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Best Biotech Stocks to Buy Now (2024)
Top biotech stocks in 2024 ranked by overall Zen Score. See the best biotech stocks to buy now, according to analyst forecasts for the biotechnology industry.

Industry: Biotechnology
Ticker
Company
Price
1d %
1w %
1m %
3m %
6m %
1y %
3y %
5y %
10y %
52-week High
52-week Low
% off 52-week High
% off 52-week Low
Beta
Volume
Vol 1d %
IMCR
IMMUNOCORE HOLDINGS PLC
$58.460.79%4.99%-5.19%-16.46%27.34%-1.88%47.44%N/AN/A$76.98$42.2124.06%38.50%0.76403,551-12.10%
IFRX
INFLARX NV
$1.33-4.32%-1.48%-13.64%-13.64%-21.76%-71.58%-65.18%-97.34%N/A$5.20$1.1474.42%16.67%0.69169,30115.91%
APRE
APREA THERAPEUTICS INC
$5.20-2.80%-2.80%-12.16%0.00%34.89%36.13%-94.61%N/AN/A$8.85$2.7841.22%87.05%0.684,833-46.77%
OCS
OCULIS HOLDING AG
$12.020.59%2.04%3.53%-9.28%25.60%13.40%20.08%N/AN/A$14.50$9.0517.10%32.82%0.1388,399249.20%
KRRO
KORRO BIO INC
$62.937.52%-5.71%-27.63%24.91%431.95%252.55%-87.93%N/AN/A$97.91$9.1535.73%587.76%0.9728,09122.18%
IMTX
IMMATICS NV
$10.012.35%-1.96%-11.96%-14.30%28.33%51.67%-21.86%1.11%N/A$13.16$6.9123.94%44.86%0.47297,084-56.64%
CVAC
CUREVAC NV
$2.330.87%-4.51%-20.75%-34.73%-56.93%-67.95%-98.07%N/AN/A$12.36$2.2281.15%5.19%1.25837,514-32.59%
QSI
QUANTUM-SI INC
$1.652.48%5.10%-6.78%0.00%30.95%7.84%-84.26%N/AN/A$3.90$1.1257.70%47.32%1.92356,806-16.11%
STTK
SHATTUCK LABS INC
$10.598.28%10.54%19.66%6.65%536.04%265.17%-67.81%N/AN/A$11.11$1.334.68%696.24%1.18381,451239.53%
CRBU
CARIBOU BIOSCIENCES INC
$3.71-1.33%-3.64%-26.68%-32.05%-2.88%-12.50%N/AN/AN/A$8.59$3.4456.81%7.85%1.831,043,978-36.05%
YMAB
Y-MABS THERAPEUTICS INC
$14.71-0.88%-2.78%-6.31%30.52%172.91%158.52%-48.19%-37.35%N/A$20.90$4.6029.62%219.78%1.37189,646-48.10%
HOTH
HOTH THERAPEUTICS INC
$1.16-0.85%-3.01%-22.15%-17.14%-7.20%-33.33%-97.01%-99.11%N/A$4.30$0.9973.02%17.17%0.4648,63423.01%
MTEM
MOLECULAR TEMPLATES INC
$1.716.56%15.99%-25.55%-54.41%-70.90%-71.27%-98.74%-98.32%-99.74%$9.45$1.4081.96%21.79%1.1468,71244.23%
BEAM
BEAM THERAPEUTICS INC
$21.38-1.02%-10.54%-35.64%-11.98%9.14%-30.02%-73.88%N/AN/A$49.50$16.9556.81%26.14%1.471,172,517-24.99%
CASI
CASI PHARMACEUTICALS INC
$2.425.22%7.56%-19.33%-65.43%-27.11%-14.79%-86.78%-92.97%-86.92%$8.48$1.8571.46%30.81%0.923,444-87.59%
LSTA
LISATA THERAPEUTICS INC
$2.65-0.45%-1.93%-16.55%-6.76%28.54%-16.86%-89.49%-94.25%-99.72%$4.53$1.9541.58%35.79%0.574,678-23.22%
GLMD
GALMED PHARMACEUTICALS LTD
$0.39-0.25%5.09%22.50%3.43%5.95%-91.43%-99.22%-99.69%-99.70%$7.80$0.2694.97%50.77%0.7527,150-21.18%
MESO
MESOBLAST LTD
$6.241.46%19.77%58.78%240.98%166.67%2.30%-61.58%-44.56%N/A$10.24$1.6139.06%287.58%1.42323,82535.12%
