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Surface Oncology, Inc.NasdaqCM:SURF Stock Report

Market Cap US$65.1m
Share Price
n/a
My Fair Value
n/a
1Y-21.9%
7D-0.9%
1D
Portfolio Value
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Surface Oncology, Inc.

NasdaqCM:SURF Stock Report

Market Cap: US$65.1m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Surface Oncology (SURF) Stock Overview

Surface Oncology, Inc., a clinical-stage immuno-oncology company, engages in the development of cancer therapies in the United States. More details

SURF fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

SURF Community Fair Values

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Surface Oncology, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Surface Oncology
Historical stock prices
Current Share PriceUS$1.07
52 Week HighUS$1.43
52 Week LowUS$0.56
Beta1.75
1 Month Change11.47%
3 Month Change38.96%
1 Year Change-21.90%
3 Year Change-83.79%
5 Year Change-89.91%
Change since IPO-91.97%

Recent News & Updates

Recent updates

Analysis Article Nov 07

Forecast: Analysts Think Surface Oncology, Inc.'s (NASDAQ:SURF) Business Prospects Have Improved Drastically

Shareholders in Surface Oncology, Inc. ( NASDAQ:SURF ) may be thrilled to learn that the analysts have just delivered a...
Analysis Article Aug 08

Analysts Just Made A Major Revision To Their Surface Oncology, Inc. (NASDAQ:SURF) Revenue Forecasts

Market forces rained on the parade of Surface Oncology, Inc. ( NASDAQ:SURF ) shareholders today, when the analysts...
Seeking Alpha Aug 03

Surface Oncology GAAP EPS of -$0.46 misses by $0.01

Surface Oncology press release (NASDAQ:SURF): Q2 GAAP EPS of -$0.46 misses by $0.01. As of June 30, 2022, cash, cash equivalents and marketable securities were $156.6 million, compared to $154.1 million on December 31, 2021.
Seeking Alpha May 25

Surface Oncology: Neither Novartis, Nor GSK Or ARKG Is Able To Stop The Decline

Surface Oncology has been a major drag for investors. There's no bad news, but there's no good news either. Despite having partnerships with big names, the stock does not move up.
Analysis Article May 11

News Flash: Analysts Just Made A Dazzling Upgrade To Their Surface Oncology, Inc. (NASDAQ:SURF) Forecasts

Surface Oncology, Inc. ( NASDAQ:SURF ) shareholders will have a reason to smile today, with the analysts making...
Analysis Article Feb 23

Does Surface Oncology (NASDAQ:SURF) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Seeking Alpha Jan 18

Surface Oncology: If Novartis, GlaxoSmithKline And ARK See Promise, So Do I

SURF is an early-stage cancer therapeutics company with multiple big pharma partnerships. Cathie Wood's ARK owns a large stake. Current beaten-down prices make it attractive.
Analysis Article Nov 11

Is Surface Oncology (NASDAQ:SURF) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Seeking Alpha Oct 24

Surface Oncology: Staying The Course

Today, we revisit a small oncology focused concern called Surface Oncology that has collaboration deals with some well-known drug giants. The company is also advancing is own pipeline which has made some progress since we last looked at in February of this year. A full investment update on Surface Oncology follows in the paragraphs below.
Seeking Alpha Jul 13

Surface Oncology: A Diverse, But Early Pipeline

Surface Oncology is an early-stage cancer therapeutics company with five assets in development. However, only 3/5 have hit clinical trials and early clinical trial results have been disappointing. Licenses to GSK and Novartis and current enterprise valuation increase attractiveness.
Analysis Article Jun 07

Is Surface Oncology (NASDAQ:SURF) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Mar 15

Here's What Surface Oncology, Inc.'s (NASDAQ:SURF) Shareholder Ownership Structure Looks Like

Every investor in Surface Oncology, Inc. ( NASDAQ:SURF ) should be aware of the most powerful shareholder groups...
Analysis Article Feb 16

Does Surface Oncology (NASDAQ:SURF) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Dec 08

What Kind Of Shareholders Hold The Majority In Surface Oncology, Inc.'s (NASDAQ:SURF) Shares?

A look at the shareholders of Surface Oncology, Inc. ( NASDAQ:SURF ) can tell us which group is most powerful. Insiders...

Shareholder Returns

SURFUS BiotechsUS Market
7D-0.9%1.2%0.9%
1Y-21.9%27.7%24.5%

Return vs Industry: SURF underperformed the US Biotechs industry which returned 3.5% over the past year.

Return vs Market: SURF underperformed the US Market which returned 7.4% over the past year.

Price Volatility

Is SURF's price volatile compared to industry and market?
SURF volatility
SURF Average Weekly Movement8.3%
Biotechs Industry Average Movement10.4%
Market Average Movement7.2%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: SURF's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201435Rob Rosswww.surfaceoncology.com

Surface Oncology, Inc., a clinical-stage immuno-oncology company, engages in the development of cancer therapies in the United States. The company develops various antibodies that include NZV930, a fully human immunoglobulin isotype G4 monoclonal antibody for the production of extracellular adenosine; SRF617, a fully human IgG4 monoclonal antibody that inhibits CD39 enzymatic activity for the production of adenosine and the breakdown of adenosine triphosphate; SRF388 which is in phase II clinical trial targeting interleukin 27; GSK4381562, an antibody targeting CD112R, an inhibitory protein expressed on natural killer and T cells; and SRF114 that is in phase 1/2 clinical trials targeting the chemokine receptor CCR8. Surface Oncology, Inc. has a license agreement with GlaxoSmithKline Intellectual Property (No.

Surface Oncology, Inc. Fundamentals Summary

How do Surface Oncology's earnings and revenue compare to its market cap?
SURF fundamental statistics
Market capUS$65.08m
Earnings (TTM)-US$92.50m
Revenue (TTM)n/a
0.0x
P/S Ratio
-0.7x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SURF income statement (TTM)
RevenueUS$0
Cost of RevenueUS$67.00m
Gross Profit-US$67.00m
Other ExpensesUS$25.50m
Earnings-US$92.50m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-1.52
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did SURF perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/09/09 00:59
End of Day Share Price 2023/09/07 00:00
Earnings2023/06/30
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.

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 Github.

Analyst Sources

Surface Oncology, Inc. is covered by 5 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
Michael UlzBaird
Joshua SchimmerEvercore ISI
Salveen RichterGoldman Sachs