Dyne Therapeutics, Inc. (DYN) Stock Price & Analysis

Dyne Therapeutics, Inc. (DYN) closed at USD 16.98 on Wednesday, October 28, 2026, up 0.24% on the day. The US market is currently closed (after-hours); this is not a live price.

The prior close was USD 16.94; the Oct 28, 2026 session ranged USD 16.17–17.12 on volume of 2,176,074 shares. Market capitalization is $3.17B, with a 52-week range of USD 14–27.31 (NMS). Source: Nexqual, retrieved October 28, 2026 at 21:24 UTC.

Also available as compact Markdown for AI agents: nexqual.com/DYN.md

Key facts (DYN)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (DYN)

USDFY2021FY2022FY2023FY2024FY2025TTM
Operating income-$150M-$171M-$242M-$344M-$468M-$537M
Net income-$149M-$168M-$236M-$317M-$446M-$519M
EPS (diluted)-$2.93-$3.23-$3.95-$3.37-$3.47—
Free cash flow-$123M-$157M-$189M-$295M-$405M-$480M
Cash + short-term investments$377M$256M$123M$642M$1.11B—
Total debt———$0K$149M—

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (DYN)

P/B 4.5x · FCF yield -15.15% · Earnings yield -16.38% · Net cash $699M · EV $2.47B

Insider sales (SEC Form 4, open-market, last ~7 months) (DYN)

28 of 29 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

Trade dateInsiderRoleSharesValue% of holdings sold10b5-1 planInsider type
2026-09-04…2026-09-08Friedl-Naderer JohannaChief Commercial Officer1,085$25K0.7%YesToo little history (no open-market trades in 2023 or 2024)
2026-09-04…2026-09-08Kerr DouglasChief Medical Officer5,035$116K3%YesToo little history (no open-market trades in 2023 or 2024)
2026-09-08Cox JohnCEO & President5,658$107K1.3%YesToo little history (no open-market trades in 2023)
2026-08-13…2026-08-14Rhodes Jason PDirector2,586,928$65.2M85.8%Yes (adopted July 13, 2026)Too little history (no open-market trades in 2023 or 2025)
2026-08-13Friedl-Naderer JohannaChief Commercial Officer226$6K0.1%YesToo little history (no open-market trades in 2023 or 2024)
2026-08-13Kerr DouglasChief Medical Officer1,556$41K0.9%YesToo little history (no open-market trades in 2023 or 2024)
2026-08-13Cox JohnCEO & President4,986$131K1.1%YesToo little history (no open-market trades in 2023)
2026-08-13Lucera ErickChief Financial Officer1,797$47K1.5%YesToo little history (no open-market trades in 2023–2025)
2026-07-27Kersten DirkDirector261,460$6.7M6.8%YesToo little history (no open-market trades in 2023 or 2025)
2026-07-06…2026-07-07Rhodes Jason PDirector777,451$17.9M99.6%Yes (adopted March 19, 2026)Too little history (no open-market trades in 2023 or 2025)
2026-06-26…2026-06-29Rhodes Jason PDirector504,695$10.7M34.1%Yes (adopted March 19, 2026)Too little history (no open-market trades in 2023 or 2025)
2026-06-25Lucera ErickChief Financial Officer2,362$48K1.9%NoToo little history (no open-market trades in 2023–2025)
2026-06-23…2026-06-25Rhodes Jason PDirector267,760$5.6M19.9%Yes (adopted March 19, 2026)Too little history (no open-market trades in 2023 or 2025)
2026-06-22…2026-06-23Kersten DirkDirector263,962$5.5M6.4%YesToo little history (no open-market trades in 2023 or 2025)
2026-06-17…2026-06-18Kersten DirkDirector84,355$1.7M2%YesToo little history (no open-market trades in 2023 or 2025)
2026-06-16Kerr DouglasChief Medical Officer887$16K0.5%YesToo little history (no open-market trades in 2023 or 2024)
2026-06-16Friedl-Naderer JohannaChief Commercial Officer145$3K0.1%YesToo little history (no open-market trades in 2023 or 2024)
2026-06-16Cox JohnCEO & President2,683$49K0.6%YesToo little history (no open-market trades in 2023)
2026-05-13Friedl-Naderer JohannaChief Commercial Officer228$4K0.1%YesToo little history (no open-market trades in 2023 or 2024)
2026-05-13Kerr DouglasChief Medical Officer1,564$29K0.9%YesToo little history (no open-market trades in 2023 or 2024)

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Insider purchases (SEC Form 4, open-market, last ~7 months) (DYN)

5 purchases, $197K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.

