Fulcrum Therapeutics, Inc. (NASDAQ:FULC) Receives Average Recommendation of “Reduce” from Analysts

Fulcrum Therapeutics, Inc. (NASDAQ:FULCGet Free Report) has been assigned a consensus recommendation of “Reduce” from the twelve brokerages that are currently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $8.20.

Several research firms have issued reports on FULC. Truist Financial lowered shares of Fulcrum Therapeutics from a “buy” rating to a “hold” rating and set a $4.00 price target on the stock. in a research report on Tuesday, June 2nd. Stifel Nicolaus cut shares of Fulcrum Therapeutics from a “buy” rating to a “hold” rating and set a $3.00 price objective on the stock. in a research report on Tuesday, June 2nd. Cantor Fitzgerald cut shares of Fulcrum Therapeutics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 2nd. Leerink Partners cut shares of Fulcrum Therapeutics from an “outperform” rating to a “market perform” rating and set a $4.00 price objective on the stock. in a research report on Tuesday, June 2nd. Finally, Jefferies Financial Group set a $4.00 price objective on shares of Fulcrum Therapeutics in a research report on Tuesday, June 2nd.

Check Out Our Latest Report on Fulcrum Therapeutics

Hedge Funds Weigh In On Fulcrum Therapeutics

Several institutional investors and hedge funds have recently modified their holdings of the stock. Deutsche Bank AG grew its holdings in shares of Fulcrum Therapeutics by 0.6% during the 4th quarter. Deutsche Bank AG now owns 287,096 shares of the company’s stock valued at $3,247,000 after acquiring an additional 1,767 shares in the last quarter. Intech Investment Management LLC lifted its stake in shares of Fulcrum Therapeutics by 14.5% in the 4th quarter. Intech Investment Management LLC now owns 19,747 shares of the company’s stock valued at $223,000 after purchasing an additional 2,503 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Fulcrum Therapeutics in the 4th quarter valued at $30,000. The Manufacturers Life Insurance Company lifted its stake in shares of Fulcrum Therapeutics by 25.0% in the 1st quarter. The Manufacturers Life Insurance Company now owns 16,102 shares of the company’s stock valued at $124,000 after purchasing an additional 3,219 shares during the last quarter. Finally, Meeder Asset Management Inc. acquired a new stake in shares of Fulcrum Therapeutics in the 4th quarter valued at $39,000. 89.83% of the stock is currently owned by hedge funds and other institutional investors.

Fulcrum Therapeutics Price Performance

Shares of NASDAQ:FULC opened at $3.50 on Thursday. Fulcrum Therapeutics has a 12 month low of $2.83 and a 12 month high of $15.74. The stock has a market cap of $233.21 million, a price-to-earnings ratio of -3.04 and a beta of 2.93. The stock’s 50 day moving average price is $6.32 and its 200 day moving average price is $8.63.

Fulcrum Therapeutics (NASDAQ:FULCGet Free Report) last announced its earnings results on Monday, April 27th. The company reported ($0.25) EPS for the quarter, topping the consensus estimate of ($0.31) by $0.06. On average, sell-side analysts expect that Fulcrum Therapeutics will post -0.76 EPS for the current year.

Fulcrum Therapeutics Company Profile

(Get Free Report)

Fulcrum Therapeutics, Inc is a clinical-stage biopharmaceutical company focused on discovering and developing precision medicines that modulate gene expression through epigenetic control. Leveraging a proprietary target discovery platform, Fulcrum seeks to identify small‐molecule therapeutics that restore normal gene function in diseases caused by genetic dysregulation. The company’s core research efforts center on transcriptional regulators and chromatin-modifying proteins, aiming to address underlying disease mechanisms rather than downstream symptoms.

Fulcrum’s most advanced programs include FTX-6058, an oral therapeutic candidate designed to elevate fetal hemoglobin levels in patients with sickle cell disease and beta-thalassemia, and a preclinical program targeting facioscapulohumeral muscular dystrophy (FSHD) by inhibiting a key epigenetic driver of aberrant gene expression.

Featured Stories

Analyst Recommendations for Fulcrum Therapeutics (NASDAQ:FULC)

Receive News & Ratings for Fulcrum Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fulcrum Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter.