Dernières nouvelles pour Editas Medicine (NASDAQ:EDIT) Stock

EDITAS MEDICINE INC

Editas Medicine

Editas Medicine Inc is a clinical-stage genome editing company dedicated to developing potentially transformative genomic medicines to treat a broad range of serious diseases. The company focuses on developing a proprietary genome editing platform based on clustered, regularly interspaced short palindromic repeats (CRISPR)/ CRISPR-associated protein 9 (Cas9 technology). It has developed CRISPR/Cas9 technology which uses a protein-RNA (ribonucleic acid) complex composed of the Cas9 enzyme bound to a guide RNA molecule designed to recognize a DNA (deoxyribonucleic acid) sequence that requires repair. The company is engaged in developing and commercializing genome editing technology.

Editas Medicine Inc

Baird analyst Joel Beatty maintains Editas Medicine (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDIT#NASDAQ">EDIT</a>) with a Outperform and lowers the price target from $8 to $4.

News

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Analyst Ratings

EDIT

Baird Maintains Outperform on Editas Medicine, Lowers Price Target to $4

In vivo CRISPR Editing Results in Functional Upregulation of a Liver Target Protein and Meaningful Reduction of Disease-Associated Biomarker in Mice
CAMBRIDGE, Mass., May 13, 2025 (GLOBE NEWSWIRE) -- Editas Medicine, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDIT#NASDAQ">EDIT</a>), a pioneering gene editing company, today shared in vivo proof of concept data supporting the development of a potentially first-in-class treatment for an undisclosed liver target in a poster presentation at the 28th Annual Meeting of the American Society of Gene and Cell Therapy (ASGCT) in New Orleans. Editas scientists will present the data in a poster session on Wednesday, May 14, 2025, 5:30 p.m. – 7:00 p.m. CT (6:30 p.m. – 8:00 p.m. ET).
An in vivo editing strategy using lipid nanoparticles (LNPs) with CRISPR/Cas RNA cargo was employed for an undisclosed liver target gene. The strategy mimics a naturally occurring, protective variant, resulting in upregulation of the target gene. This resulted in meaningful reduction in the clinically relevant disease-specific biomarker in mice.

Editas Medicine Shares In Vivo Proof Of Concept Data Supporting Development Of Treatment For Undisclosed Liver Target In Poster Presentation At ASGCT Annual Meeting

Editas Medicine (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDIT#NASDAQ">EDIT</a>) reported quarterly losses of $(0.92) per share which missed the analyst consensus estimate of $(0.59) by 55.93 percent. This is a 21.05 percent decrease over losses of $(0.76) per share from the same period last year. The company reported quarterly sales of $4.66 million which beat the analyst consensus estimate of $706.00 thousand by 559.77 percent. This is a 310.40 percent increase over sales of $1.14 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Editas Medicine Q1 EPS $(0.92) Misses $(0.59) Estimate, Sales $4.66M Beat $706.00K Estimate

Biotech

General

Editas Medicine Announces U.S. Court Of Appeals Of Federal Circuit Remands CRISPR Patent Interference To Patent Trial And Appeal Board

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Earnings Scheduled For May 12, 2025

Events

Editas Medicine Announces Five Abstracts At 28th Annual Meeting Of American Society Of Gene And Cell Therapy

HC Wainwright &amp; Co. analyst Mitchell Kapoor initiates coverage on Editas Medicine (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDIT#NASDAQ">EDIT</a>) with a Buy rating and announces Price Target of $3.

Initiation

HC Wainwright & Co. Initiates Coverage On Editas Medicine with Buy Rating, Announces Price Target of $3

Management

Editas Medicine CFO Erick Lucera To Step Down To Pursue Another Opportunity; Amy Parison Appointed As CFO

Editas Medicine (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDIT#NASDAQ">EDIT</a>) reported quarterly losses of $(0.55) per share which missed the analyst consensus estimate of $(0.38) by 44.74 percent. This is a 139.13 percent decrease over losses of $(0.23) per share from the same period last year. The company reported quarterly sales of $30.604 million which missed the analyst consensus estimate of $32.230 million by 5.04 percent. This is a 49.04 percent decrease over sales of $60.050 million the same period last year.

Editas Medicine Q4 2024 GAAP EPS $(0.55) Misses $(0.38) Estimate, Sales $30.604M Miss $32.230M Estimate

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Earnings Scheduled For March 5, 2025

Editas Medicine's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EDIT#NYSE">EDIT</a>) short percent of float has fallen 10.76% since its last report. The company recently reported that it has 17.09 million shares sold short, which is 26.22% of all regular shares that are available for trading. Based on its trading volume, it would take traders 8.12 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Editas Medicine Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1740508228_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Editas Medicine has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Editas Medicine's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Editas Medicine's peer group average for short interest as a percentage of float is 8.26%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Peering Into Editas Medicine's Recent Short Interest

<ul>
<li>Achieved in vivo preclinical proof of concept of editing hematopoietic stem cells in non-human primates as a key step toward developing a novel in vivo treatment for sickle cell disease and beta thalassemia</li>
<li>Achieved in vivo editing of liver cells in non-human primates and in vivo delivery to two additional cell types in humanized mice</li>
<li>Anticipated 2025 milestones include: declare two in vivo development candidates, one in HSCs and one in liver; present further in vivo HSC data; present in vivo data in one liver indication; establish one additional target cell type/tissue; and continue to derive revenue through sublicensing foundational IP</li>
<li>Strategic priorities through 2027 include: submit at least one IND/CTA; achieve human in vivo proof of concept in HSC editing for the treatment of sickle cell disease and beta thalassemia; and commence late-stage trial of at least one asset</li>
<li>Strong financial position with operational runway into Q2 2027</li>
<li>Company to present at the 43rd Annual J.P. Morgan Healthcare Conference on Wednesday, January 15 at 11:15 a.m. PST &nbsp;</li>
</ul>
CAMBRIDGE, Mass., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Editas Medicine, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDIT#NASDAQ">EDIT</a>), a pioneering gene editing company focused on developing transformative medicines for serious diseases, today announced its three-year strategic priorities, anticipated 2025 key milestones, and new in vivo preclinical proof of concept data in non-human primates editing hematopoietic stem cells (HSCs) and liver cells and in vivo delivery data in humanized mice to two additional target cell types.

