Viridian Therapeutics, Inc. (VRDN) Stock Price & Analysis
Viridian Therapeutics, Inc. (VRDN) closed at USD 24.27 on Wednesday, October 28, 2026, up 0.75% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 24.09; the Oct 28, 2026 session ranged USD 23.66–24.42 on volume of 1,412,513 shares. Market capitalization is $2.75B, with a 52-week range of USD 13.18–34.29 (NCM). Source: Nexqual, retrieved October 29, 2026 at 07:44 UTC.
Also available as compact Markdown for AI agents: nexqual.com/VRDN.md
Key facts (VRDN)
- Last four reported quarters (through Jun 30, 2026): revenue $71.1M, net income -$387M (-544.1% margin), free cash flow -$335M (SEC filings).
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $348K; 1 not under a Rule 10b5-1 plan ($348K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $20.0M; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 1.82 on a 1–5 scale) (17 analysts), mean target USD 36.2 (range 22–50).
- Total return with dividends: 1Y +5.5% vs S&P 500 +13.6%; 5Y +34.1% vs S&P 500 +79.8%.
- Next earnings: 2026-11-04, EPS estimate USD -1.02, revenue estimate $4.7M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (VRDN)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $3.0M | $1.8M | $314K | $302K | $70.8M | $71.1M |
| Operating income | -$79.7M | -$134M | -$254M | -$299M | -$363M | -$405M |
| Net income | -$79.4M | -$130M | -$238M | -$270M | -$343M | -$387M |
| EPS (diluted) | -$6.66 | -$4.05 | -$5.31 | — | — | — |
| Free cash flow | -$54.9M | -$94.6M | -$185M | -$233M | -$277M | -$335M |
| Operating margin | -2690.8% | -7579.2% | -81035.0% | -99018.2% | -512.9% | -569.7% |
| Net margin | -2680.2% | -7329.2% | -75711.5% | -89387.1% | -483.6% | -544.1% |
| Revenue growth | +182.2% | -40.2% | -82.3% | -3.8% | +23359.9% | — |
| Cash + short-term investments | $197M | $425M | $477M | $718M | $875M | — |
| Total debt | $0K | $4.6M | $20.2M | $20.6M | $0K | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (VRDN)
P/S 38.7x · EV/Sales 28.3x · P/B 4.2x · FCF yield -12.18% · Earnings yield -14.07% · Net cash $739M · EV $2.01B
Insider sales (SEC Form 4, open-market, last ~7 months) (VRDN)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-19 | Tousignant Jennifer | Chief Legal Officer | 14,212 | $348K | 100% | No | Too 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) (VRDN)
1 purchase, $20.0M. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-05-11 | Fairmount Funds Management Llc | Director | 1,176,470 | $20.0M | 17 | Too little history (no open-market trades in 2023) |
Analysts (VRDN)
Consensus Buy (mean 1.82 on a 1–5 scale), 17 analysts; mean target USD 36.2 (low 22, high 50).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-22 | RBC Capital | Target raised | Outperform | $36 → $38 |
| 2026-08-07 | RBC Capital | Target raised | Outperform | $35 → $36 |
| 2026-08-07 | Truist Securities | Target raised | Buy | $38 → $39 |
Total return (dividends reinvested) (VRDN)
| 1Y (from 2025-10-29) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +5.5% | +34.1% |
| S&P 500 (SPY) | +13.6% | +79.8% |
| Per year | +5.5% | +6.0% |
| Volatility (annualized) | 74.5% | 66.1% |
| Max drawdown | -60.6% (Jan 2026→Apr 2026) | -69.1% (Jan 2023→Oct 2023) |
VRDN earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| Aug 6, 2026 | Quarter ended Jun 30, 2026 | −$1.05 | −$1.03 | Miss −1.9% | +12.0% |
| May 5, 2026 | Quarter ended Mar 31, 2026 | −$0.90 | −$1.08 | Beat +16.7% | +24.7% |
| Feb 26, 2026 | Quarter ended Dec 31, 2025 | −$1.08 | −$1.00 | Miss −8.0% | +1.5% |
| Nov 5, 2025 | Quarter ended Sep 30, 2025 | −$0.34 | −$0.94 | Beat +63.8% | +22.0% |
| Oct 21, 2025 | Quarter ended Sep 30, 2025 | −$0.34 | −$0.94 | Beat +63.8% | -9.1% |
| Aug 6, 2025 | — | — | — | — | -5.2% |
| May 6, 2025 | — | — | — | — | -6.3% |
| Feb 27, 2025 | — | — | — | — | +0.0% |
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).
