Upstream Bio Inc
UPB
NASDAQ
Biotechnology
$7.07
USD
+0.16 (+2.32%)
At close: Aug 14, 2026, 4:00 PM EDT
Market Cap $397.81M
Volume 688.2K
About Upstream Bio Inc
Upstream Bio, Inc. is a clinical-stage biotechnology company, which engages in the development of treatments for inflammatory diseases, with an initial focus on severe respiratory disorders. The company is headquartered in Waltham, Massachusetts and currently employs 75 full-time employees. The company went IPO on 2024-10-11. The firm is developing verekitug, the only known antagonist in clinical development, that targets the receptor for thymic stromal lymphopoietin (TSLP), a cytokine which is a clinically validated driver of inflammatory response positioned upstream of multiple signaling cascades that affect a variety of immune mediated diseases. The company has advanced this highly potent monoclonal antibody into separate phase II trials for the treatment of severe asthma and chronic rhinosinusitis with nasal polyps and plans to initiate development in chronic obstructive pulmonary disease. TSLP is a member of a class of epithelial cytokines, also including IL-25 and IL-33, commonly referred to as alarmins. TSLP is primarily produced by epithelial cells, especially in the lung, gastrointestinal tract and skin.
CEO
Dr. E. Rand Sutherland
HQ
Waltham, MASSACHUSETTS, US
Founded
2024
Employees
75
Quantli Score
8.4
Outperform
Fin. Health
8.1
Profitability
7.6
Growth
9.0
Cash-Flow Q.
8.8
Key Metrics
5 metrics our research team weighs before forming a view on UPB.
Based on Quantli research · SEC filings · as of Q2 2026
METRIC
VALUE
CHANGE
TREND (3Y)
Gross Margin (TTM)
100.0%
—
Operating Margin (TTM)
-5382.6%
—
Net Margin (TTM)
-4955.7%
—
ROE (TTM)
-57.8%
—
Free Cash Flow (TTM)
$-136.46M
—
Financial Snapshot
Revenue
$3.16M
— YoY
Gross Margin
100%
TTM
— YoY
Net Income
$-156.50M
— YoY
Operating Cash Flow
$-136.34M
— YoY
Key Statistics
Open
$6.95
Previous Close
$6.91
Day Range
$6.80 - $7.14
52 Week Range
$5.85 - $33.68
Volume
688.2K
Average Volume (10 Days)
690.0K
Dividend Yield
—
Valuation Measurement
Market Cap
$397.81M
P/E Ratio (TTM)
—
P/S Ratio (TTM)
125.97
Price / Book
1.47
Financial Highlights
Profit Margin
-4955.7%
Return on Assets
-55.7%
Return on Equity
-57.8%
Revenue (TTM)
$3.16M
Net Income (TTM)
$-156.50M
Diluted EPS (TTM)
-$2.89
Total Cash (MRQ)
$79.40M
Levered FCF (TTM)
$-136.46M
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.
Earnings Calendar
Next Earnings
Estimated Q3 Release
Nov 03
Est. EPS
Adjusted consensus estimate
-$0.71
Analyst Consensus
Based on 2 analyst ratings
Avg Target: $22.00
(+211.2% upside)
High: $36.00 · Low: $8.00
Strong Buy
0%
Buy
50%
Hold
50%
Sell
0%
Strong Sell
0%