Opus Genetics, Inc. (IRD)

NASDAQ: IRD · Real-Time Price · USD
0.9100
-0.0718 (-7.31%)
At close: Apr 1, 2025, 4:00 PM
0.9500
+0.0400 (4.40%)
After-hours: Apr 1, 2025, 4:48 PM EDT
-7.31%
Market Cap 40.92M
Revenue (ttm) 10.99M
Net Income (ttm) -57.53M
Shares Out 44.96M
EPS (ttm) -2.15
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 224,688
Open 0.9860
Previous Close 0.9818
Day's Range 0.8860 - 1.0000
52-Week Range 0.8100 - 2.3400
Beta 0.27
Analysts Strong Buy
Price Target 8.00 (+779.12%)
Earnings Date May 15, 2025

About IRD

Opus Genetics, Inc., a clinical-stage ophthalmic biopharmaceutical company, focuses on developing and commercializing therapies for the treatment of unmet needs of patients with refractive and retinal eye disorders. The company offers Phentolamine Ophthalmic Solution for reversal of mydriasis, as well as is in Phase III clinical trials for presbyopia and dim light or night vision disturbances. Its lead retinal product candidate is APX3330, a small-molecule inhibitor of reduction oxidation effector factor-1 protein that has completed Phase II cl... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 2018
Employees 14
Stock Exchange NASDAQ
Ticker Symbol IRD
Full Company Profile

Financial Performance

In 2024, Opus Genetics's revenue was $10.99 million, a decrease of -42.30% compared to the previous year's $19.05 million. Losses were -$57.53 million, 476.1% more than in 2023.

Financial numbers in USD Financial Statements

Analyst Forecast

According to one analyst, the rating for IRD stock is "Strong Buy" and the 12-month stock price forecast is $8.0.

Price Target
$8.0
(779.12% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Opus Genetics Announces Financial Results for Full Year 2024

Provides update on the Company's transformation and promising portfolio of innovative gene therapy treatments for inherited retinal diseases

1 day ago - GlobeNewsWire

Restore Value Slate Led by Mina Sooch Files Preliminary Proxy Materials for the Election of Six Highly Qualified Directors at the 2025 Annual Meeting of Opus Genetics

Believes that Current Board's Strategic, Management and Capital Allocation Failures have Resulted in Stockholder Value Destruction

11 days ago - GlobeNewsWire

Opus Genetics Announces Presentation on Phentolamine Ophthalmic Solution 0.75% in Dim Light Disturbances at World Cornea Congress IX

RESEARCH TRIANGLE PARK, N.C., March 21, 2025 (GLOBE NEWSWIRE) -- Opus Genetics, Inc. (Nasdaq: IRD), a clinical-stage ophthalmic biotechnology company developing gene therapies for the treatment of inh...

11 days ago - GlobeNewsWire

Opus Genetics Announces Pricing of Public Offering and Concurrent Private Placement with Proceeds of Over $20 Million

Additional approximately $21 million tied to data release for the Company's BEST1 program Additional approximately $21 million tied to data release for the Company's BEST1 program

11 days ago - GlobeNewsWire

Opus Genetics Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

RESEARCH TRIANGLE PARK, N.C., March 19, 2025 (GLOBE NEWSWIRE) -- Opus Genetics, Inc. (Nasdaq: IRD), a clinical-stage ophthalmic biopharmaceutical company developing important new therapies for the tre...

13 days ago - GlobeNewsWire

Opus Genetics Announces Presentations at Association for Research in Vision and Ophthalmology (ARVO) 2025 Meeting

New Data from First Three Adult Patients in Phase 1/2 Trial with OPGx-LCA5 Showed that Subjective and Objective Signs of Efficacy Persisted for One Year New Data from First Three Adult Patients in Pha...

27 days ago - GlobeNewsWire

Opus Genetics Announces FDA Fast Track and Enrollment Updates for Phentolamine Ophthalmic Solution 0.75% Programs

FDA Fast Track Designation granted for Phentolamine Ophthalmic Solution 0.75% as treatment of significant chronic night driving impairment in keratorefractive patients with reduced mesopic vision Enro...

4 weeks ago - GlobeNewsWire

Opus Genetics Announces Updates on OPGx-LCA5 Clinical Program

First patient dosed in the pediatric cohort of the Phase 1/2 trial of OPGx-LCA5; initial data on the cohort anticipated by Q3 2025 New 12-month data on the first three adult OPGx-LCA5 patients to be p...

6 weeks ago - GlobeNewsWire

Shareholder Group Led by Founder Mina Sooch Nominates Majority Slate of Director Candidates to the Board of Opus Genetics, Inc.

Current Board's Strategic, Management, and Capital Allocation Failures Have Driven an 80% Stock Decline Over Last 22 Months

Other symbols: XBI
7 weeks ago - GlobeNewsWire

Opus Genetics Receives FDA Agreement Under Special Protocol Assessment for Phase 3 Trial of APX3330 in Diabetic Retinopathy

Agreement Reached on Primary Endpoint and Phase 3 Trial Design Oral APX3330 is a Late-Stage Clinical Asset Available for Partnering FARMINGTON HILLS, Mich., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Opus Gene...

3 months ago - GlobeNewsWire