VRDN recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Aug 20, 2026 | Schedule 13G | Point72 Asset Management, L.P., Point72 Capital Advisors, Inc.: 5.0% of shares, passive 5%+ holder |
| Aug 14, 2026 | Schedule 13G/A | Paradigm BioCapital Advisors LP, Paradigm BioCapital Advisors GP LLC: 6.1% of shares, passive 5%+ holder (amended) |
| Aug 14, 2026 | Schedule 13G/A | Kynam Capital Management, LP, Kynam Capital Management GP, LLC: 5.7% of shares, passive 5%+ holder (amended) |
| Aug 14, 2026 | Schedule 13G | T. Rowe Price Associates, Inc.: 5.2% of shares, passive 5%+ holder |
| Aug 14, 2026 | Schedule 13G/A | Deep Track Capital, LP, Deep Track Biotechnology Master Fund, Ltd.: 3.3% of shares, passive 5%+ holder (amended) |
| Aug 7, 2026 | Schedule 13G | STATE STREET CORPORATION: 5.5% of shares, passive 5%+ holder |
| Aug 6, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Aug 6, 2026 | 8-K | Quarterly results |
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.
VRDN suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | WuXi | “We currently rely on a single multi-site CDMO for manufacturing our clinical materials, WuXi Biologics (Hong Kong) Limited ("WuXi"), although other avenues remain available if our current manufacturer were to be negatively impacted.” |
| Partner | Zenas BioPharma, Inc. (ZBIO) | “License Agreement with Zenas BioPharma” |
| Partner | Paragon Therapeutics | “In October 2023, we entered into a License Agreement with Paragon (the "Paragon License Agreement") as a result of exercising our Option under the Paragon Research Agreement to obtain exclusive licenses to develop, manufacture and commercialize certain therapeutic proteins and antibodies and associated products.” |
| Partner | ImmunoGen | “In October 2020, Private Viridian entered into a license agreement with ImmunoGen (the "ImmunoGen License Agreement"), under which we obtained rights to an exclusive, sublicensable, worldwide license to certain patents and other intellectual” |
| Partner | Kissei Pharmaceuticals | “In July 2025, we entered into a Collaboration and License Agreement with Kissei (the "Kissei Agreement"), pursuant to which we granted to Kissei an exclusive license to develop and commercialize products containing veligrotug and elegrobart for potential treatments, including treatment of TED, in Japan, and a non-exclusive license to manufacture such licensed products worldwide for use in Japan under certain limit…” |
| Partner | Jefferies | “To the extent that we raise additional capital through the sale of equity, including pursuant to any sales under our March 2025 ATM Agreement with Jefferies LLC ("Jefferies"), convertible debt, or other securities convertible into equity, the ownership interest of our stockholders will be diluted, and the terms of these new securities may include liquidation or other preferences that adversely affect the rights of…” |
| Partner | Hercules Capital, Inc. (HTGC) | “Loan and Security Agreement with Hercules Capital, Inc.” |
| Partner | Nicolaus & Company | “In September 2024, we entered into an underwriting agreement with Jefferies, Goldman Sachs & Co. LLC and Stifel, Nicolaus & Company, Incorporated related to the offer and sale of 12,466,600 shares of our common stock, which includes 1,800,000 shares of common stock issued in connection with the exercise in full by the underwriters of their option to purchase additional shares at a public offering price of $18.75 p…” |
| Partner | Evercore Inc. (EVR) | “In October 2025, we entered into an underwriting agreement with Jefferies LLC, Leerink Partners LLC, Evercore Group L.L.C. and Stifel, Nicolaus & Company, Incorporated related to the offer and sale of 13,138,750 shares of our common stock, which includes 1,713,750 shares of common stock issued in connection with the exercise in full by the underwriters of their option to purchase additional shares at a public offe…” |
| Partner | Jefferies and Leerink Partners | “In January 2024, we entered into an underwriting agreement with Jefferies and Leerink Partners LLC relating to the offer and sale of 7,142,858 shares of our common stock at a public offering price of $21.00 per share.” |
| Partner | Leerink Partners | “In October 2025, we entered into an underwriting agreement with Jefferies LLC, Leerink Partners LLC, Evercore Group L.L.C. and Stifel, Nicolaus & Company, Incorporated related to the offer and sale of 13,138,750 shares of our common stock, which includes 1,713,750 shares of common stock issued in connection with the exercise in full by the underwriters of their option to purchase additional shares at a public offe…” |
Quoted from the company's 10-K filed Feb 26, 2026.
