Belite Bio, Inc. Sponsored ADR BLTE

167.33 (2.11) (1.25%) as of 25 Sep
Market cap
$6.8B
P/E
0.0×

Insider Decisions

Total sells 40.54
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — 15 5 2 — 2 2
Insider Ownership 1.57%

Capital & Financial Ratios

Market Cap 6,820.00
Revenue —
Net Income (77.61)
Free Cash Flow (66.58)
Net Debt (492.42)
Current Ratio 33.56
Debt/Equity 0.00
P/E ratio 0.00
P/S ratio 0.00
P/B ratio 8.73
Past 5Y EPS Growth (777.09%)
This Y EPS Growth (37.66%)
Next Y EPS Growth 159.75%
Next 5Y EPS Growth 39.91%
in millions of $

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 88 145 492 —
Receivables 1 1 1 —
Inventory — — — —
Other — — — —
90 147 494 502
2023 2024 2025 Q'26
Payables — — — —
ST’ Debt — — — —
Other — — — —
4 6 10 15
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 164.79%

Revenue

Year
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — (27) (10) (37)
’24 — — (25) (5) (29)
’23 — — — (30) (30)
’22 — 0 0 (11) (11)
’21 — — — (7) (7)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — (27) (11) (37)
’24 — — (25) (5) (29)
’23 — — — (30) (30)
’22 — 0 0 (12) (12)
’21 — — — (8) (8)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.68) (0.70) — — —
’25 (0.45) (0.50) (0.65) (0.70) (2.31)
’24 (0.27) (0.31) (0.28) (0.32) (1.18)
’23 (0.33) (0.26) (0.40) (0.25) (1.19)
’22 — (0.12) (0.10) — (0.65)
’21 — — — — (1.01)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — — 8.80 11.00 31.01 49.00

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — — 44.70 46.70 86.53 169.75
High Price
— — — — — 12 16 20 25 23
Employees
— — — — — 0 0 0 0 0
Revenue/Emp
— — — — — — — — — —
Revenue
— — — — 0.00% 0.00% 0.00% — — —
Gross Margin
— — — — (6) (10) (13) (32) (36) (78)
EBT
— — — — 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBT Margin
— — — — (6) (10) (13) (32) (36) (78)
Net Income
— — — — 0 0 0 0 0 0
Depreciation
— — — — 0.00 0.00 0.00 0.00 0.00 0.00
Revenue/Sh
— — — — (0.65) (1.01) (0.65) (1.19) (1.18) (2.31)
Earnings/Sh
— — — — (0.51) (0.78) (0.57) (1.12) (0.96) (1.10)
Cash Flow/Sh
— — — — 0.00 (0.01) (0.02) 0.00 0.00 (0.01)
Capex/Sh
— — — — (0.51) (0.79) (0.59) (1.12) (0.96) (1.11)
Free CF/Sh
— — — — (0.80) (1.58) 2.08 3.40 4.78 22.97
Book Value/Sh
— — — — 9 10 20 27 31 34
Shares
— — — — — — — — — —
PE Ratio
— — — — — — — — — —
PS Ratio
— — — — — — — — — —
PB Ratio
— — — — — — — — — —
EV/Sales
— — — — — — — — — —
EV/FCF
— — — — (4) (7) (11) (30) (29) (37)
Op' Cash Flow
— — — — 0 0 0 0 0 0
Capex
— — — — (4) (8) (12) (30) (29) (37)
FCF
— — — — 25 16 41 86 141 484
Working Cap'
— — — — 32 32 1 — — —
Total Debt
— — — — (26) (17) (42) (88) (145) (492)
Net Debt
— — — — (7) (15) 42 90 146 770
Sh' Equity
— — — — 0.00% (43.85%) (40.40%) (45.54%) (29.29%) (16.64%)
ROA
— — — — 0.00% 0.00% 0.00% (870.38%) (3,719.87%) (18.93%)
ROIC
— — — — 0.00% 87.36% (95.79%) (47.95%) (30.60%) (16.94%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Belite Bio, Inc. Sponsored ADR (BLTE) key facts

