SRRK · NASDAQ · Biotechnology

Scholar Rock (SRRK)

Develops anti-myostatin antibodies for spinal muscular atrophy and other neuromuscular diseases.

$50.81
vs last close+2.65 (+5.50%)
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Scholar Rock Holding CorporationSRRK
Health Care

Develops selective antibody therapies for spinal muscular atrophy and other rare neuromuscular diseases, led by the investigational myostatin inhibitor apitegromab. With no approved products or product sales, the business depends on regulatory clearance, launch execution, and third-party manufacturing.

Develops antibody medicines that selectively block activation of latent growth factors, with a strategic focus on rare neuromuscular diseases. Apitegromab, an investigational myostatin inhibitor, has completed a successful pivotal study in spinal muscular atrophy and is under U.S. and European regulatory review. Studies in younger SMA patients and facioscapulohumeral muscular dystrophy, a subcutaneous apitegromab formulation, and SRK-439 extend the anti-myostatin pipeline.

Prepares for potential launches in the United States and Europe while seeking partners for oncology, fibrosis, anemia, and weight-loss combination programs. No product has been approved or generated product sales. Commercialization depends on regulatory clearance, reimbursement, and third-party manufacturing; following an adverse inspection classification at the original fill-finish provider, the U.S. application is proceeding with an alternate facility.

Company facts

CEODavid L. Hallal
ListedMay 24, 2018
ExchangeNASDAQ
HeadquartersCambridge, MA
CountryUnited States
Employees289
CIK0001727196
ISINUS80706P1030

Market cap$5.77B
EPS (ttm)−$3.31
P/E (ttm)−14.55
ROE-160.2%
P/B22.74
P/S
Dividend yieldDiv yield
Beta0.96vs XLV 0.50

Price target$70.00+45.3%Average of 14 analysts
ConsensusBuy13 of 14 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 21, 2026Cantor FitzgeraldReiterate
Rating: Target:
Rating: NeutralTarget: $70
Sep 15, 2026Evercore ISIReiterate
Rating: Target:
Rating: OutperformTarget: $72
Sep 15, 2026WedbushReiterate
Rating: Target: $64
Rating: OutperformTarget: $70
Sep 15, 2026Piper SandlerReiterate
Rating: Target: $58
Rating: OverweightTarget: $75
Sep 15, 2026H.C. WainwrightReiterate
Rating: Target: $65
Rating: BuyTarget: $70

Next report
Nov 13, 26
in 52 days
EPS estimate
−$0.86
Revenue estimate
$732.5K
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.60−$0.67−$0.98−$0.90−$0.88−$0.83−$0.84Pending
Estimate−$0.60−$0.63−$0.66−$0.84−$0.88−$0.82−$0.84−$0.86
Surprise0.0%−6.3%−48.5%−7.8%+0.3%−1.2%+0.1%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$0Pending
Estimate$55.6K$50.0K$1.8M$5.0M$70.0K$732.5K
Surprise−100.0%
Estimate−$0.86
ReportedDue Nov 13, 2026
Estimate$732.5K
ReportedDue Nov 13, 2026
View details

Debt to equity80.30%
Current ratio702.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$0$0$0
Net income−$64.5M−$66.5M−$74.7M−$110.0M−$102.2M−$91.0M−$105.5M−$109.9M
Net margin

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$64.8M−$69.4M−$77.1M−$112.1M−$103.6M−$91.9M−$102.0M−$108.9M
YoY growthLoss widenedLoss widenedLoss widenedLoss widenedLoss widenedLoss widenedLoss widenedLoss narrowed

Balance sheet, Jun 30, 2026Cash & short-term investments $492.1M · Total debt $203.8M · Total assets $523.5M · Shareholders' equity $253.8M

Revenue
$0
Operating income
−$108.9M
Net income
−$109.9M
View details

No dividends on record.

Institutions114.62%139.59M shares
317 holders · as of Jun 30, 2026
Insiders9.96%12.13M shares
20 holders · as of Jul 6, 2026
Strategic holders8.89%10.83M shares
1 holder · as of Feb 6, 2026
Adds to133.47%

121.79M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 133.47%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
FMR LLCInstitution
14.78%18.00Mas of Jun 30, 2026
Invus Global Management, LLCStrategic10 percent owner
8.89%10.83Mfiled Feb 6, 2026
Siren, L.L.C.Institution
7.86%9.58Mas of Jun 30, 2026
BlackRock, Inc.Institution
7.80%9.49Mas of Jun 30, 2026
Srinivas AkkarajuInsider
5.74%6.99Mfiled Oct 7, 2025

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jul 1, 2026Katie Pengdirector−5,446$53.88
Jul 1, 2026Joshua Reeddirector−3,053$53.74
Jul 1, 2026Kristina Burowdirector−3,053$53.74
Jul 1, 2026Michael Gilmandirector−2,544$53.87
Jul 1, 2026Jeffrey S. Flierdirector−3,053$53.88
View details

  • Biogen

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Compare

CompanyPriceChange
Scholar Rock$50.81+5.50%$5.77B
Biogen$225.27+2.83%$32.37B38.817.03.3+3.4%
Novartis (ADR)$141.28+0.21%$267.96B21.315.04.8+0.9%
Dyne Therapeutics$17.40+1.61%$3.20B
Median30.016.04.0+2.2%