Overview
Biotechnology firm's Q4 revenue beat analyst expectations
Net income and income from operations missed analyst estimates
Company advancing RNA medicines pipeline with multiple clinical trials in 2026
Outlook
Wave plans to initiate Phase 2a trial for WVE-007 in 1H 2026
Company expects regulatory feedback on WVE-006 approval pathway mid-2026
Wave aims to file CTA for WVE-008 for liver disease in 2026
Result Drivers
OBESITY TREATMENT - WVE-007 showed promising interim results in fat loss comparable to GLP-1, with muscle preservation, supporting its potential as a transformative obesity treatment
AATD ADVANCEMENTS - WVE-006 achieved key treatment goals for AATD, with dynamic AAT production and favorable safety, advancing towards potential accelerated approval
LIVER DISEASE FOCUS - WVE-008 is advancing for PNPLA3 I148M liver disease, with preparations for a clinical trial application in 2026
Company press release: ID:nGNX33SHp7
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $17.24 mln | $16.30 mln (16 Analysts) |
Q4 EPS | -$0.30 | ||
Q4 Net Income | Miss | -$53.18 mln | -$45.92 mln (15 Analysts) |
Q4 Income from Operations | Miss | -$56.47 mln | -$48.53 mln (15 Analysts) |
Q4 Pretax Profit | Miss | -$53.18 mln | -$45.67 mln (14 Analysts) |
Q4 Operating Expenses | $73.71 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "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 WAVE Life Sciences Ltd is $32.50, about 123.5% above its February 25 closing price of $14.54
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(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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