CatalystMarker
← board

FDMT

4D Molecular Therapeuticsdistress 5/10 · elevated risk
$10.52-4%today-21% from 52w high
4dmoleculartherapeutics.com196 employeesFounded 2013EmeryVille, CABiotechnology
Rare / Genetic 2
Lead: wet AMD
Revenue
pre-revenue
Liquidity
$458M
Runway
3.5 yrs
Shares 1y
+87%

Price & events

+30.0% over 6M
$7.96$10.63$13.30Jan 26Apr 26Jul 263.3Mdilution: EFFECT shelf_effective (2026-05-13)dilution: S-3 shelf_registration (2026-05-07)financing: 8-K material_agreement (2026-06-29)financing: 8-K private_placement (2026-01-26)catalyst: PHASE1,PHASE2 4D-125 IVT Injection (2026-06-01) — click to opencatalyst: PHASE1,PHASE2 4D-310 (2026-06-01) — click to opencatalyst: PHASE3 4D-150 (2026-03-31) — click to openrating: HC Wainwright & Co.: Buy (2026-07-20)rating: HC Wainwright & Co.: Buy (2026-03-20)rating: RBC Capital: Outperform (2026-03-19)rating: Chardan Capital: Buy (2026-03-19)rating: Barclays: Overweight (2026-01-28)
CatalystRating changeDilutionFinancingdashed = today
-4.0%
1D
-3.0%
1W
-9.3%
1M
+9.5%
3M
+32.2%
6M
+123.4%
1Y
-41.4%
2Y
-57.2%
5Y
-72.1%
All

Overview

Market Cap
$523.67M
Volume
44.71K
52 Week Range
$4.16 – $13.30
Total Shares
49.78M
Float Shares
39.01M
Short %
29.42%
% Held by Insiders
3.32%
% Held by Institutions
98.36%
RVOL
0.05x
Beta
2.69

Pipeline stages · 5 programs

4D-150 IVT, Aflibercept IVT
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2027-03
4D-150 IVT (3E10 vg/eye), EYLEA® (aflibercept) Injection 2 mg (0.05mL)
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2027-06
4D-710
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2027-06
4D-125 IVT Injection
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
4D-310
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved

Pipeline · 8 trials · 5 upcoming

ReadoutPhaseDrugIndicationEnrollStatus
2027-03
Estimated 50%
readout ~2027-04-15
Phase 1/24D-150 IVT, Aflibercept IVTrmatNeovascular (Wet) Age-Related Macular Degenerationrecruiting
2027-06
Estimated 50%
readout ~2027-07-16
Phase 24D-710Cystic Fibrosis Lungrecruiting
2027-06
Estimated 50%
readout ~2027-08-15
Phase 34D-150 IVT (3E10 vg/eye), EYLEA® (aflibercept) Injection 2 mg (0.05mL)Macular Neovascularization Secondary to Age-Related Macular Degenerationactive not recruiting
2028-11
Estimated 50%
readout ~2029-01-15
Phase 34D-150 IVT (3E10 vg/eye), EYLEA® (aflibercept) Injection 2 mg (0.05mL)Neovascular Age-Related Macular Degeneration (nAMD)recruiting
2029-02-28
Estimated 50%
readout ~2029-04-14
Phase 24D-150 IVT, Aflibercept IVTrmatDiabetic Macular Edema, Diabetic Retinopathyactive not recruiting
Show all 8 trials · 3 more ▾
ReadoutPhaseDrugIndicationEnrollStatus
2026-06
Phase 1/24D-125 IVT InjectionX-Linked Retinitis Pigmentosa21active not recruiting
2026-06
Phase 1/24D-310Fabry Disease18recruiting
2026-01
Phase 1/24D-310Fabry Disease18active not recruiting

Catalyst news & presentations · 17

Approved drugs (0)

  • none — clinical-stage

Capital structure — dilution & financing

Shares out: 49,778,127 · 1 offerings/1y · 1 PIPEs
  • 2026-06-298-Kmaterial_agreement
  • 2026-05-13EFFECTshelf_effective
  • 2026-05-07S-3shelf_registration
  • 2026-01-268-Kprivate_placement
  • 2025-11-06424B5offering
  • 2025-10-318-Kmaterial_agreement
  • 2025-03-24EFFECTshelf_effective
🔒 Positioning — Pro
Short interest / days-to-cover, insider buys & sells.
Upgrade to Pro
🔒 Top holders — Pro
Institutional ownership + quarter-over-quarter accumulation/trimming.
Upgrade to Pro

Wall St ratings

buy · target $28 (+168% upside) · 9 analysts
  • 2026-07-20HC Wainwright & Co.Buy
  • 2026-03-20HC Wainwright & Co.Buy
  • 2026-03-19RBC CapitalOutperform
  • 2026-03-19Chardan CapitalBuy
  • 2026-01-28BarclaysOverweight
  • 2025-12-18Chardan CapitalBuy

Competitors — wet AMD

  • ABBVAbbVie Inc.$451.1B · D2
  • EYPTEyePoint, Inc.$1.0B · D6
  • RGNXREGENXBIO Inc.$508M · D7
  • OTLKOutlook Therapeutics, Inc.$157M · D10
  • CLSDQClearside Biomedical, Inc.$1M · D4

Not financial advice. Data: ClinicalTrials.gov, SEC EDGAR, FINRA, Nasdaq, Yahoo.