Tearsheet

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

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Megatrend and thematic drivers
Megatrends include Precision Medicine. Themes include Targeted Therapies, Biopharmaceutical R&D, and Rare Disease Therapies.

Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%

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 -200 Mil

Stock price has recently run up significantly
12M Rtn12 month market price return is 256%

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 -7.8%

Key risks
EWTX key risks include [1] its heavy dependence on successful clinical trial outcomes for its lead drug candidates, Show more.

0 Megatrend and thematic drivers
Megatrends include Precision Medicine. Themes include Targeted Therapies, Biopharmaceutical R&D, and Rare Disease Therapies.
1 Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%
2 Very low revenue
Rev LTMTotal Revenue or Sales, Last Twelve Months is 0
3 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -200 Mil
4 Stock price has recently run up significantly
12M Rtn12 month market price return is 256%
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 -7.8%
6 Key risks
EWTX key risks include [1] its heavy dependence on successful clinical trial outcomes for its lead drug candidates, Show more.

EWTX in ETFs

Weight = EWTX's share of each fund

VTI0.00%
ITOT0.00%
IWM0.09%
IBB0.24%
IWO0.17%
VTWO0.07%
SCHA0.06%
ESML0.06%
+6 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 7/8/2026

Edgewise Therapeutics (EWTX) stock has gained about 45% since 3/31/2026 because of the following key factors:

1. Divestiture of Muscular Dystrophy Business and Substantial Capital Infusion.

Edgewise Therapeutics announced on June 1, 2026, its agreement to sell its muscular dystrophy business, including sevasemten, to Servier for an upfront payment of $1.55 billion, with the potential for an additional $1.1 billion in regulatory and commercial milestones, totaling up to $2.65 billion. This strategic divestiture, expected to close in fiscal Q3 2026, significantly bolstered the company's balance sheet and allowed it to fully refocus on its cardiovascular pipeline.

2. Positive Top-Line Results from Phase 2 CIRRUS-HCM Trial for EDG-7500.

On June 16, 2026, Edgewise Therapeutics reported positive top-line data from the 12-week Phase 2 Part D CIRRUS-HCM trial evaluating EDG-7500 in patients with obstructive and nonobstructive hypertrophic cardiomyopathy (HCM). The trial demonstrated clinically meaningful improvements across key measures of hemodynamics, biomarkers, and functional status without compromising systolic function. Notably, 90% of participants with obstructive HCM showed positive responses, and 74% achieved normalization or significant reduction in NT-proBNP levels. These strong results support the advancement of EDG-7500 into Phase 3 clinical development, targeted for fiscal Q4 2026.

Show more
Updated on 7/8/2026

Edgewise Therapeutics (EWTX) stock has gained about 45% since 3/31/2026 because of the following key factors:

1. Divestiture of Muscular Dystrophy Business and Substantial Capital Infusion.

Edgewise Therapeutics announced on June 1, 2026, its agreement to sell its muscular dystrophy business, including sevasemten, to Servier for an upfront payment of $1.55 billion, with the potential for an additional $1.1 billion in regulatory and commercial milestones, totaling up to $2.65 billion. This strategic divestiture, expected to close in fiscal Q3 2026, significantly bolstered the company's balance sheet and allowed it to fully refocus on its cardiovascular pipeline.

2. Positive Top-Line Results from Phase 2 CIRRUS-HCM Trial for EDG-7500.

On June 16, 2026, Edgewise Therapeutics reported positive top-line data from the 12-week Phase 2 Part D CIRRUS-HCM trial evaluating EDG-7500 in patients with obstructive and nonobstructive hypertrophic cardiomyopathy (HCM). The trial demonstrated clinically meaningful improvements across key measures of hemodynamics, biomarkers, and functional status without compromising systolic function. Notably, 90% of participants with obstructive HCM showed positive responses, and 74% achieved normalization or significant reduction in NT-proBNP levels. These strong results support the advancement of EDG-7500 into Phase 3 clinical development, targeted for fiscal Q4 2026.

