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Model output · Signal date 2026-10-14

Wave Life Sciences, Inc. (WVE) Stock Forecast Oct. 14, 2026

Analysis updated on Oct. 14, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq

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Rating · 90D Neutral Alpha
90-day forecast Sign up free to reveal
30-day forecast Alpha
Rank in coverage Middle 30% of 4004 stocks scored
Rank correlation · 90D n/a No per-ticker sample yet
Market Cap $619M small-cap · #60 of 60 peers
Summary

Wave Life Sciences, Inc. (WVE) stock forecast summary

On Oct. 14, 2026, WVE is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 4004 stocks scored that day.

Wave Life Sciences, Inc. is a small-cap company with a market capitalization of $619M. It ranks number 60 by market capitalization among the 60 Pharmaceutical Preparations issuers in our coverage with a current forecast. Its P/B Ratio of 1.36x is the lowest of the 43 peers that report one.

A per-ticker accuracy statistic for WVE is published only once its sample size is known. Across our coverage, the out-of-sample test on 4537 stocks from 2025-01-06 to 2026-06-09 produced a positive net return in 73.7% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.3%, buy ≥ +0.5%, sell < -0.6%, strong sell < -1.7% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-14 signals)

A free account shows the exact forecast, rating and rank of 3 tickers you follow, WVE included.

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Price

WVE price chart and AI forecast

WVE
Cross-section · 2026-10-14

How WVE ranks among 4004 stocks

90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).

Fundamentals

Wave Life Sciences, Inc. (WVE) fundamentals

Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Pharmaceutical Preparations peers listed below that report each metric.

Valuation & Market

MetricWVEIndustry medianRank
Market Cap $619M $12.02B 60/60
P/B Ratio 1.36x 7.75x 43/43
EPS $-1.24 – –
Book Value/Share $2.30 – –
FCF/Share $-0.98 – –

Profitability & Margins

MetricWVEIndustry medianRank
ROE -44.6% -3.0% 25/33
ROA -36.3% -4.3% 32/39
ROIC -42.9% -6.2% 32/41
Operating Margin -294.2% 1.0% 30/33
Net Margin -273.4% 4.8% 30/33
EBT Margin -273.4% 6.2% 37/40
Tax Rate 0.0% – –

Financial Health

MetricWVEIndustry medianRank
Current Ratio 9.99x 3.37x 11/50
D/E Ratio 0.23x 0.85x 32/43
Financial Leverage 1.23x 1.85x 33/43
Interest Coverage -826.5x 0.5x 33/36
Working Capital $457M $1.12B 40/50

Cash Flow

MetricWVEIndustry medianRank
Operating Cash Flow -$192M $110M 37/49
Free Cash Flow -$193M $131M 28/39
Capital Spending -$2M -$29M 9/39

Income Statement

MetricWVEIndustry medianRank
Operating Income -$217M -$42M 27/41
Net Income -$202M -$38M 28/40
R&D Expense $197M $415M 38/48

Dividend & Shareholder Information

MetricWVEIndustry medianRank
Shares Outstanding 197M – –

Balance Sheet Highlights (USD millions)

Total Current Assets$508M90.7% of assets
Cash & Short-term Investments$368M65.7% of assets
Accounts Receivable$890K0.2% of assets
Total Liabilities$105M18.7% of assets
Short-term Debt$30M5.4% of assets
Quarterly Financial Reports

WVE quarterly financials and insider trading

Industry Peers · Pharmaceutical Preparations

Wave Life Sciences, Inc. (WVE) industry peers

Companies classified under the same SEC industry code as Wave Life Sciences, Inc. (Pharmaceutical Preparations): 60 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.

