Cassava Sciences, Inc. (SAVA)

NASDAQ: SAVA · Real-Time Price · USD
26.91
+0.77 (2.95%)
At close: Nov 15, 2024, 4:00 PM
27.19
+0.28 (1.04%)
After-hours: Nov 15, 2024, 7:35 PM EST
2.95%
Market Cap 1.29B
Revenue (ttm) n/a
Net Income (ttm) -17.66M
Shares Out 48.11M
EPS (ttm) -1.37
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,827,603
Open 26.46
Previous Close 26.14
Day's Range 25.46 - 28.99
52-Week Range 8.79 - 42.20
Beta -0.58
Analysts Strong Buy
Price Target 111.50 (+314.34%)
Earnings Date Nov 7, 2024

About SAVA

Cassava Sciences, Inc., a clinical stage biotechnology company, develops drugs for neurodegenerative diseases. Its lead therapeutic product candidate is simufilam, a small molecule drug, which is completed Phase 2 clinical trial; and investigational diagnostic product candidate is SavaDx, a blood-based biomarker/diagnostic to detect Alzheimer's disease. The company was formerly known as Pain Therapeutics, Inc. and changed its name to Cassava Sciences, Inc. in March 2019. Cassava Sciences, Inc. was incorporated in 1998 and is based in Austin, Te... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 1998
Employees 29
Stock Exchange NASDAQ
Ticker Symbol SAVA
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for SAVA stock is "Strong Buy." The 12-month stock price forecast is $111.5, which is an increase of 314.34% from the latest price.

Price Target
$111.5
(314.34% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Anavex, Cassava Sciences, Panax Ginseng, And The Long-Term Treatment Of Alzheimer's Disease

Panax ginseng shows the highest effectiveness in treating Alzheimer's because it inhibits nitro-oxidative stress, scavenges peroxynitrite, and reverses part of its damage, leading to sustained cogniti...

6 days ago - Seeking Alpha

Cassava Sciences, Inc. (SAVA) Q3 2024 Earnings Call Transcript

Cassava Sciences, Inc. (NASDAQ:SAVA) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Rick Barry - President & Chief Executive Officer Eric Schoen - Chief Financial O...

10 days ago - Seeking Alpha

Cassava Sciences Reports Q3 2024 Financial and Operating Results

AUSTIN, Texas, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Cassava Sciences, Inc. (Nasdaq: SAVA), a clinical-stage biotechnology company focused on developing a novel treatment for Alzheimer's disease, today re...

10 days ago - GlobeNewsWire

Cassava Sciences to Report Third Quarter 2024 Results on November 7, 2024

AUSTIN, Texas, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Cassava Sciences, Inc. (Nasdaq: SAVA), a clinical-stage biotechnology company focused on Alzheimer's disease, announced today that it will hold a confe...

17 days ago - GlobeNewsWire

What's Going On With Alzheimer's-Focused Cassava Sciences On Tuesday?

Last month, Cassava Sciences Inc. SAVA agreed to pay over $40 million to resolve SEC charges over misleading statements related to a Phase 2 trial of the company's controversial Alzheimer's drug, simu...

5 weeks ago - Benzinga

Cassava's Stock Drops After It Agrees to Pay $40M to Settle SEC Alzheimer's Claims

Cassava Sciences (SAVA) shares dropped more than 11% after the company agreed to a $40 million settlement with the Securities and Exchange Commission (SEC) over charges that it manipulated clinical tr...

7 weeks ago - Investopedia

SEC Charges Cassava Sciences Over Manipulated Alzheimer's Trial Data, Company And Former Execs Agree To Pay Penalty

Alzheimer's drug developer Cassava Sciences Inc SAVA, its founder Remi Barbier, and former Senior VP of Neuroscience Lindsay Burns have agreed to pay over $40 million to resolve SEC charges over misle...

7 weeks ago - Benzinga

Cassava Sciences settles SEC charges of ‘misleading' Alzheimer's trial claims

Shares of Cassava Sciences Inc. dropped more than 10% in the extended session Thursday after announcing a settlement with U.S. securities regulators, who had charged the pharma company and two former ...

7 weeks ago - Market Watch

Cassava Sciences Resolves SEC Investigation

AUSTIN, Texas, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Cassava Sciences, Inc. (“Cassava” or the “Company”) (Nasdaq: SAVA), a biotechnology company focused on Alzheimer's disease, today announced that it ha...

7 weeks ago - GlobeNewsWire

SEC Charges Cassava Sciences, Two Former Executives for Misleading Claims About Alzheimer's Clinical Trial

Washington, D.C.--(Newsfile Corp. - September 26, 2024) - The Securities and Exchange Commission today announced Cassava Sciences, Inc., its founder and former CEO, Remi Barbier, and its former Senior...

