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Silence Therapeutics (SLN)
NASDAQ:SLN
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Silence Therapeutics (SLN) AI Stock Analysis

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SLN

Silence Therapeutics

(NASDAQ:SLN)

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Neutral 54 (OpenAI - 4o)
Rating:54Neutral
Price Target:
$6.50
▼(-0.15% Downside)
The overall stock score is primarily influenced by financial performance challenges, including negative profitability and equity. Technical analysis provides some positive momentum, but valuation remains a concern with a negative P/E ratio. The absence of earnings call and corporate events data limits additional insights.
Positive Factors
Revenue Growth
The company has demonstrated significant revenue growth, indicating strong demand for its RNAi therapeutics and potential for future expansion.
Strategic Collaborations
Collaborations with pharmaceutical companies provide a steady revenue stream and enhance research capabilities, supporting long-term growth.
Pipeline Advancement
Advancing clinical trials, such as the SANRECO Phase 2 study, strengthens Silence Therapeutics' pipeline, enhancing future revenue potential.
Negative Factors
Profitability Challenges
Ongoing profitability issues, with negative EBIT and net income margins, indicate challenges in cost management and achieving sustainable profits.
Negative Equity
Negative equity reflects financial instability, posing risks to long-term viability and limiting the company's ability to leverage for growth.
Cash Flow Challenges
Consistently negative free cash flow highlights liquidity issues, potentially hindering operational flexibility and investment in growth initiatives.

Silence Therapeutics (SLN) vs. SPDR S&P 500 ETF (SPY)

Silence Therapeutics Business Overview & Revenue Model

Company DescriptionSilence Therapeutics plc, a biotechnology company, focuses on the discovery and development of novel ribonucleic acid (RNA) therapeutics in hematology, cardiovascular, and other rare and metabolic indications. The company's platform includes mRNAi GalNAc Oligonucleotide Discovery platform designed to accurately target specific disease-associated genes in the liver. It designs short interfering RNA molecules to harness the body's natural mechanism of RNA interference, and degrading messenger RNA molecules that encode specific targeted disease-associated proteins in a cell. The company is developing various product candidates, including SLN360, which is Phase I clinical trials for the treatment of cardiovascular disease with high lipoprotein; SLN124 that is in Phase I clinical trials for the treatment of non-transfusion dependent thalassemia, and Phase I clinical trials for the treatment of myelodysplastic syndrome; and SLN124 for the treatment of polycythemia vera. It has collaboration agreements with AstraZeneca PLC to discover, develop, and commercialize small interfering RNA therapeutics for the treatment of cardiovascular, renal, metabolic, and respiratory diseases; and Mallinckrodt Pharma IP Trading DAC to develop and commercialize RNAi drug targets designed to silence the complement cascade in complement-mediated disorders. The company also has a collaboration with Hansoh Pharmaceutical Group Company Limited to develop siRNAs for three undisclosed targets leveraging Silence's mRNAi GOLD platform. The company was formerly known as SR Pharma plc and changed its name to Silence Therapeutics plc in May 2007. Silence Therapeutics plc is headquartered in London, the United Kingdom.
How the Company Makes MoneySilence Therapeutics generates revenue primarily through collaboration agreements and partnerships with pharmaceutical companies. These collaborations typically involve upfront payments, milestone payments tied to the progression of drug candidates through clinical development, and royalties on future product sales. The company also seeks funding through grants and research contracts that support its therapeutic development programs. Additionally, advancements in its pipeline and successful clinical trial outcomes can significantly enhance its revenue potential through licensing agreements or partnerships for commercialization.

Silence Therapeutics Earnings Call Summary

Earnings Call Date:Aug 07, 2025
(Q4-2024)
|
% Change Since: |
Next Earnings Date:Nov 18, 2025
Earnings Call Sentiment Neutral
The earnings call highlighted positive clinical trial results for zerlasiran and divesiran, revenue growth, and an extended cash runway. However, the termination of the Hansoh Pharma collaboration and the delay of the zerlasiran Phase 3 study due to the need for a partner were significant challenges mentioned.
Q4-2024 Updates
Positive Updates
Positive Results for Zerlasiran Phase 2 Study
The ALPACAR-360 Phase 2 study of zerlasiran in ASCVD patients with high Lp(a) delivered positive results, showing Lp(a) reductions exceeded 90% and were durable. The study was featured in a late-breaker at AHA and published in JAMA.
Divesiran Phase 1 Success and Phase 2 Progress
The SANRECO’s Phase 1 study of divesiran showed positive results, eliminating the need for phlebotomy in all well-controlled patients. Phase 2 study dosing has started, and the European Commission has granted divesiran Orphan Drug Designation for PV.
Revenue Growth
The company recorded $43.3 million in revenues for 2024, an increase of $11.7 million from 2023, largely due to collaboration arrangements utilizing the siRNA platform.
Extension of Cash Runway
By delaying the Phase 3 study of zerlasiran until a partner is secured, the company has extended its projected cash runway into 2027.
Negative Updates
Hansoh Pharma Collaboration Termination
Hansoh Pharma opted not to pursue further development under the collaboration, resulting in the company regaining rights to three undisclosed preclinical liver targets.
Zerlasiran Phase 3 Study Delay
The Phase 3 outcomes study for zerlasiran will only be initiated once a partner is secured, which may delay the advancement of this promising program.
Company Guidance
During the call, Silence Therapeutics provided guidance on several key metrics for their future operations. The company reported $43.3 million in revenues for 2024, an increase from $31.6 million in 2023, largely due to collaboration arrangements. They ended 2024 with $147.3 million in cash, cash equivalents, and short-term investments. Silence announced they would only initiate the Phase 3 outcomes study for zerlasiran, their siRNA for high Lp(a), once a partner is secured, which extends their cash runway into 2027. Additionally, they are prioritizing investment in programs targeting rare conditions, like divesiran for polycythemia vera (PV), which has received orphan drug designation in both the EU and US. The company also plans to commence a Phase 1 study of SLN548 targeting complement factor B in the second half of 2025. Silence transitioned to a U.S. domestic issuer status, moving from IFRS to U.S. GAAP, which resulted in a net loss decrease to $45.3 million in 2024 from $54.2 million in 2023.

Silence Therapeutics Financial Statement Overview

Summary
Silence Therapeutics shows revenue growth but struggles with profitability, negative equity, and cash flow challenges. The financial instability is a significant concern, requiring strategic improvements in cost management and financial planning.
Income Statement
45
Neutral
Silence Therapeutics has demonstrated significant revenue growth over the years, with a notable increase from 2023 to 2024. However, the company continues to face challenges with profitability, as evidenced by negative EBIT and net income margins. The consistent negative profit margins highlight a need for enhanced cost management or increased revenue to achieve profitability.
Balance Sheet
30
Negative
The company's balance sheet reveals a concerning negative stockholders' equity as of 2024, indicating financial instability. The debt-to-equity ratio is not favorable due to the negative equity, and although the company maintains substantial cash reserves, the high liabilities present a risk. Improving equity and managing liabilities are critical for financial health.
Cash Flow
55
Neutral
Silence Therapeutics has managed significant financing cash flow, which supports its operations despite negative operating cash flow. The free cash flow has been consistently negative, reflecting ongoing cash challenges. However, the company's ability to secure financing offers some operational flexibility. Improving free cash flow is essential for sustainable growth.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue25.84M43.26M25.38M17.50M12.41M5.48M
Gross Profit21.32M31.45M15.06M6.62M4.96M1.72M
EBITDA-56.55M-48.99M-49.78M-47.88M-45.42M-35.53M
Net Income-68.72M-45.31M-43.27M-40.49M-39.41M-32.55M
Balance Sheet
Total Assets165.23M202.63M93.82M107.50M96.19M85.97M
Cash, Cash Equivalents and Short-Term Investments114.16M147.33M54.03M71.14M73.54M37.45M
Total Debt0.00117.00K272.00K446.00K137.00K341.00K
Total Liabilities71.08M68.61M76.77M85.43M87.67M76.91M
Stockholders Equity94.16M134.02M17.05M22.07M8.53M9.06M
Cash Flow
Free Cash Flow-78.77M-67.85M-39.40M-45.90M5.47M-11.29M
Operating Cash Flow-78.61M-67.64M-39.35M-45.46M6.81M-10.78M
Investing Cash Flow-6.66M-21.97M16.43M-16.54M8.68M9.62M
Financing Cash Flow25.86M142.09M25.16M43.05M30.71M15.43M

Silence Therapeutics Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price6.51
Price Trends
50DMA
5.69
Positive
100DMA
5.75
Positive
200DMA
5.02
Positive
Market Momentum
MACD
0.40
Positive
RSI
51.53
Neutral
STOCH
22.80
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SLN, the sentiment is Neutral. The current price of 6.51 is below the 20-day moving average (MA) of 6.59, above the 50-day MA of 5.69, and above the 200-day MA of 5.02, indicating a neutral trend. The MACD of 0.40 indicates Positive momentum. The RSI at 51.53 is Neutral, neither overbought nor oversold. The STOCH value of 22.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SLN.

Silence Therapeutics Risk Analysis

Silence Therapeutics disclosed 64 risk factors in its most recent earnings report. Silence Therapeutics reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Silence Therapeutics Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
54
Neutral
$307.49M-3.89
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
50
Neutral
$233.83M7.2348.34%
45
Neutral
-100.00%72.45%
42
Neutral
$297.76M63.92%
35
Underperform
$363.22M-8.8117.80%
33
Underperform
$140.65M-0.08-686.12%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SLN
Silence Therapeutics
6.51
-11.48
-63.81%
GALT
Galectin Therapeutics
5.67
2.86
101.78%
ABEO
Abeona Therapeutics
4.56
-1.72
-27.39%
IMAB
I-MAB
4.27
3.18
291.74%
HUMA
Humacyte
1.46
-3.97
-73.11%
VOR
Vor Biopharma
20.56
3.36
19.53%

Silence Therapeutics Corporate Events

Business Operations and StrategyProduct-Related Announcements
Silence Therapeutics Completes Enrollment for Phase 2 Study
Positive
Oct 23, 2025

On October 23, 2025, Silence Therapeutics announced the completion of patient enrollment in the SANRECO Phase 2 study of divesiran for treating polycythemia vera (PV). This milestone reflects the growing interest in divesiran, a first-in-class siRNA targeting TMPRSS6, which aims to maintain hematocrit levels below 45% without phlebotomies. The study’s results are expected in the third quarter of 2026, potentially impacting the treatment landscape for PV, a condition with significant unmet needs.

The most recent analyst rating on (SLN) stock is a Hold with a $7.50 price target. To see the full list of analyst forecasts on Silence Therapeutics stock, see the SLN Stock Forecast page.

Executive/Board Changes
Michael Davidson Resigns from Silence Therapeutics Board
Neutral
Aug 14, 2025

On August 11, 2025, Michael Davidson resigned from the board of directors of Silence Therapeutics plc to focus on his role as CEO of NewAmsterdam Pharma Company N.V. His departure was not due to any disagreements with the company. The board expressed gratitude for his contributions and reduced its size from five to four directors, appointing Iain Ross to fill the vacancy on the Audit and Risk Committee.

The most recent analyst rating on (SLN) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Silence Therapeutics stock, see the SLN Stock Forecast page.

Silence Therapeutics Reports Q2 2025 Progress and Financials
Aug 8, 2025

Silence Therapeutics is a global clinical-stage biotechnology company focused on developing innovative siRNA therapies to target and silence disease-associated genes, particularly in the liver, with a focus on areas of high unmet medical need such as cardiovascular disease, hematology, and rare diseases.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 04, 2025