Tectonic Therapeutic, Inc. TECX
- Market cap
- $471.5M
- P/E
- 0.0×
Follow TECX
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | 171.48 | 142.20 | 117.12 | 38.04 | 6.72 | 6.84 | 1.40 | 13.70 |
Analyst estimates 2026–2028 Powerpack |
Low Price
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| — | — | 644.40 | 342.24 | 351.84 | 240.84 | 49.80 | 23.16 | 53.41 | 61.07 |
High Price
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| — | 34 | 49 | 85 | 121 | 122 | 78 | 13 | 51 | 60 |
Employees
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| — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
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| — | — | — | — | — | — | — | — | — | — | Revenue | |||
| — | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | — | — | — |
Gross Margin
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| (5) | (19) | (46) | (73) | (120) | (119) | (106) | (43) | (58) | (73) |
EBT
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| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EBT Margin
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| (5) | (19) | (46) | (73) | (120) | (119) | (106) | (43) | (58) | (74) |
Net Income
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| — | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 1 |
Depreciation
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| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Revenue/Sh
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| (2.29) | (8.34) | (3.62) | (2.66) | (3.31) | (2.78) | (2.42) | (33.75) | (6.83) | (4.05) |
Earnings/Sh
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| (1.63) | (7.33) | (2.80) | (2.47) | (2.73) | (2.29) | (2.22) | (32.06) | (6.96) | (3.28) |
Cash Flow/Sh
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| 0.00 | (0.17) | (0.14) | (0.06) | (0.03) | (0.06) | (0.01) | (0.22) | (0.02) | (0.01) |
Capex/Sh
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| (1.63) | (7.50) | (2.94) | (2.52) | (2.76) | (2.34) | (2.23) | (32.28) | (6.98) | (3.29) |
Free CF/Sh
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| (2.25) | (10.35) | 9.09 | 6.78 | 7.02 | 3.95 | 1.72 | (66.69) | 16.58 | 13.72 |
Book Value/Sh
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| 2 | 2 | 13 | 27 | 36 | 43 | 44 | 1 | 8 | 18 |
Shares
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| — | — | — | — | — | — | — | — | — | — | PE Ratio | |||
| — | — | — | — | — | — | — | — | — | — | PS Ratio | |||
| — | — | — | — | — | — | — | — | — | — | PB Ratio | |||
| — | — | — | — | — | — | — | — | — | — | EV/Sales | |||
| — | — | — | — | — | — | — | — | — | — | EV/FCF | |||
| (3) | (16) | (38) | (68) | (99) | (98) | (97) | (41) | (59) | (60) |
Op' Cash Flow
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| — | 0 | (2) | (2) | (1) | (2) | 0 | 0 | 0 | 0 |
Capex
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| (3) | (17) | (39) | (69) | (100) | (100) | (97) | (41) | (59) | (60) |
FCF
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| 4 | 4 | 119 | 182 | 251 | 180 | 87 | (10) | 135 | 248 |
Working Cap'
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| — | — | — | — | — | 15 | 15 | 1 | 0 | 0 |
Total Debt
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| (5) | (6) | (126) | (187) | (260) | (175) | (78) | (28) | (141) | (254) |
Net Debt
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| (5) | (23) | 122 | 186 | 254 | 169 | 75 | (85) | 141 | 251 |
Sh' Equity
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| (80.00%) | (301.61%) | (69.19%) | (43.69%) | (50.75%) | (50.15%) | (68.81%) | (59.75%) | (60.30%) | (35.83%) |
ROA
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| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ROIC
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| 35.86% | 135.19% | (98.14%) | (47.35%) | (54.37%) | (56.22%) | (86.50%) | 924.30% | (206.56%) | (37.82%) |
ROE
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Tectonic Therapeutic, Inc. peers in Biotechnology
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| CTNM Contineum Therapeutics, Inc. | $469.9M | 0.0× | Compare |
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| ENTX Entera Bio Ltd. | $486.7M | 0.0× | Compare |
| OVID Ovid Therapeutics | $487.3M | 0.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| RGNX REGENXBIO Inc. | $487.8M | 0.0× | Compare |
| CYPH Cypherpunk Technologies Inc. | $440.8M | 7.0× | Compare |
| PBYI Puma Biotechnology, Inc. | $506.9M | 18.1× | Compare |
| CAPR Capricor Therapeutics, Inc. | $508.7M | 0.0× | Compare |
Tectonic Therapeutic, Inc. (TECX) key facts
- Tectonic Therapeutic, Inc. (TECX) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
- As of September 25, 2026, TECX traded at $23.67, a market capitalization of $471.5 million.
