Schrödinger, Inc. (SDGR)

NASDAQ: SDGR · IEX Real-Time Price · USD
24.98
+0.35 (1.40%)
Mar 30, 2023, 10:28 AM EDT - Market open
1.4%
Market Cap 1.78B
Revenue (ttm) 180.96M
Net Income (ttm) -149.19M
Shares Out 71.49M
EPS (ttm) -2.10
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 58,858
Open 24.91
Previous Close 24.63
Day's Range 24.81 - 25.29
52-Week Range 15.85 - 36.33
Beta 1.02
Analysts Buy
Price Target 52.40 (+109.81%)
Earnings Date May 2, 2023

About SDGR

Schrödinger, Inc., together with its subsidiaries, provides physics-based software platform that enables discovery of novel molecules for drug development and materials applications. The company operates in two segments, Software and Drug Discovery. The Software segment is focused on selling its software for drug discovery in the life sciences industry, as well as to customers in materials science industries. The Drug Discovery segment focuses on building a portfolio of preclinical and clinical programs, internally and through collaborations. T... [Read more]

Sector Healthcare
IPO Date Feb 6, 2020
Employees 664
Stock Exchange NASDAQ
Ticker Symbol SDGR
Full Company Profile

Financial Performance

In 2022, Schrodinger's revenue was $180.96 million, an increase of 31.19% compared to the previous year's $137.93 million. Losses were -$149.19 million, 48.6% more than in 2021.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for SDGR stock is "Buy." The 12-month stock price forecast is $52.4, which is an increase of 109.81% from the latest price.

Price Target
$52.4
(109.81% upside)
Analyst Consensus: Buy
Stock Forecasts

News

3 Tech Stocks to Buy for the Fourth Industrial Revolution

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5 days ago - InvestorPlace

Schrödinger Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)

NEW YORK--(BUSINESS WIRE)--Schrödinger, Inc. (Nasdaq: SDGR), whose physics-based computational platform is transforming the way therapeutics and materials are discovered, today reported that on March ...

1 week ago - Business Wire

3 Amazing AI Stocks for Your March Buy List

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2 weeks ago - InvestorPlace

Schrodinger is an AI-Powered Drug Discovery Developer to Watch

Drug discovery software developer Schrodinger Inc. (NASDAQ: SDGR) stock has been trying to recover after plummeting over 80% off its all-time high of $117 in January 2021. Schrodinger's artificial int...

3 weeks ago - MarketBeat

Schrodinger, Inc. (SDGR) Reports Q4 Loss, Tops Revenue Estimates

Schrodinger, Inc. (SDGR) delivered earnings and revenue surprises of 22% and 16.74%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Schrödinger Reports Strong Fourth Quarter and Full-Year 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--Schrödinger, Inc. (Nasdaq: SDGR), whose physics-based computational platform is transforming the way therapeutics and materials are discovered, today announced financial res...

1 month ago - Business Wire

Schrödinger Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

NEW YORK--(BUSINESS WIRE)--Schrödinger, Inc. (Nasdaq: SDGR), whose physics-based computational platform is transforming the way therapeutics and materials are discovered, today reported that on Februa...

1 month ago - Business Wire

Schrödinger Receives $111.3 Million Distribution from Sale of Nimbus's TYK2 Inhibitor to Takeda

NEW YORK--(BUSINESS WIRE)--Schrödinger Inc. (Nasdaq: SDGR), whose physics-based computational platform is transforming the way therapeutics and materials are discovered, today reported the receipt of ...

1 month ago - Business Wire

Schrödinger to Announce Fourth Quarter and Full-Year 2022 Financial Results on February 28

NEW YORK--(BUSINESS WIRE)--Schrödinger (Nasdaq: SDGR), whose physics-based computational platform is transforming the way therapeutics and materials are discovered, will report its fourth quarter and ...

1 month ago - Business Wire

Schrödinger to Present at SVB Securities Global Biopharma Conference

NEW YORK--(BUSINESS WIRE)--Schrödinger (Nasdaq: SDGR), whose physics-based computational platform is transforming the way therapeutics and materials are discovered, today announced that management w...