3. Improved Financial Outlook and Strategic Pipeline Focus.

The significant upfront cash payment from the Servier deal, combined with Edgewise's existing cash of $499.6 million as of the end of fiscal Q1 2026, is expected to fully fund the company's cardiovascular pipeline, including EDG-7500, through potential regulatory approval. Furthermore, the company reported fiscal Q1 2026 financial results on May 7, 2026, with an earnings per share (EPS) of -$0.46, which surpassed analysts' consensus estimates of -$0.50 by $0.04. This strengthened financial position and clear strategic focus on cardiovascular indications provided investors with increased confidence.

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Stock Movement Drivers

Fundamental Drivers

The 47.0% change in EWTX stock from 3/31/2026 to 7/8/2026 was primarily driven by a 0.0% change in the company's Total Revenues ($ Mil).
(LTM values as of)33120267082026Change
Stock Price ($)31.5046.3047.0%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple0.0%
Shares Outstanding (Mil)106107-1.0%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2026 to 7/8/2026
ReturnCorrelation
EWTX47.0% 
Market (SPY)14.6%20.5%
Sector (XLV)10.7%5.9%

Fundamental Drivers

The 86.6% change in EWTX stock from 12/31/2025 to 7/8/2026 was primarily driven by a 0.0% change in the company's Total Revenues ($ Mil).
(LTM values as of)123120257082026Change
Stock Price ($)24.8246.3086.6%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple0.0%
Shares Outstanding (Mil)105107-1.5%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 7/8/2026
ReturnCorrelation
EWTX86.6% 
Market (SPY)9.6%22.3%
Sector (XLV)5.3%14.5%

Fundamental Drivers

The 253.2% change in EWTX stock from 6/30/2025 to 7/8/2026 was primarily driven by a 0.0% change in the company's Total Revenues ($ Mil).
(LTM values as of)63020257082026Change
Stock Price ($)13.1146.30253.2%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple0.0%
Shares Outstanding (Mil)95107-11.2%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2025 to 7/8/2026
ReturnCorrelation
EWTX253.2% 
Market (SPY)21.7%19.1%
Sector (XLV)22.0%19.0%

Fundamental Drivers

The 497.4% change in EWTX stock from 6/30/2023 to 7/8/2026 was primarily driven by a 0.0% change in the company's Total Revenues ($ Mil).
(LTM values as of)63020237082026Change
Stock Price ($)7.7546.30497.4%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple0.0%
Shares Outstanding (Mil)63107-40.9%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2023 to 7/8/2026
ReturnCorrelation
EWTX497.4% 
Market (SPY)74.1%26.4%
Sector (XLV)28.0%22.5%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
EWTX Return-49%-41%22%144%-7%74%44%
Peers Return-11%-4%88%50%53%-6%246%
S&P 500 Return27%-19%24%23%16%10%100%

Monthly Win Rates [3]
EWTX Win Rate40%25%42%50%50%86% 
Peers Win Rate43%55%48%52%55%51% 
S&P 500 Win Rate75%42%67%75%67%57% 

Max Drawdowns [4]
EWTX Max Drawdown--70%-51%-31%-62%-18% 
Peers Max Drawdown-55%-52%-53%-47%-51%-36% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: CYTK, SRPT, BBIO, DYN, RNA.
[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 7/8/2026 (YTD)

How Low Can It Go

EventEWTXS&P 500
2025 US Tariff Shock
  % Loss-57.2%-18.8%
  % Gain to Breakeven133.5%23.1%
  Time to Breakeven257 days79 days
2024 Yen Carry Trade Unwind
  % Loss-26.2%-7.8%
  % Gain to Breakeven35.5%8.5%
  Time to Breakeven43 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-21.2%-9.5%
  % Gain to Breakeven26.9%10.5%
  Time to Breakeven33 days24 days
2023 SVB Regional Banking Crisis
  % Loss-42.9%-6.7%
  % Gain to Breakeven75.1%7.1%
  Time to Breakeven43 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-65.7%-24.5%
  % Gain to Breakeven191.4%32.4%
  Time to Breakeven611 days427 days

Compare to CYTK, SRPT, BBIO, DYN, RNA

In The Past

Edgewise Therapeutics's stock fell -57.2% during the 2025 US Tariff Shock. Such a loss loss requires a 133.5% 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.

