NASDAQ$NUVL

Nuvalent Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Nuvalent made significant progress across its pipeline of novel kinase inhibitors and reported fourth quarter and full year 2022 financial results.

Nuvalent reported a strong financial position with $472.2 million in cash, cash equivalents and marketable securities, which is expected to fund operations into the second half of 2025. The company highlighted progress in its clinical trials for NVL-520 and NVL-655 and the nomination of NVL-330 as a third development candidate.

  • Presented preliminary Phase 1 data supportive of the potential best-in-class profile of NVL-520 as a brain-penetrant, ROS1-selective inhibitor.
  • Initiated clinical development with NVL-655, a brain penetrant, ALK-selective inhibitor, in the Phase 1 portion of its ongoing ALKOVE-1 Phase 1/2 study.
  • Declared a third development candidate, NVL-330, a novel HER2-selective inhibitor for patients with HER2 exon 20 insertion-positive cancers.
  • Cash, cash equivalents and marketable securities were $472.2 million as of December 31, 2022, expected to fund operations into the second half of 2025.

Headline financials

EPS (adj)

-$0.49

Previous: -$0.36-36.1%
Net Income

-$26.1M

Previous: -$17.3M-51.0%
Operating Income

-$29.3M

Previous: -$17.4M-68.6%
Cash & Equivalents

$472M

Previous: $288M+63.9%
Total Assets

$482M

Previous: $294M+64.2%
Stock-Based Comp

$3.02M

Previous: $1.39M+117.4%

Revenue & EPS history

Nuvalent · Revenue · Quarterly

$6M

Q3 2025

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

-0.0%

Avg return

Earnings day

-0.8%

Avg return

5 days after

-7.7%

Avg return

30 days after

38%

8 / 21 earnings

Positive

+14.6%

Q4 2021

Best reaction

-5.0%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-0.5%-4.1%-7.5%
Q3 2025-5.0%-11.6%+6.2%
Q1 2025+3.2%+3.7%+10.2%
Q4 2024-2.8%-7.0%-5.2%
Q3 2024-4.3%-8.0%-8.0%
Q1 2024-3.1%+0.7%+17.2%
Q4 2023-1.4%+0.6%-13.3%
Q3 2023+3.7%+5.0%+38.8%
Q2 2023-1.1%-3.1%+9.2%
Q1 2023-2.5%-1.1%+3.5%
Q4 2022+8.3%+4.7%+0.9%
Q3 2022+1.0%+2.9%-2.1%
Q2 2022+4.5%+9.3%+13.1%
Q1 2022-0.7%+7.3%+16.1%
Q4 2021+14.6%+20.2%-8.1%
Q3 2020+1.3%-14.7%-2.4%
Q3 2021+1.3%-10.4%-20.1%
Q2 2020-4.3%-2.9%-52.6%
Q1 2021-4.3%-2.9%-52.6%
Q2 2021-4.3%-2.9%-52.6%
Q4 2020-4.3%-2.9%-52.6%
Q1 2020

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