TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Viridian Therapeutics ( (VRDN) ) has provided an update.
On October 21, 2025, Viridian Therapeutics announced an underwriting agreement for the sale of 11,425,000 shares of common stock at $22.00 per share, potentially raising approximately $251.35 million. The proceeds, combined with other financial resources, are expected to fund the company’s operations, including anticipated revenue from product sales and milestone payments, although the company acknowledges potential risks and uncertainties in its financial projections.
The most recent analyst rating on (VRDN) stock is a Hold with a $24.50 price target. To see the full list of analyst forecasts on Viridian Therapeutics stock, see the VRDN Stock Forecast page.
Spark’s Take on VRDN Stock
According to Spark, TipRanks’ AI Analyst, VRDN is a Neutral.
Viridian Therapeutics’ overall stock score is primarily impacted by its weak financial performance, characterized by persistent losses and cash flow challenges. While technical analysis indicates positive momentum, the valuation remains unattractive due to a negative P/E ratio and lack of dividends. The absence of earnings call data and corporate events limits further insights.
To see Spark’s full report on VRDN stock, click here.
More about Viridian Therapeutics
Viridian Therapeutics, Inc. operates in the biotechnology industry, focusing on developing therapies for serious diseases. The company’s primary products include veligrotug and VRDN-003, with a market focus on innovative treatments for unmet medical needs.
Average Trading Volume: 917,202
Technical Sentiment Signal: Buy
Current Market Cap: $1.96B
See more insights into VRDN stock on TipRanks’ Stock Analysis page.