EventEWTXS&P 500
2025 US Tariff Shock
  % Loss-57.2%-18.8%
  % Gain to Breakeven133.5%23.1%
  Time to Breakeven257 days79 days
2024 Yen Carry Trade Unwind
  % Loss-26.2%-7.8%
  % Gain to Breakeven35.5%8.5%
  Time to Breakeven43 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-21.2%-9.5%
  % Gain to Breakeven26.9%10.5%
  Time to Breakeven33 days24 days
2023 SVB Regional Banking Crisis
  % Loss-42.9%-6.7%
  % Gain to Breakeven75.1%7.1%
  Time to Breakeven43 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-65.7%-24.5%
  % Gain to Breakeven191.4%32.4%
  Time to Breakeven611 days427 days

Compare to CYTK, SRPT, BBIO, DYN, RNA

In The Past

Edgewise Therapeutics's stock fell -57.2% during the 2025 US Tariff Shock. Such a loss loss requires a 133.5% 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 Edgewise Therapeutics (EWTX)

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Edgewise Therapeutics, Inc. (EWTX) is a biopharmaceutical company dedicated to developing innovative small molecule therapies for musculoskeletal diseases. The company's focus is on creating treatments that address the root causes of these conditions, rather than just managing symptoms, particularly for genetically defined muscle disorders.

The company's lead product candidate is EDG-5506, an orally administered small molecule therapy. EDG-5506 is specifically designed to treat dystrophinopathies, which include serious muscle-wasting conditions like Duchenne muscular dystrophy (DMD) and Becker muscular dystrophy (BMD). This therapy has successfully completed Phase 1 clinical trials, marking a significant step in its development.

Beyond EDG-5506, Edgewise Therapeutics is actively developing a broader pipeline of precision medicine product candidates. These therapies are engineered to target key muscle proteins and modulators, aiming to serve patients suffering from a variety of other genetically defined muscle disorders. The company's primary market is individuals affected by these debilitating inherited muscle diseases.

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AI Analysis | Feedback

Here are a few analogies for Edgewise Therapeutics (EWTX):

  • Like a Sarepta Therapeutics (SRPT), but developing small molecule treatments for muscle disorders.
  • Like a Vertex Pharmaceuticals (VRTX), but focused on small molecule therapies for muscle diseases instead of cystic fibrosis.

AI Analysis | Feedback

  • EDG-5506: An orally administered small molecule therapy designed to address the root cause of dystrophinopathies, including Duchenne and Becker muscular dystrophy.

AI Analysis | Feedback

As a biopharmaceutical company focused on developing therapies for musculoskeletal diseases, Edgewise Therapeutics (EWTX) is currently in the clinical development stage. Its lead product candidate, EDG-5506, has completed Phase 1 clinical trials.

Since the company's therapeutic products are still under development and have not yet been commercialized or approved for sale, Edgewise Therapeutics does not currently have major customers that purchase its products.

AI Analysis | Feedback

  • Lonza Ltd. (LONN)

AI Analysis | Feedback

Kevin Koch, Ph.D. President and Chief Executive Officer

Dr. Koch has served as President, Chief Executive Officer, and a member of Edgewise Therapeutics' board of directors since 2017. He brings over 30 years of experience in the life science industry, focusing on drug discovery, translational medicine, and clinical development. Since 2016, Dr. Koch has also been a Venture Partner with OrbiMed, a healthcare-focused investment firm. Previously, he was the Senior Vice President of Drug Discovery, Chemical and Molecular Therapeutics at Biogen, where he managed global drug discovery and biomarker development.

Michael Nofi Chief Financial Officer

Mr. Nofi was appointed Chief Financial Officer of Edgewise Therapeutics on November 10, 2025. Before joining Edgewise, he served as Chief Accounting Officer (CAO) at SpringWorks Therapeutics, Inc. Prior to his role at SpringWorks, Mr. Nofi was the CAO and Vice President of Global Accounting and Corporate FP&A at The Nature's Bounty Co. His career also includes senior finance positions at Acorda Therapeutics, Allergan plc, and Forest Laboratories.

