Abeona Therapeutics (NASDAQ:ABEO – Get Free Report) will likely be issuing its Q2 2025 quarterly earnings data before the market opens on Monday, August 11th. Analysts expect the company to announce earnings of ($0.39) per share and revenue of $21.71 million for the quarter.
Abeona Therapeutics (NASDAQ:ABEO – Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The biopharmaceutical company reported ($0.24) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.35) by $0.11. On average, analysts expect Abeona Therapeutics to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
Abeona Therapeutics Price Performance
NASDAQ ABEO opened at $6.26 on Friday. The company has a quick ratio of 4.90, a current ratio of 4.90 and a debt-to-equity ratio of 0.27. Abeona Therapeutics has a 12-month low of $3.93 and a 12-month high of $7.32. The company has a market capitalization of $320.26 million, a PE ratio of -4.93 and a beta of 1.55. The firm’s 50 day moving average is $6.21 and its 200-day moving average is $5.69.
Insiders Place Their Bets
Institutional Investors Weigh In On Abeona Therapeutics
Several hedge funds have recently added to or reduced their stakes in the business. Creative Planning lifted its holdings in Abeona Therapeutics by 43.0% during the 2nd quarter. Creative Planning now owns 14,310 shares of the biopharmaceutical company’s stock valued at $81,000 after purchasing an additional 4,305 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Abeona Therapeutics by 49.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 200,450 shares of the biopharmaceutical company’s stock valued at $954,000 after purchasing an additional 66,422 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Abeona Therapeutics by 129.1% during the 2nd quarter. Geode Capital Management LLC now owns 1,105,862 shares of the biopharmaceutical company’s stock valued at $6,282,000 after purchasing an additional 623,243 shares during the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.
Wall Street Analyst Weigh In
ABEO has been the topic of a number of recent research reports. Wall Street Zen downgraded shares of Abeona Therapeutics from a “hold” rating to a “sell” rating in a report on Thursday, May 15th. Alliance Global Partners reiterated a “buy” rating on shares of Abeona Therapeutics in a report on Thursday, May 15th. Oppenheimer began coverage on shares of Abeona Therapeutics in a research note on Monday, June 2nd. They issued an “outperform” rating and a $19.00 target price for the company. Stifel Nicolaus decreased their target price on shares of Abeona Therapeutics from $21.00 to $20.00 and set a “buy” rating for the company in a research note on Friday, May 16th. Finally, HC Wainwright reissued a “buy” rating and issued a $20.00 target price on shares of Abeona Therapeutics in a research note on Monday, July 14th. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. According to MarketBeat.com, Abeona Therapeutics presently has a consensus rating of “Moderate Buy” and an average target price of $19.25.
Check Out Our Latest Research Report on ABEO
About Abeona Therapeutics
Abeona Therapeutics Inc, a clinical-stage biopharmaceutical company, focuses on developing and delivering gene therapy products for severe and life-threatening rare diseases. The company's lead programs are EB-101 (gene-corrected skin grafts) for recessive dystrophic epidermolysis bullosa (RDEB); ABO-102, which are AAV based gene therapies for Sanfilippo syndrome type A; and ABO-101, an adeno-associated virus (AAV) based gene therapies for Sanfilippo syndrome type B.
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