Wall Street Zen Downgrades REGENXBIO (NASDAQ:RGNX) to Sell

REGENXBIO (NASDAQ:RGNXGet Free Report) was downgraded by equities researchers at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday.

Several other equities research analysts also recently weighed in on the company. HC Wainwright reaffirmed a “buy” rating and issued a $34.00 target price on shares of REGENXBIO in a research report on Thursday. Chardan Capital restated a “buy” rating and issued a $52.00 price target on shares of REGENXBIO in a report on Thursday. Royal Bank Of Canada increased their price objective on shares of REGENXBIO from $17.00 to $19.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. Weiss Ratings reiterated a “sell (d-)” rating on shares of REGENXBIO in a research note on Thursday, January 22nd. Finally, Stifel Nicolaus upped their target price on shares of REGENXBIO from $40.00 to $45.00 and gave the company a “buy” rating in a research note on Friday, December 19th. Seven investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, REGENXBIO currently has a consensus rating of “Moderate Buy” and a consensus target price of $30.00.

View Our Latest Research Report on REGENXBIO

REGENXBIO Stock Down 3.8%

RGNX opened at $11.16 on Friday. REGENXBIO has a 52-week low of $5.03 and a 52-week high of $16.19. The company has a 50 day moving average of $13.72 and a two-hundred day moving average of $11.35. The company has a market cap of $564.92 million, a P/E ratio of -3.22 and a beta of 1.05.

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

Institutional Trading of REGENXBIO

A number of hedge funds have recently made changes to their positions in RGNX. Voss Capital LP boosted its stake in REGENXBIO by 47.4% during the 2nd quarter. Voss Capital LP now owns 575,000 shares of the biotechnology company’s stock valued at $4,721,000 after acquiring an additional 185,000 shares during the last quarter. Assenagon Asset Management S.A. increased its position in shares of REGENXBIO by 23.2% in the 3rd quarter. Assenagon Asset Management S.A. now owns 705,403 shares of the biotechnology company’s stock worth $6,807,000 after purchasing an additional 132,942 shares during the last quarter. Squarepoint Ops LLC raised its stake in shares of REGENXBIO by 2,049.0% in the 2nd quarter. Squarepoint Ops LLC now owns 219,288 shares of the biotechnology company’s stock valued at $1,800,000 after purchasing an additional 209,084 shares in the last quarter. 22NW LP lifted its position in shares of REGENXBIO by 38.1% during the second quarter. 22NW LP now owns 923,679 shares of the biotechnology company’s stock worth $7,583,000 after purchasing an additional 255,000 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in REGENXBIO in the second quarter worth about $1,453,000. Institutional investors and hedge funds own 88.08% of the company’s stock.

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.