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Opthea Limited (OPT) Stock

Profile

Sector:

Healthcare

Industry:

Biotechnology

Country:

Australia

IPO:

16 October 2020

Indexes:

Not included

Description:

Opthea Limited is a biotechnology company focused on developing innovative treatments for eye diseases, particularly wet age-related macular degeneration. The company aims to improve vision and quality of life for patients through advanced therapies and clinical research.

Key Details

Price

$3.33

Annual Revenue

$124.70 K(+15.04% YoY)

Annual EPS

-$2.76(-7.17% YoY)

Annual ROE

290.52%

Beta

0.48

Events Calendar

Earnings

Next earnings date:

Aug 29, 2025

Recent quarterly earnings:

Aug 30, 2024

Recent annual earnings:

Aug 30, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

Oct 16, 2020

Analyst ratings

Recent major analysts updates

03 Sept '24 HC Wainwright & Co.
Buy
13 Sept '23 Oppenheimer
Outperform
01 Aug '23 HC Wainwright & Co.
Buy
16 May '23 EF Hutton
Buy
17 Apr '23 EF Hutton
Buy
13 Mar '23 Oppenheimer
Outperform
24 Feb '23 HC Wainwright & Co.
Buy
08 Dec '22 HC Wainwright & Co.
Buy
16 Sept '22 Citigroup
Buy
26 Apr '22 SVB Leerink
Outperform

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Institutional Ownership

Opthea's Wet AMD Program to be Featured at FLORetina 2024
Opthea's Wet AMD Program to be Featured at FLORetina 2024
Opthea's Wet AMD Program to be Featured at FLORetina 2024
OPT
globenewswire.com26 November 2024

MELBOURNE, Australia, and Princeton, N.J., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ:OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, including wet age-related macular degeneration (wet AMD), today announced that sozinibercept will be featured as part of an oral presentation at the annual FLORetina Congress being held on December 5-8, 2024 in Florence, Italy. FLORetina aims to provide cutting-edge insights on research and clinical development from world-leading experts in the field of medical retina, retinal surgery, and imaging.

Opthea Appoints Kathy Connell to Board of Directors
Opthea Appoints Kathy Connell to Board of Directors
Opthea Appoints Kathy Connell to Board of Directors
OPT
globenewswire.com15 November 2024

Ms. Connell is a commercial executive with business development expertise Appointment takes place as Opthea prepares for Phase 3 wet AMD topline data in 2025 MELBOURNE, Australia, and PRINCETON, N.J., Nov. 15, 2024 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, including wet age-related macular degeneration (wet AMD), today announced the appointment of Kathy Connell, GAICD, to the Board of Directors (the “Board”) as a Non-Executive Director.

Opthea Wet AMD Program to be Presented at Innovate Retina
Opthea Wet AMD Program to be Presented at Innovate Retina
Opthea Wet AMD Program to be Presented at Innovate Retina
OPT
globenewswire.com10 October 2024

MELBOURNE, Australia, and Princeton, N.J., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, including wet age-related macular degeneration (wet AMD), today announced that sozinibercept will be highlighted during the Innovate Retina Meeting on October 17, 2024, in Chicago, Illinois.

Opthea to Participate in the UBS Virtual Ophthalmology Day 2024
Opthea to Participate in the UBS Virtual Ophthalmology Day 2024
Opthea to Participate in the UBS Virtual Ophthalmology Day 2024
OPT
globenewswire.com30 September 2024

MELBOURNE, Australia and PRINCETON, N.J., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, including wet age-related macular degeneration (wet AMD), today announced that management will participate in a fireside chat and be available for one-on-one investor meetings at the UBS Virtual Ophthalmology Day 2024 being held on October 2, 2024.

Opthea Announces Completion of Drug Substance PPQ Campaign Validating Manufacturing Process of Sozinibercept
Opthea Announces Completion of Drug Substance PPQ Campaign Validating Manufacturing Process of Sozinibercept
Opthea Announces Completion of Drug Substance PPQ Campaign Validating Manufacturing Process of Sozinibercept
OPT
globenewswire.com18 September 2024

Three consecutive commercial-scale batches successfully produced Major milestone for potential BLA filing of sozinibercept in wet AMD Progress update of drug product PPQ campaign expected in early 2025 MELBOURNE, Australia and PRINCETON, N.J., Sept. 18, 2024 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, including wet age-related macular degeneration (wet AMD), today announced the completion of its drug substance Process Performance Qualification (PPQ) campaign for sozinibercept.

Opthea to Have Significant Presence at the 24ᵗʰ EURETINA Congress and EURETINA Innovation Spotlight
Opthea to Have Significant Presence at the 24ᵗʰ EURETINA Congress and EURETINA Innovation Spotlight
Opthea to Have Significant Presence at the 24ᵗʰ EURETINA Congress and EURETINA Innovation Spotlight
OPT
globenewswire.com10 September 2024

MELBOURNE, Australia and PRINCETON, N.J., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, including wet age-related macular degeneration (wet AMD), today announced scientific presentations and a non-CME educational lunch symposium highlighting sozinibercept's potential to become the first therapy in 20 years to improve visual outcomes in wet AMD patients at the European Society of Retina Specialists Annual Conference -- EURETINA Innovation Spotlight (EIS), September 18, 2024, and the 24th EURETINA Congress, September 19-22, 2024, being held at the CCIB in Barcelona, Spain.

