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Healthcare - Biotechnology - NASDAQ - US
$ 5.34
-9.18 %
$ 35.1 M
Market Cap
-0.44
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one FBRX stock under the worst case scenario is HIDDEN Compared to the current market price of 5.34 USD, Forte Biosciences, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one FBRX stock under the base case scenario is HIDDEN Compared to the current market price of 5.34 USD, Forte Biosciences, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one FBRX stock under the best case scenario is HIDDEN Compared to the current market price of 5.34 USD, Forte Biosciences, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart FBRX

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$30.0$30.0$25.0$25.0$20.0$20.0$15.0$15.0$10.0$10.0$5.0$5.0$0.0$0.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
0 REVENUE
0.00%
-36.6 M OPERATING INCOME
-12.67%
-35.5 M NET INCOME
-12.71%
-30.7 M OPERATING CASH FLOW
-7.10%
-36 M INVESTING CASH FLOW
-76580.85%
51.9 M FINANCING CASH FLOW
110.08%
0 REVENUE
0.00%
-7.35 M OPERATING INCOME
14.81%
-7.16 M NET INCOME
14.74%
-10 M OPERATING CASH FLOW
-23.07%
-36 M INVESTING CASH FLOW
0.00%
51.9 M FINANCING CASH FLOW
2593950.00%
Balance Sheet Forte Biosciences, Inc.
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Current Assets 61.3 M
Cash & Short-Term Investments 58.4 M
Receivables 0
Other Current Assets 2.98 M
Non-Current Assets 215 K
Long-Term Investments 0
PP&E 77 K
Other Non-Current Assets 138 K
94.81 %4.84 %Total Assets$61.6m
Current Liabilities 9.08 M
Accounts Payable 4.88 M
Short-Term Debt 0
Other Current Liabilities 4.2 M
Non-Current Liabilities 0
Long-Term Debt 0
Other Non-Current Liabilities 0
53.73 %46.27 %Total Liabilities$9.1m
EFFICIENCY
Earnings Waterfall Forte Biosciences, Inc.
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Revenue 0
Cost Of Revenue 0
Gross Profit 0
Operating Expenses 36.6 M
Operating Income -36.6 M
Other Expenses -1.12 M
Net Income -35.5 M
00(5m)(5m)(10m)(10m)(15m)(15m)(20m)(20m)(25m)(25m)(30m)(30m)(35m)(35m)(40m)(40m)000(37m)(37m)1m(35m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
0.00% GROSS MARGIN
0.00%
0.00% OPERATING MARGIN
0.00%
0.00% NET MARGIN
0.00%
-67.60% ROE
-67.60%
-57.63% ROA
-57.63%
-69.74% ROIC
-69.74%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Forte Biosciences, Inc.
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00(5m)(5m)(10m)(10m)(15m)(15m)(20m)(20m)(25m)(25m)(30m)(30m)(35m)(35m)(40m)(40m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -35.5 M
Depreciation & Amortization 39 K
Capital Expenditures -37 K
Stock-Based Compensation 3.1 M
Change in Working Capital 1.76 M
Others -1.42 M
Free Cash Flow -30.8 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Forte Biosciences, Inc.
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FBRX has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 13
6. Ownership
Insider Ownership Forte Biosciences, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
125 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
All You Need to Know About Forte Biosciences (FBRX) Rating Upgrade to Buy Forte Biosciences (FBRX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). zacks.com - 2 weeks ago
Forte Biosciences (FBRX) Is a Great Choice for 'Trend' Investors, Here's Why Forte Biosciences (FBRX) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen. zacks.com - 3 months ago
Here's Why Momentum in Forte Biosciences (FBRX) Should Keep going Forte Biosciences (FBRX) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen. zacks.com - 4 months ago
Forte Biosciences, Inc. Announces Oversubscribed $53 Million Private Placement From Leading Healthcare Institutional Investors to Advance FB102 Across Autoimmune Indications DALLAS--(BUSINESS WIRE)--Forte Biosciences, Inc. (www.fortebiorx.com) (NASDAQ: FBRX), a clinical-stage biopharmaceutical company focused on autoimmune and autoimmune-related diseases, today announced an oversubscribed $53 million equity financing to support the continuing clinical advancement of FB102. “We are appreciative of the support from new and existing investors including OrbiMed, Janus Henderson Investors, Tybourne Capital Management, Alger, Ikarian Capital, LLC, BVF Partners LP, and Th. businesswire.com - 4 months ago
Forte Biosciences (FBRX) Upgraded to Buy: What Does It Mean for the Stock? Forte Biosciences (FBRX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). zacks.com - 5 months ago
