Acrivon Therapeutics Q3 net loss narrows to $18.2 mln

Reuters
2025/11/14
Acrivon <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Q3 net loss narrows to $18.2 mln

Overview

  • Acrivon Q3 net loss narrows to $18.2 mln from $22.4 mln last year

  • Research and development expenses fell due to fewer milestones and focus on endometrial cancer

  • Company has $134.4 mln in cash, funding operations into Q2 2027

Outlook

  • Company expects cash to fund operations into Q2 2027

Result Drivers

  • Research and development expenses were $13.6 million for the quarter ended September 30, 2025, compared to $18.9 million for the same period in 2024.

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Net Income

-$18.23 mln

Q3 Basic EPS

-$0.47

Q3 Income From Operations

-$19.69 mln

Q3 Operating Expenses

$19.69 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the biotechnology & medical research peer group is "buy"

  • Wall Street's median 12-month price target for Acrivon Therapeutics Inc is $10.50, about 78.3% above its November 12 closing price of $2.28

Press Release: ID:nGNX76MHbB

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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