Opthea Announces Executive Leadership Changes and Senior Hires
Opthea Announces Executive Leadership Changes and Senior Hires
Opthea Announces Executive Leadership Changes and Senior Hires
OPT
globenewswire.com05 September 2024

Daniel Geffken appointed Chief Financial Officer ad interim Mike Campbell appointed Chief Commercial Officer Three senior leaders appointed for Biometrics, Clinical Operations and Market Access MELBOURNE, Australia and PRINCETON, N.J., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical Company developing novel therapies to treat highly prevalent and progressive retinal diseases, including wet age-related macular degeneration (wet AMD), today announced executive leadership changes in Commercial and Finance as well as senior hires for Biometrics, Clinical Operations and Market Access.

Opthea to Participate in H.C. Wainwright 26th Global Investment Conference and Cantor 2024 Global Healthcare Conference
Opthea to Participate in H.C. Wainwright 26th Global Investment Conference and Cantor 2024 Global Healthcare Conference
Opthea to Participate in H.C. Wainwright 26th Global Investment Conference and Cantor 2024 Global Healthcare Conference
OPT
globenewswire.com03 September 2024

MELBOURNE, Australia and PRINCETON, N.J., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, including wet age-related macular degeneration (wet AMD), today announced that management will present and participate in one-on-one investor meetings at the following two investor conferences in September 2024:

Opthea Reports Full-Year Financial Results and Business Updates
Opthea Reports Full-Year Financial Results and Business Updates
Opthea Reports Full-Year Financial Results and Business Updates
OPT
globenewswire.com30 August 2024

Completed patient enrollment in COAST and ShORe pivotal wet AMD trials Financings extended cash runway through topline data readout of both trials in CY2025 Leadership appointments in preparation for regulatory filing and launch of sozinibercept MELBOURNE, Australia, and PRINCETON, N.J., Aug. 30, 2024 (GLOBE NEWSWIRE) --  Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, including wet age-related macular degeneration (wet AMD), today announced financial results for the twelve months ended June 30, 2024, and highlighted recent corporate and clinical updates.

Opthea to Participate in the H.C. Wainwright 4th Annual Ophthalmology Virtual Conference, August 15, 2024
Opthea to Participate in the H.C. Wainwright 4th Annual Ophthalmology Virtual Conference, August 15, 2024
Opthea to Participate in the H.C. Wainwright 4th Annual Ophthalmology Virtual Conference, August 15, 2024
OPT
globenewswire.com08 August 2024

MELBOURNE, Australia and PRINCETON, N.J., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, including wet age-related macular degeneration (wet AMD), today announced that management will present at the H.C. Wainwright 4th Annual Ophthalmology Virtual Conference and participate in one-on-one investor meetings on August 15, 2024.

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FAQ

  • What is the primary business of Opthea Limited?
  • What is the ticker symbol for Opthea Limited?
  • Does Opthea Limited pay dividends?
  • What sector is Opthea Limited in?
  • What industry is Opthea Limited in?
  • What country is Opthea Limited based in?
  • When did Opthea Limited go public?
  • Is Opthea Limited in the S&P 500?
  • Is Opthea Limited in the NASDAQ 100?
  • Is Opthea Limited in the Dow Jones?
  • When was Opthea Limited's last earnings report?
  • When does Opthea Limited report earnings?
  • Should I buy Opthea Limited stock now?

What is the primary business of Opthea Limited?

Opthea Limited is a biotechnology company focused on developing innovative treatments for eye diseases, particularly wet age-related macular degeneration. The company aims to improve vision and quality of life for patients through advanced therapies and clinical research.

What is the ticker symbol for Opthea Limited?

The ticker symbol for Opthea Limited is NASDAQ:OPT

Does Opthea Limited pay dividends?

No, Opthea Limited does not pay dividends

What sector is Opthea Limited in?

Opthea Limited is in the Healthcare sector

What industry is Opthea Limited in?

Opthea Limited is in the Biotechnology industry

What country is Opthea Limited based in?

Opthea Limited is headquartered in Australia

When did Opthea Limited go public?

Opthea Limited's initial public offering (IPO) was on 16 October 2020

Is Opthea Limited in the S&P 500?

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

Is Opthea Limited in the NASDAQ 100?

No, Opthea Limited is not included in the NASDAQ 100 index

Is Opthea Limited in the Dow Jones?

No, Opthea Limited is not included in the Dow Jones index

When was Opthea Limited's last earnings report?

Opthea Limited's most recent earnings report was on 30 August 2024

When does Opthea Limited report earnings?

The next expected earnings date for Opthea Limited is 29 August 2025

Should I buy Opthea Limited stock now?

As of today, analysts generally recommend a 'Strong buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions