Q32 Bio Inc. (QTTB)

NASDAQ: QTTB · IEX Real-Time Price · USD
18.05
-0.93 (-4.90%)
At close: Jul 2, 2024, 4:00 PM
18.60
+0.55 (3.05%)
After-hours: Jul 2, 2024, 7:57 PM EDT
-4.90%
Market Cap 215.55M
Revenue (ttm) 354,000
Net Income (ttm) -83.09M
Shares Out 11.94M
EPS (ttm) -32.43
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 95,255
Open 18.98
Previous Close 18.98
Day's Range 17.81 - 20.52
52-Week Range 8.24 - 32.88
Beta n/a
Analysts Strong Buy
Price Target 62.25 (+244.88%)
Earnings Date Aug 3, 2024

About QTTB

Q32 Bio Inc., a clinical-stage biotechnology company, develops biologic therapeutics to restore healthy immune balance in patients with autoimmune and inflammatory diseases driven by pathological immune dysfunction in the United States. Its lead product candidate is ADX-097, a humanized anti-C3d monoclonal antibody fusion protein to restore complement regulation, which has completed Phase I clinical trial for the treatment of renal and other complement-mediated diseases of high unmet need, including lupus nephritis, immunoglobulin A nephropathy... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 2015
Employees 39
Stock Exchange NASDAQ
Ticker Symbol QTTB
Full Company Profile

Financial Performance

In 2023, Q32 Bio's revenue was $1.16 million, a decrease of -63.97% compared to the previous year's $3.21 million. Losses were -$112.96 million, 2157.0% more than in 2022.

Financial numbers in USD Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for QTTB stock is "Strong Buy." The 12-month stock price forecast is $62.25, which is an increase of 244.88% from the latest price.

Price Target
$62.25
(244.88% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Q32 Bio Joins Russell 3000® Index

WALTHAM, Mass. , July 1, 2024 /PRNewswire/ -- Q32 Bio Inc. (Nasdaq: QTTB) ("Q32 Bio"), a clinical stage biotechnology company focused on developing biologic therapeutics to restore immune homeostasis,...

1 day ago - PRNewsWire

Q32 Bio Reports First Quarter 2024 Financial Results and Provides Corporate Update

-- Completed enrollment in bempikibart alopecia areata (AA) Phase 2 clinical trial, with topline results expected in Q4'24; enrollment in bempikibart atopic dermatitis (AD) Phase 2 clinical trial rema...

7 weeks ago - PRNewsWire

Q32 Bio Appoints Lee Kalowski as President & Chief Financial Officer

WALTHAM, Mass. , April 3, 2024 /PRNewswire/ -- Q32 Bio Inc. (NASDAQ: QTTB) ("Q32 Bio"), a clinical stage biotechnology company focused on developing biologic therapeutics to restore immune homeostasis...

3 months ago - PRNewsWire

Q32 Bio Announces Closing of Merger with Homology Medicines and Concurrent Private Placement of $42 Million

-- Q32 Bio to focus on advancement of bempikibart (ADX-914) in ongoing atopic dermatitis (AD) and alopecia areata (AA) Phase 2 clinical trials and commencement of ADX-097 Phase 2 renal basket clinical...

3 months ago - PRNewsWire