Zenas BioPharma, Inc. (ZBIO)

NASDAQ: ZBIO · Real-Time Price · USD
19.23
+1.39 (7.76%)
May 20, 2026, 2:55 PM EDT - Market open
Market Cap1.21B +158.1%
Revenue (ttm)n/a +100.0%
Net Income-425.15M
EPS-8.82
Shares Out 63.13M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume270,475
Open18.22
Previous Close17.84
Day's Range17.85 - 19.27
52-Week Range8.91 - 44.60
Betan/a
AnalystsStrong Buy
Price Target42.13 (+119.14%)
Earnings DateMay 13, 2026

About ZBIO

Zenas BioPharma, Inc., a clinical-stage biopharma company, engages in the development and commercialization of transformative immunology-based therapies. Its lead product candidate is obexelimab, a bifunctional monoclonal antibody designed to bind CD19 and FcγRIIb for the treatment of various I&I diseases and various indications, including immunoglobulin G4-related disease, multiple sclerosis, and systemic lupus erythematosus. The company develops ZB002, an anti-TNFa monoclonal antibody; ZB004, a CTLA-4-Ig fusion protein designed to have an ext... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Sep 13, 2024
Employees 167
Stock Exchange NASDAQ
Ticker Symbol ZBIO
Full Company Profile

Financial Performance

In 2025, Zenas BioPharma's revenue was $10.00 million, an increase of 100.00% compared to the previous year's $5.00 million. Losses were -$377.74 million, 140.6% more than in 2024.

Financial Statements

Analyst Summary

According to 8 analysts, the average rating for ZBIO stock is "Strong Buy." The 12-month stock price target is $42.13, which is an increase of 119.14% from the latest price.

Price Target
$42.13
(119.14% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Zenas BioPharma Announces Upcoming Presentation of Results from Phase 3 INDIGO Registrational Trial of Obexelimab in Immunoglobulin G4-Related Disease (IgG4-RD) at EULAR 2026 Congress

- Safety and efficacy results from the Phase 3 INDIGO trial to be presented by Emanuel Della Torre, M.D., Ph.D., on Thursday June 4, 2026, at 2:45 PM GMT -

1 day ago - GlobeNewsWire

Zenas BioPharma Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

WALTHAM, Mass., May 18, 2026 (GLOBE NEWSWIRE) -- Zenas BioPharma, Inc. (“Zenas” or the “Company”) (Nasdaq: ZBIO), a clinical-stage global biopharmaceutical company committed to being a leader in the d...

1 day ago - GlobeNewsWire

Zenas BioPharma price target raised to $22 from $21 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Zenas BioPharma (ZBIO) to $22 from $21 and keeps an Equal Weight rating on the shares.

6 days ago - TheFly

Citi opens ‘upside 30-day catalyst watch’ on Zenas BioPharma

Citi analyst Yigal Nochomovitz added an “upside 30-day catalyst watch” on shares of Zenas BioPharma (ZBIO) while keeping a Buy rating on the name with a $41 price target The…

6 days ago - TheFly

Zenas BioPharma Slides: Corporate presentation

Zenas BioPharma has posted slides in relation to its latest quarterly earnings report, which was published on May 13, 2026.

7 days ago - Filings

Zenas BioPharma doses first patient in Phase 1 clinical trial of ZB021

Zenas BioPharma (ZBIO) announced that the first subject has been dosed in the Phase 1 trial of ZB021, a novel potentially best-in-class oral IL-17AA/AF inhibitor. The Phase 1 trial is…

7 days ago - TheFly

Zenas BioPharma Announces First Subject Dosed in Phase 1 Clinical Trial of ZB021, a Novel, Potentially Best-in-Class Oral IL-17AA/AF Inhibitor

- Phase 1 trial designed to evaluate the safety, tolerability, and pharmacokinetic properties of ZB021 in healthy volunteers and to establish proof-of-concept in patients with plaque psoriasis -

7 days ago - GlobeNewsWire

Zenas BioPharma reports Q1 EPS ($1.46) vs. (80c) last year

Reports Q1 revenue $0 vs. $10M last year. As of March 31 the Company’s cash, cash equivalents and investments were $718.5M. “This quarter we continued to execute across our portfolio…

7 days ago - TheFly

Zenas BioPharma Reports First Quarter 2026 Financial Results and Provides Corporate Update

– Obexelimab marketing applications for the treatment of IgG4-RD on-target for submission to the FDA this quarter and the EMA in H2 2026 based on the Phase 3 INDIGO IgG4-RD trial results –

7 days ago - GlobeNewsWire

Zenas BioPharma Earnings release: Q1 2026

Zenas BioPharma released its Q1 2026 earnings on May 13, 2026, summarizing the period's financial results.

