Spero TherapeuticsSPRO
About: Spero Therapeutics Inc is a clinical-stage biopharmaceutical firm. It focuses on identifying, developing and commercializing novel treatments for MDR (Multi-drug-resistant) bacterial infections and rare diseases. The company's product candidate, tebipenem pivoxil hydrobromide or tebipenem HBr, is designed to be an oral carbapenem-class antibiotic for use in adults to treat MDR Gram-negative infections. It is also developing SPR720, a novel oral antibiotic designed for the treatment of a rare, orphan disease caused by pulmonary non-tuberculous mycobacterial infections, or NTM disease. Besides, it is also focused on SPR206, a next-generation polymyxin investigational product candidate, being developed as an IV-administered medicine to treat MDR Gram-negative infections in the hospital.
Employees: 46
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
2.91% less ownership
Funds ownership: 25.69% [Q2] → 22.78% (-2.91%) [Q3]
4% less funds holding
Funds holding: 47 [Q2] → 45 (-2) [Q3]
8% less capital invested
Capital invested by funds: $18M [Q2] → $16.5M (-$1.53M) [Q3]
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
69% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 13
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Evercore ISI Group Josh Schimmer 37% 1-year accuracy 22 / 59 met price target | 424%upside $5 | In-Line Downgraded | 20 Dec 2024 |
HC Wainwright & Co. Raghuram Selvaraju 39% 1-year accuracy 121 / 308 met price target | 424%upside $5 | Buy Reiterated | 2 Dec 2024 |