Spyre Therapeutics, Inc. SYRE

85.69 (1.40) (1.61%) as of 25 Sep
Market cap
$7.7B
P/E
0.0×

Insider Decisions

Total sells 436.71
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — 1 1 1 1 2 3 4 6 3 3 3
Insider Ownership 6.75%

Capital & Financial Ratios

Market Cap 7,680.00
Revenue 1.05
Net Income (178.92)
Free Cash Flow (208.94)
Net Debt (1,145.35)
Current Ratio 18.53
Debt/Equity 0.00
P/E ratio 0.00
P/S ratio 6,931.86
P/B ratio 7.65
Past 5Y EPS Growth 44.65%
This Y EPS Growth (38.32%)
Next Y EPS Growth (31.73%)
Next 5Y EPS Growth (28.76%)
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 339 603 757 1,145
Receivables — — — —
Inventory — — — —
Other — — — —
342 608 778 1,173
2023 2024 2025 Q'26
Payables 1 1 9 6
ST’ Debt — — — —
Other 1 25 23 31
32 54 59 63
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — (28.15%) (38.92%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 34.80% 38.60% 142.26%

Revenue

Mar Jun Sep Dec Year
’26 — — — — —
’23 0 1 — 0 1
’22 1 1 0 0 2
’21 — 14 1 4 19
’18 2 2 — — 4
’17 1 1 1 1 5
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (57) (70) — — —
’25 (41) (47) (37) (45) (169)
’24 (29) (62) (29) (37) (157)
’23 (18) (17) (35) (31) (100)
’22 (26) (21) (15) (18) (80)
’21 (20) 2 (17) (19) (54)
’20 (22) (19) (18) (17) (76)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (57) (70) — — —
’25 (41) (47) (37) (45) (169)
’24 (29) (62) (29) (37) (157)
’23 (18) (16) (35) (31) (99)
’22 (26) (21) (15) (18) (80)
’21 (20) 2 (17) (19) (54)
’20 (23) (21) (18) (18) (80)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.74) (0.36) — — —
’25 (0.74) (0.49) (0.15) (0.89) (1.98)
’24 (1.20) (0.86) (1.36) (1.01) (4.42)
’23 (5.00) (56.75) (9.34) (4.05) (49.12)
’22 (9.25) (6.75) (4.75) (4.50) (24.75)
’21 (7.00) (2.50) (7.75) (7.75) (25.00)
’20 (14.25) (10.00) (7.25) (8.50) (38.00)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.2
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
97.25 70.25 123.75 149.75 87.50 86.75 8.50 2.65 18.54 10.91

Analyst estimates 2026–2028

Powerpack
Low Price
318.75 203.50 300.00 236.25 284.50 219.75 120.75 24.00 47.97 35.31
High Price
30 43 61 76 90 101 69 30 65 102
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
5 5 4 — — 19 2 1 — —
Revenue
100.00% 100.00% 100.00% 0.00% 0.00% 100.00% 100.00% 100.00% — —
Gross Margin
(22) (27) (44) (78) (81) (66) (84) (339) (208) (155)
EBT
(468.84%) (523.27%) (1,140.64%) 0.00% 0.00% (350.39%) (3,604.59%) (38,241.08%) 0.00% 0.00%
EBT Margin
(22) (27) (44) (78) (81) (66) (84) (339) (208) (155)
Net Income
0 0 0 0 1 3 2 1 (11) —
Depreciation
11.82 8.60 4.67 0.00 0.00 7.13 0.69 0.13 0.00 0.00
Revenue/Sh
(55.50) (45.00) (53.25) (61.25) (38.00) (25.00) (24.75) (49.12) (4.42) (1.98)
Earnings/Sh
(48.10) (40.68) (38.65) (51.40) (35.49) (20.43) (23.77) (14.49) (3.35) (2.64)
Cash Flow/Sh
(0.54) (1.02) (0.51) (1.17) (2.00) (0.22) (0.01) 0.07 0.00 0.00
Capex/Sh
(48.64) (41.70) (39.16) (52.57) (37.50) (20.64) (23.79) (14.42) (3.35) (2.64)
Free CF/Sh
160.75 83.19 80.96 47.01 65.50 31.92 14.92 26.68 11.01 11.17
Book Value/Sh
0 1 1 1 2 3 3 7 47 64
Shares
0.00 0.00 0.00 — — 0.00 0.00 0.00 — —
PE Ratio
9.67 15.64 23.52 — — 14.79 15.24 140.04 — —
PS Ratio
0.71 1.62 2.31 — — 3.72 0.71 0.00 — —
PB Ratio
(4.05) 5.97 12.28 — — 10.38 (8.68) (181.86) — —
EV/Sales
0.98 (1.23) (2.50) — — (4.04) 0.25 1.93 — —
EV/FCF
(19) (25) (32) (66) (76) (54) (80) (100) (157) (169)
Op' Cash Flow
0 (1) 0 (1) (4) (1) 0 0 — —
Capex
(19) (25) (33) (67) (80) (54) (80) (99) (157) (169)
FCF
62 49 66 56 133 79 48 310 554 719
Working Cap'
— — — 5 6 5 5 — — —
Total Debt
(64) (50) (75) (72) (146) (93) (56) (339) (603) (757)
Net Debt
63 50 67 60 140 84 50 184 518 715
Sh' Equity
(41.05%) (44.24%) (66.28%) (97.26%) (66.09%) (48.46%) (92.58%) (164.06%) (43.78%) (22.39%)
ROA
0.00% (45,519.74%) 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC
(106.47%) (48.08%) (75.32%) (122.74%) (80.93%) (58.81%) (124.87%) (1,371.79%) (115.22%) (33.69%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2023 · latest quarter Dec 2023

