Wave Life Sciences Ltd.
NASDAQ•WVE
CEO: Dr. Paul B. Bolno M.B.A., M.D.
Sector: Healthcare
Industry: Biotechnology
Listing Date: 2015-11-11
Wave Life Sciences Ltd., a clinical-stage biotechnology company, designs, develops, and commercializes ribonucleic acid (RNA) medicines through PRISM, a discovery and drug development platform. The company's RNA medicines platform, PRISM, combines multiple modalities, chemistry innovation, and deep insights into human genetics to deliver scientific breakthroughs that treat both rare and prevalent disorders. It is developing WVE-006, a RNA editing oligonucleotide for the treatment of alpha-1 antitrypsin deficiency; siRNA clinical candidate for the treatment of obesity and other metabolic disorders; WVE-N531, a exon skipping oligonucleotide for the treatment of duchenne muscular dystrophy; and WVE-003, an antisense silencing oligonucleotide for the treatment of Huntington's disease (HD). The company has collaboration agreements with GlaxoSmithKline for the research, development, and commercialization of oligonucleotide therapeutics; Takeda Pharmaceutical Company Limited for the research, development, and commercialization of oligonucleotide therapeutics for disorders of the Central Nervous System; and Asuragen, Inc. for the development and potential commercialization of companion diagnostics for investigational allele-selective therapeutic programs targeting HD. Wave Life Sciences Ltd. was incorporated in 2012 and is based in Singapore.
Contact Information
Marina One East Tower, 7 Straits View No.12-00, Singapore, 018936, Singapore
65-6236-3388
Market Cap
$2.65B
P/E (TTM)
-12.4
17.4
Dividend Yield
--
52W High
$21.73
52W Low
$5.28
52W Range
Rank46Top 59.5%
3.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$17.25M+0.00%
4-Quarter Trend
EPS
-$0.30+0.00%
4-Quarter Trend
FCF
-$32.11M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
WVE-007 Obesity Trial Data WVE-007 showed 9.4% visceral fat reduction at three months in Phase 1 SAD cohort, supporting durable dosing.
AATD Program Regulatory Acceleration Accelerated regulatory engagement for WVE-006; positive data from RestorAATion-2 study cohorts announced September 2025.
HD Program Shows Clinical Benefit SELECT-HD trial showed potent, durable allele-selective mHTT reduction up to 46% in CSF, slowing atrophy.
Strong Cash Position Maintained Cash and equivalents totaled $602.1 M as of December 31, 2025, funding operations for at least twelve months.
Risk Factors
Continued Operating Losses Expected Net loss reached $(204.4) M in 2025; expects significant operating losses for foreseeable future, accumulating deficit.
Substantial Additional Funding Required Requires substantial future funding to complete development, regulatory approvals, and commercialization efforts.
Reliance on Third-Party Manufacturing Relies on limited third parties for supply and manufacturing; failures could delay clinical timelines materially and increase costs.
Intellectual Property Enforcement Risk Patent landscape evolving; litigation risk exists protecting proprietary rights and ensuring freedom to operate globally.
Outlook
WVE-007 Phase 2a Planning Planning underway to initiate WVE-007 Phase 2a multidose trial in first half of 2026 for obesity indication.
WVE-006 Regulatory Feedback Expected Expect regulatory feedback mid-2026 regarding potential accelerated approval pathway for WVE-006 AATD treatment.
WVE-008 Application Filing Expect to file clinical trial application for WVE-008 (PNPLA3 I148M liver disease) during 2026.
New Clinical Trials Initiated Expect initiation of new clinical trials evaluating WVE-007 as incretin add-on and post-incretin maintenance in 2026.
Peer Comparison
Revenue (TTM)
$172.35M
$90.49M
$67.67M
Gross Margin (Latest Quarter)
102.3%
100.0%
99.0%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| TERN | $4.21B | -45.4 | -30.0% | 0.3% |
| WVE | $2.65B | -12.4 | -85.0% | 2.8% |
| SYRE | $2.51B | -92.5 | -29.4% | 0.0% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
23.4%
Strong Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
0%
Cash Flow Needs Attention
Deep Research
Next earnings:May 6, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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