VRDN Chart
About

Viridian Therapeutics, Inc. engages in discovering, developing, and commercializing treatments for serious and rare diseases. The company's product pipeline includes veligrotug, a monoclonal antibody targeting insulin-like growth factor-1 receptor that is in Phase 3 clinical trial for the treatment of thyroid eye disease (TED); and VRDN-003, a next generation IGF-1R monoclonal antibodies targeting IGF-1R and engineered of half-life extension technology, which is in Phase 3 clinical trial for the treatment of TED. It also develops portfolio of engineered anti-neonatal Fc receptor inhibitors, such as VRDN-006 and VRDN-008 for autoimmune disease. The company was formerly known as Miragen Therapeutics, Inc. and changed its name to Viridian Therapeutics, Inc. in January 2021.Viridian Therapeutics, Inc. was founded in 2010 and is headquartered in Waltham, Massachusetts.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 2.76B
Enterprise Value 2.48B Income -245.32M Sales 70.79M
Book/sh 3.82 Cash/sh 5.14 Dividend Yield —
Payout 0.00% Employees 143 IPO —
P/E — Forward P/E -7.92 PEG —
P/S 39.02 P/B 7.58 P/C —
EV/EBITDA -7.66 EV/Sales 35.09 Quick Ratio 11.06
Current Ratio 11.28 Debt/Eq 4.81 LT Debt/Eq —
EPS (ttm) -3.03 EPS next Y -3.66 EPS Growth —
Revenue Growth 819.58% Earnings 2026-02-26 ROA -30.08%
ROE -49.89% ROIC — Gross Margin 0.00%
Oper. Margin -56.70% Profit Margin 0.00% Shs Outstand 95.37M
Shs Float 95.41M Short Float 8.63% Short Ratio 5.34
Short Interest — 52W High 34.29 52W Low 9.90
Beta 0.98 Avg Volume 1.51M Volume 1.02M
Target Price $42.06 Recom Strong_buy Prev Close $29.40
Price $28.94 Change -1.56%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$42.06
Mean price target
2. Current target
$28.94
Latest analyst target
3. DCF / Fair value
$-41.66
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$28.94
Low
$29.00
High
$50.00
Mean
$42.06

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-04 reit Needham Buy → Buy $42
2026-02-03 main Wells Fargo Equal-Weight → Equal-Weight $29
2026-01-08 main Truist Securities Buy → Buy $40
2026-01-07 init UBS — → Buy $50
2025-12-23 main Needham Buy → Buy $42
2025-12-10 main Wedbush Outperform → Outperform $47
2025-12-03 init William Blair — → Outperform —
2025-11-24 init Truist Securities — → Buy $41
2025-11-06 main RBC Capital Outperform → Outperform $45
2025-11-04 reit BTIG Buy → Buy $61
2025-10-21 main Oppenheimer Outperform → Outperform $36
2025-08-07 main Goldman Sachs Buy → Buy $30
2025-08-07 main RBC Capital Outperform → Outperform $41
2025-08-07 main Wells Fargo Equal-Weight → Equal-Weight $26
2025-08-07 main Oppenheimer Outperform → Outperform $32
2025-08-06 main Needham Buy → Buy $34
2025-05-20 reit Needham Buy → Buy $36
2025-05-07 main RBC Capital Outperform → Outperform $45
2025-05-07 main Goldman Sachs Buy → Buy $27
2025-05-07 main JMP Securities Market Outperform → Market Outperform $38
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 2272 70796 — Sale at price 31.16 per share. TOUSIGNANT JENNIFER Officer — 2025-12-31 00:00:00 D
1 454545 9999990 — Purchase at price 22.00 per share. FAIRMOUNT FUNDS MANAGEMENT LLC Director and Beneficial Owner of more than 10% of a Class of Security — 2025-10-23 00:00:00 I
2 14100 166355 — Conversion of Exercise of derivative security at price 7.80 - 12.31 per share. FAIRMOUNT FUNDS MANAGEMENT LLC Beneficial Owner of more than 10% of a Class of Security — 2025-06-10 00:00:00 I
3 5000 117050 — Purchase at price 23.41 per share. BEETHAM THOMAS W Chief Operating Officer — 2024-09-27 00:00:00 D
