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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

Price (USD)
Price (USD)

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

Full Financials

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.

Swing Strategy

Buy support, sell on recovery.

Best for:

Risk-tolerant

Trend Following

Enter on trend. Cut losses fast.

Best for:

Active traders

Position Strategy

Ride market cycles. Patient hold.

Best for:

Patient investors

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Earnings Calendar

Next Earnings

Estimated Q3 Release

Nov 03

Est. EPS

Adjusted consensus estimate

-$0.71

Analyst Consensus

Hold

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%

View full analyst ratings