Design Therapeutics (DSGN)


Market Price (10/31/2026): $0 | Market Cap: $-Sector: Health Care | Industry: Biotechnology

Design Therapeutics (DSGN)


Market Price (10/31/2026): $0
Market Cap: $-
Sector: Health Care
Industry: Biotechnology

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -31%

Megatrend and thematic drivers
Megatrends include Biotechnology & Genomics, and Precision Medicine. Themes include Gene Editing & Therapy, Targeted Therapies, Show more.

Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.99, Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 11%

Very low revenue
Rev LTMTotal Revenue or Sales, Last Twelve Months is 0

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -79 Mil

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -16%

Key risks
DSGN key risks include [1] the successful clinical and regulatory advancement of its GeneTAC™ platform, Show more.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -31%
1 Megatrend and thematic drivers
Megatrends include Biotechnology & Genomics, and Precision Medicine. Themes include Gene Editing & Therapy, Targeted Therapies, Show more.
2 Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.99, Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 11%
3 Very low revenue
Rev LTMTotal Revenue or Sales, Last Twelve Months is 0
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -79 Mil
5 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -16%
6 Key risks
DSGN key risks include [1] the successful clinical and regulatory advancement of its GeneTAC™ platform, Show more.

DSGN in ETFs

Weight = DSGN's share of each fund

VTI0.00%
IWM0.01%
XBI0.10%
IBB0.03%
IWO0.02%
VTWO0.01%
SCHA0.01%
DFAS0.01%
+3 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 10/19/2026

Design Therapeutics (DSGN) stock has lost about 25% since 6/30/2026 because of the following key factors:

1. Delay in Clinical Trial Readout for DT-168. The expected readout of Phase 2 biomarker trial data for DT-168, a treatment for Fuchs endothelial corneal dystrophy, was postponed from late 2026 to 2027 due. This delay was attributed to an anticipated supply issue with blow-fill-seal eye droppers.

2. Modifications and Extended Timeline for RESTORE-FA Trial. In August 2026, Design Therapeutics announced modifications to the RESTORE-FA trial for DT-216P2 in Friedreich ataxia. While initial four-week data showed positive biomarker and clinical improvements, the company opted to modify the trial to focus on a 1 mpk dose, enroll 10 patients in a 12-week cohort, and identify blood FXN protein change as the primary efficacy endpoint. This pushed the update on registrational plans to fiscal Q4 2026 and the 12-week data to fiscal Q1 2027, creating an extended period of uncertainty for a key pipeline asset.

Show more
Updated on 10/19/2026

Design Therapeutics (DSGN) stock has lost about 25% since 6/30/2026 because of the following key factors:

1. Delay in Clinical Trial Readout for DT-168. The expected readout of Phase 2 biomarker trial data for DT-168, a treatment for Fuchs endothelial corneal dystrophy, was postponed from late 2026 to 2027 due. This delay was attributed to an anticipated supply issue with blow-fill-seal eye droppers.

2. Modifications and Extended Timeline for RESTORE-FA Trial. In August 2026, Design Therapeutics announced modifications to the RESTORE-FA trial for DT-216P2 in Friedreich ataxia. While initial four-week data showed positive biomarker and clinical improvements, the company opted to modify the trial to focus on a 1 mpk dose, enroll 10 patients in a 12-week cohort, and identify blood FXN protein change as the primary efficacy endpoint. This pushed the update on registrational plans to fiscal Q4 2026 and the 12-week data to fiscal Q1 2027, creating an extended period of uncertainty for a key pipeline asset.

3. Sustained Net Losses and Expected Future Earnings Decline. Design Therapeutics reported a net loss of $20.2 million for fiscal Q2 2026, bringing the first half of fiscal 2026 net loss to $37.8 million. Analysts are forecasting a continued decrease in earnings, with the estimated earnings per share expected to decline from -$1.41 to -$1.63 in the upcoming year. These ongoing and projected losses likely contributed to investor concern over the company's financial performance.

