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Market Cap 745.15M P/E - EPS this Y -31.70% Ern Qtrly Grth -
Income -153.22M Forward P/E -3.61 EPS next Y -0.40% 50D Avg Chg 2.00%
Sales 78.12M PEG -1.25 EPS past 5Y - 200D Avg Chg -2.00%
Dividend N/A Price/Book 1.93 EPS next 5Y 1.70% 52W High Chg -54.00%
Recommedations 2.40 Quick Ratio 5.27 Shares Outstanding 82.23M 52W Low Chg 44.00%
Insider Own 0.32% ROA -20.87% Shares Float 76.15M Beta 2.02
Inst Own 80.25% ROE -43.17% Shares Shorted/Prior 18.76M/13.93M Price 9.14
Gross Margin -127.40% Profit Margin -196.13% Avg. Volume 2,131,251 Target Price 15.64
Oper. Margin -39.90% Earnings Date Jun 3 Volume 2,828,565 Change 5.66%
About Editas Medicine, Inc.

Editas Medicine, Inc., a clinical stage genome editing company, focuses on developing transformative genomic medicines to treat a range of serious diseases. It develops a proprietary gene editing platform based on CRISPR technology. The company develops EDIT-101, which is in Phase 1/2 BRILLIANCE trial for Leber Congenital Amaurosis; and reni-cel, a clinical development gene-edited medicine to treat sickle cell disease and transfusion-dependent beta-thalassemia. In addition, the company is developing alpha-beta T cells for solid and liquid tumors; and gamma delta T cell therapies to treat cancer. It has a research collaboration with Juno Therapeutics, Inc. to develop engineered T cells for cancer; and strategic alliance and option agreement with Allergan Pharmaceuticals International Limited, as well as collaboration with Bristol Myers Squibb for research and development of alpha-beta T cell medicines for the treatment of cancer and autoimmune diseases. The company was formerly known as Gengine, Inc. and changed its name to Editas Medicine, Inc. in November 2013. Editas Medicine, Inc. was incorporated in 2013 and is based in Cambridge, Massachusetts.

Editas Medicine, Inc. News
05/05/24 Editas Medicine, Inc. (NASDAQ:EDIT) is a favorite amongst institutional investors who own 71%
05/02/24 Editas Medicine Announces First Quarter 2024 Results Conference Call and Upcoming Investor Events
05/01/24 Editas Medicine and Bristol Myers Squibb Extend Alpha-Beta T Cell Collaboration
04/29/24 12 Under-the-Radar Stocks With Massive Upside for 2024
04/26/24 Will Editas Medicine (EDIT) Report Negative Q1 Earnings? What You Should Know
04/22/24 Editas Medicine to Present Pre-clinical Data Demonstrating Progression of in vivo Medicines Pipeline at the American Society of Gene and Cell Therapy Annual Meeting
03/29/24 Why Is Editas (EDIT) Down 26.2% Since Last Earnings Report?
03:31 AM 1 Wall Street Analyst Raises Editas Medicine's Price Target by 45%. Here's Why She's Right.
03/05/24 Insider Sells Shares of Editas Medicine Inc (EDIT)
03/04/24 1 Beaten-Down Stock With 55% Upside, According to Wall Street
03/02/24 Why Editas Medicine Stock Soared as Much as 42% Higher This Week
03/02/24 Editas Medicine, Inc. (NASDAQ:EDIT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates
02/29/24 Editas Medicine, Inc. (NASDAQ:EDIT) Q4 2023 Earnings Call Transcript
02/29/24 Editas (EDIT) Q4 Earnings & Revenues Top Estimates, Stock Up
02/28/24 Q4 2023 Editas Medicine Inc Earnings Call
02/28/24 Editas Medicine (EDIT) Reports Q4 Loss, Tops Revenue Estimates
02/28/24 Editas Medicine Inc (EDIT) Reports Improved Financials and Advances in Gene Editing Trials
02/28/24 Editas Medicine Announces Fourth Quarter and Full Year 2023 Results and Business Updates
02/21/24 Editas Medicine Announces Fourth Quarter and Full Year 2023 Results Conference Call and Upcoming Investor Events
02/19/24 Wall Street Analysts Believe Editas (EDIT) Could Rally 80%: Here's is How to Trade
EDIT Chatroom

User Image Whoami1989 Posted - 4 hours ago

$EDIT the most pathetic stock to invest in

User Image Quickdood Posted - 4 hours ago

$EDIT Tomorrow the updates provided during the call should matter more than the earnings but if anyone is interested I attached the quarterly estimates as a picture. Looks like consensus is a 66 cent loss. Earnings are reported before market open. Watch out for tricks!

User Image russellkbrett Posted - 5 hours ago

@nrp Same. It has been a slow melting ice cube since early March on most the the CRISPR stocks on very low volume. I think shorts just kept hitting a very thin bid as long as it works but that doesn't work forever. 8 consecutive weeks down and there's some 19M shares short now on $EDIT with no downward revisions since the last ER. Stifel still @ $17 (from $9 upgraded last Sept) with positive updates since. No reason this should be below last years all-time-low.

