Amylyx Pharmaceuticals, Inc. (AMLX)

NASDAQ: AMLX · IEX Real-Time Price · USD
18.48
+0.40 (2.21%)
At close: Sep 22, 2023, 4:00 PM
18.19
-0.29 (-1.57%)
After-hours: Sep 22, 2023, 7:06 PM EDT
2.21%
Market Cap 1.25B
Revenue (ttm) 191.87M
Net Income (ttm) -72.81M
Shares Out 67.38M
EPS (ttm) -1.21
PE Ratio n/a
Forward PE 8.06
Dividend n/a
Ex-Dividend Date n/a
Volume 949,443
Open 18.23
Previous Close 18.08
Day's Range 18.04 - 18.51
52-Week Range 18.03 - 41.93
Beta n/a
Analysts Strong Buy
Price Target 50.50 (+173.27%)
Earnings Date Nov 9, 2023

About AMLX

Amylyx Pharmaceuticals, Inc., a commercial-stage biotechnology company, engages in the discovery and development of treatment for amyotrophic lateral sclerosis (ALS) and neurodegenerative diseases. The company's products include RELYVRIO, a dual UPR-Bax apoptosis inhibitor composed of sodium phenylbutyrate and taurursodiol for the treatment of ALS in adults in the United States and marketed as ALBRIOZA for the treatment of ALS in Canada. It is also developing AMX0114 for other neurodegenerative diseases. The company was founded in 2013 and is h... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Jan 7, 2022
Employees 338
Stock Exchange NASDAQ
Ticker Symbol AMLX
Full Company Profile

Financial Performance

In 2022, AMLX's revenue was $22.23 million, an increase of 7700.00% compared to the previous year's $285,000. Losses were -$198.38 million, 125.6% more than in 2021.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for AMLX stock is "Strong Buy." The 12-month stock price forecast is $50.5, which is an increase of 173.27% from the latest price.

Price Target
$50.5
(173.27% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Amylyx Pharmaceuticals to Participate in Upcoming Investor Conferences

CAMBRIDGE, Mass.--(BUSINESS WIRE)---- $AMLX--Joshua Cohen and Justin Klee, Co-CEOs of Amylyx, will participate at two upcoming investor conferences on September 11-12.

18 days ago - Business Wire

Amylyx Pharmaceuticals Reports Second Quarter 2023 Financial Results

CAMBRIDGE, Mass.--(BUSINESS WIRE)---- $AMLX--Amylyx Pharmaceuticals Reports Second Quarter 2023 Financial Results.

6 weeks ago - Business Wire

Amylyx Pharmaceuticals to Report Second Quarter 2023 Financial Results on August 10, 2023

CAMBRIDGE, Mass.--(BUSINESS WIRE)---- $AMLX--Amylyx Pharmaceuticals announces it will report its second quarter 2023 financial results on Thursday, August 10, 2023.

7 weeks ago - Business Wire

Amylyx Pharmaceuticals to Host Virtual Webcast on AMX0035 Progressive Supranuclear Palsy (PSP) Program

CAMBRIDGE, Mass.--(BUSINESS WIRE)---- $AMLX--Amylyx Pharmaceuticals Announces Webcast to Discuss the PSP Treatment Landscape and the Company's Clinical Development Plans on July 26, at 1:30pm ET.

2 months ago - Business Wire

Amylyx Pharmaceuticals Receives CHMP Negative Opinion on its Conditional Marketing Authorisation Application for AMX0035 for the Treatment of ALS in the European Union

CAMBRIDGE, Mass.--(BUSINESS WIRE)---- $AMLX--Amylyx Pharmaceuticals Receives CHMP Negative Opinion on its Conditional Marketing Authorisation Application for AMX0035 - Will Seek Re-Examination.

3 months ago - Business Wire

Amylyx Pharmaceuticals Completes Negotiation Process and Signs Letter of Intent with the pCPA for ALBRIOZA™ for the Treatment of ALS

CAMBRIDGE, Mass.--(BUSINESS WIRE)---- $AMLX--Amylyx signs LOI with the pCPA for ALBRIOZA™ and will now work with drug plans to ensure public coverage to eligible Canadians with ALS.

3 months ago - Business Wire

Amylyx Pharmaceuticals to Present at the Goldman Sachs 44th Annual Global Healthcare Conference

CAMBRIDGE, Mass.--(BUSINESS WIRE)---- $AMLX--Joshua Cohen and Justin Klee, Co-CEOs of Amylyx, will participate in the Goldman Sachs 44th Annual Global Healthcare Conference on June 13, 2023.

3 months ago - Business Wire

Amylyx says European drug regulator likely to reject ALS drug

Amylyx Pharmaceuticals Inc said on Tuesday the European drug regulator was likely to reject its amyotrophic lateral sclerosis (ALS) drug, sending its shares down 8.5% in premarket trading.

