NASDAQ:OBIO

Orchestra BioMed (OBIO) Stock Price, News & Analysis

$4.39
-0.05 (-1.13%)
(As of 04/26/2024 08:53 PM ET)
Today's Range
$4.36
$4.59
50-Day Range
$4.39
$7.12
52-Week Range
$4.22
$20.19
Volume
24,200 shs
Average Volume
48,869 shs
Market Capitalization
$157.07 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$17.00

Orchestra BioMed MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
287.2% Upside
$17.00 Price Target
Short Interest
Bearish
3.75% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of Orchestra BioMed in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($1.66) to ($1.78) 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.

0.75 out of 5 stars

Medical Sector

838th out of 916 stocks

Surgical & Medical Instruments Industry

85th out of 93 stocks

OBIO stock logo

About Orchestra BioMed Stock (NASDAQ:OBIO)

Orchestra BioMed Holdings, Inc. operates as a biomedical innovation company. The company's flagship product candidates include BackBeat Cardiac Neuromodulation Therapy (CNT) for the treatment of hypertension (HTN); and Virtue Sirolimus AngioInfusion Balloon (SAB) for the treatment of atherosclerotic artery disease. Its products also comprise FreeHold devices and minimally invasive surgery devices. The company has a collaboration agreement with Medtronic, Inc. for the development and commercialization of BackBeat CNT for the treatment of HTN in patients indicated for a cardiac pacemaker; and a strategic collaboration with Terumo Medical Corporation for the development and commercialization of Virtue SAB for the treatment of coronary and peripheral artery disease. Orchestra BioMed Holdings, Inc. is based in New Hope, Pennsylvania.

OBIO Stock Price History

OBIO Stock News Headlines

Orchestra BioMed (OBIO) and The Competition Head to Head Survey
Contrasting Orchestra BioMed (OBIO) & Its Rivals
AI finds its first serious application
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Reviewing Orchestra BioMed (OBIO) & The Competition
Critical Review: Orchestra BioMed (OBIO) & Its Peers
AI finds its first serious application
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Orchestra BioMed Holdings Inc OBIO
Orchestra BioMed Holdings, Inc. (OBIO)
See More Headlines
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Company Calendar

Last Earnings
3/27/2024
Today
4/28/2024
Next Earnings (Estimated)
5/10/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
N/A
Current Symbol
NASDAQ:OBIO
Fax
N/A
Employees
56
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.00
High Stock Price Target
$20.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+287.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-49,120,000.00
Net Margins
-1,779.71%
Pretax Margin
-1,779.71%

Debt

Sales & Book Value

Annual Sales
$2.76 million
Book Value
$1.90 per share

Miscellaneous

Free Float
N/A
Market Cap
$157.07 million
Optionable
Not Optionable
Beta
0.15
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Key Executives

  • Mr. David P. Hochman (Age 49)
    Founder, Chairman of the Board of Directors & CEO
    Comp: $942k
  • Mr. Darren R. Sherman (Age 53)
    Founder, President, COO & Director
    Comp: $787k
  • Mr. Andrew Lawrence Taylor M.B.A. (Age 53)
    Chief Financial Officer
    Comp: $326.37k
  • Mr. William Reed Little (Age 52)
    Executive VP of Corporate Development & Strategy
  • Dr. Yuval Hay Mika D.Sc (Age 65)
    Ph.D., GM & CTO of Bioelectronic Therapies
  • Dr. George Papandreou Ph.D. (Age 59)
    GM & Senior VP of Focal Therapies
  • Dr. Hans-Peter Stoll M.D.
    Ph.D., Chief Clinical Officer
  • Dr. Avraham Matityahu Fischer M.D. (Age 68)
    Senior Vice President of Medical Affairs & Innovation
  • Mr. Bob Laughner
    Senior Vice President of Regulatory & Quality
  • Mr. Juan Lorenzo
    Senior Vice President of Product Development

OBIO Stock Analysis - Frequently Asked Questions

Should I buy or sell Orchestra BioMed stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Orchestra BioMed in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" OBIO shares.
View OBIO analyst ratings
or view top-rated stocks.

What is Orchestra BioMed's stock price target for 2024?

2 Wall Street research analysts have issued 12-month price objectives for Orchestra BioMed's stock. Their OBIO share price targets range from $14.00 to $20.00. On average, they predict the company's share price to reach $17.00 in the next twelve months. This suggests a possible upside of 287.2% from the stock's current price.
View analysts price targets for OBIO
or view top-rated stocks among Wall Street analysts.

How have OBIO shares performed in 2024?

Orchestra BioMed's stock was trading at $9.13 at the beginning of 2024. Since then, OBIO stock has decreased by 51.9% and is now trading at $4.39.
View the best growth stocks for 2024 here
.

When is Orchestra BioMed's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024.
View our OBIO earnings forecast
.

How were Orchestra BioMed's earnings last quarter?

Orchestra BioMed Holdings, Inc. (NASDAQ:OBIO) issued its earnings results on Wednesday, March, 27th. The company reported ($0.37) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.38) by $0.01. The company had revenue of $0.26 million for the quarter, compared to analysts' expectations of $1 million. Orchestra BioMed had a negative trailing twelve-month return on equity of 58.32% and a negative net margin of 1,779.71%.

How do I buy shares of Orchestra BioMed?

Shares of OBIO 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:OBIO) was last updated on 4/29/2024 by MarketBeat.com Staff

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