Overview
* Dyne Therapeutics ( DYN ) Q2 net loss widens
* Co extends cash runway into Q3 2027, supporting multiple clinical milestones
* Dyne strengthens financial position with public offering and loan facility
Outlook
* Dyne expects cash runway to extend into Q3 2027
* Company plans U.S. Accelerated Approval submissions in 2026
* Dyne anticipates DYNE-251 commercial launch in early 2027
* Company pursuing approval pathways outside U.S. for DYNE-101 and DYNE-251
Result Drivers
* R&D INVESTMENT - Increased R&D expenses were $99.2 million
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 EPS Miss -$0.97 -$0.95
(15
Analysts
)
Q2 Net Beat -$110.86 -$112.60
Income mln mln (13
Analysts
)
Q2 Beat -$115.79 -$136.50
Operatin mln mln (13
g Income Analysts
)
Q2 Basic -$0.97
EPS
Q2 $115.79
Operatin mln
g
Expenses
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 2 "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 Dyne Therapeutics Inc ( DYN ) is $44.50, about 77.6% above its July 25 closing price of $9.95
Press Release:
(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.)