2 months ago - Business Wire

Schrödinger Provides Update on Progress Across the Business and Outlines 2023 Company Strategic Priorities

NEW YORK--(BUSINESS WIRE)--Schrödinger, Inc. (Nasdaq: SDGR), whose physics-based computational platform is transforming the way therapeutics and materials are discovered, today provided an update on...

2 months ago - Business Wire

Why These 7 Healthcare Stocks Could Soar in 2023

With the healthcare sector poised to grow significantly in the coming years, healthcare stocks to buy present a fantastic opportunity for investors. Healthcare is something that everyone will need at ...

3 months ago - InvestorPlace

7 Drug Stocks That Will Soar in 2023

Choosing the best drug stocks to buy can be dicey because drug stocks have disadvantages and advantages. On the negative side, you often have to wait many years for promising drugs to prove themselves...

3 months ago - InvestorPlace

Schrödinger Presents New Preclinical Data Supporting Advancement of CDC7 Inhibitor Development Candidate, SGR-2921, at American Society of Hematology 2022 Annual Meeting

NEW YORK--(BUSINESS WIRE)--Schrödinger, Inc. (Nasdaq: SDGR), whose physics-based computational platform is transforming the way therapeutics and materials are discovered, today announced new preclin...

3 months ago - Business Wire

Schrödinger to Present at Piper Sandler 34th Annual Healthcare Conference

NEW YORK--(BUSINESS WIRE)--Schrödinger (Nasdaq: SDGR), whose physics-based computational platform is transforming the way therapeutics and materials are discovered, today announced that management w...

4 months ago - Business Wire

Schrödinger to Present at Jefferies 13th Annual London Healthcare Conference

NEW YORK--(BUSINESS WIRE)--Schrödinger today announced that management will participate in the Jefferies 13th Annual London Healthcare Conference in London, UK.

5 months ago - Business Wire

3 Hypergrowth Stocks That Will Make You a Millionaire by 2027

During the current earnings season, a few of the companies whose stocks I own delivered great third-quarter results. These results, along with their other achievements, shows that the firms' technolog...

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5 months ago - InvestorPlace

Schrodinger, Inc. (SDGR) Reports Q3 Loss, Tops Revenue Estimates

Schrodinger, Inc. (SDGR) delivered earnings and revenue surprises of 8.20% and 14.37%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Schrödinger Reports Third Quarter 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--Schrödinger today reported financial results for the third quarter of 2022 and provided an update on the company.

5 months ago - Business Wire

Schrödinger To Present New Preclinical Data From Its CDC7 Inhibitor Program At American Society Of Hematology 2022 Annual Meeting

NEW YORK--(BUSINESS WIRE)--Schrödinger, Inc. (Nasdaq: SDGR), whose physics-based computational platform is transforming the way therapeutics and materials are discovered, today announced that new prec...

5 months ago - Business Wire

Schrödinger to Announce Third Quarter 2022 Financial Results on November 3

NEW YORK--(BUSINESS WIRE)---- $SDGR--Schrödinger (Nasdaq: SDGR), whose physics-based computational platform is transforming the way therapeutics and materials are discovered, will report its third qua...

5 months ago - Business Wire

Schrödinger Hosts Platform Day

NEW YORK--(BUSINESS WIRE)--Schrödinger is providing a detailed review of its technology platform during its Platform Day today, October 6, from 10:00 a.m. - 12:00 p.m. ET.

6 months ago - Business Wire

Schrödinger to Host Platform Day on October 6, 2022

NEW YORK--(BUSINESS WIRE)---- $SDGR--Schrödinger announced that it will host Platform Day on October 6, 2022.

6 months ago - Business Wire

7 Small-Cap Stock Picks to Beat the September Market Slump

When compiling my small-cap stock picks, I tried to choose names that seemed to be benefiting from this new, more “risk-on” environment. Among the encouraging features of the August Consumer Price Ind...

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7 months ago - InvestorPlace

Schrödinger to Present at Citi's 17th Annual BioPharma Conference

NEW YORK--(BUSINESS WIRE)--Schrödinger today announced it will present at Citi's 17th Annual BioPharma Conference.

7 months ago - Business Wire