37T Stock Chart & Stats
€26.40
€0.00(0.00%)
At close: 4:00 PM EST
€26.40
€0.00(0.00%)
Day’s Range― - ―
52-Week Range€8.10 - €43.20
Previous CloseN/A
Volume0.00
Average Volume (3M)3.00
Market Cap
€876.53M
Enterprise Value€403.77
Total Cash (Recent Filing)€58.22M
Total Debt (Recent Filing)€0.00
Price to Earnings (P/E)―
Beta0.32
Next Earnings
Aug 17, 2026EPS Estimate
-0.81Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-4.58
Shares Outstanding20,478,817
10 Day Avg. Volume1
30 Day Avg. Volume3
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)65.81
Price to Sales (P/S)0.00
P/FCF Ratio-78.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€58.57Price Target Upside121.84% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)-3.6
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Debt-free Capital StructureZero reported debt meaningfully lowers financial risk and interest burden, preserving cash for R&D. For a clinical-stage biotech, a debt-free structure increases strategic optionality for partnering or milestone financing and reduces fixed financing costs over the medium term.
Positive Phase 1b Vitiligo DataRobust, placebo-controlled Phase 1b efficacy and favorable safety materially de-risk FB102's clinical profile. Durable signals and early onset of benefit improve the program's attractiveness to partners, support expansion into autoimmune indications, and strengthen the company's long-term clinical thesis.
Governance And Incentive AlignmentRe-election of directors, auditor ratification, and an updated equity plan reinforce board continuity, external oversight, and management retention. Strong governance and aligned incentives sustain multi-year program execution and improve credibility with investors and potential collaborators.
Bears Say
No Revenue; Widening LossesAbsence of operating revenue and materially widening net losses indicate the company is R&D-funded rather than self-sustaining. Persistent unprofitability forces reliance on external capital, increasing dilution risk and constraining the company's ability to independently advance multiple late-stage programs.
Deep Negative Cash Flow / Cash BurnSustained negative operating and free cash flow with sizeable TTM burn reduces runway and forces prioritization of programs. Dependence on financings can delay trials or change development timelines and raises execution risk if capital markets tighten over the medium term.
Declining Equity And AssetsEroding equity and shrinking assets reflect cumulative cash depletion from losses, weakening the balance sheet. This reduces borrowing capacity and bargaining leverage in partnerships, shortening the time window before additional capital is required and constraining strategic flexibility.
37T FAQ
What was Forte Biosciences Inc.’s price range in the past 12 months?
Forte Biosciences Inc. lowest stock price was €8.10 and its highest was €43.20 in the past 12 months.
What is Forte Biosciences Inc.’s market cap?
Forte Biosciences Inc.’s market cap is €876.53M.
When is Forte Biosciences Inc.’s upcoming earnings report date?
Forte Biosciences Inc.’s upcoming earnings report date is Aug 17, 2026 which is in 27 days.
How were Forte Biosciences Inc.’s earnings last quarter?
Forte Biosciences Inc. released its earnings results on May 11, 2026. The company reported -€1.086 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
Is Forte Biosciences Inc. overvalued?
According to Wall Street analysts Forte Biosciences Inc.’s price is currently Undervalued.
Does Forte Biosciences Inc. pay dividends?
Forte Biosciences Inc. does not currently pay dividends.
What is Forte Biosciences Inc.’s EPS estimate?
Forte Biosciences Inc.’s EPS estimate is -0.81.
How many shares outstanding does Forte Biosciences Inc. have?
Forte Biosciences Inc. has 20,478,817 shares outstanding.
What happened to Forte Biosciences Inc.’s price movement after its last earnings report?
Forte Biosciences Inc. reported an EPS of -€1.086 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -8.182%.
Which hedge fund is a major shareholder of Forte Biosciences Inc.?
Currently, no hedge funds are holding shares in DE:37T
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Forte Biosciences Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
€58.57 (121.84% Upside)
€58.57 (121.84% Upside)
Blogger Sentiment
Neutral
DE:37T Sentiment 57%
Sector Average 66%
Sector Average 66%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
25.89%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
41.64%
Trailing 12-Months
Company Description
Forte Biosciences Inc.
Forte Biosciences, Inc. is a U.S.-based biopharmaceutical company currently in its clinical development phase. The firm's key initiative involves advancing the FB-102 program, which is designed to tackle a variety of autoimmune conditions, notably vitiligo and alopecia areata. Their main offices are situated in Dallas, Texas.
37T Stock 12 Month Forecast
Average Price Target
€58.57
▲(121.84% Upside)
Technical Analysis
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