- Return on equity was −37.8% and debt-to-equity 0.00.
Tectonic Therapeutic, Inc. (TECX) Latest News
10 Sep
Tectonic Therapeutic cleared two clinical trial hurdles while retaining ample cash reserves. Trial clearances advance the development pipeline and strengthen future prospects.
6 Aug
Tectonic Therapeutic announced its second quarter 2026 financial results and recent business highlights. Quarterly financial results and business updates provide data on performance but do not indicate transformative shifts.
10 Jun
Tectonic Therapeutic completed enrollment in the TX45 APEX Phase 2 clinical trial for PH-HFpEF patients. Phase 2 enrollment completion advances TECX pipeline development and may lift near-term sentiment without ensuring later success.
7 May
Tectonic Therapeutic, Inc. (TECX) announced first quarter 2026 financial results and recent business highlights. Q1 2026 financial results and business highlights moderately influence financial performance and investor sentiment.
1 May
Tectonic Therapeutic, Inc. (TECX) is highlighted as one of the top-scoring stocks by TipRanks, earning a 'Perfect 10' rating. This recognition reflects strong endorsements from Wall Street analysts, indicating positive sentiment and confidence in the company's future performance. The article emphasizes the significance of such ratings in guiding investors towards promising investment opportunities. Strong endorsements from analysts suggest significant potential for future performance and investor sentiment.
Tectonic Therapeutic (NASDAQ:TECX) is well-positioned to execute its growth plans. Favorable outlook on growth execution moderately enhances market sentiment and operational trajectory.
26 Feb
Tectonic Therapeutic, Inc. (TECX) announced fourth quarter and full year 2025 financial results and recent business highlights. Financial results and business highlights signal operational progress and influence investor sentiment on pipeline and growth prospects.
25 Feb
Tectonic Therapeutic begins first-in-human Phase 1 dosing of TX2100 for hereditary hemorrhagic telangiectasia (HHT), spotlighting the program as a key advancement in its pipeline. Initiating first-in-human Phase 1 dosing for TX2100 in HHT advances Tectonic Therapeutic's pipeline into clinical stage, likely boosting investor sentiment and stock performance.
23 Feb
Tectonic Therapeutic, Inc. (TECX) appointed François Nader, M.D., as Chair and Independent Director of the Board, bringing his extensive biopharmaceutical experience from roles at Novartis, Transgene, and others to guide the company's AI-driven therapeutic development. Appointing an experienced biopharma executive as Chair bolsters strategic leadership and governance, potentially influencing key decisions without fundamentally altering operations.
14 Feb
Daniel Lochner has increased his stake in Tectonic Therapeutic, Inc. (TECX) by purchasing 70% more shares, signaling strong confidence in the company's future prospects. This significant acquisition may influence market perception and investor sentiment regarding TECX. Increased insider ownership can positively affect market sentiment and investor confidence, but the overall impact on the company's trajectory remains limited.
11 Feb
Tectonic Therapeutic, Inc. (TECX) will host a virtual Key Opinion Leader (KOL) event on February 24, 2026, to discuss TX2100, a novel treatment approach for Hereditary Hemorrhagic Telangiectasia. The event aims to provide insights into the drug's potential and its implications for patients suffering from this condition. The discussion of TX2100 represents a significant strategic move that could impact Tectonic's market position and investor sentiment.
10 Dec
LifeSci Capital has reiterated its 'Buy' rating for Tectonic Therapeutic, Inc. (TECX), indicating confidence in the company's potential for growth and performance in the market. This endorsement suggests that analysts believe TECX is well-positioned for future success, likely due to its ongoing projects and strategic direction. Analyst endorsements can significantly influence investor sentiment and market performance.
22 Nov
Tectonic Therapeutic, Inc. (TECX) is positioned for growth with a strong pipeline of drug candidates and strategic partnerships. The company focuses on developing innovative therapies for patients with unmet medical needs, particularly in the field of neurology. Recent advancements and collaborations are expected to enhance its market presence and drive future revenue. Investors are optimistic about the company's potential to deliver on its growth plans, supported by a solid financial foundation and a commitment to research and development. Significant strategic moves and a strong pipeline indicate a likely impact on future performance.
