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Stock Comparison

WVE vs ARWR

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
WVE
Wave Life Sciences Ltd.

Biotechnology

HealthcareNASDAQ • SG
Market Cap$1.12B
5Y Perf.-44.2%
ARWR
Arrowhead Pharmaceuticals, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$10.48B
5Y Perf.+80.4%

WVE vs ARWR — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
WVE logoWVE
ARWR logoARWR
IndustryBiotechnologyBiotechnology
Market Cap$1.12B$10.48B
Revenue (TTM)$72M$622M
Net Income (TTM)$-184M$-301M
Gross Margin93.8%99.0%
Operating Margin-274.2%-35.7%
Total Debt$18M$366M
Cash & Equiv.$602M$227M

WVE vs ARWRLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

WVE
ARWR
StockJun 20Jun 26Return
Wave Life Sciences … (WVE)10055.8-44.2%
Arrowhead Pharmaceu… (ARWR)100180.4+80.4%

Price return only. Dividends and distributions are not included.

Quick Verdict: WVE vs ARWR

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: ARWR leads in 5 of 6 categories, making it the strongest pick for growth and revenue expansion and profitability and margin quality. As sector peers, any of these can serve as alternatives in the same allocation.
🥇ARWR emerged as the overall leader. Track its performance:
WVE
Wave Life Sciences Ltd.
The Defensive Pick

WVE is the clearest fit if your priority is sleep-well-at-night.

  • Lower volatility, beta 1.82, Low D/E 3.4%, current ratio 6.47x
Best for: sleep-well-at-night
ARWR
Arrowhead Pharmaceuticals, Inc.
The Income Pick

ARWR carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.

  • beta 1.65
  • Rev growth 232.6%, EPS growth 99.8%, 3Y rev CAGR 50.5%
  • 11.7% 10Y total return vs WVE's -62.8%
Best for: income & stability and growth exposure
See the full category breakdown
CategoryWinnerWhy
GrowthARWR logoARWR232.6% revenue growth vs WVE's -60.5%
Quality / MarginsARWR logoARWR-48.4% margin vs WVE's -255.7%
Stability / SafetyARWR logoARWRBeta 1.65 vs WVE's 1.82
DividendsTieNeither stock pays a meaningful dividend
Momentum (1Y)ARWR logoARWR+344.5% vs WVE's -19.2%
Efficiency (ROA)ARWR logoARWR-18.1% ROA vs WVE's -42.8%

WVE vs ARWR — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLARWRLAGGINGWVE

Income & Cash Flow (Last 12 Months)

ARWR leads this category, winning 4 of 6 comparable metrics.

ARWR is the larger business by revenue, generating $622M annually — 8.7x WVE's $72M. Profitability is closely matched — net margins range from -48.4% (ARWR) to -2.6% (WVE). On growth, WVE holds the edge at +3.2% YoY revenue growth, suggesting stronger near-term business momentum.

MetricWVE logoWVEWave Life Science…ARWR logoARWRArrowhead Pharmac…
RevenueTrailing 12 months$72M$622M
EBITDAEarnings before interest/tax-$188M-$197M
Net IncomeAfter-tax profit-$184M-$301M
Free Cash FlowCash after capex-$183M-$51M
Gross MarginGross profit ÷ Revenue+93.8%+99.0%
Operating MarginEBIT ÷ Revenue-2.7%-35.7%
Net MarginNet income ÷ Revenue-2.6%-48.4%
FCF MarginFCF ÷ Revenue-2.6%-8.2%
Rev. Growth (YoY)Latest quarter vs prior year+3.2%-86.4%
EPS Growth (YoY)Latest quarter vs prior year+55.2%-133.8%
ARWR leads this category, winning 4 of 6 comparable metrics.

Valuation Metrics

ARWR leads this category, winning 2 of 3 comparable metrics.
MetricWVE logoWVEWave Life Science…ARWR logoARWRArrowhead Pharmac…
Market CapShares × price$1.1B$10.5B
Enterprise ValueMkt cap + debt − cash$533M$10.6B
Trailing P/EPrice ÷ TTM EPS-4.80x-6099.18x
Forward P/EPrice ÷ next-FY EPS est.
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple86.86x
Price / SalesMarket cap ÷ Revenue26.16x12.64x
Price / BookPrice ÷ Book value/share1.86x19.77x
Price / FCFMarket cap ÷ FCF66.81x
ARWR leads this category, winning 2 of 3 comparable metrics.

Profitability & Efficiency

ARWR leads this category, winning 4 of 7 comparable metrics.

ARWR delivers a -55.1% return on equity — every $100 of shareholder capital generates $-55 in annual profit, vs $-56 for WVE. WVE carries lower financial leverage with a 0.03x debt-to-equity ratio, signaling a more conservative balance sheet compared to ARWR's 0.73x. On the Piotroski fundamental quality scale (0–9), ARWR scores 6/9 vs WVE's 3/9, reflecting solid financial health.

MetricWVE logoWVEWave Life Science…ARWR logoARWRArrowhead Pharmac…
ROE (TTM)Return on equity-56.4%-55.1%
ROA (TTM)Return on assets-42.8%-18.1%
ROICReturn on invested capital+9.3%
ROCEReturn on capital employed-54.9%+8.8%
Piotroski ScoreFundamental quality 0–936
Debt / EquityFinancial leverage0.03x0.73x
Net DebtTotal debt minus cash-$584M$140M
Cash & Equiv.Liquid assets$602M$227M
Total DebtShort + long-term debt$18M$366M
Interest CoverageEBIT ÷ Interest expense-2.03x
ARWR leads this category, winning 4 of 7 comparable metrics.

