Q32 Bio Inc. (QTTB)

NASDAQ: QTTB · IEX Real-Time Price · USD
26.54
-0.86 (-3.14%)
At close: May 1, 2024, 4:00 PM
26.88
+0.34 (1.28%)
After-hours: May 1, 2024, 7:52 PM EDT
-3.14%
Market Cap 316.61M
Revenue (ttm) 1.16M
Net Income (ttm) -112.96M
Shares Out 11.93M
EPS (ttm) -35.10
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 14,771
Open 27.01
Previous Close 27.40
Day's Range 25.90 - 27.38
52-Week Range 8.24 - 30.92
Beta n/a
Analysts Buy
Price Target 47.50 (+78.98%)
Earnings Date May 14, 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 37
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 2 analysts, the average rating for QTTB stock is "Buy." The 12-month stock price forecast is $47.5, which is an increase of 78.98% from the latest price.

Price Target
$47.5
(78.98% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

4 weeks 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...

5 weeks ago - PRNewsWire