What is HC Wainwright’s Estimate for ARTV FY2024 Earnings?

Artiva Biotherapeutics, Inc. (NASDAQ:ARTV) – Equities researchers at HC Wainwright issued their FY2024 EPS estimates for Artiva Biotherapeutics in a research note issued to investors on Monday, December 30th. HC Wainwright analyst E. White forecasts that the company will earn ($6.00) per share for the year. HC Wainwright currently has a “Buy” rating and a $20.00 target price on the stock. The consensus estimate for Artiva Biotherapeutics’ current full-year earnings is ($4.68) per share. HC Wainwright also issued estimates for Artiva Biotherapeutics’ Q4 2024 earnings at ($0.74) EPS, Q1 2025 earnings at ($0.76) EPS, Q2 2025 earnings at ($0.78) EPS, Q3 2025 earnings at ($0.81) EPS, Q4 2025 earnings at ($0.86) EPS, FY2025 earnings at ($3.21) EPS, FY2026 earnings at ($0.78) EPS and FY2027 earnings at ($0.92) EPS.

Separately, Needham & Company LLC restated a “buy” rating and set a $23.00 price target on shares of Artiva Biotherapeutics in a research note on Wednesday, November 13th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat, Artiva Biotherapeutics currently has an average rating of “Buy” and an average price target of $21.00.

Artiva Biotherapeutics Stock Performance

NASDAQ:ARTV opened at $10.08 on Wednesday. The stock has a 50 day moving average price of $11.37. Artiva Biotherapeutics has a 52 week low of $9.68 and a 52 week high of $17.31.

Artiva Biotherapeutics (NASDAQ:ARTV) last issued its earnings results on Tuesday, November 12th. The company reported ($0.92) earnings per share for the quarter, missing the consensus estimate of ($0.68) by ($0.24).

Hedge Funds Weigh In On Artiva Biotherapeutics

Institutional investors have recently modified their holdings of the company. Charles Schwab Investment Management Inc. bought a new stake in shares of Artiva Biotherapeutics during the 3rd quarter worth $623,000. BNP Paribas Financial Markets acquired a new position in Artiva Biotherapeutics during the 3rd quarter worth $42,000. MetLife Investment Management LLC bought a new stake in Artiva Biotherapeutics during the third quarter valued at about $135,000. Acuta Capital Partners LLC acquired a new stake in shares of Artiva Biotherapeutics in the third quarter valued at about $680,000. Finally, RTW Investments LP acquired a new stake in shares of Artiva Biotherapeutics in the third quarter valued at about $2,300,000.

About Artiva Biotherapeutics

Artiva Biotherapeutics, Inc, a clinical-stage biotechnology company, focuses on developing natural killer (NK) cell-based therapies for patients suffering from autoimmune diseases and cancers. The company’s lead product candidate is AB-101, an off-the-shelf NK cell therapy for patients with autoimmune diseases and cancers, such as lupus nephritis, rheumatoid arthritis, pemphigus vulgaris, the anti-neutrophil cytoplasmic antibody-associated vasculitis subtypes granulomatosis with polyangiitis/microscopic polyangiitis, systemic lupus erythematosus, and B-cell-non-Hodgkin lymphoma.