Rapport Therapeutics, Inc. (RAPP)

NASDAQ: RAPP · IEX Real-Time Price · USD
23.05
+0.84 (3.78%)
Jul 26, 2024, 4:30 PM EDT - Market closed
3.78%
Market Cap 791.02M
Revenue (ttm) n/a
Net Income (ttm) -51.31M
Shares Out 34.32M
EPS (ttm) -1.50
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 49,201
Open 22.24
Previous Close 22.21
Day's Range 22.01 - 23.67
52-Week Range 18.00 - 28.08
Beta n/a
Analysts Strong Buy
Price Target 35.00 (+51.84%)
Earnings Date Aug 12, 2024

About RAPP

Rapport Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery and development of small molecule medicines for patients suffering from central nervous system (CNS) disorders. Its lead product candidate is receptor associated protein (RAP)-219, an investigational small molecule that is designed to inhibit TARPy8-containing AMPARs with picomolar affinity for the treatment of focal epilepsy and other CNS disorders, including peripheral neuropathic pain and bipolar disorder. The company also develops RAP-199, a TAR... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Jun 7, 2024
Employees 58
Stock Exchange NASDAQ
Ticker Symbol RAPP
Full Company Profile

Financial Performance

Financial numbers in USD Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for RAPP stock is "Strong Buy." The 12-month stock price forecast is $35.0, which is an increase of 51.84% from the latest price.

Price Target
$35.0
(51.84% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Rapport Therapeutics Announces Closing of $174 Million Initial Public Offering, Including Full Exercise of Underwriters' Option to Purchase Additional Shares and Concurrent Private Placement

BOSTON and SAN DIEGO, June 12, 2024 (GLOBE NEWSWIRE) -- Rapport Therapeutics, Inc. (Nasdaq: RAPP), a clinical-stage biotechnology company focused on discovery and development of transformational small...

6 weeks ago - GlobeNewsWire

J&J-backed Rapport Therapeutics valued at $636.8 mln after shares rise 6% in debut

Shares of Rapport Therapeutics , backed by Johnson & Johnson's venture capital arm, rose nearly 6% in their market debut on Friday, valuing the early stage therapy developer at $636.8 million.

Other symbols: JNJ
7 weeks ago - Reuters

J&J-backed Rapport Therapeutics raises $136 mln in US IPO

Rapport Therapeutics said on Thursday that it has raised $136 million in its initial public offering in the United States at a valuation of about $601.4 million.

Other symbols: JNJ
7 weeks ago - Reuters

Rapport Therapeutics Announces Pricing of Initial Public Offering

BOSTON and SAN DIEGO, June 06, 2024 (GLOBE NEWSWIRE) -- Rapport Therapeutics, Inc. (Nasdaq: RAPP), a clinical-stage biotechnology company focused on discovery and development of transformational small...

7 weeks ago - GlobeNewsWire

J&J-backed Rapport Therapeutics seeks about $637 mln valuation in US IPO

Rapport Therapeutics is targeting a valuation of about $637 million in its initial public offering in the United States, as the biopharmaceutical company joins a slew of firms looking to list their sh...

Other symbols: JNJ
7 weeks ago - Reuters

J&J-backed startup Rapport files for US IPO

Biopharmaceutical company Rapport Therapeutics, backed by the venture capital arm of Johnson & Johnson , filed for an initial public offering in the United States on Friday.

2 months ago - Reuters

CNS disorder biotech Rapport Therapeutics files for a $100 million IPO

Rapport Therapeutics, a Phase 2-ready biotech developing small molecule therapies for CNS disorders, filed on Friday with the SEC to raise up to $100 million in an initial public offering.

2 months ago - Renaissance Capital

Rapport Therapeutics IPO Registration Document (S-1)

Rapport Therapeutics has filed to go public with an IPO on the NASDAQ.

2 months ago - SEC