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GLTO 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

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High
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Open
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VWAP
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Vol
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Mkt Cap
13.63M
Low
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Amount
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EV/EBITDA(TTM)
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Total Shares
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EV
1.72B
EV/OCF(TTM)
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P/S(TTM)
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Galecto, Inc. is a clinical-stage biotechnology company focused on the development of novel treatments for cancer and liver diseases. The Company’s pipeline consists of small molecule drug candidates that target cancer and fibrosis signaling pathways, including a preclinical dual inhibitor of ENL-YEATS and FLT3 (GB3226) for multiple genetic subsets of AML; an orally active galectin-3 inhibitor (GB1211) in combination with a checkpoint inhibitor for various oncology indications and (an orally active galectin-3 inhibitor (GB1211) for the treatment of liver cirrhosis. It is developing GB3226, a preclinical small molecule dual inhibitor of ENL-YEATS and FLT3 for multiple molecularly defined subsets of acute myeloid leukemia (AML). The Company’s pipeline is GB1211, its oral small molecule galectin-3 inhibitor candidate, which is in development for the treatment of non-small cell lung cancer (NSCLC), melanoma, head and neck squamous cell carcinoma (HNSCC), and decompensated cirrhosis.
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Events Timeline

(ET)
2026-03-09
08:20:00
Galecto Changes Name to Damora Therapeutics and Plans Nasdaq Listing in 2026
select
2026-03-04 (ET)
2026-03-04
08:20:00
Galecto Grants 153,700 Stock Options to New Employees
select
2026-02-10 (ET)
2026-02-10
16:10:00
Galecto Commences Underwritten Public Offering of Common and Preferred Stock
select
2026-01-12 (ET)
2026-01-12
08:50:00
Galecto Expects to Initiate Anti-MutCALR Clinical Development in 2026
select

News

seekingalpha
8.5
02-11seekingalpha
Galecto Prices Public Offering at $19.00 per Share, Expected to Raise $275M
  • Public Offering Pricing: Galecto has priced its underwritten public offering at $19.00 per share for approximately 14.47 million shares, expecting to raise about $275 million, which will support its R&D and operations, although the stock traded 3.8% lower in after-hours trading, indicating investor caution regarding the offering.
  • Underwriters' Option: The underwriters have a 30-day option to purchase an additional 2.17 million shares, providing flexibility that could enhance the company's financial position and strengthen its competitive edge in the biopharmaceutical sector.
  • Offering Closure Date: The offering is expected to close on or about February 12, 2026, allowing the company ample time to optimize its funding allocation plans to ensure effective use of the proceeds and smooth project advancement.
  • Executive Appointments: Galecto has appointed former Blueprint Medicines executives as COO and CMO, which may bring new strategic insights and management experience to the company, further driving its business development.
Globenewswire
5.0
01-06Globenewswire
Galecto Appoints New Executives to Advance DMR-001 Clinical Trials
  • Executive Appointments: Galecto has appointed Sherwin Sattarzadeh as COO and Becker Hewes as CMO, both from Blueprint Medicines, leveraging their 20+ years of drug development experience to drive DMR-001 into clinical trials.
  • Clinical Advancement: DMR-001, a monoclonal antibody targeting mutant calreticulin, is on track for IND submission in mid-2026, with plans for first-in-human dosing via subcutaneous administration, marking a significant step in blood cancer treatment.
  • Financial Position: The company's cash balance, including $285 million raised in a PIPE in November 2025, provides a financial runway into 2029 to support multiple data milestones, including Phase 1 clinical proof-of-concept data for DMR-001 expected in 2027.
  • Incentive Plan: The appointments of Sattarzadeh and Hewes come with stock incentive grants of 190,376 and 264,629 restricted stock units respectively, reflecting the company's commitment to its executive team and confidence in future growth.
Benzinga
2.0
2025-12-26Benzinga
Aptevo Therapeutics Announces 1-for-18 Reverse Stock Split, Shares Plunge 38.4%
  • Reverse Stock Split Announcement: Aptevo Therapeutics has announced a 1-for-18 reverse stock split effective December 29, converting every 18 shares into one, which has led to a significant 38.4% drop in share price to $0.57, indicating a negative market reaction despite prior shareholder approval in July.
  • Severe Market Reaction: Following the reverse stock split announcement, Aptevo's shares plummeted sharply during Friday's session, reflecting investor concerns about the company's future prospects, which could adversely affect its financing capabilities and market confidence.
  • Shareholder Approval Context: The final ratio for the reverse split was approved by the board in mid-December, despite having received shareholder support at the July annual meeting, yet the market's response raises questions about the company's governance and strategic direction.
  • Industry Impact: The sharp decline in Aptevo's stock price may affect its competitive position in the biopharmaceutical sector, particularly regarding financing and partnership opportunities, as investors may reassess its investment value.
Globenewswire
5.0
2025-12-16Globenewswire
Galecto Grants 312,535 Stock Options to New Employee
  • Stock Option Grant: On December 15, 2025, Galecto's Board approved the grant of 312,535 non-qualified stock options to a new employee at an exercise price of $32.00 per share, aimed at attracting talent and enhancing the company's competitive edge.
  • Incentive Plan: The grant follows the company's 2022 Inducement Plan, with options vesting 25% on the first anniversary and subsequently 1/48th monthly, ensuring employee retention to achieve long-term objectives.
  • Talent Attraction: By offering attractive stock options, Galecto aims to attract and retain key talent to support its innovative R&D in hematological cancer treatments, thereby strengthening its market position in the biotechnology sector.
  • Future Outlook: Galecto plans to submit an IND application for its lead asset DMR-001 in mid-2026, with the new employee's addition expected to accelerate the R&D process and drive breakthroughs in antibody therapies.
Newsfilter
5.0
2025-12-16Newsfilter
Galecto Grants 312,535 Stock Options to New Employee
  • Stock Option Grant: On December 15, 2025, Galecto's Board approved the grant of 312,535 non-qualified stock options to a new employee at an exercise price of $32.00 per share, aimed at attracting talent and enhancing the company's competitive edge.
  • Incentive Plan: The grant is made under the Company's 2022 Inducement Plan, with options vesting 25% on the first anniversary and 1/48th monthly thereafter, ensuring the employee's continued employment to earn the options.
  • Talent Attraction: By offering attractive stock options, Galecto aims to draw key talent to support its clinical development in hematological cancer treatments, thereby strengthening its market position in the biotechnology sector.
  • Future Outlook: Galecto expects to submit an IND application for its lead asset DMR-001 in mid-2026, further advancing its antibody therapeutic pipeline and enhancing the company's innovative capabilities in treating blood cancers.
Benzinga
4.0
2025-12-01Benzinga
Guggenheim Begins Coverage of Galecto with a Buy Rating and Sets Price Target at $32
  • Real-time Intelligence: Benzinga Pro offers the fastest news alerts for traders to stay updated on market movements.

