Spruce Biosciences, Inc.

Spruce Biosciences, Inc.

SPRB·NASDAQ

$53.16

+8.1%
HealthcareBiotechnology

Spruce Biosciences, Inc., a biopharmaceutical company, focuses on developing and commercializing novel therapies for rare endocrine disorders. The company engages in developing tildacerfont, a non-steroidal therapy to enhance disease control and reduce steroid burden for adult patients suffering from congenital adrenal hyperplasia (CAH), which is in Phase 2b clinical trial; and to evaluate glucocorticoid reduction and clinical consequences in adult patients with classic CAH that is Phase 2b clinical trial. It is also developing tildacerfont for the treatment of pediatric classic congenital adrenal hyperplasia in children that is in Phase 2 clinical trial; and for females with polycystic ovary syndrome, which is in Phase 2 clinical trial. The company has a license agreement with Eli Lilly and Company to research, develop, and commercialize compounds for various pharmaceutical uses. Spruce Biosciences, Inc. was incorporated in 2014 and is headquartered in Daly City, California.

At a Glance

Live Snapshot
Market Cap$72.94M
EPS-50.8300
P/E Ratio-1.05
Earnings Date08/13/2026
sprb

Spruce Biosciences, Inc. Street Expectations Map

SPRB · NASDAQ

Wall Street analysts project that SPRB stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 191.00, with estimates ranging from a low of 140.00 to a high of 283.00.

Lowest Target
140.00
163.36%
Consensus Target
191.00
259.29%
Highest Target
283.00
432.36%

The consensus 1-year price target stands at 191.00, with estimates ranging from a low of 140.00 to a high of 283.00.

Analyst Consensus Analysis

Upside Potential

+259.3%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

74.9% spread

High uncertainty. Very wide target spread indicates significant disagreement among analysts—major valuation uncertainty or transformation underway.

Analyst Conviction

Low

High uncertainty: Wide dispersion indicates analysts struggle to agree on valuation—proceed with caution and independent analysis.

Market Sentiment Insight

High risk, high reward: Substantial upside potential exists, but wide analyst disagreement signals execution risk or unclear catalysts. Thorough due diligence essential before committing capital.

sprb

Spruce Biosciences, Inc. Forward Estimates of Revenue

SPRB · NASDAQ
Latest Revenue
0.00
FY 2025
Avg Estimate
53.75M
FY 2026
Estimate Range
9.78M - 125.94M
Analyst Spread

Forward Growth Analysis

Analyst Coverage3 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread216%

Wide estimate range reveals significant forecast uncertainty and potential volatility.

OutlookCautious

Analyst skepticism evident—carefully evaluate risks before investment decisions.

sprb

Spruce Biosciences, Inc. Forward Estimates of Net Income

SPRB · NASDAQ
Latest Net Income
-38.97M
FY 2025
Avg Estimate
-17.51M
FY 2026
Estimate Range
-20.81M - -14.22M
Analyst Spread

Forward Growth Analysis

Projected Growth+55.1%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage3 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread38%

Wide estimate range reveals significant forecast uncertainty and potential volatility.

OutlookNeutral

Mixed signals—some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

sprb

Spruce Biosciences, Inc. Forward Estimates of EPS

SPRB · NASDAQ
Latest EPS
-50.83
FY 2025
Avg Estimate
$-22.85
FY 2026
Estimate Range
$-27.15 - $-18.54
Analyst Spread

Forward Growth Analysis

Projected Growth+55.0%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage3 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread38%

Wide estimate range reveals significant forecast uncertainty and potential volatility.

OutlookNeutral

Mixed signals—some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

sprb

Spruce Biosciences, Inc. Forward Estimates of EBIT

SPRB · NASDAQ
Latest EBIT
-36.51M
FY 2025
Avg Estimate
10.75M
FY 2026
Estimate Range
1.96M - 25.19M
Analyst Spread

Forward Growth Analysis

Projected Growth+129.4%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage3 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread216%

Wide estimate range reveals significant forecast uncertainty and potential volatility.

OutlookNeutral

Mixed signals—some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

sprb

Spruce Biosciences, Inc. Forward Estimates of EBITDA

SPRB · NASDAQ
Latest EBITDA
-36.51M
FY 2025
Avg Estimate
10.75M
FY 2026
Estimate Range
1.96M - 25.19M
Analyst Spread

Forward Growth Analysis

Projected Growth+129.4%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage3 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread216%

Wide estimate range reveals significant forecast uncertainty and potential volatility.

OutlookNeutral

Mixed signals—some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

sprb

Spruce Biosciences, Inc. Forward Estimates of SG&A Expense

SPRB · NASDAQ
Latest SG&A Expense
16.99M
FY 2025
Avg Estimate
77.79M
FY 2026
Estimate Range
14.16M - 182.25M
Analyst Spread

Forward Growth Analysis

Projected Growth+357.8%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage3 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread216%

Wide estimate range reveals significant forecast uncertainty and potential volatility.

OutlookNeutral

Mixed signals—some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

sprb

Spruce Biosciences, Inc. Insider Positioning

SPRB · NASDAQ

During the last 12 months, insiders have purchased $25K worth of SPRB shares, with no selling activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

210.0K

24.62K

Sold

0

0.00

Net Activity

+25K

+$25K

Top Buyers

1
WK

Ways Kirk

Director, Officer: Interim Chief Medical Officer

30.0K shares1 transactions

$4K

2
SDK

Spiegelman Daniel K

Director

30.0K shares1 transactions

$3K

3
SCV

Simpson Camilla V

Director

30.0K shares1 transactions

$3K

4
GMG

Grey Michael G

Director, Officer: Executive Chairman

30.0K shares1 transactions

$3K

5
BP

Barretto-Ko Percival

Director

30.0K shares1 transactions

$3K

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $25K net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

∞:1

Perfect buy/sell ratio. Only buying activity with zero selling—the most bullish possible insider signal.

Insider Participation

High Buying

5 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Compelling insider conviction: The combination of strong buy/sell ratio and multiple buyers suggests insiders see attractive risk/reward. Consider this alongside fundamental analysis for confirmation.