Alan Russell, Ph.D. Co-Founder and Chief Scientific Officer

Dr. Russell is a co-founder of Edgewise Therapeutics and serves as its Chief Scientific Officer and a member of the board of directors.

Joanne M. Donovan, M.D., Ph.D. Chief Medical Officer

Dr. Donovan was appointed Chief Medical Officer of Edgewise Therapeutics in April 2021. She has extensive experience in the biotechnology industry, having previously served as Chief Medical Officer and Senior Vice President, Clinical Development at Catabasis Pharmaceuticals, where she led clinical development for Duchenne muscular dystrophy from first-in-human through Phase 3 studies. Dr. Donovan also held various positions, including Vice President of Clinical Development, at Genzyme, a company she joined through its acquisition of GelTex Pharmaceuticals. She is also a staff physician at the VA Boston Healthcare System and an Associate Clinical Professor of Medicine at Harvard Medical School.

Behrad Derakhshan, Ph.D. Chief Operating Officer

Dr. Derakhshan was promoted to Chief Operating Officer in January 2025, having previously served as Chief Business Officer since joining Edgewise in 2020. In his roles, he has been responsible for strategic planning, business development, capital formation, investor relations, corporate communications, and commercial planning. Dr. Derakhshan played a key role in the company's initial public offering and in securing several additional funding rounds.

AI Analysis | Feedback

The key risks for Edgewise Therapeutics (EWTX) are primarily associated with the inherent challenges of developing and commercializing biopharmaceutical products, particularly for a clinical-stage company with no approved products on the market.

  1. Clinical Trial and Regulatory Approval Risk: As a biopharmaceutical company, Edgewise Therapeutics' success is heavily dependent on the successful development, clinical trials, and regulatory approval of its product candidates, especially sevasemten (formerly EDG-5506) for muscular dystrophies and EDG-7500 for hypertrophic cardiomyopathy. The clinical development process is lengthy, expensive, and its outcome is uncertain. There is no assurance that clinical trials will demonstrate the necessary safety and efficacy to satisfy regulatory authorities like the FDA or EMA, or that they will produce positive results. For example, while promising long-term results have been reported for sevasemten in Becker muscular dystrophy, top-line results from the pivotal GRAND CANYON study are still pending in Q4 2026. Failures at any stage of clinical development, including unexpected adverse events such as the atrial fibrillation risk noted for EDG-7500, could delay or prevent regulatory approval and commercialization, substantially harming the business.
  2. Financial Risk and Lack of Approved Products: Edgewise Therapeutics is an early-stage company without any approved products for commercial sale, meaning it currently generates no revenue. The company has a limited operating history and incurs significant net losses, primarily due to high research and development expenses, such as the full-year 2025 net loss of $167.8 million. This financial profile complicates the evaluation of its business viability. The company is continuously burning cash and relies on securing additional capital through equity or debt offerings to fund its ongoing operations, clinical advancements, and future commercialization activities. Fluctuations in the availability of capital due to macroeconomic events could impact its ability to raise necessary funds.
  3. Dependence on Third Parties for Clinical Trials and Manufacturing: Edgewise Therapeutics relies on third parties for conducting its clinical trials and for manufacturing its product candidates. There is an operational risk that these third parties may not perform satisfactorily, which could lead to delays in development or commercialization efforts. Any issues with the production of drugs by third-party manufacturers or changes in manufacturing methods or formulations could also pose significant challenges.

AI Analysis | Feedback

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AI Analysis | Feedback

Edgewise Therapeutics' lead product candidate, EDG-5506, targets Duchenne muscular dystrophy (DMD) and Becker muscular dystrophy (BMD).

Duchenne Muscular Dystrophy (DMD)

  • The global Duchenne muscular dystrophy drugs market size was estimated at USD 3.47 billion in 2023 and is projected to reach USD 9.91 billion by 2030.
  • Another estimate places the global DMD drugs market at USD 2.3 billion in 2023, with an expected increase to USD 5.5 billion by 2032.
  • The Duchenne muscular dystrophy market size in the seven major markets (7MM: US, France, Germany, Italy, Spain, UK, and Japan) was around USD 2,150 million in 2023.
  • The United States accounts for the largest Duchenne muscular dystrophy market size, at approximately USD 1,900 million in 2023. North America dominated the global Duchenne muscular dystrophy drugs market with a 45.0% revenue share in 2023.

