Edgewise Therapeutics, Inc. (EWTX) Stock Price & Analysis

Edgewise Therapeutics, Inc. (EWTX) closed at USD 39.99 on Thursday, October 22, 2026, up 0.86% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 39.65; the Oct 22, 2026 session ranged USD 38.36–40.69 on volume of 1,337,723 shares. Market capitalization is $4.34B, with a 52-week range of USD 14.85–48.51 (NMS). Source: Nexqual, retrieved October 23, 2026 at 10:12 UTC.

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

Key facts (EWTX)

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

USDFY2021FY2022FY2023FY2024FY2025TTM
Operating income-$43.2M-$71.7M-$114M-$159M-$191M-$219M
Net income-$42.8M-$67.6M-$100M-$134M-$168M-$197M
EPS (diluted)-$1.14-$1.26-$1.57-$1.45-$1.63—
Free cash flow-$34.2M-$58.2M-$97.7M-$110M-$144M-$159M
Cash + short-term investments$15.6M$22.0M$86.1M$41.7M$61.1M—

Fiscal years end Dec. EPS is split-adjusted.

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

P/B 9.7x · FCF yield -3.66% · Earnings yield -4.54%

Analysts (EWTX)

Consensus Buy (mean 1.93 on a 1–5 scale), 14 analysts; mean target USD 52.62 (low 36, high 66).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-16William BlairInitiatedOutperform
2026-09-21HC Wainwright & Co.Target raisedBuy$45 → $57
2026-08-20JP MorganTarget raisedOverweight$53 → $60
2026-08-11Goldman SachsTarget raisedNeutral$32 → $36
2026-07-20Evercore ISI GroupTarget raisedOutperform$45 → $55
2026-07-09OppenheimerInitiatedOutperform$51
2026-07-06GuggenheimTarget raisedBuy$41 → $51

Total return (dividends reinvested) (EWTX)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return+164.8%+139.5%
S&P 500 (SPY)+14.9%+80.3%
Per year+165.7%+19.0%
Volatility (annualized)72.2%78.1%
Max drawdown-25.0% (Jul 2026→Oct 2026)-73.0% (Nov 2021→Nov 2023)

EWTX analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$2.51$1.13+121.9%$119.2M11
Next quarter (ends Dec 2026)$-0.39$-0.31+23.5%$9.6M13
Current fiscal year (ends Dec 2026)$2.27$-0.23-1070.8%$128.8M11
Next fiscal year (ends Dec 2027)$-1.77$-1.47+20.4%$39.2M12

Key Statistics (as of October 23, 2026 at 10:12 UTC)

PriceUSD 39.99
Change▲ 0.86% (up)
Previous CloseUSD 39.65
OpenUSD 39.11
Day RangeUSD 38.36 – 40.69
52-Week RangeUSD 14.85 – 48.51
Volume1,337,723 shares
Market Cap$4.34B
ExchangeNMS

Technical Analysis (EWTX)

Nexqual's technical model rates EWTX "NEUTRAL" based on 2 bullish and 3 bearish signals across 127 daily candles, as of October 23, 2026 at 10:12 UTC.

Overall SignalNEUTRAL
RSI (14)50.37 (neutral)
vs SMA50Below (USD 41.92)
MACD-0.87 (negative)

Analyst Ratings (EWTX)

Wall Street analysts rate EWTX "Buy" based on 14 analysts, with a mean price target of USD 52.62 (range USD 36–66), per Nexqual as of October 23, 2026 at 10:12 UTC.

Consensus RatingBuy
Analyst Count14
Mean TargetUSD 52.62
High TargetUSD 66
Low TargetUSD 36
Buy / Hold / Sell12 / 2 / 0

Earnings (EWTX)

Next Earnings Date2026-11-05
EPS EstimateUSD 2.51
Revenue Estimate$119.23M

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD -0.53 vs est -0.47 ▼ miss
2026-03-31USD -0.46 vs est -0.49 ▲ beat
2025-12-31USD -0.47 vs est -0.44 ▼ miss
2025-09-30USD -0.39 vs est -0.4 ▲ beat

Source: Nexqual, October 23, 2026 at 10:12 UTC.

Financials & Fundamentals (EWTX)

Gross Margin+0.00%
Operating Margin+0.00%
Profit Margin+0.00%
ROE-38.03%
Debt / Equity0.01
Current Ratio16.24
Total Cash$460.71M
Total Debt$3.59M

Source: Nexqual, October 23, 2026 at 10:12 UTC.

Financial Health Score (EWTX)

Nexqual rates Edgewise Therapeutics, Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 10:12 UTC.

GrowthMixed — No data
ProfitabilityWeak — Pre-revenue or very early stage
Balance SheetStrong — $461M cash vs $4M debt, net cash position
Cash FlowWeak — Operating cash flow -$144M (FY ended Dec 2025, 10-K)
EfficiencyCritical — ROE -38%, ROA -25.0%

Ownership (EWTX)

Insider Ownership+0.49%
Institutional Ownership+112.31%
Shares Outstanding108.60M
Float74.27M
Short % of Float+14.56%

Source: Nexqual, October 23, 2026 at 10:12 UTC.

Leadership (EWTX)

Edgewise Therapeutics, Inc. is led by Kevin Koch, President, CEO & Director, per Nexqual as of October 23, 2026 at 10:12 UTC.

President, CEO & DirectorKevin Koch
Co-Founder & Independent ChairmanPeter A. Thompson FACP
Co-Founder & Independent DirectorBadreddin Edris
Co-Founder, Chief Scientific Officer & DirectorAlan J. Russell
Chief Financial OfficerMichael P. Nofi

Major Backers & Investors (EWTX)

Notable institutional backers of Edgewise Therapeutics, Inc. include Orbimed Advisors LLC., Paradigm Biocapital Advisors LP, RA Capital Management, L.P., according to Nexqual as of October 23, 2026 at 10:12 UTC.

Active Investors

InvestorStake
Orbimed Advisors LLC.14.29%
Paradigm Biocapital Advisors LP9.41%
RA Capital Management, L.P.7.73%
Jupiter Topco LLC5.59%
FMR, LLC5.05%
Novo Holdings A/S4.93%
Driehaus Capital Management, LLC4.35%
Perceptive Advisors Llc4.03%

Index Funds (Passive)

FundStake
BlackRock6.08%
Vanguard Group3.55%

Source: Nexqual, October 23, 2026 at 10:12 UTC.

Peers & Related Stocks

SymbolNamePriceChange
LGNDLigand Pharmaceuticals IncorporUSD 307.82▼ 2.21%
RYTMRhythm Pharmaceuticals, Inc.USD 90.9▲ 2.57%
IOVAIovance Biotherapeutics, Inc.USD 14.14▼ 3.28%
PRAXPraxis Precision Medicines, IncUSD 258.92▲ 0.96%
IONSIonis Pharmaceuticals, Inc.USD 43.91▼ 0.81%
ABVXAbivax SAUSD 90.23▼ 3.49%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:12 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