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FBRX Overview

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0.000(0.000%)Aft-market
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ET
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Intellectia

Loading chart...

High
33.950
Open
32.380
VWAP
32.94
Vol
445.37K
Mkt Cap
664.68M
Low
30.950
Amount
14.67M
EV/EBITDA(TTM)
--
Total Shares
19.60M
EV
509.47M
EV/OCF(TTM)
--
P/S(TTM)
--
Forte Biosciences, Inc. is a clinical-stage biopharmaceutical company that is advancing FB102, which is an anti-CD122 monoclonal antibody therapeutic candidate with potentially broad autoimmune and autoimmune-related indications. It is advancing clinical development of FB102 into patient-based trials for celiac disease and non-segmental vitiligo. The Company's FB102 program focuses on addressing key pathways implicated in these indications with a CD122 antagonist. CD122 is a subunit of IL-2/IL-15 receptors which are key regulators of NK cells and certain T cell subsets. FB102 has potentially other autoimmune and autoimmune-related applications including vitiligo, alopecia areata, and type 1 diabetes (T1D). Its subsidiaries include Forte Subsidiary, Inc. and Forte Biosciences Australia Proprietary Limited.
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Events Timeline

(ET)
2026-04-08
21:40:00
Guggenheim Increases Deal Size to $150M
select
2026-04-08
16:20:00
Forte Biosciences Commences Underwritten Public Offering of Common Stock
select
2026-03-31 (ET)
2026-03-31
16:10:00
Forte Biosciences to Release FB102 Clinical Results in 2026
select
2025-11-14 (ET)
2025-11-14
09:02:35
Forte Biosciences Announces Q3 Earnings Per Share of 99 Cents, Below Consensus Estimate of $1.07
select
2025-08-14 (ET)
2025-08-14
16:02:10
Forte Biosciences reports Q2 EPS (96c), consensus ($1.11)
select
2025-06-24 (ET)
2025-06-24
16:02:13
Forte Biosciences announces common stock offering, no amount given
select

News

seekingalpha
8.5
04-09seekingalpha
Forte Biosciences Prices Public Offering at $26.27 per Share
  • Offering Size: Forte Biosciences has announced a public offering of 5.71 million shares at a price of $26.27 per share, with expected gross proceeds of approximately $150 million, which will provide crucial funding for the company's operations and research development.
  • Underwriter Option: The underwriters have a 30-day option to purchase an additional 856,490 shares at the same price, which enhances market liquidity and investor confidence in the stock.
  • Use of Proceeds: The company plans to utilize the net proceeds for working capital and general corporate purposes, including funding clinical development and other research activities, indicating a proactive approach to advancing its research pipeline for long-term growth.
  • Financial Context: Forte Biosciences reported a GAAP EPS of -$4.71, and while currently in a loss position, this public offering will help improve its financial standing and support future business expansion.
Newsfilter
8.5
04-09Newsfilter
Forte Biosciences Prices Public Offering at $26.27 per Share
  • Offering Size: Forte Biosciences announced a public offering of 5,709,936 shares at $26.27 per share, with gross proceeds expected to be approximately $150 million, indicating strong market demand for the company's equity.
  • Underwriter Selection: Guggenheim Securities and Barclays are acting as joint book-running managers for the offering, reflecting the company's strategic considerations in selecting financial partners to enhance market confidence.
  • Use of Proceeds: The net proceeds will be allocated for working capital and general corporate purposes, including funding clinical development of its product candidates and research activities, demonstrating the company's commitment to future product development.
  • Compliance Statement: The offering is being conducted under SEC registration statement procedures, ensuring transparency and compliance of all related documents, which enhances investor trust in the company's governance.
seekingalpha
8.5
04-08seekingalpha
Forte Biosciences Launches Underwritten Public Offering
  • Public Offering Initiation: Forte Biosciences (FBRX) has launched an underwritten public offering of common stock, which is expected to provide essential funding to support its clinical development and research activities.
  • Additional Shares Option: The company may grant underwriters a 30-day option to purchase an additional 15% of shares, a strategy aimed at enhancing market liquidity and providing more opportunities for investors.
  • Clear Use of Proceeds: The proceeds from the offering will primarily be used for working capital, clinical development, and research activities, demonstrating the company's commitment to future growth and investment in R&D.
  • Financial Overview: Forte Biosciences reported a GAAP EPS of -$4.71, reflecting current financial challenges that may impact investor confidence in this offering.
seekingalpha
9.5
03-31seekingalpha
Forte Biosciences Reports FY 2025 Financial Results
  • Financial Performance: Forte Biosciences reported a FY 2025 GAAP EPS of -$4.71, an improvement from -$12.17 in 2024, indicating efforts to control losses, yet financial health remains a concern moving forward.
  • Cash Position: As of December 31, 2025, Forte had $77 million in cash and cash equivalents, which, while providing some liquidity, will be critical as the company advances FB102 through clinical trials and manages cash flow effectively.
  • Equity Structure: Forte has 12.9 million shares of common stock and 4.9 million prefunded warrants outstanding as of December 31, 2025, which will influence future financing strategies and shareholder equity distribution.
  • Expense Fluctuation Risk: The company noted that general and administrative expenses may fluctuate as it builds infrastructure and conducts multiple clinical trials, posing potential risks to profitability, especially if additional autoimmune indications are pursued.
Newsfilter
5.0
03-17Newsfilter
Forte Biosciences Grants Equity Inducement Awards
  • Equity Incentive Program: Forte Biosciences has granted a total of 25,000 stock options to new non-executive employees as an inducement to attract talent and strengthen its team, which is expected to enhance the company's competitiveness in the biopharmaceutical sector.
  • Grant Details: The options will vest over four years, with 25% vesting on the one-year anniversary of the employee's start date and the remaining 75% vesting in equal monthly increments over the following three years, ensuring long-term retention and stability of the workforce.
  • Incentive Plan Background: This equity incentive is part of Forte's 2020 Inducement Equity Incentive Plan, aimed at driving the development of FB102 by attracting key talent, thereby expanding its market potential in the field of autoimmune diseases.
  • Company Strategic Positioning: Forte Biosciences focuses on developing FB102, a proprietary anti-CD122 monoclonal antibody with broad autoimmune and related indications, and the implementation of this equity incentive will support the company's clinical development progress and market positioning.
NASDAQ.COM
2.0
01-05NASDAQ.COM
GH Research (GHRS) Stock Surges 22.36% Ahead of Key Update
  • Stock Surge: GH Research PLC's stock surged 22.36% to $16.20, gaining $2.96, primarily driven by investor anticipation for a key company update scheduled for January 5, 2026.
  • Key Update Announcement: The company will disclose the status of its Investigational New Drug Application (IND) for GH001 and progress on its global pivotal Phase 3 program for treatment-resistant depression (TRD), which is expected to have significant implications for the treatment landscape.
  • Investor Interest Spike: The strong investor interest surrounding the upcoming announcement has led to a substantial increase in GH Research's stock price, reflecting heightened market confidence in the biotech sector.
  • Positive Market Reaction: Despite no new updates from other biotech firms like Phathom Pharmaceuticals and Forte Biosciences, their stock prices also rose, indicating a broader optimistic sentiment in the biotechnology industry.
Wall Street analysts forecast FBRX stock price to rise
2 Analyst Rating
Wall Street analysts forecast FBRX stock price to rise
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
65.00
Averages
65.00
High
65.00
Current: 0.000
sliders
Low
65.00
Averages
65.00
High
65.00
Evercore ISI
Outperform
initiated
$65
AI Analysis
2025-11-25
Reason
Evercore ISI
Price Target
$65
AI Analysis
2025-11-25
initiated
Outperform
Reason
Evercore ISI initiated coverage of Forte Biosciences with an Outperform rating and $65 price target. There has been a notable re-rating in development-stage microcap companies, especially those with important proof of concept data in 2025 and 2026, notes the analyst. While arguing that Forte "falls squarely in this bucket," the firm notes shares have been slow to get the same bid until the last two weeks, adding that it thinks the setup is "super attractive into a catalyst-rich 2026."
Guggenheim
NULL -> Buy
initiated
$75
2025-08-18
Reason
Guggenheim
Price Target
$75
2025-08-18
initiated
NULL -> Buy
Reason
Guggenheim initiated coverage of Forte Biosciences with a Buy rating and $75 price target.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for FBRX
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Valuation Metrics

