Schrodinger (NASDAQ:SDGR) Stock Price Down 7.4% – Here’s What Happened

Posted by Brian Himes on Oct 16th, 2026

Schrodinger, Inc. (NASDAQ:SDGR – Get Free Report)’s share price fell 7.4% on Friday. The company traded as low as $24.18 and last traded at $23.5930. Approximately 316,489 shares traded hands during mid-day trading, a decline of 79% from the average session volume of 1,531,088 shares. The stock had previously closed at $25.48.

Analysts Set New Price Targets

SDGR has been the topic of a number of analyst reports. Zacks Research upgraded Schrodinger from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 5th. Weiss Ratings raised Schrodinger from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, August 27th. Wall Street Zen raised Schrodinger from a “strong sell” rating to a “hold” rating in a report on Saturday, August 8th. KeyCorp increased their price target on Schrodinger from $20.00 to $32.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, UBS Group assumed coverage on Schrodinger in a report on Friday, August 14th. They issued a “neutral” rating and a $19.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $25.50.

Check Out Our Latest Analysis on Schrodinger

Schrodinger Stock Down 10.8%

The stock’s 50-day simple moving average is $23.48 and its two-hundred day simple moving average is $17.40. The company has a market capitalization of $1.68 billion, a price-to-earnings ratio of -30.81 and a beta of 1.62.

Schrodinger (NASDAQ:SDGR – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.41) by $0.49. Schrodinger had a negative net margin of 20.98% and a negative return on equity of 16.37%. The business had revenue of $58.89 million for the quarter, compared to the consensus estimate of $47.19 million. During the same period last year, the firm posted ($0.65) earnings per share. The company’s revenue was up 7.5% compared to the same quarter last year. On average, sell-side analysts forecast that Schrodinger, Inc. will post -1.50 EPS for the current year.

Insider Buying and Selling at Schrodinger

In related news, insider Karen Akinsanya sold 31,599 shares of the company’s stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $29.37, for a total transaction of $928,062.63. Following the completion of the transaction, the insider owned 69,956 shares in the company, valued at $2,054,607.72. This represents a 31.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 10.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Schrodinger

Several institutional investors have recently bought and sold shares of the company. Rubric Capital Management LP raised its holdings in shares of Schrodinger by 43.8% during the first quarter. Rubric Capital Management LP now owns 6,000,000 shares of the company’s stock valued at $68,160,000 after acquiring an additional 1,828,502 shares during the last quarter. Quantinno Capital Management LP acquired a new stake in shares of Schrodinger in the first quarter worth approximately $1,978,000. Tejara Capital Ltd acquired a new stake in shares of Schrodinger in the second quarter worth approximately $4,553,000. BlackRock Inc. acquired a new stake in shares of Schrodinger in the second quarter worth approximately $170,978,000. Finally, Squarepoint Ops LLC increased its position in shares of Schrodinger by 290.4% during the second quarter. Squarepoint Ops LLC now owns 209,123 shares of the company’s stock worth $3,398,000 after purchasing an additional 155,556 shares in the last quarter. 79.05% of the stock is currently owned by institutional investors and hedge funds.

About Schrodinger

(Get Free Report)

Schrödinger, Inc is a technology company that develops computational software for pharmaceutical and materials research. Its platform uses physics-based modeling, machine learning and other computational methods to help scientists design and optimize molecules, evaluate potential drug candidates and investigate material properties.

The company’s software offerings include molecular modeling, simulation, predictive modeling and collaborative research tools, such as Maestro, Desmond, Jaguar, FEP+ and LiveDesign.