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Forte Biosciences NasdaqCM:FBRX Stock Report

Last Price

US$25.27

Market Cap

US$33.2m

7D

17.5%

1Y

22.0%

Updated

02 Jan, 2025

Data

Company Financials +

Forte Biosciences, Inc.

NasdaqCM:FBRX Stock Report

Market Cap: US$33.2m

My Notes

Capture your thoughts, links and company narrative

Forte Biosciences, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Forte Biosciences
Historical stock prices
Current Share PriceUS$25.27
52 Week HighUS$28.68
52 Week LowUS$4.11
Beta2.87
1 Month Change5.29%
3 Month Change403.39%
1 Year Change21.99%
3 Year Change-47.63%
5 Year Changen/a
Change since IPO-93.98%

Recent News & Updates

Recent updates

We're A Little Worried About Forte Biosciences' (NASDAQ:FBRX) Cash Burn Rate

Jul 17
We're A Little Worried About Forte Biosciences' (NASDAQ:FBRX) Cash Burn Rate

Is Forte Biosciences (NASDAQ:FBRX) In A Good Position To Deliver On Growth Plans?

Mar 14
Is Forte Biosciences (NASDAQ:FBRX) In A Good Position To Deliver On Growth Plans?

Large Forte Biosciences shareholder scolds company board of directors

Aug 24

We're Hopeful That Forte Biosciences (NASDAQ:FBRX) Will Use Its Cash Wisely

Aug 17
We're Hopeful That Forte Biosciences (NASDAQ:FBRX) Will Use Its Cash Wisely

Forte Biosciences: Lots Of Clinical Risk Ahead And A Questionable Business Plan

Aug 16

Forte Biosciences large shareholders make demands for company's future

Jul 07

We Think Forte Biosciences (NASDAQ:FBRX) Needs To Drive Business Growth Carefully

Dec 23
We Think Forte Biosciences (NASDAQ:FBRX) Needs To Drive Business Growth Carefully

Forte Biosciences files for $300M mixed shelf offering

May 28

Are Insiders Buying Forte Biosciences, Inc. (NASDAQ:FBRX) Stock?

Mar 13
Are Insiders Buying Forte Biosciences, Inc. (NASDAQ:FBRX) Stock?

Do Institutions Own Forte Biosciences, Inc. (NASDAQ:FBRX) Shares?

Jan 19
Do Institutions Own Forte Biosciences, Inc. (NASDAQ:FBRX) Shares?

Forte Biosciences: FB-401 Potentially Best-In-Class In Atopic Dermatitis

Dec 18

Who Has Been Buying Forte Biosciences, Inc. (NASDAQ:FBRX) Shares?

Nov 25
Who Has Been Buying Forte Biosciences, Inc. (NASDAQ:FBRX) Shares?

Forte Biosciences readies equity offering

Oct 28

Shareholder Returns

FBRXUS BiotechsUS Market
7D17.5%-2.3%-2.6%
1Y22.0%-6.3%24.5%

Return vs Industry: FBRX exceeded the US Biotechs industry which returned -6.3% over the past year.

Return vs Market: FBRX underperformed the US Market which returned 24.5% over the past year.

Price Volatility

Is FBRX's price volatile compared to industry and market?
FBRX volatility
FBRX Average Weekly Movement38.6%
Biotechs Industry Average Movement10.8%
Market Average Movement6.3%
10% most volatile stocks in US Market17.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: FBRX's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: FBRX's weekly volatility has increased from 22% to 38% over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a11Paul A. Wagnerwww.fortebiorx.com

Forte Biosciences, Inc. operates as a biopharmaceutical company in the United States. The company is developing FB-102 program that addresses various autoimmune diseases, such as graft-versus-host disease, and vitiligo and alopecia areata. Forte Biosciences, Inc. is headquartered in Dallas, Texas.

Forte Biosciences, Inc. Fundamentals Summary

How do Forte Biosciences's earnings and revenue compare to its market cap?
FBRX fundamental statistics
Market capUS$33.20m
Earnings (TTM)-US$34.19m
Revenue (TTM)n/a

0.0x

P/S Ratio

-1.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FBRX income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$34.20m
Earnings-US$34.19m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-23.39
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did FBRX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 23:03
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Forte Biosciences, Inc. is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kalpit PatelB. Riley Securities, Inc.
Kumaraguru RajaBrookline Capital Markets
Keay NakaeChardan Capital Markets, LLC