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RNA
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Avidity Biosciences Inc (RNA)

Upturn stock ratingUpturn stock rating
$29.31
Last Close (24-hour delay)
Profit since last BUY-14.82%
upturn advisory
WEAK BUY
BUY since 13 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
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(see disclosures)
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Upturn Advisory Summary

06/20/2025: RNA (3-star) is a REGULAR-BUY. BUY since 13 days. Profits (-14.82%). Updated daily EoD!

Upturn Star Rating

ratingratingratingratingrating

Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Number of Analysts

rating

15 Analysts rated it

These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.

Year Target Price $69.2

Year Target Price $69.2

Analyst’s Price TargetsFor last 52 week
$69.2Target price
Low$21.51
Current$29.31
high$56

Analysis of Past Performance

Type Stock
Historic Profit 188.92%
Avg. Invested days 35
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/20/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 3.50B USD
Price to earnings Ratio -
1Y Target Price 67.24
Price to earnings Ratio -
1Y Target Price 67.24
Volume (30-day avg) -
Beta 0.95
52 Weeks Range 21.51 - 56.00
Updated Date 06/29/2025
52 Weeks Range 21.51 - 56.00
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -3

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -8360.9%

Management Effectiveness

Return on Assets (TTM) -22.47%
Return on Equity (TTM) -34.19%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 2124791671
Price to Sales(TTM) 391.92
Enterprise Value 2124791671
Price to Sales(TTM) 391.92
Enterprise Value to Revenue 238.02
Enterprise Value to EBITDA -5.72
Shares Outstanding 120520000
Shares Floating 91747772
Shares Outstanding 120520000
Shares Floating 91747772
Percent Insiders 5.17
Percent Institutions 112.42

Analyst Ratings

Rating 4.6
Target Price 69.2
Buy 6
Strong Buy 9
Buy 6
Strong Buy 9
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Avidity Biosciences Inc

stock logo

Company Overview

overview logo History and Background

Avidity Biosciences Inc. was founded in 2012. It's a biopharmaceutical company focused on developing Antibody Oligonucleotide Conjugates (AOCs) as a new class of precision medicines. The company has focused on rare muscle diseases but is expanding into other areas.

business area logo Core Business Areas

  • AOC Platform Technology: Avidity's core platform is based on Antibody Oligonucleotide Conjugates (AOCs) which combine the specificity of antibodies with the precision of oligonucleotide therapies to target the cause of diseases.
  • Drug Development: Avidity is developing a pipeline of AOC therapies for various muscle diseases and other conditions. They conduct research, preclinical studies, and clinical trials to bring these therapies to market.

leadership logo Leadership and Structure

The leadership team includes Sarah Boyce (President and CEO). The organizational structure involves research and development, clinical operations, manufacturing, and commercial functions.

Top Products and Market Share

overview logo Key Offerings

  • AOC 1001 (Delpacibart etedesiran): AOC 1001 is Avidity's lead clinical program being developed for the treatment of myotonic dystrophy type 1 (DM1). Market share is currently negligible as the product is still in development. Competitors include Ionis Pharmaceuticals (IONIS) with Olezarsen, and Biogen (BIIB).
  • AOC 1044: AOC 1044 is a program in preclinical development for Duchenne Muscular Dystrophy (DMD). Market share is currently negligible as the product is still in preclinical. Competitors include Sarepta Therapeutics (SRPT) and Solid Biosciences (SLDB).

Market Dynamics

industry overview logo Industry Overview

The biopharmaceutical industry is competitive and rapidly evolving, with significant investment in research and development. The market for targeted therapies is growing, driven by advances in genomics and personalized medicine.

Positioning

Avidity is positioned as a leader in AOC technology, a novel approach for treating diseases. Its competitive advantage lies in its proprietary AOC platform and its focus on difficult-to-treat diseases.

Total Addressable Market (TAM)

The total addressable market for Avidity's therapies is substantial, given the unmet needs in rare muscle diseases and other potential indications. Market size estimates for DM1 alone are in the billions of dollars annually. Avidity is positioned to capture a significant portion of this market with successful development and commercialization of its AOC therapies.

Upturn SWOT Analysis

Strengths

  • Proprietary AOC technology platform
  • Strong intellectual property portfolio
  • Experienced management team
  • Targeting diseases with high unmet medical needs
  • Promising preclinical and clinical data

Weaknesses

  • Early-stage company with no approved products
  • Dependence on the success of its AOC platform
  • High cash burn rate
  • Reliance on collaborations for some aspects of development
  • Potential for clinical trial failures

Opportunities

  • Expansion of AOC platform to new disease areas
  • Potential for strategic partnerships and collaborations
  • Positive clinical trial results could drive significant value
  • Increasing demand for targeted therapies
  • Orphan drug designation and other regulatory incentives

Threats

  • Clinical trial failures
  • Competition from established pharmaceutical companies
  • Regulatory hurdles
  • Intellectual property challenges
  • Economic downturn impacting funding

Competitors and Market Share

competitor logo Key Competitors

  • IONIS
  • SRPT
  • BIIB

Competitive Landscape

Avidity's AOC platform offers a unique approach compared to traditional oligonucleotide therapies and gene therapies. It faces competition from companies with established products in the muscle disease space, but its AOC technology could provide a competitive advantage.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is primarily reflected in the expansion of its pipeline and advancements in its AOC platform.

Future Projections: Future projections are highly dependent on the success of clinical trials, particularly AOC 1001. Analyst estimates vary widely. Expect growth in R&D, and potentially in revenue if clinical trials are successful.

Recent Initiatives: Recent initiatives include advancing AOC 1001 through clinical trials, expanding the AOC platform to new disease areas, and exploring strategic collaborations.

Summary

Avidity Biosciences is a promising early-stage biotech company with a novel AOC platform. Its strength lies in this innovative technology and its focus on diseases with unmet needs. However, it is a high-risk investment due to its early stage of development and reliance on clinical trial success. Potential investors should closely monitor clinical trial results and regulatory developments.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Avidity Biosciences Inc. website
  • Company SEC filings
  • Analyst reports
  • Industry publications

Disclaimers:

The information provided is for informational purposes only and should not be construed as investment advice. The analysis is based on publicly available information and may be subject to change. Investments in biotech companies are highly speculative and involve significant risks.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Avidity Biosciences Inc

Exchange NASDAQ
Headquaters San Diego, CA, United States
IPO Launch date 2013-06-28
President, CEO & Director Ms. Sarah Boyce
Sector Healthcare
Industry Biotechnology
Full time employees 391
Full time employees 391

Avidity Biosciences, Inc., a biopharmaceutical company, engages in the delivery of RNA therapeutics called antibody oligonucleotide conjugates (AOCs). Its AOC platform is designed to combine the specificity of monoclonal antibodies with the precision of RNA therapeutics to target the root cause of diseases previously untreatable with such therapeutics. The company's pipeline has three programs in registrational clinical trials, such as Delpacibart etedesiran, which is in Phase 3 development stage for the treatment of people with myotonic dystrophy type 1; Delpacibart braxlosiran that is in Phase 1/2 development stage for treating facioscapulohumeral muscular dystrophy; and Delpacibart zotadirsen, which is in the Phase 2 EXPLORE44 open-label extension study for the treatment of Duchenne muscular dystrophy. The company is also developing precision cardiology candidates targeting rare genetic cardiomyopathies, including AOC 1086 for phospholamban cardiomyopathy and AOC 1072 for protein kinase AMP-activated non-catalytic subunit gamma 2 syndrome. Avidity Biosciences, Inc. was incorporated in 2012 and is headquartered in San Diego, California.