6 Nov
Tectonic Therapeutic, Inc. (TECX) reported its financial results for the third quarter of 2025, highlighting key business developments. The company showcased advancements in its product pipeline and strategic initiatives aimed at enhancing market presence. Financial metrics indicated growth, reflecting the company's ongoing efforts to innovate and expand its operations. Management expressed optimism about future prospects and outlined plans for upcoming projects and collaborations. Significant advancements in the product pipeline and strategic initiatives are likely to impact the company's future performance and market positioning.
29 Oct
Tectonic Therapeutic, Inc. announced positive topline data from its Phase 1b Part B clinical trial for TX45, targeting patients with Group 2 pulmonary hypertension associated with heart failure with reduced ejection fraction (HFrEF). The trial results indicate promising efficacy and safety profiles for TX45, potentially positioning it as a significant treatment option in this therapeutic area. The company plans to advance further development based on these findings. Positive trial results for TX45 could significantly impact Tectonic Therapeutic's future product offerings and market position.
12 Oct
Insiders at Tectonic Therapeutic, Inc. have purchased a substantial amount of stock, totaling US$61.2 million. This significant investment by company executives suggests strong confidence in the firm's future prospects and may positively influence market sentiment. Insider buying of this magnitude typically indicates strong confidence in the company's future performance and can significantly impact investor sentiment.
7 Aug
Tectonic Therapeutic, Inc. (TECX) reported its financial results for the second quarter of 2025, highlighting key business developments. The company showcased progress in its clinical programs and strategic initiatives aimed at enhancing its market position. Financial metrics indicated growth, reflecting the company's ongoing efforts to innovate and expand its product pipeline. Management expressed optimism about future prospects and outlined plans for upcoming milestones. Significant advancements in clinical programs and strategic initiatives are likely to influence the company's future performance and market sentiment.
30 Jun
Tectonic Therapeutic, Inc. (NASDAQ: TECX) has been added to the Russell 3000® Index following the 2025 Russell US Indexes annual reconstitution, effective June 30, 2025. This inclusion is based on market capitalization rankings and will last for one year, automatically placing Tectonic in either the large-cap Russell 1000® Index or small-cap Russell 2000® Index. Tectonic focuses on developing therapeutic proteins and antibodies targeting G-protein coupled receptors (GPCRs) to address significant unmet medical needs. Inclusion in the Russell 3000® Index may enhance visibility and investor sentiment, positively impacting market performance.
24 Jun
Raymond James resumed coverage of Tectonic Therapeutic, Inc. (NASDAQ:TECX) with an Outperform rating and a $76 price target, highlighting the attractive risk-reward proposition of its lead asset, TX45, in a favorable biotech landscape. The ongoing Phase 2 trial targets a high unmet need indication, aligning with relaxin’s multi-modal mechanism of action. While acknowledging TECX's potential, the firm suggests that certain AI stocks may offer greater upside with less downside risk. The coverage resumption and positive outlook on TX45 indicate significant potential for Tectonic Therapeutic's future performance.
15 Jun
Tectonic Therapeutic (NASDAQ:TECX) has a cash runway of approximately 4.9 years, with US$306 million in cash and a cash burn of US$63 million over the last year. Despite not generating revenue, the company's cash burn increased by 61%, raising concerns about sustainability. However, its market capitalization of US$409 million suggests it could raise additional funds without significant difficulty, albeit with potential dilution. Overall, while the increasing cash burn warrants attention, the company's cash position is relatively strong. The increasing cash burn and lack of revenue may moderately influence Tectonic Therapeutic's financial performance and growth trajectory.
17 May
Tectonic Therapeutic, Inc. announced positive results from its Phase 1b clinical trial of TX45 for Group 2 Pulmonary Hypertension in Heart Failure with preserved Ejection Fraction (PH-HFpEF). The trial confirmed TX45's tolerability and demonstrated significant improvements in left ventricular function and pulmonary hemodynamics, including a 19% reduction in pulmonary capillary wedge pressure and over 30% reduction in pulmonary vascular resistance in more severe cases. The treatment showed sustained hemodynamic effects for 29 days post-administration. Tectonic plans to present topline data from Part B of the trial in patients with Heart Failure with reduced Ejection Fraction later in 2025. Positive trial results for TX45 could significantly enhance Tectonic's market position and investor sentiment in a high-need therapeutic area.