VRDN company outlook (results filed Aug 6, 2026)
- “FCRN PORTFOLIO VRDN-008: phase 1 healthy volunteer data expected in 2H 2026 VRDN-008 phase 1 clinical trial in healthy volunteers is ongoing.”
- “Existing cash and anticipated future commercial revenues from Lumvoa and elegrobart, if approved, are expected to fund Viridian's current business plans through profitability. R&D Expenses: Research and development expenses were $71.6 million for the three months ended June 30, 2026, compared to $86.6 million for the three months ended June 30, 2025.”
Quoted word-for-word from the SEC 8-K results press release.
VRDN analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-1.02 | $-0.93 | −$0.09 | $4.7M | 12 |
| Next quarter (ends Dec 2026) | $-0.95 | $-0.96 | +$0.02 | $19.2M | 12 |
| Current fiscal year (ends Dec 2026) | $-3.92 | $-3.80 | −$0.12 | $24.3M | 13 |
| Next fiscal year (ends Dec 2027) | $-2.71 | $-2.63 | −$0.08 | $237.8M | 13 |
VRDN options: expected move
Options price a move of about ±21.1% (±$5.00) by Nov 20, 2026, which includes earnings on Nov 4, 2026. Over the last 8 reports the stock moved ±10.1% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 23 | 103.8% | ±21.1% |
| Dec 18, 2026 | 51 | 70.7% | ±21.3% |
| Jan 15, 2027 | 79 | 61.5% | ±22.9% |
| Apr 16, 2027 | 170 | 54.9% | ±29.9% |
30-day implied volatility 72.5% vs 57.2% realized over the last 30 trading days. Put/call ratio (volume) 0.04. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 29, 2026 at 07:44 UTC)
| Price | USD 24.27 |
|---|---|
| Change | ▲ 0.75% (up) |
| Previous Close | USD 24.09 |
| Open | USD 23.72 |
| Day Range | USD 23.66 – 24.42 |
| 52-Week Range | USD 13.18 – 34.29 |
| Volume | 1,412,513 shares |
| Market Cap | $2.75B |
| Exchange | NCM |
Technical Analysis (VRDN)
Nexqual's technical model rates VRDN "BUY" based on 5 bullish and 1 bearish signals across 127 daily candles, as of October 29, 2026 at 07:44 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 69.43 (neutral) |
| vs SMA50 | Above (USD 21.65) |
| MACD | 0.79 (positive) |
Analyst Ratings (VRDN)
Wall Street analysts rate VRDN "Buy" based on 17 analysts, with a mean price target of USD 36.2 (range USD 22–50), per Nexqual as of October 29, 2026 at 07:44 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 17 |
| Mean Target | USD 36.2 |
| High Target | USD 50 |
| Low Target | USD 22 |
| Buy / Hold / Sell | 17 / 0 / 0 |
Earnings (VRDN)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD -1.02 |
| Revenue Estimate | $4.72M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -1.05 vs est -1.03 ▼ miss |
| 2026-03-31 | USD -0.9 vs est -1.08 ▲ beat |
| 2025-12-31 | USD -1.08 vs est -1 ▼ miss |
| 2025-09-30 | USD -0.34 vs est -0.94 ▲ beat |
Source: Nexqual, October 29, 2026 at 07:44 UTC.
Financials & Fundamentals (VRDN)
| Total Revenue | $71.13M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +278.70% |
| Gross Margin | +0.00% |
| Operating Margin | -44460.56% |
| Profit Margin | +0.00% |
| ROE | -65.74% |
| Debt / Equity | 0.37 |
| Current Ratio | 16.95 |
| Total Cash | $981.53M |
| Total Debt | $244.73M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | -$335.04M (-471.0% of revenue) |
Source: Nexqual, October 29, 2026 at 07:44 UTC.
