COGT Cogent Biosciences, Inc.

BULLISH Impact: 8/10 PRESS-RELEASE
Horizon months Filed May 28, 2026 Processed 17d 20h ago Wire GlobeNewswire
Press release: fda
Latest settled — T+5d
COGT ▼ -8.82% at T+5d
LONG call ✗ call lost -8.82% · α vs SPY -8.77% · entry $35.38 → $32.26
Next anchor: T+20d in 11d
Last close $33.10 (close Jun 12) · -6.44% from $35.38 entry
Entry anchored
May 28, 06:41 AM ET
via Databento tick
T+1d
-1.19%
call -1.19% · α -1.43%
$34.96
settled 17d ago
T+5d
-8.82%
call -8.82% · α -8.77%
$32.26
settled 11d ago
T+20d
call — · α —
in 11d
T+60d
call — · α —
in 2mo

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Executive Summary

Cogent Biosciences announced FDA acceptance of its NDA for bezuclastinib in combination with sunitinib for GIST, with Priority Review and a PDUFA date of November 30, 2026. The Phase 3 PEAK trial showed a median PFS of 16.5 months vs 9.2 months (HR=0.50, p<0.0001) and a 46% ORR vs 26% for sunitinib alone. This is a major regulatory milestone for a first-in-class combination that could transform second-line GIST treatment, with no advisory committee planned and no identified review issues.

Actionable Insight

NDA acceptance with Priority Review and no AdCom is a strong positive signal. The PDUFA date of Nov 30, 2026 provides a clear catalyst. ASCO presentation on May 30 may drive near-term volatility. Monitor for any CRL or review issues ahead of PDUFA; the stock has historically underperformed post-reports (avg T+20 -6.73%), but this is a fundamentally different event — a regulatory acceptance with breakthrough designation and no identified issues.

Key Facts

  • FDA accepted NDA for bezuclastinib + sunitinib in GIST with Priority Review; PDUFA date November 30, 2026
  • Phase 3 PEAK trial: median PFS 16.5 months (combination) vs 9.2 months (sunitinib alone); HR=0.50 (95% CI: 0.39-0.65, p<0.0001)
  • ORR 46% for combination vs 26% for sunitinib monotherapy in imatinib-resistant patients
  • No advisory committee planned; FDA communicated no potential review issues identified
  • Full PEAK results to be presented at ASCO oral session on May 30, 2026
  • Company preparing for launches in both GIST and systemic mastocytosis later this year
  • Expanded Access Programs established for U.S. patients with GIST or SM

Financial Impact

First approval for a novel KIT inhibitor combination in GIST; potential peak sales in the hundreds of millions to billions given GIST prevalence and clear superiority over standard of care

revenuemarket cappipeline value

Risk Factors

  • FDA could issue a Complete Response Letter at PDUFA despite current positive signals
  • Hepatic safety signals (ALT/AST elevations) could become a review focus
  • Commercial launch execution risk in both GIST and SM
  • Overall survival data remains immature; negative OS readout could limit label expansion

Market Snapshot

Exchange
Nasdaq
Sector
Pharmaceutical Preparations
Analyst Consensus
84% bullish (19 analysts)

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

DocumentAccession Number
PRESS-RELEASE Data (Synthetic)press-3302753
7 reports for COGT
Performance horizon
33% Hit rate 1 of 3 directional calls best @ T+5▲ +5.99%Apr 1, 2026
Filters
Rows
Reports for COGT — sortable, filterable
Type Now
Jun 12, 2026
2d ago
Press Release
NEUTRAL ★ 4/10
$32.61 awaiting T+5awaiting T+5$33.10 (+1.50%)
Jun 12, 2026
2d ago
Press Release
BULLISH ★ 7/10
$32.61 awaiting T+5awaiting T+5$33.10 (+1.50%)
May 30, 2026
15d ago
Press Release
BULLISH ★ 8/10
$34.81 $31.02▼ −10.89%▼ −8.14%$33.10 (−4.91%)
May 28, 2026
17d ago
Press Release
BULLISH ★ 8/10
$35.38 $32.26▼ −8.82%▼ −8.77%$33.10 (−6.44%)
May 5, 2026
5w ago
8-K
NEUTRAL ★ 4/10
$36.98 $34.10▼ −7.79%▼ −9.77%$33.10 (−10.49%)
Apr 17, 2026
8w ago
Press Release
BULLISH ★ 7/10
$37.25 $36.81▼ −1.18%▼ −1.74%$33.10 (−11.14%)
Apr 1, 2026
10w ago
Press Release
BULLISH ★ 8/10
$35.24 $37.35▲ +5.99%▲ +2.22%$33.10 (−6.07%)
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