IDYA stock icon

IDEAYA Biosciences
IDYA

$35.29
1.55%

Market Cap: $2.98B

 

About: IDEAYA Biosciences Inc is an oncology-focused precision medicine company committed to the discovery and development of targeted therapeutics for patient populations selected using molecular diagnostics. It is engaged in applying capabilities across multiple classes of precision medicine, including direct targeting of oncogenic pathways and synthetic lethality. The company's product candidate IDE196 is a protein kinase C, or PKC, an inhibitor for genetically defined cancers having GNAQ or GNA11 gene mutations.

Employees: 124

0
Funds holding %
of 6,710 funds
0
Analysts bullish %
of 12 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

44% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 62

4.18% more ownership

Funds ownership: 107.02% [Q1] → 111.19% (+4.18%) [Q2]

7% more call options, than puts

Call options by funds: $800K | Put options by funds: $748K

2% less funds holding

Funds holding: 202 [Q1] → 198 (-4) [Q2]

12% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 33

16% less capital invested

Capital invested by funds: $3.5B [Q1] → $2.95B (-$545M) [Q2]

25% less funds holding in top 10

Funds holding in top 10: 4 [Q1] → 3 (-1) [Q2]

Research analyst outlook

12 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$50
42%
upside
Avg. target
$60
71%
upside
High target
$69
96%
upside

12 analyst ratings

12 positive
100%
neutral
0%
negative
0%
Stifel
Benjamin Burnett
80% 1-year accuracy
4 / 5 met price target
93%upside
$68
Buy
Maintained
10 Sept 2024
Citigroup
Yigal Nochomovitz
45% 1-year accuracy
17 / 38 met price target
64%upside
$58
Buy
Maintained
27 Aug 2024
JP Morgan
Anupam Rama
45% 1-year accuracy
26 / 58 met price target
87%upside
$66
Overweight
Maintained
8 Aug 2024
RBC Capital
Gregory Renza
52% 1-year accuracy
35 / 67 met price target
73%upside
$61
Outperform
Reiterated
7 Aug 2024
Wedbush
Robert Driscoll
55% 1-year accuracy
35 / 64 met price target
53%upside
$54
Outperform
Reiterated
7 Aug 2024

Financial journalist opinion

Based on 4 articles about IDYA published over the past 30 days

Neutral
PRNewsWire
1 month ago
IDEAYA Biosciences, Inc. Reports Second Quarter 2024 Financial Results and Provides Business Update
Darovasertib achieves triple-digit enrollment in Phase 2/3 trial in 1L HLA-A2*02:01(-) MUM; and >50 patients enrolled in Phase 2 neoadjuvant UM study ASCO 2024 oral presentation of darovasertib in neoadjuvant UM; FDA Type C meeting for neoadjuvant UM in Q3'24 and targeting Phase 2 neoadjuvant UM data update in H2'24 Demonstrated preliminary proof-of-concept for IDE397 in MTAP urothelial and lung cancer; 1 PR awaiting confirmation has confirmed and 1 additional PR still awaiting confirmation, from the 2 uPRs noted in the July 8, 2024 webcast IDEAYA, in consultation with Amgen, has now financially budgeted to support its obligations for target IDE397 / AMG 193 clinical combination expansion in NSCLC Phase 1 FPI achieved for IDE397 and Trodelvy® combo in MTAP-deletion urothelial cancer Targeting initial IDE161 Ph 1/2 expansion and Phase 1 FPI for IDE161 in combination with Merck's anti-PD-1 therapy KEYTRUDA® (pembrolizumab) in endometrial cancer in H2'24 Targeting Werner IND in H2'24, and MTAP and KAT6 pathway DCs in H2'24 Targeting B7H3/PTK7 Topo-Payload Bispecific-ADC DC nomination in H2'24 IDEAYA to host an Investor R&D Day in Q4 2024 $952.7 million of cash, cash equivalents and marketable securities as of June 30, 2024, supplemented by net proceeds of $283.8 million from July 2024 public offering, anticipated to fund operations into at least 2028 SOUTH SAN FRANCISCO, Calif. , Aug. 6, 2024 /PRNewswire/ -- IDEAYA Biosciences, Inc. (Nasdaq: IDYA), a precision medicine oncology company committed to the discovery and development of targeted therapeutics, provided a business update, and announced financial results for the second quarter ended June 30, 2024.
IDEAYA Biosciences, Inc. Reports Second Quarter 2024 Financial Results and Provides Business Update