Becker Muscular Dystrophy (BMD)

  • The global Becker muscular dystrophy treatment market size was valued at USD 1.92 billion in 2024 and is expected to reach USD 2.83 billion by 2032.
  • The Becker muscular dystrophy market across the top 7 markets (US, EU4, UK, and Japan) reached a value of USD 880.6 million in 2024 and is expected to reach USD 1,355.1 million by 2035.
  • In 2024, the United States accounted for the largest Becker Muscular Dystrophy market size compared to EU4, the UK, and Japan. North America dominated the Becker muscular dystrophy treatment market with the largest revenue share of 42.8% in 2024.

AI Analysis | Feedback

Edgewise Therapeutics (EWTX) is a biopharmaceutical company focused on developing therapies for musculoskeletal diseases and serious cardiac conditions. The company's future revenue growth over the next 2-3 years is anticipated to be driven by the following key factors:

  1. Commercialization of Sevasemten (EDG-5506) for Becker Muscular Dystrophy: Edgewise Therapeutics expects to announce top-line data from the pivotal GRAND CANYON study for sevasemten in Becker muscular dystrophy in the fourth quarter of 2026. A New Drug Application (NDA) submission for sevasemten in Becker is planned for the first half of 2027, with a potential commercial launch anticipated by the fourth quarter of 2027 and the first full year of revenue in 2028. Sevasemten has received Fast Track designation from the U.S. Food and Drug Administration (FDA) for Becker muscular dystrophy, and analysts project significant revenue in 2027 and 2028 if commercialized successfully. The market potential for this program is estimated at $5 billion.
  2. Advancement of Sevasemten (EDG-5506) for Duchenne Muscular Dystrophy: The company has reported positive results from its Phase 2 Duchenne trials (LYNX and FOX) for sevasemten. Edgewise plans to initiate a pivotal Phase 3 study for Duchenne muscular dystrophy in 2026. EDG-5506 has already been granted Fast Track, Orphan Drug, and Rare Pediatric Disease designations by the FDA for Duchenne muscular dystrophy, which could expedite its development and review process.
  3. Progression of EDG-7500 for Hypertrophic Cardiomyopathy (HCM): Edgewise Therapeutics anticipates reporting 12-week Part D data from the Phase 2 CIRRUS-HCM study for EDG-7500 in the first half of 2026. These results are expected to inform the design and initiation of Phase 3 trials in both obstructive and nonobstructive HCM in the fourth quarter of 2026. EDG-7500 is considered a differentiated treatment with a potential market size of $10 billion.
  4. Development of EDG-15400 for Heart Failure with Preserved Ejection Fraction (HFpEF): The company expects to announce top-line results from its Phase 1 healthy adult trial of EDG-15400 in the first half of 2026. Following this, Edgewise plans to initiate a Phase 2 trial for EDG-15400 in participants with heart failure with preserved ejection fraction (HFpEF) in the second half of 2026.

AI Analysis | Feedback

Capital Allocation Decisions for Edgewise Therapeutics (EWTX)

Share Issuance

  • Edgewise Therapeutics secured $240 million in funding in November 2024, representing a significant share issuance.
  • The number of outstanding shares increased by 11.38% in the year leading up to early 2026.
  • The company became public through an Initial Public Offering (IPO) in 2021.

Inbound Investments

  • Edgewise Therapeutics received $240 million in funding in November 2024, intended to advance its pipeline of novel treatments and clinical trials for muscle diseases.

