Apogee Therapeutics Inc. (NASDAQ:APGE) Given Consensus Rating of “Moderate Buy” by Brokerages

Apogee Therapeutics Inc. (NASDAQ:APGEGet Free Report) has earned an average recommendation of “Moderate Buy” from the seventeen analysts that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, nine have assigned a buy rating and three have assigned a strong buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $110.4286.

APGE has been the subject of several analyst reports. Guggenheim raised their target price on Apogee Therapeutics from $130.00 to $160.00 and gave the stock a “buy” rating in a research report on Tuesday. Stephens began coverage on Apogee Therapeutics in a research report on Tuesday, December 16th. They issued an “overweight” rating and a $95.00 price target on the stock. Wolfe Research assumed coverage on Apogee Therapeutics in a research note on Wednesday, January 7th. They set a “peer perform” rating for the company. Stifel Nicolaus set a $133.00 price objective on Apogee Therapeutics in a report on Tuesday, January 6th. Finally, Wall Street Zen downgraded shares of Apogee Therapeutics from a “hold” rating to a “sell” rating in a research note on Saturday, December 6th.

View Our Latest Stock Analysis on APGE

Trending Headlines about Apogee Therapeutics

Here are the key news stories impacting Apogee Therapeutics this week:

  • Positive Sentiment: Positive 52‑week Phase 2 Part A data for zumilokibart (APG777) showed durable maintenance and deepening of responses with every‑3‑month and every‑6‑month dosing (e.g., 75% and 85% maintained EASI‑75), supporting the drug’s infrequent‑dosing value proposition. GlobeNewswire: 52‑Week Data
  • Positive Sentiment: Analysts reacted quickly with multiple buy ratings and big price‑target increases (Guggenheim, Canaccord, Citi, BTIG), lifting sentiment that the program could support late‑stage development or M&A interest. Benzinga: Analyst Upgrades
  • Positive Sentiment: Investor write‑ups and media coverage highlighted the favorable maintenance results and potential next catalysts (Part B induction data in Q2 and possible phase‑3 start in H2 2026), sustaining bullish narrative. Seeking Alpha: Strong Buy / Catalyst Summary
  • Neutral Sentiment: Company held a conference call/webcast to review the Part A 52‑week data, providing more transparency on durability and safety that investors can digest for modeling. GlobeNewswire: Conference Call
  • Neutral Sentiment: Short‑interest notices in the feed show zero reported short shares (likely a data artifact); they do not provide meaningful evidence of positioning pressure.
  • Negative Sentiment: Apogee announced a proposed $300 million underwritten public offering (with up to $45M option), which raises dilution risk and often triggers selling pressure after a rally — the most likely proximate cause of the intraday pullback. GlobeNewswire: Offering Announcement

Insider Activity at Apogee Therapeutics

In other Apogee Therapeutics news, Director Fairmount Funds Management Llc sold 1,750,000 shares of the business’s stock in a transaction dated Thursday, January 22nd. The shares were sold at an average price of $76.30, for a total value of $133,525,000.00. Following the transaction, the director directly owned 298,647 shares in the company, valued at $22,786,766.10. The trade was a 85.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Carl Dambkowski sold 18,700 shares of the company’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $77.84, for a total transaction of $1,455,608.00. Following the sale, the insider directly owned 212,523 shares in the company, valued at $16,542,790.32. This represents a 8.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,839,700 shares of company stock valued at $140,118,083 in the last ninety days. Insiders own 42.77% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Rockefeller Capital Management L.P. bought a new stake in Apogee Therapeutics during the 4th quarter worth approximately $25,000. ANTIPODES PARTNERS Ltd raised its position in Apogee Therapeutics by 41.2% in the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 843 shares of the company’s stock valued at $33,000 after purchasing an additional 246 shares during the last quarter. Los Angeles Capital Management LLC bought a new position in Apogee Therapeutics in the 4th quarter valued at $37,000. Quantbot Technologies LP acquired a new position in Apogee Therapeutics in the third quarter worth $96,000. Finally, Seven Fleet Capital Management LP bought a new stake in shares of Apogee Therapeutics during the fourth quarter worth $136,000. 79.04% of the stock is owned by institutional investors and hedge funds.

Apogee Therapeutics Stock Down 7.9%

NASDAQ APGE opened at $73.00 on Wednesday. Apogee Therapeutics has a twelve month low of $26.20 and a twelve month high of $84.56. The stock has a market cap of $5.07 billion, a P/E ratio of -17.30 and a beta of 1.39. The company’s 50-day simple moving average is $71.16 and its 200 day simple moving average is $63.95.

Apogee Therapeutics (NASDAQ:APGEGet Free Report) last announced its quarterly earnings results on Monday, March 2nd. The company reported ($1.03) EPS for the quarter, topping analysts’ consensus estimates of ($1.05) by $0.02. Research analysts anticipate that Apogee Therapeutics will post -3.09 earnings per share for the current year.

About Apogee Therapeutics

(Get Free Report)

Apogee Therapeutics, Inc is a clinical-stage biotechnology company dedicated to the discovery and development of novel small molecule therapeutics that selectively target the nuclear receptor RORγt, a master regulator of T cell-driven inflammatory pathways. By modulating RORγt activity, Apogee aims to offer an oral treatment option for patients with autoimmune and inflammatory skin disorders.

The company’s lead candidate, APG-157, is an oral RORγt inverse agonist currently undergoing early-stage clinical evaluation for moderate to severe plaque psoriasis.

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Analyst Recommendations for Apogee Therapeutics (NASDAQ:APGE)

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