Editas Medicine Announces In Vivo Preclinical Proof Of Concept In HSC And Liver Cells, 2025 Milestones, And Strategic Priorities Through 2027 With Operational Runway Into Q2 2027

Editas Medicine Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDIT#NASDAQ">EDIT</a>) announced last week a strategic realignment to focus on in <a href="https://www.benzinga.com/general/biotech/24/12/42480865/editas-medicine-realigns-strategy-to-focus-on-in-vivo-gene-editing-targets-human-proof-of-concept-by-2026" target="_blank" rel="noreferrer noopener">vivo gene editing</a>.
The shift is designed to optimize costs, extend its cash runway into the second quarter of 2027, and accelerate its progress toward achieving human proof of concept within two years.
Also Read: <a target="_blank" href="https://www.benzinga.com/24/11/42170987/editas-medicine-downgraded-analyst-sees-limited-near-term-catalysts" rel="noreferrer noopener">Editas Medicine Downgraded: Analyst Sees Limited Near-Term Catalysts</a>
JPMorgan spoke with Editas management. The analyst said that, overall, they were surprised by the timing of the restructuring. While there are personnel and legal considerations, the pivot would be better received if delivered in a single step, the analyst wrote.
JPMorgan highlighted the strategic move to prioritize in vivo programs, but noted that clarity is needed on the next steps and the timeline for initial human proof-of-concept results.
Until more visibility is gained, investors may remain cautious, keeping Editas Medicine shares trading within a limited range compared to peers in the coverage.
The analyst saw significant value embedded in its technical expertise and IP estate. However, the next major inflection point in the stock is still a way away, and investors will want to see the first clinical proof of concept before returning to the story.
As such, Editas Medicine shares will underperform relative to other names in JPMorgan&#8217;s coverage universe for now. The analyst downgraded the rating to Underweight from Neutral.
The recent strategic updates, including workforce cuts and management/board departures, may raise concerns about Editas Medicine&#8217;s shift toward in vivo development. JP Morgan added that these changes could suggest further adjustments to its development strategy in the future.
EDIT Price Action: Editas Medicine stock is up 2.36% at $1.52 at publication Tuesday.
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Analyst Color

Downgrades

Health Care

JPMorgan Downgrades Editas Medicine, Says Focus Shift Sparks Investor Caution

Evercore ISI Group analyst Liisa Bayko maintains Editas Medicine (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDIT#NASDAQ">EDIT</a>) with a Outperform and lowers the price target from $7 to $5.

Evercore ISI Group Maintains Outperform on Editas Medicine, Lowers Price Target to $5

JP Morgan analyst Brian Cheng downgrades Editas Medicine (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDIT#NASDAQ">EDIT</a>) from Neutral to Underweight.

JP Morgan Downgrades Editas Medicine to Underweight

RBC Capital analyst Luca Issi maintains Editas Medicine (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDIT#NASDAQ">EDIT</a>) with a Sector Perform and lowers the price target from $5 to $4.

RBC Capital Maintains Sector Perform on Editas Medicine, Lowers Price Target to $4

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<li>Stifel cut Editas Medicine, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDIT#NASDAQ">EDIT</a>) price target from $11 to $3. Stifel analyst Dae Gon Ha downgraded the stock from Buy to Hold. Editas Medicine shares closed at $1.89 on Thursday. See how other analysts view this stock.</li>
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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
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<li>Stifel analyst Dae Gon Ha downgraded the rating for Editas Medicine, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDIT#NASDAQ">EDIT</a>) from Buy to Hold and lowered the price target from $11 to $3. Editas Medicine shares closed at $1.89 on Thursday. See how other analysts view this stock.</li>
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WIIM

Editas Medicine shares are trading lower after Stifel and Chardan Capital downgraded the stock and multiple firms cut their respective price targets.

Barclays analyst Gena Wang maintains Editas Medicine (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDIT#NASDAQ">EDIT</a>) with a Equal-Weight and lowers the price target from $5 to $3.

Barclays Maintains Equal-Weight on Editas Medicine, Lowers Price Target to $3

Press Releases

Editas Medicine to Present at the 43rd Annual J.P. Morgan Healthcare Conference

Editas Medicine Highlights New In Vivo Preclinical Proof of Concept Data, Anticipated 2025 Key Milestones, and Three-year Strategic Priorities

Editas Medicine to Announce Fourth Quarter/Full Year 2024 Financial Results and to Participate in Investor Conferences in March

Editas Medicine Announces Fourth Quarter and Full Year 2024 Results and Business Updates

Editas Medicine Announces Chief Financial Officer Transition

Editas Medicine to Present Preclinical Data Demonstrating Progress in the Development of an in vivo Gene Editing Pipeline at the American Society of Gene and Cell Therapy Annual Meeting

Editas Medicine to Announce First Quarter 2025 Financial Results and to Participate in Investor Conference in May

Legal

Editas Medicine Announces U.S. Court of Appeals for the Federal Circuit Remands CRISPR Patent Interference to Patent Trial and Appeal Board

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