Sutro Biopharma, Inc. (STRO)

NASDAQ: STRO · Real-Time Price · USD
40.75
+0.92 (2.31%)
May 8, 2026, 11:08 AM EDT - Market open
Market Cap675.16M +789.2%
Revenue (ttm)102.48M +65.2%
Net Income-191.09M
EPS-22.49
Shares Out 16.57M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume69,614
Open39.91
Previous Close39.83
Day's Range39.81 - 41.88
52-Week Range6.74 - 41.88
Beta1.64
AnalystsBuy
Price Target31.33 (-23.12%)
Earnings DateMay 19, 2026

About STRO

Sutro Biopharma, Inc. operates as an oncology company. The company develops site-specific and novel-format antibody drug conjugates (ADCs) that enables its proprietary integrated cell-free protein synthesis platform, XpressCF; and site-specific conjugation platform, XpressCF+. Its lead product candidate includes STRO-004, a tissue factor (TF) targeting ADC for the treatment of TF-expressing solid tumors, including non-small cell lung cancer, head and neck squamous cell carcinoma, cervical cancer, colorectal cancer, pancreatic ductal adenocarcin... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Sep 27, 2018
Employees 137
Stock Exchange NASDAQ
Ticker Symbol STRO
Full Company Profile

Financial Performance

In 2025, Sutro Biopharma's revenue was $102.48 million, an increase of 65.18% compared to the previous year's $62.04 million. Losses were -$191.09 million, -15.99% less than in 2024.

Financial Statements

Analyst Summary

According to 9 analysts, the average rating for STRO stock is "Buy." The 12-month stock price target is $31.33, which is a decrease of -23.12% from the latest price.

Price Target
$31.33
(-23.12% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Sutro Biopharma initiated with an Outperform at Mizuho

Mizuho initiated coverage of Sutro Biopharma (STRO) with an Outperform rating and $50 price target The firm believes the company’s antibody-drug conjugate pipeline is positioned to reproduce a proven ...

8 days ago - TheFly

Sutro Biopharma price target raised to $41 from $35 at Citizens

Citizens raised the firm’s price target on Sutro Biopharma (STRO) to $41 from $35 and keeps an Outperform rating on the shares. Recent AACR presentations highlighted strong preclinical results across

15 days ago - TheFly

Sutro Biopharma presents preclinical data across its pipeline of ADCs

Sutro Biopharma (STRO) announced promising preclinical data across its pipeline of next- generation ADCs in five posters and one oral presentation at the American Association for Cancer Research, AACR...

18 days ago - TheFly

Sutro Biopharma price target raised to $35 from $23 at Citizens

Citizens analyst Reni Benjamin raised the firm’s price target on Sutro Biopharma (STRO) to $35 from $23 and keeps an Outperform rating on the shares. The firm continues to believe

21 days ago - TheFly

Sutro Biopharma management to meet with Citizens

Meeting to be held in San Diego on April 20 hosted by Citizens.

24 days ago - TheFly

Sutro Biopharma initiated with an Outperform at Leerink

Leerink initiated coverage of Sutro Biopharma (STRO) with an Outperform rating and $38 price target The company is focusing on novel approaches to optimize antibody drug conjugates to enhance the

4 weeks ago - TheFly

Sutro Biopharma price target raised to $55 from $51 at Deutsche Bank

Deutsche Bank raised the firm’s price target on Sutro Biopharma (STRO) to $55 from $51 and keeps a Buy rating on the shares. The firm says the company’s Q4 report

6 weeks ago - TheFly

Sutro Biopharma upgraded to Buy from Neutral at H.C. Wainwright

H.C. Wainwright upgraded Sutro Biopharma (STRO) to Buy from Neutral with a price target of $28, up from $10. The firm has increased conviction that STRO-004 “will deliver on promises

6 weeks ago - TheFly

Wells upgrades Sutro to Overweight ahead of STRO-004 data

Wells Fargo analyst Derek Archila upgraded Sutro Biopharma (STRO) to Overweight from Equal Weight with a price target of $27, up from $8, post the Q4 report. The update was

6 weeks ago - TheFly

Sutro Biopharma upgraded to Overweight from Equal Weight at Wells Fargo

Wells Fargo upgraded Sutro Biopharma (STRO) to Overweight from Equal Weight with a price target of $27, up from $8.

