WVE

Wave Life Sciences, Inc. Health Care Pharmaceutical Preparations Russell 3000
$3.59Close $3.09 – $21.3152-week range Late-januaryNext report · estimated

Highlights

Cautions

  • Not in an uptrend 0 of 8 trend conditions
  • Lagging the market RS 2 · weaker than 98% of stocks over 12 months
  • Far from its high 83% below its 52-week high
  • Distribution down-day volume 1.9× up-day volume over 50 sessions

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Oct 27, 2026
Off 12-month high 83%
1wk up 12.9% price change
1mo down 3.0% price change
12-month return down 57% market up 11% · its own down 67%
F-score — — Not assessed
Altman Z — Unknown
P/E — price / earnings
PEG — P/E / EPS growth
P/B — price / book
Earnings yield — EBIT / enterprise value
Cheaper than — of the market · not assessed
Revenue growth down 61% year on year
EPS growth — latest quarter
Sales growth up 73% latest quarter · +147 pts
ROE down 56% return on equity
Free cash margin down 440% -$188.2M FCF
D/E — long-term debt / equity
Net debt / EBITDA —
Interest cover —EBIT / interest

Trade setup

ATR% 6.2% $0.22 a day · 2×ATR $3.14
RS 2 / 99 vs the universe
Trend 0 / 8 trend template
Relative volume 1.0× vs 50-day average
Up/down volume 0.54 50 sessions
Implied move — no scheduled report
Trend template · 0 of 8

Screen verdict

Did not qualify for any screen.

Warning signs

1 flagged
  • Revenue shrinking Revenue fell 60.5% over the year, from $108.3M to $42.7M.
Last reported Oct 27, 2026
Last shock Aug 11, 2026-17% in one session2.3× volumeno filing matched-29% since

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $42.7M -61% on FY2024
$0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $20.1M FY2021 · $41.0M FY2022 · $3.6M FY2023 · $113.3M FY2024 · $108.3M FY2025 · $42.7M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology -$204.4M
-$250M $0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$149.9M FY2021 · -$122.2M FY2022 · -$161.8M FY2023 · -$57.5M FY2024 · -$97.0M FY2025 · -$204.4M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology -$188.2M
-$200M $0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$117.3M FY2021 · -$89.6M FY2022 · -$129.1M FY2023 · -$20.5M FY2024 · -$152.0M FY2025 · -$188.2M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Net -478%
  • Free cash -440%
-5000% 0% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Net -747% · Free cash -584% FY2021 · Net -298% · Free cash -219% FY2022 · Net -4434% · Free cash -3539% FY2023 · Net -51% · Free cash -18% FY2024 · Net -90% · Free cash -140% FY2025 · Net -478% · Free cash -440%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology
  • Cash
  • Long-term debt
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $184.5M FY2021 · Cash $150.6M FY2022 · Cash $88.5M FY2023 · Cash $200.4M FY2024 · Cash $302.1M FY2025 · Cash $602.1M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 0 -100.0% since FY2020
153.04m 0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 48.78m FY2021 · 59.84m FY2022 · 86.92m FY2023 · 119.16m FY2024 · 153.04m FY2025 · 0
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $20.1M $41.0M $3.6M $113.3M $108.3M $42.7M
Operating income -$153.4M -$127.0M -$162.7M -$68.0M -$110.4M -$215.4M
Net income -$149.9M -$122.2M -$161.8M -$57.5M -$97.0M -$204.4M
Net margin -747% -298% -4434% -51% -90% -478%
Earnings per share — -$2.36 -$2.05 -$0.54 -$0.70 -$1.21
Free cash flow -$117.3M -$89.6M -$129.1M -$20.5M -$152.0M -$188.2M
Free cash margin -584% -219% -3539% -18% -140% -440%
Cash $184.5M $150.6M $88.5M $200.4M $302.1M $602.1M
Shareholders' equity $82.8M $32.5M -$45.1M $39.6M $209.5M $518.4M
Shares outstanding 48.78m 59.84m 86.92m 119.16m 153.04m 0

Filings

SEC EDGAR
FiledReportPeriod to Lag
Oct 27, 2026 Quarterly ↗ Sep 30, 2026 27d
Jul 30, 2026 Quarterly ↗ Jun 30, 2026 30d
Apr 28, 2026 Quarterly ↗ Mar 31, 2026 28d
Feb 26, 2026 Annual ↗ Dec 31, 2025 57d
Nov 10, 2025 Quarterly ↗ Sep 30, 2025 41d
Jul 30, 2025 Quarterly ↗ Jun 30, 2025 30d
May 8, 2025 Quarterly ↗ Mar 31, 2025 38d
Mar 4, 2025 Annual ↗ Dec 31, 2024 63d
Nov 12, 2024 Quarterly ↗ Sep 30, 2024 43d
Aug 8, 2024 Quarterly ↗ Jun 30, 2024 39d
May 10, 2024 Quarterly ↗ Mar 31, 2024 40d
Mar 6, 2024 Annual ↗ Dec 31, 2023 66d

Current reports