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Tectonic Therapeutic Inc

TECX

NASDAQ

Biotechnology

$34.91

USD

+0.93 (+2.74%)

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

Market Cap $685.01M

Volume 84.2K

Price (USD)
Price (USD)

About Tectonic Therapeutic Inc

Tectonic Therapeutic, Inc. is a clinical-stage biotechnology company, which engages in the discovery and development of therapeutic proteins and antibodies that modulate the activity of G protein-coupled receptors (GPCR). The company is headquartered in Watertown, Massachusetts and currently employs 60 full-time employees. The company went IPO on 2018-06-21. The firm is focused on the discovery and development of therapeutic proteins and antibodies that modulate the activity of G-protein coupled receptors (GPCRs). Its technology platform called GEODe (GPCRs Engineered for Optimal Discovery), is focused on developing biologic medicines that overcome the existing challenges of GPCR-targeted drug discovery and harness the human body to modify the course of disease. Its product candidates are TX45, a Fc-relaxin fusion molecule that activates the RXFP1 receptor, the GPCR target of the hormone relaxin. Its second development candidate, TX2100, is a VHH-Fc fusion antagonist antibody that binds to the APJ receptor (APLNR), also known as the apelin receptor. Its APJ is a differentiated approach for the treatment of hereditary hemorrhagic telangiectasia (HHT) and is a selective anti-angiogenic target that is primarily expressed in endothelial cells.

CEO

Dr. Alise Reicin

HQ

Watertown, MASSACHUSETTS, US

Founded

2018

Employees

60

Key Metrics

2 metrics our research team weighs before forming a view on TECX.

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

METRIC

VALUE

CHANGE

TREND (3Y)

ROE (TTM)

-38.3%

-15.1 pp

Free Cash Flow (TTM)

$-72.42M

Financial Snapshot

Full Financials

Revenue

$0

YoY

Gross Margin

YoY

Net Income

$-85.79M

-30.0%

YoY

Operating Cash Flow

$-72.14M

-12.3%

YoY

Key Statistics

Open

$33.63

Previous Close

$33.98

Day Range

$33.32 - $35.02

52 Week Range

$14.39 - $39.53

Volume

84.2K

Average Volume (10 Days)

210.0K

Dividend Yield

Valuation Measurement

Market Cap

$685.01M

P/E Ratio (TTM)

Price / Book

3.06

Financial Highlights

Return on Assets

-36.2%

Return on Equity

-38.3%

Revenue (TTM)

$0

Net Income (TTM)

$-85.79M

Diluted EPS (TTM)

-$4.57

Total Cash (MRQ)

$227.07M

Levered FCF (TTM)

$-72.42M

Turn research into action

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Swing Strategy

Buy support, sell on recovery.

Best for:

Risk-tolerant

Position Strategy

Ride market cycles. Patient hold.

Best for:

Patient investors

Trend Following

Enter on trend. Cut losses fast.

Best for:

Active traders

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Earnings Calendar

Next Earnings

Estimated Q3 Release

Nov 04

Est. EPS

Adjusted consensus estimate

-$1.38

Analyst Consensus

Strong Buy

Based on 1 analyst ratings

Avg Target: $81.00

(+132.0% upside)

High: $81.00 · Low: $81.00

Strong Buy

100%

Buy

0%

Hold

0%

Sell

0%

Strong Sell

0%

View full analyst ratings