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BLTE Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
151.405
Open
146.310
VWAP
145.05
Vol
565.17K
Mkt Cap
5.78B
Low
139.550
Amount
81.98M
EV/EBITDA(TTM)
--
Total Shares
40.09M
EV
5.44B
EV/OCF(TTM)
--
P/S(TTM)
--
Belite Bio, Inc is a clinical-stage biopharmaceutical drug development company. The Company is focused on advancing novel therapeutics targeting retinal degenerative eye disease, such as Geographic Atrophy (GA), age-related macular degeneration (AMD), and Stargardt disease type 1 (STGD1), both of which progressively lead to permanent blindness, and metabolic diseases such as non-alcoholic fatty liver disease (NAFLD), non-alcoholic steatohepatitis (NASH), type 2 diabetes (T2D), and gout. Its lead product candidate, Tinlarebant, is an oral daily treatment for STGD1 and GA patients. In STGD1, it is developing Tinlarebant as a once-a-day tablet treatment to target Retinol binding protein 4 (RBP4) by disrupting vitamin A (retinol) binding to RBP4, which leads to reduced delivery of retinol to the eye and reduced accumulation of toxic vitamin A by-products. Its product candidate also includes LBS-009, an anti-RBP4 oral therapy targeting liver disease, including NAFLD, NASH, and T2D.
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Events Timeline

(ET)
2026-05-20
06:10:00
Belite Bio Cash Decreases to $276.4M, Advancing FDA Submission
select
2026-05-18 (ET)
2026-05-18
16:10:00
Belite Bio Receives Orphan Drug Status from Swiss Agency for Tinlarebant
select
2026-04-21 (ET)
2026-04-21
16:10:00
Belite Bio Initiates New Drug Application Submission
select

