Neumora TherapeuticsNMRA
Market Cap: $1.83B
About: Neumora Therapeutics Inc is a clinical-stage biopharmaceutical company founded to confront the global brain disease crisis by taking a fundamentally different approach to the way treatments for brain diseases are developed. It has rapidly scaled its therapeutic pipeline, which currently consists of seven clinical and preclinical neuroscience programs that target novel mechanisms of action for a broad range of underserved neuropsychiatric disorders and neurodegenerative diseases. The company expects to continue to progress in the development of its pipeline with the planned initiation of multiple clinical trials across its programs over the next 12 to 18 months, which supports numerous anticipated data readouts.
Employees: 108
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
258% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 12
127% more call options, than puts
Call options by funds: $1.81M | Put options by funds: $797K
39% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 18
25% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 5 (+1) [Q2]
8% more funds holding
Funds holding: 86 [Q1] → 93 (+7) [Q2]
7.13% more ownership
Funds ownership: 33.08% [Q1] → 40.21% (+7.13%) [Q2]
13% less capital invested
Capital invested by funds: $724M [Q1] → $630M (-$93M) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
RBC Capital Brian Abrahams 56% 1-year accuracy 40 / 72 met price target | 154%upside $29 | Outperform Reiterated | 4 Sept 2024 |
Needham Ami Fadia 52% 1-year accuracy 68 / 130 met price target | 102%upside $23 | Buy Reiterated | 7 Aug 2024 |
Needham Ami Fadia 52% 1-year accuracy 68 / 130 met price target | 102%upside $23 | Buy Initiated | 22 Jul 2024 |
Mizuho Graig Suvannavejh 52% 1-year accuracy 15 / 29 met price target | 75%upside $20 | Outperform Initiated | 8 Jul 2024 |