Capital Expenditures

  • Capital expenditures totaled approximately $256,000 over the 12 months ending in early 2026.
  • The company reported capital expenditures of $73,000 in the fourth quarter of 2025.
  • Capital is primarily focused on supporting ongoing clinical trials and near-term development plans for its muscular dystrophy and cardiovascular programs.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

EWTXCYTKSRPTBBIODYNRNAMedian
NameEdgewise.Cytokine.Sarepta .BridgeBi.Dyne The.Atrium T. 
Mkt Price46.3084.8820.2178.3323.8313.3735.06
Mkt Cap5.010.52.115.33.90.24.4
Rev LTM01062,18458002565
Op Inc LTM-200-6401-504-471-79-335
FCF LTM-149-549108-452-462-73-300
FCF 3Y Avg-123-459-414-522-335--414
CFO LTM-148-524175-444-442-70-295
CFO 3Y Avg-122-448-302-516-327--327

Growth & Margins

EWTXCYTKSRPTBBIODYNRNAMedian
NameEdgewise.Cytokine.Sarepta .BridgeBi.Dyne The.Atrium T. 
Rev Chg LTM-450.6%-2.2%355.2%--355.2%
Rev Chg 3Y Avg-255.5%33.6%164.8%--164.8%
Rev Chg Q-1,125.8%-1.9%66.8%--66.8%
QoQ Delta Rev Chg LTM-20.2%-0.6%15.5%--15.5%
Op Inc Chg LTM-17.4%-13.2%100.9%26.4%-18.6%--13.2%
Op Inc Chg 3Y Avg-34.9%-20.4%53.7%-8.6%-38.4%--20.4%
Op Mgn LTM--605.1%0.0%-86.9%--315.6%-201.3%
Op Mgn 3Y Avg--5,606.8%-4.0%-280.3%---280.3%
QoQ Delta Op Mgn LTM-90.4%30.0%13.1%--30.0%
CFO/Rev LTM--495.1%8.0%-76.5%--278.6%-177.6%
CFO/Rev 3Y Avg--4,600.5%-18.2%-248.4%---248.4%
FCF/Rev LTM--518.8%5.0%-77.9%--291.4%-184.6%
FCF/Rev 3Y Avg--4,630.7%-24.3%-251.6%---251.6%

Valuation

EWTXCYTKSRPTBBIODYNRNAMedian
NameEdgewise.Cytokine.Sarepta .BridgeBi.Dyne The.Atrium T. 
Mkt Cap5.010.52.115.33.90.24.4
P/S-98.91.026.3-9.117.7
P/Op Inc-24.9-16.32,026.6-30.3-8.3-2.9-12.3
P/EBIT-24.9-14.626.6-28.2-8.9-2.9-11.8
P/E-28.2-12.632.6-21.1-8.7-2.7-10.7
P/CFO-33.4-20.012.1-34.4-8.9-3.3-14.4
Total Yield-3.5%-7.9%3.1%-4.7%-11.5%-36.6%-6.3%
Dividend Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg-5.4%-7.1%-4.0%-7.3%-17.7%--7.1%
D/E0.00.10.50.20.00.00.1
Net D/E-0.10.00.20.1-0.2-1.2-0.0

Returns

EWTXCYTKSRPTBBIODYNRNAMedian
NameEdgewise.Cytokine.Sarepta .BridgeBi.Dyne The.Atrium T. 
1M Rtn32.9%25.0%30.0%16.3%41.8%15.8%27.5%
3M Rtn40.1%29.1%-7.7%5.7%29.7%-2.4%17.4%
6M Rtn87.7%29.7%-13.9%5.5%22.9%-81.5%14.2%
12M Rtn255.6%147.8%6.2%81.4%184.0%-54.3%114.6%
3Y Rtn535.1%144.5%-81.5%363.8%116.8%21.1%130.7%
1M Excs Rtn28.8%17.4%27.0%14.5%38.5%12.0%22.2%
3M Excs Rtn29.4%16.5%-25.5%-4.2%18.1%-17.5%6.2%
6M Excs Rtn88.0%30.1%-12.5%-1.7%22.3%-89.9%10.3%
12M Excs Rtn247.1%134.3%-3.4%60.0%171.2%-73.7%97.1%
3Y Excs Rtn429.3%92.1%-150.5%287.3%43.7%-47.6%67.9%

