Journey MedicalDERM
Market Cap: $106M
About: Journey Medical Corp is a commercial stage pharmaceutical company focused on the development and commercialization of pharmaceutical products for the treatment of dermatological conditions. The company's portfolio includes eight branded and three authorized generic prescription drugs for dermatological conditions that are marketed in the United States. Some of the group's products are Qbrexza, Accutane, Amzeeq, Exelderm and others.
Employees: 58
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
99% more capital invested
Capital invested by funds: $6.68M [Q1] → $13.3M (+$6.63M) [Q2]
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
6% more funds holding
Funds holding: 33 [Q1] → 35 (+2) [Q2]
2.32% more ownership
Funds ownership: 14.53% [Q1] → 16.85% (+2.32%) [Q2]
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Lake Street Thomas Flaten 57% 1-year accuracy 4 / 7 met price target | 76%upside $9 | Buy Initiated | 6 Sept 2024 |
Rodman & Renshaw | 76%upside $9 | Buy Initiated | 22 Aug 2024 |
Roth MKM Jason Wittes 61% 1-year accuracy 11 / 18 met price target | 116%upside $11 | Buy Reinstated | 28 Jun 2024 |