Forte Biosciences, Inc. Reports Inducement Grants Under Nasdaq Listing Rules DALLAS--(BUSINESS WIRE)--Forte Biosciences, Inc. (www.fortebiorx.com) (NASDAQ: FBRX), a clinical-stage biopharmaceutical company focused on autoimmune and autoimmune-related diseases, today announced the issuance of equity inducement awards as required by the Nasdaq Stock Market Rules. In accordance with NASDAQ Listing Rule 5635(c)(4), the Compensation Committee of Forte's Board of Directors approved the grant of equity awards to purchase a total of 70,000 shares of common stock to new non-exec. businesswire.com - 11 months ago
Forte Biosciences, Inc. Announces First Quarter 2024 Results and Provides Business Update DALLAS--(BUSINESS WIRE)--Forte Biosciences, Inc. (www.fortebiorx.com) (NASDAQ: FBRX), a clinical-stage biopharmaceutical company focused on autoimmune and autoimmune-related diseases, today announced first quarter 2024 results and provided a business update. First Quarter 2024 Business Highlights “Forte continues to make excellent progress with FB102. As we indicated last quarter, the single ascending dose (SAD) portion of the FB102 phase 1 trial was successfully completed. We expect the dosing. businesswire.com - 11 months ago
What Makes Forte Biosciences (FBRX) a New Buy Stock Forte Biosciences (FBRX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). zacks.com - 1 year ago
Forte Biosciences, Inc. Announces 2023 Results and Provides Business Update DALLAS--(BUSINESS WIRE)--Forte Biosciences, Inc. (www.fortebiorx.com) (NASDAQ: FBRX), a clinical-stage biopharmaceutical company focused on autoimmune and autoimmune-related diseases, today announced its 2023 results and provided a business update. 2023 Business Highlights “Forte achieved a major milestone by advancing FB-102 into the clinic and beating the timelines we targeted in our third quarter business update. The single ascending dose (SAD) portion of the FB-102 phase 1 trial was success. businesswire.com - 1 year ago
Forte Biosciences, Inc. Reports Inducement Grant Under Nasdaq Listing Rules DALLAS--(BUSINESS WIRE)--Forte Biosciences, Inc. (www.fortebiorx.com) (NASDAQ: FBRX), a biopharmaceutical company focused on autoimmune diseases today announced the issuance of an equity inducement award as required by the Nasdaq Stock Market Rules. In accordance with NASDAQ Listing Rule 5635(c)(4), the Compensation Committee of Forte's Board of Directors approved the grant of an equity award to purchase 25,000 shares of common stock to a new non-executive employee as a material inducement to s. businesswire.com - 1 year ago
ISS and Glass Lewis Recommend Forte Biosciences Stockholders Vote FOR Boardroom Change at the Company's Upcoming Annual Meeting NEW YORK--(BUSINESS WIRE)--Camac Partners, LLC (“Camac”) and ATG Capital Management, LLC (“ATG”) (together with the other participants in their solicitation, the “Concerned Stockholders,” the “Group” or “we”), which collectively own approximately 8.5% of the outstanding common stock of Forte Biosciences, Inc. (Nasdaq: FBRX) (“Forte” or the “Company”), today announced that leading independent proxy advisory firms Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co., LLC (“G. businesswire.com - 1 year ago
Concerned Stockholders of Forte Biosciences and Its Independent Director Candidates Share Key Facts that Reinforce the Need for Urgent Change in the Company's Boardroom NEW YORK--(BUSINESS WIRE)--Camac Partners, LLC (“Camac”) and ATG Capital Management, LLC (“ATG”) (together with the other participants in their solicitation, the “Concerned Stockholders,” the “Group” or “we”) collectively own approximately 8.5% of the outstanding common stock of Forte Biosciences, Inc. (Nasdaq: FBRX) (“Forte” or the “Company”). Today, the Group and its independent director candidates – Michael Hacke and Chris McIntyre – responded to misrepresentations and distortions included i. businesswire.com - 1 year ago
8. Profile Summary

Forte Biosciences, Inc. FBRX

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 35.1 M
Dividend Yield 0.00%
Description Forte Biosciences, Inc. operates as a clinical-stage biopharmaceutical company in the United States. It is developing FB-102 program that addresses various autoimmune diseases, such as vitiligo and alopecia areata. The company is headquartered in Dallas, Texas.
Contact 3060 Pegasus Park Drive, Dallas, TX, 75247 https://www.fortebiorx.com
IPO Date April 13, 2017
Employees 14
Officers Dr. Barbara K. Finck M.D. Chief Medical Clinician & Director Mr. Christopher Roenfeldt Chief Operating Officer Dr. Paul A. Wagner Ph.D. Chief Executive Officer, President & Chairman