HC Wainwright Brokers Boost Earnings Estimates for SLGL

Sol-Gel Technologies Ltd. (NASDAQ:SLGL) – Analysts at HC Wainwright increased their Q2 2026 earnings per share (EPS) estimates for Sol-Gel Technologies in a report released on Monday, July 20th. HC Wainwright analyst R. Selvaraju now forecasts that the company will earn ($1.29) per share for the quarter, up from their prior forecast of ($1.81). HC Wainwright has a “Buy” rating and a $110.00 price target on the stock. The consensus estimate for Sol-Gel Technologies’ current full-year earnings is ($9.10) per share. HC Wainwright also issued estimates for Sol-Gel Technologies’ Q3 2026 earnings at ($1.71) EPS, Q4 2026 earnings at ($1.72) EPS, Q1 2027 earnings at ($1.17) EPS, Q2 2027 earnings at ($1.09) EPS, Q3 2027 earnings at ($1.29) EPS, Q4 2027 earnings at ($1.42) EPS and FY2027 earnings at ($4.97) EPS.

Several other analysts have also recently commented on SLGL. Weiss Ratings cut shares of Sol-Gel Technologies from a “sell (d+)” rating to a “sell (d-)” rating in a research note on Thursday, June 4th. TD Cowen began coverage on shares of Sol-Gel Technologies in a research report on Friday, May 29th. They set a “buy” rating on the stock. Wall Street Zen cut shares of Sol-Gel Technologies from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Mizuho initiated coverage on shares of Sol-Gel Technologies in a research report on Wednesday, June 24th. They set an “outperform” rating and a $285.00 price target for the company. Finally, Lifesci Capital raised Sol-Gel Technologies to a “strong-buy” rating in a research note on Friday, May 15th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $197.50.

Sol-Gel Technologies Stock Performance

Shares of NASDAQ SLGL opened at $80.55 on Wednesday. Sol-Gel Technologies has a one year low of $9.17 and a one year high of $97.97. The firm has a market capitalization of $226.35 million, a P/E ratio of -236.90 and a beta of 1.12. The company’s fifty day moving average is $74.69 and its two-hundred day moving average is $73.56.

Sol-Gel Technologies (NASDAQ:SLGL) last released its quarterly earnings data on Thursday, May 28th. The company reported ($1.31) earnings per share (EPS) for the quarter, topping the consensus estimate of ($2.86) by $1.55. Sol-Gel Technologies had a negative return on equity of 3.17% and a negative net margin of 5.66%.The firm had revenue of $0.11 million during the quarter, compared to analysts’ expectations of $0.90 million.

Hedge Funds Weigh In On Sol-Gel Technologies

Several hedge funds have recently added to or reduced their stakes in SLGL. Yelin Lapidot Holdings Management Ltd. purchased a new stake in shares of Sol-Gel Technologies in the fourth quarter valued at about $748,000. Opaleye Management Inc. increased its stake in shares of Sol-Gel Technologies by 121.5% during the 4th quarter. Opaleye Management Inc. now owns 453,739 shares of the company’s stock worth $19,121,000 after purchasing an additional 248,904 shares in the last quarter. Finally, Affinity Asset Advisors LLC purchased a new position in shares of Sol-Gel Technologies during the 1st quarter worth approximately $2,773,000. 26.18% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Sol-Gel Technologies news, major shareholder Opaleye Management Inc. acquired 1,937 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were acquired at an average cost of $66.87 per share, for a total transaction of $129,527.19. Following the transaction, the insider directly owned 488,437 shares of the company’s stock, valued at approximately $32,661,782.19. This represents a 0.40% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Over the last three months, insiders acquired 5,678 shares of company stock worth $393,758. Insiders own 66.51% of the company’s stock.

Key Sol-Gel Technologies News

Here are the key news stories impacting Sol-Gel Technologies this week:

• Positive Sentiment: HC Wainwright maintained a Buy rating on Sol-Gel Technologies and set a $110 price target, signaling meaningful upside from current levels.
• Positive Sentiment: The firm raised its Q2 2026 EPS estimate to a loss of $1.29 from a larger prior loss, indicating a better-than-expected outlook.
• Positive Sentiment: HC Wainwright also improved its Q3 2026 EPS estimate to a loss of $1.71 from $1.78, suggesting gradual earnings improvement.
• Positive Sentiment: The analyst average rating reported by the news flow was “Moderate Buy,” which reinforces generally constructive Street sentiment toward SLGL.
• Neutral Sentiment: HC Wainwright’s FY2027 EPS estimate of a $4.97 loss still points to continued unprofitability, even though it is better than the current-year consensus loss of $9.10 per share.
• Negative Sentiment: The company is still expected to post losses across the forecast period, and the lowered Q4 2026 EPS estimate to a $1.72 loss may temper enthusiasm.

About Sol-Gel Technologies

Sol-Gel Technologies, Inc (NASDAQ: SLGL) is a U.S.-based advanced materials company specializing in the development and commercialization of nanostructured materials using proprietary sol-gel processes. Leveraging expertise in materials chemistry and thin-film deposition, the company focuses on the production of metal oxide powders, sols, coatings and functional inks designed to enhance performance in a variety of industrial and commercial applications.

The company’s product portfolio includes corrosion- and abrasion-resistant coatings, dielectric and conductive films, catalyst supports and specialty fillers.