RNA Chart
About

Avidity Biosciences, Inc., a biopharmaceutical company, engages in the delivery of RNA therapeutics called antibody oligonucleotide conjugates (AOCs). Its AOC platform is designed to combine the specificity of monoclonal antibodies with the precision of RNA therapeutics to target the root cause of diseases previously untreatable with such therapeutics. The company's pipeline has three programs in clinical development, such as Delpacibart zotadirsen which is in Phase 2 EXPLORE44 open-label extension study for the treatment of Duchenne muscular dystrophy; Delpacibart etedesiran which is in Phase 3 development stage for the treatment of people with myotonic dystrophy type 1; and Delpacibart braxlosiran that is in Phase 1/2 development stage for the treatment of facioscapulohumeral muscular dystrophy. The company is also developing precision cardiology candidates targeting rare genetic cardiomyopathies, including AOC 1086 for phospholamban cardiomyopathy and AOC 1072 for protein kinase AMP-activated non-catalytic subunit gamma 2 syndrome. Avidity Biosciences, Inc. was incorporated in 2012 and is headquartered in San Diego, California.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 11.24B
Enterprise Value 9.64B Income -684.63M Sales 18.75M
Book/sh 11.17 Cash/sh 10.94 Dividend Yield —
Payout 0.00% Employees 511 IPO —
P/E — Forward P/E -19.24 PEG —
P/S 599.22 P/B 6.51 P/C —
EV/EBITDA -12.99 EV/Sales 513.97 Quick Ratio 8.75
Current Ratio 9.20 Debt/Eq 2.92 LT Debt/Eq —
EPS (ttm) -4.19 EPS next Y -3.78 EPS Growth —
Revenue Growth -71.10% Earnings 2026-05-11 ROA -26.47%
ROE -43.98% ROIC — Gross Margin 0.00%
Oper. Margin -295.90% Profit Margin 0.00% Shs Outstand 154.48M
Shs Float 131.57M Short Float 5.70% Short Ratio 5.36
Short Interest — 52W High 73.06 52W Low 21.51
Beta 0.93 Avg Volume 2.23M Volume 4.17M
Target Price $74.64 Recom Hold Prev Close $72.75
Price $72.75 Change 0.00%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$74.64
Mean price target
2. Current target
$72.75
Latest analyst target
3. DCF / Fair value
$-39.74
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$72.75
Low
$72.00
High
$96.00
Mean
$74.64

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-11 main Chardan Capital Neutral → Neutral $72
2025-10-29 down TD Cowen Buy → Hold $74
2025-10-28 down Chardan Capital Buy → Neutral $72
2025-10-28 down RBC Capital Outperform → Sector Perform $72
2025-10-27 down Citigroup Buy → Neutral $72
2025-10-27 down Leerink Partners Outperform → Market Perform $72
2025-10-27 down Raymond James Strong Buy → Market Perform —
2025-10-27 down Bernstein Outperform → Market Perform $72
2025-10-27 down Needham Buy → Hold $65
2025-10-27 down HC Wainwright & Co. Buy → Neutral $72
2025-09-22 main Evercore ISI Group Outperform → Outperform $65
2025-09-17 init Roth Capital — → Buy $62
2025-09-15 main B of A Securities Buy → Buy $65
2025-09-12 main HC Wainwright & Co. Buy → Buy $87
2025-09-10 main Needham Buy → Buy $65
2025-09-10 main Chardan Capital Buy → Buy $75
2025-08-08 main Wells Fargo Overweight → Overweight $75
2025-08-08 main Barclays Overweight → Overweight $62
2025-08-08 main Chardan Capital Buy → Buy $75
2025-06-27 reit Cantor Fitzgerald Overweight → Overweight $96
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 1758 127367 — Sale at price 72.45 per share. LEVIN ARTHUR A. Director — 2026-01-21 00:00:00 D
1 4542 329068 — Sale at price 72.45 per share. MACLEAN MICHAEL F. Chief Financial Officer — 2026-01-21 00:00:00 D
2 14387 1042338 — Sale at price 72.45 per share. BOYCE SARAH Chief Executive Officer — 2026-01-21 00:00:00 D
