Growth Story Still Intact For Avidity Biosciences Inc (RNA)

Avidity Biosciences Inc (RNA) concluded trading on Wednesday at a closing price of $31.27, with 4.82 million shares of worth about $150.67 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 2.52% during that period and on July 09, 2025 the price saw a gain of about 6.91%. Currently the company’s common shares owned by public are about 120.51M shares, out of which, 109.84M shares are available for trading.

Stock saw a price change of 9.87% in past 5 days and over the past one month there was a price change of -13.71%. Year-to-date (YTD), RNA shares are showing a performance of -19.82% which increased to 7.53% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $21.51 but also hit the highest price of $56.00 during that period. The average intraday trading volume for Avidity Biosciences Inc shares is 1.39 million. The stock is currently trading 4.33% above its 20-day simple moving average (SMA20), while that difference is up 2.02% for SMA50 and it goes to -9.64% lower than SMA200.

Avidity Biosciences Inc (NASDAQ: RNA) currently have 120.51M outstanding shares and institutions hold larger chunk of about 107.70% of that.

The stock has a current market capitalization of $3.77B and its 3Y-monthly beta is at 0.93. It has posted earnings per share of -$3.01 in the same period. It has Quick Ratio of 16.91 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RNA, volatility over the week remained 4.65% while standing at 5.57% over the month.

Analysts are in expectations that Avidity Biosciences Inc (RNA) stock would likely to be making an EPS of -0.95 in the current quarter, while forecast for next quarter EPS is -1.02 and it is -4.39 for next year. For the current quarter EPS, analysts have given the company a lowest target -1.33 which is -0.55 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.65 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -36.11% while it is estimated to decrease by -11.63% in next year. EPS is likely to grow at an annualized rate of -4.03% for next 5-years, compared to annual growth of -34.37% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Bernstein on June 24, 2025 offering an Outperform rating for the stock and assigned a target price of $50 to it. Coverage by Wolfe Research stated Avidity Biosciences Inc (RNA) stock as an Outperform in their note to investors on June 17, 2025, suggesting a price target of $55 for the stock. On June 11, 2025, Raymond James Initiated their recommendations, while on March 13, 2025, Citigroup Initiated their ratings for the stock with a price target of $70. Stock get an Outperform rating from BMO Capital Markets on March 12, 2025.

Related Posts

Life Telegraph
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.