4 months ago - Reuters

Amylyx Pharmaceuticals Provides Update on Ongoing Regulatory Review of AMX0035 for the Treatment of ALS in the European Union

CAMBRIDGE, Mass.--(BUSINESS WIRE)---- $AMLX--Amylyx Pharmaceuticals Provides Update on Ongoing Regulatory Review of AMX0035 for the Treatment of ALS in the European Union.

4 months ago - Business Wire

Amylyx Pharmaceuticals Turns Profitable On Successful Drug Launch

The biotech sector is notoriously volatile, populated with plenty of unprofitable companies that soar on optimism about clinical trials. Those same stocks can later plummet on poor trial results, or a...

4 months ago - MarketBeat

Final Trades: IBM, Exxon Mobil, Amylyx, and Home Depot

The final trades of the day with the Fast Money traders.

Other symbols: HDIBMXOM
4 months ago - CNBC Television

Amylyx Pharmaceuticals Reports First Quarter 2023 Financial Results

CAMBRIDGE, Mass.--(BUSINESS WIRE)---- $AMLX--Amylyx Pharmaceuticals Reports First Quarter 2023 Financial Results.

4 months ago - Business Wire

Amylyx Pharmaceuticals to Report First Quarter 2023 Financial Results on May 11, 2023

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Amylyx Pharmaceuticals to Report First Quarter 2023 Financial Results on May 11, 2023.

5 months ago - Business Wire

Amylyx Pharmaceuticals Appoints Masako Nakamura to General Manager and Head of International Markets - Asia Pacific and Latin America

CAMBRIDGE, Mass.--(BUSINESS WIRE)---- $AMLX #APAC--Ms. Masako Nakamura joins Amylyx as a key leader with the goal of bringing AMX0035 to as many people who may benefit around the world as possible.

5 months ago - Business Wire

Amylyx Pharmaceuticals Announces First Participant Dosed in Phase 2 Study of AMX0035 for the Treatment of Wolfram Syndrome

CAMBRIDGE, Mass.--(BUSINESS WIRE)---- $AMLX #NeurodegenerativeDiseases--Amylyx announces first participant dosed in exploratory open-label proof of biology study of AMX0035 in Wolfram syndrome (WS).

5 months ago - Business Wire

Amylyx Pharmaceuticals to Present at the 22nd Annual Needham Virtual Healthcare Conference

CAMBRIDGE, Mass.--(BUSINESS WIRE)---- $AMLX--Joshua Cohen and Justin Klee, Co-CEOs of Amylyx, will participate in the 22nd Annual Needham Virtual Healthcare Conference on Tuesday, April 18, 2023.

5 months ago - Business Wire

Amylyx Pharmaceuticals to Report Fourth Quarter and Full Year 2022 Financial Results on March 13, 2023

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Amylyx Pharmaceuticals, Inc. (Nasdaq: AMLX) (“Amylyx” or the “Company”) will report its fourth quarter and full year 2022 financial results on Monday, March 13, 2023...

7 months ago - Business Wire

Amylyx Pharmaceuticals to Participate in the SVB Securities Global Biopharma Conference

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Amylyx Pharmaceuticals, Inc. (Nasdaq: AMLX), today announced that Joshua Cohen and Justin Klee, Co-CEOs of Amylyx, will participate in the SVB Securities Global Biop...

8 months ago - Business Wire

Amylyx Pharmaceuticals Announces Completion of Enrollment in Global Phase 3 PHOENIX Trial of AMX0035 in ALS

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Amylyx Pharmaceuticals, Inc. (NASDAQ: AMLX) (“Amylyx” or the “Company”) today announced the completion of enrollment in PHOENIX, a global, 48-week, randomized, pla...

8 months ago - Business Wire

Amylyx Pharmaceuticals Announces Exclusive AMX0035 Distribution Agreement with Israel-Based Neopharm

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Amylyx Pharmaceuticals, Inc. (NASDAQ: AMLX) (“Amylyx” or the “Company”) today announced it has entered into an exclusive license and distribution agreement with Ne...

8 months ago - Business Wire

Amylyx Pharmaceuticals to Participate in the Evercore ISI 5th Annual HealthCONx Conference

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Amylyx Pharmaceuticals, Inc. (Nasdaq: AMLX) today announced that Joshua Cohen and Justin Klee, Co-CEOs of Amylyx, will participate in the Evercore ISI 5th Annual H...

10 months ago - Business Wire

Stocks moving after hours: Twitter, Amylyx Pharmaceuticals, AutoZone, Airbnb

Yahoo Finance Live's Seana Smith looks at several stocks trending in the after-hours trading session.

Other symbols: ABNBAZO
11 months ago - Yahoo Finance

Amylyx Pharmaceuticals Reports Third Quarter 2022 Financial Results

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Amylyx Pharmaceuticals, Inc. (Nasdaq: AMLX) (“Amylyx” or the “Company”) today reported financial results for the quarter ended September 30, 2022.

11 months ago - Business Wire