Tectonic Therapeutic, Inc. (TECX)

NASDAQ: TECX · Real-Time Price · USD
47.44
+3.38 (7.67%)
Dec 20, 2024, 4:00 PM EST - Market closed
7.67%
Market Cap 699.87M
Revenue (ttm) n/a
Net Income (ttm) -53.48M
Shares Out 14.75M
EPS (ttm) -3.63
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 226,940
Open 43.78
Previous Close 44.06
Day's Range 43.28 - 48.47
52-Week Range 1.40 - 53.34
Beta n/a
Analysts Strong Buy
Price Target 72.25 (+52.3%)
Earnings Date Nov 7, 2024

About TECX

Tectonic Therapeutic, Inc., a clinical stage biotechnology company focuses on the discovery and development of therapeutic proteins and antibodies to modulate the activity of G-protein coupled receptors(GPCRs). It offers GEODe technology platform to enable the discovery and development of GPCR-targeted biologic medicines. The company’s pipeline products include RXFP1 agonist, which is in ongoing phase 1a and 1b for the indication of heart failure with preserved ejection fraction; GPCR antagonist for indication of hereditary hemorrhagic telangie... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Jun 21, 2018
Employees 44
Stock Exchange NASDAQ
Ticker Symbol TECX
Full Company Profile

Financial Performance

Financial numbers in USD Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for TECX stock is "Strong Buy." The 12-month stock price forecast is $72.25, which is an increase of 52.30% from the latest price.

Price Target
$72.25
(52.30% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Tectonic Therapeutic to Host KOL Event on the Unmet Need in Group 2 PH-HFpEF and TX45 as a Potential Treatment on Thursday, December 12, 2024

WATERTOWN, Mass., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Tectonic Therapeutic, Inc. (NASDAQ: TECX) (“Tectonic”) a clinical stage biotechnology company focused on the discovery and development of therapeuti...

17 days ago - GlobeNewsWire

Tectonic Therapeutic To Present on December 3rd, 2024 at the Piper Sandler Healthcare Conference

WATERTOWN, Mass., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Tectonic Therapeutic, Inc. (NASDAQ: TECX) (Tectonic), a clinical stage biotechnology company focused on the discovery and development of therapeutic...

24 days ago - GlobeNewsWire

Tectonic Therapeutic Announces Positive Phase 1a Results in AHA 2024 Presentation for TX45, a Long-acting, Fc-Relaxin Fusion Protein

WATERTOWN, Mass., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Tectonic Therapeutic, Inc. (NASDAQ: TECX) (“Tectonic”) a clinical stage biotechnology company focused on the discovery and development of therapeuti...

5 weeks ago - GlobeNewsWire

Tectonic Therapeutic to Present Phase 1a Data at AHA 2024

American Heart Association (AHA) poster to be presented on November 16, 2024 American Heart Association (AHA) poster to be presented on November 16, 2024

2 months ago - GlobeNewsWire

Tectonic Therapeutic: Interesting CV Disease Drug Developer

Tectonic Therapeutic's lead candidate TX45 showed positive phase 1 results for Group 2 Pulmonary Hypertension, driving the stock up over 100% in September. TX45 is an Fc-relaxin fusion molecule target...

2 months ago - Seeking Alpha

Tectonic Therapeutic Announces Favorable Phase 1a Safety, Tolerability and PK/PD Results for Lead Program TX45

TX45 was well-tolerated with no observed immunogenicity, and demonstrated a favorable PK/PD relationship which was used to identify doses for the Phase 2 clinical trial

3 months ago - GlobeNewsWire

Tectonic Therapeutic to Participate in September Investor Conferences

WATERTOWN, Mass., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Tectonic Therapeutic, Inc. (NASDAQ: TECX) (Tectonic), a clinical stage biotechnology company focused on the discovery and development of therapeutic...

4 months ago - GlobeNewsWire

Tectonic Therapeutic Announces Second Quarter 2024 Financial Results and Recent Business Highlights

TX45 advances into Phase 2 clinical trial for patients with Group 2 PH-HFpEF with first site activated and screening open in August 2024 Received U.S. Investigational New Drug (IND) clearance for lead...

4 months ago - GlobeNewsWire

Tectonic Therapeutic Announces US IND Clearance for Lead Program, TX45

TX45 is an Fc-relaxin fusion protein being evaluated in patients with Group 2 Pulmonary Hypertension (PH) due to Heart Failure with Preserved Ejection Fraction (HFpEF), a serious condition estimated t...

5 months ago - GlobeNewsWire