Gene therapy developer Neurogene's Q3 net loss widens

Reuters11-14
Gene therapy developer Neurogene's Q3 net loss widens

Overview

  • Company maintains strong cash position, funding operations through Q1 2028

  • Net loss for Q3 2025 was $21.0 mln, slightly higher than Q3 2024

Outlook

  • Neurogene's cash position expected to fund operations through Q1 2028

Result Drivers

  • R&D expenses were $17.2 million for the three months September 30, 2025 compared to $16.3 million for the three months ended September 30, 2024.

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 EPS

-$0.99

Q3 Net Income

-$20.95 mln

Q3 Operating Expenses

$23.80 mln

Q3 Operating Income

-$23.80 mln

Analyst Coverage

  • The current average analyst rating on the shares is "strong 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 Neurogene Inc is $60.00, about 55.9% above its November 13 closing price of $26.49

Press Release: ID:nBw5Tryj8a

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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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