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Abeona Therapeutics' price target cut to $15 after Q2 revenue miss and operational issues with Zevaskyn therapy.

Analyst Insights
14 Aug 2026
Stuart Mooney
View Source
Bearish
pluang ai news

Industrial Alliance Securities lowered Abeona Therapeutics' price target from $20 to $15 following a 14% stock drop after the company reported Q2 revenues of $11.4 million, missing analyst expectations. The company faces operational challenges with its Zevaskyn cell therapy, including patient cancellations and manufacturing problems, though net revenue for Zevaskyn grew 31% quarter-over-quarter. Abeona has treated 12 patients since launch and expanded to seven Qualified Treatment Centers, maintaining its yearly expansion goal. The company holds $146.8 million in cash and may see growth from partnerships with Ultragenyx and Taysha through potential milestone and royalty payments.

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