Sutro Biopharma, Inc.

Equities

STRO

US8693671021

Biotechnology & Medical Research

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-24 pm EDT			5-day change	1st Jan Change
3.47 ^USD	-6.72%		-8.68%	-19.11%

Apr. 03	Piper Sandler Trims Price Target on Sutro Biopharma to $11 From $12, Maintains Overweight Rating	MT
Apr. 03	Truist Securities Adjusts Price Target on Sutro Biopharma to $18 From $25, Keeps Buy Rating	MT

Sutro Biopharma, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022

November 08, 2022 at 04:34 pm EST

Sutro Biopharma, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 25.15 million compared to USD 8.52 million a year ago. Net loss was USD 19.49 million compared to USD 30.9 million a year ago. Basic loss per share from continuing operations was USD 0.37 compared to USD 0.67 a year ago. Diluted loss per share from continuing operations was USD 0.37 compared to USD 0.67 a year ago.
For the nine months, sales was USD 59.14 million compared to USD 51.23 million a year ago. Net loss was USD 84.61 million compared to USD 67.41 million a year ago. Basic loss per share from continuing operations was USD 1.74 compared to USD 1.46 a year ago. Diluted loss per share from continuing operations was USD 1.74 compared to USD 1.46 a year ago.

Latest news about Sutro Biopharma, Inc.

Piper Sandler Trims Price Target on Sutro Biopharma to $11 From $12, Maintains Overweight Rating	Apr. 03	MT
Truist Securities Adjusts Price Target on Sutro Biopharma to $18 From $25, Keeps Buy Rating	Apr. 03	MT
Ipsen and Sutro Biopharma Announce Exclusive Global Licensing Agreement for an ADC Targeting Solid Tumors	Apr. 02	CI
Ipsen: worldwide licensing agreement with Sutro Biopharma	Apr. 02	CF
Ipsen Signs Licensing Deal for Cancer-targeting Antibody Conjugate with Sutro Biopharma	Apr. 02	MT
Health Care Climbs on Weight-Loss Drug Excitement -- Health Care Roundup	Mar. 26	DJ
Wedbush Adjusts Sutro Biopharma's Price Target to $8 From $12, Maintains Outperform Rating	Mar. 26	MT
Sutro Biopharma, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 25	CI
Transcript : Sutro Biopharma, Inc. - Special Call	Jan. 04
Sutro Biopharma Highlights Potential Multi-Cancer Opportunity for Luvelta, a FolRa-Targeting ADC	Jan. 04	CI
Sutro Biopharma, Inc.(NasdaqGM:STRO) dropped from NASDAQ Biotechnology Index	Dec. 15	CI
Sutro Biopharma, Inc. Announces New Positive Data from the Compassionate Use of Luveltamab Tazevibulin in Pediatric Patients with Relapsed/Refractory CBF/GLIS Presented at ASH 2023	Dec. 11	CI
Vaxcyte Exercises Option for Manufacturing Rights Agreement With Sutro Biopharma; Sutro Shares Jump Premarket	Nov. 28	MT
Vaxcyte Exercises Option for Manufacturing Rights Agreement With Sutro Biopharma	Nov. 27	MT
Vaxcyte, Inc. Exercises Option and Enters into Manufacturing Rights Agreement with Sutro Biopharma to Obtain Control over Manufacturing and Development of Cell-Free Extract for Its Vaccine Candidates	Nov. 27	CI
Sutro Biopharma Promotes Jane Chung to Newly Created Position of COO	Nov. 21	MT
Sutro Biopharma, Inc Appoints Jane Chung as President and Chief Operating Officer	Nov. 21	CI
Piper Sandler Adjusts Price Target on Sutro Biopharma to $12 From $18, Maintains Overweight Rating	Nov. 15	MT
Earnings Flash (STRO) SUTRO BIOPHARMA Reports Q3 Revenue $16.9M	Nov. 13	MT
Sutro Biopharma, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 13	CI
Sutro Biopharma Says Endometrial Cancer Therapy Showed 'Encouraging Preliminary Anti-Tumor Activity'	23-10-23	MT
Sutro Biopharma Announces Presentation of Data for Luveltamab Tazevibulin from the Phase 1 Dose-Expansion Study in Endometrial Cancers At ESMO 2023	23-10-22	CI
Oppenheimer Initiates Coverage on Sutro Biopharma With Outperform Rating, $10 Price Target	23-10-06	MT
Sutro Biopharma, Inc. Appoints Hans Peter Gerber as Chief Scientific Officer	23-09-19	CI
Transcript : Sutro Biopharma, Inc. Presents at Citi 18th Annual BioPharma Conference, Sep-06-2023 08:00 AM	23-09-06

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Company Profile

Sutro Biopharma, Inc. is a clinical-stage oncology company. The Company is engaged in developing site-specific and novel-format antibody drug conjugates (ADCs) enabled by its integrated cell-free protein synthesis platform, XpressCF, and its site-specific conjugation platform, XpressCF+. The Companyâs advanced product candidate is STRO-002 (luveltamab tazevibulin, or luvelta), an ADC directed against folate receptor-alpha (FolRa), for patients with FolRa-expressing cancers, including ovarian cancer. In addition, it uses luvelta to treat pediatric patients with relapsed/refractory CBFA2T3-GLIS2 and acute myeloid leukemia. It also has two preclinical product candidates, STRO-003 and STRO-004. These product candidates are single homogeneous ADCs directed against an anti-receptor tyrosine kinase-like orphan receptor 1 (ROR1), and tissue factor (TF), each of which is being developed for the treatment of solid tumors.

Sector

Biotechnology & Medical Research

Calendar

2024-05-13 - Q1 2024 Earnings Release (Projected)

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Ratings for Sutro Biopharma, Inc.

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Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

3.47 USD

Average target price

12.89 USD

Spread / Average Target

+271.44%

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