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RLAY 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
14.140
Open
13.990
VWAP
13.81
Vol
2.96M
Mkt Cap
3.02B
Low
13.190
Amount
40.92M
EV/EBITDA(TTM)
--
Total Shares
214.50M
EV
2.30B
EV/OCF(TTM)
--
P/S(TTM)
222.93
Relay Therapeutics, Inc. is a clinical-stage, small molecule precision medicine company developing potentially life-changing therapies for patients living with cancer and genetic disease. The Company's Dynamo platform integrates an array of computational and experimental approaches designed to drug protein targets that have previously been intractable or inadequately addressed. The Company's lead clinical asset, zovegalisib (RLY-2608), is the pan-mutant selective PI3Ka inhibitor to enter clinical development and is currently in a Phase 3 clinical trial (ReDiscover-2) in HR+/HER2- metastatic breast cancer. Zovegalisib is also being investigated in a group of genetic disease indications called PI3Ka-driven vascular anomalies. Its pipeline also includes programs for NRAS-driven solid tumors and Fabry disease.
Show More

Events Timeline

(ET)
2026-05-20
20:30:00
Deal Size Increased to $275M
select
2026-05-19 (ET)
2026-05-19
17:40:00
Relay Therapeutics Launches $175M Public Offering
select
2026-05-19
16:30:00
Major Averages Decline for Second Day, Tech Stocks Lead Losses
select

