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FBRX

Forte Biosciences, Inc.

Price Chart
Latest Quote

$18.28

+0.43 (+2.41%)
Current Price
Previous Close $17.85
Open $17.94
Day High $19.01
Day Low $17.77
Volume 227,627
Fetched: 2026-06-22T21:38:55
Stock Information
Shares Outstanding 20.48M
Cash Equivalents $58.22M
Net Income $-75.86M
Sector Healthcare
Industry Biotechnology
Market Cap $374.35M
EPS (TTM) $-4.59
Exchange NCM
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📊 Comprehensive Analysis
Company Data
Enterprise Value$377.95M
Income$-75.86M
Book/sh$2.36
Cash/sh$2.84
Employees22
Financial Ratios
Quick Ratio2.49
Current Ratio2.75
Returns & Margins
ROA-83.90%
ROE-188.40%
Ownership
Insider Ownership2.15%
Institutional Ownership74.84%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E-4.41
P/B7.76
Analyst Data
Recommendationstrong_buy
Target Price$63.75
Technical Indicators
SMA20$18.29
SMA50$23.76
SMA200$22.36
RSI44.24
ATR1.2964
Shares Float18.83M
Short Float6.72%
Short Ratio6.16
Volatility2.87
Rel Volume0.91
Performance History
Week+4.10%
Month-10.00%
Quarter-22.21%
6 Months-26.14%
YTD-22.58%
Year+46.89%
3 Years-29.01%
5 Years-98.20%
10 Years-99.61%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-22 $18.28 227,627
2026-06-18 $17.85 228,700
2026-06-17 $17.59 156,100
2026-06-16 $17.15 186,300
2026-06-15 $18.05 125,000
2026-06-12 $17.56 219,300
2026-06-11 $17.40 172,200
2026-06-10 $16.82 254,600
2026-06-09 $17.00 415,500
2026-06-08 $15.67 248,800
2026-06-05 $16.52 408,700
2026-06-04 $16.69 283,900
2026-06-03 $17.00 354,600
2026-06-02 $18.17 367,600
2026-06-01 $19.24 354,800
2026-05-29 $19.07 392,800
2026-05-28 $20.77 144,900
2026-05-27 $21.47 126,400
2026-05-26 $21.94 205,100
About Forte Biosciences, Inc.

Forte Biosciences, Inc. operates as a clinical-stage biopharmaceutical company in the United States. The company's lead product candidate is the FB-102, a proprietary anti-CD122 monoclonal antibody therapeutic candidate for various autoimmune and autoimmune-related indications, such as celiac disease, vitiligo, alopecia areata, and type 1 diabetes. Forte Biosciences, Inc. is headquartered in Dallas, Texas.

