FBRXFBRXHealthcare · Biotechnology

FBRX Stock Forecast: Forte Biosciences, Inc. Price Predictions for 2026-2027

Last close, 26 Aug 2026
$77
+0.03% on the day

The 4 Wall Street analysts covering Forte Biosciences, Inc. hold a median 12-month price target of $77 — +0.0% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 41 of 100 as at 27 Aug 2026 — in the lower half.

Market cap
$1.6B
Ticker Nerd rank
41 / 100
Median analyst target
$77
Analysts covering
4
Revenue$0.0
Operating income−$24.6M
Net income−$23.3M
Free cash flow−$22.7M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+0.1%
1M
+40.5%
YTD
+182.3%
1Y
+583.7%
From 52W high
0.0%
From 52W low
+647.5%
$10
$77
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

FBRX stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Forte Biosciences, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 27 Aug 2026
41 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Momentum
100
Accruals
63
Value
58
Revisions
51
Volatility
46
Size
39
Growth
31
Issuance
27
Quality
20

Momentum (100): The shares have been drifting up relative to others.

Quality (20): Profits are thin or unreliable for the size of the business, or they are not turning into cash.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

FBRX stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on FBRX, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$0$20$40$60$80Oct 25Jan 26Apr 26Jul 26FBRXHigh $77Median $77Low $61

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says4 analysts
1 Buy3 Hold0 Sell
Low $61Median $77High $77

The green dot is the last close — the median target sits +0.0% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
28 July 2026BarclaysDowngradeEqual-Weight$74$77
21 July 2026BarclaysInitiatesOverweight$74
25 Nov 2025Evercore ISI GroupInitiatesOutperform$65
25 Nov 2025Evercore ISI GroupInitiatesOutperform
17 Nov 2025Chardan CapitalMaintainsBuy
18 Aug 2025GuggenheimInitiatesBuy
15 Aug 2025Chardan CapitalMaintainsBuy
24 June 2025Chardan CapitalMaintainsBuy
1 Apr 2025Chardan CapitalMaintainsBuy
21 Jan 2025TD CowenInitiatesBuy
4 Dec 2024Chardan CapitalMaintainsBuy
15 Nov 2024Chardan CapitalMaintainsBuy
19 Aug 2024Chardan CapitalMaintainsBuy
30 May 2024Brookline CapitalInitiatesBuy
8 Apr 2024Ladenburg ThalmannUpgradeBuy
20 Sept 2021Chardan CapitalUpgradeNeutral
3 Sept 2021B. Riley SecuritiesDowngradeNeutral
3 Sept 2021Brookline CapitalDowngradeHold
3 Sept 2021Chardan CapitalDowngradeSell
3 Sept 2021Ladenburg ThalmannDowngradeNeutral

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. FBRX appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

FBRX vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 26 Aug 2026, Forte Biosciences, Inc. returned +583.7% against +20.1% for the S&P 500, dividends included.

FBRX vs S&P 500, last 12 monthsTotal return, rebased to 100
100200300400500600700Oct 25Jan 26Apr 26Jul 26FBRXS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

FBRX analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
Analysts raising
0
Analysts cutting
1
Fundamentals

Forte Biosciences, Inc. (FBRX) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
−16.3×

Cheaper than 95% of US stocks

Price / sales
Price / book
10.2×

Cheaper than 10% of US stocks

EV / EBITDA
−18.4×

Cheaper than 89% of US stocks

Growth & margins
Revenue growth (YoY)
Earnings growth (YoY)
Gross margin
Operating margin
0.0%

Higher than 32% of US stocks

Net margin
0.0%

Higher than 30% of US stocks

Returns & dividend
Return on equity
−62.3%

Higher than 19% of US stocks

Return on assets
−37.8%

Higher than 11% of US stocks

Dividend yield

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Forte Biosciences, Inc. (FBRX) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Forte Biosciences, Inc. has a market value of $1.6B and an enterprise value of $1.7B.

  • Revenue in the twelve months to 30 June 2026: $0.0.

  • Net income over the same four quarters: −$87.9M.

  • Free cash flow in the twelve months to 30 June 2026: −$72.0M.

  • Shares outstanding: 20.5M.

  • Trailing P/E: −16.3×; forward P/E: −18.9× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forte Biosciences, Inc. employs 23 people.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 9 Sept 2026

Data provided by Twelve Data

Peers

FBRX vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelBiotechnology
CompanyMarket capTKN rank
FBRXForte Biosciences, Inc.$1.6B
41
FTREFortrea Holdings, Inc.$1.6B
97
AVLNAvalyn Pharma, Inc.$1.7B
1
SEPNSepterna, Inc.$1.7B
91
INVAInnoviva, Inc.$1.6B
88
ANABAnaptysBio, Inc.$1.7B
99
LBRXLB Pharmaceuticals, Inc.$1.6B
7

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Forte Biosciences, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest FBRX news & analysis

Alger Small Cap Growth Fund Q2 2026 Portfolio Review

Seeking Alpha · 14 Aug 2026negative

Alger Small Cap Growth Fund's Q2 2026 portfolio review noted that Forte Biosciences Inc. was among the top detractors from the fund's performance during the quarter. The fund's Class A shares outperformed the Russell 2000 Growth Index in the period.

