This company has been acquired
Pardes Biosciences (PRDS) Stock Overview
Pardes Biosciences, Inc., a clinical stage biopharmaceutical company, focuses on discovering, developing, and commercializing novel therapeutics to treat and prevent viral diseases. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
PRDS Community Fair Values
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Pardes Biosciences, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$2.16 |
| 52 Week High | US$3.67 |
| 52 Week Low | US$0.75 |
| Beta | 0.42 |
| 1 Month Change | 2.37% |
| 3 Month Change | 14.29% |
| 1 Year Change | -40.00% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -79.98% |
Recent News & Updates
We're Keeping An Eye On Pardes Biosciences' (NASDAQ:PRDS) Cash Burn Rate
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...Here's Why We're Watching Pardes Biosciences' (NASDAQ:PRDS) Cash Burn Situation
Just because a business does not make any money, does not mean that the stock will go down. For example, although...Recent updates
Shareholder Returns
| PRDS | US Biotechs | US Market | |
|---|---|---|---|
| 7D | 0.5% | -0.9% | -2.4% |
| 1Y | -40.0% | 25.7% | 21.5% |
Return vs Industry: PRDS underperformed the US Biotechs industry which returned 7.4% over the past year.
Return vs Market: PRDS underperformed the US Market which returned 11.7% over the past year.
Price Volatility
| PRDS volatility | |
|---|---|
| PRDS Average Weekly Movement | 5.0% |
| Biotechs Industry Average Movement | 10.6% |
| Market Average Movement | 7.3% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: PRDS has not had significant price volatility in the past 3 months.
Volatility Over Time: PRDS's weekly volatility has decreased from 12% to 5% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2020 | 57 | Tom Wiggans | www.pardesbio.com |
Pardes Biosciences, Inc., a clinical stage biopharmaceutical company, focuses on discovering, developing, and commercializing novel therapeutics to treat and prevent viral diseases. The company was incorporated in 2020 and is headquartered in Carlsbad, California.
Pardes Biosciences, Inc. Fundamentals Summary
| PRDS fundamental statistics | |
|---|---|
| Market cap | US$131.19m |
| Earnings (TTM) | -US$76.14m |
| Revenue (TTM) | n/a |
Is PRDS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PRDS income statement (TTM) | |
|---|---|
| Revenue | US$0 |
| Cost of Revenue | US$0 |
| Gross Profit | US$0 |
| Other Expenses | US$76.14m |
| Earnings | -US$76.14m |
Last Reported Earnings
Jun 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.25 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0% |
How did PRDS perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/09/01 21:44 |
| End of Day Share Price | 2023/08/30 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Pardes Biosciences, Inc. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Douglas Buchanan | Citizens JMP Securities, LLC |
| Yuchen Ding | Jefferies LLC |
| Roanna Clarissa Ruiz | Leerink Partners LLC |