
Acurx Pharmaceuticals, Inc. (NASDAQ:ACXP – Free Report) – Research analysts at HC Wainwright boosted their FY2025 EPS estimates for shares of Acurx Pharmaceuticals in a research report issued on Wednesday, November 12th. HC Wainwright analyst M. Keller now expects that the company will earn ($5.72) per share for the year, up from their previous forecast of ($7.14). HC Wainwright has a “Buy” rating and a $31.00 price objective on the stock. The consensus estimate for Acurx Pharmaceuticals’ current full-year earnings is ($0.89) per share. HC Wainwright also issued estimates for Acurx Pharmaceuticals’ Q4 2025 earnings at ($1.01) EPS, FY2026 earnings at ($4.66) EPS and FY2027 earnings at ($4.15) EPS.
A number of other equities research analysts also recently weighed in on ACXP. Wall Street Zen downgraded Acurx Pharmaceuticals from a “hold” rating to a “sell” rating in a research report on Sunday, October 19th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Acurx Pharmaceuticals in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, Acurx Pharmaceuticals has an average rating of “Hold” and an average target price of $31.00.
Acurx Pharmaceuticals Stock Down 3.2%
Shares of NASDAQ:ACXP opened at $4.59 on Friday. The firm has a 50 day moving average of $5.28 and a 200 day moving average of $6.79. The company has a market capitalization of $9.59 million, a price-to-earnings ratio of -0.54 and a beta of -1.27. Acurx Pharmaceuticals has a 52 week low of $3.80 and a 52 week high of $35.80.
Acurx Pharmaceuticals (NASDAQ:ACXP – Get Free Report) last posted its quarterly earnings results on Wednesday, November 12th. The company reported ($1.23) EPS for the quarter, beating the consensus estimate of ($1.61) by $0.38.
Institutional Investors Weigh In On Acurx Pharmaceuticals
A hedge fund recently bought a new stake in Acurx Pharmaceuticals stock. O Brien Greene & Co. Inc bought a new position in Acurx Pharmaceuticals, Inc. (NASDAQ:ACXP – Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 60,000 shares of the company’s stock, valued at approximately $31,000. O Brien Greene & Co. Inc owned about 0.20% of Acurx Pharmaceuticals at the end of the most recent reporting period. 11.53% of the stock is currently owned by institutional investors and hedge funds.
Acurx Pharmaceuticals Company Profile
Acurx Pharmaceuticals, Inc, a clinical stage biopharmaceutical company, develops antibiotics to treat bacterial infections. The company's lead antibiotic candidate is ibezapolstat, a novel mechanism of action that targets the polymerase IIIC enzyme that is in Phase 2b clinical trial to treat patients with clostridium difficile infections.
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