IDEAYA Biosciences, Inc. (NASDAQ:IDYA) has seen its projected earnings for 2026 revised downward. According to Leerink Partnrs’ recent report, the biotech company’s EPS forecast now stands at ($4.05) for fiscal year 2026.
What is Leerink Partnrs’ Estimate for IDYA FY2026 Earnings?

Key Takeaways:
- Leerink Partnrs reduced IDEAYA’s FY2026 EPS estimate to ($4.05).
- The revision was reported by analyst A. Berens of Leerink Partnrs.
- The new estimate was made public on September 9th and shared widely by September 13th, 2025.
- IDEAYA Biosciences operates in the biotech sector, where earnings revisions can be highly influential.
- Investors may closely watch any future assessments and company performance updates.
Lower Estimates for Fiscal Year 2026
IDEAYA Biosciences, Inc. is under fresh scrutiny in the wake of a new earnings projection. Leerink Partnrs, in a report issued on Tuesday, September 9th, revised its FY2026 earnings per share (EPS) estimate for the biotech company to ($4.05). The news was subsequently circulated in a market update released on September 13th, 2025, drawing immediate attention from investors and industry observers.
Highlighting the Analysts’ Report
Analyst A. Berens of Leerink Partnrs took the lead in forecasting a deeper-than-expected loss for IDEAYA in 2026. While the report does not detail the previous projection, the acknowledgement that it has been lowered suggests the firm harbors concerns regarding the company’s near-term profitability.
Impact on the Biotech Arena
EPS estimates in the biotech sector are a touchstone for investor sentiment. Downward revisions, such as these from Leerink Partnrs, may heighten scrutiny on IDEAYA’s product pipeline and commercialization prospects. Biotech valuations often hinge on a few key clinical developments, and shifting forecasts can recalibrate market perspectives considerably.
Quote from the Update
“The company will post earnings per share of ($4.05) for the year,” reads the recent coverage, a clear signal of the tempered expectations now surrounding IDEAYA’s fiscal outlook. While no further details provide direct context to what drove this revision, the adjustments can reflect changing assumptions about development timelines or market conditions.
What Investors May Watch Next
Given the significance of earnings estimates in shaping a stock’s perception, stakeholders in IDEAYA Biosciences will likely keep a close eye on any subsequent updates from Leerink Partnrs or other analysts. Future announcements regarding clinical trials, collaborations, or regulatory approvals may shift financial projections once again—and possibly bolster or further deflate investor confidence.
Looking Ahead
It remains to be seen whether IDEAYA Biosciences can counterbalance this revised forecast through new developments or stronger-than-expected performance in other areas of its pipeline. For now, the updated EPS estimate stands as the latest focal point for those monitoring the company’s progress and the broader biotech landscape.