AUPH
AURINIA PHARMACEUTICALS INC
$4.910.82%-1.60%-0.41%-38.55%-33.02%-56.04%-62.58%-22.06%N/A$12.43$4.7160.50%4.25%0.95985,127-35.63%
MOLN
MOLECULAR PARTNERS AG
$3.880.00%16.87%-8.49%-16.74%2.05%-41.83%N/AN/AN/A$7.32$3.3246.99%16.87%0.40254-87.72%
LQDA
LIQUIDIA CORP
$12.531.29%-5.72%-21.29%2.96%98.57%85.36%335.07%42.87%N/A$16.99$5.7126.25%119.44%0.99527,417-55.95%
ABSI
ABSCI CORP
$4.582.81%-3.98%-12.09%23.45%298.26%215.86%N/AN/AN/A$6.72$1.1131.85%312.24%2.15640,064-18.12%
ATAI
ATAI LIFE SCIENCES NV
$1.934.89%4.32%11.56%12.21%69.30%3.21%N/AN/AN/A$2.85$1.0332.28%88.29%1.41875,0286.77%
ARVN
ARVINAS INC
$32.372.44%-6.77%-21.05%-12.11%126.21%19.31%-51.02%45.48%N/A$53.08$13.5739.02%138.54%1.25778,69722.38%
BLUE
BLUEBIRD BIO INC
$0.921.21%-9.51%-23.08%-12.92%-69.84%-74.92%-96.87%-99.35%-95.32%$5.53$0.8883.31%5.01%1.265,137,094-10.03%
INO
INOVIO PHARMACEUTICALS INC
$10.574.40%9.19%-14.62%71.87%129.04%9.08%-87.33%-77.53%-90.55%$14.75$3.8928.33%171.86%0.61193,32125.03%
IKNA
IKENA ONCOLOGY INC
$1.30-0.76%-2.26%-6.47%-2.99%-68.52%-73.79%-94.09%N/AN/A$7.64$1.0282.98%27.45%1.31122,140-11.65%
DNLI
DENALI THERAPEUTICS INC
$15.433.14%-3.56%-22.38%-8.54%-19.97%-36.68%-74.36%-37.56%N/A$33.31$14.5653.68%5.98%1.321,121,794-1.62%
SWTX
SPRINGWORKS THERAPEUTICS INC
$45.533.01%13.54%-7.46%7.41%100.13%95.83%-38.39%N/AN/A$53.92$18.0015.56%152.94%1.11898,022-10.18%
CELZ
CREATIVE MEDICAL TECHNOLOGY HOLDINGS INC
$4.32-1.82%-10.19%-15.13%0.47%-4.00%-31.39%-97.99%-99.94%N/A$10.28$3.9357.98%9.92%0.0311,155-48.06%
PGEN
PRECIGEN INC
$1.410.71%6.02%0.71%2.17%27.03%24.78%-82.85%-68.67%-92.42%$1.88$0.8425.00%68.86%1.60413,569-32.28%
KROS
KEROS THERAPEUTICS INC
$57.866.77%-0.72%-12.48%1.05%105.40%33.04%-9.38%N/AN/A$73.00$27.0220.74%114.14%1.32291,97011.63%
PLUR
PLURI INC
$5.369.33%2.04%-34.35%-16.61%52.62%-33.04%-85.12%-88.36%-98.14%$8.56$3.4537.42%55.32%0.856,88637.34%
CUE
CUE BIOPHARMA INC
$1.37-3.19%-12.50%-25.82%-48.30%-26.61%-65.88%-88.93%-84.85%N/A$5.12$1.3073.34%4.76%1.28263,68655.88%
NTLA
INTELLIA THERAPEUTICS INC
$20.763.70%-3.76%-20.94%-15.88%-16.96%-42.70%-75.52%21.83%N/A$47.48$19.3756.28%7.18%1.731,024,827-29.55%
ABCL
ABCELLERA BIOLOGICS INC
$3.763.58%-2.84%-12.35%-29.32%-9.18%-44.21%-88.10%N/AN/A$8.05$3.6253.29%3.87%1.241,365,032-25.31%
GTHX
G1 THERAPEUTICS INC
$3.993.37%-2.92%-6.99%-2.21%175.17%62.20%-82.48%-78.55%N/A$5.00$1.0820.20%269.44%1.52441,512-17.96%
IMNM
IMMUNOME INC
$13.73-3.72%-11.30%-45.92%-21.45%55.32%159.06%-50.45%N/AN/A$30.96$4.4455.65%209.23%1.36967,40631.43%
MIST
MILESTONE PHARMACEUTICALS INC
