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EVMN

Evommune, Inc.distress 3/10 · well-funded / low risk
$11.24-1%today-64% from 52w high
evommune.com48 employeesFounded 2020Palo Alto, CABiotechnology
Dermatology 1Immunology / Inflammation 1
Lead: atopic dermatitis (AD) · est. market ~$15B (approx, global)
Revenue
pre-revenue
Liquidity
$307M
Runway
3.5 yrs
Shares 1y
+14%

Price & events

-40.5% over 6M
$11.24$21.41$31.57Jan 26Apr 26Jul 2616.0Mdilution: 424B3 offering (2026-06-29)dilution: 424B3 offering (2026-06-02)dilution: 424B3 offering (2026-05-07)dilution: EFFECT shelf_effective (2026-04-24)dilution: 424B3 offering (2026-04-24)dilution: S-1 shelf_registration (2026-04-17)financing: 8-K private_placement (2026-02-13)catalyst: PHASE2 EVO756 (2026-07-01) — click to opencatalyst: PHASE2 EVO756 (2026-06-30) — click to opencatalyst: PHASE2 EVO756 (2026-06-30) — click to opencatalyst: PHASE2 EVO756 (2026-06-30) — click to opencatalyst: EVO756 (2026-06-09) — click to opencatalyst: EVO756 (2026-06-04) — click to opencatalyst: PHASE2 EVO756 (2026-06-01) — click to opencatalyst: EVO301 (2026-05-13) — click to openrating: HC Wainwright & Co.: Buy → Neutral (2026-06-30)rating: Morgan Stanley: Overweight (2026-06-30)rating: William Blair: Outperform → Market Perform (2026-06-29)rating: HC Wainwright & Co.: Buy (2026-05-26)rating: Morgan Stanley: Overweight (2026-05-11)rating: RBC Capital: Outperform (2026-04-10)rating: Clear Street: Buy (2026-03-18)rating: HC Wainwright & Co.: Buy (2026-03-18)
CatalystRating changeDilutionFinancingdashed = today
-1.4%
1D
-4.0%
1W
-53.6%
1M
-56.5%
3M
-40.4%
6M
1Y
2Y
5Y
-44.4%
All

Overview

Market Cap
$405.03M
Volume
15.88K
52 Week Range
$11.24 – $31.57
Total Shares
36.02M
Float Shares
18.07M
Short %
19.71%
% Held by Insiders
3.18%
% Held by Institutions
111.00%
RVOL
0.01x

Pipeline stages · 2 programs

EVO756, Dose 1, Dose 2
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2027-10
EVO301
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved

Pipeline · 5 trials · 1 upcoming

ReadoutPhaseDrugIndicationEnrollStatus
2027-10
Estimated 50%
readout ~2027-11-15
Phase 2EVO756, Dose 1, Dose 2Migrainerecruiting
2026-07
Phase 2EVO756Atoptic Dermatitis120active not recruiting
2026-06
Phase 2EVO756Chronic Spontaneous Urticaria160active not recruiting
2025-11-17
Phase 2EVO301Atopic Dermatitis (AD), Eczema, Eczema Atopic Dermatitis71completed
2025-05-08
Phase 2Oral EVO756 300 mg QD, Oral EVO756 50 mg BIDChronic Inducible Urticaria30completed

Upcoming readouts & decisions · our signals

1 upcoming event has our read — the sell-the-news timing call plus an experimental clinical estimate. Go Pro to see them.

Catalyst news & presentations · 9

Approved drugs (0)

  • none — clinical-stage

Capital structure — dilution & financing

Shares out: 36,018,372 · 7 offerings/1y · 1 PIPEs
  • 2026-06-29424B3offering
  • 2026-06-02424B3offering
  • 2026-05-07424B3offering
  • 2026-04-24424B3offering
  • 2026-04-24EFFECTshelf_effective
  • 2026-04-17S-1shelf_registration
  • 2026-02-138-Kprivate_placement
🔒 Positioning — Pro
Short interest / days-to-cover, insider buys & sells.
Upgrade to Pro
🔒 Top holders — Pro
Institutional ownership + quarter-over-quarter accumulation/trimming.
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Wall St ratings

buy · target $31 (+177% upside) · 7 analysts
  • 2026-06-30HC Wainwright & Co.Buy → Neutral
  • 2026-06-30Morgan StanleyOverweight
  • 2026-06-29William BlairOutperform → Market Perform
  • 2026-05-26HC Wainwright & Co.Buy
  • 2026-05-11Morgan StanleyOverweight
  • 2026-04-10RBC CapitalOutperform

Competitors — atopic dermatitis (AD)

  • none identified

Not financial advice. Data: ClinicalTrials.gov, SEC EDGAR, FINRA, Nasdaq, Yahoo.