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Nuvalent ( (NUVL) ) has issued an update.
On July 21, 2025, Nuvalent, Inc. announced the initiation of its Phase 3 clinical trial, ALKAZAR, to evaluate neladalkib for TKI-naïve patients with advanced ALK-positive non-small cell lung cancer. The trial will compare neladalkib against ALECENSA®, a front-line standard of care, marking a significant step in Nuvalent’s efforts to enhance treatment options for this type of cancer.
The most recent analyst rating on (NUVL) stock is a Buy with a $125.00 price target. To see the full list of analyst forecasts on Nuvalent stock, see the NUVL Stock Forecast page.
Spark’s Take on NUVL Stock
According to Spark, TipRanks’ AI Analyst, NUVL is a Neutral.
Nuvalent’s overall score reflects the typical high-risk, high-reward nature of early-stage biotech firms. Strengths include a solid cash position and no debt, while significant risks arise from the lack of revenue and dependency on external financing. Technical indicators suggest positive short-term momentum, but overbought conditions may present challenges. Valuation metrics are not favorable due to negative earnings.
To see Spark’s full report on NUVL stock, click here.
More about Nuvalent
Average Trading Volume: 533,458
Technical Sentiment Signal: Strong Buy
Current Market Cap: $5.99B
See more data about NUVL stock on TipRanks’ Stock Analysis page.