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Revolution Medicines Reports Promising Phase 1 Study Results

Story Highlights
  • Revolution Medicines focuses on RAS-mutant cancer therapies, developing daraxonrasib for PDAC.
  • Phase 1 studies of daraxonrasib show promising results, supporting a planned Phase 3 trial.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Revolution Medicines Reports Promising Phase 1 Study Results

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Revolution Medicines ( (RVMD) ) just unveiled an announcement.

On September 10, 2025, Revolution Medicines reported updates from its Phase 1 studies on daraxonrasib, a RAS(ON) multi-selective inhibitor, for treating metastatic RAS-mutant pancreatic ductal adenocarcinoma (PDAC). The studies showed promising safety, tolerability, and efficacy data in both second-line and first-line settings, with notable objective response rates and disease control rates. These findings support further development and a planned Phase 3 trial, potentially enhancing the company’s position in the oncology market.

The most recent analyst rating on (RVMD) stock is a Buy with a $99.00 price target. To see the full list of analyst forecasts on Revolution Medicines stock, see the RVMD Stock Forecast page.

Spark’s Take on RVMD Stock

According to Spark, TipRanks’ AI Analyst, RVMD is a Neutral.

Revolution Medicines has a moderate overall score primarily due to financial challenges such as declining revenues and persistent net losses, common in biotech firms. The technical analysis indicates a bearish trend, and the valuation remains unattractive with a negative P/E ratio. However, the positive strides in the RAS(ON) inhibitor pipeline and strong liquidity position partially offset these challenges, as highlighted in the recent earnings call.

To see Spark’s full report on RVMD stock, click here.

More about Revolution Medicines

Revolution Medicines, Inc. operates in the biopharmaceutical industry, focusing on developing targeted therapies for RAS-mutant cancers. The company is advancing its RAS(ON) inhibitor, daraxonrasib, as a treatment for pancreatic ductal adenocarcinoma (PDAC), aiming to address unmet medical needs in oncology.

Average Trading Volume: 2,269,638

Technical Sentiment Signal: Strong Buy

Current Market Cap: $7.68B

See more insights into RVMD stock on TipRanks’ Stock Analysis page.

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