$1.54-2.53%-6.10%-14.92%0.00%-37.73%-58.49%-73.94%N/AN/A$4.49$1.3365.70%15.79%0.22469,65486.61%
GLYC
GLYCOMIMETICS INC
$1.64-4.09%-14.81%-42.46%-48.43%31.20%19.71%-37.64%-87.38%-87.46%$3.53$1.1153.54%47.75%1.23967,66177.18%
ALLO
ALLOGENE THERAPEUTICS INC
$2.891.23%-16.71%-31.35%-10.80%9.47%-46.78%-91.78%-90.32%N/A$6.89$2.2358.06%29.60%1.222,450,230-11.61%
QTTB
Q32 BIO INC
$28.02-0.78%24.59%68.29%123.66%51.13%62.61%-77.44%-93.03%N/A$30.92$8.249.38%239.88%1.1928,380-24.55%
ARQT
ARCUTIS BIOTHERAPEUTICS INC
$8.47-1.40%-6.92%-8.63%59.81%257.38%-39.06%-72.27%N/AN/A$15.21$1.7644.31%381.25%0.952,163,0826.69%
SPRC
SCISPARC LTD
$1.324.76%7.32%-29.03%-71.30%-65.45%-92.87%-99.43%-99.98%N/A$23.66$1.1594.42%14.78%0.36190,64347.86%
XOMA
XOMA CORP
$25.410.20%-0.27%9.76%25.85%44.46%32.34%-32.62%109.48%-66.74%$27.00$13.485.89%88.50%0.976,127-9.54%
LYEL
LYELL IMMUNOPHARMA INC
$2.17-1.36%-2.69%11.86%4.33%33.13%14.81%N/AN/AN/A$3.97$1.3245.34%64.39%1.61352,182-34.88%
CCCC
C4 THERAPEUTICS INC
$6.17-1.12%-8.18%-22.29%12.80%331.47%102.30%-80.90%N/AN/A$11.88$1.0648.06%482.08%1.951,047,429-26.13%
MRNS
MARINUS PHARMACEUTICALS INC
$1.41-1.06%1.81%-84.02%-85.98%-78.94%-83.03%-90.54%-92.80%N/A$11.26$1.1187.52%26.58%1.341,129,839-15.85%
PRTC
PURETECH HEALTH PLC
$28.503.71%8.99%-3.06%11.20%45.78%7.10%-49.82%N/AN/A$34.00$17.0816.18%66.86%0.485001,119.51%
TARS
TARSUS PHARMACEUTICALS INC
$32.04-0.53%-1.23%-5.32%24.19%143.47%121.88%1.88%N/AN/A$40.40$12.5720.69%154.89%1.01373,9010.55%
SRPT
SAREPTA THERAPEUTICS INC
$128.771.08%11.37%0.41%8.46%15.39%5.31%75.68%6.25%254.15%$159.89$55.2519.46%133.07%0.88958,911-36.97%
MGNX
MACROGENICS INC
$14.561.32%-6.73%2.39%10.14%187.75%113.49%-58.34%-13.74%-30.23%$21.88$4.2933.46%239.39%1.20649,475-46.01%
COCP
COCRYSTAL PHARMA INC
$1.562.98%1.63%4.43%-1.58%-7.99%-36.53%-89.72%-95.04%N/A$3.29$1.3352.66%17.36%0.1429,4901,635.73%
CVKD
CADRENAL THERAPEUTICS INC
$0.431.42%6.97%-33.74%-71.14%-13.31%-70.34%N/AN/AN/A$3.14$0.3686.31%19.44%0.4781,23248.30%
KYMR
KYMERA THERAPEUTICS INC
$33.370.06%-1.77%-15.50%7.58%189.92%3.34%-19.32%N/AN/A$45.31$9.6026.35%247.60%1.58452,363-42.46%
LXRX
LEXICON PHARMACEUTICALS INC
$1.582.60%-4.24%-20.20%-13.19%37.39%-34.44%-70.30%-73.49%-84.85%$3.79$0.9258.30%71.74%1.111,265,768-24.79%
ALEC
ALECTOR INC
$5.259.15%3.14%-11.91%-13.08%-0.57%-19.23%-73.04%-75.42%N/A$9.07$3.6642.08%43.44%1.42457,390-9.49%
ALPN
ALPINE IMMUNE SCIENCES INC
$64.56-0.09%0.02%72.39%157.01%655.97%795.42%414.01%895.53%N/A$64.70$6.710.22%862.15%0.441,328,644-24.88%
PALI
PALISADE BIO INC
$6.05-2.89%28.45%8.19%-22.44%-30.65%-74.95%-99.92%-99.99%-100.00%$36.60$3.8283.47%58.38%0.96260,705271.69%
