3.59 USD
+0.25
7.49%
At close Dec 20, 4:00 PM EST
After hours
3.61
+0.02
0.56%
1 day
7.49%
5 days
-3.75%
1 month
-86.84%
3 months
-92.67%
6 months
-77.60%
Year to date
-78.44%
1 year
-78.44%
5 years
-78.44%
10 years
-78.44%
 

About: Q32 Bio Inc is a clinical-stage biotechnology company focused on developing novel biologics to effectively and safely restore healthy immune balance in patients with autoimmune & inflammatory diseases driven by pathological immune dysfunction. Q32 is advancing antibody-based therapeutic candidates designed to target two central pathways of adaptive & innate immunity. The adaptive immune system is largely composed of T- & B-cell mediated cellular & antibody responses, while the innate immune system is the body's first line of defense employing leukocytes that are responsible for clearing pathogens and cellular debris and modulating T- & B-cell function. ADX-097, the lead product candidate from Q32's complement inhibitor platform, is a humanized anti-C3d monoclonal antibody fusion protein.

Employees: 42

0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 6 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

200% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 9

181% more capital invested

Capital invested by funds: $144M [Q2] → $406M (+$262M) [Q3]

125% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 8

33% more funds holding

Funds holding: 54 [Q2] → 72 (+18) [Q3]

7.92% more ownership

Funds ownership: 67.61% [Q2] → 75.53% (+7.92%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$9
151%
upside
Avg. target
$18.17
406%
upside
High target
$22
513%
upside

6 analyst ratings

positive
67%
neutral
33%
negative
0%
BMO Capital
Etzer Darout
29% 1-year accuracy
12 / 41 met price target
513%upside
$22
Outperform
Maintained
12 Dec 2024
Oppenheimer
Jay Olson
20% 1-year accuracy
20 / 102 met price target
457%upside
$20
Outperform
Maintained
11 Dec 2024
Piper Sandler
Christopher Raymond
19% 1-year accuracy
5 / 27 met price target
457%upside
$20
Overweight
Maintained
11 Dec 2024
Wells Fargo
Derek Archila
53% 1-year accuracy
19 / 36 met price target
346%upside
$16
Equal-Weight
Downgraded
11 Dec 2024
Leerink Partners
Thomas Smith
20% 1-year accuracy
1 / 5 met price target
151%upside
$9
Market Perform
Downgraded
11 Dec 2024

