) to ($3.37) 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.2.73 out of 5 starsMedical Sector420th out of 918 stocksPharmaceutical Preparations Industry186th out of 426 stocks 4.5 Analyst's Opinion Consensus RatingNuvalent has received a consensus rating of Moderate Buy. The company's average rating score is 2.90, and is based on 9 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageNuvalent has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 0.0 Short Interest Percentage of Shares Shorted20.97% of the float of Nuvalent has been sold short.Short Interest Ratio / Days to CoverNuvalent has a short interest ratio ("days to cover") of 14.5, which indicates bearish sentiment.Change versus previous monthShort interest in Nuvalent has recently increased by 6.04%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldNuvalent does not currently pay a dividend.Dividend GrowthNuvalent 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 NUVL. Previous Next 3.2 News and Social Media Coverage News SentimentNuvalent has a news sentiment score of 0.70. 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 0.34 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Nuvalent this week, compared to 3 articles on an average week.Search Interest3 people have searched for NUVL on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Nuvalent insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $80,638,250.00 in company stock.Percentage Held by Insiders14.77% of the stock of Nuvalent is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions97.26% of the stock of Nuvalent 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 Nuvalent are expected to decrease in the coming year, from ($2.89) to ($3.37) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nuvalent is -31.89, 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 Nuvalent is -31.89, 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 RatioNuvalent has a P/B Ratio of 6.30. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceElon’s New A.I. Device is About to Shock the WorldUsing this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.” Click here to see the details because there’s a lot of money at stake. About Nuvalent Stock (NASDAQ:NUVL)Nuvalent, Inc., a clinical stage biopharmaceutical company, engages in the development of therapies for patients with cancer. Its lead product candidates are NVL-520, a novel ROS1-selective inhibitor to address the clinical challenges of emergent treatment resistance, central nervous system (CNS)-related adverse events, and brain metastases that may limit the use of ROS1 tyrosine kinase inhibitors (TKIs) for patients with ROS proto-oncogene 1 (ROS1)-positive non-small cell lung cancer (NSCLC) which is under the phase 2 portion of the ARROS-1 Phase 1/2 clinical trial; NVL-655, a brain-penetrant ALK-selective inhibitor, to address the clinical challenges of emergent treatment resistance, CNS-related adverse events, and brain metastases that might limit the use of first-, second-, and third-generation ALK inhibitors that is under the phase 2 portion of the ALKOVE-1 Phase 1/2 clinical trial; and NVL-330, a brain-penetrant human epidermal growth factor receptor 2 (HER2)-selective inhibitor designed to treat tumors driven by HER2ex20, brain metastases, and avoiding treatment-limiting adverse events including due to off-target inhibition of wild-type EGFR, which is expected to initiate phase 1 trial. The company was incorporated in 2017 and is headquartered in Cambridge, Massachusetts.Read More NUVL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NUVL Stock News HeadlinesApril 25, 2024 | insidertrades.comNuvalent, Inc. (NASDAQ:NUVL) Director Matthew Shair Sells 37,500 SharesApril 25, 2024 | insidertrades.comNuvalent, Inc. (NASDAQ:NUVL) Director Sells $2,386,875.00 in StockApril 30, 2024 | InvestorPlace (Ad)Elon’s New A.I. Device is About to Shock the WorldUsing this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.” April 11, 2024 | insidertrades.comNuvalent, Inc. (NASDAQ:NUVL) Director