Q1 Earnings Forecast for ACRV Issued By HC Wainwright

Acrivon Therapeutics, Inc. (NASDAQ:ACRVFree Report) – Investment analysts at HC Wainwright issued their Q1 2025 earnings per share (EPS) estimates for Acrivon Therapeutics in a note issued to investors on Wednesday, March 26th. HC Wainwright analyst E. Bodnar expects that the company will post earnings per share of ($0.63) for the quarter. HC Wainwright currently has a “Buy” rating and a $19.00 target price on the stock. The consensus estimate for Acrivon Therapeutics’ current full-year earnings is ($2.49) per share. HC Wainwright also issued estimates for Acrivon Therapeutics’ Q2 2025 earnings at ($0.53) EPS, Q3 2025 earnings at ($0.54) EPS, Q4 2025 earnings at ($0.56) EPS, FY2025 earnings at ($2.30) EPS, FY2026 earnings at ($2.77) EPS, FY2027 earnings at ($2.31) EPS and FY2028 earnings at ($1.96) EPS.

Acrivon Therapeutics (NASDAQ:ACRVGet Free Report) last announced its quarterly earnings results on Thursday, March 27th. The company reported ($0.60) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.66) by $0.06.

Several other research analysts also recently commented on ACRV. KeyCorp initiated coverage on Acrivon Therapeutics in a report on Friday, January 31st. They set an “overweight” rating on the stock. Cantor Fitzgerald reissued an “overweight” rating on shares of Acrivon Therapeutics in a research report on Wednesday. Eight research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $23.17.

Get Our Latest Report on ACRV

Acrivon Therapeutics Stock Down 11.1 %

Shares of Acrivon Therapeutics stock opened at $2.24 on Friday. The stock has a market cap of $69.74 million, a price-to-earnings ratio of -0.83 and a beta of 0.85. Acrivon Therapeutics has a twelve month low of $2.14 and a twelve month high of $11.90. The company’s fifty day moving average is $5.35 and its 200 day moving average is $6.53.

Institutional Investors Weigh In On Acrivon Therapeutics

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ACRV. Acorn Capital Advisors LLC bought a new position in shares of Acrivon Therapeutics in the fourth quarter worth $2,440,000. Exome Asset Management LLC bought a new position in Acrivon Therapeutics in the 3rd quarter worth $817,000. State Street Corp boosted its position in Acrivon Therapeutics by 26.4% during the 3rd quarter. State Street Corp now owns 225,896 shares of the company’s stock valued at $1,581,000 after acquiring an additional 47,233 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Acrivon Therapeutics by 548.3% in the third quarter. JPMorgan Chase & Co. now owns 33,991 shares of the company’s stock worth $238,000 after purchasing an additional 28,748 shares in the last quarter. Finally, OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Acrivon Therapeutics by 29.7% in the fourth quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 102,784 shares of the company’s stock worth $619,000 after purchasing an additional 23,535 shares during the period. 71.62% of the stock is currently owned by institutional investors.

About Acrivon Therapeutics

(Get Free Report)

Acrivon Therapeutics, Inc, a clinical stage biopharmaceutical company, engages in developing oncology medicines for the patients whose tumors are predicted to be sensitive to each specific medicine by utilizing its proteomics-based patient responder identification platform. The company's Acrivon Predictive Precision Proteomics, a precision medicine platform enables the creation of drug specific proprietary OncoSignature companion diagnostics that are used to identify the patients to benefit from its drug candidates.

See Also

Earnings History and Estimates for Acrivon Therapeutics (NASDAQ:ACRV)

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