NASDAQ:LXEO

Lexeo Therapeutics (LXEO) Stock Price, News & Analysis

$12.24
-0.06 (-0.49%)
(As of 10:45 AM ET)
Today's Range
$12.18
$12.48
50-Day Range
$12.05
$16.58
52-Week Range
$9.00
$22.33
Volume
20,106 shs
Average Volume
106,187 shs
Market Capitalization
$403.19 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$20.80

Lexeo Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
69.9% Upside
$20.80 Price Target
Short Interest
Bearish
5.21% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.42mentions of Lexeo Therapeutics in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.17 out of 5 stars

Medical Sector

774th out of 924 stocks

Biological Products, Except Diagnostic Industry

129th out of 150 stocks

LXEO stock logo

About Lexeo Therapeutics Stock (NASDAQ:LXEO)

Lexeo Therapeutics, Inc. operates as a clinical stage genetic medicine company that focuses on hereditary and acquired diseases. The company develops LX2006, which is an AAVrh10-based gene therapy candidate for the treatment of Friedreich's ataxia (FA) cardiomyopathy; LX2020, an AAVrh10-based gene therapy candidate for the treatment of plakophilin-2 arrhythmogenic cardiomyopathy; LX2021, a gene therapy candidate for the treatment of DSP cardiomyopathy associated with it; and LX2022, a gene therapy candidate for the treatment of hypertrophic cardiomyopathy, or HCM caused by TNNI3 gene. It also develops LX1001, an AAVrh10-based gene therapy candidate for the treatment of APOE4 homozygous; LX1020, a gene therapy candidate for the treatment of APOE4 homozygous; LX1021 for the treatment of APOE4 homozygotes; and LX1004 for the treatment of CLN2 Batten disease. The company was incorporated in 2017 and is based in New York, New York.

LXEO Stock Price History

LXEO Stock News Headlines

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LXEO Lexeo Therapeutics, Inc.
Lexeo Therapeutics, Inc. (LXEO) Receives a Buy from RBC Capital
See More Headlines
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Company Calendar

Last Earnings
3/11/2024
Today
5/02/2024
Next Earnings (Estimated)
6/10/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Current Symbol
NASDAQ:LXEO
Previous Symbol
NASDAQ:LXEO
Fax
N/A
Employees
58
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.80
High Stock Price Target
$23.00
Low Stock Price Target
$19.00
Potential Upside/Downside
+69.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$650,000.00
Book Value
$4.26 per share

Miscellaneous

Free Float
N/A
Market Cap
$403.19 million
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. R. Nolan Townsend (Age 43)
    CEO & Director
    Comp: $864.34k
  • Dr. Eric Adler M.D. (Age 50)
    Chief Medical Officer & Head of Research
    Comp: $623.4k
  • Ms. Jenny R. Robertson (Age 49)
    Chief Business & Legal Officer
    Comp: $617.9k
  • Dr. Ronald G. Crystal M.D.
    Co-Founder, Chief Scientific Advisor & Member of Scientific Advisory Board
  • Dr. Paul B. McCormac Ph.D. (Age 54)
    Chief Technical Officer
    Comp: $471.73k
  • Dr. Jordan Shin M.D.
    Ph.D., Senior Vice President of Clinical Development & Translational Science, Cardiology
  • Dr. Jordan S. Dubow M.D. (Age 45)
    Head of CNS Clinical Development
  • Dr. Sandi See Tai M.D. (Age 53)
    Chief Development Officer
  • Mr. Ryan McHenry
    VP & Corporate Controller

LXEO Stock Analysis - Frequently Asked Questions

Should I buy or sell Lexeo Therapeutics stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lexeo Therapeutics in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LXEO shares.
View LXEO analyst ratings
or view top-rated stocks.

What is Lexeo Therapeutics' stock price target for 2024?

6 brokerages have issued 1 year price targets for Lexeo Therapeutics' stock. Their LXEO share price targets range from $19.00 to $23.00. On average, they predict the company's share price to reach $20.80 in the next twelve months. This suggests a possible upside of 69.9% from the stock's current price.
View analysts price targets for LXEO
or view top-rated stocks among Wall Street analysts.

How have LXEO shares performed in 2024?

Lexeo Therapeutics' stock was trading at $13.42 at the beginning of the year. Since then, LXEO shares have decreased by 8.8% and is now trading at $12.24.
View the best growth stocks for 2024 here
.

Are investors shorting Lexeo Therapeutics?

Lexeo Therapeutics saw a increase in short interest in March. As of March 31st, there was short interest totaling 783,500 shares, an increase of 63.4% from the March 15th total of 479,500 shares. Based on an average daily volume of 106,600 shares, the days-to-cover ratio is currently 7.3 days. Approximately 4.9% of the company's shares are sold short.
View Lexeo Therapeutics' Short Interest
.

When is Lexeo Therapeutics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, June 10th 2024.
View our LXEO earnings forecast
.

How were Lexeo Therapeutics' earnings last quarter?

Lexeo Therapeutics, Inc. (NASDAQ:LXEO) released its quarterly earnings results on Monday, March, 11th. The company reported ($0.86) earnings per share for the quarter, missing analysts' consensus estimates of ($0.71) by $0.15.

When did Lexeo Therapeutics IPO?

Lexeo Therapeutics (LXEO) raised $100 million in an initial public offering (IPO) on Friday, November 3rd 2023. The company issued 9,090,910 shares at $11.00 per share.

When did the company's lock-up period expire?

Lexeo Therapeutics' lock-up period expired on Wednesday, May 1st. Lexeo Therapeutics had issued 9,090,910 shares in its initial public offering on November 3rd. The total size of the offering was $100,000,010 based on an initial share price of $11.00. Shares of the company owned by major shareholders and company insiders are now eligible to be traded as a result of the end of the lock-up period.

Who are Lexeo Therapeutics' major shareholders?

Lexeo Therapeutics' stock is owned by a number of retail and institutional investors. Top institutional investors include Cornell University (0.38%) and BNP Paribas Financial Markets (0.01%).
View institutional ownership trends
.

How do I buy shares of Lexeo Therapeutics?

Shares of LXEO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LXEO) was last updated on 5/2/2024 by MarketBeat.com Staff

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