Comparison Analyses

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Financials

Segment Financials

Operating Income by Segment
$ Mil20252024
Discovery, development, and manufacture of drug products for the treatment of various muscular-191-159
Total-191-159


Net Income by Segment
$ Mil20252024
Discovery, development, and manufacture of drug products for the treatment of various muscular-168-134
Total-168-134


Assets by Segment
$ Mil20242023202220212020
Discovery, development, and manufacture of drug products for the treatment of various muscular487340367285131
Total487340367285131


Price Behavior

Price Behavior
Market Price$46.30 
Market Cap ($ Bil)5.0 
First Trading Date03/26/2021 
Distance from 52W High0.0% 
   50 Days200 Days
DMA Price$35.06$27.46
DMA Trendupup
Distance from DMA32.0%68.6%
 3M1YR
Volatility74.7%75.3%
Downside Capture74.8313.45
Upside Capture180.88160.97
Correlation (SPY)22.4%19.5%
EWTX Betas & Captures as of 6/30/2026

 1M2M3M6M1Y3Y
Beta1.001.311.291.081.181.42
Up Beta-0.190.630.981.801.571.38
Down Beta1.760.820.491.071.181.53
Up Capture229%268%191%139%213%418%
Bmk +ve Days11244067140429
Stock +ve Days9162758120371
Down Capture8%93%156%30%42%104%
Bmk -ve Days10172358112321
Stock -ve Days12253667130376

[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 EWTX
EWTX269.1%75.2%2.04-
Sector ETF (XLV)22.5%15.7%1.0919.3%
Equity (SPY)21.2%12.5%1.2618.8%
Gold (GLD)21.9%27.8%0.705.9%
Commodities (DBC)25.0%18.7%1.063.0%
Real Estate (VNQ)12.7%13.9%0.629.3%
Bitcoin (BTCUSD)-41.4%42.8%-1.139.1%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with EWTX
EWTX16.6%81.6%0.54-
Sector ETF (XLV)6.8%14.9%0.2724.0%
Equity (SPY)13.2%17.1%0.6028.6%
Gold (GLD)17.8%18.3%0.794.5%
Commodities (DBC)7.8%19.5%0.302.2%
Real Estate (VNQ)2.8%18.9%0.0521.0%
Bitcoin (BTCUSD)12.1%53.5%0.419.2%

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 EWTX
EWTX4.8%81.0%0.45-
Sector ETF (XLV)10.9%16.6%0.5423.7%
Equity (SPY)15.9%17.9%0.7628.0%
Gold (GLD)11.5%16.1%0.584.5%
Commodities (DBC)6.4%18.0%0.282.4%
Real Estate (VNQ)5.4%20.7%0.2220.2%
Bitcoin (BTCUSD)58.0%66.2%0.988.3%

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

Short Interest

Short Interest: As Of Date6152026
Short Interest: Shares Quantity9.9 Mil
Short Interest: % Change Since 5312026-9.0%
Average Daily Volume1.7 Mil
Days-to-Cover Short Interest5.7 days
Basic Shares Quantity107.1 Mil
Short % of Basic Shares9.3%