3 4895 354643 — Sale at price 72.45 per share. HUGHES STEVEN GEORGE Officer — 2026-01-21 00:00:00 D
4 6534 473388 — Sale at price 72.45 per share. FLANAGAN WILLIAM MICHAEL Officer — 2026-01-21 00:00:00 D
5 2929 212206 — Sale at price 72.45 per share. MCCARTHY TERESA Officer — 2026-01-21 00:00:00 D
6 1974 142582 — Sale at price 72.23 per share. MACLEAN MICHAEL F. Chief Financial Officer — 2026-01-07 00:00:00 D
7 2374 171474 — Sale at price 72.23 per share. MORIARTY JOHN B Officer — 2026-01-07 00:00:00 D
8 8576 619444 — Sale at price 72.23 per share. BOYCE SARAH Chief Executive Officer — 2026-01-07 00:00:00 D
9 2373 171402 — Sale at price 72.23 per share. HUGHES STEVEN GEORGE Officer — 2026-01-07 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-376.16M-233.50M-177.53M-117.41M
NetIncomeFromContinuingOperationNetMinorityInterest-322.30M-212.22M-174.00M-118.01M
ReconciledDepreciation2.78M2.10M1.39M639.00K
EBITDA-376.16M-233.50M-177.53M-117.41M
EBIT-378.94M-235.60M-178.91M-118.05M
NetInterestIncome56.88M23.97M4.97M104.00K
InterestExpense0.000.00
InterestIncome56.88M23.97M4.97M104.00K
NormalizedIncome-322.30M-212.22M-174.00M-118.01M
NetIncomeFromContinuingAndDiscontinuedOperation-322.30M-212.22M-174.00M-118.01M
TotalExpenses389.83M245.16M188.14M127.38M
TotalOperatingIncomeAsReported-378.94M-235.60M-178.91M-118.05M
DilutedAverageShares111.58M73.01M52.16M20.71M
BasicAverageShares111.58M73.01M52.16M20.71M
DilutedEPS-2.89-2.91-3.34-5.70
BasicEPS-2.89-2.91-3.34-5.70
DilutedNIAvailtoComStockholders-322.30M-212.22M-174.00M-118.01M
NetIncomeCommonStockholders-322.30M-212.22M-174.00M-118.01M
NetIncome-322.30M-212.22M-174.00M-118.01M
NetIncomeIncludingNoncontrollingInterests-322.30M-212.22M-174.00M-118.01M
NetIncomeContinuousOperations-322.30M-212.22M-174.00M-118.01M
PretaxIncome-322.30M-212.22M-174.00M-118.01M
OtherIncomeExpense-248.00K-594.00K-57.00K-62.00K
OtherNonOperatingIncomeExpenses-248.00K-594.00K-57.00K-62.00K
NetNonOperatingInterestIncomeExpense56.88M23.97M4.97M104.00K
InterestExpenseNonOperating0.000.00
InterestIncomeNonOperating56.88M23.97M4.97M104.00K
OperatingIncome-378.94M-235.60M-178.91M-118.05M
OperatingExpense389.83M245.16M188.14M127.38M
ResearchAndDevelopment303.59M190.97M150.40M101.18M
SellingGeneralAndAdministration86.24M54.19M37.73M26.20M
GeneralAndAdministrativeExpense86.24M54.19M37.73M26.20M
OtherGandA86.24M54.19M37.73M26.20M
TotalRevenue10.90M9.56M9.22M9.33M
OperatingRevenue10.90M9.56M9.22M9.33M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber119.89M79.28M69.77M47.75M
ShareIssued119.89M79.28M69.77M47.75M
TotalDebt6.80M9.85M10.69M11.73M
TangibleBookValue1.42B500.76M578.08M381.43M
InvestedCapital1.42B500.76M578.08M381.43M
WorkingCapital1.44B530.63M571.03M381.48M
NetTangibleAssets1.42B500.76M578.08M381.43M
CapitalLeaseObligations6.80M9.85M10.69M11.73M
CommonStockEquity1.42B500.76M578.08M381.43M
TotalCapitalization1.42B500.76M578.08M381.43M
TotalEquityGrossMinorityInterest1.42B500.76M578.08M381.43M
StockholdersEquity1.42B500.76M578.08M381.43M
GainsLossesNotAffectingRetainedEarnings2.90M125.00K-2.70M-187.00K
OtherEquityAdjustments2.90M125.00K-2.70M-187.00K
RetainedEarnings-893.07M-570.76M-358.54M-184.55M
AdditionalPaidInCapital2.32B1.07B939.31M566.16M
CapitalStock12.00K8.00K7.00K5.00K
CommonStock12.00K8.00K7.00K5.00K
PreferredStock0.00
TotalLiabilitiesNetMinorityInterest138.94M127.79M60.73M46.15M
TotalNonCurrentLiabilitiesNetMinorityInterest40.92M47.11M8.82M16.49M
NonCurrentDeferredLiabilities37.96M40.90M1.24M6.53M
NonCurrentDeferredRevenue37.96M40.90M1.24M6.53M
LongTermDebtAndCapitalLeaseObligation2.96M6.21M7.58M9.96M
LongTermCapitalLeaseObligation2.96M6.21M7.58M9.96M
