Editas Medicine, Inc. (EDIT)

NASDAQ: EDIT · Real-Time Price · USD
1.300
-0.090 (-6.47%)
Mar 25, 2025, 4:00 PM EST - Market closed
-6.47%
Market Cap 107.87M
Revenue (ttm) 32.31M
Net Income (ttm) -237.09M
Shares Out 82.98M
EPS (ttm) -2.88
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,354,772
Open 1.390
Previous Close 1.390
Day's Range 1.280 - 1.390
52-Week Range 1.120 - 7.600
Beta 1.87
Analysts Buy
Price Target 8.08 (+521.54%)
Earnings Date Mar 5, 2025

About EDIT

Editas Medicine, Inc., a clinical stage genome editing company, focuses on developing transformative genomic medicines to treat a range of serious diseases. It develops a proprietary gene editing platform based on CRISPR technology. The company develops reni-cel, a clinical development gene-edited medicine to treat sickle cell disease and transfusion-dependent beta-thalassemia. In addition, the company is developing alpha-beta T-cell experimental medicines for the treatment of solid and liquid tumors in collaboration with Bristol Myers Squibb C... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Feb 3, 2016
Employees 246
Stock Exchange NASDAQ
Ticker Symbol EDIT
Full Company Profile

Financial Performance

In 2024, Editas Medicine's revenue was $32.31 million, a decrease of -58.64% compared to the previous year's $78.12 million. Losses were -$237.09 million, 54.7% more than in 2023.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for EDIT stock is "Buy." The 12-month stock price forecast is $8.08, which is an increase of 521.54% from the latest price.

Price Target
$8.08
(521.54% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Editas Medicine Announces Chief Financial Officer Transition

Erick J. Lucera to Step Down as CFO to pursue another opportunity Senior Vice President of Finance Amy Parison Appointed CFO CAMBRIDGE, Mass., March 20, 2025 (GLOBE NEWSWIRE) -- Editas Medicine, Inc. ...

5 days ago - GlobeNewsWire

Editas Medicine, Inc. (EDIT) Barclays 27th Annual Global Healthcare Conference (Transcript)

Editas Medicine, Inc. (NASDAQ:EDIT) Barclays 27th Annual Global Healthcare Conference March 11, 2025 9:00 AM ET Company Participants Gilmore O'Neill - President and Chief Executive Officer Erick Luce...

14 days ago - Seeking Alpha

Editas Medicine, Inc. (EDIT) Leerink Partners Global Healthcare Conference (Transcript)

Editas Medicine, Inc. (NASDAQ:EDIT) Leerink Partners Global Healthcare Conference March 10, 2025 9:20 AM ET Company Participants Gilmore O'Neill - President & CEO Erick Lucera - EVP and CFO Unidentif...

15 days ago - Seeking Alpha

Editas Medicine Announces Fourth Quarter and Full Year 2024 Results and Business Updates

On track to declare two in vivo editing development candidates via gene upregulation, one in HSCs and one in liver, in mid-2025 Company to present further in vivo HSC preclinical data and further in v...

20 days ago - GlobeNewsWire

Editas Medicine, Inc. (EDIT) TD Cowen 45th Annual Health Care Conference Transcript

Editas Medicine, Inc. (NASDAQ:EDIT) TD Cowen 45th Annual Health Care Conference March 3, 2025 2:30 PM ET Company Participants Gilmore O'Neill - Chief Executive Officer Erick Lucera - Chief Financial ...

22 days ago - Seeking Alpha

Editas Medicine to Announce Fourth Quarter/Full Year 2024 Financial Results and to Participate in Investor Conferences in March

CAMBRIDGE, Mass., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Editas Medicine, Inc. (Nasdaq: EDIT), a pioneering gene editing company focused on developing transformative medicines for serious diseases, today a...

4 weeks ago - GlobeNewsWire

Editas And Intellia: Strategic Shifts And Long-Term Investment Potential

Intellia Therapeutics, Inc. and Editas Medicine, Inc. are undergoing organizational restructuring and pipeline prioritization, aiming to optimize resources and extend the cash runway until 2027, despi...

Other symbols: NTLA
2 months ago - Seeking Alpha

Editas Medicine, Inc. (EDIT) 43rd Annual JPMorgan Healthcare Conference - (Transcript)

Editas Medicine, Inc. (NASDAQ:EDIT) 43rd Annual JPMorgan Healthcare Conference Call January 15, 2025 2:15 PM ET Company Participants Gilmore O'Neill - President and Chief Executive Officer Linda Burk...

2 months ago - Seeking Alpha

Editas Medicine Highlights New In Vivo Preclinical Proof of Concept Data, Anticipated 2025 Key Milestones, and Three-year Strategic Priorities

CAMBRIDGE, Mass., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Editas Medicine, Inc. (Nasdaq: EDIT), a pioneering gene editing company focused on developing transformative medicines for serious diseases, today a...

