Market open · Delayed intraday data · 10:24 AM ET
Last update: Nov 3, 2026, 10:24 AM ET
Rhythm Pharmaceuticals, Inc.
$84.16▼ 9.93% today
Market Open

Why Rhythm Pharmaceuticals, Inc. (RYTM) stock moved

Updated Nov 3, 2026

Rhythm Pharmaceuticals, Inc. (RYTM) shares tumbled 9.9% to $84.16 as of November 3, 2026, a significant decline from the prior close of $93.44. BestStocks flagged the session as a major change for RYTM. The move is tied to an earnings beat. Below, we break down what changed for RYTM, why it matters for investors, how the stock reacted, and the catalysts on the calendar.

What happened

Earnings Beat

Rhythm Pharmaceuticals, Inc. (RYTM) reported EPS of −$0.61 vs. −$0.71 consensus estimate, beating expectations by 14.0% on 2026-11-03. RYTM earnings on 2027-02-25 for confirmation of whether the loss-reduction trend continues.

This summary describes the catalyst and move as first detected on Nov 3, 2026, 10:08 AM EST; the stock has continued trading since, so the current price and percentage move (shown above) may be larger or smaller than the figures here.
Material / EarningsHigh confidence
Rel. volume
3.1×
Extreme
Vs peers
—
No comparable peers
Market cap
$5.8B
NASDAQ Global Market
Analyst target
$144
+71.6% vs price
Price chart
Nov 3
Not enough price data.
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details

What it means for Rhythm Pharmaceuticals, Inc. investors

For Rhythm Pharmaceuticals, Inc. investors, the recent signals add up to a strong bearish shift. On the constructive side: Earnings beat — stock sold off (sell-the-news reaction); Rhythm Pharmaceuticals, Inc. (RYTM) moved +5.52% from $100.25 to $105.78 on 2026-08-04. Weighing against that: Sharp 9.9% decline — elevated risk; High volume 3.1x on decline — distribution signal. Wall Street's consensus price target sits at $144.43, implying +71.6% upside from $84.16. BestStocks rates the overall signal quality high (90/100). With earnings roughly 114 days out, the next report is the most likely near-term test of the move.

RYTM price reaction

RYTM last traded at $84.16, down $9.28 (-9.93%) from the previous close of $93.44. The session traded on 3.1× average volume (extreme), so the move carried above-average conviction.

Bullish and bearish analyst opinions on Rhythm Pharmaceuticals, Inc. (RYTM)

Latest catalysta mixed signal
The latest catalyst — an earnings beat the stock sold off — it cuts both ways, with the event and the market's reaction pointing in different directions.

The consensus analyst price target on Rhythm Pharmaceuticals, Inc. (RYTM) is $144.43, 71.6% above the recent $84.16. Over the past 90 days analysts logged 0 upgrades, 7 maintains, and 0 downgrades. Here is how the bullish and bearish cases on RYTM line up.

The bullish case

  • Wall Street's consensus price target of $144.43 implies +71.6% upside from $84.16.
  • The Street's most bullish target is $160.00 (+90.1%).
  • Earnings beat — stock sold off (sell-the-news reaction).
  • Rhythm Pharmaceuticals, Inc. (RYTM) moved +5.52% from $100.25 to $105.78 on 2026-08-04.

The bearish case

  • Sharp 9.9% decline — elevated risk.
  • High volume 3.1x on decline — distribution signal.
  • Rhythm Pharmaceuticals reported earnings today, triggering a 10.24% intraday decline to $83.87 from $93.44 (FMP delayed intraday).
Bull vs bear balanceStrong Bearish Shift
BearishNeutralBullish
The latest catalyst moved the balance toward the bulls — the hollow tick marks where it sat before.

Weighing both sides, BestStocks' composite read of recent signals is strongly bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.

Analyst price targets and ratings are FMP consensus figures as of Nov 3, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $144+71.6%
= 7 maintains
JP Morgan maintained Overweight · 2026-10-15
SEC filings watch
8-K2026-11-03
Material event — review for impact
high
8-K2026-08-04
Material event — review for impact
high
10-Q2026-08-04
Quarterly financial results
medium
Peer context
RYTM-9.9%

Previous notable changes for RYTM

Risk2026-11-03
Rhythm Pharmaceuticals reported earnings today, triggering a 10.24% intraday decline to $83.87 from $93.44 (FMP delayed intraday). The earnings release appears to have driven the sharp single-session drop, though detailed results are not yet available in the evidence.
Filings2026-11-03
Rhythm Pharmaceuticals, Inc. (RYTM) filed a new 8-K on November 3, 2026.
News2026-11-03
RYTM reported Q3 loss of $0.61/share, beating consensus estimate of $0.68/share loss.
News2026-11-02
Rhythm amended LG Chem license deal, reducing royalties to 1% but committing $350M in fixed payments over four years.
Upcoming catalysts & outlook
Next earnings
2027-02-25 (est.)
in 114 days
Thesis shift
Strong Bearish Shift
bearish signal
Risk level
High
from change events

Frequently asked questions about RYTM

Why did Rhythm Pharmaceuticals, Inc. (RYTM) stock move?

RYTM tumbled 9.9% to $84.16. The move is associated with an earnings beat.

How much did RYTM stock fall?

RYTM lost 9.93% ($9.28) versus the prior close of $93.44, last trading at $84.16 on 3.1× average volume.

When is Rhythm Pharmaceuticals, Inc.'s next earnings date?

RYTM's next earnings report is estimated for 2027-02-25 — about 114 days away.

What is the analyst price target for RYTM?

The consensus analyst price target for RYTM is $144.43, about 71.6% above the current $84.16. Over the past 90 days, analysts recorded 0 upgrades, 7 maintains, and 0 downgrades.

How BestStocks tracks RYTM

This page is generated automatically by BestStocks' change-detection system after an earnings beat was detected and verified against independent data sources. It draws on 20 tracked change events for RYTM, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of November 3, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.

Data sources
FMP real-time & historical price dataFMP earnings & estimatesSEC EDGAR filingsCompany news feedsAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.