ALDX Chart
About

Aldeyra Therapeutics, Inc., a biotechnology company, discovers and develops therapies designed to treat immune-mediated and metabolic diseases. Its lead product candidate is reproxalap, a reactive aldehyde species (RASP) modulator, which is in Phase III clinical trial for the treatment of dry eye disease and allergic conjunctivitis; and ADX-2191, a dihydrofolate reductase inhibitor for the treatment retinitis pigmentosa. The company also develops ADX-629, an orally administered RASP modulator that is in Phase 2 clinical trials for the treatment of COVID-19, atopic asthma, psoriasis, and alcohol intoxication. In addition, it develops preclinical RASP platform, including ADX 248, ADX 743, ADX 631, ADX 246, and other product candidates in development for inflammatory and metabolic diseases. The company was formerly known as Aldexa Therapeutics, Inc. and changed its name to Aldeyra Therapeutics, Inc. in March 2014. Aldeyra Therapeutics, Inc. was incorporated in 2004 and is based in Lexington, Massachusetts.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 313.45M
Enterprise Value 240.46M Income -43.19M Sales —
Book/sh 0.82 Cash/sh 1.25 Dividend Yield —
Payout 0.00% Employees 8 IPO —
P/E — Forward P/E 13.36 PEG —
P/S — P/B 6.36 P/C —
EV/EBITDA -5.35 EV/Sales — Quick Ratio 2.64
Current Ratio 2.72 Debt/Eq 31.56 LT Debt/Eq —
EPS (ttm) -0.73 EPS next Y 0.39 EPS Growth —
Revenue Growth — Earnings 2026-02-26 ROA -28.94%
ROE -64.31% ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 60.16M
Shs Float 48.61M Short Float 8.99% Short Ratio 6.22
Short Interest — 52W High 7.20 52W Low 1.14
Beta 0.96 Avg Volume 1.07M Volume 1.04M
Target Price $9.67 Recom None Prev Close $4.99
Price $5.21 Change 4.41%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$9.67
Mean price target
2. Current target
$5.21
Latest analyst target
3. DCF / Fair value
$4.66
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$5.21
Low
$7.00
High
$13.00
Mean
$9.67

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-10 reit BTIG Buy → Buy $9
2025-05-19 reit HC Wainwright & Co. Buy → Buy $10
2025-04-07 main BTIG Buy → Buy $9
2025-04-04 reit HC Wainwright & Co. Buy → Buy $10
2025-03-03 reit HC Wainwright & Co. Buy → Buy $10
2024-08-09 reit HC Wainwright & Co. Buy → Buy $10
2024-08-02 reit HC Wainwright & Co. Buy → Buy $10
2024-05-06 reit Oppenheimer Outperform → Outperform $10
2024-05-06 reit HC Wainwright & Co. Buy → Buy $10
2024-04-03 up Oppenheimer Perform → Outperform $10
2023-10-17 main Citigroup Buy → Buy $8
2023-10-17 down Oppenheimer Outperform → Perform —
2023-08-09 reit Oppenheimer Outperform → Outperform $14
2023-06-30 reit HC Wainwright & Co. Buy → Buy $15
2023-06-22 reit HC Wainwright & Co. Buy → Buy $15
2023-06-16 reit HC Wainwright & Co. Buy → Buy $15
2023-06-01 main Citigroup Buy → Buy $25
2023-05-05 reit HC Wainwright & Co. — → Buy $15
2023-03-10 main Citigroup Buy → Buy $28
2023-03-10 reit HC Wainwright & Co. — → Buy $15
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 2500 13250 — Purchase at price 5.30 per share. ALFIERI MICHAEL L Chief Financial Officer — 2025-08-13 00:00:00 D
1 22073 113713 — Sale at price 5.15 per share. MACHATHA STEPHEN Officer — 2025-08-11 00:00:00 D
2 3400000 4828000 — Sale at price 1.42 per share. PERCEPTIVE ADVISORS L L C Beneficial Owner of more than 10% of a Class of Security — 2025-04-03 00:00:00 I
3 16041 75975 — Sale at price 4.74 per share. MACHATHA STEPHEN Officer — 2024-08-12 00:00:00 D
4 10834 51313 — Sale at price 4.74 per share. GREENBERG BRUCE Chief Financial Officer — 2024-08-12 00:00:00 D
5 177993 833867 — Purchase at price 4.67 - 4.74 per share. PERCEPTIVE ADVISORS L L C Beneficial Owner of more than 10% of a Class of Security — 2024-04-05 00:00:00 I
6 504272 1934505 — Purchase at price 3.25 - 4.09 per share. PERCEPTIVE ADVISORS L L C Beneficial Owner of more than 10% of a Class of Security — 2024-04-03 00:00:00 I
7 183238 580760 — Sale at price 3.05 - 3.27 per share. BRADY TODD C Chief Executive Officer — 2024-03-12 00:00:00 D
8 29768 98605 — Sale at price 3.16 - 3.41 per share. MACHATHA STEPHEN Officer — 2024-03-12 00:00:00 D
9 13201 44968 — Sale at price 3.41 per share. GREENBERG BRUCE Chief Financial Officer — 2024-03-11 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-53.68M-35.21M-60.07M-55.77M
TotalUnusualItems0.00
TotalUnusualItemsExcludingGoodwill0.00
NetIncomeFromContinuingOperationNetMinorityInterest-55.85M-37.54M-62.02M-57.78M
ReconciledDepreciation249.62K262.78K258.71K264.18K
EBITDA-53.68M-35.21M-60.07M-55.77M
EBIT-53.93M-35.47M-60.33M-56.03M
NetInterestIncome4.27M5.25M655.35K-1.56M
InterestExpense1.93M2.07M1.69M1.74M
InterestIncome6.19M7.32M2.35M185.36K
NormalizedIncome-55.85M-37.54M-62.02M-57.78M
NetIncomeFromContinuingAndDiscontinuedOperation-55.85M-37.54M-62.02M-57.78M
TotalExpenses60.12M42.79M62.68M56.22M
TotalOperatingIncomeAsReported-60.12M-42.79M-62.68M-56.22M
DilutedAverageShares59.48M58.94M58.41M54.04M
BasicAverageShares59.48M58.94M58.41M54.04M
DilutedEPS-0.94-0.64-1.06-1.07
BasicEPS-0.94-0.64-1.06-1.07
DilutedNIAvailtoComStockholders-55.85M-37.54M-62.02M-57.78M
NetIncomeCommonStockholders-55.85M-37.54M-62.02M-57.78M
NetIncome-55.85M-37.54M-62.02M-57.78M
NetIncomeIncludingNoncontrollingInterests-55.85M-37.54M-62.02M-57.78M
NetIncomeContinuousOperations-55.85M-37.54M-62.02M-57.78M
TaxProvision0.00
PretaxIncome-55.85M-37.54M-62.02M-57.78M
SpecialIncomeCharges0.00
NetNonOperatingInterestIncomeExpense4.27M5.25M655.35K-1.56M
InterestExpenseNonOperating1.93M2.07M1.69M1.74M
InterestIncomeNonOperating6.19M7.32M2.35M185.36K
OperatingIncome-60.12M-42.79M-62.68M-56.22M
OperatingExpense60.12M42.79M62.68M56.22M
ResearchAndDevelopment48.22M29.46M47.31M44.94M
SellingGeneralAndAdministration11.89M13.34M15.37M11.28M
GeneralAndAdministrativeExpense11.89M13.34M15.37M11.28M
OtherGandA11.89M13.34M15.37M11.28M
TotalRevenue0.000.000.000.00
OperatingRevenue0.000.000.000.00
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber59.65M59.20M58.56M58.08M
ShareIssued59.65M59.20M58.56M58.08M
TotalDebt15.30M15.66M16.08M15.86M
TangibleBookValue71.00M119.80M151.01M205.74M
InvestedCapital86.04M134.94M166.84M221.24M
WorkingCapital85.47M125.55M165.66M220.98M
NetTangibleAssets71.00M119.80M151.01M205.74M
CapitalLeaseObligations271.63K510.81K249.26K354.84K
CommonStockEquity71.00M119.80M151.01M205.74M
TotalCapitalization86.00M119.80M165.93M221.24M
TotalEquityGrossMinorityInterest71.00M119.80M151.01M205.74M
StockholdersEquity71.00M119.80M151.01M205.74M
GainsLossesNotAffectingRetainedEarnings37.44K0.00-103.94K0.00
OtherEquityAdjustments37.44K-103.94K
RetainedEarnings-450.11M-394.26M-356.72M-294.69M
AdditionalPaidInCapital521.02M513.99M507.77M500.37M
CapitalStock59.65K59.20K58.56K58.08K
CommonStock59.65K59.20K58.56K58.08K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest33.60M28.53M30.28M27.40M
TotalNonCurrentLiabilitiesNetMinorityInterest15.00M6.27M14.92M15.63M
