Overview
* Structure Therapeutics ( GPCR ) reports Q3 net loss of $65.7 mln, compared to $34 mln in 2024
* Company maintains strong cash position of $799 mln, funding operations through 2027
* Phase 1 study for oral amylin receptor agonist ACCG-2671 to start by year-end 2025
Outlook
* Structure Therapeutics ( GPCR ) expects topline data from ACCESS studies by year-end 2025
* Company plans to initiate Phase 1 study of ACCG-2671 by year-end 2025
* Company expects cash reserves to fund operations through at least 2027
Result Drivers
* R&D EXPENSES - Increased R&D expenses driven by clinical trial costs and preclinical research for GLP-1R franchise
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Net -$65.71
Income mln
Q3 -$73.79
Income mln
From
Operatio
ns
Q3 $73.79
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", 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 Structure Therapeutics Inc ( GPCR ) is $65.00, about 50.4% above its November 5 closing price of $32.21
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.)