PPBT
PURPLE BIOTECH LTD
$0.49-5.04%7.69%-21.22%-25.98%-65.97%-75.25%-89.23%-95.33%N/A$2.08$0.3076.44%62.25%0.83175,602-89.41%
LUMO
LUMOS PHARMA INC
$2.770.36%6.95%-3.82%-3.65%-23.69%-11.92%-79.00%-82.00%-98.52%$4.55$2.4139.12%14.94%0.74688-56.15%
OVID
OVID THERAPEUTICS INC
$3.103.68%-4.02%3.33%-16.67%-9.62%-6.63%-20.31%60.62%N/A$4.14$2.5725.10%20.62%0.8480,519-28.18%
SLRN
ACELYRIN INC
$4.240.00%-15.37%-36.24%-40.70%-55.56%N/AN/AN/AN/A$29.88$4.1885.81%1.44%0.75654,129-9.54%
SXTP
60 DEGREES PHARMACEUTICALS INC
$0.241.71%-1.24%-5.93%-52.40%-63.99%N/AN/AN/AN/A$8.65$0.2297.25%7.21%-0.5194,37619.29%
INVA
INNOVIVA INC
$15.261.80%2.07%1.87%-7.23%21.50%28.56%29.32%10.74%-28.48%$16.87$11.379.52%34.21%0.80289,699-42.67%
GBIO
GENERATION BIO CO
$2.90-3.65%3.57%-8.52%62.92%202.71%-36.82%-92.27%N/AN/A$6.98$0.8658.45%237.21%1.7791,975-41.34%
NGNE
NEUROGENE INC
$29.960.30%-1.74%-39.41%-5.49%120.29%76.36%-88.56%-43.90%-82.25%$53.00$12.2043.47%145.57%0.8747,839-32.72%
QURE
UNIQURE NV
$4.53-0.22%-3.00%-14.85%-22.30%-22.16%-76.58%-87.04%-92.10%-56.65%$22.48$4.3579.85%4.14%1.09354,339-29.96%
LYRA
LYRA THERAPEUTICS INC
$4.72-8.70%-9.06%-23.00%-2.28%42.60%100.00%-56.30%N/AN/A$6.79$2.3630.49%100.00%0.49157,10949.20%
VIR
VIR BIOTECHNOLOGY INC
$8.237.86%3.52%-17.45%-13.82%1.48%-66.34%-83.86%N/AN/A$27.48$7.6170.05%8.15%0.501,105,95822.74%
RLAY
RELAY THERAPEUTICS INC
$6.373.49%6.88%-15.85%-34.47%0.63%-44.07%-81.75%N/AN/A$13.32$5.7052.18%11.75%1.60769,750-44.48%
FDMT
4D MOLECULAR THERAPEUTICS INC
$23.25-1.19%-7.92%-31.72%32.86%119.34%13.03%-36.85%N/AN/A$36.25$9.4435.86%146.29%1.31322,774-28.79%
ABIO
ARCA BIOPHARMA INC
$3.582.87%5.29%109.36%112.46%82.65%79.00%-0.28%-33.70%-98.20%$3.88$1.567.73%129.49%0.4085,28157.95%
TERN
TERNS PHARMACEUTICALS INC
$4.915.82%7.68%-20.29%-8.22%-6.65%-61.31%-76.75%N/AN/A$13.51$3.2663.66%50.61%0.80495,921-17.01%
AVXL
ANAVEX LIFE SCIENCES CORP
$3.441.47%-8.99%-28.93%-45.66%-38.79%-58.25%-72.15%9.55%207.14%$10.45$3.2567.08%5.85%1.40949,959-24.85%
ELVN
ENLIVEN THERAPEUTICS INC
$17.182.38%-0.58%-2.44%7.51%43.53%-11.90%-45.15%N/AN/A$26.00$9.8033.92%75.31%0.61148,934-75.29%
IOBT
IO BIOTECH INC
$1.42-2.07%-4.05%-15.73%-20.67%57.78%-24.06%N/AN/AN/A$2.64$0.8246.21%74.02%0.9873,37856.24%
BPMC
BLUEPRINT MEDICINES CORP
$93.002.50%7.08%3.71%14.03%68.42%89.72%-7.92%21.00%N/A$101.00$43.897.92%111.89%1.16725,952-3.87%
SNSE
SENSEI BIOTHERAPEUTICS INC
$1.022.00%5.15%-1.92%27.50%74.36%-28.67%-92.24%N/AN/A$1.72$0.5140.70%100.00%1.036,161-86.27%
TBPH
THERAVANCE BIOPHARMA INC
$9.12-0.22%-2.36%3.40%-7.97%-1.30%-17.76%-56.13%-61.81%N/A$11.98$8.2123.87%11.08%0.73263,498-31.96%
