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An announcement from Avidity Biosciences ( (RNA) ) is now available.
On September 9, 2025, Avidity Biosciences‘ board approved an amendment to increase the number of shares in their Employment Inducement Incentive Award Plan. The company announced positive results from the EXPLORE44 and EXPLORE44-OLE trials, showing significant improvements in patients with DMD treated with delpacibart zotadirsen. The data revealed a reversal of disease progression and improved functional measures, with a notable increase in dystrophin production and reduction in creatine kinase levels. Avidity plans to submit a Biologics License Application to the FDA by the end of 2025, aiming for a 2026 launch, marking a significant step in their strategic goals for commercialization.
The most recent analyst rating on (RNA) stock is a Buy with a $96.00 price target. To see the full list of analyst forecasts on Avidity Biosciences stock, see the RNA Stock Forecast page.
Spark’s Take on RNA Stock
According to Spark, TipRanks’ AI Analyst, RNA is a Neutral.
Avidity Biosciences’ stock score is primarily driven by positive corporate events and strong technical indicators, suggesting potential for future growth. However, financial performance challenges and valuation concerns temper the overall score. The company’s strategic developments and market positioning are promising, but operational improvements are needed to sustain long-term growth.
To see Spark’s full report on RNA stock, click here.
More about Avidity Biosciences
Avidity Biosciences is a company operating in the biotechnology industry, focusing on the development of RNA therapeutics. The company is involved in creating treatments for genetic disorders, with a particular emphasis on conditions like Duchenne Muscular Dystrophy (DMD).
Average Trading Volume: 2,660,573
Technical Sentiment Signal: Buy
Current Market Cap: $6.18B
For detailed information about RNA stock, go to TipRanks’ Stock Analysis page.