User Image AivelX Posted - 5 hours ago

đź’ˇ #AivelX Tomorrow Premarket Earnings Insights (1/2) $ACMR - Ref.Earnings: 16 Gap Up Prob.: 94%, max +6.3%, min -0.6%, avg +1.3% Avg Low vs Open: -1.4% Avg Close vs Low: +2.9% Avg Low-High %: 4.7% 5 Days Later: 69% new highs, 56% new lows Earnings Day: 44% broke 28 (+2%) $EDIT - Ref.Earnings: 40 Gap Up Prob.: 80%, max +18%, min -4.1%, avg +1.5% Avg Low vs Open: -2.2% Avg Close vs Low: +5.9% Avg Low-High %: 8.7% 5 Days Later: 55% new highs, 70% new lows Earnings Day: 30% broke 6.3 (+10%) $SUN - Ref.Earnings: 438 Gap Up Prob.: 40%, max +9.6%, min -18.5%, avg -1% Avg Low vs Open: -3.4% Avg Close vs Low: +1.8% Avg Low-High %: 5.1% 5 Days Later: 45% new highs, 74% new lows Earnings Day: 13% broke 57 (+3%) Get Early Access to our Live platform for more insights about hundreds of tickers, link in bio âś… #AI #Python

User Image russellkbrett Posted - 5 hours ago

@nrp You'd never know $BEAM even reported this morning looking at the anemic volume over there. Did well over 7M total on the last report (Feb 27th). That stock still has more than 13M shares held short and is not even doing 1M total volume today. Share price was cut in half from the highs of the last ER. My take is that too much of the floats now are held short within the entire group ($CRSP $EDIT $PRME VERV CRBU) that there's not enough available shares in the daily churn to provide the liquidity needed to cover all without moving the price up substantially. Would be nice to see a big open sustain an upside momentum in order to get them more motivated.

User Image Do_The_Opposite Posted - 5 hours ago

$EDIT ER leaking, I want to see close to 6 close today

User Image Do_The_Opposite Posted - 5 hours ago

$EDIT Surprised cannot even get a penny excitement on ER for tomorrow

User Image epsguid Posted - 6 hours ago

Options are priced for bigger-than-average #earnings move for $EDIT reporting 5/8/2024 via @eWhispers #volatility http://eps.sh/s/edit

User Image Do_The_Opposite Posted - 6 hours ago

$EDIT So @Zippy99 said we hit 7.77 tomorrow

User Image Do_The_Opposite Posted - 6 hours ago

$EDIT I decided to buy more before WE tomorrow. Look at the stocks performance on ER day. Pretty impressive overtime

User Image Do_The_Opposite Posted - 6 hours ago

$EDIT Does Wall Street Bets still exist? If so someone tell them this is a prime candidate to Squeeze

User Image Whoami1989 Posted - 6 hours ago

$EDIT this fpos cant hold any gain. pumpers please tell ke why

User Image Do_The_Opposite Posted - 6 hours ago

$EDIT I wonder when the institutions are going to cover

User Image Do_The_Opposite Posted - 7 hours ago

$EDIT Shorting this little piggy with everyone else....

User Image Do_The_Opposite Posted - 7 hours ago

$EDIT looking to pick the baby up tomorrow at 5.10

User Image nrp Posted - 8 hours ago

$EDIT $Beam reported and stock has performed very well. I feel comfortable with tomorrows report. I added more today.

User Image DoctrBenway Posted - 10 hours ago

$EDIT Added @ 5.62

User Image 777Dog Posted - 10 hours ago

$EDIT Good news...technology works...magnificent results....Biblical Bad news...tutes own over 70% so retail just tagging along waiting for payday... When will the tutes drive it above $20 bucks...I dunno, but they will if they aren't sitting on it for a buyer...

User Image donkeydink Posted - 10 hours ago

$EDIT makes the blind see (*price falls*) 🤦🏻‍♂️

User Image Quickdood Posted - 11 hours ago

$EDIT Very low volume this morning.

User Image Quickdood Posted - 11 hours ago

@paidBearByTheIMF Very good question, I don't have a solid answer but I do have some guesses. Guess 1: This stock is part of a basket of stocks that are suppose to be interest rate sensitive. When we get high inflation news this tanks. In this scenario EDIT would not be getting individual attention, it is just being shorted as part of a basket. Guess 2: Market makers are hoping price matters more to retail than news. In addition they are probably hoping retail doesn't really follow or understand the news on $EDIT. They hope retail will capitulate based on price alone. Those are my guesses, maybe reality is a hybrid of those two guesses. Either way I think patients will be rewarded.

User Image nrp Posted - 11 hours ago

$EDIT I can't believe this is a 6.00 dollar stock.

User Image Do_The_Opposite Posted - 11 hours ago

$EDIT Well with ER tomorrow and over 7 tomorrow will we see at least 6 today.

User Image Quickdood Posted - 11 hours ago

$EDIT The good news just keeps on rolling in. We're witnessing the birth of the industry that may cure all genetic disease. Investing aside, this is a very exciting time to be a human.