LRMR
LARIMAR THERAPEUTICS INC
$6.441.74%-1.38%-10.56%31.70%122.07%42.48%-57.12%-79.12%N/A$13.68$2.1852.92%195.41%0.65144,013-52.33%
DTIL
PRECISION BIOSCIENCES INC
$9.38-3.50%-3.70%-26.43%-13.53%7.63%-61.46%-96.84%-97.53%N/A$27.02$8.2565.28%13.70%1.5228,45029.78%
ATOS
ATOSSA THERAPEUTICS INC
$1.530.66%11.68%-15.00%86.59%127.68%152.89%-21.94%-48.48%-99.31%$2.31$0.6033.77%155.00%1.14896,4865.11%
ETNB
89BIO INC
$8.260.12%-9.03%-26.25%-18.78%20.23%-46.74%-68.07%N/AN/A$22.93$6.5863.98%25.63%0.92652,816-35.48%
AKRO
AKERO THERAPEUTICS INC
$19.744.28%-4.91%-19.07%-10.76%68.57%-55.73%-34.66%N/AN/A$58.38$11.2566.19%75.47%0.86753,032-9.09%
DNTH
DIANTHUS THERAPEUTICS INC
$21.502.43%-7.53%-31.79%20.25%85.34%71.44%-88.14%-92.31%N/A$33.77$6.5836.33%226.75%1.1276,068-40.76%
EVGN
EVOGENE LTD
$0.63-5.16%2.12%-14.38%-10.71%20.42%9.65%-86.05%-71.59%-96.43%$1.44$0.4556.60%38.89%0.9979,880182.78%
HOWL
WEREWOLF THERAPEUTICS INC
$6.758.70%14.41%11.75%55.17%192.21%192.21%-58.07%N/AN/A$8.19$1.5717.62%329.12%1.1782,0004.18%
DNA
GINKGO BIOWORKS HOLDINGS INC
$0.8610.54%-0.58%-19.63%-33.33%-41.10%-27.73%-91.62%N/AN/A$2.55$0.7466.21%16.22%2.4671,157,864-0.41%
PMCB
PHARMACYTE BIOTECH INC
$2.11-0.47%-0.47%-13.52%-3.65%2.93%-29.19%-92.56%-96.68%-99.57%$3.23$1.9234.67%9.90%0.225,644-60.98%
TVTX
TRAVERE THERAPEUTICS INC
$5.26-2.41%-8.04%-30.52%-38.84%-23.77%-74.50%-78.80%-72.98%-59.57%$22.75$5.1276.88%2.73%1.001,220,034-17.82%
CABA
CABALETTA BIO INC
$11.01-9.61%-17.47%-35.08%-50.58%-13.98%32.97%-0.45%N/AN/A$26.35$9.0258.22%22.06%1.082,916,50350.06%
CYCN
CYCLERION THERAPEUTICS INC
$2.93-3.62%-16.29%-4.87%0.00%-2.33%-48.52%-95.30%-99.05%N/A$6.75$1.7556.59%67.43%1.26276-37.56%
ACAD
ACADIA PHARMACEUTICALS INC
$16.712.45%-0.65%-6.07%-37.97%-25.73%-17.73%-21.73%-33.61%-12.74%$33.99$16.1650.84%3.40%0.861,167,609-28.76%
LABP
LANDOS BIOPHARMA INC
$22.31-0.80%2.25%3.48%383.95%502.97%643.67%-81.14%N/AN/A$22.84$2.502.32%792.40%1.0214,876278.72%
TRVI
TREVI THERAPEUTICS INC
$2.789.45%-1.94%-17.99%78.21%57.95%-17.75%16.32%N/AN/A$4.00$0.9730.50%186.60%0.2755,789-68.87%
TTNP
TITAN PHARMACEUTICALS INC
$7.091.72%-3.13%-1.98%33.02%-18.64%-55.35%-86.10%-99.34%-99.94%$16.60$5.0057.29%41.80%0.6410,6483,757.97%
DMAC
DIAMEDICA THERAPEUTICS INC
$2.571.58%7.53%-5.51%-3.75%22.67%62.66%-73.72%-22.59%N/A$4.75$1.5745.89%63.69%0.767,76413.31%
CLDX
CELLDEX THERAPEUTICS INC
$36.300.11%-4.42%-11.55%-0.74%55.79%12.28%22.68%870.59%-82.50%$53.18$22.1131.74%64.18%0.85324,928-68.20%
RIGL
RIGEL PHARMACEUTICALS INC
$1.100.00%1.85%-22.54%-14.73%48.05%-3.93%-71.79%-52.99%-64.97%$1.96$0.7143.88%54.49%1.25361,495-87.79%

