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RLAY

Relay Therapeutics, Inc.distress 6/10 · elevated risk
$18.81-2%today-9% from 52w high
relaytx.com193 employeesFounded 2015Cambridge, MABiotechnology
Oncology 1
Lead: PIK3CA Mutation · target HER2
Revenue
pre-revenue
Liquidity
$205M
Runway
1.0 yrs
Shares 1y
+11%

Price & events

+147.5% over 6M
$7.43$14.09$20.75Jan 26Apr 26Jul 2617.9Mdilution: 424B5 offering (2026-05-21)dilution: 424B5 offering (2026-05-19)financing: 8-K material_agreement (2026-05-21)catalyst: PHASE1,PHASE2 zovegalisib (2026-03-16) — click to openrating: Goldman Sachs: Buy (2026-07-21)rating: Canaccord Genuity: Buy (2026-07-16)rating: JP Morgan: Overweight (2026-07-08)rating: Guggenheim: Buy (2026-05-26)rating: HC Wainwright & Co.: Buy (2026-05-26)rating: Citizens: Market Outperform (2026-05-20)rating: Barclays: Overweight (2026-05-20)rating: Raymond James: Strong Buy (2026-05-19)
CatalystRating changeDilutionFinancingdashed = today
-2.4%
1D
-2.9%
1W
+7.9%
1M
+24.7%
3M
+153.2%
6M
+396.3%
1Y
+98.4%
2Y
-45.1%
5Y
-53.5%
All

Overview

Market Cap
$3.60B
Volume
128.21K
52 Week Range
$3.22 – $20.75
Total Shares
191.59M
Float Shares
136.14M
Short %
23.02%
% Held by Insiders
1.37%
% Held by Institutions
87.14%
RVOL
0.03x
Beta
1.68

Pipeline stages · 2 programs

RLY-2608
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2027-04-30
RTx-021
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2030-12-01

Pipeline · 6 trials · 5 upcoming

ReadoutPhaseDrugIndicationEnrollStatus
2027-04-30
Estimated 50%
readout ~2027-05-30
Phase 1RLY-2608, Fulvestrant, Palbociclib 125mgPIK3CA Mutation, Solid Tumor, Adult, HER2-negative Breast Cancer, Breast Cancer, Metastatic Breast Cancer, Advanced Breast Cancer, Unresectable Solid Tumorrecruiting
2027-12-30
Estimated 50%
readout ~2028-01-29
Phase 1RLY-8161Advanced NRAS-Mutant Melanoma, Advanced NRAS-Mutant Solid Tumors, NRAS Mutation, NRAS G12D, NRAS G13R, NRAS G13D, NRAS G12V, NRAS Q61R, NRAS Q61K, NRAS Q61L, NRAS Q61Hrecruiting
2028-04-30
Estimated 50%
readout ~2028-07-14
Phase 3RLY-2608, Capivasertib, FulvestrantPIK3CA Mutation, HER2- Negative Breast Cancer, Hormone Receptor Positive Tumor, Breast Cancer, Metastatic Breast Cancer, Advanced Breast Cancerrecruiting
2030-12-01
Estimated 50%
readout ~2031-01-15
Phase 1/2RTx-021Stargardt Diseaserecruiting
2031-07
Estimated 50%
readout ~2031-08-15
Phase 2RLY-2608PIK3CA-Related Overgrowth Spectrum (PROS), Lymphatic Malformations, Vascular Malformations, PIK3CA Mutation, CLOVES Syndrome, Klippel Trenaunay Syndrome, Megalencephaly-capillary Malformation Polymicrogyria Syndrome (MCAP), Vascular Anomaliesrecruiting
Show all 6 trials · 1 more ▾
ReadoutPhaseDrugIndicationEnrollStatus
2025-03-18
Phase 1RLY-5836, Fulvestrant, PalbociclibPIK3CA Mutation, Solid Tumor, Adult, HER2-negative Breast Cancer, Breast Cancer, Metastatic Breast Cancer, Advanced Breast Cancer, Unresectable Solid Tumor, Hormone Receptor Positive Tumor41completed

Catalyst news & presentations · 14

Approved drugs (0)

  • none — clinical-stage

Capital structure — dilution & financing

Shares out: 191,586,165 · 2 offerings/1y · 0 PIPEs
  • 2026-05-218-Kmaterial_agreement
  • 2026-05-21424B5offering
  • 2026-05-19424B5offering
  • 2025-06-048-Kmaterial_agreement
  • 2024-11-14SC 13G/Astrategic_stake
  • 2024-09-118-Kmaterial_agreement
  • 2024-09-11424B5offering
🔒 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

strong buy · target $25 (+35% upside) · 13 analysts
  • 2026-07-21Goldman SachsBuy
  • 2026-07-16Canaccord GenuityBuy
  • 2026-07-08JP MorganOverweight
  • 2026-05-26GuggenheimBuy
  • 2026-05-26HC Wainwright & Co.Buy
  • 2026-05-20CitizensMarket Outperform

Competitors — HER2

  • BEIGFBeOne Medicines Ltd.$31.7B · D1
  • ELVNEnliven Therapeutics, Inc.$3.2B · D1
  • NUVBNuvation Bio Inc.$2.2B · D3
  • GLUEMonte Rosa Therapeutics, Inc.$2.0B · D4
  • AVBPArriVent BioPharma, Inc.$1.4B · D1
  • OLMAOlema Pharmaceuticals, Inc.$990M · D4
  • OKUROnKure Therapeutics, Inc.$172M · D6
  • AZNASTRAZENECA PLC · D3

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