REGENXBIO’s (RGNX) “Buy” Rating Reiterated at Chardan Capital

Chardan Capital reissued their buy rating on shares of REGENXBIO (NASDAQ:RGNXFree Report) in a report issued on Thursday morning,Benzinga reports. Chardan Capital currently has a $52.00 target price on the biotechnology company’s stock.

RGNX has been the topic of a number of other research reports. Leerink Partners lifted their target price on REGENXBIO from $16.00 to $20.00 and gave the company an “outperform” rating in a research report on Monday, December 15th. Barclays assumed coverage on shares of REGENXBIO in a research note on Tuesday. They issued an “overweight” rating and a $37.00 price target on the stock. Stifel Nicolaus lifted their target price on shares of REGENXBIO from $40.00 to $45.00 and gave the company a “buy” rating in a report on Friday, December 19th. Weiss Ratings restated a “sell (d-)” rating on shares of REGENXBIO in a research note on Thursday, January 22nd. Finally, HC Wainwright restated a “buy” rating and set a $34.00 target price on shares of REGENXBIO in a report on Tuesday, October 7th. Seven analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $30.00.

Check Out Our Latest Report on RGNX

REGENXBIO Stock Down 3.8%

Shares of RGNX opened at $11.16 on Thursday. REGENXBIO has a 52-week low of $5.03 and a 52-week high of $16.19. The stock has a fifty day simple moving average of $13.72 and a two-hundred day simple moving average of $11.33. The company has a market capitalization of $564.92 million, a PE ratio of -3.22 and a beta of 1.07.

REGENXBIO (NASDAQ:RGNXGet Free Report) last issued its earnings results on Thursday, November 6th. The biotechnology company reported ($1.20) EPS for the quarter, topping analysts’ consensus estimates of ($1.38) by $0.18. The company had revenue of $29.73 million for the quarter, compared to the consensus estimate of $24.41 million. REGENXBIO had a negative net margin of 110.29% and a negative return on equity of 78.29%. As a group, equities analysts anticipate that REGENXBIO will post -4.84 earnings per share for the current fiscal year.

Institutional Trading of REGENXBIO

A number of institutional investors have recently bought and sold shares of the business. Jones Financial Companies Lllp raised its position in shares of REGENXBIO by 44.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 4,133 shares of the biotechnology company’s stock worth $40,000 after acquiring an additional 1,270 shares in the last quarter. Profund Advisors LLC raised its holdings in REGENXBIO by 11.8% during the third quarter. Profund Advisors LLC now owns 14,444 shares of the biotechnology company’s stock worth $139,000 after purchasing an additional 1,523 shares in the last quarter. Pale Fire Capital SE raised its holdings in REGENXBIO by 7.7% during the second quarter. Pale Fire Capital SE now owns 27,846 shares of the biotechnology company’s stock worth $229,000 after purchasing an additional 2,000 shares in the last quarter. State of Alaska Department of Revenue acquired a new position in shares of REGENXBIO in the 3rd quarter valued at $25,000. Finally, Diversified Trust Co. boosted its holdings in shares of REGENXBIO by 24.3% in the 4th quarter. Diversified Trust Co. now owns 13,378 shares of the biotechnology company’s stock valued at $193,000 after buying an additional 2,615 shares in the last quarter. 88.08% of the stock is owned by hedge funds and other institutional investors.

REGENXBIO News Summary

Here are the key news stories impacting REGENXBIO this week:

  • Positive Sentiment: Chardan Capital reaffirmed a “buy” on RGNX and set a $52 price target, signaling strong upside from current levels. Chardan Reaffirmation
  • Neutral Sentiment: Zacks notes RGNX recently jumped on higher volume (a 5.4% move) but warns that recent downward earnings‑estimate revisions could limit near‑term upside; investors should watch subsequent analyst revisions. Zacks: Soars 5.4%
  • Positive Sentiment: Leerink (reported by Yahoo Finance) called the earlier selloff “an overreaction” to the clinical hold, suggesting a recovery is possible if forthcoming safety data and disclosures calm investors. Leerink Commentary
  • Negative Sentiment: The U.S. FDA placed clinical holds on RGX‑111 and RGX‑121 following identification of a tumor in a trial participant (disclosed in a Form 8‑K on Jan. 28), a direct driver of the recent sharp stock decline and operational uncertainty for those programs. FDA Clinical Hold / Form 8‑K
  • Negative Sentiment: Multiple law firms (Levi & Korsinsky, Pomerantz) have launched investigations alleging potential disclosure gaps or securities claims tied to the FDA action, increasing legal and reputational risk. Levi & Korsinsky Investigation Pomerantz Investigation
  • Negative Sentiment: Media coverage (Investing.com, AAII, MSN) documents a steep market reaction and broad selloff following the FDA notice; near‑term stock performance will hinge on company updates, the FDA’s path to lifting holds, and any further safety disclosures. Investing.com Coverage

About REGENXBIO

(Get Free Report)

REGENXBIO Inc is a clinical‐stage biotechnology company specializing in the development of gene therapies using its proprietary NAV® AAV (adeno‐associated virus) platform. The company engineers next‐generation AAV vectors designed to deliver functional genes to targeted cells, aiming to address a range of rare genetic diseases and ocular, metabolic and neurologic disorders. REGENXBIO’s pipeline features several product candidates in various stages of preclinical and clinical development, including RGX-314 for wet age‐related macular degeneration, RGX-121 for mucopolysaccharidosis II (Hunter syndrome) and RGX-121 for other rare lysosomal storage diseases.

In addition to its internally funded programs, REGENXBIO has established partnerships with major biopharmaceutical companies to advance its NAV technology.

Featured Stories

Analyst Recommendations for REGENXBIO (NASDAQ:RGNX)

Receive News & Ratings for REGENXBIO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for REGENXBIO and related companies with MarketBeat.com's FREE daily email newsletter.