Spyre Therapeutics, Inc. (SYRE) key facts

  • Spyre Therapeutics, Inc. (SYRE) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
  • Spyre Therapeutics, Inc.’s revenue for fiscal 2023 (year ended December 2023) was $886,000.00, down 62.0% from fiscal 2022.
  • As of September 25, 2026, SYRE traded at $85.69, a market capitalization of $7.7 billion.
  • Return on equity was −33.7% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Spyre Therapeutics, Inc. (SYRE) Latest News

News by impact score

Fine-tune

22 Sep

4

Spyre Therapeutics reported positive 12-week induction data from Part A of Phase 2 SKYLINE for SPY003, its anti-IL-23 therapy for ulcerative colitis, with management signaling clinical and biological proof-of-concept across all three immunology mechanisms in its IBD portfolio. The readout came from a cohort including 41% advanced-therapy-experienced patients and relatively high baseline disease scores, strengthening the case for IL-23 as a core pillar and supporting potential six-agent, multi-combination strategies in UC. The results also imply broader portfolio validation, including a4β7 and TL1A pathways. SKYLINE Part B has begun enrolling, with topline induction data expected in 2027 across two monotherapy doses and three high-dose combinations. Spyre is valued around $8 billion and faces competition from larger clinical-stage peers in immune-driven disorders. Phase 2 results provide clinical proof-of-concept across IL-23 and other targets, enabling broader development and potential combinations.

17 Sep

4

Spyre Therapeutics cleared the monotherapy phase for its IBD portfolio and is preparing for combination tests. Clearing monotherapy advances Spyre's IBD portfolio to combination testing, a key clinical step likely to shift trajectory and sentiment.

10 Sep

3

Spyre Therapeutics reports endoscopic improvement for SPY003 while questioning confirmation via randomized testing. SPY003 endoscopic data may shift near-term sentiment on pipeline progress but remains unconfirmed by randomized trials.

9 Sep

4

Spyre Therapeutics anti-IL-23 antibody met its primary goal in an ulcerative colitis study. Positive phase data on core pipeline asset can drive major valuation gains and accelerate development.

8 Sep

4

Spyre Therapeutics announced positive Part A induction results from the SKYLINE trial for SPY003 anti-IL-23, showing potential best-in-class profile and completing proof-of-concept for all three components of its IBD combination therapies. Positive trial data for SPY003 advances Spyre's IBD pipeline and competitive positioning.

31 Aug

4

Spyre Therapeutics stock fell 13% on weakness in its least effective program, but results from its strongest program proved successful. Positive data from leading program can materially lift pipeline value and reverse negative sentiment.

26 Aug

4

Spyre Therapeutics stock declined after mixed SKYWAY study data in rheumatoid arthritis. Mixed rheumatoid arthritis trial results triggered stock decline and signal development setbacks.

4

Spyre Therapeutics shares tumbled after its immune drug missed primary endpoints in a rheumatoid arthritis trial. Lead drug failure in rheumatoid arthritis directly undermines pipeline value and triggers sustained negative market reaction.

25 Aug

4

Spyre Therapeutics announced topline results from the rheumatoid arthritis sub-study of the SKYWAY Phase 2 trial of SPY072. Positive phase 2 topline data for SPY072 in rheumatoid arthritis sub-study can substantially advance Spyre's pipeline and shift market trajectory.

24 Aug

4

SYRE surged 44.9% over three months. Sustainability of the gain hinges on upcoming clinical catalysts for Spyre Therapeutics. Clinical catalysts can significantly shift Spyre Therapeutics' trajectory and investor sentiment.

3

Clinical catalysts for Spyre Therapeutics may drive SYRE value but clash with valuation risks in buy assessments. Clinical trial progress and valuation metrics can moderately shift SYRE trajectory and sentiment without guaranteed fundamental overhaul.

