Overview
Acrivon Q3 net loss narrows to $18.2 mln from $22.4 mln last year
Research and development expenses fell due to fewer milestones and focus on endometrial cancer
Company has $134.4 mln in cash, funding operations into Q2 2027
Outlook
Company expects cash to fund operations into Q2 2027
Result Drivers
Research and development expenses were $13.6 million for the quarter ended September 30, 2025, compared to $18.9 million for the same period in 2024.
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Net Income | -$18.23 mln | ||
Q3 Basic EPS | -$0.47 | ||
Q3 Income From Operations | -$19.69 mln | ||
Q3 Operating Expenses | $19.69 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 1 "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 Acrivon Therapeutics Inc is $10.50, about 78.3% above its November 12 closing price of $2.28
Press Release: ID:nGNX76MHbB
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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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