Forte Biosciences, Inc. (FBRX)

NASDAQ: FBRX · IEX Real-Time Price · USD
0.983
-0.001 (-0.15%)
At close: Mar 21, 2023, 4:00 PM
0.984
+0.001 (0.12%)
After-hours: Mar 21, 2023, 7:31 PM EDT
-0.15%
Market Cap 20.64M
Revenue (ttm) n/a
Net Income (ttm) -12.34M
Shares Out 21.00M
EPS (ttm) -0.77
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 47,074
Open 0.980
Previous Close 0.984
Day's Range 0.970 - 1.020
52-Week Range 0.898 - 1.590
Beta 1.39
Analysts Sell
Price Target 3.57 (+263.25%)
Earnings Date Mar 30, 2023

About FBRX

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. [Read more]

Industry Biotechnology
Sector Healthcare
CEO Martin Duvall
Employees 6
Stock Exchange NASDAQ
Ticker Symbol FBRX
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for FBRX stock is "Sell." The 12-month stock price forecast is $3.57, which is an increase of 263.25% from the latest price.

Price Target
$3.57
(263.25% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Mr. David Gryska Appointed to Forte Biosciences Board of Directors

DALLAS--(BUSINESS WIRE)--Forte Biosciences, Inc. (www.fortebiorx.com) (NASDAQ: FBRX), announced today that Mr. David Gryska has been appointed to the Forte Biosciences Board of Directors.

2 months ago - Business Wire

Dr. Scott Brun, M.D. Appointed to Forte Biosciences Board of Directors

DALLAS--(BUSINESS WIRE)--Forte Biosciences, Inc. (www.fortebiorx.com) (NASDAQ: FBRX), announced today that Dr. Scott Brun, M.D. has been appointed to the Forte Biosciences Board of Directors.

4 months ago - Business Wire

Forte Biosciences, Inc. Announces Third Quarter 2022 Results and Provides Business Update

DALLAS--(BUSINESS WIRE)--Forte Biosciences, Inc. (www.fortebiorx.com) (NASDAQ: FBRX), a biopharmaceutical company focused on autoimmune diseases, today announced third quarter 2022 results and provi...

4 months ago - Business Wire

Camac Partners Condemns Forte Biosciences' Seemingly Defensive and Unjustifiable Capital Raise

NEW YORK--(BUSINESS WIRE)--Camac Partners, LLC (together with its affiliates, "Camac" or “we”), which is one of the largest shareholders of Forte Biosciences, Inc. (Nasdaq: FBRX) (“Forte” or the “Comp...

7 months ago - Business Wire

Forte Biosciences, Inc. Announces Second Quarter 2022 Results and Provides Business Update

DALLAS--(BUSINESS WIRE)--Forte Biosciences, Inc. (www.fortebiorx.com) (NASDAQ: FBRX), a biopharmaceutical company focused on autoimmune diseases, today announced second quarter 2022 results and provid...

7 months ago - Business Wire

Forte Biosciences, Inc. Reports Inducement Grants 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 aw...

10 months ago - Business Wire

Forte Biosciences, Inc. Announces the Appointment of Dr. Hubert Chen, MD as Chief Scientific Officer and President

DALLAS--(BUSINESS WIRE)--Forte Biosciences, Inc. (www.fortebiorx.com) (NASDAQ: FBRX), a biopharmaceutical company focused on autoimmune diseases announces that Dr. Hubert Chen, MD has joined the compa...

10 months ago - Business Wire

Forte Biosciences, Inc. Announces First Quarter 2022 Results and Provides Business Update

DALLAS--(BUSINESS WIRE)--Forte Biosciences, Inc. (www.fortebiorx.com) (NASDAQ: FBRX), a biopharmaceutical company focused on autoimmune diseases, today announced first quarter 2022 results and provide...

11 months ago - Business Wire

ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Forte Biosciences, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)---- $FBRX #FBRX--ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Forte Biosciences, Inc.

1 year ago - Business Wire

INVESTIGATION REMINDER: The Schall Law Firm Announces It Is Investigating Claims Against Forte Biosciences, Inc. and Encourages Investors with Losses to Contact the Firm

Los Angeles, California--(Newsfile Corp. - September 6, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of ...

1 year ago - Newsfile Corp

Forte (FBRX) Posts Dismal Data on Atopic Dermatitis Candidate

Forte's (FBRX) mid-stage study on its lead candidate FB-401 to address the condition of atopic dermatitis fails to meet its primary goal and the company decides to discontinue the study further.

1 year ago - Zacks Investment Research

Why Forte Biosciences Stock Is Down Over 80% Today

Forte Biosciences (NASDAQ: FBRX) is tanking today after the company announced the clinical trial of FB-401 for the treatment of atopic dermatitis failed to meet statistical significance. “We are appre...

