Apellis Pharmaceuticals, Inc.

Apellis Pharmaceuticals, Inc.

APLSยทNASDAQ

$41.03

-0.073%
HealthcareBiotechnology

Apellis Pharmaceuticals, Inc., a commercial-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of therapeutic compounds through the inhibition of the complement system for autoimmune and inflammatory diseases. The company's lead product candidate is pegcetacoplan that is in Phase III clinical trials for the treatment of geographic atrophy (GA) in age-related macular degeneration and paroxysmal nocturnal hemoglobinuria (PNH) diseases. It also develops EMPAVELI (systemic pegcetacoplan) for the treatment of cold agglutinin disease (CAD), and hematopoietic stem cell transplantation-associated thrombotic microangiopathy (HSCT-TMA) in hematology; C3 glomerulopathy (C3G), and immune complex membranoproliferative glomerulonephritis (IC-MPGN) in nephrology; and amyotrophic lateral sclerosis (ALS) in neurology. In addition, the company develops APL-2006, a bispecific C3 and VEGF inhibitor for treating complement-mediated disorders; APL-1030, a C3 inhibitor for the treatment of multiple neurodegenerative diseases; and the combination of EMPAVELI and a small interfering RNA, or siRNA for reducing the production of C3 proteins by the liver. It has a collaboration and license agreement with Swedish Orphan Biovitrum AB (publ) to co-develop pegcetacoplan; and a research collaboration with Beam Therapeutics Inc. focused on the use of Beam's base editing technology to discover new treatments for complement-driven diseases. Apellis Pharmaceuticals, Inc. was incorporated in 2009 and is based in Waltham, Massachusetts.

At a Glance

Live Snapshot
Market Cap$5.25B
EPS0.1800
P/E Ratio227.94
Earnings Date07/30/2026
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Apellis Pharmaceuticals, Inc. Street Expectations Map

APLS ยท NASDAQ

Wall Street analysts project that APLS stock may decline over the coming 12 months. The consensus 1-year price target stands at 33.40, with estimates ranging from a low of 19.00 to a high of 48.00.

Lowest Target
19.00
-53.69%
Consensus Target
33.40
-18.60%
Highest Target
48.00
16.99%

The consensus 1-year price target stands at 33.40, with estimates ranging from a low of 19.00 to a high of 48.00.

Analyst Consensus Analysis

Upside Potential

-18.6%

Significant downside risk. Stock trading well above analyst consensus suggests elevated valuation concerns and potential correction.

Analyst Agreement

86.8% spread

High uncertainty. Very wide target spread indicates significant disagreement among analystsโ€”major valuation uncertainty or transformation underway.

Risk-Reward Profile

0.32x

Unfavorable risk-reward. Downside risk exceeds upside potential. Consider defensive positioning or alternative opportunities.

Analyst Conviction

Low

High uncertainty: Wide dispersion indicates analysts struggle to agree on valuationโ€”proceed with caution and independent analysis.

Market Sentiment Insight

Extreme uncertainty: Massive dispersion in price targets reflects fundamental disagreement on business trajectory. This could signal transformation, disruption, or complex valuationโ€”requires deep sector expertise and contrarian mindset.

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Apellis Pharmaceuticals, Inc. Forward Estimates of Revenue

APLS ยท NASDAQ
Latest Revenue
1.00B
FY 2025
Avg Estimate
871.41M
FY 2026
Estimate Range
807.27M - 957.48M
Analyst Spread

Forward Growth Analysis

Projected Growth-13.2%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage7 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread17%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Apellis Pharmaceuticals, Inc. Forward Estimates of Net Income

APLS ยท NASDAQ
Latest Net Income
22.39M
FY 2025
Avg Estimate
-102.41M
FY 2026
Estimate Range
-248.78M - -43.17M
Analyst Spread

Forward Growth Analysis

Projected Growth-557.4%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage7 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread201%

Wide estimate range reveals significant forecast uncertainty and potential volatility.

OutlookCautious

Analyst skepticism evidentโ€”carefully evaluate risks before investment decisions.

Key Insight

Declining estimates with wide disagreement: Analysts projecting contraction without consensus signals significant business uncertaintyโ€”exercise caution.

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Apellis Pharmaceuticals, Inc. Forward Estimates of EPS

APLS ยท NASDAQ
Latest EPS
0.18
FY 2025
Avg Estimate
$-1.03
FY 2026
Estimate Range
$-1.97 - $-0.34
Analyst Spread

Forward Growth Analysis

Projected Growth-670.9%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage8 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread159%

Wide estimate range reveals significant forecast uncertainty and potential volatility.

OutlookCautious

Analyst skepticism evidentโ€”carefully evaluate risks before investment decisions.

Key Insight

Declining estimates with wide disagreement: Analysts projecting contraction without consensus signals significant business uncertaintyโ€”exercise caution.

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Apellis Pharmaceuticals, Inc. Forward Estimates of EBIT

APLS ยท NASDAQ
Latest EBIT
68.44M
FY 2025
Avg Estimate
-545.83M
FY 2026
Estimate Range
-599.74M - -505.66M
Analyst Spread

Forward Growth Analysis

Projected Growth-897.6%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage7 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread17%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Apellis Pharmaceuticals, Inc. Forward Estimates of EBITDA

APLS ยท NASDAQ
Latest EBITDA
70.00M
FY 2025
Avg Estimate
-545.16M
FY 2026
Estimate Range
-599.01M - -505.03M
Analyst Spread

Forward Growth Analysis

Projected Growth-878.9%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage7 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread17%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Apellis Pharmaceuticals, Inc. Forward Estimates of SG&A Expense

APLS ยท NASDAQ
Latest SG&A Expense
550.26M
FY 2025
Avg Estimate
1.53B
FY 2026
Estimate Range
1.42B - 1.68B
Analyst Spread

Forward Growth Analysis

Projected Growth+178.2%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage7 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread17%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Apellis Pharmaceuticals, Inc. Insider Positioning

APLS ยท NASDAQ

During the last 12 months, insiders have sold $16.18M worth of APLS shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

123.6K

2.69M

Net Activity

-2.7M

-$2.69M

6-9 Months

Bought

0

0.00

Sold

148.5K

3.59M

Net Activity

-3.6M

-$3.59M

9-12 Months

Bought

0

0.00

Sold

399.6K

9.91M

Net Activity

-9.9M

-$9.91M

Top Buyers

No buying activity

Top Sellers

1
FC

Francois Cedric

Director, Officer: Chief Executive Officer

429.6K sharesโ€ข8 transactions

$10.54M

2
DAS

Dunlop A. Sinclair

Director

93.3K sharesโ€ข3 transactions

$2.15M

3
WDO

Watson David O.

Officer: General Counsel

71.1K sharesโ€ข11 transactions

$1.67M

4
STE

Sullivan Timothy Eugene

Officer: Chief Financial Officer

37.0K sharesโ€ข5 transactions

$925K

5
NN

Nicholson Nur

Officer: Chief Technical Officer

12.5K sharesโ€ข3 transactions

$270K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $16.18M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.