Sage Therapeutics, Inc. (SAGE)

NASDAQ: SAGE · IEX Real-Time Price · USD
14.00
+1.05 (8.11%)
At close: Apr 24, 2024, 4:00 PM
14.31
+0.31 (2.21%)
After-hours: Apr 24, 2024, 7:58 PM EDT
8.11%
Market Cap 841.49M
Revenue (ttm) 86.46M
Net Income (ttm) -541.49M
Shares Out 60.11M
EPS (ttm) -9.05
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,306,912
Open 13.52
Previous Close 12.95
Day's Range 13.45 - 14.52
52-Week Range 10.92 - 59.99
Beta 0.85
Analysts Hold
Price Target 21.47 (+53.36%)
Earnings Date Apr 25, 2024

About SAGE

Sage Therapeutics, Inc., a biopharmaceutical company, develops and commercializes brain health medicines. Its product candidates include ZULRESSO, a CIV injection for the treatment of postpartum depression (PPD) in adults; and ZURZUVAE, a neuroactive steroid, a positive allosteric modulator of GABAA receptors, targeting both synaptic and extrasynaptic GABAA receptors, for the treatment of postpartum depression. Its product pipeline also comprises SAGE-324, a compound that is in Phase II clinical trial to treat essential tremors, as well as has ... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Jul 18, 2014
Employees 487
Stock Exchange NASDAQ
Ticker Symbol SAGE
Full Company Profile

Financial Performance

In 2023, SAGE's revenue was $86.46 million, an increase of 1024.84% compared to the previous year's $7.69 million. Losses were -$541.49 million, 1.63% more than in 2022.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for SAGE stock is "Hold." The 12-month stock price forecast is $21.47, which is an increase of 53.36% from the latest price.

Price Target
$21.47
(53.36% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Sage Therapeutics' stock plunges as Parkinson's drug trial disappoints

Sage Therapeutics Inc. shares dropped 17% early Wednesday after the company said its experimental treatment for mild cognitive impairment in patients with Parkinson's disease fell flat in a clinical t...

7 days ago - Market Watch

Sage Therapeutics scraps Parkinson's drug development after treatment fails mid-stage study

Sage Therapeutics said on Wednesday it will stop development of its experimental drug to treat Parkinson's disease after it failed a mid-stage study, sending the company's shares down 4% before the be...

7 days ago - Reuters

Sage Therapeutics Announces Topline Results from Phase 2 PRECEDENT Study of Dalzanemdor (SAGE-718) in the Treatment of Mild Cognitive Impairment in Parkinson's Disease

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sage Therapeutics, Inc. (Nasdaq: SAGE) announced today topline results from PRECEDENT, a double-blind, placebo-controlled Phase 2 study of the investigational oral m...

8 days ago - Business Wire

Sage Therapeutics to Report First Quarter 2024 Financial Results on Thursday, April 25, 2024

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sage Therapeutics, Inc. (NASDAQ: SAGE), a biopharmaceutical company leading the way to create a world with better brain health, today announced that it will host a l...

14 days ago - Business Wire

Sage Therapeutics to Present at Upcoming March Investor Conferences

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sage Therapeutics, Inc. (NASDAQ: SAGE), a biopharmaceutical company leading the way to create a world with better brain health, announced today that the Company will...

2 months ago - Business Wire

Sage Therapeutics Announces Fourth Quarter and Full Year 2023 Financial Results and Highlights Pipeline and Business Progress

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sage Therapeutics, Inc. (Nasdaq: SAGE), a biopharmaceutical company leading the way to create a world with better brain health, today reported business highlights an...

2 months ago - Business Wire

Sage Therapeutics to Report Fourth Quarter and Full Year 2023 Financial Results on Wednesday, February 14, 2024

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sage Therapeutics, Inc. (NASDAQ: SAGE), a biopharmaceutical company leading the way to create a world with better brain health, today announced that it will host a l...

3 months ago - Business Wire

Sage Therapeutics to Provide Business Updates at 42nd Annual J.P. Morgan Healthcare Conference

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sage Therapeutics, Inc. (Nasdaq: SAGE), a biopharmaceutical company leading the way to create a world with better brain health, today announced that Chief Executive ...

3 months ago - Business Wire

Sage Therapeutics Announces Changes to Board of Directors

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sage Therapeutics, Inc. (Nasdaq: SAGE), a biopharmaceutical company leading the way to create a world with better brain health, today announced the retirement of Kev...