7 days ago - Filings

Zenas BioPharma Quarterly report: Q1 2026

Zenas BioPharma has published its Q1 2026 quarterly earnings report on May 13, 2026.

7 days ago - Filings

Zenas BioPharma Transcript: AGM 2026

The meeting confirmed a quorum and saw the election of two directors and ratification of the auditor for 2026. No additional shareholder proposals were introduced, and final voting results will be disclosed in a forthcoming Form 8-K.

9 days ago - Transcripts

Zenas BioPharma director buys $1.5M in common stock

In a regulatory filing, Zenas BioPharma (ZBIO) disclosed that its director Hongbo Lu bought 75K shares of common stock on March 31 in a total transaction size of $1.5M. Shares…

7 weeks ago - TheFly

Zenas BioPharma 5M share Spot Secondary priced at $20.00

The common stock offering was increased to $100M and priced below last closing price of $22.16. Jefferies, Evercore ISI, Citi and Guggenheim are acting as joint book running managers for…

7 weeks ago - TheFly

Zenas BioPharma Announces Pricing of Concurrent Public Offerings of 2.50% Convertible Senior Notes Due 2032 and Common Stock with Aggregate Gross Proceeds of $300.0 Million

WALTHAM, Mass., March 27, 2026 (GLOBE NEWSWIRE) -- Zenas BioPharma, Inc. (“Zenas,” “Zenas BioPharma” or the “Company”) (Nasdaq: ZBIO), a clinical-stage global biopharmaceutical company committed to be...

7 weeks ago - GlobeNewsWire

Zenas announces common stock, convertible senior notes offerings

Zenas BioPharma (ZBIO) announced that it has commenced underwritten public offerings of its convertible senior notes due 2032 and shares of its common stock. Jefferies, Evercore ISI, Citigroup and Gug...

7 weeks ago - TheFly

Zenas BioPharma Announces Proposed Concurrent Public Offerings of Convertible Senior Notes Due 2032 and Common Stock

WALTHAM, Mass., March 26, 2026 (GLOBE NEWSWIRE) -- Zenas BioPharma, Inc. (“Zenas,” “Zenas BioPharma” or the “Company”) (Nasdaq: ZBIO), a clinical-stage global biopharmaceutical company committed to be...

7 weeks ago - GlobeNewsWire

Zenas BioPharma price target raised to $55 from $45 at Guggenheim

Guggenheim raised the firm’s price target on Zenas BioPharma (ZBIO) to $55 from $45 and keeps a Buy rating on the shares. The firm updated its model to account for…

2 months ago - TheFly

Zenas BioPharma price target raised to $21 from $19 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Zenas BioPharma (ZBIO) to $21 from $19 and keeps an Equal Weight rating on the shares after the company provided its Q4…

2 months ago - TheFly

Zenas BioPharma price target lowered to $41 from $43 at Citi

Citi lowered the firm’s price target on Zenas BioPharma (ZBIO) to $41 from $43 and keeps a Buy rating on the shares. The firm updated the company’s model post the…

2 months ago - TheFly

Zenas BioPharma Proxy statement: Proxy Filing

Zenas BioPharma filed a proxy statement on March 16, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

Zenas BioPharma Proxy statement: Proxy Filing

Zenas BioPharma filed a proxy statement on March 16, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

Zenas BioPharma reports Q4 EPS ($4.54) vs. ($1.26) last year

Reports revenue $0 vs. $5M last year. “Following the highly positive Phase 3 INDIGO results reported earlier this year, we enter 2026 with strong momentum as we prepare for the…

2 months ago - TheFly

Zenas BioPharma sees cash runway into 4Q27

As of December 31, 2025, the Company’s cash, cash equivalents and investments were $360.5 million. The Company expects that its cash, cash equivalents and investments, as of December 31, 2025,…

2 months ago - TheFly

Zenas BioPharma Reports Fourth Quarter and Full Year 2025 Financial Results and Provides Corporate Update

- Obexelimab marketing applications for the treatment of IgG4-RD expected to be submitted to the FDA in Q2 2026 and the EMA in H2 2026 based on the Phase 3 INDIGO trial results - - Topline results of ...

2 months ago - GlobeNewsWire