User Image burbs88 Posted - 14 hours ago

$CRSP $EDIT $CRBU Entire sector has similar charts and is about to reverse. These are my favorites. Ridiculous long term upside on all of these, with CRSPR theraputics my favorite lower risk decade long hold. Shorter term, CRBU can absolutely fly within only 1 month and EDIT within 1 year. My gains will likely go back into CRSPR theraputics long term.

User Image BoeingStingray Posted - 19 hours ago

Participants of pioneering CRISPR gene editing trial see vision improve | OHSU News $Crsp $edit $beam $ntla https://news.ohsu.edu/2024/05/06/participants-of-pioneering-crispr-gene-editing-trial-see-vision-improve

User Image 777Dog Posted - 22 hours ago

$EDIT Oh my...CNN just picked up the story with in-depth praise of Editas...link below including this nugget: [The latest results from the Phase 1/2 trial support moving forward with a Phase 3 trial and then ultimately registering the therapy for possible FDA approval, Pierce said. “We are working with Editas to identify an additional commercial partner for Phase 3 studies. We’re actually hoping this publication will stimulate interest in the biotech and pharma communities about that,” Pierce said.] Buckle up... https://www.cnn.com/2024/05/06/health/gene-editing-blindness-study-scn/index.html

User Image 777Dog Posted - 22 hours ago

$EDIT They should make these therapies profitable for these rare diseases...$$$ is the obvious corporate attraction for the more common diseases like glaucoma, but nobody can deny the proof of principle aspect of this study as well as the simple fact that Editas technology works IN VIVO and improves lives... "This trial shows CRISPR gene editing has exciting potential to treat inherited retinal degeneration," said Mark Pennesi, M.D., Ph.D., a corresponding author on the paper, an ophthalmologist and Oregon Health & Science University's lead scientist for the Phase 1/2 BRILLIANCE trial. "There is nothing more rewarding to a physician than hearing a patient describe how their vision has improved after a treatment. One of our trial participants has shared several examples, including being able to find their phone after misplacing it and knowing that their coffee machine is working by seeing its small lights."

User Image 777Dog Posted - 22 hours ago

$EDIT The two kids were from Penn...let's mark this success in the "medical miracles" column...home run... “Our patients are the first congenitally blind children to be treated with gene-editing, which significantly improved their ability to see things like daylight"... " This trial represents a landmark in the treatment of genetic diseases, in specific, genetic blindness, by offering an important alternative treatment, when traditional forms of gene therapy, such as gene augmentation, are not an option.”... There were no events of side effects reported in the study or any “dose-limiting toxicities”... Leber congenital amaurosis (LCA) is the most common cause of inherited blindness in childhood. https://www.pennmedicine.org/news/news-releases/2024/may/gene-editing-improves-sight-in-children-treated-for-blindness

User Image Hagler Posted - 1 day ago

$EDIT slow but surely the breakthrough will come and we will fly and also help people and give hope. https://www.masseyeandear.org/news/press-releases/2024/05/crispr-gene-editing-improves-vision-for-people-with-inherited-blindness

Analyst Ratings
Citigroup Buy Feb 29, 24
Barclays Equal-Weight Feb 29, 24
JP Morgan Neutral Feb 27, 24
Truist Securities Buy Dec 12, 23
Citigroup Buy Oct 24, 23
JP Morgan Neutral Oct 18, 23
Cantor Fitzgerald Neutral Oct 17, 23
Stifel Buy Sep 29, 23
Cantor Fitzgerald Overweight Sep 13, 23
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Eaton Bruce EVP, CBO AND CTO EVP, CBO AND CTO Sep 06 Sell 8.82 103 908 75,728 09/07/23
ROBERTSON MICHELLE EVP, CHIEF FINANCIAL.. EVP, CHIEF FINANCIAL OFFICER Dec 05 Sell 10.23 193 1,974 82,282 12/06/22
Eaton Bruce EVP, CHIEF BUSINESS.. EVP, CHIEF BUSINESS OFFICER Dec 05 Sell 10.23 102 1,043 64,636 12/06/22
ROBERTSON MICHELLE EVP, CHIEF FINANCIAL.. EVP, CHIEF FINANCIAL OFFICER Sep 06 Sell 15.0100 192 2,882 82,475 09/08/22
Eaton Bruce EVP, CHIEF BUSINESS.. EVP, CHIEF BUSINESS OFFICER Sep 06 Sell 15.0100 101 1,516 65,027 09/08/22
ROBERTSON MICHELLE Chief Financial Offi.. Chief Financial Officer Jan 11 Sell 25.70 1,744 44,821 31,462 01/13/22
Albright Charles EVP/Chief Scientific.. EVP/Chief Scientific Officer Dec 17 Option 16.51 10,000 165,100 34,907 12/17/20
Albright Charles EVP/Chief Scientific.. EVP/Chief Scientific Officer Dec 17 Sell 63.66 10,000 636,600 24,907 12/17/20