6 weeks ago - TheFly

Sutro Biopharma files $300M mixed securities shelf

17:24 EDT Sutro Biopharma (STRO) files $300M mixed securities shelf

6 weeks ago - TheFly

Sutro Biopharma Reports Full Year 2025 Financial Results and Business Highlights

– Dosed three cohorts in Phase 1 trial of STRO-004, potential best-in-class Tissue Factor (TF) ADC; on track to report initial clinical data in mid-2026 –

6 weeks ago - GlobeNewsWire

Sutro Biopharma Transcript: The Citizens Life Sciences Conference 2026

A major strategic pivot has accelerated a differentiated ADC pipeline, with STRO-004 in phase I and two more programs set for INDs this year. The cell-free platform enables higher drug exposure and safety, while dual payload ADCs aim to overcome resistance. Key data and milestones are expected within the next 12 months.

2 months ago - Transcripts

Sutro Biopharma Transcript: TD Cowen 46th Annual Health Care Conference

A new leadership team has transformed operations, extended financial runway, and accelerated clinical programs, notably advancing a differentiated ADC pipeline. The lead program, STRO-004, is in clinical trials with top-line data expected mid-year, aiming for broad tumor impact and improved safety.

2 months ago - Transcripts

Sutro Biopharma to Participate in Upcoming Investor Conferences

SOUTH SAN FRANCISCO, Calif., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Sutro Biopharma, Inc. (Sutro or the Company) (NASDAQ: STRO), a clinical-stage oncology company pioneering site-specific and novel-format ...

2 months ago - GlobeNewsWire

Sutro Biopharma 7.87M share Secondary priced at $13.98

Leerink, TD Cowen and LifeSci Capital are acting as joint book running managers for the offering.

3 months ago - TheFly

Sutro Biopharma Announces Pricing of $110.0 million Underwritten Offering

SOUTH SAN FRANCISCO, Calif., Feb. 10, 2026 (GLOBE NEWSWIRE) -- Sutro Biopharma, Inc. (Sutro or the Company) (Nasdaq: STRO), a clinical-stage oncology company pioneering site-specific and novel-format ...

3 months ago - GlobeNewsWire

Sutro Biopharma upgraded to Outperform from Market Perform at Citizens

Citizens upgraded Sutro Biopharma (STRO) to Outperform from Market Perform with a $23 price target The firm cites its platform and cash per share value analysis for the upgrade following

3 months ago - TheFly

Sutro Biopharma Transcript: 44th Annual J.P. Morgan Healthcare Conference

A strategic pivot and new leadership have transformed the company, streamlining operations and accelerating a differentiated ADC pipeline. Key programs, including single and dual payload ADCs, are advancing rapidly, with robust preclinical and early clinical data, extended cash runway, and strategic partnerships supporting future growth.

4 months ago - Transcripts

Sutro Biopharma regains compliance with Nasdaq

Sutro Biopharma (STRO) announced it has regained compliance with Nasdaq continued listing standard for minimum share price under Rule 5450 of the Nasdaq Listing Qualifications.

5 months ago - TheFly

Sutro Biopharma price target raised to $51 from $5 at Deutsche Bank

Deutsche Bank raised the firm’s price target on Sutro Biopharma (STRO) to $51 from $5 and keeps a Buy rating on the shares. The company’s STRO-004 is entering the Clinic

5 months ago - TheFly

Sutro Biopharma Transcript: Piper Sandler 37th Annual Healthcare Conference

Significant progress was highlighted in ADC platform innovation, with rapid clinical advancement of STRO-004 and plans for multiple new INDs. Dual payload and immunostimulatory ADCs are key pipeline differentiators, supported by a strong financial runway into 2027.

5 months ago - Transcripts

Sutro Biopharma Transcript: R&D Day 2025

A diversified ADC pipeline is advancing with STRO-004 in the clinic, STRO-006 and PTK7 dual payload ADCs targeting INDs in 2026-2027, and strong preclinical data supporting broad tumor applications. Platform innovations and partnerships have extended the financial runway and positioned the company for multiple clinical milestones in 2026.

6 months ago - Transcripts

Sutro Biopharma Reports Third Quarter 2025 Financial Results and Business Highlights

– Company announces U.S. FDA clearance of Investigational New Drug (IND) application for STRO-004, its potential best-in-class Tissue Factor ADC; Expects to dose first patient before year-end –

6 months ago - GlobeNewsWire

Sutro Biopharma to Host Virtual Research & Development Day on November 12, 2025

SOUTH SAN FRANCISCO, Calif., Nov. 05, 2025 (GLOBE NEWSWIRE) -- Sutro Biopharma, Inc. (Sutro or the Company) (NASDAQ: STRO), an oncology company pioneering site-specific and novel-format antibody drug ...

6 months ago - GlobeNewsWire