  • Belite Bio, Inc. Sponsored ADR (BLTE) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
  • Belite Bio, Inc. Sponsored ADR reported a net loss of $77.6 million, or a loss of $2.31 per share, for fiscal 2025.
  • As of September 25, 2026, BLTE traded at $167.33, a market capitalization of $6.8 billion.
  • Return on equity was −16.9% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Belite Bio, Inc. Sponsored ADR (BLTE) Latest News

News by impact score

Fine-tune

8 Sep

4

Belite Bio submitted a New Drug Application to Japan's Ministry of Health, Labour, and Welfare under the Sakigake Designation System for Tinlarebant to treat Stargardt Disease Type 1. New Drug Application submission under Sakigake for lead candidate Tinlarebant marks major regulatory milestone with direct potential to alter company trajectory via Japan market entry.

3 Sep

4

Belite Bio wins FDA priority review for Tinlarebant in Stargardt Disease. FDA priority review for Tinlarebant accelerates potential approval and strengthens BLTE's commercial trajectory in rare disease treatment.

14 Aug

4

Belite Bio (BLTE) shares may be 21% undervalued following FDA priority review news on its lead drug candidate. FDA priority review accelerates potential approval timeline and materially lifts company valuation prospects.

4 transcript

Belite Bio's Q2 2026 earnings call highlighted FDA priority review for its lead candidate alongside a strong cash position to fund operations and development. FDA priority review designation accelerates approval timelines and can drive substantial gains in valuation and pipeline momentum.

13 Aug

3

Belite Bio reports Q2 earnings results and operational updates from its earnings call. Q2 earnings disclosure provides financial metrics that may shift short-term investor sentiment.

12 Aug

4

FDA grants priority review to Tinlarebant NDA, causing BLTE stock to rise. Priority FDA review shortens approval timeline for lead drug candidate and strengthens company prospects.

3

Belite Bio reports unaudited second quarter 2026 financial results and provides a corporate update. Quarterly financial results and corporate updates can influence investor sentiment and stock performance.

11 Aug

4

FDA accepts Belite Bio's New Drug Application for Tinlarebant in Stargardt Disease Type 1 and grants priority review. Priority review of Tinlarebant NDA marks major regulatory advance that can substantially lift approval odds and company valuation.

22 Jul

4

Belite Bio presented Tinlarebant data at a conference, pointing to new treatment prospects for retinal diseases. Tinlarebant data presentation signals major progress in core retinal disease program with potential to shift company trajectory.

20 Jul

4

Belite Bio will deliver an oral presentation at the ASRS Annual Meeting with additional positive secondary endpoint data from its Phase 3 Tinlarebant trial in Stargardt Disease Type 1. Positive Phase 3 data presentation for lead asset Tinlarebant can drive regulatory progress and materially lift BLTE valuation and sentiment.

9 Jul

4

Belite Bio seeks priority FDA review for Tinlarebant to treat Stargardt disease. Priority FDA review for lead asset Tinlarebant can accelerate approval path and materially shift company trajectory.

12 Jun

4

Belite Bio completed rolling submission of its NDA to the FDA for Tinlarebant to treat Stargardt Disease Type 1. NDA submission completion marks a key regulatory milestone that can materially advance Tinlarebant toward approval and lift BLTE valuation.

21 May

3 transcript

Belite Bio Inc (BLTE) reported Q1 2026 earnings call highlights focused on pipeline strategic advancements alongside increased operational expenses. Pipeline progress amid higher costs suggests moderately noticeable effects on financials and positioning without fundamental trajectory shifts.

20 May

3 transcript

Belite Bio Q1 earnings call highlighted financial results, clinical trial updates for its lead retinal disease candidates and cash position guidance. Quarterly earnings updates supply clinical and cash runway details that can moderately shift near-term sentiment for a development-stage biotech.

3 transcript

Belite Bio held its Q1 2026 earnings call covering quarterly financial results, operational updates and forward outlook. Quarterly earnings and guidance directly shape near-term investor views on BLTE.

3

Belite Bio reported unaudited first quarter 2026 financial results and issued a corporate update. Quarterly results and updates typically produce moderate short-term share price movement without altering long-term trajectory.

18 May

4

Belite Bio receives orphan drug status for Tinlarebant in Stargardt Disease in Switzerland. Orphan drug designation for Tinlarebant accelerates development and grants market exclusivity benefits in Switzerland for Stargardt disease.