News

Fool
8.5
05-22Fool
Relay Therapeutics Achieves Breakthrough in Drug Trials
  • Clinical Trial Progress: Relay Therapeutics presented phase 2 trial data for zovegalisib in treating vascular anomalies, showing a volumetric response in about 60% of the 20 patients evaluated, indicating potential efficacy in PIK3CA mutation patients and broadening its market applications.
  • FDA Breakthrough Therapy Designation: Zovegalisib received FDA breakthrough therapy designation for PIK3CA-mutant HR+/HER2- advanced breast cancer, highlighting its clinical potential in oncology and the ability to assist approximately 140,000 patients, thereby boosting investor confidence.
  • Diverse Development Pipeline: In addition to zovegalisib, Relay is developing three other therapies, including RLY-8161, a-Gal, and Lirafugratinib, targeting tumors and rare diseases, showcasing the company's extensive positioning in the biopharmaceutical sector and future growth potential.
  • Strong Financial Position: Relay reports approximately $642 million in cash and cash equivalents, projected to fund operations into 2029, significantly reducing the financial risks associated with clinical trials and providing a solid foundation for long-term development.
NASDAQ.COM
8.5
05-22NASDAQ.COM
Relay Therapeutics Shows Strong Performance Post-IPO
  • Clinical Trial Progress: Relay Therapeutics' lead therapy, zovegalisib, demonstrated a volumetric response in approximately 60% of patients in its phase 2 trial for vascular anomalies, indicating potential therapeutic effects in PIK3CA mutation patients and possibly expanding its market applications.
  • Strong Financial Position: The company currently holds about $642 million in cash and cash equivalents, projected to fund operations into 2029, providing ample financial support for clinical trials and reducing reliance on volatile capital markets.
  • FDA Breakthrough Therapy Designation: Zovegalisib has received breakthrough therapy designation from the FDA, highlighting its potential in treating HR+/HER2- advanced breast cancer patients, with an impressive median progression-free survival of 11.1 months in heavily pretreated patients, boosting investor confidence in its future.
  • Broad Market Potential: Relay's treatment options target approximately 140,000 HR+/HER2- breast cancer patients and 170,000 patients with vascular anomalies, showcasing significant application potential within large patient populations, which could lead to substantial market opportunities for the company.
Yahoo Finance
9.5
05-22Yahoo Finance
Relay Therapeutics Achieves Breakthrough in Clinical Trials
  • Clinical Trial Data: Relay Therapeutics' phase 2 trial for zovegalisib in treating vascular anomalies showed a volumetric response in about 60% of the 20 patients evaluated, indicating potential efficacy in PIK3CA mutation patients and possibly expanding its market applications.
  • FDA Breakthrough Therapy Designation: Zovegalisib received FDA breakthrough therapy designation for PIK3CA-mutant HR+/HER2- advanced breast cancer, demonstrating an impressive median progression-free survival of 11.1 months in heavily pretreated patients, enhancing its clinical outlook.
  • Strong Financial Position: Relay Therapeutics reported approximately $642 million in cash and cash equivalents, bolstered by a successful IPO in 2020, providing ample funding for future clinical trials projected to last until 2029, ensuring operational stability.
  • Diverse Drug Pipeline: In addition to zovegalisib, Relay is developing RLY-8161 for NRAS solid tumors, a-Gal for Fabry disease, and Lirafugratinib licensed to Elevar Therapeutics, showcasing its diversified approach in the biopharmaceutical sector.
seekingalpha
8.5
05-21seekingalpha
Relay Therapeutics Prices Public Offering at $12.00 per Share
  • Offering Size: Relay Therapeutics announced a public offering of 22.92 million shares at $12.00 per share, with gross proceeds anticipated to be around $275 million, indicating strong market interest in the company's equity.
  • Underwriting Arrangement: The offering is managed by Jefferies, TD Cowen, Goldman Sachs & Co. LLC, and Guggenheim Securities, with Raymond James as the lead manager, reflecting robust support from top financial institutions in the industry.
  • Additional Share Option: The company has granted underwriters the option to purchase an additional 3.44 million shares within 30 days, enhancing the offering's flexibility and potential funding size, which could provide more capital for future R&D and operations.
  • Expected Closing Date: The offering is expected to close around May 22, 2026, pending usual conditions, providing investors with a clear timeline to assess their investment opportunities.
NASDAQ.COM
8.5
05-21NASDAQ.COM
Relay Therapeutics Prices Public Offering at $12 per Share
  • Public Offering Size: Relay Therapeutics priced its public offering at $12 per share for 22.92 million shares, expecting to raise approximately $275 million, which will strengthen the company's financial position to support its clinical development projects.
  • Underwriter Arrangement: The offering is managed by Jefferies, TD Cowen, Goldman Sachs, and Guggenheim Securities, reflecting market confidence in Relay and potentially attracting more investor interest in its future developments.
  • Clinical Asset Progress: The company's lead clinical asset, Zovegalisib, is currently in a Phase 3 ReDiscover-2 clinical trial for HR+/HER2- metastatic breast cancer, and a successful outcome could significantly enhance the company's market position in precision medicine.
  • Stock Performance: Over the past year, RLAY shares have traded between $2.75 and $17.32, with the latest closing price at $13.02, up 7.87% from the previous trading day, indicating optimistic sentiment among investors regarding the company's future prospects.
Newsfilter
8.5
05-21Newsfilter
Relay Therapeutics Prices Public Offering at $12 per Share
  • Offering Size: Relay Therapeutics announced a public offering of 22,916,667 shares at $12.00 per share, with gross proceeds expected to be approximately $275 million before underwriting discounts, which will significantly bolster the company's funding for future R&D initiatives.
  • Underwriter Arrangement: The offering is being managed by Jefferies, TD Cowen, Goldman Sachs, and Guggenheim Securities as joint book-running managers, with Raymond James as the lead manager, reflecting strong market confidence in Relay's growth prospects and strategic direction.
  • Registration Statement: The offering is conducted under an automatically effective shelf registration statement on Form S-3ASR filed with the SEC on August 6, 2024, ensuring compliance and transparency, which is likely to attract more investor participation.
  • Closing Timeline: The offering is expected to close on or about May 22, 2026, and if successful, will provide Relay Therapeutics with essential capital to advance its innovative drug development efforts in cancer and genetic diseases.
Wall Street analysts forecast RLAY stock price to rise
6 Analyst Rating
Wall Street analysts forecast RLAY stock price to rise
5 Buy
1 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
13.00
Averages
14.75
High
17.00
Current: 0.000
sliders
Low
13.00
Averages
14.75
High
17.00
H.C. Wainwright
H.C. Wainwright
Buy
maintain
$25 -> $28
AI Analysis
2026-05-26
Reason
H.C. Wainwright
H.C. Wainwright
Price Target
$25 -> $28
AI Analysis
2026-05-26
maintain
Buy
Reason
H.C. Wainwright raised the firm's price target on Relay Therapeutics to $28 from $25 and keeps a Buy rating on the shares after the company presented initial results from the ongoing Phase 2 ReInspire trial evaluating zovegalisib in adults and adolescents with PIK3CA-driven vascular anomalies. The firm believes the results may position zovegalisib as the "go-to option for PIK3CA-driven vascular anomalies should they be recapitulated in dose expansion."
Guggenheim
Buy
maintain
$22 -> $26
2026-05-26
Reason
Guggenheim
Price Target
$22 -> $26
2026-05-26
maintain
Buy
Reason
Guggenheim raised the firm's price target on Relay Therapeutics to $26 from $22 and keeps a Buy rating on the shares. The firm updated its model for recent financing and has increased its view of the odds of success for zovegalisib in several indications.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for RLAY
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Valuation Metrics

