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SYRE

Spyre Therapeutics, Inc.distress 6/10 · elevated risk
$97.85-1%today-5% from 52w high
spyre.com112 employeesFounded 2013Waltham, MABiotechnology
Immunology / Inflammation 1
Lead: ulcerative colitis · target a4b7 · est. market ~$10B (approx, global)
Revenue
pre-revenue
Liquidity
$97M
Runway
0.5 yrs
Shares 1y
+44%

Price & events

+187.0% over 6M
$31.98$67.34$103Jan 26Apr 26Jul 265.4Mdilution: S-3ASR shelf_registration (2026-06-26)dilution: 424B5 offering (2026-04-16)dilution: 424B5 offering (2026-04-13)dilution: EFFECT shelf_effective (2026-03-04)dilution: EFFECT shelf_effective (2026-02-27)dilution: S-3 shelf_registration (2026-02-19)financing: 8-K material_agreement (2026-04-16)catalyst: PHASE2 SPY001 (2026-06-30) — click to opencatalyst: PHASE2 SPY003 (2026-06-30) — click to opencatalyst: PHASE2 SPY002 (2026-06-30) — click to opencatalyst: PHASE2 SPY001, SPY002, SPY003 (2026-06-01) — click to opencatalyst: PHASE1 SPY002-072 (2026-04-03) — click to opencatalyst: PHASE1 SPY001-001 (2026-03-10) — click to openrating: Mizuho: Outperform (2026-07-13)rating: Deutsche Bank: Buy (2026-06-23)rating: BTIG: Buy (2026-06-15)rating: Deutsche Bank: Buy (2026-06-04)rating: Stifel: Buy (2026-05-06)rating: Citigroup: Buy (2026-05-06)rating: Jones Trading: Buy (2026-04-17)rating: Wells Fargo: Overweight (2026-04-14)
CatalystRating changeDilutionFinancingdashed = today
-1.3%
1D
+4.0%
1W
+0.8%
1M
+41.3%
3M
+205.4%
6M
+449.4%
1Y
+207.4%
2Y
-40.3%
5Y
-54.3%
All

Overview

Market Cap
$8.50B
Volume
31.52K
52 Week Range
$14.82 – $103
Total Shares
86.84M
Float Shares
81.05M
Short %
16.81%
% Held by Insiders
5.86%
% Held by Institutions
93.27%
RVOL
0.02x
Beta
3.02

Pipeline stages · 2 programs

SPY002-072
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2026-08-19
SPY001, SPY002, SPY003
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2029-03-02

Pipeline · 6 trials · 3 upcoming

ReadoutPhaseDrugIndicationEnrollStatus
2026-08-19
Estimated 50%
readout ~2026-09-18
final ~2026-11-30
Phase 1SPY002-091Healthy50active not recruiting
2026-10-31
Estimated 50%
readout ~2026-12-15
Phase 2SPY002-072Rheumatoid Arthritis, Psoriatic Arthritis, Axial Spondyloarthritis, Rheumatic Diseases, Rheumatic Joint Disease, PsA (Psoriatic Arthritis), AxSpA, Rheumatologic Diseaseactive not recruiting
2029-03-02
Estimated 50%
readout ~2029-04-16
Phase 2SPY001, SPY002, SPY003Ulcerative Colitis, Inflammatory Bowel Diseases, Colitis, Colitis, Ulcerativeenrolling by invitation
2026-06
Phase 2SPY001, SPY002, SPY003Ulcerative Colitis, Inflammatory Bowel Diseases, Colitis, Colitis, Ulcerative645recruiting
2026-04-03
Phase 1SPY002-072Healthy56recruiting
Show all 6 trials · 1 more ▾
ReadoutPhaseDrugIndicationEnrollStatus
2026-03-10
Phase 1SPY001-001Healthy96completed

Upcoming readouts & decisions · our signals

1 upcoming event has our read — the sell-the-news timing call plus an experimental clinical estimate. Go Pro to see them.

Catalyst news & presentations · 21

Approved drugs (0)

  • none — clinical-stage

Capital structure — dilution & financing

Shares out: 86,841,253 · 4 offerings/1y · 0 PIPEs
  • 2026-06-26S-3ASRshelf_registration
  • 2026-04-168-Kmaterial_agreement
  • 2026-04-16424B5offering
  • 2026-04-13424B5offering
  • 2026-03-04EFFECTshelf_effective
  • 2026-02-27EFFECTshelf_effective
  • 2026-02-19S-3shelf_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 $104 (+6% upside) · 15 analysts
  • 2026-07-13MizuhoOutperform
  • 2026-06-23Deutsche BankBuy
  • 2026-06-15BTIGBuy
  • 2026-06-04Deutsche BankBuy
  • 2026-05-06StifelBuy
  • 2026-05-06CitigroupBuy

Competitors — a4b7

  • none identified

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