Cassava Sciences (Nasdaq:SAVA) - Stock Price, News & Analysis - Simply Wall St (2024)

SAVA Stock Overview

A clinical stage biotechnology company, develops drugs for neurodegenerative diseases.

SAVA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Rewards

Revenue is forecast to grow 25.99% per year

Risk Analysis

Earnings are forecast to decline by an average of 30.3% per year for the next 3 years

Makes less than USD$1m in revenue ($0)

Highly volatile share price over the past 3 months compared to the US market

Currently unprofitable and not forecast to become profitable over the next 3 years

+ 1 more risk

Cassava Sciences, Inc. Competitors

Enliven TherapeuticsNasdaqGS:ELVNUS$1.3b
Tarsus PharmaceuticalsNasdaqGS:TARSUS$1.3b
Avadel PharmaceuticalsNasdaqGM:AVDLUS$1.2b
Collegium PharmaceuticalNasdaqGS:COLLUS$1.3b

Price History & Performance

Summary of all time highs, changes and price drops for Cassava Sciences
Historical stock prices
Current Share PriceUS$26.05
52 Week HighUS$42.20
52 Week LowUS$8.79
Beta-0.63
11 Month Change-3.20%
3 Month Change133.42%
1 Year Change34.63%
33 Year Change-49.79%
5 Year Change1,951.18%
Change since IPO-82.99%

Recent News & Updates

Cassava Sciences: Turning The Corner Into A Brick Wall Jul 24

Recent updates

Cassava Sciences: Turning The Corner Into A Brick Wall Jul 24Cassava Sciences (NASDAQ:SAVA) Is In A Good Position To Deliver On Growth PlansOct 17We're Hopeful That Cassava Sciences (NASDAQ:SAVA) Will Use Its Cash WiselyJul 04We're Not Very Worried About Cassava Sciences' (NASDAQ:SAVA) Cash Burn RateMar 05Cassava Sciences (NASDAQ:SAVA) Is In A Good Position To Deliver On Growth PlansNov 19Cassava Sciences begins extension study of Alzheimer's drug simufilam Oct 13Cassava Sciences Stock: Huge Returns Or Catastrophic Losses Sep 29Cassava Sciences: Trying To Manage Expectations Sep 21Cassava Sciences reaches over five-month high on rising volumes Sep 09Cassava Sciences Looks As Good Of A Purchase As Ever Sep 03Cassava Sciences stock jumps 10% after director buys $860K shares Aug 26Cassava Sciences rally continues as stock up 39% Aug 17Cassava's Simufilam And Acetylcholinesterase Inhibitors: Similar Results Aug 11Cassava Sciences GAAP EPS of -$0.48 misses by $0.06 Aug 03We're Hopeful That Cassava Sciences (NASDAQ:SAVA) Will Use Its Cash WiselyAug 03Cassava Sciences sheds 44% on report of criminal probe linked to Alzheimer’s drug Jul 27Cassava Sciences And Alzheimer's Disease: A Precipitious Path Jun 10Cassava Sciences: 3 Upcoming Catalysts That Could Decide Bull / Bear Debate May 31Cassava Sciences (NASDAQ:SAVA) has More Than Enough Funding to Function Until the Approval Process is Finished, but Investors may Need to be Ready for a Long WaitApr 193 Key Points To Remember About Cassava Sciences Apr 07Retractions Of A Key Collaborator's Papers Set Up A Big April For Cassava Sciences Mar 31Cassava Sciences: Why The Stock Is Rangebound Feb 28The FDA Deals Another Blow To Cassava Sciences' Bears Feb 11Cassava Sciences, Inc.: Recent Trading Activity Presents An Opportunity Feb 02INmune Bio, The Biotech In My Stable For After Cassava Sciences Jan 17Cassava Sciences, Inc. - The Short Squeeze Has Started Jan 06Cassava Sciences, Inc. - A Rational Expectation If All Goes Well With Simufilam Dec 30Companies Like Cassava Sciences (NASDAQ:SAVA) Are In A Position To Invest In GrowthDec 28Cassava Sciences Stock: Here We Go Again Dec 21Cassava Sciences Teaches Us 4 Lessons To Find The Next Big Thing Dec 02Cassava Sciences Gets Underway Putting Simufilam To The Test Nov 24Cassava Sciences: Data Rules! Nov 17Cassava Sciences' Hypothesis Raises Doubts Nov 08

Shareholder Returns

SAVAUS PharmaceuticalsUS Market
7D-5.0%-0.5%-0.7%
1Y34.6%18.5%30.3%

Return vs Industry: SAVA exceeded the US Pharmaceuticals industry which returned 18.5% over the past year.

Return vs Market: SAVA exceeded the US Market which returned 30.3% over the past year.

Price Volatility

Is SAVA's price volatile compared to industry and market?
SAVA volatility
SAVA Average Weekly Movement22.6%
Pharmaceuticals Industry Average Movement9.6%
Market Average Movement6.4%
10% most volatile stocks in US Market15.1%
10% least volatile stocks in US Market3.1%

Stable Share Price: SAVA's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: SAVA's weekly volatility has increased from 16% to 22% over the past year.

About the Company

FoundedEmployeesCEOWebsite
199829Rick Barrywww.cassavasciences.com

Cassava Sciences, Inc., a clinical stage biotechnology company, develops drugs for neurodegenerative diseases. Its lead therapeutic product candidate is simufilam, a small molecule drug, which is completed Phase 2 clinical trial; and investigational diagnostic product candidate is SavaDx, a blood-based biomarker/diagnostic to detect Alzheimer's disease. The company was formerly known as Pain Therapeutics, Inc. and changed its name to Cassava Sciences, Inc. in March 2019.

Cassava Sciences, Inc. Fundamentals Summary

How do Cassava Sciences's earnings and revenue compare to its market cap?
SAVA fundamental statistics
Market capUS$1.22b
Earnings (TTM)-US$15.37m
Revenue (TTM)n/a

0.0x

P/S Ratio

-81.3x

P/E Ratio

Is SAVA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SAVA income statement (TTM)
RevenueUS$0
Cost of RevenueUS$90.59m
Gross Profit-US$90.59m
Other Expenses-US$75.21m
Earnings-US$15.37m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.32
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did SAVA perform over the long term?

See historical performance and comparison
Cassava Sciences (Nasdaq:SAVA) - Stock Price, News & Analysis - Simply Wall St (2024)

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