Period:
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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Total Revenue $0 $0 $0 $0
Operating Revenue $0 $0 $0 $0
Expenses
Total Expenses $70,657,000 $36,602,000 $32,486,000 $13,896,000
Other Income Expense $-396,000 $-190,000 $-114,000 $-145,000
Other Non Operating Income Expenses $-396,000 $-190,000 $-114,000 $-145,000
Net Non Operating Interest Income Expense $2,715,000 $1,314,000 $1,124,000 $162,000
Operating Expense $70,657,000 $36,602,000 $32,486,000 $13,896,000
General And Administrative Expense $12,410,000 $15,409,000 $10,624,000 $8,302,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-69,375,000 $-35,478,000 $-31,476,000 $-13,879,000
Net Interest Income $2,715,000 $1,314,000 $1,124,000 $162,000
Interest Income $2,715,000 $1,314,000 $1,124,000 $162,000
Normalized Income $-69,375,000 $-35,478,000 $-31,476,000 $-13,879,000
Net Income From Continuing And Discontinued Operation $-69,375,000 $-35,478,000 $-31,476,000 $-13,879,000
Total Operating Income As Reported $-70,657,000 $-36,602,000 $-32,486,000 $-13,896,000
Net Income Common Stockholders $-69,375,000 $-35,478,000 $-31,476,000 $-13,879,000
Net Income $-69,375,000 $-35,478,000 $-31,476,000 $-13,879,000
Net Income Including Noncontrolling Interests $-69,375,000 $-35,478,000 $-31,476,000 $-13,879,000
Net Income Continuous Operations $-69,375,000 $-35,478,000 $-31,476,000 $-13,879,000
Pretax Income $-68,338,000 $-35,478,000 $-31,476,000 $-13,879,000
Interest Income Non Operating $2,715,000 $1,314,000 $1,124,000 $162,000
Operating Income $-70,657,000 $-36,602,000 $-32,486,000 $-13,896,000
Special Income Charges - - - -
Per Share
Diluted EPS $-4.71 $-12.17 $-24.92 $-20.00
Basic EPS $-4.71 $-12.17 $-24.92 $-20.00
Other
Tax Effect Of Unusual Items $0 $0 $0 $0
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $-70,593,000 $-36,563,000 $-32,477,000 $-13,896,000
Reconciled Depreciation $64,000 $39,000 $9,000 $0
EBITDA (Bullshit earnings) $-70,593,000 $-36,563,000 $-32,477,000 $-13,896,000
EBIT $-70,657,000 $-36,602,000 $-32,486,000 $-13,896,000
Diluted Average Shares $14,717,734 $2,915,894 $1,262,840 $695,341
Basic Average Shares $14,717,734 $2,915,894 $1,262,840 $695,341
Diluted NI Availto Com Stockholders $-69,375,000 $-35,478,000 $-31,476,000 $-13,879,000
Tax Provision $1,037,000 - - -
Research And Development $58,247,000 $21,193,000 $21,862,000 $5,594,000
Selling General And Administration $12,410,000 $15,409,000 $10,624,000 $8,302,000
Other Gand A $12,410,000 $15,409,000 $10,624,000 $8,302,000
Total Unusual Items - - - -
Total Unusual Items Excluding Goodwill - - - -
Fetched: 2026-06-18
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $60,991,000 $52,480,000 $35,314,000 $38,818,000
Total Assets $82,779,000 $61,561,000 $38,980,000 $41,997,000
Total Non Current Assets $2,190,000 $215,000 $653,000 $486,000
Other Non Current Assets $25,000 $26,000 $53,000 $13,000
Non Current Prepaid Assets $2,036,000 $112,000 $491,000 $473,000
Current Assets $80,589,000 $61,346,000 $38,327,000 $41,511,000
Other Current Assets $422,000 $208,000 $165,000 $70,000
Prepaid Assets $2,393,000 $2,645,000 $1,037,000 $341,000
Receivables $817,000 $128,000 - -
Taxes Receivable $817,000 $128,000 - -
Cash Cash Equivalents And Short Term Investments $76,957,000 $58,365,000 $37,125,000 $41,100,000
Cash And Cash Equivalents $76,957,000 $22,244,000 $11,961,000 $41,100,000
Cash Equivalents $73,677,000 $20,780,000 $5,686,000 $5,061,000
Cash Financial $3,280,000 $1,464,000 $6,275,000 $36,039,000
Liabilities
Total Liabilities Net Minority Interest $21,788,000 $9,081,000 $3,666,000 $3,179,000
Total Non Current Liabilities Net Minority Interest $1,037,000 $0 $0 $0
Tradeand Other Payables Non Current $1,037,000 $0 - -
Current Liabilities $20,751,000 $9,081,000 $3,666,000 $3,179,000
Payables And Accrued Expenses $18,501,000 $7,530,000 $2,719,000 $2,289,000
Payables $9,989,000 $4,879,000 $1,424,000 $1,153,000
Accounts Payable $9,989,000 $4,879,000 $1,424,000 $1,153,000
Equity
