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WVE

Wave Life Sciences Ltd.

WVE

NASDAQ·Healthcare·Biotechnology·Mkt cap $957.7M

$4.86

+3.40%

P/E

-4.46

Mkt Cap

$957.7M

52-Wk Range

$4.65–$21.73

52-Week Range

$4.65 - $21.73

P/E

-4.46

Fwd P/E

-4.33

Beta

-1.30

Div Yield

0.00%

Avg Vol

3.4M

Shares Out

188.3M

Mkt Cap

$957.7M

Price action

Price chart

Down 35.9% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

3 reasons

  • Proprietary PRISM platform for stereopure oligonucleotide discovery and optimization
  • Strategic partnerships with Pfizer, Takeda, and leading academic research institutions
  • Differentiated approach to RNA-targeting therapeutics with improved stereochemistry and efficacy

Bear Case

1 risk

  • Low volatility (beta -1.3).

Growth

Revenue decline expected

Advancement of clinical-stage programs toward regulatory milestones and potential approvals

Value

Deep value opportunity - significant discount to Biotech & Therapeutics peers

Momentum

Weak

-14.7% over 3m

Quality

Excellent

Below average quality

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 9, 2026

Q3 26 RECAP

JUL 30, 2026

Reported EPS of -$0.34 vs -$0.30 consensus (-13.4% surprise). Revenue of $2.3M vs $7.4M expected (-69.5%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Estimate

Actual

Q3 26

-13.4%

Revenue trend · last 8Q

+188%

-27%

-56%

+199%

-79%

+317%

-74%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

-$7.7M

$83.7M

$9.2M

$8.7M

$7.6M

$17.2M

$38.2M

$2.3M

Margins · last 8Q

Gross

Operating

Profit

-3052.6%

Wall Street consensus

8 analysts · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

8

100%

Hold

0%

Sell

0%

Median Price Target

Latest: B. Riley · Jul 31, 2026

vs Industry

How WVE stacks vs Biotechnology

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.