1 year ago - Benzinga

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Forte Biosciences, Inc. - FBRX

NEW YORK, Sept. 3, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Forte Biosciences, Inc. ("Forte" or the "Company") (NASDAQ: FBRX).

1 year ago - PRNewsWire

A small biotech firm just plummeted 82% after abandoning a drug candidate due to failed phase 2 trial

The negative drug results led Chardan Capital Markets to slash its price target by 96% to $4 from $105.

1 year ago - Business Insider

Forte Biosciences stock plunges more than 80% after 'disappointing' trial results of atopic dermatitis treatment

Shares of Forte Biosciences Inc. FBRX, -4.45% plummeted 81.2% on heavy volume toward a record low in premarket trading Friday, after the biopharmaceutical company said it will no longer advance its le...

1 year ago - Market Watch

Forte Biosciences Just Plummeted 80%: Here's Why

A biopharmaceutical company focused on the development of dermatology treatments saw a sharp drop after hours Thursday. What Happened: The clinical trial of Forte Biosciences (NASDAQ: FBRX) lead drug ...

1 year ago - Benzinga

Clinical Trial of FB-401 For the Treatment of Atopic Dermatitis Fails to Meet Statistical Significance

TORRANCE, Calif.--(BUSINESS WIRE)--Forte Biosciences, Inc. (www.fortebiorx.com) (NASDAQ: FBRX), a clinical-stage biopharmaceutical company, today announced that topline data from its Phase 2 clinical ...

1 year ago - Business Wire

Forte Biosciences, Inc. to Review the Second Quarter 2021 Results and Expects to Announce Topline Data From Phase 2 Clinical Trial of FB-401 for the Treatment of Atopic Dermatitis on Sept. 7

TORRANCE, Calif.--(BUSINESS WIRE)--Forte Biosciences, Inc. (www.fortebiorx.com) (NASDAQ: FBRX), a clinical-stage biopharmaceutical company, will review the second quarter results and, based on the pro...

1 year ago - Business Wire

Implied Volatility Surging for Forte Biosciences (FBRX) Stock Options

Investors need to pay close attention to for Forte Biosciences (FBRX) stock based on the movements in the options market lately.

1 year ago - Zacks Investment Research

Forte Biosciences, Inc. Announces First Quarter 2021 Results and Provides a General Business Update

TORRANCE, Calif.--(BUSINESS WIRE)--Forte Biosciences, Inc. (www.fortebiorx.com) (NASDAQ: FBRX), a clinical-stage biopharmaceutical company announces first quarter 2021 results and provides a general b...

2 years ago - Business Wire

Forte Biosciences, Inc. to Announce First Quarter 2021 Results and Provide a General Business Update

TORRANCE, Calif.--(BUSINESS WIRE)--Forte Biosciences, Inc. (www.fortebiorx.com) (NASDAQ: FBRX), a clinical-stage biopharmaceutical company, will be providing first quarter 2021 results and a general b...

2 years ago - Business Wire

Forte Biosciences, Inc. Announces 4Q and Full Year 2020 Results and Provides a General Business Update

TORRANCE, Calif.--(BUSINESS WIRE)--Forte Biosciences, Inc. (www.fortebiorx.com) (NASDAQ: FBRX), a clinical-stage biopharmaceutical company announces fourth quarter and full year 2020 results and provi...

2 years ago - Business Wire

Forte Biosciences, Inc. to Announce 4Q and Full Year 2020 Results and Provide a General Business Update

TORRANCE, Calif.--(BUSINESS WIRE)--Forte Biosciences, Inc. (www.fortebiorx.com) (NASDAQ: FBRX), a clinical-stage biopharmaceutical company, will be providing 4Q and full year 2020 results and provide ...

2 years ago - Business Wire

Forte Biosciences, Inc. to Present at the Chardan Annual Microbiome Medicines Summit on March 8th

TORRANCE, Calif.--(BUSINESS WIRE)--Forte Biosciences, Inc. (www.fortebiorx.com) (NASDAQ: FBRX), a clinical-stage biopharmaceutical company, announced today that Paul Wagner, Ph.D., CEO of Forte Biosci...

2 years ago - Business Wire

Forte Biosciences, Inc. to Present at the Cowen Annual Health Care Conference on March 1st

TORRANCE, Calif.--(BUSINESS WIRE)--Forte Biosciences, Inc. (www.fortebiorx.com) (NASDAQ: FBRX), a clinical-stage biopharmaceutical company, announced today announced that Paul Wagner, Ph.D., CEO of Fo...

2 years ago - Business Wire