3 months ago - Business Wire

Sage Therapeutics to Present at the 42nd Annual J.P. Morgan Healthcare Conference on Monday, January 8, 2024

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sage Therapeutics, Inc. (NASDAQ: SAGE), a biopharmaceutical company leading the way to create a world with better brain health, announced today that the Company will...

4 months ago - Business Wire

ZURZUVAE™ (zuranolone) CIV, a Landmark Oral Treatment for Women with Postpartum Depression (PPD), is Now Available in the U.S.

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sage Therapeutics, Inc. (Nasdaq: SAGE) and Biogen Inc. (Nasdaq: BIIB) announced ZURZUVAE™ (zuranolone) 50 mg (two 25 mg capsules per day) CIV is now available by pre...

Other symbols: BIIB
4 months ago - Business Wire

Sage Therapeutics to Present at Upcoming November Investor Conferences

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sage Therapeutics, Inc. (NASDAQ: SAGE), a biopharmaceutical company leading the way to create a world with better brain health, announced today that the Company will...

6 months ago - Business Wire

Biogen-Sage Therapeutics postpartum depression pill priced at $15,900

Biogen and Sage Therapeutics' oral pill to treat postpartum depression (PPD) in adults is expected to cost U.S. wholesalers $15,900 for a full 14-day treatment, Sage Therapeutics said on Tuesday.

Other symbols: BIIB
6 months ago - Reuters

Sage Therapeutics Announces Third Quarter 2023 Financial Results and Highlights Pipeline and Business Progress

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sage Therapeutics, Inc. (Nasdaq: SAGE) today reported business highlights and financial results for the third quarter ended September 30, 2023. “It has been an excit...

6 months ago - Business Wire

Sage Therapeutics to Report Third Quarter 2023 Financial Results on Tuesday, November 7, 2023

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sage Therapeutics, Inc. (Nasdaq: SAGE), a biopharmaceutical company leading the way to create a world with better brain health, announced today that it will host a l...

6 months ago - Business Wire

Sage Therapeutics Announces U.S. Food and Drug Administration Granted SAGE-718 Orphan Drug Designation for the Treatment of Huntington's Disease

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sage Therapeutics, Inc. (Nasdaq: SAGE), a biopharmaceutical company leading the way to create a world with better brain health, today announced the U.S. Food and Dru...

6 months ago - Business Wire

INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Sage Therapeutics, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / October 2, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Sage Therapeuti...

7 months ago - Accesswire

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Sage Therapeutics, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / September 29, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Sage Therape...

7 months ago - Accesswire

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Sage Therapeutics, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / September 27, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Sage Therape...

7 months ago - Accesswire

Sage Therapeutics to Present at Upcoming September Investor Conferences

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sage Therapeutics, Inc. (NASDAQ: SAGE), a biopharmaceutical company leading the way to create a world with better brain health, announced today that the Company will...

8 months ago - Business Wire

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Sage Therapeutics, Inc. and Encourages Investors with Losses In Excess of $250,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / September 5, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Sage Therapeu...

8 months ago - Accesswire

Sage Therapeutics to lay off 40% of staff as it gears up for launch of post-partum depression treatment

Sage Therapeutics Inc. SAGE, -0.70% said Thursday it is reorganizing its business operations and workforce as it gears up for the launch of its post partum depression treatment Zurzuvae in late 2023. ...

8 months ago - Market Watch

Sage Therapeutics to cut 40% of jobs after depression drug setback

Sage Therapeutics said on Thursday it would cut its workforce by about 40%, weeks after the U.S. health regulator declined to approve its drug to treat major depressive disorder.

8 months ago - Reuters

Sage Therapeutics Implements Strategic Reorganization to Support Plans for ZURZUVAE™ Commercial Launch and Pipeline Advancement

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sage Therapeutics, Inc. (Nasdaq: SAGE), today announced plans to reorganize its business operations and pipeline priorities to support goals for long-term business g...

8 months ago - Business Wire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sage Therapeutics, Inc. - SAGE

NEW YORK , Aug. 28, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Sage Therapeutics, Inc. ("Sage" or the "Company") (NASDAQ: SAGE). Such investors are advised to...

8 months ago - PRNewsWire