Financial Health Score (VRDN)
Nexqual rates Viridian Therapeutics, Inc.'s overall financial health "Weak" across five dimensions, as of October 29, 2026 at 07:44 UTC.
| Growth | Mixed — No data |
|---|---|
| Profitability | Critical — Heavily loss-making — early-stage company |
| Balance Sheet | Strong — $982M cash and investments vs $242M debt (Jun 2026, SEC), net cash |
| Cash Flow | Weak — FCF negative: -$335M (last 4 quarters to Jun 2026, SEC), burning cash |
| Efficiency | Critical — ROE -58%, ROA -35.3% (last 4 quarters, SEC) |
Ownership (VRDN)
| Insider Ownership | +0.17% |
|---|---|
| Institutional Ownership | +126.75% |
| Shares Outstanding | 113.29M |
| Float | 100.79M |
| Short % of Float | +16.47% |
Source: Nexqual, October 29, 2026 at 07:44 UTC.
Leadership (VRDN)
Viridian Therapeutics, Inc. is led by Stephen F. Mahoney, CEO, President & Director, per Nexqual as of October 29, 2026 at 07:44 UTC.
| CEO, President & Director | Stephen F. Mahoney |
|---|---|
| Chief Financial Officer | Seth Harmon |
| Chief Operating Officer | Thomas W. Beetham |
| Co-Founder & Chairman of Scientific Advisory Board | Eric N. Olson |
Major Backers & Investors (VRDN)
Notable institutional backers of Viridian Therapeutics, Inc. include FMR, LLC, Fidelity, Bellevue Group AG, according to Nexqual as of October 29, 2026 at 07:44 UTC.
Active Investors
| Investor | Stake |
|---|---|
| FMR, LLC | 14.66% |
| Fidelity | 6.39% |
| Bellevue Group AG | 5.94% |
| Paradigm Biocapital Advisors LP | 5.93% |
| Kynam Capital Management, LP | 5.7% |
| Price (T.Rowe) Associates Inc | 5.07% |
| Fairmount Funds Management LLC | 4.49% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 7.55% |
| State Street | 5.41% |
| Vanguard Group | 4.04% |
Source: Nexqual, October 29, 2026 at 07:44 UTC.
From Viridian Therapeutics, Inc.'s Latest SEC 10-K Filing (filed 2026-02-26)
Key Strengths & Strategy (as disclosed to the SEC)
- We have an exclusive license to the worldwide rights to develop and commercialize veligrotug for all non-oncology indications that do not use radiopharmaceuticals, including the treatment of patients with TED, from ImmunoGen, Inc. ("ImmunoGen").
- As of January 2026, our in-licensed and owned patent portfolio consists of approximately three U.S. issued patents, approximately twenty-two U.S. pending patent applications, one issued patent in China, and approximately one hundred nineteen patent applications pending in jurisdictions outside of the United States (including approximately twelve pending Patent Cooperation Treaty (PCT) applications) that, in many cases, are counterparts to the foregoing U.S. patents and patent applications.
- The restoration period cannot be longer than five years and the total patent term, including the restoration period, must not exceed 14 years following FDA approval, however there is no guarantee that the applicable authorities, including the FDA in the United States, will agree with our assessment of whether such extensions should be granted, and if granted, the length of such extensions.
- Our approach leverages proven biology on clinically validated targets and our internal capabilities such as protein and antibody engineering to reduce development risk while striving to address unmet needs for patients including improved clinical outcomes, reduced side effects, improved quality of life, and expanded market access. •Advance our lead programs in thyroid eye disease (TED):
Legal & Regulatory Risks (Item 1A, quoted)
- Our product candidates may cause undesirable side effects or have other properties that could delay or prevent their regulatory approval, limit the commercial viability of approved labeling, or result in significant negative consequences following marketing approval, if any.
- Our business operations and market access arrangements will be subject to applicable healthcare regulatory laws, which, if not properly adhered to, could expose us to penalties.
- We and our third-party manufacturers may be impacted by global conflicts, including any potential conflict involving China and Taiwan, and any resulting trade sanctions or regulatory actions.
- Changes in patent laws in the U.S. and other jurisdictions could diminish the value of patents in general, thereby impairing our ability to protect our products, and recent patent reform legislation could increase the uncertainties and costs surrounding the prosecution of our patent applications and the enforcement or defense of our issued patents.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
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| ORKA | Oruka Therapeutics, Inc. | USD 95.97 | ▲ 0.17% |
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| IOVA | Iovance Biotherapeutics, Inc. | USD 14.81 | ▲ 1.58% |
| IONS | Ionis Pharmaceuticals, Inc. | USD 44.9 | ▲ 2.14% |
| AXSM | Axsome Therapeutics, Inc. | USD 143.51 | ▲ 0.92% |
| ABVX | Abivax SA | USD 89.84 | ▲ 3.26% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 07:44 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