News

NASDAQ.COM
2.0
05-22NASDAQ.COM
Belite Bio Shares Show Oversold Signal
  • Oversold Indicator Analysis: Belite Bio Inc (Ticker: BLTE) hit an RSI of 27.3 during Friday's trading, indicating an oversold condition that suggests recent heavy selling may be exhausting, prompting investors to look for buying opportunities.
  • Price Fluctuation Details: BLTE's shares traded as low as $137, significantly above its 52-week low of $56.10 and high of $200, indicating volatility and potential for a rebound in its stock price.
  • Market Comparison: Compared to the S&P 500 ETF (SPY) with an RSI of 72.1, BLTE's 27.3 RSI indicates extreme market sentiment divergence, potentially providing a buying opportunity for investors.
  • Investor Sentiment Shift: Given the current oversold status, investors may reassess BLTE's investment value, especially as its price approaches the 52-week low, attracting those looking for bargain buys.
Yahoo Finance
9.5
05-21Yahoo Finance
Belite Bio Reports Q1 2026 Earnings with Increased R&D and SG&A Expenses
  • R&D Expense Surge: Belite Bio's R&D expenses soared to $15.7 million in Q1 2026 from $9.4 million in Q1 2025, primarily driven by increased spending on clinical trials and manufacturing, which will exert pressure on the company's financial health.
  • Widening Net Loss: The company reported a GAAP net loss of $26.9 million in Q1 2026, significantly up from $14.3 million in the same period last year, reflecting high operational costs and market uncertainties that could impact investor confidence.
  • Strong Cash Position: Belite Bio ended Q1 2026 with $799 million in cash and cash equivalents, providing ample capital to support its business goals despite the pressure from rising expenses.
  • FDA Submission Progress: The company has initiated the NDA rolling submission for STARGUS disease, expected to be completed by Q2 2026, which could lay the groundwork for future market launches, although uncertainties remain regarding FDA approval requirements.
seekingalpha
9.5
05-21seekingalpha
Belite Bio Q1 2026 Earnings Call Insights
  • NDA Submission Progress: Belite Bio initiated its NDA rolling submission for Stargardt disease in April 2026 after receiving its Phase III clinical study report in Q1, with completion expected by Q2, demonstrating the company's efficient execution in drug launch preparations.
  • Strong Financial Position: Despite Q1 2026 R&D expenses reaching $15.7 million and SG&A expenses at $17 million, resulting in a GAAP net loss of $26.9 million, the company ended the quarter with $799 million in cash and cash equivalents, ensuring ample funding for future commercialization and clinical trials.
  • Japan Market Development: The company completed enrollment for the DRAGON II clinical trial with 73 adolescents and adults from Japan, the U.S., and the U.K., indicating steady progress in its strategic positioning within the Japanese market, which is expected to accelerate international product rollout.
  • Future Outlook: CEO Lin noted that FDA recommendations could provide a pathway for single-study approval, with interim data for geographic atrophy (GA) expected by year-end, reflecting the company's proactive planning in regulatory and market strategies.
NASDAQ.COM
9.5
05-20NASDAQ.COM
Multiple Companies Set to Report Earnings
  • NVIDIA Earnings Forecast: NVIDIA is expected to report earnings of $1.70 per share for the quarter ending April 30, 2026, reflecting a 120.78% increase year-over-year, despite missing consensus in Q2 2025, indicating strong recovery potential in the semiconductor sector.
  • Intuit's Consistent Outperformance: Intuit's forecasted earnings of $11.13 per share represent a 6.61% increase compared to last year, with the company having beaten expectations every quarter over the past year, showcasing its competitive strength and sustained market demand in the software industry.
  • Nordson's Profit Growth: Nordson anticipates earnings of $2.82 per share, a 16.53% increase year-over-year, and has consistently exceeded expectations each quarter in the past year, highlighting its robust performance in the machinery sector.
  • Urban Outfitters Decline: Urban Outfitters expects earnings of $1.12 per share, a 3.45% decrease from the previous year, although it has beaten expectations consistently over the past year, the current downward trend may impact market confidence.
NASDAQ.COM
9.5
05-20NASDAQ.COM
Belite Bio Reports Q1 Loss and Milestones Update
  • Widening Financial Loss: Belite Bio reported an adjusted net loss of $26.94 million for Q1, translating to $0.68 per share, which is a significant increase from last year's $14.28 million loss and $0.45 per share, indicating ongoing pressure from R&D investments that could impact future financing capabilities.
  • Cash Reserves Status: As of March 31, 2026, the company had $276.4 million in cash and cash equivalents, providing some liquidity; however, the ongoing losses may limit its ability to invest in clinical trials and product development, affecting long-term growth potential.
  • Clinical Trial Progress: The company has completed the Phase 3 DRAGON trial for STGD1 and is currently conducting the Phase 2/3 DRAGON II trial, showcasing its R&D advancements in ophthalmic disease treatment, which could enhance market competitiveness if successful.
  • NDA Submission Plans: Following the DRAGON trial results, Belite Bio initiated a rolling NDA submission for STGD1 in April 2026, expected to be completed in Q2 2026, which may open new market opportunities for the company.
seekingalpha
9.5
05-20seekingalpha
Belite Biopress Q1 Non-GAAP EPS Exceeds Expectations
  • Earnings Highlights: Belite Biopress reported a Q1 Non-GAAP EPS of -$0.34, beating market expectations by $0.30, indicating potential improvement in the company's financial performance.
  • Cash Flow Status: As of March 31, 2026, the company had $276.4 million in cash and cash equivalents, down from $352.9 million on December 31, 2025, reflecting urgency in capital utilization.
  • Investment Portfolio Growth: As of March 31, 2026, the company's investments in U.S. treasury bills and notes reached $522.2 million, a significant increase from $419.7 million as of December 31, 2025, demonstrating proactive capital management strategies.
  • Future Plans: Belite Bio aims to submit an NDA in Q2 2026 and plans to spend $200 million to $250 million on commercialization for Stargardt therapy, showcasing strong confidence in future product development.
Wall Street analysts forecast BLTE stock price to rise
7 Analyst Rating
Wall Street analysts forecast BLTE stock price to rise
7 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
154.00
Averages
186.57
High
200.00
Current: 0.000
sliders
Low
154.00
Averages
186.57
High
200.00
Mizuho
Graig Suvannavejh
Outperform
downgrade
$223 -> $215
AI Analysis
2026-05-26
New
Reason
Mizuho
Graig Suvannavejh
Price Target
$223 -> $215
AI Analysis
2026-05-26
New
downgrade
Outperform
Reason
Mizuho analyst Graig Suvannavejh lowered the firm's price target on Belite Bio to $215 from $223 and keeps an Outperform rating on the shares. The "key takeaway" from the company's Q1 report last week is that all major milestones for tinlarebant remain on track, the analyst tells investors.
Morgan Stanley
Judah Frommer
Overweight
maintain
$191 -> $201
2026-03-03
Reason
Morgan Stanley
Judah Frommer
Price Target
$191 -> $201
2026-03-03
maintain
Overweight
Reason
Morgan Stanley analyst Judah Frommer raised the firm's price target on Belite Bio to $201 from $191 and keeps an Overweight rating on the shares. The company's Q4 update included narrowing timing for expected tinlarebant NDA submission to the FDA to Q2 and management reiterated expectations for a broad label, the analyst tells investors.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for BLTE
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Valuation Metrics

