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LBRX

LB Pharmaceuticals Inc.distress 2/10 · well-funded / low risk
$35.33-1%today-1% from 52w high
lbpharma.us35 employeesFounded 2015New York, NYBiotechnology
Lead: major depressive disorder (MDD) · est. market ~$16B (approx, global)
Revenue
pre-revenue
Liquidity
$366M
Runway
6.6 yrs
Shares 1y
+13%

Price & events

+49.8% over 6M
$21.17$28.51$35.84Jan 26Apr 26Jul 261.4Mdilution: 424B3 offering (2026-07-22)dilution: 424B3 offering (2026-06-10)dilution: 424B3 offering (2026-06-09)dilution: 424B3 offering (2026-05-12)dilution: EFFECT shelf_effective (2026-04-14)dilution: 424B3 offering (2026-04-14)dilution: S-1 shelf_registration (2026-04-06)financing: 8-K private_placement (2026-02-05)rating: BMO Capital: Outperform (2026-07-21)rating: Wolfe Research: Outperform (2026-07-07)rating: HC Wainwright & Co.: Buy (2026-04-27)rating: Craig-Hallum: Buy (2026-04-10)rating: Stifel: Buy (2026-03-27)
CatalystRating changeDilutionFinancingdashed = today
-1.4%
1D
+15.5%
1W
+15.4%
1M
+14.8%
3M
+47.7%
6M
1Y
2Y
5Y
+104.2%
All

Overview

Market Cap
$1.01B
Volume
67.78K
52 Week Range
$14.61 – $35.84
Total Shares
28.68M
Float Shares
18.10M
Short %
19.09%
% Held by Insiders
0.27%
% Held by Institutions
107.15%
RVOL
0.21x

Pipeline stages · 2 programs

LB-102 (50 mg tablet), LB-102 (100 mg tablet)
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2027-06
LB-102
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2028-02

Pipeline · 3 trials · 3 upcoming

ReadoutPhaseDrugIndicationEnrollStatus
2027-06
Estimated 50%
readout ~2027-08-15
Phase 3LB-102 (50 mg tablet), LB-102 (100 mg tablet)Schizophreniarecruiting
2028-02
Estimated 50%
readout ~2028-03-17
Phase 2LB-102Bipolar I Disorderrecruiting
2028-12
Estimated 50%
readout ~2029-02-14
Phase 3LB-102Schizophrenianot yet recruiting

Catalyst news & presentations · 5

Approved drugs (0)

  • none — clinical-stage

Capital structure — dilution & financing

Shares out: 28,676,652 · 5 offerings/1y · 1 PIPEs
  • 2026-07-22424B3offering
  • 2026-06-10424B3offering
  • 2026-06-09424B3offering
  • 2026-05-12424B3offering
  • 2026-04-14424B3offering
  • 2026-04-14EFFECTshelf_effective
  • 2026-04-06S-1shelf_registration
🔒 Positioning — Pro
Short interest / days-to-cover, insider buys & sells.
Upgrade to Pro
🔒 Top holders — Pro
Institutional ownership + quarter-over-quarter accumulation/trimming.
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Wall St ratings

strong buy · target $45 (+27% upside) · 7 analysts
  • 2026-07-21BMO CapitalOutperform
  • 2026-07-07Wolfe ResearchOutperform
  • 2026-04-27HC Wainwright & Co.Buy
  • 2026-04-10Craig-HallumBuy
  • 2026-03-27StifelBuy
  • 2025-12-11StifelBuy

Competitors — major depressive disorder (MDD)

  • none identified

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