Total Returns (Dividends Reinvested)

ARWR leads this category, winning 6 of 6 comparable metrics.

A $10,000 investment in ARWR five years ago would be worth $8,388 today (with dividends reinvested), compared to $8,025 for WVE. Over the past 12 months, ARWR leads with a +344.5% total return vs WVE's -19.2%. The 3-year compound annual growth rate (CAGR) favors ARWR at 28.1% vs WVE's 11.6% — a key indicator of consistent wealth creation.

MetricWVE logoWVEWave Life Science…ARWR logoARWRArrowhead Pharmac…
YTD ReturnYear-to-date-63.6%+9.8%
1-Year ReturnPast 12 months-19.2%+344.5%
3-Year ReturnCumulative with dividends+39.0%+110.3%
5-Year ReturnCumulative with dividends-19.8%-16.1%
10-Year ReturnCumulative with dividends-62.8%+1167.6%
CAGR (3Y)Annualised 3-year return+11.6%+28.1%
ARWR leads this category, winning 6 of 6 comparable metrics.

Risk & Volatility

ARWR leads this category, winning 2 of 2 comparable metrics.

ARWR is the less volatile stock with a 1.65 beta — it tends to amplify market swings less than WVE's 1.82 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. ARWR currently trades 90.7% from its 52-week high vs WVE's 26.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricWVE logoWVEWave Life Science…ARWR logoARWRArrowhead Pharmac…
Beta (5Y)Sensitivity to S&P 5001.82x1.65x
52-Week HighHighest price in past year$21.73$82.00
52-Week LowLowest price in past year$5.02$14.30
% of 52W HighCurrent price vs 52-week peak+26.7%+90.7%
RSI (14)Momentum oscillator 0–10034.243.4
Avg Volume (50D)Average daily shares traded3.7M1.6M
ARWR leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

Insufficient data to determine a leader in this category.

Wall Street rates WVE as "Buy" and ARWR as "Buy". Consensus price targets imply 354.0% upside for WVE (target: $26) vs 12.3% for ARWR (target: $84).

MetricWVE logoWVEWave Life Science…ARWR logoARWRArrowhead Pharmac…
Analyst RatingConsensus buy/hold/sellBuyBuy
Price TargetConsensus 12-month target$26.38$83.56
# AnalystsCovering analysts2520
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap0.0%0.0%
Insufficient data to determine a leader in this category.
Key Takeaway

ARWR leads in 5 of 6 categories — strongest in Income & Cash Flow and Valuation Metrics.

Best OverallArrowhead Pharmaceuticals, … (ARWR)Leads 5 of 6 categories
Loading custom metrics...

WVE vs ARWR: Frequently Asked Questions

8 questions · data-driven answers · updated daily

01

Is WVE or ARWR a better buy right now?

For growth investors, Arrowhead Pharmaceuticals, Inc.

(ARWR) is the stronger pick with 232. 6% revenue growth year-over-year, versus -60. 5% for Wave Life Sciences Ltd. (WVE). Analysts rate Wave Life Sciences Ltd. (WVE) a "Buy" — based on 25 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which is the better long-term investment — WVE or ARWR?

Over the past 5 years, Arrowhead Pharmaceuticals, Inc.

(ARWR) delivered a total return of -16. 1%, compared to -19. 8% for Wave Life Sciences Ltd. (WVE). Over 10 years, the gap is even starker: ARWR returned +1168% versus WVE's -62. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

03

Which is safer — WVE or ARWR?

By beta (market sensitivity over 5 years), Arrowhead Pharmaceuticals, Inc.

(ARWR) is the lower-risk stock at 1. 65β versus Wave Life Sciences Ltd. 's 1. 82β — meaning WVE is approximately 10% more volatile than ARWR relative to the S&P 500. On balance sheet safety, Wave Life Sciences Ltd. (WVE) carries a lower debt/equity ratio of 3% versus 73% for Arrowhead Pharmaceuticals, Inc. — giving it more financial flexibility in a downturn.

04

Which is growing faster — WVE or ARWR?

By revenue growth (latest reported year), Arrowhead Pharmaceuticals, Inc.

(ARWR) is pulling ahead at 232. 6% versus -60. 5% for Wave Life Sciences Ltd. (WVE). On earnings-per-share growth, the picture is similar: Arrowhead Pharmaceuticals, Inc. grew EPS 99. 8% year-over-year, compared to -72. 9% for Wave Life Sciences Ltd.. Over a 3-year CAGR, WVE leads at 127. 1% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

05

Which has better profit margins — WVE or ARWR?

Arrowhead Pharmaceuticals, Inc.

(ARWR) is the more profitable company, earning -0. 2% net margin versus -478. 3% for Wave Life Sciences Ltd. — meaning it keeps -0. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ARWR leads at 11. 9% versus -504. 1% for WVE. At the gross margin level — before operating expenses — ARWR leads at 100. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

06

Which pays a better dividend — WVE or ARWR?

None of the stocks in this comparison currently pay a material dividend.

All are effectively zero-yield and should be held for capital appreciation rather than income.

07

Is WVE or ARWR better for a retirement portfolio?

For long-horizon retirement investors, Arrowhead Pharmaceuticals, Inc.

(ARWR) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+1168% 10Y return). Wave Life Sciences Ltd. (WVE) carries a higher beta of 1. 82 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (ARWR: +1168%, WVE: -62. 8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

08

What are the main differences between WVE and ARWR?

Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: WVE is a small-cap quality compounder stock; ARWR is a mid-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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