The current forward P/E ratio for Forte Biosciences Inc (FBRX.O) is 0.00, compared to its 5-year average forward P/E of -3.82. For a more detailed relative valuation and DCF analysis to assess Forte Biosciences 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
-3.82
Current PE
0.00
Overvalued PE
3.10
Undervalued PE
-10.75

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
-0.50
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
2.35
Undervalued EV/EBITDA
-3.35

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
0.00
Current PS
0.00
Overvalued PS
0.00
Undervalued PS
0.00

Financials

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Quarterly

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Whales Holding FBRX

O
OrbiMed Advisors LLC
Holding
FBRX
+2.04%
3M Return

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Frequently Asked Questions

What is Forte Biosciences Inc (FBRX) stock price today?

The current price of FBRX is 33.92 USD — it has increased 7.92

What is Forte Biosciences Inc (FBRX)'s business?

Forte Biosciences, Inc. is a clinical-stage biopharmaceutical company that is advancing FB102, which is an anti-CD122 monoclonal antibody therapeutic candidate with potentially broad autoimmune and autoimmune-related indications. It is advancing clinical development of FB102 into patient-based trials for celiac disease and non-segmental vitiligo. The Company's FB102 program focuses on addressing key pathways implicated in these indications with a CD122 antagonist. CD122 is a subunit of IL-2/IL-15 receptors which are key regulators of NK cells and certain T cell subsets. FB102 has potentially other autoimmune and autoimmune-related applications including vitiligo, alopecia areata, and type 1 diabetes (T1D). Its subsidiaries include Forte Subsidiary, Inc. and Forte Biosciences Australia Proprietary Limited.

What is the price predicton of FBRX Stock?

Wall Street analysts forecast FBRX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FBRX is65.00 USD with a low forecast of 65.00 USD and a high forecast of 65.00 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 Forte Biosciences Inc (FBRX)'s revenue for the last quarter?

Forte Biosciences Inc revenue for the last quarter amounts to -24.57M USD, increased 234.25

What is Forte Biosciences Inc (FBRX)'s earnings per share (EPS) for the last quarter?

Forte Biosciences Inc. EPS for the last quarter amounts to -16466000.00 USD, increased 64.00

How many employees does Forte Biosciences Inc (FBRX). have?

Forte Biosciences Inc (FBRX) has 19 emplpoyees as of April 20 2026.

What is Forte Biosciences Inc (FBRX) market cap?

Today FBRX has the market capitalization of 664.68M USD.