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Stock impact report

New Forecasts: Here's What Analysts Think The Future Holds For Verve Therapeutics, Inc. (NASDAQ:VERV) [Yahoo! Finance]

Verve Therapeutics, Inc. (VERV) 
Company Research Source: Yahoo! Finance
The analysts have sharply increased their revenue numbers, with a view that Verve Therapeutics will make substantially more sales than they'd previously expected. Investors have been pretty optimistic on Verve Therapeutics too, with the stock up 37% to US$17.96 over the past week. We'll be curious to see if these new estimates convince the market to lift the stock price higher still. After the upgrade, the consensus from Verve Therapeutics' nine analysts is for revenues of US$10m in 2024, which would reflect a definite 12% decline in sales compared to the last year of performance. Losses are supposed to balloon 29% to US$3.09 per share. However, before this estimates update, the consensus had been expecting revenues of US$9.3m and US$3.40 per share in losses. So there's been quite a change-up of views after the recent consensus updates, with the analysts making a sizeable increase to their revenue forecasts while also reducing the estimated loss as the business grows towards breakev Show less Read more
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