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Stock Movement Drivers

Fundamental Drivers

The -26.2% change in DSGN stock from 6/30/2026 to 10/30/2026 was primarily driven by a -1.7% change in the company's Shares Outstanding (Mil).
(LTM values as of)630202610302026Change
Stock Price ($)14.4710.68-26.2%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple∞∞0.0%
Shares Outstanding (Mil)6163-1.7%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2026 to 10/30/2026
ReturnCorrelation
DSGN-26.2% 
Market (SPY)1.2%27.2%
Sector (XLV)16.5%21.6%

Fundamental Drivers

The 0.4% change in DSGN stock from 3/31/2026 to 10/30/2026 was primarily driven by a 0.0% change in the company's Total Revenues ($ Mil).
(LTM values as of)331202610302026Change
Stock Price ($)10.6410.680.4%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple∞∞0.0%
Shares Outstanding (Mil)5963-6.0%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2026 to 10/30/2026
ReturnCorrelation
DSGN0.4% 
Market (SPY)16.5%16.9%
Sector (XLV)26.7%1.9%

Fundamental Drivers

The 41.8% change in DSGN stock from 9/30/2025 to 10/30/2026 was primarily driven by a 0.0% change in the company's Total Revenues ($ Mil).
(LTM values as of)930202510302026Change
Stock Price ($)7.5310.6841.8%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple∞∞0.0%
Shares Outstanding (Mil)5763-9.0%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 10/30/2026
ReturnCorrelation
DSGN41.8% 
Market (SPY)14.4%21.6%
Sector (XLV)34.5%9.8%

Fundamental Drivers

The 352.5% change in DSGN stock from 9/30/2023 to 10/30/2026 was primarily driven by a 0.0% change in the company's Total Revenues ($ Mil).
(LTM values as of)930202310302026Change
Stock Price ($)2.3610.68352.5%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple∞∞0.0%
Shares Outstanding (Mil)5663-10.5%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2023 to 10/30/2026
ReturnCorrelation
DSGN352.5% 
Market (SPY)82.9%22.3%
Sector (XLV)50.4%21.4%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
DSGN Return-48%-52%-74%133%52%14%-74%
Peers Return-15%-20%-11%0%-35%-42%-77%
S&P 500 Return27%-19%24%23%16%13%106%

Monthly Win Rates [3]
DSGN Win Rate40%50%42%58%50%60% 
Peers Win Rate46%31%44%47%47%26% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
DSGN Max Drawdown--69%-81%-33%-58%-39% 
Peers Max Drawdown-35%-40%-49%-45%-59%-51% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: VRTX, CMND, CNSY, CNXU, CSBR.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 10/30/2026 (YTD)

How Low Can It Go

EventDSGNS&P 500
2025 US Tariff Shock
  % Loss-42.7%-18.8%
  % Gain to Breakeven74.6%23.1%
  Time to Breakeven124 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-72.6%-9.5%
  % Gain to Breakeven265.3%10.5%
  Time to Breakeven370 days24 days
2023 SVB Regional Banking Crisis
  % Loss-27.7%-6.7%
  % Gain to Breakeven38.3%7.1%
  Time to Breakeven19 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-52.6%-24.5%
  % Gain to Breakeven110.8%32.4%
  Time to Breakeven85 days427 days

Compare to VRTX, CMND, CNSY, CNXU, CSBR

In The Past

Design Therapeutics's stock fell -42.7% during the 2025 US Tariff Shock. Such a loss loss requires a 74.6% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventDSGNS&P 500
2025 US Tariff Shock
  % Loss-42.7%-18.8%
  % Gain to Breakeven74.6%23.1%
  Time to Breakeven124 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-72.6%-9.5%
  % Gain to Breakeven265.3%10.5%
  Time to Breakeven370 days24 days
2023 SVB Regional Banking Crisis
  % Loss-27.7%-6.7%
  % Gain to Breakeven38.3%7.1%
  Time to Breakeven19 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-52.6%-24.5%
  % Gain to Breakeven110.8%32.4%
  Time to Breakeven85 days427 days

Compare to VRTX, CMND, CNSY, CNXU, CSBR

In The Past

Design Therapeutics's stock fell -42.7% during the 2025 US Tariff Shock. Such a loss loss requires a 74.6% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Design Therapeutics (DSGN)

Design Therapeutics, Inc. (DSGN) is a preclinical-stage biopharmaceutical company focused on developing novel therapies for genetic diseases. The company's core strategy involves targeting diseases caused by nucleotide repeat expansions, which are specific types of genetic mutations. Design Therapeutics utilizes its proprietary GeneTAC product candidate portfolio to address the root causes of these challenging conditions.

