Q32 BioQTTB
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
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
6 analyst ratings
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