8 May
Tectonic Therapeutic, Inc. (TECX) reported its financial results for the first quarter of 2025, highlighting key business developments. The company showcased progress in its clinical programs and strategic initiatives aimed at enhancing its market position. Financial metrics indicated growth, reflecting the company's ongoing efforts to advance its therapeutic pipeline and operational capabilities. The financial results and business highlights suggest a moderate influence on Tectonic's performance and market perception, but the overall impact is expected to be balanced by other factors.
5 May
Insiders at Tectonic Therapeutic, Inc. (TECX) have significantly increased their holdings, with a total of US$62.6 million in purchases over the past year, indicating optimism about the company's prospects. Notably, Co-Founder Timothy Springer bought US$40 million worth of shares at US$54.14 each, above the current price of US$21.75. Insiders have not sold any shares, and their average purchase price was US$35.06. Insiders own 41% of the company, valued at approximately US$165 million, suggesting alignment with shareholder interests. Despite the positive insider activity, the company is facing losses and has four warning signs that warrant caution. Insider buying indicates confidence, but ongoing losses and warning signs suggest limited overall impact on future performance.
15 Apr
Tectonic Therapeutic, Inc. (TECX) is set to present Phase 1b data for its drug TX45 at the European Society of Cardiology Heart Failure 2025 conference. This presentation is anticipated to provide insights into the drug's efficacy and safety profile, potentially influencing future development and investment interest in the company. The presentation of Phase 1b data for TX45 could significantly impact Tectonic's strategic direction and investor sentiment.
20 Mar
Tectonic Therapeutic, Inc. announced positive interim results from its TX45 Phase 1b trial, showing improvements in left ventricular function and pulmonary hemodynamics in patients with Group 2 Pulmonary Hypertension in Heart Failure with Preserved Ejection Fraction. The company reported cash and equivalents of $141.2 million as of December 31, 2024, and raised approximately $185 million in a private placement, providing a cash runway into Q4 2028. Upcoming milestones include Phase 1b Part B results expected in 2H 2025 and APEX Phase 2 trial results anticipated in 2026. Research and development expenses increased to $9.2 million for Q4 2024, contributing to a net loss of $12.4 million for the quarter. Positive trial results and significant funding enhance Tectonic's strategic position and future growth potential.
3 Feb
Tectonic Therapeutic, Inc. (TECX) announced a private placement financing expected to generate approximately $185 million in gross proceeds. The company will issue 3,689,465 shares of common stock at $50.00 per share to fund investors and $54.14 per share to individual investors who are officers or directors. The financing includes participation from various investors and aims to support the clinical development of TX45 and TX2100, along with other corporate purposes. The PIPE is set to close on February 5, 2025, pending customary conditions. The significant capital raised will enhance Tectonic's ability to advance its clinical development programs and potentially improve its market position.
30 Jan
Tectonic Therapeutic, Inc. announced positive interim data from its Phase 1b trial of TX45, a long-acting Fc-relaxin fusion protein, showing significant improvements in left ventricular function and pulmonary hemodynamics in patients with Group 2 Pulmonary Hypertension in Heart Failure with preserved Ejection Fraction (PH-HFpEF). The trial demonstrated a 17.9% reduction in pulmonary capillary wedge pressure and over 30% reduction in pulmonary vascular resistance in a subpopulation with more severe disease. TX45 was well tolerated with no serious adverse events. The ongoing APEX Phase 2 trial is expected to further evaluate TX45's efficacy, with topline results anticipated in 2026. Positive interim results from the Phase 1b trial indicate significant potential for TX45, which could alter Tectonic's market position and investor sentiment.
3 Dec
Tectonic Therapeutic to host KOL event on unmet need in Group 2 PH-HFpEF and TX45 as potential treatment on Thursday, December 12, 2024. Potential impact of significant product launch and strategic move.
26 Nov
Tectonic Therapeutic will present at the Piper Sandler Healthcare Conference on December 3rd, 2024. The presentation at the conference may moderately influence the company's competitive positioning and market sentiment.
12 Nov
Tectonic Therapeutic Inc. reports Q3 2024 results. The financial performance in Q3 may moderately influence the company's trajectory.