Financial journalist opinion

Based on 4 articles about QTTB published over the past 30 days

Negative
Zacks Investment Research
1 week ago
Here's Why Q32 Bio Stock Hit a New Record Low on Wednesday
Shares of QTTB fall after its experimental autoimmune disease drug failed to meet the primary endpoint in a mid-stage study for eczema.
Here's Why Q32 Bio Stock Hit a New Record Low on Wednesday
Negative
Benzinga
1 week ago
Why Is Skin Disease-Focused Q32 Bio Stock Trading Lower On Wednesday?
On Wednesday, Q32 Bio Inc.  QTTB revealed topline results from the SIGNAL-AA Phase 2a signal finding trial evaluating bempikibart (ADX-914) for alopecia areata (AA).
Why Is Skin Disease-Focused Q32 Bio Stock Trading Lower On Wednesday?
Negative
Investors Business Daily
1 week ago
Q32 Bio Crashes 67% On A 'Messy' Update In Eczema, Alopecia Treatment
Q32 Bio delivered a "messy" update for its eczema and alopecia treatment, leading the biotech stock to collapse to a record low. The post Q32 Bio Crashes 67% On A 'Messy' Update In Eczema, Alopecia Treatment appeared first on Investor's Business Daily.
Q32 Bio Crashes 67% On A 'Messy' Update In Eczema, Alopecia Treatment
Neutral
PRNewsWire
1 week ago
Q32 Bio Provides Bempikibart Program Update, Including Next Steps for Advancing Alopecia Areata Development Program
-- SIGNAL-AA demonstrated encouraging clinical activity of bempikibart in patients with alopecia areata (AA), including improvement from baseline on SALT score and meaningful achievement of SALT-20 response -- -- SIGNAL-AD Phase 2a clinical trial in atopic dermatitis demonstrated promising findings in Part A but did not meet primary endpoint in Part B -- -- Across both trials, bempikibart was observed to be safe and well tolerated; demonstrated potent IL-7 and TSLP inhibition via changes in both Th2 biomarkers and T-cells, and desired target engagement -- -- Based on these results, Company plans to advance bempikibart in patients with AA -- WALTHAM, Mass. , Dec. 10, 2024 /PRNewswire/ -- Q32 Bio Inc. (Nasdaq: QTTB) ("Q32 Bio"), a clinical stage biotechnology company focused on developing biologic therapeutics to restore immune homeostasis, today announced topline results from the SIGNAL-AA Phase 2a signal finding clinical trial evaluating bempikibart (ADX-914), which identified encouraging clinical activity in patients with alopecia areata (AA).
Q32 Bio Provides Bempikibart Program Update, Including Next Steps for Advancing Alopecia Areata Development Program
Neutral
PRNewsWire
1 month ago
Q32 Bio Reports Third Quarter 2024 Financial Results and Provides Corporate Update
-- Bempikibart Phase 2 topline results in atopic dermatitis (AD) and alopecia areata (AA) remain on-track for Q4'24, with topline data from both trials expected in December -- -- Enrollment ongoing in ADX-097 Phase 2 basket trial for complement mediated renal diseases, with topline data expected in 2H'25 and initial open-label data in 1H'25 -- -- Cash and cash equivalents of $89.1 million as of September 30, 2024 expected to provide financial runway through four Phase 2 clinical milestones and into mid-2026 -- WALTHAM, Mass. , Nov. 7, 2024 /PRNewswire/ -- Q32 Bio Inc. (Nasdaq: QTTB) ("Q32 Bio"), a clinical stage biotechnology company focused on developing biologic therapeutics to restore immune homeostasis, today reported financial results for the quarter ended September 30, 2024, and provided recent corporate updates.
Q32 Bio Reports Third Quarter 2024 Financial Results and Provides Corporate Update
Neutral
PRNewsWire
1 month ago
Q32 Bio to Participate in Guggenheim's Inaugural Healthcare Innovation Conference
WALTHAM, Mass. , Nov. 5, 2024 /PRNewswire/ -- Q32 Bio Inc. (Nasdaq: QTTB) ("Q32 Bio"), a clinical stage biotechnology company focused on developing biologic therapeutics to restore immune homeostasis, today announced that management will participate in a fireside chat at 10:00 a.m.
Q32 Bio to Participate in Guggenheim's Inaugural Healthcare Innovation Conference
Neutral
PRNewsWire
2 months ago
Q32 Bio to Present Tissue-Targeted Complement Inhibitor ADX-097 Positive Phase 1 Clinical Trial Results at the American Society of Nephrology Kidney Week 2024
-- Poster presentation to highlight data from completed first-in-human, Phase 1 ascending dose clinical trial of ADX-097 in healthy volunteers; results support Phase 2 dose selection and continued clinical advancement of ADX-097 -- WALTHAM, Mass. , Oct. 14, 2024 /PRNewswire/ -- Q32 Bio Inc. (Nasdaq: QTTB) ("Q32 Bio"), a clinical stage biotechnology company focused on developing biologic therapeutics to restore immune homeostasis, today announced that it will present clinical data supporting its program for innate immunity, ADX-097, at the American Society of Nephrology (ASN) Kidney Week 2024, taking place October 24-27, 2024, in San Diego, Calif.
Q32 Bio to Present Tissue-Targeted Complement Inhibitor ADX-097 Positive Phase 1 Clinical Trial Results at the American Society of Nephrology Kidney Week 2024
Neutral
PRNewsWire
3 months ago
Q32 Bio to Participate in Upcoming September Investor Conferences
WALTHAM, Mass. , Aug. 29, 2024 /PRNewswire/ -- Q32 Bio Inc. (Nasdaq: QTTB) ("Q32 Bio"), a clinical stage biotechnology company focused on developing biologic therapeutics to restore immune homeostasis, today announced that management will participate in three upcoming investor conferences in September: Morgan Stanley 22nd Annual Global Healthcare Conference Date: Thursday, September 5, 2024 Location: New York, NY 2024 Cantor Fitzgerald Global Healthcare Conference Date: Tuesday, September 17, 2024 Presentation Time: 3:40 p.m.
Q32 Bio to Participate in Upcoming September Investor Conferences
Positive
Seeking Alpha
3 months ago
Q32 Bio: High-Risk, High-Reward With Bempikibart And ADX-097
Q32 Bio's Bempikibart and ADX-097 are in Phase 2 trials, targeting autoimmune and inflammatory diseases, with significant potential to address unmet medical needs. The company's unique approach of localized inhibition minimizes side effects and enhances efficacy, differentiating it in the biotech sector. Despite a short cash runway, Q32 Bio's recent merger, strategic reacquisition, and $42 million private placement bolstered its financial position.
Q32 Bio: High-Risk, High-Reward With Bempikibart And ADX-097
Positive
Zacks Investment Research
4 months ago
Wall Street Analysts Think Q32 Bio (QTTB) Could Surge 91.69%: Read This Before Placing a Bet
The consensus price target hints at a 91.7% upside potential for Q32 Bio (QTTB). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Wall Street Analysts Think Q32 Bio (QTTB) Could Surge 91.69%: Read This Before Placing a Bet
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