HC Wainwright Issues Positive Forecast for SLGL Earnings

Sol-Gel Technologies Ltd. (NASDAQ:SLGL) – Equities researchers at HC Wainwright lifted their Q2 2026 earnings per share (EPS) estimates for shares of Sol-Gel Technologies in a report issued on Monday, July 20th. HC Wainwright analyst R. Selvaraju now expects that the company will earn ($1.29) per share for the quarter, up from their prior forecast of ($1.81). HC Wainwright currently has a “Buy” rating and a $110.00 price objective on the stock. The consensus estimate for Sol-Gel Technologies’ current full-year earnings is ($9.10) per share. HC Wainwright also issued estimates for Sol-Gel Technologies’ Q3 2026 earnings at ($1.71) EPS, Q4 2026 earnings at ($1.72) EPS, Q1 2027 earnings at ($1.17) EPS, Q2 2027 earnings at ($1.09) EPS, Q3 2027 earnings at ($1.29) EPS, Q4 2027 earnings at ($1.42) EPS and FY2027 earnings at ($4.97) EPS.

SLGL has been the subject of several other reports. Wall Street Zen lowered shares of Sol-Gel Technologies from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. TD Cowen initiated coverage on shares of Sol-Gel Technologies in a research report on Friday, May 29th. They set a “buy” rating on the stock. Mizuho started coverage on Sol-Gel Technologies in a research note on Wednesday, June 24th. They issued an “outperform” rating and a $285.00 price target for the company. Weiss Ratings lowered Sol-Gel Technologies from a “sell (d+)” rating to a “sell (d-)” rating in a report on Thursday, June 4th. Finally, Lifesci Capital upgraded Sol-Gel Technologies to a “strong-buy” rating in a research note on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Sol-Gel Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $197.50.

Sol-Gel Technologies Price Performance

SLGL opened at $89.74 on Wednesday. The stock has a market capitalization of $252.17 million, a PE ratio of -263.93 and a beta of 1.12. The firm’s fifty day moving average price is $74.23 and its 200 day moving average price is $73.00. Sol-Gel Technologies has a 12-month low of $8.60 and a 12-month high of $97.97.

Sol-Gel Technologies (NASDAQ:SLGL) last released its quarterly earnings results on Thursday, May 28th. The company reported ($1.31) earnings per share for the quarter, topping analysts’ consensus estimates of ($2.86) by $1.55. Sol-Gel Technologies had a negative net margin of 5.66% and a negative return on equity of 3.17%. The business had revenue of $0.11 million during the quarter, compared to the consensus estimate of $0.90 million.

Institutional Investors Weigh In On Sol-Gel Technologies

A number of hedge funds have recently added to or reduced their stakes in SLGL. Yelin Lapidot Holdings Management Ltd. bought a new position in shares of Sol-Gel Technologies during the fourth quarter worth about $748,000. Opaleye Management Inc. lifted its position in Sol-Gel Technologies by 121.5% in the 4th quarter. Opaleye Management Inc. now owns 453,739 shares of the company’s stock valued at $19,121,000 after purchasing an additional 248,904 shares during the last quarter. Finally, Affinity Asset Advisors LLC acquired a new position in Sol-Gel Technologies during the 1st quarter valued at about $2,773,000. 26.18% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, major shareholder Opaleye Management Inc. bought 1,937 shares of the stock in a transaction dated Wednesday, May 13th. The stock was bought at an average cost of $66.87 per share, with a total value of $129,527.19. Following the completion of the acquisition, the insider owned 488,437 shares of the company’s stock, valued at $32,661,782.19. This trade represents a 0.40% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders purchased 5,678 shares of company stock valued at $393,758 in the last three months. Insiders own 66.51% of the company’s stock.

About Sol-Gel Technologies

Sol-Gel Technologies, Inc (NASDAQ: SLGL) is a U.S.-based advanced materials company specializing in the development and commercialization of nanostructured materials using proprietary sol-gel processes. Leveraging expertise in materials chemistry and thin-film deposition, the company focuses on the production of metal oxide powders, sols, coatings and functional inks designed to enhance performance in a variety of industrial and commercial applications.

The company’s product portfolio includes corrosion- and abrasion-resistant coatings, dielectric and conductive films, catalyst supports and specialty fillers.