Rhythm Pharmaceuticals, Inc. (RYTM)

NASDAQ: RYTM · IEX Real-Time Price · USD
24.50
+0.63 (2.64%)
Sep 30, 2022 4:00 PM EDT - Market closed
2.64%
Market Cap 1.37B
Revenue (ttm) 13.41M
Net Income (ttm) -175.74M
Shares Out 55.72M
EPS (ttm) -3.31
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 990,816
Open 23.66
Previous Close 23.87
Day's Range 23.57 - 25.33
52-Week Range 3.04 - 30.98
Beta 2.22
Analysts Buy
Price Target 30.60 (+24.9%)
Earnings Date Oct 31, 2022

About RYTM

Rhythm Pharmaceuticals, Inc., a commercial-stage biopharmaceutical company, focuses on the development and commercialization of therapeutics for the treatment of rare genetic diseases of obesity. The company's lead product candidate is IMCIVREE, a potent melanocortin-4 receptor for the treatment of pro-opiomelanocortin (POMC), proprotein convertase subtilisin/kexin type 1, leptin receptor (LEPR) deficiency obesity, and Bardet-Biedl and Alström syndrome. It is also developing setmelanotide, which is in Phase II clinical trials for treating POMC... [Read more...]

Industry Biotechnology
IPO Date Oct 5, 2017
CEO Hunter Smith
Employees 140
Stock Exchange NASDAQ
Ticker Symbol RYTM
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for RYTM stock is "Buy." The 12-month stock price forecast is 30.6, which is an increase of 24.90% from the latest price.

Price Target
$30.6
(24.90% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Rhythm Pharmaceuticals Announces Publication of Children's Book for Patients and Families Living with Bardet-Biedl Sy...

-- Book developed in collaboration with the Bardet-Biedl Syndrome Foundation -- -- BBS Global Day on Sept. 24 coordinated by BBS International --

1 week ago - GlobeNewsWire

Rhythm Pharmaceuticals, Inc. Announces Closing of $124.8 Million Public Offering

BOSTON, Sept. 19, 2022 (GLOBE NEWSWIRE) -- Rhythm Pharmaceuticals, Inc. (Nasdaq: RYTM) (“Rhythm”), a commercial-stage biopharmaceutical company focused on transforming the lives of patients and their fa...

1 week ago - GlobeNewsWire

Rhythm Pharmaceuticals, Inc. Announces Pricing of Public Offering

BOSTON, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Rhythm Pharmaceuticals, Inc. (Nasdaq: RYTM) (“Rhythm”), a commercial-stage biopharmaceutical company focused on transforming the lives of patients and their fa...

2 weeks ago - GlobeNewsWire

Rhythm Pharmaceuticals Announces New Employment Inducement Grants

BOSTON, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Rhythm Pharmaceuticals, Inc. (Nasdaq: RYTM), a commercial-stage biopharmaceutical company focused on transforming the lives of patients and their families livi...

3 weeks ago - GlobeNewsWire

Rhythm Pharmaceuticals Announces IMCIVREE® (setmelanotide) Granted Marketing Authorization by European Commission for...

-- Setmelanotide now FDA-approved and EC-authorized for Bardet-Biedl syndrome (BBS) -- -- EC authorization for BBS makes Rhythm eligible to receive second $37.5M tranche under Revenue Interest Agreement...

3 weeks ago - GlobeNewsWire

Rhythm Pharmaceuticals to Present at Investor Conferences in September

BOSTON, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Rhythm Pharmaceuticals, Inc. (Nasdaq: RYTM), a commercial-stage biopharmaceutical company focused on transforming the lives of patients and their families livi...

1 month ago - GlobeNewsWire

3 Healthcare Stocks That Are Beating the Market

Here's why our roundtable is bullish on Shockwave Medical, Axsome Therapeutics, and Rhythm Pharmaceuticals.

Other symbols: AXSMSWAV
1 month ago - The Motley Fool

What Bear Market? These 3 Stocks Have Been Rocketing Higher in 2022

These three healthcare stocks have defied the 2022 bear market.

Other symbols: SIGAVERU
1 month ago - The Motley Fool

After Golden Cross, Rhythm Pharmaceuticals, Inc. (RYTM)'s Technical Outlook is Bright

Good things could be on the horizon when a stock experiences a golden cross event. How should investors react?

1 month ago - Zacks Investment Research

Rhythm Pharmaceuticals to Present at Canaccord Genuity 42nd Annual Growth Conference

BOSTON, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Rhythm Pharmaceuticals, Inc. (Nasdaq: RYTM), a commercial-stage biopharmaceutical company focused on transforming the lives of patients and their families livin...

