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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

Price (USD)
Price (USD)

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

Full Financials

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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Position Strategy

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Swing Strategy

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Best for:

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Go deeper on FBRX

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Earnings Calendar

Next Earnings

Estimated Q3 Release

Nov 12

Est. EPS

Adjusted consensus estimate

-$0.95