Biotech Stocks FAQ

What are the best biotech stocks to buy right now in Apr 2024?

According to Zen Score, the 3 best biotechnology stocks to buy right now are:

1. Incyte (NASDAQ:INCY)


Incyte (NASDAQ:INCY) is the top biotech stock with a Zen Score of 75, which is 52 points higher than the biotech industry average of 23. It passed 24 out of 33 due diligence checks and has strong fundamentals. Incyte has seen its stock lose -29.72% over the past year, underperforming other biotech stocks by -8 percentage points.

Incyte has an average 1 year price target of $74.69, an upside of 44.53% from Incyte's current stock price of $51.68.

Incyte stock has a consensus Buy recommendation according to Wall Street analysts. Of the 13 analysts covering Incyte, 23.08% have issued a Strong Buy rating, 23.08% have issued a Buy, 53.85% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Harmony Biosciences Holdings (NASDAQ:HRMY)


Harmony Biosciences Holdings (NASDAQ:HRMY) is the second best biotech stock with a Zen Score of 70, which is 47 points higher than the biotech industry average of 23. It passed 23 out of 33 due diligence checks and has strong fundamentals. Harmony Biosciences Holdings has seen its stock lose -7.45% over the past year, overperforming other biotech stocks by 15 percentage points.

Harmony Biosciences Holdings has an average 1 year price target of $37.33, an upside of 27.33% from Harmony Biosciences Holdings's current stock price of $29.32.

Harmony Biosciences Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Harmony Biosciences Holdings, 33.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 16.67% have issued a Sell rating, and 16.67% have issued a Strong Sell.