Common Stock Equity $60,991,000 $52,480,000 $35,314,000 $38,818,000
Total Equity Gross Minority Interest $60,991,000 $52,480,000 $35,314,000 $38,818,000
Stockholders Equity $60,991,000 $52,480,000 $35,314,000 $38,818,000
Gains Losses Not Affecting Retained Earnings $3,000 $11,000 $4,000 $0
Other Equity Adjustments $3,000 $11,000 $4,000 -
Retained Earnings $-223,373,000 $-153,998,000 $-118,520,000 $-87,044,000
Preferred Securities Outside Stock Equity - - - -
Other
Ordinary Shares Number $12,948,308 $6,393,323 $1,453,404 $840,002
Share Issued $12,948,308 $6,393,323 $1,453,404 $840,002
Tangible Book Value $60,991,000 $52,480,000 $35,314,000 $38,818,000
Invested Capital $60,991,000 $52,480,000 $35,314,000 $38,818,000
Working Capital $59,838,000 $52,265,000 $34,661,000 $38,332,000
Total Capitalization $60,991,000 $52,480,000 $35,314,000 $38,818,000
Additional Paid In Capital $284,348,000 $206,461,000 $153,829,000 $125,841,000
Capital Stock $13,000 $6,000 $1,000 $21,000
Common Stock $13,000 $6,000 $1,000 $21,000
Pensionand Other Post Retirement Benefit Plans Current $2,250,000 $1,551,000 $947,000 $890,000
Current Accrued Expenses $8,512,000 $2,651,000 $1,295,000 $1,136,000
Net PPE $129,000 $77,000 $109,000 $0
Accumulated Depreciation $-112,000 $-48,000 $-9,000 $0
Gross PPE $241,000 $125,000 $118,000 $0
Other Properties $223,000 $107,000 $100,000 -
Machinery Furniture Equipment $18,000 $18,000 $18,000 $0
Other Short Term Investments $0 $36,121,000 $25,164,000 -
Treasury Shares Number - - $0 -
Fetched: 2026-06-18
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $-50,998,000 $-30,782,000 $-28,794,000 $-8,185,000
Operating Activities
Operating Cash Flow $-50,882,000 $-30,745,000 $-28,706,000 $-8,185,000
Cash Flow From Continuing Operating Activities $-50,882,000 $-30,745,000 $-28,706,000 $-8,185,000
Investing Activities
Capital Expenditure $-116,000 $-37,000 $-88,000 -
Investing Cash Flow $36,234,000 $-35,993,000 $47,000 $0
Cash Flow From Continuing Investing Activities $36,234,000 $-35,993,000 $47,000 $0
Financing Activities
Repurchase Of Capital Stock $0 $-1,000 $0 -
Issuance Of Capital Stock $75,000,000 $53,000,000 $25,000,000 $7,229,000
Financing Cash Flow $69,361,000 $51,857,000 $24,684,000 $7,241,000
Cash Flow From Continuing Financing Activities $69,361,000 $51,857,000 $24,684,000 $7,241,000
Net Other Financing Charges $-7,470,000 $-1,156,000 $-332,000 -
Net Common Stock Issuance $75,000,000 $52,999,000 $25,000,000 $7,229,000
Common Stock Issuance $75,000,000 $53,000,000 $25,000,000 $7,229,000
Other
End Cash Position $76,957,000 $22,244,000 $37,125,000 $41,100,000
Beginning Cash Position $22,244,000 $37,125,000 $41,100,000 $42,044,000
Changes In Cash $54,713,000 $-14,881,000 $-3,975,000 $-944,000
Proceeds From Stock Option Exercised $1,831,000 $14,000 $16,000 $12,000
Common Stock Payments $0 $-1,000 $0 -
Net Investment Purchase And Sale $36,350,000 $-35,956,000 $135,000 $0
Sale Of Investment $36,350,000 $0 $10,100,000 $0
Purchase Of Investment $0 $-35,956,000 $-9,965,000 $0
Net PPE Purchase And Sale $-116,000 $-37,000 $-88,000 $0
Purchase Of PPE $-116,000 $-37,000 $-88,000 $0
Change In Working Capital $11,371,000 $1,757,000 $-392,000 $1,679,000
Change In Payables And Accrued Expense $13,945,000 $3,130,000 $457,000 $1,421,000
Change In Accrued Expense $8,402,000 $109,000 $186,000 $1,214,000
Change In Payable $5,543,000 $3,021,000 $271,000 $207,000
Change In Account Payable $5,543,000 $3,021,000 $271,000 $207,000
Change In Prepaid Assets $-2,574,000 $-1,373,000 $-849,000 $258,000
Other Non Cash Items $-237,000 $-158,000 $-131,000 -
Stock Based Compensation $6,258,000 $3,095,000 $3,284,000 $4,015,000
Deferred Tax $1,037,000 $0 - -
Deferred Income Tax $1,037,000 $0 - -
Depreciation Amortization Depletion $64,000 $39,000 $9,000 $0
Depreciation And Amortization $64,000 $39,000 $9,000 $0
Depreciation $64,000 $39,000 $9,000 $0
Net Income From Continuing Operations $-69,375,000 $-35,478,000 $-31,476,000 $-13,879,000
Asset Impairment Charge - - - $0
Fetched: 2026-06-18