Overview
* Eledon reports Q3 net loss of $17.46 mln, compared to net income last year
* Company strengthens balance sheet with $57.5 mln financing for transplantation programs
Result Drivers
* Research and development (R&D) expenses for the third quarter of 2025 were $15.0 million, including $1.1 million of non-cash stock-based compensation expense
* FINANCIAL STRENGTH - $57.5 mln financing to advance transplantation programs
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Net -$17.46
Income mln
Q3 Basic -$0.21
EPS
Q3 -$19.07
Income mln
from
Operatio
ns
Q3 $19.07
Operatin mln
g
Expenses
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the biotechnology & medical research peer group is "buy"
* Wall Street's median 12-month price target for Eledon Pharmaceuticals Inc ( ELDN ) is $9.00, about 80.4% above its November 13 closing price of $1.76
Press Release:
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)