The current forward P/E ratio for Relay Therapeutics Inc (RLAY.O) is 0.00, compared to its 5-year average forward P/E of -5.32. For a more detailed relative valuation and DCF analysis to assess Relay Therapeutics 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
-5.32
Current PE
0.00
Overvalued PE
-1.48
Undervalued PE
-9.17

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
-3.21
Current EV/EBITDA
-5.39
Overvalued EV/EBITDA
0.27
Undervalued EV/EBITDA
-6.69

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
906.00
Current PS
150.08
Overvalued PS
2183.93
Undervalued PS
-371.93

Financials

AI Analysis
Annual
Quarterly

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Whales Holding RLAY

C
Commodore Capital LP
Holding
RLAY
+16.65%
3M Return
T
TCG Crossover Management, LLC
Holding
RLAY
+1.52%
3M Return
I
ICONIQ Capital, LLC
Holding
RLAY
-2.50%
3M Return
K
Kynam Capital Management, LP
Holding
RLAY
-9.67%
3M Return
S
SB Investment Advisers (UK) Limited
Holding
RLAY
-10.32%
3M Return

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Frequently Asked Questions

What is Relay Therapeutics Inc (RLAY) stock price today?

The current price of RLAY is 14.09 USD — it has increased 3.15

What is Relay Therapeutics Inc (RLAY)'s business?

Relay Therapeutics, Inc. is a clinical-stage, small molecule precision medicine company developing potentially life-changing therapies for patients living with cancer and genetic disease. The Company's Dynamo platform integrates an array of computational and experimental approaches designed to drug protein targets that have previously been intractable or inadequately addressed. The Company's lead clinical asset, zovegalisib (RLY-2608), is the pan-mutant selective PI3Ka inhibitor to enter clinical development and is currently in a Phase 3 clinical trial (ReDiscover-2) in HR+/HER2- metastatic breast cancer. Zovegalisib is also being investigated in a group of genetic disease indications called PI3Ka-driven vascular anomalies. Its pipeline also includes programs for NRAS-driven solid tumors and Fabry disease.

What is the price predicton of RLAY Stock?

Wall Street analysts forecast RLAY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RLAY is14.75 USD with a low forecast of 13.00 USD and a high forecast of 17.00 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 Relay Therapeutics Inc (RLAY)'s revenue for the last quarter?

Relay Therapeutics Inc revenue for the last quarter amounts to 3.00M USD, decreased -60.93

What is Relay Therapeutics Inc (RLAY)'s earnings per share (EPS) for the last quarter?

Relay Therapeutics Inc. EPS for the last quarter amounts to -0.41 USD, decreased -10.87

How many employees does Relay Therapeutics Inc (RLAY). have?

Relay Therapeutics Inc (RLAY) has 192 emplpoyees as of June 10 2026.

What is Relay Therapeutics Inc (RLAY) market cap?

Today RLAY has the market capitalization of 3.02B USD.