7 weeks ago - Newsfile Corp

US charges Cassava Sciences, two former executives for misleading claims about Alzheimer's clinical trial

The U.S. Securities and Exchange Commission said on Thursday that it charged Cassava Sciences and two of the company's former executives for misleading claims about the results of Alzheimer's clinical...

7 weeks ago - Reuters

Cassava Sciences Announces Completion of an Interim Safety Review of Oral Simufilam On-going Phase 3 Trials

AUSTIN, Texas, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Cassava Sciences, Inc. (Nasdaq: SAVA), a biotechnology company focused on Alzheimer's disease, today announced the completion of a third interim safet...

7 weeks ago - GlobeNewsWire

Cassava Sciences to Present at the H.C. Wainwright Global Investment Conference

AUSTIN, Texas, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Cassava Sciences, Inc. (Nasdaq: SAVA), a clinical-stage biotechnology company focused on Alzheimer's disease, announced today that it has been invited...

2 months ago - GlobeNewsWire

Cassava Sciences Q2 Earnings Review: So Many Questions, So Few Answers

Cassava Sciences, Inc. announced its Q2 earnings earlier today. Management says it hopes to share pivotal Phase 3 study data for Alzheimer's drug candidate simufilam in 2024. The CEO and Head of Resea...

3 months ago - Seeking Alpha

Cassava Sciences Mourns the Death of Board Member Sanford “Sandy” Robertson

AUSTIN, Texas, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Cassava Sciences, Inc. (Nasdaq: SAVA) today reflected on the passing of long-time board member Sanford Robertson.

3 months ago - GlobeNewsWire

8 Best-Performing Small Caps In July: Find Out Which Stock Jumped 803%

The United States' macroeconomic environment was favorable to large-cap companies and unfriendly to small-caps through the first half of 2024. That changed in July.

3 months ago - Benzinga

Cassava Sciences to Hold Conference Call to Discuss Recent Developments and Provide a Company Update on Thursday, August 8, 2024 at 8:30 am ET

AUSTIN, Texas, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Cassava Sciences, Inc. (Nasdaq: SAVA), a clinical-stage biotechnology company focused on Alzheimer's disease, announced today that it will hold a confe...

3 months ago - GlobeNewsWire

Cassava Sciences Announces Expansion of Open-Label Extension Trials

AUSTIN, Texas, July 30, 2024 (GLOBE NEWSWIRE) -- Cassava Sciences, Inc. (Nasdaq: SAVA) today announced that the Company will extend by up to an additional 36 months each of the open-label extension tr...

3 months ago - GlobeNewsWire

Cassava Sciences Announces Changes in Executive Leadership, Enhanced Corporate Governance and Other Initiatives

AUSTIN, Texas, July 17, 2024 (GLOBE NEWSWIRE) -- Cassava Sciences, Inc. (Nasdaq: SAVA) today announced that the Board of Directors has appointed Richard (Rick) Barry as Executive Chairman of the Board...

4 months ago - GlobeNewsWire

Top 5 Health Care Stocks That May Explode In July

The most oversold stocks in the health care sector presents an opportunity to buy into undervalued companies.

Other symbols: CSTLNRCOMIPCRX
4 months ago - Benzinga

Cassava Sciences Cooperates With DOJ, SEC On Controversial Alzheimer's Drug Investigation

Cassava Sciences SAVA has engaged the U.S. Department of Justice (DOJ) and the U.S. Securities and Exchange Commission (SEC) amid ongoing investigations into the company and two senior employees.

4 months ago - Benzinga

Cassava Sciences forms internal panel after US probe into two employees

Cassava Sciences will form a committee to evaluate new probes by U.S. regulators and investigate two senior employees, it said on Monday, days after a medical professor linked to the company was charg...

4 months ago - Reuters

Cassava Sciences stock forecast: is it safe to buy the SAVA dip?

Cassava Sciences (NASDAQ: SAVA) stock price has become a fallen angel. Once a high popular stock, it has crashed by over 45% this year and by more than 90% from its all-time high, giving it a market c...

4 months ago - Invezz

Cassava Sciences shares fall after onetime advisor indicted on fraud charges

Shares of biotech company Cassava Sciences Inc. plummeted on Friday after a federal grand jury indicted a onetime science advisor to Cassava and charged him with falsifying data to obtain millions of ...

5 months ago - Market Watch

Cassava Sciences Shares Plunge on Indictment Against Former Advisor

A federal indictment accuses a Cassava Sciences advisor of faking data to secure NIH grants. The company also faces shareholder suits.

5 months ago - Barrons