Forte Biosciences Inc
FBRX
NASDAQ
Biotechnology
$76.83
USD
-0.03 (-0.04%)
At close: Aug 14, 2026, 4:00 PM EDT
Market Cap $1.57B
Volume 490.1K
About Forte Biosciences Inc
Forte Biosciences, Inc. is a biopharmaceutical company, which engages in the provision of dermatology products and services. The company is headquartered in Dallas, Texas and currently employs 19 full-time employees. The company went IPO on 2017-04-13. The company is advancing clinical development of FB102 into patient-based trials for celiac disease and non-segmental vitiligo. The firm's FB102 program focuses on addressing key pathways implicated in these indications with a CD122 antagonist. CD122 is a subunit of IL-2/IL-15 receptors which are key regulators of NK cells and certain T cell subsets. FB102 has potentially other autoimmune and autoimmune-related applications including vitiligo, alopecia areata, and type 1 diabetes (T1D). Its subsidiaries include Forte Subsidiary, Inc. and Forte Biosciences Australia Proprietary Limited.
CEO
Dr. Paul Wagner
HQ
Dallas, TEXAS, US
Founded
2017
Employees
19
Key Metrics
2 metrics our research team weighs before forming a view on FBRX.
Based on Quantli research · SEC filings · as of Q2 2026
METRIC
VALUE
CHANGE
TREND (3Y)
ROE (TTM)
-47.8%
—
Free Cash Flow (TTM)
$-72.03M
—
Financial Snapshot
Revenue
$0
— YoY
Gross Margin
—
— YoY
Net Income
$-87.94M
-107.1%
YoY
Operating Cash Flow
$-71.98M
-86.7%
YoY
Key Statistics
Open
$76.86
Previous Close
$76.86
Day Range
$76.82 - $76.87
52 Week Range
$9.91 - $77.20
Volume
490.1K
Average Volume (10 Days)
1.2M
Dividend Yield
—
Valuation Measurement
Market Cap
$1.57B
P/E Ratio (TTM)
—
Price / Book
8.57
Financial Highlights
Return on Assets
-42.7%
Return on Equity
-47.8%
Revenue (TTM)
$0
Net Income (TTM)
$-87.94M
Diluted EPS (TTM)
-$4.58
Total Cash (MRQ)
$49.63M
Levered FCF (TTM)
$-72.03M
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Earnings Calendar
Next Earnings
Estimated Q3 Release
Nov 12
Est. EPS
Adjusted consensus estimate
-$0.95