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Company 90-Day AI Forecast (Alpha) Market Cap P/E Ratio P/B Ratio
WVE Wave Life Sciences, Inc. ▶ $619M – 1.4x
LLY Eli Lilly & Co ▲ $1.10T 41.1x 111.7x
JNJ Johnson & Johnson ▼ $599.12B 28.5x 7.1x
ONC Beone Medicines Ltd. ▶ $515.98B – 99.7x
ABBV Abbvie Inc. ▼ $484.83B 76.8x –
MRK Merck & Co., Inc. ▼ $350.29B 110.4x 8.4x
NVS Novartis Ag ▼ $271.74B – –
GSK Gsk Plc ▼ $199.68B – –
ABT Abbott Laboratories ▶ $178.73B 28.6x 3.5x
PFE Pfizer Inc ▲ $161.70B 37.3x 1.9x
VRTX Vertex Pharmaceuticals Inc / Ma ▼ $122.98B 27.9x 6.1x
BMY Bristol Myers Squibb Co ▼ $115.76B 12.5x 5.2x
REGN Regeneron Pharmaceuticals, Inc. ▶ $77.54B 17.9x 2.5x
TEVA Teva Pharmaceutical Industries Ltd ▶ $48.07B 68.0x 6.2x
SNY Sanofi ▼ $47.70B – –
RPRX Royalty Pharma Plc ▲ $32.53B 39.9x 4.8x
ZTS Zoetis Inc. ▼ $30.70B 11.7x 9.8x
ALNY Alnylam Pharmaceuticals, Inc. ▼ $29.95B – 22.1x
TAK Takeda Pharmaceutical Co Ltd ▼ $29.46B – –
ATHE Alterity Therapeutics Ltd ▶ $26.01B – –
ZLAB Zai Lab Ltd ▼ $25.93B – 42.7x
ROIV Roivant Sciences Ltd. ▶ $24.09B – 5.7x
UTHR United Therapeutics Corp ▼ $23.31B 17.8x 3.6x
INSM Insmed Inc ▶ $21.14B – 27.9x
VTRS Viatris Inc ▶ $19.81B – –
ASND Ascendis Pharma A/S ▶ $13.83B – –
JAZZ Jazz Pharmaceuticals Plc ▶ $13.66B 14.5x 2.8x
CORT Corcept Therapeutics Inc ▲ $12.73B – 18.0x
SMMT Summit Therapeutics Inc. ▶ $12.38B – 19.7x
BBIO Bridgebio Pharma, Inc. ▶ $12.37B – –
KNSA Kiniksa Pharmaceuticals International, Plc ▲ $12.25B – 20.2x
HCM Hutchmed (China) Ltd ▶ $11.78B – 9.5x
ELAN Elanco Animal Health Inc ▶ $11.20B – 1.7x
RDY Dr Reddys Laboratories Ltd ▼ $10.66B – –
BMRN Biomarin Pharmaceutical Inc ▼ $10.53B – 1.7x
MDGL Madrigal Pharmaceuticals, Inc. ▶ $10.45B – 20.0x
PTGX Protagonist Therapeutics, Inc ▲ $8.96B – 10.7x
CYTK Cytokinetics Inc ▶ $8.57B – –
ARWR Arrowhead Pharmaceuticals, Inc. ▲ $8.21B – 17.6x
AXSM Axsome Therapeutics, Inc. ▶ $8.19B – 98.3x
SYRE Spyre Therapeutics, Inc. ▲ $7.09B – 6.4x
IONS Ionis Pharmaceuticals Inc ▶ $7.04B – 16.0x
PRAX Praxis Precision Medicines, Inc. ▶ $6.79B – 5.1x
ABVX Abivax S.A. ▼ $6.77B – –
ALKS Alkermes Plc. ▶ $6.67B – 3.7x
LEGN Legend Biotech Corp ▶ $6.61B – –
AMRX Amneal Pharmaceuticals, Inc. ▶ $6.25B – –
LGND Ligand Pharmaceuticals Inc ▼ $6.05B 30.7x 6.3x
BLTE Belite Bio, Inc ▲ $5.97B – 7.8x
RYTM Rhythm Pharmaceuticals, Inc. ▶ $5.96B – 57.9x
BLRX Biolinerx Ltd. ▶ $5.67B – –
MIRM Mirum Pharmaceuticals, Inc. ▲ $5.17B – –
ERAS Erasca, Inc. ▲ $5.17B – 14.3x
PTCT Ptc Therapeutics, Inc. ▶ $5.00B – –
TVTX Travere Therapeutics, Inc. ▲ $4.88B – 199.1x
COGT Cogent Biosciences, Inc. ▼ $4.87B – 9.2x
AMRN Amarin Corp Plc\Uk ▶ $4.86B – 11.0x
MANE Veradermics, Inc ▲ $4.86B – 6.0x
GPCR Structure Therapeutics Inc. ▲ $4.77B – 3.5x
DNTH Dianthus Therapeutics, Inc. /De/ ▲ $4.34B – 3.7x

Where WVE sits on the market map

Life Sciences · Pharmaceutical Preparations
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News

Wave Life Sciences, Inc. (WVE) stock news

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FAQ

Wave Life Sciences, Inc. (WVE) stock forecast FAQ

What is the Wave Life Sciences, Inc. (WVE) stock forecast?

On Oct. 14, 2026, WVE is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 4004 stocks scored that day.

How accurate are Wave Life Sciences, Inc. stock predictions?

A per-ticker accuracy statistic for WVE is published only once its sample size is known. Across our coverage, the out-of-sample test on 4537 stocks from 2025-01-06 to 2026-06-09 produced a positive net return in 73.7% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

How often are Wave Life Sciences, Inc. forecasts updated?

Wave Life Sciences, Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 14, 2026.

Which companies are Wave Life Sciences, Inc.'s industry peers?

60 issuers in our coverage, WVE included, share the SEC industry code Pharmaceutical Preparations. The largest are: Eli Lilly & Co (LLY), Johnson & Johnson (JNJ), Beone Medicines Ltd. (ONC), Abbvie Inc. (ABBV), Merck & Co., Inc. (MRK), Novartis Ag (NVS).

This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.