Leerink Partnrs Predicts Higher Earnings for Nanobiotix

Nanobiotix S.A. (NASDAQ:NBTXFree Report) – Research analysts at Leerink Partnrs raised their FY2024 EPS estimates for Nanobiotix in a research note issued on Tuesday, March 18th. Leerink Partnrs analyst J. Chang now anticipates that the company will post earnings per share of ($0.94) for the year, up from their previous estimate of ($1.22). The consensus estimate for Nanobiotix’s current full-year earnings is ($1.18) per share. Leerink Partnrs also issued estimates for Nanobiotix’s FY2025 earnings at ($0.51) EPS and FY2026 earnings at $0.84 EPS.

Separately, UBS Group upgraded shares of Nanobiotix to a “hold” rating in a research report on Monday, February 17th.

Get Our Latest Stock Analysis on Nanobiotix

Nanobiotix Trading Down 2.0 %

NASDAQ NBTX opened at $3.73 on Friday. Nanobiotix has a 12 month low of $2.76 and a 12 month high of $7.51. The company’s 50 day simple moving average is $3.49 and its 200 day simple moving average is $3.93.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. OLD Mission Capital LLC acquired a new position in Nanobiotix in the fourth quarter worth approximately $139,000. Jane Street Group LLC acquired a new position in Nanobiotix in the 4th quarter worth approximately $73,000. Millennium Management LLC acquired a new position in Nanobiotix in the 4th quarter worth approximately $39,000. Finally, Geode Capital Management LLC acquired a new position in Nanobiotix in the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 38.81% of the company’s stock.

About Nanobiotix

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Nanobiotix SA, a clinical-stage biotechnology, focuses on developing product candidates for the treatment of cancer and other unmet medical needs. Its lead product candidate is NBTXR3, a sterile aqueous suspension of crystalline hafnium oxide nanoparticles used for the treatment of soft tissue sarcoma, head and neck cancers, liver cancers, prostate cancer, pancreatic cancer, esophageal cancer, rectal cancer, and non-small cell lung cancer.

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