<div id="readability-page-1"><p><span>Black Diamond Therapeutics (NASDAQ:BDTX - Get Free Report)</span> was downgraded by equities researchers at Guggenheim from a &#34;buy&#34; rating to a &#34;neutral&#34; rating in a note issued to investors on Wednesday, MarketBeat reports.</p><p>Other equities research analysts also recently issued research reports about the stock. HC Wainwright lowered their price objective on shares of Black Diamond Therapeutics from $12.00 to $10.00 and set a &#34;buy&#34; rating for the company in a research report on Monday, August 11th. Stifel Nicolaus began coverage on Black Diamond Therapeutics in a report on Wednesday, October 15th. They set a &#34;buy&#34; rating and a $8.00 target price for the company. Zacks Research downgraded Black Diamond Therapeutics from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research note on Friday, October 10th. Weiss Ratings  restated a &#34;sell (d+)&#34; rating on shares of Black Diamond Therapeutics in a report on Monday. Finally, Piper Sandler assumed coverage on Black Diamond Therapeutics in a report on Tuesday, November 18th. They set an &#34;overweight&#34; rating and a $9.00 price objective for the company. One analyst  has rated the stock with a Strong Buy rating, four have given a Buy rating, two have given a Hold rating and one  has assigned  a Sell rating to the stock. According to data from MarketBeat.com, Black Diamond Therapeutics  has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $9.50.</p><p><b>View Our Latest Analysis on BDTX</b></p><h2>Black Diamond Therapeutics Price Performance</h2><p>Shares of Black Diamond Therapeutics stock traded down $0.83 during trading hours on Wednesday, hitting $2.62. The company's stock had a trading volume of 7,880,188 shares, compared to its average volume of 1,694,199. The company has a market capitalization of $149.20 million, a PE ratio of 7.31 and a beta of 3.33. The stock has a 50 day moving average of $3.90 and a 200 day moving average of $3.11. Black Diamond Therapeutics has a 12 month low of $1.20 and a 12 month high of $4.94. </p><p>Black Diamond Therapeutics (NASDAQ:BDTX - Get Free Report) last issued its quarterly earnings data on Thursday, November 6th. The company reported ($0.15) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.22) by $0.07.  Equities analysts expect that  Black Diamond Therapeutics will post -1.3 EPS for the current year. </p><h2>Institutional Trading of Black Diamond Therapeutics</h2><p>A number of large investors have recently added to or reduced their stakes in BDTX. R Squared Ltd acquired a new position in  Black Diamond Therapeutics in the 2nd quarter valued at $25,000.  Cerity Partners LLC bought a new stake in shares of  Black Diamond Therapeutics in the second quarter valued at about $26,000.  Hudson Bay Capital Management LP bought a new stake in shares of  Black Diamond Therapeutics in the second quarter valued at about $26,000.  Wealth Enhancement Advisory Services LLC acquired a new position in shares of  Black Diamond Therapeutics in the second quarter valued at about $28,000.  Finally, American Century Companies Inc. bought a new position in  Black Diamond Therapeutics during the second quarter worth about $30,000. Institutional investors and hedge funds own  95.47% of the company's stock. </p><h2>About Black Diamond Therapeutics</h2> (Get Free Report)<p>Black Diamond Therapeutics, Inc, a clinical-stage oncology medicine company, focuses on the discovery and development of MasterKey therapies for patients with genetically defined tumors. The company's lead product candidate is BDTX-1535, a brain-penetrant epidermal growth factor receptor MasterKey inhibitor, which is in phase 2 clinical trial for the treatment of epidermal growth factor receptor mutant non-small cell lung cancer, as well as phase 1 clinical trial to treat glioblastoma.</p><h2>Read More</h2><ul><li>Five stocks we like better than Black Diamond Therapeutics</li><li>How to Plot Fibonacci Price Inflection Levels </li><li>NASA Calls, Plug Answers: A Turning Point for Hydrogen?</li><li>What Are Dividends? Buy the Best Dividend Stocks</li><li>Will 2026 Mark a Turnaround for Costco?</li><li>Why is the Ex-Dividend Date Significant to Investors?</li><li>The AI Boom Is Powering an Unexpected Stock Surge—And These 3 Companies Are Winning Big</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QkRUWA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QkRUWA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Black Diamond Therapeutics Right Now?</h2><p>Before you consider Black Diamond Therapeutics, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Black Diamond Therapeutics wasn't on the list.</p><p>While Black Diamond Therapeutics currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

BDTX

<p>Guggenheim downgraded Black Diamond Therapeutics (NASDAQ:BDTX) from a "buy" rating to a "neutral" rating. Other analysts have mixed ratings, with some downgrading and others maintaining "buy" ratings. The stock's price target has been adjusted by various analysts, and the company's shares recently traded at $2.62. Institutional investors have shown interest in the company. Black Diamond Therapeutics focuses on developing therapies for genetically defined tumors.</p>

Black Diamond Therapeutics (NASDAQ:BDTX) Stock Rating Lowered by Guggenheim