The current forward P/E ratio for Belite Bio Inc (BLTE.O) is 227.27, compared to its 5-year average forward P/E of -8.95. For a more detailed relative valuation and DCF analysis to assess Belite Bio Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-8.95
Current PE
227.27
Overvalued PE
71.87
Undervalued PE
-89.77

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-6.69
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
21.57
Undervalued EV/EBITDA
-34.95

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
12.99
Current PS
24.24
Overvalued PS
55.84
Undervalued PS
-29.86

Financials

AI Analysis
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Whales Holding BLTE

E
Eventide Asset Management, LLC
Holding
BLTE
+19.45%
3M Return
F
Fubon Asset Management Co., Ltd.
Holding
BLTE
+16.25%
3M Return
P
Perceptive Advisors LLC
Holding
BLTE
+10.32%
3M Return
D
Deerfield Management Company, L.P.
Holding
BLTE
+9.36%
3M Return
R
RTW Investments, LP
Holding
BLTE
+3.43%
3M Return
R
RA Capital Management, L.P.
Holding
BLTE
-3.23%
3M Return

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Frequently Asked Questions

What is Belite Bio Inc (BLTE) stock price today?

The current price of BLTE is 144.18 USD — it has decreased -2.58

What is Belite Bio Inc (BLTE)'s business?

Belite Bio, Inc is a clinical-stage biopharmaceutical drug development company. The Company is focused on advancing novel therapeutics targeting retinal degenerative eye disease, such as Geographic Atrophy (GA), age-related macular degeneration (AMD), and Stargardt disease type 1 (STGD1), both of which progressively lead to permanent blindness, and metabolic diseases such as non-alcoholic fatty liver disease (NAFLD), non-alcoholic steatohepatitis (NASH), type 2 diabetes (T2D), and gout. Its lead product candidate, Tinlarebant, is an oral daily treatment for STGD1 and GA patients. In STGD1, it is developing Tinlarebant as a once-a-day tablet treatment to target Retinol binding protein 4 (RBP4) by disrupting vitamin A (retinol) binding to RBP4, which leads to reduced delivery of retinol to the eye and reduced accumulation of toxic vitamin A by-products. Its product candidate also includes LBS-009, an anti-RBP4 oral therapy targeting liver disease, including NAFLD, NASH, and T2D.

What is the price predicton of BLTE Stock?

Wall Street analysts forecast BLTE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BLTE is186.57 USD with a low forecast of 154.00 USD and a high forecast of 200.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Belite Bio Inc (BLTE)'s revenue for the last quarter?

Belite Bio Inc revenue for the last quarter amounts to -32.68M USD, increased 110.63

What is Belite Bio Inc (BLTE)'s earnings per share (EPS) for the last quarter?

Belite Bio Inc. EPS for the last quarter amounts to USD, decreased

How many employees does Belite Bio Inc (BLTE). have?

Belite Bio Inc (BLTE) has 41 emplpoyees as of May 31 2026.

What is Belite Bio Inc (BLTE) market cap?

Today BLTE has the market capitalization of 5.78B USD.