AVIDITY BIOSCIENCES INC

AVIDITY BIOSCIENCES INC

Avidity Biosciences Inc is a biopharmaceutical company developing a platform of antibody drug conjugates for cancer and other diseases.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts recommend buying Avidity Biosciences' stock with a target price of $62.89, indicating strong potential growth.

Average

Financial Health

Avidity Biosciences is generating modest revenue and cash flow, indicating steady but not exceptional performance.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Baskets Featuring RNA

Orphan Drug Moats: Leaders In Rare Disease

Orphan Drug Moats: Leaders In Rare Disease

The FDA's rejection of PTC Therapeutics' drug for a rare genetic disorder has delayed a new treatment option and created a significant setback for the company. This regulatory decision strengthens the competitive position of companies with already-approved therapies for rare diseases, highlighting the value of a proven drug portfolio.

Published: August 20, 2025

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Targeting Superbugs: The Next Wave Of Antibiotics

Targeting Superbugs: The Next Wave Of Antibiotics

GSK's new antibiotic for gonorrhea has received priority review from the FDA, underscoring the urgent need for new antimicrobial treatments. This event signals a potential resurgence in the market for companies developing novel antibiotics to address drug-resistant infections.

Published: August 11, 2025

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Beyond Vaccines: The mRNA Revolution

Beyond Vaccines: The mRNA Revolution

BioNTech's strong vaccine sales are fueling its expansion into new medical fields, particularly cancer treatment. This strategic shift highlights a broader investment opportunity in companies pioneering the next wave of mRNA-based therapies.

Published: August 5, 2025

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Gene Therapy's Regulatory Tailwind

Gene Therapy's Regulatory Tailwind

Sarepta Therapeutics' stock surged after the FDA re-approved its gene therapy for muscular dystrophy, signaling a positive turn for the industry. This development creates a potential tailwind for other biotech companies specializing in novel treatments for rare genetic diseases.

Published: July 30, 2025

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Pioneers In Rare Disease Therapy

Pioneers In Rare Disease Therapy

The FDA's approval of PTC Therapeutics' drug for the rare disorder PKU marks a significant advancement in metabolic disease treatment. This event creates an investment opportunity by highlighting the growth potential of other biopharmaceutical companies specializing in therapies for rare genetic conditions.

Published: July 29, 2025

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Gene Therapy's Competitive Shift

Gene Therapy's Competitive Shift

The European Medicines Agency's recent rejection of Sarepta Therapeutics' gene therapy creates a potential opening for its competitors. This theme focuses on the biopharmaceutical companies that stand to benefit from this regulatory hurdle in the Duchenne muscular dystrophy market.

Published: July 25, 2025

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Pioneers Of Safer Gene Therapies

Pioneers Of Safer Gene Therapies

Discover a carefully selected group of innovative companies developing alternatives to traditional viral vector gene therapies. These stocks represent biotechs working on potentially safer genetic medicine technologies like siRNA and antisense oligonucleotides, handpicked by professional analysts for their pioneering approaches.

Published: July 21, 2025

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Pharma's Next Big Deal

Pharma's Next Big Deal

This carefully curated group of stocks features promising biotech companies with valuable drug pipelines. These smaller firms could become the next targets for lucrative partnerships or acquisitions by pharmaceutical giants, similar to Glenmark's recent $2 billion deal with AbbVie.

Published: July 11, 2025

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AI-Driven Drug Discovery

AI-Driven Drug Discovery

These groundbreaking companies are redefining pharmaceutical research with artificial intelligence. Each has been carefully selected by our analysts for their potential to develop life-saving drugs faster and more efficiently than traditional methods allow.

Published: June 17, 2025

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Lottery Tickets

Lottery Tickets

These visionary companies are betting it all on game-changing innovations that could revolutionize entire industries. Hand-selected by our analysts, each represents a high-risk, high-reward opportunity with potential for explosive growth if their breakthrough technologies succeed.

Published: June 17, 2025

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Why You’ll Want to Watch This Stock

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Novel delivery platform

Avidity’s AOC technology aims to improve tissue delivery of RNA medicines, a potential differentiator β€” though clinical proof is still evolving.

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Data-driven catalysts

Clinical trial readouts and regulatory milestones can be major share-price catalysts; outcomes may be binary and cause volatility.

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Rare-disease focus

Targeting neuromuscular rare diseases offers high unmet need and potential premium pricing, but small patient populations and regulatory hurdles add risk.

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6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

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