TickerTalks
Browse all tickers →
TickerTalks›$QTTB
QTQTTB

Q32 Bio Inc.

$QTTB·$199M·Biotechnology·Healthcare
$15.03-6.9%YTD+389.5%1Y+749.2%
Mentions · last 7 days
2026-08-21: 3 posts2026-08-22: 0 posts2026-08-23: 1 posts30-22%
Price updated 2d ago·X counts updated 7d ago
QTQTTB
$QTTBQ32 Bio Inc.
$15.03-6.93%30 posts-22%
AI analysisFundamentalsVoices on X
Loading…

AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $QTTB, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Driven by hypeAcceleratingAI verdict · as of 2026-08-30

The move is getting stronger, with heavier trading behind it.

Q32 Bio +749% TTM on Morgan Stanley Overweight $34 PT — bempikibart immunology, Atlas Venture increasing, $1M ITM bull debit 9/26.

Q32 Bio is a $200M clinical-stage immunology small-cap biotech. Massive re-rating +749% TTM on Morgan Stanley initiation plus Atlas Venture accumulation.

How it reads:

  • Fundamentals are pre-revenue: Q1 revenue $0M — the entire equity is the bempikibart platform value.
  • Margins reflect burn: 36% ROIC (positive from accounting quirk), 40% Q1 op margin (partnership-payment lumpiness), -16.4% FCF yield.
  • Valuation is priced-for-pipeline: 5.6x PE (near-zero base), 3.1x sales, 5.8x EV/EBITDA — the multiple has meaningfully re-rated.
  • Position is stretched: 61st percentile 52w, 1% above 50-day, 96% above 200-day on 69% baseline volume — massive TTM move digesting.
  • Catalyst: Morgan Stanley initiating Overweight PT $34 — targets 126% above current.
  • Bempikibart is the anchor asset (fully human effectorless mAb in clinical-stage immunology).
  • Atlas Venture Q2 13F increasing position — the institutional endorsement.
  • $1M ITM bull debit expiring 9/26 is the options-flow tell.
  • OrbiMed 13D/A shows 4.13M shares — venture-backer footprint meaningful.
  • July 17 S-3 shelf registration is worth flagging — capital-raise capacity loaded during momentum.
  • Insider minor: $276K S-Sale (Violette, Kalowski, Morrison small lots) — no distribution cluster.

The Nov 12 print is the test — a specific bempikibart clinical update plus reiterated FY27 milestones extends the run; a data disappointment or a shelf-triggered dilutive raise drops to $10 support.

Agrees with X sentimentAgree — the bullish anchors (Morgan Stanley initiating Overweight PT $34, bempikibart as fully human effectorless mAb clinical-stage immunology platform, Atlas Venture Q2 13F increasing position, $1M ITM bull debit expiring 9/26, 182% Wall Street upside) map to real signals; the honest add is the July 17 S-3 shelf registration is capital-raise capacity being loaded during momentum — worth naming as a risk.

What to watch: Nov 12 earnings — a specific bempikibart clinical update plus reiterated FY27 milestones extends the run; a data disappointment or a shelf-triggered dilutive raise drops to $10 support.

On the calendar: 2026-11-12 — Q3 earnings

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment5 posts analyzed · as of 2026-08-28

Q32 Bio posts are bullish following Morgan Stanley initiating Overweight PT $34. Bulls cite the bempikibart (fully human effectorless mAb) clinical-stage immunology platform, Atlas Venture Q2 13F increasing position, and $1M ITM bull debit expiring 9/2026. Skeptics essentially absent.

Read the AI verdict + X sentiment for $QTTB

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
Free, forever. No credit card.

What it does

Plain-English summary of the business — what they sell and how they make money.

Clinical-stage autoimmune biotech with ADX-097, a complement inhibitor targeting inflammatory kidney and skin diseases.

Industry overviewAI analysisGenerated by AI from underlying data

Where Biotechnology sits in its cycle right now — and what that implies for $QTTB.

