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Y-mAbs Therapeutics price target lowered to $20 from $21 at Oppenheimer

Oppenheimer analyst Jeff Jones lowered the firm’s price target on Y-mAbs Therapeutics (YMAB) to $20 from $21 and keeps an Outperform rating on the shares. The firm notes Y-mAbs Therapeutics reported Q1 results, including $20.9M in Danyelza revenue beating OPCO/consensus estimates of $19.5/19.6M respectively. Management maintained 2025 full-year revenue guidance at $75-90M, with Q2 guidance of $17M-$19M, below Q1 2025. Oppenheimer’s main concern with Q1 revenue is the sequential quarter-over-quarter $3.5M decrease in revenue from the U.S.

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