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Forecast
The analysts' average price target is €75.71 (+3.25%). The median is €75.83 (+3.41%).
| Buy |
13 |
| Hold |
8 |
| Sell |
0 |
News Go to news feed
Crinetics Pharmaceuticals reaches record high at $84.8
Crinetics Pharmaceuticals’ stock rose to a record high of $84.8, lifting its market capitalization to about $9 billion. The company reported strong revenue growth with net product revenues of $24.0 million in Q2 2026 and total revenue of $25.1 million. The planned roughly $10 billion acquisition by Vertex has advanced following regulatory approvals, but analysts reacted with downgrades. Data indicate the stock may be temporarily above its fair value and overbought. » More on de.investing.com
Crinetics merger with Vertex clears major antitrust hurdles
The planned takeover of Crinetics by Vertex has passed important antitrust waiting periods and received approvals in Austria, Germany and Australia. The transaction envisages a cash price of $85 per share (around $10 billion) and remains subject, among other things, to approval by Crinetics shareholders on August 28, 2026; closing is expected in early September or in the third quarter of 2026. Crinetics shares are trading near their 52-week high, and the company reported strong revenue growth for Palsonify in the second quarter of 2026. » More on de.investing.com
Crinetics Pharmaceuticals hits record high at $84.35 after Vertex acquisition announcement
Crinetics Pharmaceuticals shares rose to a record high of $84.35 and are trading near their 52-week high; market capitalization is about $8.94 billion. Vertex announced a takeover of Crinetics for $85 per share (about $10 billion), with completion expected in Q3 2026. Crinetics reported strong revenue growth driven by Palsonify (Q2 revenue $24.0 million; total revenue $25.1 million) and has posted double-digit gains year-to-date, while some analysts have cut ratings from buy to neutral/hold and InvestingPro flags overbought RSI signals and possible overvaluation. » More on de.investing.com
Financials
| (EUR) | June 2026 | YoY |
|---|---|---|
| Revenue | 22.01m | 2,416.07% |
| Gross profit | 21.87m | 2,400.65% |
| Net profit | -105.89m | 7.94% |
| EBITDA | -115.12m | 18.32% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €8.04bn |
Number of shares | 106.1m |
52-week high/low | €75.84 - €28.82 |
| Dividends | No |
Beta | 0.13 |
P/E ratio | -16.82 |
PEG ratio | 0.83 |
P/B ratio | 7.52 |
P/S ratio | 213.80 |
Company profile
Crinetics Pharmaceuticals, Inc., a clinical stage pharmaceutical company, focuses on the discovery, development, and commercialization of therapeutics for rare endocrine diseases and endocrine-related tumors. Its lead product candidate is Paltusotine, an oral selective nonpeptide somatostatin receptor type 2 agonist that has completed phase III clinical trial for the treatment of acromegaly, as well as completed phase II clinical trial to treat carcinoid syndrome and nonfunctional neuroendocrine tumors (NETs). The company is also developing CRN04777, an oral selective nonpeptide somatostatin type 5 receptor agonist, which is in phase I clinical trial for the treatment of congenital hyperinsulinism; and CRN04894, an oral adrenocorticotrophic hormone antagonist that is in phase I clinical trial for the treatment of Cushing's and congenital adrenal hyperplasia diseases. Crinetics Pharmaceuticals, Inc. was incorporated in 2008 and is headquartered in San Diego, California.
| Name | Crinetics Pharmaceuticals Inc |
| CEO | R. Scott Struthers |
| Headquarters | San Diego,
ca USA |
| Website | |
| Sector | Materials |
| Industry | Chemicals |
| IPO | 18/07/2018 |
| Employees | 594 |
Deep Dive
Ticker symbols
| Exchange | Symbol |
|---|---|
NASDAQ | CRNX |
Frankfurt | 6Z4.F |
Düsseldorf | 6Z4.DU |
München | 6Z4.MU |