The company's lead therapeutic programs are aimed at two severe genetic disorders: Friedreich Ataxia and Myotonic Dystrophy Type-1 (DM1). Friedreich Ataxia is a progressive, multi-system disease that affects essential organ systems reliant on mitochondrial function, leading to neurological, cardiac, and metabolic complications. DM1 is a dominantly-inherited, progressive neuromuscular disease impacting skeletal muscle, the heart, brain, and other organs. Beyond these primary indications, Design Therapeutics is also applying its GeneTAC platform to develop treatments for a wider range of serious nucleotide repeat expansion-driven monogenic diseases, including Fragile X syndrome, Huntington disease, and various spinocerebellar ataxias, thereby serving patient populations with significant unmet medical needs.

AI Analysis | Feedback

1. Like a startup Vertex Pharmaceuticals, but focused on developing drugs for genetic diseases caused by specific DNA 'repeats'.

2. A discovery-stage Biogen, but specializing in a range of neurological and neuromuscular genetic diseases.

3. An early-stage Alnylam Pharmaceuticals, building a platform to treat genetic diseases caused by runaway DNA 'repeats'.

AI Analysis | Feedback

  • Friedreich Ataxia Therapy Candidate: A therapeutic candidate being developed for Friedreich Ataxia, a progressive genetic disease impacting multiple organ systems due to mitochondrial dysfunction.
  • Myotonic Dystrophy Type-1 (DM1) Therapy Candidate: A therapeutic candidate aimed at treating Myotonic Dystrophy Type-1 (DM1), a dominantly-inherited, progressive neuromuscular disease.
  • GeneTAC Product Candidate Portfolio: A portfolio of therapeutic candidates focused on addressing a range of other monogenic diseases caused by nucleotide repeat expansions, such as Fragile X syndrome and Huntington disease.

AI Analysis | Feedback

Design Therapeutics (DSGN) is a preclinical-stage biopharmaceutical company. As described, the company is engaged in the development of therapies for genetic diseases, and its product candidates are still in the preclinical stage. This means they have not yet commercialized any products or therapies.

Consequently, Design Therapeutics does not currently have major customers, either individuals or other companies, who are purchasing their products or services. Their primary activities at this stage involve research and development, funded by investors, rather than generating revenue from product sales.

AI Analysis | Feedback

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AI Analysis | Feedback

Pratik Shah, Ph.D. Co-Founder, President, Chief Executive Officer, Chairperson and Principal Financial Officer

Dr. Shah is a co-founder of Design Therapeutics. He serves as chairperson of the board at ARS Pharmaceuticals. Until February 2020, he was chairperson of Synthorx, Inc., a biotechnology company acquired by Sanofi for $2.5 billion. Previously, he was president and chief executive officer of Auspex Pharmaceuticals, which he led through its initial public offering and subsequent acquisition by Teva Pharmaceuticals for $3.5 billion in 2015. Before that, Dr. Shah was a partner at the healthcare venture capital firm Thomas, McNerney & Partners for nearly a decade and co-founded two other biotechnology companies. He has served as Principal Financial Officer since August 2023.

Julie Burgess, C.P.A. Chief Accounting Officer

Julie Burgess is the chief accounting officer at Design Therapeutics.

Sean Jeffries, Ph.D. Chief Operating Officer

Dr. Jeffries brings over two decades of experience in biopharma, with extensive experience in strategy and research and development. Prior to joining Design, he led projects for R&D and therapeutic strategies for biopharma at the Boston Consulting Group and was instrumental in pioneering miniPCR. He also established and led the informatics group at Kalypsys.