CurrentLiabilities98.02M80.68M51.91M29.66M
CurrentDeferredLiabilities20.99M28.36M5.04M4.86M
CurrentDeferredRevenue20.99M28.36M5.04M4.86M
CurrentDebtAndCapitalLeaseObligation3.84M3.64M3.10M1.77M
CurrentCapitalLeaseObligation3.84M3.64M3.10M1.77M
PensionandOtherPostRetirementBenefitPlansCurrent3.66M14.34M11.19M8.94M
PayablesAndAccruedExpenses69.52M34.34M32.57M14.09M
CurrentAccruedExpenses61.06M25.53M27.93M11.28M
Payables8.46M8.81M4.64M2.81M
AccountsPayable8.46M8.81M4.64M2.81M
TotalAssets1.56B628.55M638.80M427.58M
TotalNonCurrentAssets21.61M17.25M15.86M16.44M
OtherNonCurrentAssets3.32M596.00K849.00K850.00K
NetPPE18.29M16.65M15.01M15.59M
AccumulatedDepreciation-8.00M-5.22M-3.12M-1.73M
GrossPPE26.29M21.87M18.13M17.32M
Leases288.00K288.00K249.00K249.00K
ConstructionInProgress3.96M0.00
OtherProperties14.18M19.48M15.97M15.56M
MachineryFurnitureEquipment2.24M2.11M1.91M1.51M
BuildingsAndImprovements5.62M
Properties0.000.000.000.00
CurrentAssets1.54B611.31M622.94M411.14M
OtherCurrentAssets12.21M5.60M
PrepaidAssets12.57M7.33M8.34M5.60M
Receivables28.22M8.62M3.88M
AccruedInterestReceivable28.22M7.52M1.51M
AccountsReceivable0.001.10M2.36M
CashCashEquivalentsAndShortTermInvestments1.50B595.35M610.73M405.54M
OtherShortTermInvestments1.28B410.27M270.33M85.09M
CashAndCashEquivalents219.87M185.08M340.40M320.45M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-307.94M-123.29M-139.09M-98.55M
RepaymentOfDebt0.000.00
IssuanceOfDebt0.00
IssuanceOfCapitalStock1.00B91.74M344.78M174.68M
CapitalExpenditure-7.07M-4.23M-2.82M-3.74M
InterestPaidSupplementalData0.000.00
EndCashPosition222.66M185.38M340.65M320.70M
BeginningCashPosition185.38M340.65M320.70M321.71M
ChangesInCash37.29M-155.27M19.95M-1.01M
FinancingCashFlow1.19B93.86M346.17M176.32M
CashFlowFromContinuingFinancingActivities1.19B93.86M346.17M176.32M
NetOtherFinancingCharges-11.26M
ProceedsFromStockOptionExercised191.81M2.13M1.39M1.64M
CashDividendsPaid0.00
NetPreferredStockIssuance31.19M0.000.00
PreferredStockIssuance31.19M0.000.00
NetCommonStockIssuance1.00B91.74M344.78M174.68M
CommonStockIssuance1.00B91.74M344.78M174.68M
NetIssuancePaymentsOfDebt0.000.00
NetLongTermDebtIssuance0.000.00
LongTermDebtPayments0.000.00
LongTermDebtIssuance0.00
InvestingCashFlow-854.20M-130.07M-189.96M-82.52M
CashFlowFromContinuingInvestingActivities-854.20M-130.07M-189.96M-82.52M
NetInvestmentPurchaseAndSale-847.13M-125.84M-187.13M-78.78M
SaleOfInvestment586.40M335.16M168.71M6.58M
PurchaseOfInvestment-1.43B-461.00M-355.84M-85.36M
NetPPEPurchaseAndSale-7.07M-4.23M-2.82M-3.74M
PurchaseOfPPE-7.07M-4.23M-2.82M-3.74M
OperatingCashFlow-300.87M-119.06M-136.27M-94.81M
CashFlowFromContinuingOperatingActivities-300.87M-119.06M-136.27M-94.81M
ChangeInWorkingCapital-14.56M61.13M7.07M4.64M
ChangeInOtherWorkingCapital-10.31M62.99M-5.12M-4.44M
ChangeInOtherCurrentLiabilities-3.70M-3.33M-1.76M-234.00K
ChangeInPayablesAndAccruedExpense24.51M4.91M20.57M11.83M
ChangeInAccruedExpense-10.67M3.15M2.25M5.79M
ChangeInPayable35.18M1.77M18.32M6.04M
ChangeInAccountPayable35.18M1.77M18.32M6.04M
ChangeInPrepaidAssets-25.06M-3.44M-6.62M-2.51M
OtherNonCashItems3.30M2.98M2.75M679.00K
StockBasedCompensation51.36M38.22M27.14M17.06M
AmortizationOfSecurities-21.45M-11.27M-615.00K179.00K
DepreciationAmortizationDepletion2.78M2.10M1.39M639.00K
DepreciationAndAmortization2.78M2.10M1.39M639.00K
Depreciation2.78M2.10M1.39M639.00K
OperatingGainsLosses-16.00K
GainLossOnSaleOfPPE-16.00K
NetIncomeFromContinuingOperations-322.30M-212.22M-174.00M-118.01M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for RNA
Date User Asset Broker Type Position Size Entry Price Patterns