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Agios Pharmaceuticals stock jumps 67% on strong Q2 revenue and FDA Priority Review for sickle cell drug

Company Fundamentals
30 Jul 2026
Andrew Wynn
View Source
Bullish
pluang ai news

Agios Pharmaceuticals saw its stock surge after H.C. Wainwright raised the price target to $55, implying a 67% upside. The company reported Q2 2026 revenues of $44.75 million, nearly doubling estimates, driven by strong sales of its drug mitapivat (PYRUKYND® and AQVESME™). Despite a net loss of $100.7 million, the loss narrowed from last year and was better than expected. Agios holds $964.8 million in cash and is advancing mitapivat for sickle cell disease, which has received FDA Priority Review, potentially speeding approval and future growth.

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