Schrödinger stock falls 5.57 percent on October 7, 2026
Published on 10/08/2026 at 05:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSchrödinger (ISIN US80810D1037) stock fell 5.57 percent on October 7, 2026, as the latest session ended below the prior close of USD 28.90. The move leaves the software and drug-discovery company between its USD 10.95 52-week low and USD 33.78 high.
October decline meets high valuation
Schrödinger's market capitalization stood at USD 2.2 billion on October 7, 2026, while the stock remained 19.2 percent below its 52-week high. The calculation uses the USD 27.29 close and the USD 33.78 yearly high.
Analyst opinion offers a counterweight to the recent price level. MarketBeat reported on October 7, 2026, that Zacks Research upgraded Schrödinger from Hold to Strong Buy, while its published analyst mix produced a Moderate Buy consensus and a USD 20.80 average target.
Q2 revenue grew 7.5 percent
Schrödinger reported USD 58.89 million in second-quarter 2026 revenue, up 7.5 percent from the year-ago quarter, according to MarketBeat in its October 7, 2026 report. The company released those results on August 5, 2026, and quarterly revenue exceeded the cited analyst estimate of USD 47.19 million.
The operating mix gives investors a more detailed growth signal. In the Q2 2026 earnings call, Yahoo Finance reported annual contract value of USD 29.6 million, up 27 percent year over year, while hosted software revenue reached USD 15.2 million, or 47 percent of software revenue.
Consensus target stays below stock
Barron's listed seven ratings, a Buy consensus, an average price target of USD 21.43, a high target of USD 30.00 and a low target of USD 17.00. The average target is below the October 7 close, making the gap between current valuation and published expectations a central issue for the stock.
Schrödinger stock closes at USD 27.29
Schrödinger stock closed at USD 27.29 on Nasdaq on October 7, 2026. The company is scheduled to report third-quarter 2026 earnings on November 11, 2026.
Schrödinger stock facts
- Company: Schrödinger, Inc.
- ISIN: US80810D1037
- Ticker: SDGR
- Trading venue: Nasdaq
- Price (as of October 7, 2026): Closing price USD 27.29
- Market capitalization: USD 2.2 billion (as of October 7, 2026)
- 52-week range: USD 10.95-33.78 (as of October 7, 2026)
- Sector / Industry: Technology / Software - Application
Upcoming dates for Schrödinger stock
- November 11, 2026: Third-quarter 2026 earnings
