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NuvalentNASDAQ: NUVL

Profile

Sector:

Healthcare

Industry:

Biotechnology

Country:

United States

IPO:

29 July 2021

Next earnings report:

27 February 2025

Last dividends:

N/A

Next dividends:

N/A
$6.51 B
-14%vs. 3y high
90%vs. sector
-vs. 3y high
-vs. sector
-51%vs. 3y high
84%vs. sector
-vs. 3y high
-vs. sector

Price

pre-market | 21 min ago
$91.60+$0.43(+0.47%)

Dividend

No data over the past 3 years
No data over the past 3 years

Analysts recommendations

Institutional Ownership

NUVL Latest News

Nuvalent Highlights Corporate and Pipeline Achievements, Reiterates Key Anticipated Milestones, and Reports Third Quarter 2024 Financial Results
prnewswire.com12 November 2024 Sentiment: POSITIVE

Achievement of all anticipated 2024 milestones and accelerated development timelines reinforce progress on OnTarget 2026 operating plan towards first approved product in 2026 Leading medical oncologist Alice Shaw, M.D., Ph.D. appointed to Scientific Advisory Board Strong cash position of $1.2 billion, including proceeds from upsized $575 million public offering, expected to extend operating runway into 2028 CAMBRIDGE, Mass.

Nuvalent: Promising Data Keeps Validating Pipeline And Platform
seekingalpha.com23 September 2024 Sentiment: POSITIVE

Nuvalent's lead candidates, NVL-520 and NVL-655, show promising efficacy and safety in Phase 1/2 trials. Both drugs have received FDA Breakthrough Therapy and orphan drug designations, with pivotal Phase 2 data expected in 2025 and potential approvals by 2026. The company completed a $500 million secondary offering, reflecting strong investor interest and providing the cash runway through Phase 3.

Nuvalent Announces Closing of Upsized Public Offering of Common Stock
prnewswire.com18 September 2024 Sentiment: POSITIVE

CAMBRIDGE, Mass. , Sept. 18, 2024 /PRNewswire/ -- Nuvalent, Inc. (Nasdaq: NUVL), a clinical-stage biopharmaceutical company focused on creating precisely targeted therapies for clinically proven kinase targets in cancer, today announced the closing of its previously announced upsized underwritten public offering of 5,750,000 shares of Class A common stock, which includes 750,000 shares of Class A common stock sold pursuant to the exercise in full by the underwriters of their option to purchase additional shares, at a price to the public of $100.00 per share.

Nuvalent Stock Moves Up 20% in a Week: What's Driving the Rally?
zacks.com18 September 2024 Sentiment: POSITIVE

The upside comes after NUVL reported encouraging data on two experimental lung cancer therapies.

Nuvalent: NSCLC Program Now Lends Credibility Towards 2025 Pivotal Data Releases
seekingalpha.com17 September 2024 Sentiment: POSITIVE

Nuvalent, Inc. achieved positive data from the phase 1/2 ALKOVE-1 study, using NVL-655 for the treatment of patients with ALK-mutant NSCLC. Positive data achieved from phase 1/2 ARROS-1 study, using zidesamtinib for the treatment of patients with ROS-1 mutant NSCLC. The global non-small cell lung cancer market size is projected to reach $36.9 billion by 2031; 3% to 5% are ALK-positive and then 1% to 3% are ROS-1 positive.

Nuvalent Announces Pricing of Upsized Public Offering of Common Stock
prnewswire.com16 September 2024 Sentiment: POSITIVE

CAMBRIDGE, Mass. , Sept. 16, 2024 /PRNewswire/ -- Nuvalent, Inc. (Nasdaq: NUVL), a clinical-stage biopharmaceutical company focused on creating precisely targeted therapies for clinically proven kinase targets in cancer, today announced the pricing of an upsized underwritten public offering of 5,000,000 shares of Class A common stock at a price to the public of $100.00 per share.