Chris Storgard, M.D. Chief Medical Officer

Dr. Storgard was appointed Chief Medical Officer in April 2025, bringing over two decades of leadership and drug development experience, having successfully advanced multiple assets from preclinical stages through global regulatory approvals. Most recently, he served as CMO at ADARx Pharmaceuticals, where he transitioned the organization from research to development-stage operations. He also held CMO positions at Heron Therapeutics, overseeing teams that secured multiple U.S. and European approvals, and at Fate Therapeutics, where he filed the first investigational new drug application for an iPSC-derived, off-the-shelf, natural killer cell product. Earlier, he was Vice President of Clinical Research and Development at Ardea Biosciences (an AstraZeneca Company), where he led the global clinical program for lesinurad to regulatory approvals.

Tadimeti Rao, Ph.D. Chief Scientific Officer

Dr. Rao has over thirty years of drug discovery and development experience. He participated in highly matrixed drug discovery programs at Pfizer, Merck, Auspex, Kalypsys, J&J, and Vividion, which delivered novel chemical entities for clinical evaluation in various therapeutic areas.

AI Analysis | Feedback

  1. Clinical Development and Regulatory Failure: Design Therapeutics is a preclinical-stage biopharmaceutical company, meaning its success is highly dependent on the successful development, clinical testing, and regulatory approval of its product candidates, including those for Friedreich Ataxia and Myotonic Dystrophy Type-1. The drug development process is inherently uncertain, lengthy, costly, and has a high rate of failure. There is no guarantee that any of their current or future product candidates will prove safe and effective in clinical trials or that they will receive the necessary regulatory approvals.
  2. Lack of Commercial Products and Revenue: As a preclinical-stage company, Design Therapeutics currently has no approved products on the market and, consequently, generates no revenue from product sales. The company is entirely dependent on its ability to successfully develop and commercialize its product candidates to generate revenue, which is years away, if ever. This also implies the company will require substantial additional funding to continue its research and development efforts, which may not be available on acceptable terms or at all.
  3. Competition and Intellectual Property Protection: The biopharmaceutical industry is highly competitive, and Design Therapeutics' product candidates may face competition from existing or future therapies developed by other companies for the same indications. Furthermore, the company's ability to compete effectively will depend significantly on its ability to obtain, maintain, and enforce intellectual property rights, particularly patents, for its GeneTAC product candidates and other technologies. Any failure to secure or defend its intellectual property could adversely affect its competitive position and future profitability.

AI Analysis | Feedback

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AI Analysis | Feedback

The addressable markets for Design Therapeutics' main products are as follows:

Friedreich Ataxia

  • The global Friedreich Ataxia market was valued at approximately USD 2.63 billion in 2024 and is projected to reach USD 3.59 billion by 2032.
  • Another estimate places the global market size at USD 2.634 billion in 2024, with a projection to grow to USD 8.402 billion by 2035.
  • In the 7 major markets (7MM), the Friedreich Ataxia market was valued at USD 660.4 million in 2024 and is expected to reach USD 1,882.2 million by 2035. North America is noted as a dominant region in this market.

Myotonic Dystrophy Type 1 (DM1)

  • The global Myotonic Dystrophy Type 1 (DM1) market is projected to grow from USD 1,550 million in 2024 to USD 3,204 million by 2032.
  • Another report estimates the global myotonic dystrophy treatment market was valued at USD 778.62 million by the end of 2022, with a projection to reach approximately USD 2,789.35 million by 2033.
  • Within the 7 major markets (7MM), the Myotonic Dystrophy market is anticipated to experience consistent growth between 2024 and 2034. In 2023, the U.S. alone accounted for approximately 54,068 diagnosed prevalent cases of Myotonic Dystrophy. North America holds a significant market share, followed by Europe.

AI Analysis | Feedback

For Design Therapeutics (DSGN), a preclinical and clinical-stage biopharmaceutical company focused on genetic diseases, the expected drivers of future revenue growth over the next 2-3 years are primarily tied to the successful advancement of its GeneTAC® platform and lead product candidates through clinical development, which could lead to partnerships, licensing agreements, or eventual market commercialization.

  1. Successful Clinical Development and Data Readouts for DT-216P2 in Friedreich Ataxia (FA): Design Therapeutics is currently evaluating DT-216P2 in the RESTORE-FA Phase 1/2 multiple ascending dose (MAD) clinical trial. The company anticipates providing an update on frataxin levels after 12 weeks of dosing in the second half of 2026. Positive and durable clinical signals for DT-216P2 are considered a significant validation of both the lead asset and the GeneTAC® platform, which could drive future value.

