Crinetics Pharmaceuticals, Inc. (CRNX)
| Market Cap | 8.81B +204.0% |
| Revenue (ttm) | 18.07M +2,277.5% |
| Net Income | -496.39M |
| EPS | -5.13 |
| Shares Out | 105.44M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 7,355,510 |
| Open | 83.61 |
| Previous Close | 83.62 |
| Day's Range | 83.58 - 83.76 |
| 52-Week Range | 25.83 - 83.76 |
| Beta | 0.23 |
| Analysts | Hold |
| Price Target | 82.50 (-1.29%) |
| Earnings Date | Aug 4, 2026 |
About CRNX
Crinetics Pharmaceuticals, Inc., a clinical-stage pharmaceutical company, focuses on the discovery, development, and commercialization of novel therapeutics for rare endocrine diseases and endocrine-related tumors. The company’s lead product candidate is Paltusotine, an oral selective nonpeptide somatostatin receptor type 2 agonist, which is in a Phase 3 clinical trial for the treatment of acromegaly and carcinoid syndrome associated with neuroendocrine tumors. It is also developing Atumelnant, an investigational oral nonpeptide product candida... [Read more]
Financial Performance
In 2025, Crinetics Pharmaceuticals's revenue was $7.70 million, an increase of 640.71% compared to the previous year's $1.04 million. Losses were -$465.32 million, 55.9% more than in 2024.
Financial StatementsAnalyst Summary
According to 14 analysts, the average rating for CRNX stock is "Hold." The 12-month stock price target is $82.5, which is a decrease of -1.29% from the latest price.
News
Crinetics Pharmaceuticals Proxy statement: Proxy filing
Crinetics Pharmaceuticals filed a proxy statement on July 10, 2026, providing details for shareholder voting and corporate governance matters.
Crinetics downgraded to Hold from Buy at Stifel
Stifel analyst Alex Thompson downgraded Crinetics (CRNX) to Hold from Buy with a price target of $85, up from $83, after Vertex Pharmaceuticals (VRTX) agreed to acquire the company for…
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Crinetics downgraded to In Line from Outperform at Evercore ISI
Evercore ISI downgraded Crinetics (CRNX) to In Line from Outperform with a price target of $85, down from $88, after Vertex Pharmaceuticals (VRTX) agreed to acquire the company for $85…
Crinetics downgraded to Hold from Buy at TD Cowen
TD Cowen analyst Tyler Van Buren downgraded Crinetics (CRNX) to Hold from Buy with no price target after Vertex Pharmaceuticals (VRTX) announced an agreement to acquire the the company for…
Crinetics downgraded to Market Perform from Outperform at Citizens
Citizens analyst Jonathan Wolleben downgraded Crinetics (CRNX) to Market Perform from Outperform after Vertex Pharmaceuticals (VRTX) agreed to acquire the company for $85 per share in cash. Published ...
Crinetics downgraded to Hold from Buy at Jefferies
Jefferies downgraded Crinetics (CRNX) to Hold from Buy with a price target of $85, up from $55, after the company announced it will be acquired by Vertex Pharmaceuticals (VRTX) for…
Wedbush sees BioCryst, Ascendis as potential next targets after Crinetics deal
Wedbush notes that Vertex Pharmaceuticals (VRTX) agreed to acquire Crinetics Pharmaceuticals (CRNX) for $85/share in cash. Crinetics now trades essentially at the deal price, reflecting high confidenc...
Crinetics shares surge after Vertex agrees to $10B cash buyout
Crinetics Pharmaceuticals shares surged after Vertex Pharmaceuticals announced an agreement to acquire the endocrinology-focused biotech company in a deal valued at approximately $10 billion. The all-...
Crinetics downgraded to Hold from Buy at JonesResearch
JonesResearch downgraded Crinetics (CRNX) to Hold from Buy with an $85 price target after Vertex Pharmaceuticals (VRTX) agreed to acquire the company for $85 per share in cash. Published first…
SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Crinetics Pharmaceuticals, Inc. (CRNX)
Bala Cynwyd, Pennsylvania--(Newsfile Corp. - July 7, 2026) - Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Crinetics Pharmaceutica...
Crinetics downgraded to Neutral from Overweight at Piper Sandler
Piper Sandler analyst Yasmeen Rahimi downgraded Crinetics (CRNX) to Neutral from Overweight after Vertex Pharmaceuticals (VRTX) agreed to acquire the company for $85 per share in cash. Published first...
Vertex adds ‘genuine fifth commercial pillar’ with deal, says H.C. Wainwright
After Vertex Pharmaceuticals’ (VRTX) announcement of an agreement to acquire Crinetics (CRNX) for $85 per share in cash, H.C. Wainwright analyst Andrew Fein thinks “the most important question” is wha...
Crinetics downgraded to Neutral from Buy at H.C. Wainwright
H.C. Wainwright downgraded Crinetics (CRNX) to Neutral from Buy with an $85 price target following Vertex Pharmaceuticals’ (VRTX) announcement of an agreement to acquire the company for $85 per share…
This Biotech Stock Is Soaring 99% After Vertex Agrees to Takeover Deal
Vertex Pharmaceuticals is buying an endocrine treatment specialist for $10 billion.
Crinetics price target raised to $85 from $62 at Baird
Baird raised the firm’s price target on Crinetics (CRNX) to $85 from $62 and keeps an Outperform rating on the shares. The firm updated its model after Vertex Pharmaceuticals (VRTX)…
Samsung, Micron, Rivian, SpaceX, Crinetics, and More Stocks That Explain Today's Market
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Crinetics downgraded to Perform from Outperform at Oppenheimer
Oppenheimer downgraded Crinetics (CRNX) to Perform from Outperform with no price target after Vertex Pharmaceuticals (VRTX) announced an agreement to acquire the company for $85 per share in cash. The...
Why Is Crinetics Stock (CRNX) Surging Nearly 100% in Pre-Market Today, 7/7/26? Analysts React
Crinetics Pharmaceuticals ($CRNX) stock surged nearly 100% in pre-market trading on Tuesday after Vertex Pharmaceuticals ($VRTX) agreed to acquire the biotech company in a deal valued at about $10 bil...
Crinetics downgraded to Neutral from Overweight at Cantor Fitzgerald
Cantor Fitzgerald analyst Josh Schimmer downgraded Crinetics (CRNX) to Neutral from Overweight after Vertex Pharmaceuticals (VRTX) announced an agreement to acquire the company for $85.00 per share in...
Vertex Pharmaceuticals to Acquire Crinetics Pharmaceuticals for $10 Billion
The acquisition would add to Vertex's pipeline and potentially grow its annual revenue by $5 billion with the addition of Crinetics-developed drugs Palsonify and Atumelnant, the company said.
Vertex to buy Crinetics in $10 billion deal
Vertex Pharmaceuticals will buy Crinetics Pharmaceuticals for a total equity value of about $10 billion, the companies said on Monday.
Vertex to Acquire Crinetics Pharmaceuticals
BOSTON & SAN DIEGO--(BUSINESS WIRE)--Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) and Crinetics Pharmaceuticals, Inc. (Nasdaq: CRNX), a global pharmaceutical company focused on the discovery, de...