3. Voyager Therapeutics (NASDAQ:VYGR)


Voyager Therapeutics (NASDAQ:VYGR) is the third best biotech stock with a Zen Score of 66, which is 43 points higher than the biotech industry average of 23. It passed 21 out of 33 due diligence checks and has strong fundamentals. Voyager Therapeutics has seen its stock return 2.42% over the past year, overperforming other biotech stocks by 25 percentage points.

Voyager Therapeutics has an average 1 year price target of $20.50, an upside of 169.03% from Voyager Therapeutics's current stock price of $7.62.

Voyager Therapeutics stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Voyager Therapeutics, 75% have issued a Strong Buy rating, 25% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the biotech stocks with highest dividends?

Out of 4 biotech stocks that have issued dividends in the past year, the 3 biotech stocks with the highest dividend yields are:

1. Carisma Therapeutics (NASDAQ:CARM)


Carisma Therapeutics (NASDAQ:CARM) has an annual dividend yield of N/A, which is N/A percentage points lower than the biotech industry average of 15.1%.

Carisma Therapeutics's dividend payout ratio of 0% indicates that its dividend yield might not be sustainable for the long-term.

2. Mei Pharma (NASDAQ:MEIP)


Mei Pharma (NASDAQ:MEIP) has an annual dividend yield of 57.38%, which is 42 percentage points higher than the biotech industry average of 15.1%.

Mei Pharma's dividend payout ratio of 58.9% indicates that its high dividend yield is sustainable for the long-term.

3. Novo Nordisk A S (NYSE:NVO)


Novo Nordisk A S (NYSE:NVO) has an annual dividend yield of 1.08%, which is -14 percentage points lower than the biotech industry average of 15.1%. Novo Nordisk A S's dividend payout is not stable, having dropped more than 10% eight times in the last 10 years. Novo Nordisk A S's dividend has shown consistent growth over the last 10 years.

Novo Nordisk A S's dividend payout ratio of 38.1% indicates that its dividend yield is sustainable for the long-term.

Why are biotech stocks up?

Biotech stocks were up 1.2% in the last day, and up 1.13% over the last week. Biodexa Pharmaceuticals was the among the top gainers in the biotechnology industry, gaining 79.31% yesterday.

Biodexa shares are trading higher after the company entered an exclusive license agreement with Rapamycin Holdings for the rights to eRapa.

What are the most undervalued biotech stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued biotech stocks right now are:

1. Voyager Therapeutics (NASDAQ:VYGR)


Voyager Therapeutics (NASDAQ:VYGR) is the most undervalued biotech stock based on WallStreetZen's Valuation Score. Voyager Therapeutics has a valuation score of 100, which is 86 points higher than the biotech industry average of 14. It passed 7 out of 7 valuation due diligence checks.

Voyager Therapeutics's stock has gained 2.42% in the past year. It has overperformed other stocks in the biotech industry by 25 percentage points.

2. Royalty Pharma (NASDAQ:RPRX)


Royalty Pharma (NASDAQ:RPRX) is the second most undervalued biotech stock based on WallStreetZen's Valuation Score. Royalty Pharma has a valuation score of 100, which is 86 points higher than the biotech industry average of 14. It passed 7 out of 7 valuation due diligence checks.

Royalty Pharma's stock has dropped -20.21% in the past year. It has overperformed other stocks in the biotech industry by 2 percentage points.

3. Incyte (NASDAQ:INCY)


Incyte (NASDAQ:INCY) is the third most undervalued biotech stock based on WallStreetZen's Valuation Score. Incyte has a valuation score of 86, which is 72 points higher than the biotech industry average of 14. It passed 6 out of 7 valuation due diligence checks.

Incyte's stock has dropped -29.72% in the past year. It has underperformed other stocks in the biotech industry by -8 percentage points.

Are biotech stocks a good buy now?

49.23% of biotech stocks rated by analysts are a strong buy right now. On average, analysts expect biotech stocks to rise by 91.76% over the next year.

What is the average p/e ratio of the biotechnology industry?

The average P/E ratio of the biotechnology industry is 14.88x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.