CRNX (Crinetics Pharmaceuticals, Inc.) Stock Analysis - News

Crinetics Pharmaceuticals, Inc. (CRNX) is a publicly traded Healthcare sector company. As of May 21, 2026, CRNX trades at $36.28 with a market cap of $3.66B and a P/E ratio of -7.30. CRNX moved +3.84% today. Year to date, CRNX is -24.72%; over the trailing twelve months it is +15.62%. Its 52-week range spans $24.10 to $62.53. Analyst consensus is strong buy with an average price target of $86.00. Rallies surfaces CRNX's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.

What changed in CRNX news today?

Crinetics Launches Palsonfi with 50% QuickStart Patients, Maintains $1B Cash Runway: Crinetics defined normalization of urinary cortisol as the primary endpoint for its Palsonfi phase 2/3 study, enabling measurement of biochemical markers alongside clinical outcomes like glucose and blood pressure improvements. The company has 50% of patients on QuickStart, 200 Q4 enrollments and over $1 billion cash supporting operations into 2030.

CRNX Key Metrics

Key financial metrics for CRNX
MetricValue
Price$36.28
Market Cap$3.66B
P/E Ratio-7.30
EPS$-4.95
Dividend Yield0.00%
52-Week High$62.53
52-Week Low$24.10
Volume581.00K
Avg Volume0
Revenue (TTM)$7.70M
Net Income$-465.32M
Gross Margin86.02%

Latest CRNX News

Recent CRNX Insider Trades

  • Knight Jeff E. sold 85.16K (~$3.42M) on Apr 8, 2026.
  • Knight Jeff E. sold 5.95K (~$220.80K) on Mar 16, 2026.
  • Knight Jeff E. sold 3.96K (~$149.61K) on Mar 16, 2026.

CRNX Analyst Consensus

10 analysts cover CRNX: 0 strong buy, 10 buy, 0 hold, 0 sell, 0 strong sell. Consensus rating is strong buy. Average price target: $86.00.

Common questions about CRNX

What changed in CRNX news today?
Crinetics Launches Palsonfi with 50% QuickStart Patients, Maintains $1B Cash Runway: Crinetics defined normalization of urinary cortisol as the primary endpoint for its Palsonfi phase 2/3 study, enabling measurement of biochemical markers alongside clinical outcomes like glucose and blood pressure improvements. The company has 50% of patients on QuickStart, 200 Q4 enrollments and over $1 billion cash supporting operations into 2030.
Does Rallies summarize CRNX news?
Yes. Rallies summarizes CRNX news with ticker-specific context, catalysts, source links, and AI-generated market summaries when news is available.
Is CRNX research on Rallies investment advice?
No. Rallies provides research, data, and educational context for CRNX. It does not provide personalized investment advice.
CRNX

CRNX