  • Exclusive Stories: The platform provides unique stories generated by Benzinga reporters, enhancing the trading experience for its users.

  • Community of Traders: Over 10,000 serious traders are part of the Benzinga Pro community, sharing insights and strategies.

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Wall Street analysts forecast GLTO stock price to rise
2 Analyst Rating
Wall Street analysts forecast GLTO stock price to rise
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
36.00
Averages
41.00
High
46.00
Current: 0.000
sliders
Low
36.00
Averages
41.00
High
46.00
Guggenheim
Buy
maintain
$36 -> $40
AI Analysis
2026-02-17
Reason
Guggenheim
Price Target
$36 -> $40
AI Analysis
2026-02-17
maintain
Buy
Reason
Guggenheim raised the firm's price target on Galecto to $40 from $36 and keeps a Buy rating on the shares. The firm, which is updating its model following the company's recent financing, which it says "showed high demand and produced minimal dilution for a preclinical biotech equity raise," notes that Galecto now has about $600M to pursue development of what the firm considers to be "one of the more interesting opportunities in oncology."
UBS
Buy
initiated
$45
2026-02-17
Reason
UBS
Price Target
$45
2026-02-17
initiated
Buy
Reason
UBS initiated coverage of Galecto with a Buy rating and $45 price target. Galecto is developing DMR-001, a long-acting antibody targeting mutant calreticulin for essential thrombocythemia and myelofibrosis, acquired through its reverse merger with Damora Therapeutics, the analyst tells investors in a research note. DMR-001 would be the first therapy to address the underlying driver mutation via subcutaneous administration, aiming to treat symptoms and reduce progression risk to severe leukemia, UBS says.
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Valuation Metrics

The current forward P/E ratio for Galecto Inc (GLTO.O) is 0.00, compared to its 5-year average forward P/E of -0.90. For a more detailed relative valuation and DCF analysis to assess Galecto 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
-0.90
Current PE
0.00
Overvalued PE
-0.24
Undervalued PE
-1.55

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
0.26
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.73
Undervalued EV/EBITDA
-0.21

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
10.37
Current PS
0.00
Overvalued PS
37.88
Undervalued PS
-17.14

Financials

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Whales Holding GLTO

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Fairmount Funds Management LLC
Holding
GLTO
-3.28%
3M Return

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Frequently Asked Questions

What is Galecto Inc (GLTO) stock price today?

The current price of GLTO is 0 USD — it has decreased -0.77

What is Galecto Inc (GLTO)'s business?

Galecto, Inc. is a clinical-stage biotechnology company focused on the development of novel treatments for cancer and liver diseases. The Company’s pipeline consists of small molecule drug candidates that target cancer and fibrosis signaling pathways, including a preclinical dual inhibitor of ENL-YEATS and FLT3 (GB3226) for multiple genetic subsets of AML; an orally active galectin-3 inhibitor (GB1211) in combination with a checkpoint inhibitor for various oncology indications and (an orally active galectin-3 inhibitor (GB1211) for the treatment of liver cirrhosis. It is developing GB3226, a preclinical small molecule dual inhibitor of ENL-YEATS and FLT3 for multiple molecularly defined subsets of acute myeloid leukemia (AML). The Company’s pipeline is GB1211, its oral small molecule galectin-3 inhibitor candidate, which is in development for the treatment of non-small cell lung cancer (NSCLC), melanoma, head and neck squamous cell carcinoma (HNSCC), and decompensated cirrhosis.

What is the price predicton of GLTO Stock?

Wall Street analysts forecast GLTO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GLTO is41.00 USD with a low forecast of 36.00 USD and a high forecast of 46.00 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 Galecto Inc (GLTO)'s revenue for the last quarter?

Galecto Inc revenue for the last quarter amounts to -27.39M USD, increased 911.67

What is Galecto Inc (GLTO)'s earnings per share (EPS) for the last quarter?

Galecto Inc. EPS for the last quarter amounts to 566000.00 USD, decreased -111.47

How many employees does Galecto Inc (GLTO). have?

Galecto Inc (GLTO) has 5 emplpoyees as of March 22 2026.

What is Galecto Inc (GLTO) market cap?

Today GLTO has the market capitalization of 13.63M USD.