Why it matters — FBRX watchers would care because the fund explicitly identified Forte Biosciences as a significant negative contributor to performance in the second quarter of 2026.

Forte Biosciences Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Forte Biosciences, Inc. - FBRX

Business Wire · 11 Aug 2026negative

Kahn Swick & Foti, LLC, a law firm led by former Louisiana Attorney General Charles C. Foti Jr., has launched an investigation into the proposed sale of Forte Biosciences to argenx SE. Under the deal's terms, Forte shareholders would receive $77.00 in cash per share, and KSF is examining whether that consideration and the process leading to it were adequate.

Why it matters — A law firm is investigating the adequacy of the sale price and process, which could raise questions about the proposed acquisition for FBRX shareholders.

FBRX Stock Alert: Halper Sadeh LLC is Investigating Whether Forte Biosciences, Inc. is Obtaining a Fair Price for its Shareholders

Business Wire · 8 Aug 2026negative

Halper Sadeh LLC, an investor rights law firm, is investigating whether Forte Biosciences and its board violated federal law in connection with the company's sale to argenx for $77.00 per share in cash. The firm is encouraging Forte shareholders to learn about their rights and options regarding the transaction.

Why it matters — A shareholder-rights investigation raises potential legal scrutiny over the fairness of Forte's acquisition price for shareholders.

Alger Small Cap Focus Fund Q2 2026 Portfolio Review

Seeking Alpha · 6 Aug 2026negative

Alger Small Cap Focus Fund's Q2 2026 portfolio review identified Forte Biosciences Inc. as one of the top detractors from performance during the quarter, alongside Karman Holdings and GeneDx Holdings. The review also named Nebius Group, Credo Technology Group, and Guardant Health among the top contributors.

Why it matters — FBRX watchers would care because its inclusion among the fund's top performance detractors signals weak relative performance during the quarter.

Halper Sadeh LLC is Investigating Whether FBRX and SAFT are Obtaining Fair Deals for their Shareholders

GlobeNewsWire · 29 July 2026negative

Halper Sadeh LLC is investigating whether the proposed transactions involving Forte Biosciences, Inc. (FBRX) and SAFT provide fair treatment to all shareholders, noting that insiders may receive substantial financial benefits not available to ordinary shareholders.

Why it matters — FBRX shareholders should be aware that an investigation has been opened into whether the deal terms unfairly favor insiders and may limit the ability to consider better competing offers.

FAQ

Frequently asked questions about FBRX stock

What is the FBRX stock price forecast for 2026-2027?

The 4 Wall Street analysts covering Forte Biosciences, Inc. have a median 12-month price target of $77, with estimates ranging from $61 to $77. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is FBRX stock a buy right now?

Of the 4 analysts covering Forte Biosciences, Inc., 1 rate it a Buy, 3 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Forte Biosciences, Inc. 41 out of 100 across roughly 4,600 US stocks as at 27 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank FBRX?

As at 27 Aug 2026, Forte Biosciences, Inc. ranks 41 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Momentum (100 of 100).

Will FBRX stock go up?

No one can know that. What the data says: the median 12-month target from 4 analysts implies +0.0% from the last close, and Ticker Nerd's factor model ranks Forte Biosciences, Inc. 41 out of 100 as at 27 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the FBRX stock forecast for 2030?

No analyst covering Forte Biosciences, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for FBRX are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $61 to $77 over the next 12 months.

How has FBRX stock performed over the past year?

Forte Biosciences, Inc. returned +583.7% over the 12 months to 26 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Forte Biosciences, Inc. do?

Forte Biosciences, Inc. is a clinical-stage biopharmaceutical company focused on developing therapies for autoimmune and autoimmune-related diseases.

What is the latest news on FBRX?

The most recent item we track (Seeking Alpha, 14 Aug 2026): "Alger Small Cap Growth Fund Q2 2026 Portfolio Review". Alger Small Cap Growth Fund's Q2 2026 portfolio review noted that Forte Biosciences Inc. was among the top detractors from the fund's performance during the quarter. The fund's Class A shares outperformed the Russell 2000 Growth Index in the period.

Company

About Forte Biosciences, Inc.

Forte Biosciences, Inc. is a clinical-stage biopharmaceutical company focused on developing therapies for autoimmune and autoimmune-related diseases. Its current lead product candidate is FB102, a proprietary anti-CD122 monoclonal antibody being advanced for a range of immune-mediated conditions, including vitiligo, alopecia areata, celiac disease, graft-versus-host disease, and type 1 diabetes. The company’s work centers on targeted immunology research and drug development, with an emphasis on addressing diseases driven by abnormal immune activity. Based in Dallas, Texas, Forte Biosciences operates within the biotechnology sector and plays a role in advancing potential treatments for dermatology and broader autoimmune medicine.

CEO Dr. Paul A. Wagner Ph.D. · 23 employees · United States · https://www.fortebiorx.com