Edesa Biotech, Inc. (EDSA)

NASDAQ: EDSA · Real-Time Price · USD
5.80
+0.15 (2.65%)
At close: Jun 12, 2026, 4:00 PM EDT
5.85
+0.05 (0.86%)
After-hours: Jun 12, 2026, 7:46 PM EDT
Market Cap51.54M +268.8%
Revenue (ttm)n/a
Net Income-10.44M
EPS-1.37
Shares Out 8.89M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume180,117
Open5.65
Previous Close5.65
Day's Range5.58 - 6.27
52-Week Range0.72 - 20.32
Beta1.07
AnalystsStrong Buy
Price Target14.00 (+141.38%)
Earnings DateMay 14, 2026

About EDSA

Edesa Biotech, Inc., a clinical-stage biopharmaceutical company, engages in the research and development, manufacture, and commercialization of pharmaceutical products for inflammatory and immune-related diseases. It develops EB05, a monoclonal antibody, which is in Phase 3 clinical study for the treatment of acute respiratory distress syndrome; and EB01, a topical vanishing cream containing non-steroidal anti-inflammatory compound that has completed Phase 3 clinical study to treat chronic allergic contact dermatitis. The company develops EB07,... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 2015
Employees 17
Stock Exchange NASDAQ
Ticker Symbol EDSA
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to one analyst, the rating for EDSA stock is "Strong Buy" and the 12-month stock price target is $14.0.

Price Target
$14.0
(141.38% upside)
Analyst Consensus: Strong Buy

News

Edesa Biotech announces $3.5M private placement

Edesa Biotech (EDSA) announced that it has entered into a securities purchase agreement for a private investment in public equity financing that is expected to result in gross proceeds of…

2 days ago - TheFly

Edesa Biotech Announces $3.5 Million Private Placement of Common Shares Led by CEO and Healthcare-Focused Investors

TORONTO, June 11, 2026 (GLOBE NEWSWIRE) -- Edesa Biotech, Inc. (Nasdaq: EDSA) (the “Company” or “Edesa”), a clinical-stage biopharmaceutical company focused on developing host-directed therapeutics fo...

3 days ago - GlobeNewsWire

Edesa Biotech Reports Positive Exploratory Data for Paridiprubart in Patients with Acute Kidney Injury

TORONTO, June 05, 2026 (GLOBE NEWSWIRE) -- Edesa Biotech, Inc. (Nasdaq: EDSA), a clinical-stage biopharmaceutical company developing host-directed therapeutics for immuno-inflammatory diseases, today ...

9 days ago - GlobeNewsWire

Edesa Biotech Inc trading resumes

09:38 EDT Edesa Biotech (EDSA) Inc trading resumes

25 days ago - TheFly

Edesa Biotech Inc trading halted, volatility trading pause

09:33 EDT Edesa Biotech (EDSA) Inc trading halted, volatility trading pause

25 days ago - TheFly

Edesa Biotech to Present New Data on Paridiprubart in Acute Kidney Injury at European Nephrology Conference

TORONTO, May 19, 2026 (GLOBE NEWSWIRE) -- Edesa Biotech, Inc. (Nasdaq: EDSA), a clinical-stage biopharmaceutical company developing host-directed therapeutics for immuno-inflammatory diseases, today a...

26 days ago - GlobeNewsWire

Edesa Biotech Reports Fiscal 2nd Quarter 2026 Results

TORONTO, May 14, 2026 (GLOBE NEWSWIRE) -- Edesa Biotech, Inc. (Nasdaq:EDSA), a clinical-stage biopharmaceutical company focused on developing host-directed therapeutics for immuno-inflammatory disease...

4 weeks ago - GlobeNewsWire

Edesa Biotech Inc trading halted, volatility trading pause

10:01 EDT Edesa Biotech (EDSA) Inc trading halted, volatility trading pause

6 weeks ago - TheFly

Edesa Biotech Inc trading resumes

10:11 EDT Edesa Biotech (EDSA) Inc trading resumes

6 weeks ago - TheFly

Edesa Biotech Invited for Oral Showcase at Respiratory Innovation Summit

Selection Follows Positive Phase 3 Results for Paridiprubart Demonstrating Statistically Significant Mortality Reductions in ARDS Patients Selection Follows Positive Phase 3 Results for Paridiprubart ...

2 months ago - GlobeNewsWire

Edesa Biotech provides update on EB06 clinical study

Edesa Biotech (EDSA) provided an update on preparations and reaffirmed enrollment timeline guidance for its Phase 2 clinical study of EB06 in moderate-to-severe nonsegmental vitiligo. The announcement...

2 months ago - TheFly

Edesa Biotech Advances Vitiligo Program for Planned Mid-2026 Enrollment

TORONTO, March 26, 2026 (GLOBE NEWSWIRE) -- Edesa Biotech, Inc. (Nasdaq:EDSA), a clinical-stage biopharmaceutical company focused on developing host-directed therapeutics for immuno-inflammatory disea...

2 months ago - GlobeNewsWire

Edesa Biotech reports additional results from Phase 3 paridiprubart study

Edesa Biotech (EDSA) announced additional data from a Phase 3 study of paridiprubart. The results represent a broader, 278-patient population, which includes both previously reported 104 patients requ...

3 months ago - TheFly

Edesa Biotech Reports Additional Positive Results from Phase 3 Paridiprubart Study

TORONTO, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Edesa Biotech, Inc. (Nasdaq:EDSA), a clinical-stage biopharmaceutical company focused on developing host-directed therapeutics for immuno-inflammatory diseas...

3 months ago - GlobeNewsWire

Edesa Biotech reports Q1 EPS (28c), consensus (45c)

“Manufacturing plans for our upcoming vitiligo study are on schedule, and we are advancing the EB06 program toward regulatory readiness and launch,” said Par Nijhawan, MD, Chief Executive Officer of…

4 months ago - TheFly

Edesa Biotech Reports Fiscal 1st Quarter 2026 Results

TORONTO, Feb. 13, 2026 (GLOBE NEWSWIRE) -- Edesa Biotech, Inc. (Nasdaq:EDSA), a clinical-stage biopharmaceutical company focused on developing host-directed therapeutics for immuno-inflammatory diseas...

4 months ago - GlobeNewsWire

Edesa Biotech Reports Fiscal Year 2025 Results

TORONTO, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Edesa Biotech, Inc. (Nasdaq:EDSA), a clinical-stage biopharmaceutical company focused on developing host-directed therapeutics for immuno-inflammatory diseas...

6 months ago - GlobeNewsWire

Edesa Biotech Announces Upcoming Conference Schedule

TORONTO, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Edesa Biotech, Inc. (Nasdaq:EDSA), a clinical-stage biopharmaceutical company focused on developing host-directed therapeutics for immuno-inflammatory diseas...

8 months ago - GlobeNewsWire

Edesa Biotech announces Phase 3 study of paridiprubart met primary endpoint

Edesa Biotech (EDSA) announced positive results from a Phase 3 study evaluating the company’s drug candidate paridiprubart as a treatment for Acute Respiratory Distress Syndrome, a life-threatening fo...

8 months ago - TheFly

Edesa Biotech Reports Positive Results in Phase 3 Respiratory Study

TORONTO, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Edesa Biotech, Inc. (Nasdaq:EDSA), a clinical-stage biopharmaceutical company focused on developing host-directed therapeutics (HDTs) for immuno-inflammatory...

8 months ago - GlobeNewsWire

Edesa Biotech Reports Fiscal 3rd Quarter 2025 Results

TORONTO, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Edesa Biotech, Inc. (Nasdaq:EDSA), a clinical-stage biopharmaceutical company focused on developing host-directed therapeutics for immuno-inflammatory diseas...

11 months ago - GlobeNewsWire

Edesa Biotech files $150M mixed securities shelf

16:47 EDT Edesa Biotech (EDSA) files $150M mixed securities shelf

11 months ago - TheFly

Edesa Biotech assumed with a Buy at H.C. Wainwright

H.C. Wainwright analyst Yi Chen assumed coverage of Edesa Biotech (EDSA) with a Buy rating and $5 price target Edesa is a clinical stage biopharmaceutical company primarily focused on the…

1 year ago - TheFly

Edesa Biotech initiated with a Buy at Lucid Capital

Lucid Capital analyst Dev Prasad initiated coverage of Edesa Biotech (EDSA) with a Buy rating and $9 price target The firm has a positive outlook on the company’s lead clinical…

1 year ago - TheFly

Edesa Biotech Reports Fiscal 2nd Quarter 2025 Results

TORONTO, May 14, 2025 (GLOBE NEWSWIRE) -- Edesa Biotech, Inc. (Nasdaq:EDSA), a clinical-stage biopharmaceutical company focused on developing host-directed therapeutics for immuno-inflammatory disease...

1 year ago - GlobeNewsWire