Oric PharmaceuticalsORIC
About: ORIC Pharmaceuticals Inc is a clinical-stage biopharmaceutical company. It has a pipeline of therapies designed to counter resistance mechanisms in cancer by leveraging its expertise within three specific areas: hormone-dependent cancers, precision oncology, and key tumor dependencies. The company has product candidates namely ORIC-944, ORIC-114, and ORIC-533.
Employees: 107
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
184% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 19
5.04% more ownership
Funds ownership: 95.2% [Q1] → 100.24% (+5.04%) [Q2]
5% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 20
1% more funds holding
Funds holding: 111 [Q1] → 112 (+1) [Q2]
20% less funds holding in top 10
Funds holding in top 10: 5 [Q1] → 4 (-1) [Q2]
46% less capital invested
Capital invested by funds: $882M [Q1] → $478M (-$404M) [Q2]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
HC Wainwright & Co. Robert Burns 46% 1-year accuracy 66 / 145 met price target | 137%upside $21 | Buy Reiterated | 18 Sept 2024 |
Wedbush David Nierengarten 49% 1-year accuracy 25 / 51 met price target | 125%upside $20 | Outperform Reiterated | 10 Sept 2024 |
Stifel Bradley Canino 45% 1-year accuracy 15 / 33 met price target | 125%upside $20 | Buy Initiated | 6 Sept 2024 |
HC Wainwright & Co. Robert Burns 46% 1-year accuracy 66 / 145 met price target | 137%upside $21 | Buy Reiterated | 14 Aug 2024 |
Wedbush David Nierengarten 49% 1-year accuracy 25 / 51 met price target | 125%upside $20 | Outperform Reiterated | 13 Aug 2024 |