Biotechnology · Healthcare

GLP-1 oral formulation competition — emerging clinical data from pipeline challengers — is the central bifurcation: platform holders (LLY, NVO) defend on efficacy breadth while precision oncology names decouple entirely. FDA catalyst cadence over the next 60 days sets the near-term tone.

What this means for $QTTB

Neutral — binary clinical-stage catalyst set is independent of the broader industry macro driver; pipeline readout timing is the company-specific event.

Top industry ETF

$IBBiShares Biotechnology ETF
+12.1%YTD
+51.2%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
5.6How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
36.1%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
39.8%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
-16.4%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
3.1Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
231%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
99.5%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.2Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Aug 5, 2026$-0.44$-0.46+4.3%
Q1 2026May 5, 2026$-0.54$-0.68+20.6%
Q4 2025Mar 10, 2026$3.65$-0.85+529.4%
Q3 2025Nov 13, 2025$-0.60$-1.39+56.8%
Next earningsThu, Nov 12·consensus EPS $-0.36

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$0———$-0.54$-6.3M
Q4 FY25$53.7M—99.8%85.4%$4.60$-6.2M
Q3 FY25$0———$-0.60$-4.2M
Q2 FY25$0———$-0.78$-10.7M

Forward consensus

5-year forecast · up to 5 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$1.3M$1.3M – $1.3M-$1.74-$1.90 – -$1.655
FY27$1.3M$1.3M – $1.3M-$1.97-$2.75 – -$1.515
FY28$3.3M$3.3M – $3.3M-$1.98-$3.30 – -$1.175
FY29$46.4M$46.4M – $46.4M-$1.50-$1.50 – -$1.502
FY30$168.6M$168.6M – $168.6M-$0.54-$0.54 – -$0.542

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.0.7×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.61%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.+1.0%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.+96.4%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatLow float · 13.4M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today2.6% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β-0.335-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.FilingActive offeringA shelf registration (S-3 / S-3ASR / S-1) or prospectus supplement (424B*) was filed in the last 90 days — the company is registered to (or actively) issuing new shares. Dilution risk.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellAug 25Shelia M. VioletteChief Scientific Officer2.8K sh$46KSellAug 25Morrison Jodie PopeCEO9.8K sh$163KSellAug 25Lee KalowskiCFO4.0K sh$66KBuyMay 28Diyong XuDirector1.9M sh$15.0MBuyMay 28Orbimed Advisors LlcDirector1.9M sh$15.0M
+ 20 other (19 awards · 1 exempt) in window

See when $QTTB insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
Free, forever. No credit card.

SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

SC 13D/AActivist amendmentJul 20SC 13D/A
AI summary

OrbiMed Advisors LLC and affiliated entities filed Amendment No. 4 to their Schedule 13D on Q32 Bio Inc. (QTTB), triggered July 16, 2026. OrbiMed Advisors holds 4,127,987 shares (13.9%) in aggregate; subsidiary OrbiMed Capital GP VII LLC holds 3,502,987 shares (11.8%) and OrbiMed Genesis GP LLC holds 625,000 shares (2.1%). The specific purpose or event triggering this amendment is not captured in the available excerpt, but OrbiMed is a specialist healthcare investor; a fourth amendment from a 13.9% holder warrants attention for any shift in intent toward the biotech.

S-3Shelf registrationJul 17S-3
AI summary

Q32 Bio filed an S-3 shelf registration statement to register securities for future capital raises. As a clinical-stage biotech developing complement-mediated disease therapies, the shelf provides flexibility to raise capital quickly to fund drug development. Standard capital markets preparedness filing.