Nuvalent Stock Jumps On ESMO Data Presentation, Seeks To Raise $350M Via Equity
benzinga.com16 September 2024 Sentiment: POSITIVE

Over the weekend, Nuvalent, Inc. NUVL highlighted the presentation of updated data from Phase 1 dose-escalation portions of the ongoing ARROS-1 Phase 1/2 trial of zidesamtinib and ALKOVE-1 Phase 1/2 trial of NVL-655, at the European Society for Medical Oncology (ESMO) Congress 2024.

Cancer Biotech Nuvalent's Stock Jumps on Positive Data
barrons.com16 September 2024 Sentiment: NEUTRAL

Biotech Nuvalent unveiled updates on two experimental cancer medicines over the weekend. Analysts say each could be the best in their category.

Nuvalent Announces Public Offering of Common Stock
prnewswire.com16 September 2024 Sentiment: POSITIVE

CAMBRIDGE, Mass. , Sept. 16, 2024 /PRNewswire/ -- Nuvalent, Inc. (Nasdaq: NUVL), a clinical-stage biopharmaceutical company focused on creating precisely targeted therapies for clinically proven kinase targets in cancer, today announced that it has commenced an underwritten public offering of $350.0 million of its shares of Class A common stock.

Nuvalent Highlights Presentation of Clinical Data at ESMO 2024 for Parallel Lead Programs for ROS1 and ALK-positive NSCLC and Accelerated Development Timelines
prnewswire.com14 September 2024 Sentiment: POSITIVE

Updated Phase 1 dose-escalation data from ARROS-1 and ALKOVE-1 clinical trials continue to support potential best-in-class profiles for zidesamtinib and NVL-655 Rapid enrollment in Phase 2 portions of the ARROS-1 and ALKOVE-1 clinical trials; Pivotal data from both ROS1 and ALK programs now anticipated in 2025 Initiation of ALKAZAR Phase 3 randomized, controlled trial of NVL-655 for treatment-naïve patients with advanced ALK-positive NSCLC anticipated in the first half of 2025 Company to host a conference call today at 8:30 a.m. ET/2:30 p.m.

  • 1(current)

What type of business is Nuvalent?

Nuvalent, Inc., a clinical stage biopharmaceutical company, engages in the development of therapies for patients with cancer. Its lead product candidates are NVL-520, a novel ROS1-selective inhibitor to address the clinical challenges of emergent treatment resistance, central nervous system (CNS)-related adverse events, and brain metastases that may limit the use of ROS1 tyrosine kinase inhibitors (TKIs) for patients with ROS proto-oncogene 1 (ROS1)-positive non-small cell lung cancer (NSCLC) which is under the phase 2 portion of the ARROS-1 Phase 1/2 clinical trial; NVL-655, a brain-penetrant ALK-selective inhibitor, to address the clinical challenges of emergent treatment resistance, CNS-related adverse events, and brain metastases that might limit the use of first-, second-, and third-generation ALK inhibitors that is under the phase 2 portion of the ALKOVE-1 Phase 1/2 clinical trial; and NVL-330, a brain-penetrant human epidermal growth factor receptor 2 (HER2)-selective inhibitor designed to treat tumors driven by HER2ex20, brain metastases, and avoiding treatment-limiting adverse events including due to off-target inhibition of wild-type EGFR, which is expected to initiate phase 1 trial. The company was incorporated in 2017 and is headquartered in Cambridge, Massachusetts.

What sector is Nuvalent in?

Nuvalent is in the Healthcare sector

What industry is Nuvalent in?

Nuvalent is in the Biotechnology industry

What country is Nuvalent from?

Nuvalent is headquartered in United States

When did Nuvalent go public?

Nuvalent initial public offering (IPO) was on 29 July 2021

What is Nuvalent website?

https://www.nuvalent.com

Is Nuvalent in the S&P 500?

No, Nuvalent is not included in the S&P 500 index

Is Nuvalent in the NASDAQ 100?

No, Nuvalent is not included in the NASDAQ 100 index

Is Nuvalent in the Dow Jones?

No, Nuvalent is not included in the Dow Jones index

When was Nuvalent the previous earnings report?

No data

When does Nuvalent earnings report?

The next expected earnings date for Nuvalent is 27 February 2025