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Oppenheimer Reaffirms Outlook on CRISPR Therapeutics (CRSP) After Encouraging Q3 Earnings Performance
Yahoo Finance· 2025-11-25 13:39
CRISPR Therapeutics AG (NASDAQ:CRSP) ranks among the most oversold biotech stocks to invest in. Following the company’s third-quarter financial results, Oppenheimer reaffirmed its Outperform rating and $95 price target for CRISPR Therapeutics AG (NASDAQ:CRSP) on November 11. CRISPR Therapeutics AG (NASDAQ:CRSP) reported a lower-than-anticipated loss of $1.17 per share against the expected $1.26 per share, largely due to reduced R&D spending of $59 million compared to the expected $88 million. Pixabay/Pub ...
RBC Capital Lifts CRISPR Therapeutics (CRSP) Target to $50, Keeps Sector Perform
Yahoo Finance· 2025-11-18 09:45
CRISPR Therapeutics AG (NASDAQ:CRSP) is one of the best gene-editing stocks to buy according to hedge funds. On November 11, RBC Capital raised its price target for CRISPR Therapeutics AG (NASDAQ:CRSP) stock from $42 to $50. The firm kept the Sector Perform rating on the shares. RBC Capital Lifts CRISPR Therapeutics (CRSP) Target to $50, Keeps Sector Perform The analysts noted that CASGEVY, CRISPR’s leading product, missed its sales expectations in Q3 2025 – revenue from the product was $17 million, comp ...
Cibus Announces the Election of Craig Wichner to Board of Directors
Globenewswire· 2025-11-11 12:00
Core Insights - Cibus, Inc. has elected Craig Wichner to its Board of Directors, emphasizing the company's commitment to long-term shareholder value and business growth [1] - Wichner's expertise in sustainable growth and capital strategy in agriculture is expected to enhance Cibus' market position and shareholder value as the company prepares for commercial scaling of its trait platform [2][3] Company Overview - Cibus is a leader in developing traits that address productivity, yield, and sustainability challenges in agriculture, utilizing proprietary high-throughput gene-editing technologies [4] - The company focuses on licensing plant traits to seed companies rather than being a seed company itself, aiming to reduce the time and cost associated with conventional breeding [4] Leadership Background - Craig Wichner is the Founder and Managing Partner of Farmland LP, managing over $350 million in assets and 19,000 acres, recognized for promoting regenerative and organic farming practices [2][3] - Wichner has a diverse background in technology, real estate investment, and agribusiness development, holding a Bachelor of Science in Biochemistry and Molecular Biology with a minor in Economics [3]
BMO Reaffirms Outperform on CRISPR Therapeutics (CRSP) After Sirius Collaboration
Yahoo Finance· 2025-10-02 05:35
Group 1: Company Overview - CRISPR Therapeutics AG (NASDAQ:CRSP) is recognized as a leading biotech stock, particularly noted for its gene-editing technology and proprietary gene sequencing platform aimed at developing precise treatments for diseases requiring DNA modification [3]. Group 2: Recent Developments - The company has entered into a collaboration with Sirius on FXI siRNA SRSD107, leading to the initiation of a Phase II trial focused on the prevention of venous thromboembolism (VTE), which does not involve gene editing [1]. - BMO Capital has reaffirmed an Outperform rating and a price target of $75 for CRISPR Therapeutics AG following this collaboration [1]. Group 3: Market Potential - Clinical studies indicate that FXI is a promising target that could disrupt the $15 billion thromboembolism market, which is currently dominated by Factor X-targeting medications [2]. - Approximately 40% of individuals with atrial fibrillation are either untreated or only partially treated, highlighting a significant demand for innovative treatments in this sector [2].
CRISPR Therapeutics AG (CRSP) William Blair's 45th Annual Growth Stock Conference (Transcript)
Seeking Alpha· 2025-06-03 20:07
Core Insights - CRISPR Therapeutics is focused on creating transformative gene-based medicines for serious diseases [3] - The company has made progress with its therapy CASGEVY, which is being commercialized in partnership with Vertex [4] - Several clinical trials are ongoing, with readouts expected in the next 6 to 12 months that will influence the company's strategic direction [4] - The company has multiple preclinical programs and aims to expand its pipeline significantly over the long term [5] Company Overview - Raju Prasad, the Chief Financial Officer, provided an overview of the company's goals and current projects [2] - The company is leveraging its gene-editing technology to develop additional products beyond CASGEVY [4] - Resource allocation is a consideration for the company as it seeks to grow its offerings sustainably [5]
Cellectis Charts Course for 2025 With Boost From AstraZeneca Deal
MarketBeat· 2025-04-22 13:00
Core Insights - Cellectis S.A. is a clinical-stage biotechnology company focused on developing 'off-the-shelf' cancer immunotherapies using gene-editing technology, entering a pivotal stage following a strategic investment from AstraZeneca [1][3] Financial Position - Cellectis has strengthened its financial position, reporting $264 million in cash and equivalents as of December 31, 2024, up from $156 million at the end of 2023, primarily due to AstraZeneca's $140 million equity investment and a $45.48 million credit facility from the European Investment Bank [8][9] - The cash runway extends into mid-2027, allowing the company to focus on its allogeneic candidates and critical clinical data releases expected in 2025 [2][10] Strategic Partnership - AstraZeneca's investment includes acquiring preferred shares at $5.00 each, potentially giving it up to 44% ownership upon full conversion and about 30% of current voting rights [3][4] - The partnership involves a significant research collaboration, granting AstraZeneca exclusive rights to 25 genetic targets and the option to develop up to 10 candidate products [5][6] Development Programs - Initial development is underway on three programs: two CAR-T therapies targeting hematological malignancies and solid tumors, and one in vivo gene therapy for a genetic disorder [5] - By the end of 2024, Cellectis had received $47 million under the collaboration agreement, including a $25 million upfront payment and $22 million in development milestones [6][7] Market Outlook - Cellectis' stock price is currently $1.38, significantly below its 52-week high of $3.38, with analysts maintaining a consensus Buy rating and an average 12-month price target of $7.00, indicating a potential upside of 407.25% [11][12] - The stock exhibits high volatility with a beta of 3.22, reflecting the inherent risks associated with clinical-stage biotechnology firms [11] Future Prospects - Cellectis is positioned for a defining year with a focus on its lead allogeneic CAR-T candidates and anticipated data readouts in 2025, supported by a strong balance sheet and strategic partnership with AstraZeneca [14][15] - The market will closely monitor upcoming clinical updates in 2025, which could significantly reshape the company's valuation and validate its approach to off-the-shelf CAR-T therapies [16]