Trade dateInsiderRoleSharesValueAvg priceInsider type
2026-10-02Posner Brian SDirector2,500$40K16Too little history (no open-market trades in 2023–2025)
2026-06-08Posner Brian SDirector2,000$34K16.94Too little history (no open-market trades in 2023–2025)
2026-06-03Posner Brian SDirector2,500$44K17.48Too little history (no open-market trades in 2023–2025)
2026-05-26Posner Brian SDirector2,000$36K18.21Too little history (no open-market trades in 2023–2025)
2026-05-20Posner Brian SDirector2,500$43K17.12Too little history (no open-market trades in 2023–2025)

Analysts (DYN)

Consensus Buy (mean 2.00 on a 1–5 scale), 17 analysts; mean target USD 36 (low 10, high 50).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-28OppenheimerDowngradeOutperform → Perform$40 → $15
2026-09-30Chardan CapitalMaintainedBuy$38
2026-09-30HC Wainwright & Co.Target loweredBuy$50 → $32
2026-09-29Piper SandlerReiteratedOverweight$47
2026-09-09Morgan StanleyTarget loweredOverweight$45 → $36
2026-09-09JP MorganDowngradeNeutral → Underweight$17 → $10
2026-09-09RBC CapitalTarget loweredOutperform$35 → $30
2026-09-09BairdTarget loweredOutperform$30 → $26
2026-07-31Morgan StanleyTarget loweredOverweight$47 → $45
2026-07-30RBC CapitalTarget raisedOutperform$30 → $35
2026-07-23Cantor FitzgeraldInitiatedOverweight

Total return (dividends reinvested) (DYN)

1Y (from 2025-10-29)5Y (from 2021-10-25)
Total return-28.1%+17.0%
S&P 500 (SPY)+13.6%+79.8%
Per year-28.2%+3.2%
Volatility (annualized)66.6%78.9%
Max drawdown-46.8% (Aug 2026→Oct 2026)-84.9% (Aug 2024→Apr 2025)

DYN earnings history and stock reaction

Results filedQuarterEPSConsensusSurpriseStock reaction
Jul 29, 2026Quarter ended Jun 30, 2026−$1.08−$0.75Miss −44.0%-0.7%
May 11, 2026Quarter ended Mar 31, 2026−$0.73−$0.78Beat +6.4%+4.3%
Mar 2, 2026Quarter ended Dec 31, 2025−$0.73−$0.76Beat +3.9%-6.5%
Jan 12, 2026Quarter ended Dec 31, 2025−$0.73−$0.76Beat +3.9%-4.1%
Nov 5, 2025Quarter ended Sep 30, 2025−$0.76−$0.85Beat +10.6%-15.4%
Jul 28, 2025————-7.5%
May 8, 2025————+21.4%
Feb 27, 2025————-1.3%

EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).

DYN recent SEC filings (last 120 days)

FiledFormWhat it says
Sep 29, 20268-KRegulation FD disclosure; Other material event
“On September 29, 2026, the Company issued a press release and presentation announcing additional one-year clinical data from the ACHIEVE trial evaluating z-basivarsen in individuals with DM1. The new data come from a pooled dose group of participants (N=25-26) from the 3.4 mg/kg every four weeks, 5.4 mg/kg every 8 weeks and 6.8 mg/kg every 8 weeks cohorts of the MAD portion of the ACHIEVE trial (the "pooled dose group"), including participants originally assigned to the placebo group (re-baselined to the visit…”
Aug 13, 2026Schedule 13G/AAtlas Venture Fund XI, L.P., Atlas Venture Associates XI, L.P.: 2.4% of shares, passive 5%+ holder (amended)
Aug 13, 2026Schedule 13G/AJANUS HENDERSON GROUP Ltd.: 7.3% of shares, passive 5%+ holder (amended)
Aug 6, 2026Schedule 13G/AFMR LLC, Abigail P. Johnson: 6.8% of shares, passive 5%+ holder (amended)
Jul 29, 20268-KQuarterly results
Jul 29, 202610-QQuarterly report · period ended Jun 30, 2026
Jul 28, 2026Schedule 13G/ABlackRock, Inc.: 7.0% of shares, passive 5%+ holder (amended)
Jul 22, 20268-KEntered a material agreement; Other material event
“On July 21, 2026, Dyne Therapeutics, Inc. (the "Company") entered into an underwriting agreement (the "Underwriting Agreement") with Morgan Stanley & Co. LLC and Jefferies LLC, as representatives of the several underwriters named therein (the "Underwriters"), relating to an underwritten public offering (the "Offering") of 18,300,000 shares (the "Underwritten Shares") of the Company's common stock, par value $0.0001 per share (the "Common Stock"). All of the Underwritten Shares are being sold by the Company. The…”
Jul 20, 20268-KOther material event
“On July 20, 2026, Dyne Therapeutics, Inc. (the "Company") announced that the U.S. Food and Drug Administration ("FDA") has accepted for review its biologics license application ("BLA") for zeleciment rostudirsen (z-rostudirsen, also known as DYNE-251) for the treatment of individuals with Duchenne muscular dystrophy ("DMD") amenable to exon 51 skipping. The FDA has granted the BLA Priority Review and assigned a Prescription Drug User Fee Act target action date of January 21, 2027. The Company continues to expect a…”

Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.

DYN suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
PartnerHercules Capital, Inc. (HTGC)“To date, we have financed our operations with the proceeds raised from the sale of equity securities and borrowing under the Loan Agreement with Hercules.”
PartnerEntrada Therapeutics, Inc. (TRDA)“VX-670, an endosomal escape vehicle technology with a CUG steric blocker oligonucleotide by Entrada Therapeutics, Inc. in collaboration with Vertex Pharmaceuticals Incorporated, or Vertex, being evaluated in a Phase 1/2 clinical trial in Canada, the United Kingdom, the European Union and Australia;”
PartnerAvidity Biosciences“Additionally, in December 2025, for no monetary consideration, we entered into a global cross-license agreement with Avidity Biosciences, Inc., pursuant to which each party granted to the other a royalty-free, fully paid up, non-exclusive license with the right to sublicense, to certain of such party's patent rights for the development, testing, manufacture and commercialization of product candidates and programs …”
CompetitorNovo Nordisk (NVO)“We also expect to compete more generally with other companies developing alternative scientific and technological approaches to the treatment of muscle diseases, including other companies working to develop conjugates with oligonucleotides for extra-hepatic delivery, including Alnylam Pharmaceuticals, Inc., Aro Biotherapeutics, Inc., Arrowhead Pharmaceuticals, Inc., Avidity, Novo Nordisk A/S, DTx Pharma, Inc., Gen…”

Quoted from the company's 10-K filed Mar 2, 2026.

Companies that name DYN in their SEC reports

Relationship to DYNCompanyFilingSentence
partnerALNYLAM PHARMACEUTICALS, INC. (ALNY)10-K Feb 12, 2026“Companies working on chemically synthesized siRNAs include but are not limited to ADARx Pharmaceuticals, Inc., or ADARx, Amgen Inc., Argo Biopharmaceutical Co., Ltd., or Argo, Aro Biotherapeutics, Arrowhead Pharmaceuticals, Inc., or Arrowhead, AstraZeneca plc, or AstraZeneca, Dyne Therapeutics, Inc., Eli Lilly and Company, GlaxoSmithKline plc, Novartis, Novo Nordisk A/S, or Novo Nordisk, SanegeneBio, Sarepta Thera…”

DYN company outlook (results filed Jul 29, 2026)

Quoted word-for-word from the SEC 8-K results press release.

DYN analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$-0.89$-0.77−$0.12$014
Next quarter (ends Dec 2026)$-0.89$-0.79−$0.10$014
Current fiscal year (ends Dec 2026)$-3.55$-3.09−$0.46$015
Next fiscal year (ends Dec 2027)$-3.34$-3.00−$0.34$53.4M13

DYN options: expected move

Options price a move of about ±14.0% (±$2.33) by Nov 20, 2026, which includes earnings on Nov 5, 2026. Over the last 8 reports the stock moved ±7.7% on average.