Sells $2,566,500.00 in StockApril 7, 2024 | insidertrades.comDeborah Ann Miller Sells 3,000 Shares of Nuvalent, Inc. (NASDAQ:NUVL) StockMarch 30, 2024 | insidertrades.comInsider Selling: Nuvalent, Inc. (NASDAQ:NUVL) Insider Sells 22,000 Shares of StockApril 26, 2024 | americanbankingnews.comContrasting Merck KGaA (OTCMKTS:MKGAF) & Nuvalent (NASDAQ:NUVL)April 18, 2024 | investing.comNuvalent director Shair sells over $2.4 million in company stockApril 30, 2024 | InvestorPlace (Ad)Elon’s New A.I. Device is About to Shock the WorldUsing this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.” April 18, 2024 | msn.comJefferies Initiates Coverage of Nuvalent (NUVL) with Buy RecommendationApril 18, 2024 | msn.comJefferies starts Nuvalent at buy, cites lung cancer drug candidatesApril 17, 2024 | msn.comNuvalent (NUVL) Price Target Increased by 6.08% to 104.19April 8, 2024 | finance.yahoo.comNuvalent Presents New Preclinical Data Supporting Profiles of HER2-Selective Inhibitor, NVL-330, and ROS1-Selective Inhibitor, Zidesamtinib, at AACR Annual Meeting 2024April 7, 2024 | investing.comNuvalent's chief legal officer sells shares worth over $220kApril 5, 2024 | finance.yahoo.comChief Legal Officer Deborah Miller Sells 3,000 Shares of Nuvalent Inc (NUVL)March 25, 2024 | finance.yahoo.comChief Development Officer Darlene Noci Sells 20,000 Shares of Nuvalent Inc (NUVL)March 22, 2024 | finance.yahoo.comCompanies Like Nuvalent (NASDAQ:NUVL) Can Afford To Invest In GrowthMarch 19, 2024 | finance.yahoo.comDirector Emily Conley Sells 13,333 Shares of Nuvalent Inc (NUVL)March 16, 2024 | finance.yahoo.comNUVL Apr 2024 100.000 callMarch 5, 2024 | prnewswire.comNuvalent to Present New Preclinical Data on HER2-Selective Inhibitor, NVL-330, and ROS1-Selective Inhibitor, zidesamtinib, at AACR Annual Meeting 2024February 29, 2024 | finance.yahoo.comNuvalent Inc (NUVL) Reports Full Year and Q4 2023 Financial Results with Strong Cash Position ...February 27, 2024 | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: Nuvalent (NUVL) and Arcutis Biotherapeutics (ARQT)February 27, 2024 | benzinga.comRecap: Nuvalent Q4 EarningsFebruary 27, 2024 | finanznachrichten.deNuvalent, Inc.: Nuvalent Receives U.S. FDA Breakthrough Therapy Designation for NVL-520February 27, 2024 | markets.businessinsider.comNuvalent, Inc. Q4 Loss increases, misses estimatesFebruary 27, 2024 | msn.comNuvalent lung cancer candidate gets FDA breakthrough therapy statusFebruary 27, 2024 | finance.yahoo.comNuvalent Highlights Pipeline Progress, Reiterates Key Anticipated Milestones and Reports Fourth Quarter and Full Year 2023 Financial ResultsSee More Headlines Receive NUVL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Nuvalent and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/27/2024Today4/30/2024Next Earnings (Estimated)5/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:NUVL CUSIPN/A CIK1861560 Webwww.nuvalent.com Phone857-357-7000FaxN/AEmployees92Year FoundedN/APrice Target and Rating Average Stock Price Target$90.78 High Stock Price Target$110.00 Low Stock Price Target$42.00 Potential Upside/Downside+32.1%Consensus RatingModerate Buy Rating Score (0-4)2.90 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)($2.16) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-126,220,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-25.74% Return on Assets-24.50% Debt Debt-to-Equity RatioN/A Current Ratio22.83 Quick Ratio22.83 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$10.94 per share Price / Book6.28Miscellaneous Outstanding Shares64,070,000Free Float54,605,000Market Cap$4.40 billion OptionableOptionable Beta1.30 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesDr. James R. Porter Ph.D. (Age 48)CEO, President & Director Comp: $998.02kProf. Matthew D. Shair Ph.D. (Age 55)Founder, Head of Scientific Advisory Board & Director Comp: $235kMs. Alex Balcom CPA (Age 39)M.B.A., CFO & Treasurer Comp: $654.22kDr. Christopher D. Turner M.D. (Age 55)Chief Medical Officer Comp: $714.26kDr. Benjamin