  2. Advancement and Data Readouts for DT-168 in Fuchs Endothelial Corneal Dystrophy (FECD): The company has completed a Phase 1 trial for its eye-drop candidate DT-168 in healthy volunteers with favorable safety results and is conducting a Phase 2 biomarker study. Data from this Phase 2 trial is expected in the second half of 2026. DT-168 has the potential to be a first-in-class effective treatment addressing the root cause of FECD, representing a significant market opportunity.

  3. Initiation and Early Clinical Data for DT-818 in Myotonic Dystrophy Type-1 (DM1): Design Therapeutics plans to begin dosing DM1 patients with its GeneTAC® small molecule development candidate, DT-818, in a Phase 1 MAD trial in the first half of 2026. Preclinical data for DT-818 has shown over 90% reduction in toxic RNA foci in DM1 patient cells, suggesting a potential best-in-disease profile. Results from this Phase 1 MAD trial are anticipated in 2027.

  4. Pipeline Expansion and Advancement of the Huntington's Disease (HD) Program: Beyond its lead programs, Design Therapeutics continues to advance preclinical studies for promising GeneTAC® candidate molecules for Huntington's Disease. These candidates have demonstrated selective mutant huntingtin reduction in patient cells and mouse models. The company intends to declare additional product candidates for other nucleotide repeat expansion disorders, such as Fragile X syndrome, as they progress towards the clinic, further validating the broad applicability of its GeneTAC® platform.

AI Analysis | Feedback

Share Issuance

  • Design Therapeutics went public in 2021 through an Initial Public Offering (IPO).
  • In December 2025, 295,312 shares of common stock from stock options granted to the President, CEO, and Chairperson vested, following the satisfaction of a performance condition.

Inbound Investments

  • Design Therapeutics conducted an Initial Public Offering (IPO) in 2021, becoming a publicly held company after being formerly venture capital-backed.
  • As of December 31, 2025, the company maintained a strong cash, cash equivalents, and investment securities position of $219.8 million, which it expects to fund planned operations into 2029.

Capital Expenditures

  • Research and development (R&D) expenses, which represent the company's primary investment, were $59.1 million for the full year ended December 31, 2025, an increase from $44.4 million in 2024.
  • The primary focus of these expenditures is on advancing the GeneTAC® pipeline, including clinical programs for Friedreich ataxia (DT-216P2), Fuchs endothelial corneal dystrophy (DT-168), Myotonic Dystrophy Type-1 (DT-818), and preclinical work in Huntington's disease.
  • The company's cash position of $219.8 million as of December 31, 2025, is anticipated to fund these planned operations and R&D activities into 2029.

Peer Outperformance in Biotechnology

DSGN has outperformed 70% of its 361 Biotechnology peers over 5Y. Biotechnology ranks 9th of 10 industries in Health Care by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Biotechnology constituents that DSGN has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
85%
of 450 industry peers · 63.6% return
3Y
92%
of 396 industry peers · 423.5% return
5Y
70%
of 361 industry peers · -31.9% return
No Biotechnology peer with a comparable growth profile has beaten DSGN by more than 20pp over 5Y.
Median price return by industry across the Health Care sector, ranked by 5Y. Biotechnology is DSGN's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Health Care Distributors 6 9.3%56.9%98.5% CAH 480% · MCK 390% · COR 186%
Health Care Services 20 37.1%44.9%12.4% HIMS 255% · RDNT 136% · DGX 89%
Managed Health Care 8 34.3%-1.3%-3.6% OSCR 76% · HQY 55% · ELV 4%
Health Care Facilities 25 12.3%15.9%-5.4% THC 281% · NHC 236% · EHC 182%
Health Care Equipment 50 -0.4%12.2%-17.8% GKOS 420% · UFPT 360% · PLSE 148%
Pharmaceuticals 61 -13.5%9.4%-34.9% LQDA 1102% · KNSA 788% · LLY 482%
Health Care Supplies 11 16.7%1.0%-39.9% LNTH 329% · HAE 74% · MMSI 28%
Life Sciences Tools & Services 107 -5.3%-0.6%-66.4% NTRA 262% · AXGN 225% · MEDP 188%
Biotechnology ← 362 -24.8%-26.7%-80.9% DNTH 1187% · ELVN 1129% · TRVI 1054%
Health Care Technology 21 -24.4%-48.5%-82.4% VEEV -1% · DOCS -53%
Median of constituents with a full price history over each window. Top names are limited to companies above $2B market cap.

