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
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
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
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Earnings Calendar
Next Earnings
Estimated Q3 Release
Nov 04
Est. EPS
Adjusted consensus estimate
-$1.38
Analyst Consensus
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%