Earnings Returns History

Updated 6/10/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/7/2026-3.8%-8.7%-3.8%
2/26/2026-1.5%-4.1%5.1%
11/6/2025-1.6%21.9%35.6%
8/7/2025-4.2%1.6%15.2%
5/8/20251.2%0.2%5.0%
3/3/2025-2.4%7.0%-15.9%
11/7/2024-3.2%-9.2%-11.0%
8/8/20242.0%7.4%10.3%
...
SUMMARY STATS   
# Positive7128
# Negative14913
Median Positive4.6%6.7%11.6%
Median Negative-2.8%-6.3%-8.3%
Max Positive10.3%21.9%35.6%
Max Negative-7.3%-15.4%-31.2%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/7/2026-3.8%-8.7%-3.8%
2/26/2026-1.5%-4.1%5.1%
11/6/2025-1.6%21.9%35.6%
8/7/2025-4.2%1.6%15.2%
5/8/20251.2%0.2%5.0%
3/3/2025-2.4%7.0%-15.9%
11/7/2024-3.2%-9.2%-11.0%
8/8/20242.0%7.4%10.3%
5/9/2024-4.3%-15.4%-15.5%
2/22/2024-0.7%-4.9%-3.5%
11/9/2023-7.3%6.3%13.0%
8/10/20233.9%11.4%-3.4%
5/11/2023-4.0%-6.3%-2.8%
2/23/2023-2.0%-2.7%-31.2%
11/3/20226.8%0.0%-5.7%
8/4/202210.3%13.4%14.3%
5/11/2022-3.8%0.4%-12.2%
2/24/20224.6%1.7%-14.6%
11/10/2021-2.2%-0.1%-3.2%
8/9/2021-2.2%-10.6%-8.3%
5/13/202110.0%12.5%3.3%
SUMMARY STATS   
# Positive7128
# Negative14913
Median Positive4.6%6.7%11.6%
Median Negative-2.8%-6.3%-8.3%
Max Positive10.3%21.9%35.6%
Max Negative-7.3%-15.4%-31.2%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/07/202610-Q
12/31/202502/26/202610-K
09/30/202511/06/202510-Q
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202403/03/202510-K
09/30/202411/07/202410-Q
06/30/202408/08/202410-Q
03/31/202405/09/202410-Q
12/31/202302/22/202410-K
09/30/202311/09/202310-Q
06/30/202308/10/202310-Q
03/31/202305/11/202310-Q
12/31/202202/23/202310-K
09/30/202211/03/202210-Q
06/30/202208/04/202210-Q
Collapse to Preview
Report DateFiling DateFiling
03/31/202605/07/202610-Q
12/31/202502/26/202610-K
09/30/202511/06/202510-Q
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202403/03/202510-K
09/30/202411/07/202410-Q
06/30/202408/08/202410-Q
03/31/202405/09/202410-Q
12/31/202302/22/202410-K
09/30/202311/09/202310-Q
06/30/202308/10/202310-Q
03/31/202305/11/202310-Q
12/31/202202/23/202310-K
09/30/202211/03/202210-Q
06/30/202208/04/202210-Q
03/31/202205/11/202210-Q
12/31/202102/24/202210-K
09/30/202111/10/202110-Q
06/30/202108/09/202110-Q
03/31/202105/13/202110-Q
12/31/202003/26/2021424B4

Insider Activity

Updated 7/1/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Donovan, Joanne MCMODirectSell504202638.5750,0001,928,400168,426Form
2Donovan, Joanne MCMODirectSell504202631.295,230163,663136,657Form
3Donovan, Joanne MCMODirectSell401202632.3128,662926,095310,088Form
4Donovan, Joanne MCMODirectSell330202630.9816,358506,735297,294Form
5Edris, BadreddinDirectSell121202629.44115,4713,399,466583,501Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Donovan, Joanne MCMODirectSell504202638.5750,0001,928,400168,426Form
2Donovan, Joanne MCMODirectSell504202631.295,230163,663136,657Form
3Donovan, Joanne MCMODirectSell401202632.3128,662926,095310,088Form
4Donovan, Joanne MCMODirectSell330202630.9816,358506,735297,294Form
5Edris, BadreddinDirectSell121202629.44115,4713,399,466583,501Form
6Russell, Alan JChief Scientific OfficerDirectSell1113202521.12100,0002,112,450494,313Form
7Fox, Jonathan CDirectBuy1113202518.6410,700199,403441,706Form
8Russell, Alan JChief Scientific OfficerDirectSell828202514.60100,0001,459,760341,584Form
9Moore, John RGeneral CounselDirectSell814202513.392,09828,097136,790Form
10Derakhshan, BehradChief Business OfficerDirectSell814202513.392,49133,360316,663Form
11Carruthers, R MichaelChief Financial OfficerDirectSell814202513.391,42819,1241,153,916Form
12Russell, Alan JChief Scientific OfficerDirectSell814202513.391,90725,539313,382Form
13Koch, KevinPresident and CEODirectSell814202513.397,972106,764410,008Form
14Donovan, Joanne MCMODirectSell814202513.392,86238,329339,645Form
Core Cache Last Updated: 7/8/2026