4 21400 499262 — Purchase at price 23.33 per share. MAHONEY STEPHEN F Chief Executive Officer — 2024-09-27 00:00:00 D
5 1600000 30000000 — Purchase at price 18.75 per share. FAIRMOUNT FUNDS MANAGEMENT LLC Beneficial Owner of more than 10% of a Class of Security — 2024-09-13 00:00:00 I
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-266.36M-235.37M-129.13M-79.29M
TotalUnusualItems0.00
TotalUnusualItemsExcludingGoodwill0.00
NetIncomeFromContinuingOperationNetMinorityInterest-269.95M-237.73M-129.87M-79.41M
ReconciledDepreciation540.00K522.00K255.00K120.00K
EBITDA-266.36M-235.37M-129.13M-79.29M
EBIT-266.90M-235.89M-129.39M-79.41M
NetInterestIncome29.09M16.72M4.43M315.00K
InterestExpense3.05M1.85M486.00K3.00K
InterestIncome32.13M18.56M4.92M318.00K
NormalizedIncome-269.95M-237.73M-129.87M-79.41M
NetIncomeFromContinuingAndDiscontinuedOperation-269.95M-237.73M-129.87M-79.41M
TotalExpenses299.34M254.76M136.08M82.69M
TotalOperatingIncomeAsReported-299.04M-254.45M-134.30M-79.73M
DilutedAverageShares67.89M44.76M32.09M11.92M
BasicAverageShares67.89M44.76M32.09M11.92M
DilutedEPS-3.07-5.31-4.05-6.66
BasicEPS-3.07-5.31-4.05-6.66
DilutedNIAvailtoComStockholders-269.95M-237.73M-129.87M-79.41M
NetIncomeCommonStockholders-269.95M-237.73M-129.87M-79.41M
NetIncome-269.95M-237.73M-129.87M-79.41M
NetIncomeIncludingNoncontrollingInterests-269.95M-237.73M-129.87M-79.41M
NetIncomeContinuousOperations-269.95M-237.73M-129.87M-79.41M
PretaxIncome-269.95M-237.73M-129.87M-79.41M
SpecialIncomeCharges0.00
NetNonOperatingInterestIncomeExpense29.09M16.72M4.43M315.00K
InterestExpenseNonOperating3.05M1.85M486.00K3.00K
InterestIncomeNonOperating32.13M18.56M4.92M318.00K
OperatingIncome-299.04M-254.45M-134.30M-79.73M
OperatingExpense299.34M254.76M136.08M82.69M
ResearchAndDevelopment238.25M159.76M100.89M56.89M
SellingGeneralAndAdministration61.08M95.00M35.18M25.80M
GeneralAndAdministrativeExpense61.08M95.00M35.18M25.80M
OtherGandA61.08M95.00M35.18M25.80M
TotalRevenue302.00K314.00K1.77M2.96M
OperatingRevenue302.00K314.00K1.77M2.96M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber80.99M53.99M41.31M23.92M
ShareIssued80.99M53.99M41.31M23.92M
TotalDebt21.09M21.05M5.26M520.00K
TangibleBookValue482.75M235.51M252.92M53.88M
InvestedCapital503.34M255.71M257.56M53.88M
WorkingCapital690.59M459.84M397.82M186.53M
NetTangibleAssets671.64M442.02M395.06M187.72M
CapitalLeaseObligations513.00K843.00K613.00K520.00K
CommonStockEquity482.75M235.51M252.92M53.88M
PreferredStockEquity188.88M206.52M142.15M133.83M
TotalCapitalization692.22M462.23M399.71M187.72M
TotalEquityGrossMinorityInterest671.64M442.02M395.06M187.72M
StockholdersEquity671.64M442.02M395.06M187.72M
GainsLossesNotAffectingRetainedEarnings-10.00K338.00K-390.00K-157.00K
OtherEquityAdjustments-10.00K338.00K-390.00K-157.00K
RetainedEarnings-995.86M-725.91M-488.17M-358.30M
AdditionalPaidInCapital1.48B960.54M741.07M412.10M
CapitalStock189.69M207.06M142.56M134.07M
CommonStock810.00K540.00K414.00K239.00K
PreferredStock188.88M206.52M142.15M133.83M
TotalLiabilitiesNetMinorityInterest70.76M48.40M40.03M15.99M
TotalNonCurrentLiabilitiesNetMinorityInterest22.89M21.77M6.68M2.36M
OtherNonCurrentLiabilities2.02M989.00K1.17M1.21M
DuetoRelatedPartiesNonCurrent1.15M
TradeandOtherPayablesNonCurrent0.00
NonCurrentDeferredLiabilities284.00K573.00K861.00K1.15M
NonCurrentDeferredRevenue284.00K573.00K861.00K1.15M
LongTermDebtAndCapitalLeaseObligation20.58M20.20M4.64M
LongTermDebt20.58M20.20M4.64M
CurrentLiabilities47.87M26.64M33.35M13.64M
OtherCurrentLiabilities100.00K100.00K100.00K100.00K
CurrentDeferredLiabilities288.00K288.00K288.00K289.00K
CurrentDeferredRevenue288.00K288.00K288.00K289.00K
CurrentDebtAndCapitalLeaseObligation513.00K843.00K613.00K520.00K