8-KMaterial agreementJul 158-K — Item 1.01: Material agreement
AI summary

Q32 Bio (QTTB) entered into an underwriting agreement for a public offering of 10,958,904 shares of common stock at $18.25 per share, plus pre-funded warrants to purchase 4,931,506 shares at $18.2499 per warrant, on July 15, 2026. The underwriters have a 30-day option to purchase up to 1,643,835 additional shares. Estimated net proceeds are approximately $187.6 million ($215.8 million if the overallotment is exercised in full), intended for working capital and research and development. Closing was expected on approximately July 16, 2026.

424B5Prospectus supplement (offering)Jul 15424B5
AI summary

Q32 Bio (QTTB) filed a 424B5 prospectus supplement on July 14, 2026, for a public offering of 10,958,904 shares of common stock at $18.25 per share plus 4,931,506 pre-funded warrants at $18.2499 each, with an overallotment option for up to 1,643,835 additional shares. Joint book-running managers are Morgan Stanley, Jefferies, Cantor Fitzgerald, and Oppenheimer & Co.; H.C. Wainwright & Co. is lead manager. Estimated net proceeds are approximately $187.6 million. Proceeds are intended for working capital and R&D activities.

424B5Prospectus supplement (offering)Jul 13424B5
AI summary

Q32 Bio (QTTB) filed a preliminary 424B5 prospectus supplement on July 13, 2026, for a proposed registered public offering of common stock and pre-funded warrants. Joint book-running managers include Morgan Stanley, Jefferies, Cantor Fitzgerald, and Oppenheimer & Co., with H.C. Wainwright & Co. as lead manager. Offering price and final share count were not yet determined at the time of this preliminary filing. This is the earlier of two 424B5 filings for the same Q32 Bio offering.

8-KPress release / Reg FDJul 138-K — Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

Q32 Bio (QTTB) disclosed Phase 2 Part B efficacy data for bempikibart (anti-IL-2Rα antibody) in severe alopecia areata (AA) on July 13, 2026. The study enrolled 33 patients with SALT scores of 50–100 and episode durations of four years or less, of whom 36.4% had prior JAK inhibitor exposure. Treatment consisted of a 200 mg loading dose administered weekly for four weeks followed by a maintenance regimen, continued through 36 weeks. Enrollment exceeded the initial target due to patient demand, and the blinded, sham-controlled study design provides robust evidence for the bempikibart program.

S-3Shelf registrationJun 25S-3
AI summary

Q32 Bio Inc. filed an S-3 shelf registration statement on June 25, 2026, establishing a framework to sell securities on a delayed or continuous basis under Rule 415. The filing registers unspecified types and amounts of securities. CEO Jodie Morrison is listed as the agent contact. This is a standard shelf registration enabling future capital raises — no specific offering size or timing is determined yet. Administrative capital markets infrastructure; not an immediate dilutive event.

8-KShareholder voteJun 168-K — Item 5.07: Shareholder vote
AI summary

QTTB filed an 8-K Item 5.07 on June 16, 2026 reporting submission of matters to a vote of security holders (annual meeting results). Body unavailable — excerpt contains insufficient narrative to extract specific vote tallies or proposal outcomes.

+ 33 other (10 13Gs · 4 SC 13D/As · 3 earnings 8-Ks · 2 10-Qs) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

Wall Street Analysts See an 182.18% Upside in Q32 Bio (QTTB): Can the Stock Really Move This High?zacks.com·14d agoQ32 Bio Reports Second Quarter 2026 Financial Results and Provides Corporate Updateprnewswire.com·26d agoWall Street Analysts Think Q32 Bio (QTTB) Could Surge 185.99%: Read This Before Placing a Betzacks.com·31d agoPlaying The Biotech Breakout With Insidersseekingalpha.com·38d agoAre You Looking for a Top Momentum Pick? Why Q32 Bio (QTTB) is a Great Choicezacks.com·42d ago

More in Biotechnology

Peers in the same group — one click to compare setups, fundamentals, and chatter.

$MRNA$ALT$AURA$IOVA$NWBO$SLS$AMLX$ABCL
Voices on X · top 4 · last 7 days

TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

PrivacyTermsSupport