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Frequency Therapeutics NasdaqCM:FREQ Stock Report

Last Price

US$14.98

Market Cap

US$547.3m

7D

29.1%

1Y

-87.5%

Updated

05 Nov, 2023

Data

Company Financials +

Frequency Therapeutics, Inc.

NasdaqCM:FREQ Stock Report

Market Cap: US$547.3m

My Notes

Capture your thoughts, links and company narrative

Frequency Therapeutics, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Frequency Therapeutics
Historical stock prices
Current Share PriceUS$14.98
52 Week HighUS$279.50
52 Week LowUS$9.15
Beta0.77
1 Month Change-0.10%
3 Month Change-58.68%
1 Year Change-87.52%
3 Year Change-98.71%
5 Year Changen/a
Change since IPO-97.81%

Recent News & Updates

Recent updates

Is Frequency Therapeutics (NASDAQ:FREQ) Weighed On By Its Debt Load?

Jan 01
Is Frequency Therapeutics (NASDAQ:FREQ) Weighed On By Its Debt Load?

Frequency Therapeutics (NASDAQ:FREQ) Has Debt But No Earnings; Should You Worry?

Jan 19
Frequency Therapeutics (NASDAQ:FREQ) Has Debt But No Earnings; Should You Worry?

Frequency Therapeutics, Inc. (NASDAQ:FREQ) Analysts Are Reducing Their Forecasts For This Year

Aug 18
Frequency Therapeutics, Inc. (NASDAQ:FREQ) Analysts Are Reducing Their Forecasts For This Year

Health Check: How Prudently Does Frequency Therapeutics (NASDAQ:FREQ) Use Debt?

Jul 31
Health Check: How Prudently Does Frequency Therapeutics (NASDAQ:FREQ) Use Debt?

Frequency Therapeutics (FREQ) Investor Presentation - Slideshow

Jun 18

Frequency Therapeutics: A Look At What's Next After A Disappointing Data Readout

Apr 21

Frequency Therapeutics, Inc. (NASDAQ:FREQ) Analysts Are More Bearish Than They Used To Be

Apr 04
Frequency Therapeutics, Inc. (NASDAQ:FREQ) Analysts Are More Bearish Than They Used To Be

We're Not Worried About Frequency Therapeutics' (NASDAQ:FREQ) Cash Burn

Mar 15
We're Not Worried About Frequency Therapeutics' (NASDAQ:FREQ) Cash Burn

If You Had Bought Frequency Therapeutics (NASDAQ:FREQ) Shares A Year Ago You'd Have Earned 55% Returns

Jan 22
If You Had Bought Frequency Therapeutics (NASDAQ:FREQ) Shares A Year Ago You'd Have Earned 55% Returns

Have Insiders Sold Frequency Therapeutics, Inc. (NASDAQ:FREQ) Shares Recently?

Dec 27
Have Insiders Sold Frequency Therapeutics, Inc. (NASDAQ:FREQ) Shares Recently?

Frequency Therapeutics to host investor event in early January next year

Dec 18

How Much Are Frequency Therapeutics, Inc. (NASDAQ:FREQ) Insiders Taking Off The Table?

Dec 10
How Much Are Frequency Therapeutics, Inc. (NASDAQ:FREQ) Insiders Taking Off The Table?

Frequency Therapeutics, Inc. (NASDAQ:FREQ) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Nov 19
Frequency Therapeutics, Inc. (NASDAQ:FREQ) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Frequency Therapeutics EPS beats by $0.16, beats on revenue

Nov 16

Frequency Therapeutics Is An Interesting Speculative Play Ahead Of Phase 2 Results

Nov 09

Shareholder Returns

FREQUS BiotechsUS Market
7D29.1%-3.6%-2.4%
1Y-87.5%-2.7%23.3%

Return vs Industry: FREQ underperformed the US Biotechs industry which returned -4.2% over the past year.

Return vs Market: FREQ underperformed the US Market which returned 14.1% over the past year.

Price Volatility

Is FREQ's price volatile compared to industry and market?
FREQ volatility
FREQ Average Weekly Movement12.5%
Biotechs Industry Average Movement10.8%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: FREQ's share price has been volatile over the past 3 months.

Volatility Over Time: FREQ's weekly volatility has decreased from 21% to 12% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201447David Lucchinowww.frequencytx.com

As of November 3, 2023, Frequency Therapeutics, Inc. was acquired by Korro Bio, Inc., in a reverse merger transaction. Frequency Therapeutics, Inc., a clinical-stage biotechnology company, focuses on developing therapeutics to activate a person’s innate regenerative potential to restore function. Its Progenitor Cell Activation approach uses small molecules to activate progenitor cells within the body to create functional tissue.

Frequency Therapeutics, Inc. Fundamentals Summary

How do Frequency Therapeutics's earnings and revenue compare to its market cap?
FREQ fundamental statistics
Market capUS$547.27m
Earnings (TTM)-US$59.31m
Revenue (TTM)n/a

0.0x

P/S Ratio

-9.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FREQ income statement (TTM)
RevenueUS$0
Cost of RevenueUS$42.02m
Gross Profit-US$42.01m
Other ExpensesUS$17.30m
Earnings-US$59.31m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-1.62
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did FREQ perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/11/05 11:57
End of Day Share Price 2023/11/03 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

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

Frequency Therapeutics, Inc. is covered by 7 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
Jack AllenBaird
Mayank MamtaniB. Riley Securities, Inc.
Daniil GataulinChardan Capital Markets, LLC