MARKET

NUVL

NUVL

Nuvalent, Inc.
NASDAQ
66.07
-1.13
-1.68%
Closed 16:20 04/25 EDT
OPEN
65.66
PREV CLOSE
67.20
HIGH
66.53
LOW
64.44
VOLUME
287.77K
TURNOVER
0
52 WEEK HIGH
89.39
52 WEEK LOW
33.03
MARKET CAP
4.23B
P/E (TTM)
-30.4779
1D
5D
1M
3M
1Y
5Y
Here's Why We're Not Too Worried About Nuvalent's (NASDAQ:NUVL) Cash Burn Situation
Nuvalent's cash burn has increased 54% in the last year. The company is burning through cash to fund its growth. Its cash runway is the amount of time it would take to burn through its cash reserves. Nuvalent had cash of US$720m and no debt as at December 2023. It has a solid cash runway of 7.2 years to fund future growth. The cash burn is not a cause for concern for shareholders of the company.
Simply Wall St · 4d ago
Weekly Report: what happened at NUVL last week (0415-0419)?
Weekly Report · 4d ago
Nuvalent (NUVL) Shares Cross Below 200 DMA
NASDAQ · 6d ago
Jefferies starts Nuvalent at buy, cites lung cancer drug candidates
Seeking Alpha · 04/18 13:54
Nuvalent Price Target Announced at $97.00/Share by Jefferies
Dow Jones · 04/17 12:06
Nuvalent Initiated at Buy by Jefferies
Dow Jones · 04/17 12:06
Jefferies Initiates Coverage On Nuvalent with Buy Rating, Announces Price Target of $97
Benzinga · 04/17 11:57
NUVALENT INC <NUVL.O>: JEFFERIES INITIATES COVERAGE WITH BUY RATING; PRICE TARGET $97
Reuters · 04/17 06:45
More
About NUVL
Nuvalent, Inc. is a clinical-stage biopharmaceutical company focused on creating precisely targeted therapies for clinically proven kinase targets in cancer. It develops small molecules that have the potential to overcome resistance, minimize adverse events, address brain metastases and drive more durable responses. It is advancing a robust pipeline with investigational candidates for ROS1-positive, ALK-positive, and HER2-positive non-small cell lung cancer, and multiple discovery-stage research programs. Its product candidate, NVL-520, is being developed for patients with ROS proto-oncogene 1 (ROS1)-positive non-small cell lung cancer (NSCLC). NVL-520 is a novel ROS1-selective inhibitor. Its product candidate, NVL-655, is being developed for patients with anaplastic lymphoma kinase (ALK)-positive NSCLC. LC. NVL-655 is a brain-penetrant ALK-selective inhibitor. Its product candidate, NVL-330, is a brain-penetrant human epidermal growth factor receptor 2 (HER2)-selective inhibitor.

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