ExpirationDaysATM implied volatilityExpected move
Nov 20, 20262372.8%±14.0%
Dec 18, 20265163.8%±19.6%
Jan 15, 20277982.8%±36.9%
Mar 19, 2027142122.8%±59.9%
Jun 17, 202723297.9%±60.2%

30-day implied volatility 67.2% vs 57.3% realized over the last 30 trading days. Put/call ratio (volume) 0. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 28, 2026 at 21:24 UTC)

PriceUSD 16.98
Change▲ 0.24% (up)
Previous CloseUSD 16.94
OpenUSD 16.17
Day RangeUSD 16.17 – 17.12
52-Week RangeUSD 14 – 27.31
Volume2,176,074 shares
Market Cap$3.17B
ExchangeNMS

Technical Analysis (DYN)

Nexqual's technical model rates DYN "SELL" based on 2 bullish and 4 bearish signals across 127 daily candles, as of October 28, 2026 at 21:24 UTC.

Overall SignalSELL
RSI (14)54.84 (neutral)
vs SMA50Below (USD 18.91)
MACD-0.53 (negative)

Analyst Ratings (DYN)

Wall Street analysts rate DYN "Buy" based on 17 analysts, with a mean price target of USD 36 (range USD 10–50), per Nexqual as of October 28, 2026 at 21:24 UTC.

Consensus RatingBuy
Analyst Count17
Mean TargetUSD 36
High TargetUSD 50
Low TargetUSD 10
Buy / Hold / Sell16 / 0 / 1

Earnings (DYN)

Next Earnings Date2026-11-05
EPS EstimateUSD -0.89
Revenue Estimate$0

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD -1.08 vs est -0.75 ▼ miss
2026-03-31USD -0.73 vs est -0.78 ▲ beat
2025-12-31USD -0.73 vs est -0.76 ▲ beat
2025-09-30USD -0.76 vs est -0.85 ▲ beat

Source: Nexqual, October 28, 2026 at 21:24 UTC.

Financials & Fundamentals (DYN)

Gross Margin+0.00%
Operating Margin+0.00%
Profit Margin+0.00%
ROE-81.57%
Debt / Equity0.33
Current Ratio12.02
Total Cash$898.48M
Total Debt$233.35M

Source: Nexqual, October 28, 2026 at 21:24 UTC.

Financial Health Score (DYN)

Nexqual rates Dyne Therapeutics, Inc.'s overall financial health "Weak" across five dimensions, as of October 28, 2026 at 21:24 UTC.

GrowthMixed — No data
ProfitabilityWeak — Pre-revenue or very early stage
Balance SheetStrong — $898M cash and investments vs $199M debt (Jun 2026, SEC), net cash
Cash FlowWeak — Operating cash flow -$403M (FY ended Dec 2025, 10-K)
EfficiencyCritical — ROE -74%, ROA -52.3% (last 4 quarters, SEC)

Ownership (DYN)

Insider Ownership+0.24%
Institutional Ownership+103.58%
Shares Outstanding186.75M
Float186.23M
Short % of Float+17.44%

Source: Nexqual, October 28, 2026 at 21:24 UTC.

Leadership (DYN)

Dyne Therapeutics, Inc. is led by John G. Cox, CEO, President & Director, per Nexqual as of October 28, 2026 at 21:24 UTC.

CEO, President & DirectorJohn G. Cox
CFO, Principal Financial Officer & Principal Accounting Officer and TreasurerErick J. Lucera C.F.A.

Major Backers & Investors (DYN)

Notable institutional backers of Dyne Therapeutics, Inc. include T. Rowe Price, Jupiter Topco LLC, FMR, LLC, according to Nexqual as of October 28, 2026 at 21:24 UTC.

Active Investors

InvestorStake
T. Rowe Price16.55%
Jupiter Topco LLC6.42%
FMR, LLC6%
Orbis Allan Gray Ltd3.75%
Atlas Venture Life Science Advisors, LLC 3.64%
TR PRICE-Price (T.Rowe) U.S. Small-Cap Core Equity Trust3.34%
TCG Crossover Management, LLC2.47%

Index Funds (Passive)

FundStake
BlackRock6.64%
Vanguard Group5.55%
State Street3.99%

Source: Nexqual, October 28, 2026 at 21:24 UTC.

From Dyne Therapeutics, Inc.'s Latest SEC 10-K Filing (filed 2026-03-02)

Key Strengths & Strategy (as disclosed to the SEC)

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

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IONSIonis Pharmaceuticals, Inc.USD 44.9▲ 2.14%
AXSMAxsome Therapeutics, Inc.USD 143.51▲ 0.92%
PRAXPraxis Precision Medicines, IncUSD 285.48▲ 6.69%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 28, 2026 at 21:24 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt