Rhythm Pharmaceuticals' CFO will participate in a fireside chat at the Guggenheim Biotech Summit on February 11, 2026.
Quiver AI Summary
Rhythm Pharmaceuticals, Inc. announced that its Chief Financial Officer, Hunter C. Smith, will participate in a fireside chat at the Guggenheim Emerging Outlook: Biotech Summit 2026 on February 11 in New York. This event will be webcasted on the company's website, with a replay available for 30 days afterward. Rhythm, headquartered in Boston, focuses on developing treatments for rare neuroendocrine diseases, particularly through its lead product IMCIVREE® (setmelanotide), which has FDA approval for weight management in patients with specific genetic obesity conditions. The press release also outlines the indications for setmelanotide in the U.S. and Europe, its associated risks and warnings, and encourages reporting of adverse reactions. The company includes a disclaimer regarding forward-looking statements related to their business operations and future clinical developments.
Potential Positives
- Hunter C. Smith, CFO of Rhythm Pharmaceuticals, will participate in a notable industry conference, highlighting the company's engagement with investors and showcasing its commitment to transparency.
- The participation in the Guggenheim Emerging Outlook: Biotech Summit provides Rhythm Pharmaceuticals with increased visibility within the biopharmaceutical sector.
- Rhythm's lead asset, setmelanotide, has received FDA approval and additional authorizations from the European Commission and UK's MHRA, underscoring the product's significance in treating rare neuroendocrine diseases.
- The ongoing clinical development programs for setmelanotide and other investigational assets indicate Rhythm Pharmaceuticals' commitment to expanding its therapeutic offerings and addressing unmet medical needs.
Potential Negatives
- Serious warnings and precautions associated with IMCIVREE, including risks of depression, suicidal ideation, and serious hypersensitivity reactions, could deter potential patients and impact sales.
- The contraindication for patients with known serious hypersensitivity to the drug may limit the potential market size and patient access to treatment.
- The mention of adverse reactions in patients, such as skin hyperpigmentation and spontaneous penile erections, may raise safety concerns among healthcare providers and patients.
FAQ
What is Rhythm Pharmaceuticals' primary focus?
Rhythm Pharmaceuticals focuses on transforming the lives of patients with rare neuroendocrine diseases.
When will the fireside chat take place?
The fireside chat is scheduled for Wednesday, February 11, 2026, at 11:00 a.m. ET.
Where can I watch the webcast of the fireside chat?
The webcast will be available under “Events & Presentations” in the Investor Relations section of Rhythm’s website.
What is IMCIVREE® used for?
IMCIVREE® is indicated for reducing excess body weight in patients with syndromic or monogenic obesity.
What are some common side effects of IMCIVREE®?
Common side effects include skin hyperpigmentation, injection site reactions, headache, and nausea.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$RYTM Insider Trading Activity
$RYTM insiders have traded $RYTM stock on the open market 15 times in the past 6 months. Of those trades, 0 have been purchases and 15 have been sales.
Here’s a breakdown of recent trading of $RYTM stock by insiders over the last 6 months:
- JOSEPH SHULMAN (Chief Technical Officer) has made 0 purchases and 8 sales selling 51,953 shares for an estimated $5,609,472.
- PAMELA J. CRAMER (Chief Human Resources Officer) has made 0 purchases and 4 sales selling 29,566 shares for an estimated $2,987,425.
- HUNTER C SMITH (Chief Financial Officer) has made 0 purchases and 2 sales selling 28,088 shares for an estimated $2,704,623.
- CHRISTOPHER PAUL GERMAN (Corporate Controller & CAO) sold 1,500 shares for an estimated $142,500
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$RYTM Hedge Fund Activity
We have seen 166 institutional investors add shares of $RYTM stock to their portfolio, and 101 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VANGUARD GROUP INC added 1,214,489 shares (+24.3%) to their portfolio in Q4 2025, for an estimated $129,998,902
- ALLIANCEBERNSTEIN L.P. added 918,212 shares (+1493.8%) to their portfolio in Q3 2025, for an estimated $92,730,229
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 647,317 shares (+284.4%) to their portfolio in Q3 2025, for an estimated $65,372,543
- PRIMECAP MANAGEMENT CO/CA/ removed 615,178 shares (-12.6%) from their portfolio in Q3 2025, for an estimated $62,126,826
- CAPITAL RESEARCH GLOBAL INVESTORS added 598,247 shares (+inf%) to their portfolio in Q3 2025, for an estimated $60,416,964
- WESTFIELD CAPITAL MANAGEMENT CO LP removed 560,464 shares (-34.4%) from their portfolio in Q3 2025, for an estimated $56,601,259
- JENNISON ASSOCIATES LLC added 507,017 shares (+123.2%) to their portfolio in Q4 2025, for an estimated $54,271,099
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$RYTM Analyst Ratings
Wall Street analysts have issued reports on $RYTM in the last several months. We have seen 9 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- HC Wainwright & Co. issued a "Buy" rating on 01/20/2026
- Guggenheim issued a "Buy" rating on 12/17/2025
- Citizens issued a "Market Outperform" rating on 12/12/2025
- Needham issued a "Buy" rating on 12/11/2025
- Citigroup issued a "Buy" rating on 11/25/2025
- Canaccord Genuity issued a "Buy" rating on 11/10/2025
- Goldman Sachs issued a "Buy" rating on 10/17/2025
To track analyst ratings and price targets for $RYTM, check out Quiver Quantitative's $RYTM forecast page.
$RYTM Price Targets
Multiple analysts have issued price targets for $RYTM recently. We have seen 10 analysts offer price targets for $RYTM in the last 6 months, with a median target of $141.5.
Here are some recent targets:
- Raghuram Selvaraju from HC Wainwright & Co. set a target price of $125.0 on 01/20/2026
- Derek Archila from Wells Fargo set a target price of $145.0 on 01/20/2026
- Joseph Stringer from Needham set a target price of $148.0 on 01/09/2026
- Seamus Fernandez from Guggenheim set a target price of $140.0 on 12/17/2025
- Whitney Ijem from Canaccord Genuity set a target price of $141.0 on 12/12/2025
- Jonathan Wolleben from Citizens set a target price of $167.0 on 12/12/2025
- Corinne Jenkins from Goldman Sachs set a target price of $157.0 on 12/12/2025
Full Release
BOSTON, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Rhythm Pharmaceuticals, Inc. (Nasdaq: RYTM), a global commercial-stage biopharmaceutical company focused on transforming the lives of patients living with rare neuroendocrine diseases, today announced that Hunter C. Smith, Chief Financial Officer, will participate in a fireside chat at the upcoming Guggenheim Emerging Outlook: Biotech Summit 2026 conference on Wednesday, February 11 at 11:00 a.m. ET in New York.
The fireside chat will be webcasted and available under “Events & Presentations” in the Investor Relations section of the Company’s website at www.rhythmtx.com. A replay of the webcast will be available on the Rhythm website for 30 days following the presentation.
About Rhythm Pharmaceuticals
Rhythm is a commercial-stage biopharmaceutical company committed to transforming the lives of patients and their families living with rare neuroendocrine diseases. Rhythm’s lead asset, IMCIVREE
®
(setmelanotide), an MC4R agonist designed to treat hyperphagia and severe obesity, is approved by the U.S. Food and Drug Administration (FDA) to reduce excess body weight and maintain weight reduction long term in adult and pediatric patients 2 years of age and older with syndromic or monogenic obesity due to Bardet-Biedl syndrome (BBS) or genetically confirmed pro-opiomelanocortin (POMC), including proprotein convertase subtilisin/kexin type 1 (PCSK1), deficiency or leptin receptor (LEPR) deficiency. Both the European Commission (EC) and the UK’s Medicines & Healthcare Products Regulatory Agency (MHRA) have authorized setmelanotide for the treatment of obesity and the control of hunger associated with genetically confirmed BBS or genetically confirmed loss-of-function biallelic POMC, including PCSK1, deficiency or biallelic LEPR deficiency in adults and children 2 years of age and above. Additionally, Rhythm is advancing a broad clinical development program for setmelanotide in other rare diseases, as well as investigational MC4R agonists bivamelagon and RM-718, and a preclinical suite of small molecules for the treatment of congenital hyperinsulinism. Rhythm’s headquarters is in Boston, MA.
Setmelanotide Indication
In the United States, setmelanotide is indicated to reduce excess body weight and maintain weight reduction long term in adult and pediatric patients aged 2 years and older with syndromic or monogenic obesity due to Bardet-Biedl syndrome (BBS) or Pro-opiomelanocortin (POMC), proprotein convertase subtilisin/kexin type 1 (PCSK1), or leptin receptor (LEPR) deficiency as determined by an FDA-approved test demonstrating variants in POMC, PCSK1, or LEPR genes that are interpreted as pathogenic, likely pathogenic, or of uncertain significance (VUS).
In the European Union and the United Kingdom, setmelanotide is indicated for the treatment of obesity and the control of hunger associated with genetically confirmed BBS or loss-of-function biallelic POMC, including PCSK1, deficiency or biallelic LEPR deficiency in adults and children 2 years of age and above. In the European Union and the United Kingdom, setmelanotide should be prescribed and supervised by a physician with expertise in obesity with underlying genetic etiology.
Limitations of Use
Setmelanotide is not indicated for the treatment of patients with the following conditions as setmelanotide would not be expected to be effective:
- Obesity due to suspected POMC, PCSK1, or LEPR deficiency with POMC, PCSK1, or LEPR variants classified as benign or likely benign
- Other types of obesity not related to BBS or POMC, PCSK1, or LEPR deficiency, including obesity associated with other genetic syndromes and general (polygenic) obesity
Contraindication
Prior serious hypersensitivity to setmelanotide or any of the excipients in IMCIVREE. Serious hypersensitivity reactions (e.g., anaphylaxis) have been reported.
WARNINGS AND PRECAUTIONS
Disturbance in Sexual Arousal: Spontaneous penile erections in males and sexual adverse reactions in females have occurred. Inform patients that these events may occur and instruct patients who have an erection lasting longer than 4 hours to seek emergency medical attention.
Depression and Suicidal Ideation: Depression, suicidal ideation and depressed mood have occurred. Monitor patients for new onset or worsening depression or suicidal thoughts or behaviors. Consider discontinuing IMCIVREE if patients experience suicidal thoughts or behaviors, or clinically significant or persistent depression symptoms occur.
Hypersensitivity Reactions: Serious hypersensitivity reactions (e.g., anaphylaxis) have been reported. If suspected, advise patients to promptly seek medical attention and discontinue IMCIVREE.
Skin Hyperpigmentation, Darkening of Pre-existing Nevi, and Development of New Melanocytic Nevi: Generalized or focal increases in skin pigmentation, darkening of pre-existing nevi, development of new melanocytic nevi and increase in size of existing melanocytic nevi have occurred. Perform a full body skin examination prior to initiation and periodically during treatment to monitor pre-existing and new pigmented lesions.
Risk of Serious Adverse Reactions Due to Benzyl Alcohol Preservative in Neonates and Low Birth Weight Infants: IMCIVREE is not approved for use in neonates or infants. Serious and fatal adverse reactions including “gasping syndrome” can occur in neonates and low birth weight infants treated with benzyl alcohol preserved drugs.
ADVERSE REACTIONS
Most common adverse reactions (incidence ≥20%) included skin hyperpigmentation, injection site reactions, nausea, headache, diarrhea, abdominal pain, vomiting, depression, and spontaneous penile erection.
USE IN SPECIFIC POPULATIONS
Treatment with IMCIVREE is not recommended when breastfeeding. Discontinue IMCIVREE when pregnancy is recognized unless the benefits of therapy outweigh the potential risks to the fetus.
To report SUSPECTED ADVERSE REACTIONS, contact Rhythm Pharmaceuticals at +1 (833) 789-6337 or FDA at 1-800-FDA-1088 or http://www.fda.gov/medwatch . See section 4.8 of the Summary of Product Characteristics for information on reporting suspected adverse reactions in Europe.
Please see the full Prescribing Information for additional Important Safety Information.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding our participation in upcoming events and presentations, and the date, time and content thereof and the timing of any of the foregoing. Statements using words such as “expect”, “anticipate”, “believe”, “may”, “will” and similar terms are also forward-looking statements. Such statements are subject to numerous risks and uncertainties, including, but not limited to, our ability to enroll patients in clinical trials, the design and outcome of clinical trials, the impact of competition, the ability to achieve or obtain necessary regulatory approvals, risks associated with data analysis and reporting, unfavorable pricing regulations, third-party reimbursement practices or healthcare reform initiatives, risks associated with the laws and regulations governing our international operations and the costs of any related compliance programs, our ability to successfully commercialize setmelanotide, our liquidity and expenses, our ability to retain our key employees and consultants, and to attract, retain and motivate qualified personnel, and general economic conditions, and the other important factors, including those discussed under the caption “Risk Factors” in Rhythm’s Quarterly Report on Form 10-Q for the three months ended September 30, 2025 and our other filings with the Securities and Exchange Commission. Except as required by law, we undertake no obligations to make any revisions to the forward-looking statements contained in this press release or to update them to reflect events or circumstances occurring after the date of this press release, whether as a result of new information, future developments or otherwise.
Corporate Contact:
David Connolly
Head of Investor Relations and Corporate Communications
Rhythm Pharmaceuticals, Inc.
[email protected]
Media Contact:
Layne Litsinger
Real Chemistry
[email protected]