Tectonic Therapeutic, Inc. (TECX)

NASDAQ: TECX · Real-Time Price · USD
36.90
-0.50 (-1.34%)
Oct 21, 2024, 4:00 PM EDT - Market closed
-1.34%
Market Cap 543.70M
Revenue (ttm) n/a
Net Income (ttm) -45.82M
Shares Out 14.73M
EPS (ttm) -3.11
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 106,801
Open 37.40
Previous Close 37.40
Day's Range 36.33 - 37.70
52-Week Range 1.40 - 37.99
Beta n/a
Analysts Strong Buy
Price Target 60.00 (+62.6%)
Earnings Date Nov 24, 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 4 analysts, the average rating for TECX stock is "Strong Buy." The 12-month stock price forecast is $60.0, which is an increase of 62.60% from the latest price.

Price Target
$60.0
(62.60% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

1 day 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

4 weeks 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...

2 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...

2 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...

2 months ago - GlobeNewsWire