Latest Trefis Analyses

TitleDate
0DASHBOARDS 
1Design Therapeutics Earnings Notes12/16/2025
Title
0ARTICLES

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

DSGNVRTXCMNDCNSYCNXUCSBRMedian
NameDesign T.Vertex P.Clearmin.Cerenome Conexeu .Champion. 
Mkt Price10.66558.006.251.682.534.815.53
Mkt Cap0.7141.60.00.00.10.10.1
Rev LTM012,587000610
Op Inc LTM-794,777-9-26-14-1-11
FCF LTM-553,796-7-24-11-6-9
FCF 3Y Avg-521,957-5-17--0-5
CFO LTM-554,293-7-22-11-6-9
CFO 3Y Avg-522,398-5-16-0-5

Growth & Margins

DSGNVRTXCMNDCNSYCNXUCSBRMedian
NameDesign T.Vertex P.Clearmin.Cerenome Conexeu .Champion. 
Rev Chg LTM-10.2%---6.7%8.4%
Rev Chg 3Y Avg-9.8%---4.9%7.4%
Rev Chg Q-12.5%---8.8%10.6%
QoQ Delta Rev Chg LTM-3.0%---2.1%2.6%
Op Inc Chg LTM-5.9%2,497.9%-53.0%-106.7%--131.0%-53.0%
Op Inc Chg 3Y Avg-0.2%792.2%-18.0%-26.9%-40.9%-0.2%
Op Mgn LTM-37.9%----1.5%18.2%
Op Mgn 3Y Avg-23.9%----0.7%11.6%
QoQ Delta Op Mgn LTM--0.2%---0.2%-0.0%
CFO/Rev LTM-34.1%----9.2%12.5%
CFO/Rev 3Y Avg-19.6%---0.3%9.9%
FCF/Rev LTM-30.2%----10.1%10.0%
FCF/Rev 3Y Avg-15.7%----0.4%7.7%

Valuation

DSGNVRTXCMNDCNSYCNXUCSBRMedian
NameDesign T.Vertex P.Clearmin.Cerenome Conexeu .Champion. 
Mkt Cap0.7141.60.00.00.10.10.1
P/S-11.2---1.16.2
P/Op Inc-8.429.6-0.1-0.4-5.0-71.7-2.7
P/EBIT-8.428.1-0.2-0.5-5.0-71.7-2.8
P/E-9.432.1-0.2-0.4-5.0-62.3-2.7
P/CFO-12.133.0-0.2-0.5-6.5-12.0-3.5
Total Yield-10.6%3.1%-609.5%-222.4%-19.9%-1.6%-15.2%
Dividend Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg-11.9%1.6%-1,975.5%---1.2%-6.6%
D/E0.00.01.50.00.00.20.0
Net D/E-0.3-0.0-11.4-0.7-0.00.1-0.2

Returns

DSGNVRTXCMNDCNSYCNXUCSBRMedian
NameDesign T.Vertex P.Clearmin.Cerenome Conexeu .Champion. 
1M Rtn-15.2%6.7%676.4%-10.2%-29.1%-3.8%-7.0%
3M Rtn-12.5%17.0%269.8%-57.6%-69.6%-10.3%-11.4%
6M Rtn-19.8%31.6%-5.0%-57.6%-82.4%-19.7%-19.8%
12M Rtn63.2%32.9%-98.3%-57.6%-82.4%-29.4%-43.5%
3Y Rtn422.5%54.1%-99.6%-57.6%-82.4%-11.9%-34.7%
1M Excs Rtn-13.9%9.1%771.9%-6.6%-24.8%-2.4%-4.5%
3M Excs Rtn-18.3%16.7%281.5%-59.4%-69.3%-18.4%-18.4%
6M Excs Rtn-26.9%24.5%-12.2%-64.6%-89.5%-26.8%-26.9%
12M Excs Rtn51.9%21.4%-110.9%-69.8%-94.8%-41.2%-55.5%
3Y Excs Rtn340.3%-31.1%-185.0%-141.5%-167.1%-111.2%-126.4%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil2020
Design Therapeutics, Inc.,0
Total0


