HC Wainwright Issues Pessimistic Outlook for LBRX Earnings

LB Pharmaceuticals Inc (NASDAQ:LBRXFree Report) – Stock analysts at HC Wainwright lowered their Q2 2026 earnings per share (EPS) estimates for shares of LB Pharmaceuticals in a research note issued to investors on Tuesday, May 26th. HC Wainwright analyst R. Selvaraju now forecasts that the company will post earnings per share of ($0.77) for the quarter, down from their previous estimate of ($0.73). HC Wainwright currently has a “Buy” rating on the stock. The consensus estimate for LB Pharmaceuticals’ current full-year earnings is ($3.55) per share. HC Wainwright also issued estimates for LB Pharmaceuticals’ Q3 2026 earnings at ($0.97) EPS, FY2026 earnings at ($3.61) EPS, Q1 2027 earnings at ($1.25) EPS, Q2 2027 earnings at ($1.29) EPS, Q4 2027 earnings at ($1.41) EPS and FY2027 earnings at ($5.30) EPS.

LB Pharmaceuticals (NASDAQ:LBRXGet Free Report) last issued its quarterly earnings results on Tuesday, May 12th. The company reported ($0.67) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.75) by $0.08.

Several other brokerages have also recently issued reports on LBRX. Craig Hallum started coverage on LB Pharmaceuticals in a research report on Friday, April 10th. They set a “buy” rating and a $36.00 price target on the stock. Stifel Nicolaus lifted their price target on LB Pharmaceuticals from $35.00 to $40.00 and gave the company a “buy” rating in a research report on Friday, March 27th. Finally, Roth Mkm restated a “buy” rating and issued a $37.00 target price on shares of LB Pharmaceuticals in a report on Sunday, May 17th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, LB Pharmaceuticals currently has an average rating of “Moderate Buy” and an average price target of $38.40.

Check Out Our Latest Stock Analysis on LBRX

LB Pharmaceuticals Stock Performance

Shares of LBRX stock opened at $27.80 on Thursday. LB Pharmaceuticals has a 1 year low of $13.36 and a 1 year high of $33.47. The stock has a market cap of $797.30 million and a PE ratio of -16.07. The business’s fifty day moving average is $28.00 and its 200-day moving average is $23.50.

Hedge Funds Weigh In On LB Pharmaceuticals

A number of hedge funds have recently modified their holdings of the stock. California State Teachers Retirement System acquired a new stake in shares of LB Pharmaceuticals in the fourth quarter worth $26,000. Russell Investments Group Ltd. acquired a new stake in shares of LB Pharmaceuticals in the fourth quarter worth $34,000. Bank of America Corp DE acquired a new stake in shares of LB Pharmaceuticals in the third quarter worth $27,000. Strs Ohio acquired a new stake in shares of LB Pharmaceuticals in the fourth quarter worth $76,000. Finally, Persistent Asset Partners Ltd acquired a new stake in shares of LB Pharmaceuticals in the fourth quarter worth $91,000.

LB Pharmaceuticals Company Profile

(Get Free Report)

We are a clinical-stage biopharmaceutical company developing novel therapies for the treatment of schizophrenia, bipolar depression, and other neuropsychiatric diseases. We are building a pipeline that leverages the broad therapeutic potential of our lead product candidate, LB-102, which we believe has the potential to be the first benzamide antipsychotic drug approved for neuropsychiatric disorders in the United States. LB-102 is a new chemical entity and a methylated derivative of amisulpride, a second-generation antipsychotic drug approved in over 50 countries, not including the United States, because the development and regulatory requirements of the U.S.

See Also

Earnings History and Estimates for LB Pharmaceuticals (NASDAQ:LBRX)

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