Earnings

B. Riley's Earnings Estimate for Viridian Therapeutics (VRDN) Q2 2025

Published March 5, 2025

On March 3rd, 2025, B. Riley analysts announced their estimated earnings for Viridian Therapeutics, Inc. (NASDAQ:VRDN) for the second quarter of 2025. Analyst K. Patel projects that the company will report an earnings loss of ($1.14) per share for this quarter. Currently, the overall consensus for Viridian's full-year earnings stands at ($4.03) per share.

Recently, Viridian Therapeutics released its latest quarterly earnings data on February 27th. The company showed an earnings per share (EPS) loss of ($0.81), which was better than the consensus estimate that predicted a loss of ($1.05) by $0.24. The reported revenue for the quarter was $0.07 million, exceeding the expected $0.05 million from analysts. Viridian faced a staggering net margin of -85,127.16% and had a negative return on equity of -70.12%.

Several analysts have shared insights into Viridian Therapeutics' stock performance. For instance, HC Wainwright maintained a “buy” rating and assigned a price target of $34.00 per share. Similarly, Needham & Company LLC reiterated a “buy” rating with a price target of $38.00. Royal Bank of Canada increased their price target for the stock from $44.00 to $47.00, also giving it an “outperform” rating. However, Wells Fargo & Company adjusted its rating to “equal weight” with a reduced price target of $27.00, down from $37.00. TD Cowen also started covering the stock with a “buy” recommendation. Overall, there are currently three analysts rating the stock as a hold and nine recommending it as a buy. MarketBeat.com shows the consensus rating on the company as “Moderate Buy” with an average price target of $35.70.

Viridian Therapeutics Stock Overview

As of Tuesday, shares of VRDN began trading at $15.23. Over the past year, the stock has seen a low of $11.40 and a high of $27.20. The company maintains a debt-to-equity ratio of 0.04, along with an impressive quick and current ratio of 18.55. The 50-day moving average price is $18.02, while the 200-day moving average stands at $19.70. Viridian Therapeutics has a market capitalization of $1.21 billion with a price-to-earnings ratio of -3.53 and a beta of 1.32.

Institutional Investment Activity

In recent times, significant institutional investors have made adjustments to their positions in VRDN. Great Point Partners LLC increased its shareholding by 50.0% during the third quarter, acquiring a total of 750,000 shares valued at $17,062,000 after an additional purchase of 250,000 shares. Lord Abbett & Company LLC took a new position in Viridian during the same quarter, worth $8,917,000. Notably, JPMorgan Chase & Co. increased its stake by 218.5%, adding 274,641 shares for a total of 400,351 shares valued at $9,108,000. Similarly, Barclays PLC raised its holdings by 113.1%, owning 125,397 shares valued at $2,851,000 after acquiring 66,550 shares. Point72 Asset Management L.P. also entered the third quarter with a new stake in the company valued at $788,000.

About Viridian Therapeutics

Viridian Therapeutics, Inc. is a biotechnology firm dedicated to discovering and developing treatments for rare diseases. Its product pipeline includes VRDN-001, a monoclonal antibody targeting the insulin-like growth factor-1 receptor, currently in Phase 3 trials for thyroid eye disease (TED), and VRDN-003, a next-generation IGF-1R humanized monoclonal antibody designed for TED treatment.

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