3

Spyre Therapeutics explores whether its SPY772 HS study can expand growth beyond core IBD focus. SPY772 HS study signals potential pipeline expansion beyond IBD.

19 Aug

4

Spyre Therapeutics (SYRE) stock rose nearly 600% over the past year. Six-hundred-percent stock gains reflect major positive developments that can reshape investor sentiment and company trajectory.

9 Aug

4

Spyre Therapeutics positive Phase 2 data raises questions over justification of its premium valuation. Positive Phase 2 data signals major pipeline progress likely to shift company trajectory and investor sentiment.

5 Aug

3

Spyre Therapeutics posted a narrower-than-expected Q2 loss and reported pipeline progress. Narrower Q2 loss and pipeline progress signal positive financial results and ongoing development for the company.

4 Aug

3

Spyre Therapeutics reported second quarter 2026 financial results and provided a corporate update. Quarterly financial results and corporate updates inform investors on performance and plans.

29 Jun

3

Spyre Therapeutics stock outlook depends on catalysts from clinical studies expected in 2026. 2026 study results may affect company trajectory but remain distant and balanced by other factors.

18 Jun

4

cAMPfield, linked to Spyre Therapeutics (SYRE), secures $180 million in funding to advance development of drugs targeting gut diseases. $180 million funding round supplies major capital to accelerate Spyre's core gut disease pipeline and extend clinical runway.

15 Jun

4

Spyre Therapeutics announced potential best-in-class Part A induction results for SPY002 (anti-TL1A) from the SKYLINE trial in moderate-to-severe ulcerative colitis patients. Positive Phase 2 induction data on lead anti-TL1A candidate directly boosts pipeline value and future revenue prospects in a major indication.

4 Jun

3

Spyre Therapeutics completed enrollment in SKYWAY Basket Study on SPY072, resulting in stock price increase. Clinical enrollment completion signals development progress with moderate effect on near-term sentiment but no immediate fundamental shift.

3 Jun

3

Spyre Therapeutics completed enrollment in SKYWAY Basket Trial evaluating SPY072 anti-TL1A in rheumatoid arthritis, psoriatic arthritis, and axial spondyloarthritis. Enrollment completion advances SPY072 development toward future data readouts across multiple autoimmune indications.

17 May

4

Spyre Therapeutics faces an FDA catalyst on June 30. A fund has cut its stake in the company by $7 million. June 30 FDA catalyst represents major regulatory event likely to shift company trajectory and investor sentiment.

4

Spyre Therapeutics stock surged 60% on advancing phase 3 plans for its obesity drug while a fund sold $4.7 million in shares. Phase 3 advancement for obesity drug marks major strategic progress that can materially shift company trajectory and sentiment.

5 May

4

Spyre Therapeutics, Inc. (SYRE) reported first quarter 2026 financial results and provided a corporate update. Quarterly financial results and corporate updates signal key progress on pipeline and finances, likely driving significant shifts in market performance and investor sentiment.

1 May

5

Spyre Therapeutics (SYRE) stock rose 7.5% after releasing positive SKYLINE data and completing a $463.5 million capital raise. Positive SKYLINE data validates the pipeline while $463.5 million raise provides transformative funding for future development and growth.

23 Apr

3

Raymond James provides its analysis and outlook on Spyre Therapeutics Inc (SYRE). Raymond James analyst commentary could moderately influence investor sentiment and SYRE stock performance.

19 Apr

4

Spyre Therapeutics (SYRE) stock climbs 42% as its treatment candidate demonstrates ‘best-in-class’ potential. Stock surged 42% on best-in-class treatment candidate potential, indicating significant boost to market performance and competitive positioning.

16 Apr

5

Spyre Therapeutics, Inc. closed a public offering with underwriters fully exercising their option to purchase additional shares, generating gross proceeds of $463.5 million. Securing $463.5 million in gross proceeds via public offering fundamentally bolsters Spyre Therapeutics' financial runway for pipeline advancement and long-term growth.

4

Spyre Therapeutics (SYRE) shares surged 32.7% after raising $403 million in equity, fueled by positive Phase 2 clinical data. Positive Phase 2 data and $403 million equity raise provide major funding for pipeline advancement and boost investor sentiment.

14 Apr

4

Spyre Therapeutics, Inc. (SYRE) priced an upsized $403.0 million public offering of 10.075 million shares of common stock at $40.00 per share, expecting $380.1 million in gross proceeds before expenses. The upsized $403 million capital raise provides significant funding to advance clinical programs and extend runway, substantially boosting future growth and investor confidence.

stockrow.com/SYRE · Data as of Dec 31, 2023 · For information only; not investment advice. · © 2026 stockrow.com