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ADVM - Adverum Biotech...

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Adverum Biotechnologies, Inc.

ADVM

NASDAQ

Adverum Biotechnologies, Inc., a clinical-stage gene therapy company, develops gene therapy product candidates to treat ocular and rare diseases. Its lead product candidate is ADVM-022, a single intravitreal injection gene therapy candidate used for the treatment of patients with chronic retinal, including wet age-related macular degeneration and diabetic macular edema. Adverum Biotechnologies, Inc. has license and collaboration agreements with University of California; Cornell University; GenSight; Lexeo; and Virovek. The company was formerly known as Avalanche Biotechnologies, Inc. and changed its name to Adverum Biotechnologies, Inc. in May 2016. Adverum Biotechnologies, Inc. was incorporated in 2006 and is headquartered in Redwood City, California.

3.33 USD

0.07 (2.1%)

Historical Prices

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3.183.23.253.33.353.43.4109:30 AM09:49 AM10:21 AM10:41 AM10:59 AM11:19 AM11:42 AM12:01 PM12:20 PM12:39 PM12:57 PM01:16 PM01:35 PM01:53 PM02:17 PM02:35 PM02:52 PM03:09 PM03:26 PM03:43 PM

About

ceo

Dr. Laurent Fischer

sector

Healthcare

industry

Biotechnology

exchange

NASDAQ

Description

Adverum Biotechnologies, Inc., a clinical-stage gene therapy company, develops gene therapy product candidates to treat ocular and rare diseases. Its lead product candidate is ADVM-022, a single intravitreal injection gene therapy candidate used for the treatment of patients with chronic retinal, including wet age-related macular degeneration and diabetic macular edema. Adverum Biotechnologies, Inc. has license and collaboration agreements with University of California; Cornell University; GenSight; Lexeo; and Virovek. The company was formerly known as Avalanche Biotechnologies, Inc. and changed its name to Adverum Biotechnologies, Inc. in May 2016. Adverum Biotechnologies, Inc. was incorpor...

CIK

0001501756

ISIN

US00773U1088

CUSIP

00773U108

Address

800 Saginaw Drive

Phone

650 656 9323

Country

US

Employee

155

IPO Date

Jul 31, 2014

Financial Statement

-70M-60M-50M-40M-30M-20M-10M010M2023 Q42024 Q12024 Q22024 Q32024 Q4RevenueNet Income

Earnings

-7-6-5-4-3-2-102023 Q22023 Q32023 Q42024 Q12024 Q22024 Q32024 Q42025 Q1EPS Consensus

ADVM Financial Summary

CIK

0001501756

Exchange

NASDAQ

Industry

Biotechnology

Sector

Healthcare

CUSIP

00773U108

ISIN

US00773U1088

Country

US

Price

3.33

Beta

1.09

Volume Avg.

253.94k

Market Cap

69.57M

Shares

-

52-Week

2.64-10.84

DCF

-1.63

ROE

-

ROA

-

Operating Margin

-

Debt/Equity

-

P/E

-0.5

P/B

-

Website

https://www.adverum.com

Upgrades and Downgrades

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Latest ADVM News

Danny Green

Apr 3, 2025

Adverum Biotechnologies Faces Investigation and Financial Re...

Adverum Biotechnologies, Inc. (NASDAQ:ADVM) is under scrutiny as Pomerantz LLP investigates potential securities fraud or other unlawful practices. This follows Adverum's disclosure of unreliable financial statements due to non-cash errors related to tenant improvement allowances. The company plans to restate its financials for 2022, 2023, and quarterly data for 2023 and 2024. This announcement led to a 12.36% drop in ADVM's stock price, closing at $3.83 on April 1, 2025. Despite the investigat...

Stuart Mooney

Apr 2, 2025

Adverum Biotechnologies, Inc. (NASDAQ:ADVM) Faces Scrutiny A...

Adverum Biotechnologies, Inc. (NASDAQ:ADVM) is a biotechnology company focused on developing gene therapies for ocular and rare diseases. On April 2, 2025, Leonard Braden Michael, a significant shareholder with a 10% stake, purchased 15,209 shares of ADVM at $4.04 each. This acquisition increased his total ownership to 2,757,526 shares, reflecting confidence in the company's potential. Despite this insider purchase, Adverum faces scrutiny as Levi & Korsinsky investigates potential federal secur...

GlobeNewsWire

Aug 2, 2024

Adverum Biotechnologies to Participate in the H.C. Wainwrigh...

REDWOOD CITY, Calif., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Adverum Biotechnologies, Inc. (Nasdaq: ADVM), a clinical-stage company pioneering the use of gene therapy as a new standard of care for highly prevalent ocular diseases, today announced that Laurent Fischer, M.D., president and chief executive officer of Adverum Biotechnologies, will participate in a fireside chat at the H.C. Wainwright 4th Annual Ophthalmology Virtual Conference on August 15, 2024 at 2:00 p.m. ET.

Zacks Investment Research

Jul 18, 2024

Is Adverum Biotechnologies (ADVM) Stock Outpacing Its Medica...

Here is how Adverum Biotechnologies (ADVM) and Medpace (MEDP) have performed compared to their sector so far this year.

Seeking Alpha

Jul 17, 2024

Adverum Biotechnologies, Inc's (ADVM) 26-Week Interim Analys...

Adverum Biotechnologies, Inc. (NASDAQ:ADVM ) 26-Week Interim Analysis of the LUNA Phase 2 Trial Update Call July 17, 2024 8:00 AM ET Company Participants Mike Zanoni - Head of IR Laurent Fischer - President & CEO Charles Wykoff - Director of Research, Retina Consultants of Texas Conference Call Participants Joon Lee - Truist Securities Joseph Thome - TD Cowen Francois Brisebois - Oppenheimer Graig Suvannavejh - Mizuho Securities Luca Issi - RBC Capital Daniil Gataulin - Chardan Operator Hello, l...

Zacks Investment Research

Jul 16, 2024

Wall Street Analysts Think Adverum Biotechnologies (ADVM) Co...

The mean of analysts' price targets for Adverum Biotechnologies (ADVM) points to a 290.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Zacks Investment Research

May 10, 2024

Down -19.72% in 4 Weeks, Here's Why You Should You Buy the D...

Adverum Biotechnologies (ADVM) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

GlobeNewsWire

May 3, 2024

Adverum Biotechnologies to Participate in Upcoming May Inves...

REDWOOD CITY, Calif., May 03, 2024 (GLOBE NEWSWIRE) -- Adverum Biotechnologies, Inc. (Nasdaq: ADVM), a clinical-stage company pioneering the use of gene therapy as a new standard of care for highly prevalent ocular diseases, today announced that the company will present at the following upcoming investor conferences:

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