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Spruce Biosciences, Inc

SPRB

NASDAQ

Biotechnology

$52.64

USD

+2.87 (+5.77%)

At close: Aug 14, 2026, 4:00 PM EDT

Market Cap $136.98M

Volume 42.2K

Price (USD)
Price (USD)

About Spruce Biosciences, Inc

Spruce Biosciences, Inc. is a biopharmaceutical company, which engages in developing and commercializing novel therapies for rare endocrine disorders with significant unmet medical need. The company is headquartered in South San Francisco, California and currently employs 8 full-time employees. The company went IPO on 2020-10-09. The company has a diverse portfolio of product candidates addressing diseases with high unmet medical need and clear biology for treatment, for which there are either no approved therapies treating the underlying disease or suboptimal treatment options. Its pipeline consists of TA-ERT, Tildacerfont and Cortibon, and SPR202. TA-ERT is a fusion protein comprised of recombinant human alpha-N-acetylglucosaminidase. TA-ERT is intended as an enzyme replacement therapy for the treatment of patients with MPS IIIB who lack rhNAGLU enzyme activity. Tildacerfont has the potential to address hyperactive brain corticotropin-releasing factors neurotransmission and aberrant functioning of the hypothalamus-pituitary-adrenal axis in patients with MDD. SPR202 focuses on the treatment of Congenital Adrenal Hyperplasia and other indications.

CEO

Dr. Javier Szwarcberg

HQ

South San Francisco, CALIFORNIA, US

Founded

2020

Employees

9

Key Metrics

3 metrics our research team weighs before forming a view on SPRB.

Based on Quantli research · SEC filings · as of Q2 2026

METRIC

VALUE

CHANGE

TREND (3Y)

Revenue Growth (TTM)

-100.0%

-13.6 pp

ROE (TTM)

-61.3%

+305.4 pp

Free Cash Flow (TTM)

$-42.77M

Financial Snapshot

Full Financials

Revenue

$0

-100.0%

YoY

Gross Margin

YoY

Net Income

$-51.35M

-6.2%

YoY

Operating Cash Flow

$-42.62M

+17.2%

YoY

Key Statistics

Open

$50.14

Previous Close

$49.77

Day Range

$48.55 - $52.64

52 Week Range

$6.71 - $240.00

Volume

42.2K

Average Volume (10 Days)

40.0K

Dividend Yield

Valuation Measurement

Market Cap

$136.98M

P/E Ratio (TTM)

Price / Book

1.64

Financial Highlights

Return on Assets

-49.9%

Return on Equity

-61.3%

Revenue (TTM)

$0

Net Income (TTM)

$-51.35M

Diluted EPS (TTM)

-$41.24

Total Cash (MRQ)

$96.30M

Levered FCF (TTM)

$-42.77M

Turn research into action

Knowing a stock is strong is the start. Knowing how to invest in it when you spot good research is good returns.

Trend Following

Enter on trend. Cut losses fast.

Best for:

Active traders

Position Strategy

Ride market cycles. Patient hold.

Best for:

Patient investors

Swing Strategy

Buy support, sell on recovery.

Best for:

Risk-tolerant

Go deeper on SPRB

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Earnings Calendar

Next Earnings

Estimated Q3 Release

Nov 09

Est. EPS

Adjusted consensus estimate

-$5.39

Analyst Consensus

Buy

Based on 3 analyst ratings

Avg Target: $136.00

(+158.4% upside)

High: $150.00 · Low: $123.00

Strong Buy

0%

Buy

100%

Hold

0%

Sell

0%

Strong Sell

0%

View full analyst ratings