3 May

4

Belite Bio advances Tinlarebant toward FDA approval via rolling NDA submission, prompting valuation review for BLTE amid positive clinical data and market potential. Rolling FDA NDA submission for Tinlarebant marks a major regulatory milestone that could significantly elevate BLTE's valuation and market trajectory.

1 May

5

Belite Bio (BLTE) initiates rolling NDA submission to FDA for Tinlarebant to treat STGD1. Initiating rolling NDA submission for Tinlarebant in STGD1 marks a pivotal regulatory milestone that could secure FDA approval and redefine Belite Bio's competitive position in ophthalmology.

28 Apr

5

Belite Bio presented Phase III data for tinlarebant in Stargardt disease and initiated FDA rolling submission at the Deutsche Bank Conference. Phase III data readout and FDA rolling submission for tinlarebant fundamentally advance Belite Bio toward potential approval and commercialization in Stargardt disease.

24 Apr

4

Belite Bio (BLTE) initiated a rolling FDA New Drug Application submission for Tinlarebant, shifting its investment narrative from early-stage biotech risks to near-term commercialization potential. Rolling NDA submission advances Tinlarebant toward approval, significantly elevating BLTE's regulatory prospects and investor appeal.

21 Apr

4

Belite Bio, Inc. (BLTE) initiated rolling submission of its New Drug Application to the U.S. FDA for Tinlarebant to treat Stargardt Disease. Initiating rolling NDA submission marks a pivotal step toward potential FDA approval and commercialization of Tinlarebant for Stargardt Disease.

10 Mar

5

Belite Bio announced positive topline results from the Phase 3 DRAGON trial of tinlarebant, demonstrating a 36% reduction in lesion growth for Stargardt disease patients, detailed at a medical conference. Phase 3 trial success for tinlarebant fundamentally advances Belite Bio toward regulatory approval and commercialization in Stargardt disease.

4 Mar

4

Cantor Fitzgerald raised its price target for Belite Bio, Inc. Sponsored ADR (BLTE) to $266 from $200. The 33% price target hike by Cantor Fitzgerald signals strong bullish outlook, likely boosting investor sentiment and BLTE's market performance significantly.

3 Mar

5

Belite Bio, Inc. Sponsored ADR (BLTE) advances Tinlarebant toward FDA review after successful DRAGON trial. DRAGON trial success propels Tinlarebant to FDA review, redefining BLTE's competitive position and long-term prospects.

4 transcript

Belite Bio (BLTE) Q4 2025 Earnings Call Transcript released, detailing financial results, pipeline progress, and strategic outlook. Q4 2025 earnings transcript discloses financial performance, clinical updates, and guidance that could significantly sway BLTE's stock trajectory and investor sentiment.

3

Belite Bio Inc (BLTE) showcased strategic advances in its clinical pipeline during Q4 2025 earnings call, including progress on lead candidate tinlarebant for Stargardt disease and geographic atrophy, while facing financial challenges with increased R&D expenses and cash burn. Strategic pipeline progress balanced by elevated R&D costs and cash burn suggests moderately noticeable effects on financials and investor sentiment.

2 Mar

3

Belite Bio reported Q4 2023 net loss of $8.9 million on $7.8 million R&D expenses, ended year with $127.5 million cash runway into 2026. Tinlarebant Phase 2b Mindy study for geographic atrophy fully enrolled with data H2 2024; Phase 3 for Stargardt disease to start H2 2024. No revenue; focuses on retinal diseases pipeline. Pipeline progress with Phase 3 start and sufficient cash supports moderate operational continuity amid ongoing losses.

3

Belite Bio, Inc. (BLTE) released preliminary unaudited financial results for Q4 and full year 2025, alongside a corporate update. Preliminary financial results and corporate update will moderately influence BLTE's financial performance and investor sentiment.

29 Jan

3

Belite Bio, Inc. announced its participation in the 41st Asia-Pacific Academy of Ophthalmology Congress (APAO), highlighting its commitment to advancing ophthalmic research and innovation. The event will provide a platform for the company to showcase its latest developments and engage with industry leaders and experts in the field. Participation in a significant ophthalmology congress may enhance visibility and networking opportunities, potentially influencing future collaborations and innovations.

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