Editas Medicine posts smaller‑than‑expected Q4 net loss on lower R&D spend

Editas Medicine, Inc. +4.18%

Editas Medicine, Inc.

EDIT

3.49

+4.18%


Overview

  • Gene editing firm's Q4 net loss beat analyst estimates

  • Collaboration and R&D revenue decreased due to prior milestone revenue recognition

  • Company maintains strong cash position with runway into Q3 2027


Outlook

  • Editas plans IND/CTA submission for EDIT-401 by mid-2026


Result Drivers

  • LOWER R&D EXPENSE: Research and development expenses decreased by $21.2 million to $27.4 million for the three months ended December 31, 2025, compared to $48.6 million for the same period in 2024.


Company press release: ID:nGNX8VPqVz


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Collaboration and other research and development revenue

$24.70 mln

Q4 EPS

-$0.06

Q4 Net Income

Beat

-$5.62 mln

-$24.29 mln (9 Analysts)

Q4 Basic EPS

-$0.06

Q4 Operating Expenses

$32.50 mln

Q4 Operating Income

-$7.76 mln


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 5 "hold" and 2 "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 Editas Medicine Inc is $4.00, about 100% above its March 6 closing price of $2.00


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