EWTX icon

Edgewise Therapeutics

15.29 USD
-0.13
0.84%
At close Jun 13, 4:00 PM EDT
After hours
15.26
-0.03
0.20%
1 day
-0.84%
5 days
-1.80%
1 month
2.69%
3 months
-39.52%
6 months
-44.64%
Year to date
-43.43%
1 year
-14.63%
5 years
-49.03%
10 years
-49.03%
 

About: Edgewise Therapeutics Inc is a clinical-stage biopharmaceutical company. It is focused on the discovery, development, and commercialization of treatments for severe, rare muscle disorders. It is developing orally bioavailable, small molecule therapies for musculoskeletal diseases. The company's product candidates are Sevasemten and EDG-7500. Sevasemten is an orally administered small molecule designed to address the root cause of dystrophinopathies including Duchenne muscular dystrophy (Duchenne) and Becker muscular dystrophy (Becker). The company is currently studying Sevasemten in Phase 2 trials, which are being held in the U.S. and Israel and in certain countries in Europe and Australasia.

Employees: 117

0
Funds holding %
of 7,296 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

88% more call options, than puts

Call options by funds: $61.6M | Put options by funds: $32.7M

11% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 61

11% more funds holding in top 10

Funds holding in top 10: 9 [Q4 2024] → 10 (+1) [Q1 2025]

6.04% more ownership

Funds ownership: 104.54% [Q4 2024] → 110.57% (+6.04%) [Q1 2025]

5% less funds holding

Funds holding: 199 [Q4 2024] → 190 (-9) [Q1 2025]

12% less capital invested

Capital invested by funds: $2.64B [Q4 2024] → $2.32B (-$322M) [Q1 2025]

15% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 39

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$14
8%
downside
Avg. target
$39
155%
upside
High target
$51
234%
upside

4 analyst ratings

positive
75%
neutral
25%
negative
0%
RBC Capital
Leonid Timashev
214%upside
$48
Outperform
Reiterated
5 Jun 2025
Wedbush
Laura Chico
181%upside
$43
Outperform
Maintained
21 Apr 2025
Scotiabank
Louise Chen
8%downside
$14
Sector Perform
Downgraded
3 Apr 2025
Piper Sandler
Yasmeen Rahimi
234%upside
$51
Overweight
Maintained
2 Apr 2025

Financial journalist opinion

Neutral
PRNewsWire
1 week ago
Edgewise Therapeutics to Present at the Annual Goldman Sachs Global Healthcare Conference
BOULDER, Colo. , June 3, 2025 /PRNewswire/ -- Edgewise Therapeutics, Inc., (Nasdaq: EWTX), a leading muscle disease biopharmaceutical company, today announced that management will present at the Annual Goldman Sachs Global Healthcare Conference on Monday, June 9, 2025 at 3:20 pm ET.
Edgewise Therapeutics to Present at the Annual Goldman Sachs Global Healthcare Conference
Positive
Zacks Investment Research
3 weeks ago
All You Need to Know About Edgewise Therapeutics (EWTX) Rating Upgrade to Buy
Edgewise Therapeutics (EWTX) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
All You Need to Know About Edgewise Therapeutics (EWTX) Rating Upgrade to Buy
Positive
Zacks Investment Research
1 month ago
Does Edgewise Therapeutics (EWTX) Have the Potential to Rally 174.68% as Wall Street Analysts Expect?
The mean of analysts' price targets for Edgewise Therapeutics (EWTX) points to a 174.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Does Edgewise Therapeutics (EWTX) Have the Potential to Rally 174.68% as Wall Street Analysts Expect?
Neutral
PRNewsWire
1 month ago
Edgewise Therapeutics to Present at the RBC Capital Markets Global Healthcare Conference on May 20, 2025
BOULDER, Colo. , May 14, 2025 /PRNewswire/ -- Edgewise Therapeutics, Inc., (Nasdaq: EWTX), a leading muscle disease biopharmaceutical company, today announced that management will present at the RBC Capital Markets Global Healthcare Conference on Tuesday, May 20, 2025, at 9:00 am ET.
Edgewise Therapeutics to Present at the RBC Capital Markets Global Healthcare Conference on May 20, 2025
Neutral
PRNewsWire
1 month ago
Edgewise Therapeutics Reports First Quarter 2025 Financial Results and Recent Business Highlights
– Announced positive top-line results from Phase 2 CIRRUS-HCM trial of EDG-7500 in Hypertrophic Cardiomyopathy (HCM) – – Strengthened balance sheet with net proceeds of approximately $188 million from the April 2025 public offering; pro-forma cash balance exceeds $624 million – –  On track to report data from the Phase 2 LYNX and FOX trials of sevasemten in Duchenne muscular dystrophy (Duchenne) in the second quarter of 2025 – – Expect to report data from Part D of the Phase 2 CIRRUS-HCM trial in the second half of 2025 – BOULDER, Colo. , May 8, 2025 /PRNewswire/ -- Edgewise Therapeutics, Inc., (Nasdaq: EWTX), a leading muscle disease biopharmaceutical company, today reported financial results for the first quarter of 2025 and recent business highlights.
Edgewise Therapeutics Reports First Quarter 2025 Financial Results and Recent Business Highlights
Positive
The Motley Fool
1 month ago
Why Edgewise Therapeutics Stock Popped This Week
On Thursday, an analyst launched coverage of Edgewise Therapeutics (EWTX 1.56%) stock, and the market took notice in a good way. On the back of his bullish view of the company, according to data compiled by S&P Global Market Intelligence, its share price vaulted nearly 14% higher across the week.
Why Edgewise Therapeutics Stock Popped This Week
Positive
Benzinga
2 months ago
Top 3 Health Care Stocks That Could Lead To Your Biggest Gains In Q2
The most oversold stocks in the health care sector presents an opportunity to buy into undervalued companies.
Top 3 Health Care Stocks That Could Lead To Your Biggest Gains In Q2
Negative
24/7 Wall Street
2 months ago
These 5 Insiders Are Buying During Market Chaos
Market volatility has spiked since the beginning of April, due largely to uncertainty about inflation, interest rates, upcoming quarterly reports, and mostly the impact of tariffs and a global trade war on the U.S.
These 5 Insiders Are Buying During Market Chaos
Negative
Zacks Investment Research
2 months ago
EWTX Stock Down 48% in a Week Despite Upbeat Cardiomyopathy Study Data
Edgewise Therapeutics stock plunges 48% in a week following safety concerns for its investigational hypertrophic cardiomyopathy treatment candidate, EDG-7500.
EWTX Stock Down 48% in a Week Despite Upbeat Cardiomyopathy Study Data
Positive
Seeking Alpha
2 months ago
Edgewise Therapeutics: Despite AF Safety Issues, EDG-7500 Advancement Presses On
The global hypertrophic cardiomyopathy market is expected to reach $1.35 billion by 2031. Despite a temporary stock drop due to adverse events and a $200 million stock offering, the long-term outlook for Edgewise Therapeutics, Inc. remains positive with multiple catalysts rapidly approaching for EWTX stock. Key milestones include 12-week data from the CIRRUS-HCM study in 2H 2025 and a phase 3 study initiation in 1H 2026.
Edgewise Therapeutics: Despite AF Safety Issues, EDG-7500 Advancement Presses On
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