NonCurrentDeferredLiabilities0.006.00M0.00
NonCurrentDeferredRevenue0.006.00M0.00
LongTermDebtAndCapitalLeaseObligation15.00M271.63K14.92M15.63M
LongTermCapitalLeaseObligation0.00271.63K0.00125.23K
LongTermDebt15.00M14.92M15.50M
CurrentLiabilities18.60M22.26M15.36M11.77M
CurrentDeferredLiabilities6.00M0.00
CurrentDeferredRevenue6.00M0.00
CurrentDebtAndCapitalLeaseObligation303.00K15.39M1.16M229.61K
CurrentCapitalLeaseObligation271.63K239.18K249.26K229.61K
CurrentDebt31.37K15.15M911.76K
OtherCurrentBorrowings31.37K15.15M911.76K
PensionandOtherPostRetirementBenefitPlansCurrent4.33M3.09M3.82M1.51M
PayablesAndAccruedExpenses7.97M3.79M10.38M10.03M
CurrentAccruedExpenses7.79M2.45M10.24M9.01M
Payables180.45K1.34M133.62K1.02M
AccountsPayable180.45K1.34M133.62K1.02M
TotalAssets104.61M148.33M181.29M233.14M
TotalNonCurrentAssets534.22K516.58K268.54K384.35K
NonCurrentDeferredAssets267.26K0.00
NetPPE266.95K516.58K268.54K384.35K
GrossPPE266.95K516.58K268.54K384.35K
OtherProperties266.95K516.58K268.54K384.35K
CurrentAssets104.07M147.81M181.02M232.75M
OtherCurrentAssets301.15K183.15K442.72K93.46K
CurrentDeferredAssets2.21M4.46M2.61M2.40M
PrepaidAssets408.09K340.39K432.23K435.41K
Receivables0.003.24M28.77K
OtherReceivables3.24M28.77K
CashCashEquivalentsAndShortTermInvestments101.15M142.82M174.30M229.79M
OtherShortTermInvestments46.62M0.0029.88M0.00
CashAndCashEquivalents54.53M142.82M144.42M229.79M
CashEquivalents30.79M14.31M9.27M129.43M
CashFinancial23.73M128.51M135.15M100.36M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-43.21M-30.33M-56.65M-42.56M
RepaymentOfDebt-292.50K-1.04M0.00
IssuanceOfCapitalStock0.00189.81M
CapitalExpenditure-16.32K-7.81K
InterestPaidSupplementalData1.75M1.70M1.34M1.34M
EndCashPosition54.53M142.82M144.42M229.79M
BeginningCashPosition142.82M144.42M229.79M77.86M
ChangesInCash-88.30M-1.60M-85.37M151.93M
FinancingCashFlow-171.42K-1.27M1.22M194.50M
CashFlowFromContinuingFinancingActivities-171.42K-1.27M1.22M194.50M
NetOtherFinancingCharges-267.26K-532.95K
ProceedsFromStockOptionExercised388.34K305.23K1.22M4.68M
NetCommonStockIssuance0.00189.81M
CommonStockIssuance0.00189.81M
NetIssuancePaymentsOfDebt-292.50K-1.04M0.00
NetLongTermDebtIssuance-292.50K-1.04M0.00
LongTermDebtPayments-292.50K-1.04M0.00
InvestingCashFlow-44.92M30.00M-29.95M-7.81K
CashFlowFromContinuingInvestingActivities-44.92M30.00M-29.95M-7.81K
NetInvestmentPurchaseAndSale-44.92M30.00M-29.94M0.00
SaleOfInvestment52.00M30.00M63.00M0.00
PurchaseOfInvestment-96.92M0.00-92.94M0.00
NetPPEPurchaseAndSale0.00-16.32K-7.81K
PurchaseOfPPE0.00-16.32K-7.81K
OperatingCashFlow-43.21M-30.33M-56.64M-42.56M
CashFlowFromContinuingOperatingActivities-43.21M-30.33M-56.64M-42.56M
ChangeInWorkingCapital5.91M861.18K-3.44M7.44M
ChangeInOtherWorkingCapital6.00M
ChangeInPayablesAndAccruedExpense3.85M-6.87M316.31K5.20M
ChangeInAccruedExpense5.00M-8.08M1.20M4.56M
ChangeInPayable-1.16M1.20M-886.08K638.06K
ChangeInAccountPayable-1.16M1.20M-886.08K638.06K
ChangeInPrepaidAssets2.07M1.73M-3.76M2.24M
OtherNonCashItems177.33K354.19K331.15K409.47K
StockBasedCompensation7.97M5.75M8.29M7.11M
AmortizationOfSecurities-1.67M-14.54K-47.24K0.00
DeferredTax0.00
DeferredIncomeTax0.00
DepreciationAmortizationDepletion249.62K262.78K258.71K264.18K
DepreciationAndAmortization249.62K262.78K258.71K264.18K
NetIncomeFromContinuingOperations-55.85M-37.54M-62.02M-57.78M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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