Acadia Pharmaceuticals Reports Fourth Quarter and Full Year 2023 Financial Results and Operating Overview

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Acadia Pharmaceuticals (ACAD) PT Lowered to $39 at Mizuho, 'Daybue Seasonality Trend May Raise Concerns'

February 28, 2024 6:15 AM EST

Mizuho Securities analyst Uy Ear lowered the price target on Acadia Pharmaceuticals (NASDAQ: ACAD) to $39.00 (from $40.00) while maintaining a Buy rating.

The analyst comments "With investor focus on the Daybue launch, ACAD will likely trade down today. We would buy on weakness. Investors... More

Acadia Pharma (ACAD) Misses Q4 EPS by 1c

February 27, 2024 4:24 PM EST

Acadia Pharma (NASDAQ: ACAD) reported Q4 EPS of $0.28, $0.01 worse than the analyst estimate of $0.29. Revenue for the quarter came in at $231 million versus the consensus estimate of $223.77 million.

Full Year 2024 Financial Guidance

DAYBUE net product sales in the range of $370 to $420... More