2 months ago - GlobeNewsWire

Editas Medicine to Present at the 43rd Annual J.P. Morgan Healthcare Conference

CAMBRIDGE, Mass., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Editas Medicine, Inc. (Nasdaq: EDIT), a leading gene editing company, today announced that the Company's President and CEO Gilmore O'Neill, M.B., M....

2 months ago - GlobeNewsWire

Editas Medicine Realigns Strategy to Focus on In Vivo Gene Editing, Targets Human Proof Of Concept By 2026

On Thursday, Editas Medicine Inc. EDIT announced a strategic realignment to focus on in vivo gene editing.

3 months ago - Benzinga

Editas to reduce about 65% of its workforce over the next six months

Editas Medicine said on Thursday it would cut around 180 jobs, representing 65% of its workforce, over the next six months as part of the company's transition towards becoming a developer of therapies...

3 months ago - Reuters

Editas Medicine Announces Strategic Transition to in vivo Gene Editing Company with Intent to Achieve Human Proof of Concept in Approximately Two Years

CAMBRIDGE, Mass., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Editas Medicine, Inc. (Nasdaq: EDIT), a leading gene editing company, today announced a critical pivot to optimize its cost structure, extend its ca...

3 months ago - GlobeNewsWire

Editas Medicine, Inc. (EDIT) 7th Annual Evercore HealthCONx Conference (Transcript)

Editas Medicine, Inc. (NASDAQ:EDIT) 7th Annual Evercore HealthCONx Conference December 3, 2024 1:20 PM ET Company Participants Erick Lucera - Executive Vice President and Chief Financial Officer Cris...

3 months ago - Seeking Alpha

Editas Medicine Downgraded: Analyst Sees Limited Near-Term Catalysts

BofA Securities downgraded Editas Medicine Inc EDIT, citing few value-driving catalysts in the near term.

4 months ago - Benzinga

Editas Medicine, Inc. (EDIT) Presents at Stifel 2024 Healthcare Conference (Transcript)

Editas Medicine, Inc. (NASDAQ:EDIT) Stifel 2024 Healthcare Conference November 19, 2024 1:50 PM ET Company Participants Erick Lucera - Chief Financial Officer Conference Call Participants Dae Gon Ha ...

4 months ago - Seeking Alpha

Editas Medicine to Participate in Upcoming Investor Conferences

CAMBRIDGE, Mass., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Editas Medicine, Inc. (Nasdaq: EDIT), a clinical-stage gene editing company, today announced that management will participate in the following upcom...

4 months ago - GlobeNewsWire

Editas Medicine Announces Third Quarter 2024 Results and Business Updates

Achieved in vivo preclinical proof of concept of HBG1/2 editing in hematopoietic stem and progenitor cells (HSPCs) using Editas Medicine's proprietary targeted LNP in a key step to developing a novel ...

5 months ago - GlobeNewsWire

Editas Medicine, Inc. (EDIT) Strategic Update Call Transcript

Editas Medicine, Inc. (NASDAQ:EDIT) Strategic Update Conference Call October 22, 2024 8:00 AM ET Company Participants Cristi Barnett - Corporate Communications and IR Gilmore O'Neill - Chief Executiv...

5 months ago - Seeking Alpha

Editas Medicine and Genevant Sciences to Collaborate to Develop Novel mRNA-LNP Gene Editing Therapeutics

CAMBRIDGE, Mass. and VANCOUVER, British Columbia and BASEL, Switzerland, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Editas Medicine, Inc. (Nasdaq: EDIT), a clinical-stage gene editing company, and Genevant Sci...

5 months ago - GlobeNewsWire

Editas Medicine to Host Strategic Update Webinar to Detail Progress Towards 2024 Goals, Including Achievement of Establishing In Vivo Preclinical Proof of Concept

CAMBRIDGE, Mass., Oct. 18, 2024 (GLOBE NEWSWIRE) -- Editas Medicine, Inc. (Nasdaq: EDIT), a clinical-stage gene editing company, today announced that it will host a Company-sponsored webinar on Tuesda...

5 months ago - GlobeNewsWire

Editas Medicine (EDIT) Shares Plunge Amid Biotech Sector Fluctuations

Shares of Editas Medicine, Inc. (EDIT, Financial), a biopharmaceutical company, experienced a notable drop of 5.18%. The stock is currently priced at $3.21 per share, with a trading volume of 976,255 ...

6 months ago - GuruFocus

Buying Opportunities In Biotech And Pharma With Bhavneesh Sharma

Kirk Spano and Bhavneesh Sharma talk biotech, pharma, and contrarian buying opportunities. AI is revolutionizing drug discovery by significantly speeding up the process and increasing the probability ...

6 months ago - Seeking Alpha

Editas Medicine Announces $50+ Million Monetization Financing with DRI Healthcare Trust

Strengthens balance sheet with non-dilutive capital to enable further pipeline development and related strategic priorities Strengthens balance sheet with non-dilutive capital to enable further pipeli...

6 months ago - GlobeNewsWire