CurrentCapitalLeaseObligation513.00K843.00K613.00K520.00K
PensionandOtherPostRetirementBenefitPlansCurrent10.64M10.51M4.77M3.65M
PayablesAndAccruedExpenses36.34M14.89M27.58M9.07M
CurrentAccruedExpenses34.19M12.65M13.34M6.75M
InterestPayable154.00K154.00K39.00K
Payables2.14M2.24M14.23M2.33M
AccountsPayable2.14M2.24M14.23M2.33M
TotalAssets742.40M490.42M435.09M203.71M
TotalNonCurrentAssets3.94M3.95M3.92M3.55M
OtherNonCurrentAssets501.00K604.00K982.00K1.49M
NetPPE3.44M3.34M2.94M2.06M
AccumulatedDepreciation-1.27M-1.05M-2.00M-1.78M
GrossPPE4.71M4.39M4.94M3.83M
Leases254.00K670.00K1.11M749.00K
OtherProperties3.35M2.81M2.77M2.46M
MachineryFurnitureEquipment1.11M906.00K1.06M627.00K
Properties0.000.000.000.00
CurrentAssets738.46M486.48M431.17M200.16M
OtherCurrentAssets20.88M9.01M6.52M2.75M
PrepaidAssets2.75M
Receivables0.00102.00K102.00K451.00K
OtherReceivables102.00K102.00K451.00K
CashCashEquivalentsAndShortTermInvestments717.58M477.37M424.55M196.97M
OtherShortTermInvestments617.99M374.54M268.97M154.67M
CashAndCashEquivalents99.59M102.83M155.58M42.30M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-232.83M-185.07M-94.64M-54.92M
RepaymentOfDebt0.00
IssuanceOfDebt0.0015.00M5.00M0.00
IssuanceOfCapitalStock478.66M201.26M335.87M131.20M
CapitalExpenditure-511.00K-898.00K-797.00K-338.00K
InterestPaidSupplementalData1.82M886.00K293.00K0.00
EndCashPosition99.59M102.83M155.58M42.30M
BeginningCashPosition102.83M155.58M42.30M45.90M
ChangesInCash-3.23M-52.75M113.28M-3.60M
FinancingCashFlow457.74M225.67M322.24M125.28M
CashFlowFromContinuingFinancingActivities457.74M225.67M322.24M125.28M
NetOtherFinancingCharges-26.94M-12.31M-22.51M-8.28M
ProceedsFromStockOptionExercised6.02M21.72M3.88M2.35M
NetPreferredStockIssuance25.00M76.19M44.00M16.96M
PreferredStockIssuance25.00M76.19M44.00M16.96M
NetCommonStockIssuance453.66M125.07M291.87M114.24M
CommonStockIssuance453.66M125.07M291.87M114.24M
NetIssuancePaymentsOfDebt0.0015.00M5.00M0.00
NetLongTermDebtIssuance0.0015.00M5.00M0.00
LongTermDebtPayments0.00
LongTermDebtIssuance0.0015.00M5.00M0.00
InvestingCashFlow-228.65M-94.25M-115.13M-74.29M
CashFlowFromContinuingInvestingActivities-228.65M-94.25M-115.13M-74.29M
NetInvestmentPurchaseAndSale-228.14M-93.35M-114.33M-74.03M
SaleOfInvestment466.93M314.53M108.94M114.40M
PurchaseOfInvestment-695.07M-407.88M-223.26M-188.43M
NetBusinessPurchaseAndSale0.00
SaleOfBusiness0.00
NetPPEPurchaseAndSale-511.00K-898.00K-797.00K-259.00K
SaleOfPPE0.000.0079.00K
PurchaseOfPPE-511.00K-898.00K-797.00K-338.00K
OperatingCashFlow-232.32M-184.17M-93.84M-54.58M
CashFlowFromContinuingOperatingActivities-232.32M-184.17M-93.84M-54.58M
ChangeInWorkingCapital9.60M-9.43M15.96M1.72M
ChangeInOtherWorkingCapital-288.00K-288.00K-288.00K636.00K
ChangeInPayablesAndAccruedExpense21.55M-7.03M19.24M3.04M
ChangeInAccruedExpense21.62M5.01M7.72M1.38M
ChangeInPayable-73.00K-12.04M11.52M1.66M
ChangeInAccountPayable-73.00K-12.04M11.52M1.66M
ChangeInPrepaidAssets-11.77M-2.11M-3.34M-1.50M
ChangeInReceivables102.00K0.00349.00K-451.00K
OtherNonCashItems548.00K6.60M264.00K7.49M
StockBasedCompensation42.15M67.17M19.77M14.46M
AmortizationOfSecurities-15.65M-11.49M-210.00K965.00K
DepreciationAmortizationDepletion540.00K522.00K255.00K120.00K
DepreciationAndAmortization540.00K522.00K255.00K120.00K
OperatingGainsLosses449.00K182.00K73.00K
GainLossOnInvestmentSecurities-4.00K
GainLossOnSaleOfPPE449.00K1.00K0.0077.00K
NetIncomeFromContinuingOperations-269.95M-237.73M-129.87M-79.41M
SEC Filings

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

Public Trades for VRDN
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