Acadia Pharmaceuticals Reports Second Quarter 2021 Financial Results

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Acadia Pharmaceuticals (ACAD) PT Lowered to $26 at Needham & Company

August 5, 2021 6:30 AM EDT

Needham & Company analyst Joseph Stringer lowered the price target on Acadia Pharmaceuticals (NASDAQ: ACAD) to $26.00 (from $30.00) while maintaining a Buy rating.

The analyst commented, "ACAD reported $115.2M in 2Q21 Nuplazid sales, below our $130.0M and consensus $126.3M ests. Sales +vely impacted by volume... More

Acadia Pharma (ACAD) Q2 Revs of $115.2M; Tops EPS by 4c

August 4, 2021 4:19 PM EDT

Acadia Pharma (NASDAQ: ACAD) reported Q2 EPS of ($0.27), $0.04 better than the analyst estimate of ($0.31). Revenue for the quarter came in at $115.2 million versus the consensus estimate of $126.15 million.

GUIDANCE:

Acadia Pharma sees Q3 2021 revenue of $480-515 million, versus the consensus of... More