Avidity Biosciences Future Growth
Future criteria checks 2/6
Avidity Biosciences is forecast to grow earnings and revenue by 34.3% and 57.1% per annum respectively while EPS is expected to grow by 34.4% per annum.
Key information
34.3%
Earnings growth rate
34.4%
EPS growth rate
| Biotechs earnings growth | 27.2% |
| Revenue growth rate | 57.1% |
| Future return on equity | n/a |
| Analyst coverage | Good |
| Last updated | 21 Jan 2025 |
Recent future growth updates
Recent updates
Companies Like Avidity Biosciences (NASDAQ:RNA) Are In A Position To Invest In Growth
Jan 01
Avidity Biosciences: Intriguing Oligonucleotide Program To Monitor Over Longer Term
Oct 02Avidity: Moving RNA Development Landscape Forward Towards Rare Muscle Disorders
Aug 16Avidity Biosciences, Inc. (NASDAQ:RNA) Released Earnings Last Week And Analysts Lifted Their Price Target To US$66.67
Aug 14Estimating The Intrinsic Value Of Avidity Biosciences, Inc. (NASDAQ:RNA)
Aug 11Avidity Biosciences: Muscular Dystrophy Breakthrough Propels To A 'Buy' Upgrade
Jun 14Avidity Biosciences: Strong Buy With Promising RNA Therapeutics Pipeline
May 19Here's Why We're Not Too Worried About Avidity Biosciences' (NASDAQ:RNA) Cash Burn Situation
Mar 01Avidity Biosciences: DMD Advancement And 2024 Catalysts Make It A Must-Watch
Feb 29Is Avidity Biosciences (NASDAQ:RNA) In A Good Position To Deliver On Growth Plans?
Nov 04Here's Why We're Not Too Worried About Avidity Biosciences' (NASDAQ:RNA) Cash Burn Situation
Apr 08Here's Why We're Not Too Worried About Avidity Biosciences' (NASDAQ:RNA) Cash Burn Situation
Nov 17Avidity slips 20% as FDA places lead asset on partial clinical hold
Sep 27We Think Avidity Biosciences (NASDAQ:RNA) Can Afford To Drive Business Growth
Jul 29Avidity stock rises amid Chardan starting coverage with Buy
Jul 20Avidity, Dyn gain as Raymond James turns bullish on targeted oligonucleotides
Jul 12We're Hopeful That Avidity Biosciences (NASDAQ:RNA) Will Use Its Cash Wisely
Mar 26Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2027 | 308 | -293 | -287 | 51 | 5 |
| 12/31/2026 | 24 | -493 | -364 | -435 | 6 |
| 12/31/2025 | 8 | -440 | -354 | -375 | 8 |
| 12/31/2024 | 10 | -322 | -320 | -280 | 8 |
| 9/30/2024 | 10 | -280 | -189 | -184 | N/A |
| 6/30/2024 | 11 | -252 | -159 | -156 | N/A |
| 3/31/2024 | 11 | -229 | -144 | -140 | N/A |
| 12/31/2023 | 10 | -212 | -123 | -119 | N/A |
| 9/30/2023 | 10 | -202 | -179 | -175 | N/A |
| 6/30/2023 | 10 | -193 | -173 | -170 | N/A |
| 3/31/2023 | 10 | -192 | -160 | -156 | N/A |
| 12/31/2022 | 9 | -174 | -139 | -136 | N/A |
| 9/30/2022 | 8 | -162 | -127 | -123 | N/A |
| 6/30/2022 | 8 | -148 | -117 | -112 | N/A |
| 3/31/2022 | 8 | -128 | -109 | -105 | N/A |
| 12/31/2021 | 9 | -118 | -99 | -95 | N/A |
| 9/30/2021 | 10 | -96 | -84 | -82 | N/A |
| 6/30/2021 | 9 | -78 | -72 | -70 | N/A |
| 3/31/2021 | 8 | -62 | -51 | -50 | N/A |
| 12/31/2020 | 7 | -44 | -38 | -37 | N/A |
| 9/30/2020 | 6 | -38 | -30 | -29 | N/A |
| 6/30/2020 | 5 | -34 | -26 | -26 | N/A |
| 3/31/2020 | 4 | -28 | -3 | -3 | N/A |
| 12/31/2019 | 2 | -25 | 2 | 2 | N/A |
| 12/31/2018 | 0 | -11 | -10 | -10 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RNA is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: RNA is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: RNA is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: RNA's revenue (57.1% per year) is forecast to grow faster than the US market (8.8% per year).
High Growth Revenue: RNA's revenue (57.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if RNA's Return on Equity is forecast to be high in 3 years time
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/01 06:55 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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Industry and Sector Metrics
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Analyst Sources
Avidity Biosciences, Inc. is covered by 14 analysts. 8 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 |
|---|---|
| Huidong Wang | Barclays |
| Tazeen Ahmad | BofA Global Research |
| Eric Schmidt | Cantor Fitzgerald & Co. |