Acadia Pharmaceuticals Reports First Quarter 2024 Financial Results and Operating Overview

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Acadia Pharmaceuticals (ACAD) PT Lowered to $22 at BofA Securities

May 10, 2024 5:24 AM EDT

BofA Securities analyst Tazeen Ahmad lowered the price target on Acadia Pharmaceuticals (NASDAQ: ACAD) to $22.00 (from $26.00) while maintaining a Neutral rating.

The analyst comments "ACAD reported 1Q24 Daybue revenues of $75.9mn slightly missing their 1Q guidance of $76-82mn. Mgmt attributed the 1Q... More

Acadia Pharma (ACAD) Tops Q1 EPS by 5c, Misses on Revenue; Offers FY24 Guidance

May 8, 2024 4:09 PM EDT

Acadia Pharma (NASDAQ: ACAD) reported Q1 EPS of $0.10, $0.05 better than the analyst estimate of $0.05. Revenue for the quarter came in at $205.8 million versus the consensus estimate of $208.37 million.

Acadia is reiterating all of its 2024 guidance provided on February 27, 2024:

DAYBUE net product sales... More