Overview
Disc Medicine Q3 net loss and EPS miss analyst expectations
Company submitted NDA for bitopertin, received priority review voucher
Disc Medicine's cash position extends runway into 2029 after public offering
Outlook
Disc Medicine expects potential US approval of bitopertin in late 2025 or early 2026
Result Drivers
R&D expenses were $50.3 million for the three months ended September 30, 2025, as compared to $24.7 million for the three months ended September 30, 2024
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Net Income | Miss | -$62.32 mln | -$52.10 mln (8 Analysts) |
Q3 Basic EPS | Miss | -$1.77 | -$1.51 (11 Analysts) |
Q3 Operating Income | Miss | -$67.70 mln | -$55.50 mln (8 Analysts) |
Q3 Operating Expenses | $67.70 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the biotechnology & medical research peer group is "buy"
Wall Street's median 12-month price target for Disc Medicine Inc is $115.00, about 23.2% above its November 5 closing price of $88.31
Press Release: ID:nGNX1dfLSD
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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