Overview
Aura Biosciences reports Q3 net loss of $26.1 mln, up from $21.0 mln last year
R&D expenses rise to $22.2 mln due to ongoing clinical trials
Outlook
Aura expects Phase 3 CoMpass trial enrollment completion in 2026
Topline data for CoMpass trial expected in Q4 2027
Phase 1b/2 trial data for NMIBC expected mid-2026
Result Drivers
ENROLLMENT CHALLENGES - CoMpass trial enrollment faced delays due to requirement for active tumor growth and operational challenges, now improved
R&D EXPENSES - Increased due to ongoing clinical trials and personnel growth
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Net Income | -$26.13 mln | ||
Q3 Operating Expenses | $27.91 mln | ||
Q3 Operating Income | -$27.91 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "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 Aura Biosciences Inc is $21.00, about 73.5% above its November 12 closing price of $5.57
Press Release: ID:nGNX2Ws1Nw
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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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