Picture of Elicio Therapeutics logo

ELTX — Elicio Therapeutics News Story

0.000.00%
us flag iconLast trade - 00:00
HealthcareMicro CapSucker Stock

Elicio Therapeutics Q3 net loss narrows, cash runway extended

Overview

Elicio's Q3 2025 net loss narrows to $10.1 mln from $18.8 mln in Q3 2024

Company raised $11.1 mln since Q3 2025, extending cash runway through Q2 2026

Phase 2 AMPLIFY-7P trial shows fewer disease progressions than projected

Outlook

Company anticipates Phase 2 DFS analysis in 1H 2026

Elicio expects cash to support operations through Q2 2026

Company plans FDA meeting post-DFS analysis for Phase 3 design

Result Drivers

CASH RUNWAY EXTENSION - Co raised $11.1 mln since beginning of Q3, extending cash runway through Q2 2026, supporting operations beyond anticipated DFS endpoint analysis

OPERATING EXPENSES - Fell to $8.05 mln from $10.34 mln last year, with R&D expenses down by $2.2 mln due to lower clinical trial costs

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 Net Income-$10.08 mln
Q3 Basic EPS-$0.60
Q3 Income from Operations-$8.05 mln
Q3 Operating Expenses$8.05 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the biotechnology & medical research peer group is "buy" Wall Street's median 12-month price target for Elicio Therapeutics Inc is $15.50, about 40.7% above its November 12 closing price of $9.19 Press Release: ID:nGNXb5XTh For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on Elicio Therapeutics

See all news