Lane Ph.D.Senior Vice President of Technical OperationsMs. Deborah Ann Miller J.D. (Age 48)Ph.D., Chief Legal Officer & Secretary Comp: $595.96kMr. Matthew MetivierSenior Vice President of Human ResourcesMs. Darlene Noci (Age 46)Chief Development Officer Mr. Henry Pelish Ph.D.Senior Vice President of Drug DiscoveryMr. John Soglia Ph.D.Senior Vice President of Translational DevelopmentMore ExecutivesKey CompetitorsMadrigal PharmaceuticalsNASDAQ:MDGLAlpine Immune SciencesNASDAQ:ALPNBridgeBio PharmaNASDAQ:BBIOPerrigoNYSE:PRGOAlkermesNASDAQ:ALKSView All CompetitorsInsiders & InstitutionsAllspring Global Investments Holdings LLCBought 189 shares on 4/30/2024Ownership: 0.003%China Universal Asset Management Co. Ltd.Bought 4,643 shares on 4/29/2024Ownership: 0.018%Matthew ShairSold 37,500 sharesTotal: $2.39 M ($63.65/share)Allspring Global Investments Holdings LLCBought 189 shares on 4/18/2024Ownership: 0.003%Matthew ShairSold 37,500 sharesTotal: $2.46 M ($65.56/share)View All Insider TransactionsView All Institutional Transactions NUVL Stock Analysis - Frequently Asked Questions Should I buy or sell Nuvalent stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nuvalent in the last twelve months. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NUVL shares. View NUVL analyst ratings or view top-rated stocks. What is Nuvalent's stock price target for 2024? 10 Wall Street analysts have issued 1-year price objectives for Nuvalent's stock. Their NUVL share price targets range from $42.00 to $110.00. On average, they expect the company's stock price to reach $90.78 in the next twelve months. This suggests a possible upside of 31.8% from the stock's current price. View analysts price targets for NUVL or view top-rated stocks among Wall Street analysts. How have NUVL shares performed in 2024? Nuvalent's stock was trading at $73.59 on January 1st, 2024. Since then, NUVL stock has decreased by 6.4% and is now trading at $68.88. View the best growth stocks for 2024 here. When is Nuvalent's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our NUVL earnings forecast. How were Nuvalent's earnings last quarter? Nuvalent, Inc. (NASDAQ:NUVL) posted its quarterly earnings results on Tuesday, February, 27th. The company reported ($0.62) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.60) by $0.02. What ETFs hold Nuvalent's stock? ETFs with the largest weight of Nuvalent (NASDAQ:NUVL) stock in their portfolio include Tema Oncology ETF (CANC), Invesco Dorsey Wright Healthcare Momentum ETF (PTH), Invesco DWA SmallCap Momentum ETF (DWAS), Harbor Corporate Culture Small Cap ETF (HAPS), Principal Healthcare Innovators ETF (BTEC), Renaissance IPO ETF (IPO), Invesco Nasdaq Biotechnology ETF (IBBQ) and First Trust Nasdaq Pharmaceuticals ETF (FTXH). When did Nuvalent IPO? Nuvalent (NUVL) raised $151 million in an initial public offering on Thursday, July 29th 2021. The company issued 8,900,000 shares at a price of $16.00-$18.00 per share. Who are Nuvalent's major shareholders? Nuvalent's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Renaissance Capital LLC (0.03%), China Universal Asset Management Co. Ltd. (0.02%), Allspring Global Investments Holdings LLC (0.00%) and Allspring Global Investments Holdings LLC (0.00%). Insiders that own company stock include Alexandra Balcom, Andrew A F Hack, Anna Protopapas, Christopher Durant Turner, Darlene Noci, Deborah Ann Miller and Matthew Shair. View institutional ownership trends. How do I buy shares of Nuvalent? Shares of NUVL 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:NUVL) was last updated on 4/30/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsProtect Your Bank Account Before It’s Too LateWeiss RatingsHe Is Giving Away BitcoinCrypto Swap ProfitsIs Tesla going out of business?DTIThe A.I. story nobody is telling you (Read ASAP)TradeSmithElon Musk Secret Crypto Plot ExposedCrypto 101 MediaREAD THIS – If You Missed Out On The AI BoomBanyan Hill PublishingBetter than Bitcoin? 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