Avid Bioservices, Inc.

CDMO

US05368M1062

Pharmaceuticals

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
7.35 ^USD	+0.41%		+15.02%	+13.08%

Apr. 24	Avid Bioservices, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2024	CI
Apr. 19	North American Morning Briefing : Stock Futures -2-	DJ

Avid Bioservices, Inc. Maintains Revenue Guidance for Full Fiscal Year 2024

March 06, 2024 at 04:31 pm EST

Avid Bioservices, Inc. announced that the company is maintaining revenue guidance for full fiscal year 2024 of $137 million to $147 million.

Latest news about Avid Bioservices, Inc.

Avid Bioservices, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2024	Apr. 24	CI
North American Morning Briefing : Stock Futures -2-	Apr. 19	DJ
North American Morning Briefing : Investors on Edge as High-Stakes Jobs Report Awaited	Apr. 05	DJ
North American Morning Briefing : Stocks Struggle After New Records	Mar. 22	DJ
Avid Bioservices Receives Nasdaq Noncompliance Notice	Mar. 20	MT
North American Morning Briefing : Inflation Worries Continue to Weigh on Mood	Mar. 15	DJ
Stephens Adjusts Price Target on Avid Bioservices to $12 From $15, Maintains Overweight Rating	Mar. 11	MT
Avid Bioservices Prices $160 Million Convertible Notes Offering; Shares Slump	Mar. 07	MT
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Thursday Buoyed by Powell's Comments	Mar. 07	MT
Top Premarket Decliners	Mar. 07	MT
Avid Bioservices Shares Slide After Pricing Private Placement of Convertible Notes	Mar. 07	DJ
Avid Bioservices Prices $160 Million Convertible Notes Offering	Mar. 07	MT
Avid Bioservices Preliminary Fiscal Q3 Revenue Falls 11%; $160 Million Private Placement of Notes Set; Shares Slump	Mar. 06	MT
Avid Bioservices, Inc. Maintains Revenue Guidance for Full Fiscal Year 2024	Mar. 06	CI
Avid Bioservices, Inc. announced that it expects to receive $160 million in funding	Mar. 05	CI
In moon race with China, U.S. setbacks test role of private firms	Jan. 12	RE
Avid Bioservices, Inc.(NasdaqCM:CDMO) dropped from S&P 1000	Dec. 18	CI
Avid Bioservices, Inc.(NasdaqCM:CDMO) dropped from S&P 600 Health Care	Dec. 18	CI
Avid Bioservices, Inc.(NasdaqCM:CDMO) dropped from S&P Composite 1500	Dec. 18	CI
Avid Bioservices, Inc.(NasdaqCM:CDMO) dropped from S&P 600	Dec. 18	CI
Craig-Hallum Adjusts Avid Bioservices' Price Target to $16 From $22, Maintains Buy Rating	Dec. 08	MT
Avid Bioservices Faces Uphill Battle as Overall Demand Environment Poses Challenges, RBC Says	Dec. 08	MT
KeyBanc Cuts Price Target on Avid Bioservices to $14 From $20, Maintains Overweight Rating	Dec. 08	MT
Sector Update: Health Care Stocks Lean Lower Premarket Friday	Dec. 08	MT
November Payrolls Post Bigger Gain Than Expected as Exchange-Traded Funds, Equity Futures Slide Pre-Bell	Dec. 08	MT

Avid Bioservices, Inc. is a contract development and manufacturing organization (CDMO). The Company provides a range of services from process development to Current Good Manufacturing Practices (CGMP) clinical and commercial manufacturing of biologics for the biotechnology and biopharmaceutical industries. It operates in a single segment, which is contract manufacturing and development services. The Companyâs services include clinical and commercial product manufacturing, bulk packaging, release and stability testing and regulatory submissions support. The Company also provides a variety of process development services, including upstream and downstream development and optimization, analytical methods development, testing and characterization. It provides fully integrated and customized biomanufacturing services that support its customers from the early preclinical stage to commercial launch and supply.

Sector

Pharmaceuticals

Calendar

2024-04-29 - Q3 2024 Earnings Call

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Avid Bioservices, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

D+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

7.35 USD

Average target price

12.25 USD

Spread / Average Target

+66.67%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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Biopharmaceuticals