Net Income by Segment
$ Mil202520242023
Design Therapeutics, Inc.,-70-50-67
Total-70-50-67


Assets by Segment
$ Mil2023202220212020
Design Therapeutics, Inc.,29034139137
Total29034139137


Price Behavior

Price Behavior
Market Price$10.68 
Market Cap ($ Bil)0.7 
First Trading Date03/26/2021 
Distance from 52W High-33.0% 
   50 Days200 Days
DMA Price$12.65$12.17
DMA Trenddownup
Distance from DMA-15.6%-12.2%
 3M1YR
Volatility53.9%70.6%
Downside Capture217.77105.48
Upside Capture125.47155.31
Correlation (S&P 500)22.9%19.6%
DSGN Betas & Captures as of 9/30/2026

 1M2M3M6M1Y3Y
Beta1.391.281.180.891.211.15
Up Beta1.101.541.731.762.041.02
Down Beta3.714.562.420.100.590.76
Up Capture36%90%39%87%179%571%
Bmk +ve Days6162766132424
Stock +ve Days10243366135384
Down Capture297%78%129%84%91%106%
Bmk -ve Days16263760120328
Stock -ve Days12183159115351

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with DSGN
DSGN64.9%70.6%1.00-
Sector ETF (XLV)30.2%16.4%1.4112.0%
Equity (SPY)10.9%12.8%0.5220.4%
Gold (GLD)-2.0%28.6%-0.088.9%
Commodities (DBC)48.2%20.6%1.79-13.0%
Real Estate (VNQ)10.2%13.7%0.452.3%
Bitcoin (BTCUSD)-30.3%43.5%-0.7111.6%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with DSGN
DSGN-5.6%85.4%0.38-
Sector ETF (XLV)8.7%15.3%0.3725.1%
Equity (SPY)12.2%17.1%0.5328.7%
Gold (GLD)16.2%19.0%0.685.1%
Commodities (DBC)9.2%19.5%0.351.4%
Real Estate (VNQ)0.9%18.9%-0.0624.1%
Bitcoin (BTCUSD)4.8%51.6%0.2817.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with DSGN
DSGN-12.4%84.1%0.16-
Sector ETF (XLV)12.0%16.8%0.5923.7%
Equity (SPY)15.2%17.9%0.7227.7%
Gold (GLD)11.4%16.5%0.566.2%
Commodities (DBC)8.2%18.1%0.373.0%
Real Estate (VNQ)5.3%20.7%0.2123.1%
Bitcoin (BTCUSD)61.7%66.2%1.0114.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date10152026
Short Interest: Shares Quantity6.7 Mil
Short Interest: % Change Since 93020260.6%
Average Daily Volume0.6 Mil
Days-to-Cover Short Interest12.0 days
Basic Shares Quantity62.5 Mil
Short % of Basic Shares10.6%

Earnings Returns History

Updated 9/3/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/3/20264.8%14.9%23.9%
4/28/202623.3%4.7%-16.2%
3/9/2026-3.7%6.0%22.2%
11/5/20254.9%16.2%50.5%
8/7/20257.8%30.0%46.6%
5/7/20255.7%-3.5%20.4%
3/10/2025-1.0%-4.4%-36.2%
11/7/20240.7%4.0%12.4%
...
SUMMARY STATS   
# Positive121411
# Negative10811
Median Positive5.3%8.5%23.9%
Median Negative-1.8%-11.2%-16.2%
Max Positive23.3%37.8%50.5%
Max Negative-70.5%-72.0%-63.6%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/3/20264.8%14.9%23.9%
4/28/202623.3%4.7%-16.2%
3/9/2026-3.7%6.0%22.2%
11/5/20254.9%16.2%50.5%
8/7/20257.8%30.0%46.6%
5/7/20255.7%-3.5%20.4%
3/10/2025-1.0%-4.4%-36.2%
11/7/20240.7%4.0%12.4%
8/5/2024-1.7%-10.5%-0.2%
5/8/20241.7%-3.8%-17.9%
3/19/202412.0%37.8%44.4%
11/13/202311.7%8.8%24.9%
8/14/2023-70.5%-72.0%-63.6%
5/9/2023-11.7%-16.8%-26.0%
3/14/2023-0.8%-11.9%-25.0%
11/3/2022-0.2%1.2%-11.7%
8/8/20222.7%19.4%8.0%
5/9/2022-0.4%7.6%32.4%
3/10/2022-1.8%10.5%-10.0%
11/9/20210.1%8.3%-8.0%
8/9/20216.2%3.3%15.7%
5/10/2021-6.8%-17.5%-2.7%
SUMMARY STATS   
# Positive121411
# Negative10811
Median Positive5.3%8.5%23.9%
Median Negative-1.8%-11.2%-16.2%
Max Positive23.3%37.8%50.5%
Max Negative-70.5%-72.0%-63.6%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/03/202610-Q
03/31/202604/28/202610-Q
12/31/202503/09/202610-K
09/30/202511/05/202510-Q
06/30/202508/07/202510-Q
03/31/202505/07/202510-Q
12/31/202403/10/202510-K
09/30/202411/07/202410-Q
06/30/202408/05/202410-Q
03/31/202405/08/202410-Q
12/31/202303/19/202410-K
09/30/202311/13/202310-Q
06/30/202308/14/202310-Q
03/31/202305/09/202310-Q
12/31/202203/14/202310-K
09/30/202211/03/202210-Q
Collapse to Preview
Report DateFiling DateFiling
06/30/202608/03/202610-Q
03/31/202604/28/202610-Q
12/31/202503/09/202610-K
09/30/202511/05/202510-Q
06/30/202508/07/202510-Q
03/31/202505/07/202510-Q
12/31/202403/10/202510-K
09/30/202411/07/202410-Q
06/30/202408/05/202410-Q
03/31/202405/08/202410-Q
12/31/202303/19/202410-K
09/30/202311/13/202310-Q
06/30/202308/14/202310-Q
03/31/202305/09/202310-Q
12/31/202203/14/202310-K
09/30/202211/03/202210-Q
06/30/202208/08/202210-Q
03/31/202205/09/202210-Q
12/31/202103/10/202210-K
09/30/202111/09/202110-Q
06/30/202108/09/202110-Q
03/31/202105/10/202110-Q
12/31/202003/26/2021424B4

Insider Activity

Updated 6/11/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1William, ArsaniLogos Global Master Fund LPSell81420255.25345,0001,811,25013,938,750Form
2William, ArsaniLogos Opportunities Fund II LPSell81420255.25217,6271,142,5425,250,000Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1William, ArsaniLogos Global Master Fund LPSell81420255.25345,0001,811,25013,938,750Form
2William, ArsaniLogos Opportunities Fund II LPSell81420255.25217,6271,142,5425,250,000Form

Investor Activity (13F)

Updated Oct 31, 2026
13F holdings as of Mar 31, 2026 (Q1 2026)

Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

Active ManagerValue% of PortfolioTotal PositionsQoQFiling
SR One Capital Management, LP$69.4 Mil7.6%14Hold13F
Trails Edge Capital Partners, LP$9.1 Mil2.1%26New13F
Vivo Capital, LLC$17.2 Mil1.4%46Hold13F
Kynam Capital Management, LP$8.3 Mil0.5%36Hold13F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Trails Edge Capital Partners, LP$9.1 Mil2.1%26New13F
Active Manager
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
SR One Capital Management, LP$69.4 Mil7.6%14Hold13F
Vivo Capital, LLC$17.2 Mil1.4%46Hold13F
Trails Edge Capital Partners, LP$9.1 Mil2.1%26New13F
Kynam Capital Management, LP$8.3 Mil0.5%36Hold13F
Core Cache Last Updated: 10/30/2026