1 month ago - GlobeNewsWire

Why Rhythm Pharmaceuticals Stock Is Rocketing Higher Today

The biotech's second-quarter earnings report is a big hit with shareholders.

1 month ago - The Motley Fool

Rhythm Pharmaceuticals, Inc. (RYTM) Reports Q2 Loss, Lags Revenue Estimates

Rhythm Pharmaceuticals, Inc. (RYTM) delivered earnings and revenue surprises of -12.66% and 58.13%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the st...

2 months ago - Zacks Investment Research

Rhythm Pharmaceuticals Reports Second Quarter 2022 Financial Results and Business Update

-- Received FDA approval for IMCIVREE ® (setmelanotide) as the first-ever therapy for patients with Bardet-Biedl syndrome -- -- U.S. launch off to a strong start with more than 50 IMCIVREE prescriptions...

2 months ago - GlobeNewsWire

Rhythm Pharmaceuticals, Inc. (RYTM) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

Rhythm Pharmaceuticals, Inc. (RYTM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Rhythm Pharmaceuticals Receives Positive CHMP Opinion for ▼¹ IMCIVREE® (setmelanotide) for the Treatment of Obesity a...

-- European Commission decision anticipated in fourth quarter of 2022 -- BOSTON, July 22, 2022 (GLOBE NEWSWIRE) -- Rhythm Pharmaceuticals, Inc. (Nasdaq: RYTM), a commercial-stage biopharmaceutical compa...

2 months ago - GlobeNewsWire

Why Shares Of Rhythm Pharmaceuticals Are Soaring

Rhythm Pharmaceuticals, Inc. (NASDAQ: RYTM) shares are trading higher after the French National Agency for Medicines and Health Products Safety and Haute Autorité de santé granted pre-marketing authoriz...

2 months ago - Benzinga

Rhythm Pharmaceuticals Announces Early Access Authorization for Setmelanotide for Use in Patients with Bardet-Biedl S...

-- Reimbursed early access program allows for patients in France to receive setmelanotide for treatment of obesity and control of hunger associated with BBS -- -- Reimbursed early access program allows ...

2 months ago - GlobeNewsWire

NICE Recommends Rhythm's ▼IMCIVREE® (setmelanotide) for Treating Obesity and Controlling Hunger Caused by POMC or LEP...

- IMCIVREE will be funded and available for use within 90 days in the National Health Service -

2 months ago - GlobeNewsWire

Rhythm (RYTM) Surges on Upbeat Data on Lead Product Candidate

Rhythm Pharmaceuticals (RYTM) reports favorable data from a mid-stage study evaluating the efficacy of setmelanotide, its MC4R agonist, for treating hypothalamic obesity.

2 months ago - Zacks Investment Research

Rhythm Pharmaceuticals, Inc. (RYTM) Surges 42.2%: Is This an Indication of Further Gains?

Rhythm Pharmaceuticals, Inc. (RYTM) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could ...

2 months ago - Zacks Investment Research

Rhythm Pharmaceuticals Announces Positive Interim Results from Phase 2 Clinical Trial Evaluating Setmelanotide in Hyp...

--All evaluable patients (N=11) achieved BMI decrease of more than 5 percent at 16 weeks on setmelanotide therapy-- --17.2 percent mean reduction in BMI at 16 weeks--

2 months ago - GlobeNewsWire

Rhythm Pharmaceuticals Launches IMCIVREE® (setmelanotide) in Germany for the Treatment of Obesity and Control of Hung...

BOSTON, June 22, 2022 (GLOBE NEWSWIRE) -- Rhythm Pharmaceuticals, Inc. (Nasdaq: RYTM), a commercial-stage biopharmaceutical company committed to transforming the care of people living with rare genetic ...

3 months ago - GlobeNewsWire

Rhythm Pharmaceuticals Announces that European Commission Authorized Variation for IMCIVREE® (setmelanotide) to Allow...

BOSTON, June 22, 2022 (GLOBE NEWSWIRE) -- Rhythm Pharmaceuticals, Inc. (Nasdaq: RYTM), a commercial-stage biopharmaceutical company committed to transforming the care of people living with rare genetic ...

3 months ago - GlobeNewsWire

Rhythm Pharma (RYTM) Down on Mixed Imcivree Regulatory Updates

The FDA approves label expansion of Rhythm Pharma's (RYTM) Imcivree to include Bardet-Biedl Syndrome patients. However, the FDA provides CRL for label expansion of the drug in Alstrom syndrome.

3 months ago - Zacks Investment Research

Rhythm Pharmaceuticals Enters into a Non-dilutive Revenue Interest Financing Agreement with HealthCare Royalty for up...

Extends Cash Runway into 2H 2024 Extends Cash Runway into 2H 2024

3 months ago - GlobeNewsWire