Earnings Update: Intellia Therapeutics, Inc. (NASDAQ:NTLA) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts
Intellia Therapeutics (NASDAQ: NTLA) reported first-quarter results that surpassed analyst expectations, with revenues of US$15m beating forecasts by 9.0% and statutory losses being 9.0% smaller than anticipated. Following these results, analysts maintained their revenue forecasts for 2026 at US$60.4m but moderately upgraded their loss per share forecasts to US$3.25, suggesting an improvement in sentiment. The average price target remained steady at US$26.65, though there is a wide spread in analyst valuations, indicating divergent views on the company's future performance.
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