HC Wainwright Issues Pessimistic Forecast for MLTX Earnings

MoonLake Immunotherapeutics (NASDAQ:MLTXFree Report) – Investment analysts at HC Wainwright cut their Q1 2025 earnings per share (EPS) estimates for MoonLake Immunotherapeutics in a research note issued on Thursday, February 27th. HC Wainwright analyst R. Selvaraju now expects that the company will earn ($0.77) per share for the quarter, down from their previous forecast of ($0.69). HC Wainwright currently has a “Buy” rating and a $100.00 target price on the stock. The consensus estimate for MoonLake Immunotherapeutics’ current full-year earnings is ($1.79) per share. HC Wainwright also issued estimates for MoonLake Immunotherapeutics’ Q2 2025 earnings at ($0.78) EPS, Q3 2025 earnings at ($0.74) EPS, Q4 2025 earnings at ($0.72) EPS and FY2025 earnings at ($3.00) EPS.

Several other brokerages also recently issued reports on MLTX. The Goldman Sachs Group cut their target price on shares of MoonLake Immunotherapeutics from $82.00 to $73.00 and set a “buy” rating on the stock in a research note on Thursday, February 27th. Needham & Company LLC increased their target price on shares of MoonLake Immunotherapeutics from $62.00 to $66.00 and gave the stock a “buy” rating in a research report on Thursday, February 27th. Finally, Wedbush reiterated an “outperform” rating and set a $73.00 price objective (down from $92.00) on shares of MoonLake Immunotherapeutics in a report on Tuesday, November 5th. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $83.20.

Get Our Latest Research Report on MoonLake Immunotherapeutics

MoonLake Immunotherapeutics Trading Down 4.9 %

MLTX stock opened at $39.71 on Monday. The firm has a 50-day moving average of $46.49 and a two-hundred day moving average of $48.95. The firm has a market capitalization of $2.54 billion, a PE ratio of -30.78 and a beta of 1.28. MoonLake Immunotherapeutics has a one year low of $37.55 and a one year high of $58.26.

MoonLake Immunotherapeutics (NASDAQ:MLTXGet Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The company reported ($0.72) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.63) by ($0.09).

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of MLTX. PNC Financial Services Group Inc. boosted its stake in MoonLake Immunotherapeutics by 3.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 8,500 shares of the company’s stock valued at $460,000 after purchasing an additional 320 shares during the period. Deutsche Bank AG boosted its holdings in MoonLake Immunotherapeutics by 59.8% during the fourth quarter. Deutsche Bank AG now owns 903 shares of the company’s stock valued at $49,000 after purchasing an additional 338 shares in the last quarter. GSA Capital Partners LLP grew its stake in shares of MoonLake Immunotherapeutics by 1.9% in the 3rd quarter. GSA Capital Partners LLP now owns 22,127 shares of the company’s stock valued at $1,116,000 after purchasing an additional 403 shares during the period. Geode Capital Management LLC raised its holdings in shares of MoonLake Immunotherapeutics by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 58,950 shares of the company’s stock worth $3,192,000 after buying an additional 540 shares in the last quarter. Finally, DnB Asset Management AS raised its stake in MoonLake Immunotherapeutics by 11.3% during the fourth quarter. DnB Asset Management AS now owns 8,356 shares of the company’s stock worth $452,000 after acquiring an additional 847 shares in the last quarter. Institutional investors own 93.85% of the company’s stock.

MoonLake Immunotherapeutics Company Profile

(Get Free Report)

MoonLake Immunotherapeutics, a clinical-stage biopharmaceutical company, engages in developing therapies. It develops Sonelokimab, a novel investigational Nanobody for the treatment of inflammation diseases; and hidradenitis suppurativa, psoriatic arthritis, axial spondyloarthritis, and psoriasis. MoonLake Immunotherapeutics was incorporated in 2020 and is headquartered in Zug, Switzerland.

See Also

Earnings History and Estimates for MoonLake Immunotherapeutics (NASDAQ:MLTX)

Receive News & Ratings for MoonLake Immunotherapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MoonLake Immunotherapeutics and related companies with MarketBeat.com's FREE daily email newsletter.