Overview
U.S. biopharma firm reported Q1 net loss widened as no revenue was recorded
Operating expenses rose in Q1 2026, driven by R&D and commercial launch preparations
Result Drivers
HIGHER R&D SPENDING - Increased research and development costs contributed to higher operating expenses in Q1 2026
COMMERCIAL LAUNCH PREPARATIONS - General and administrative expenses rose as company prepared for potential U.S. launch of apitegromab
Company press release: ID:nBwbR8hmZa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
-$0.83
Q1 Net Income
-$105.51 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
Wall Street's median 12-month price target for Scholar Rock Holding Corp is $58.00, about 23.1% above its May 6 closing price of $47.11
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(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.)