NASDAQ : STRO

Sutro Biopharma, Inc. — News

$21.3 USD

-$3.74 (-14.94%)

Volume
1.43M
Average Volume
315.1K
Market Capitalization
$206.13M
P/E Ratio
-1.22
Dividend Yield
0.00%
Price Target
$50.00
Year High
$43.85
Year Low
$7.15
Day High
Day Low
Payout Ratio
$0.00
Current Ratio
$26.35
Source Headline
Why is Sutro Biopharma Stock Falling On Wednesday?

Sutro Biopharma, Inc. (NASDAQ:STRO) shares are trading lower on Wednesday as the company faces challenges following its recent update on the STRO-004 Phase 1 study.

benzinga.com - 2026-08-12 14:04:14

Sutro Biopharma Reports Second Quarter 2026 Financial Results and Provides Early Update on STRO-004 Phase 1 Study

– Encouraging early clinical activity i ncluding confirmed and ongoing unconfirmed partial responses with favorable tolerability, and pharmacokinetics (PK) observed in ongoing STRO-004 Phase 1 study – – Strong execution of STRO-004 STRIVE-01 study with rapid enrollment of initial dose escalation cohorts within 7 months; dose optimization ongoing between 4-5 mg/kg – –   STRO-006, next-generation integrin 6 (ITGB6)-targeting ADC, is on track to enter the clinic in the third quarter of 2026 – – Second dual-payload iADC program from Sutro's platform under Astellas collaboration expected to enter the clinic in the second half of 2026 – – Strong balance sheet with $164.3 million in cash, cash equivalents and marketable securities as of June 30, 2026, expected to support operations into at least the second quarter of 2028 – SOUTH SAN FRANCISCO, Calif., Aug. 12, 2026 (GLOBE NEWSWIRE) -- Sutro Biopharma, Inc. (Sutro or the Company) (NASDAQ: STRO), a clinical-stage oncology company pioneering site-specific and novel-format antibody drug conjugates (ADCs), today reported its financial results for the second quarter ended June 30, 2026 and recent business highlights.

globenewswire.com - 2026-08-12 07:00:00

Here Are Friday’s Top Wall Street Analyst Research Calls: Baker Hughes, Etsy, HubSpot, Instacart, JetBlue, Roku, SpaceX, Tower Semiconductor, Trade Desk, and More

Wall Street analysts reshuffled their ratings on Friday with some bold calls that could move money fast, including a dramatic target cut on Trade Desk and a fresh Buy on SpaceX as markets brace for next week's inflation data.

247wallst.com - 2026-08-07 07:51:24

Affinity Asset Advisors LLC Grows Stock Holdings in Sutro Biopharma, Inc. $STRO

Affinity Asset Advisors LLC grew its holdings in shares of Sutro Biopharma, Inc. (NASDAQ: STRO) by 42.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,069,519 shares of the company's stock after purchasing an additional 321,137 shares during the

defenseworld.net - 2026-07-25 04:05:36

Sutro Biopharma Reports First Quarter 2026 Financial Results and Business Highlights

– On track to report initial safety, PK and early activity from Phase 1 dose-escalation trial of STRO-004, potential best-in-class Tissue Factor ADC, in mid-2026 – – Continued advancement of wholly-owned pipeline, including ITGB6 ADC STRO-006 and dual-payload PTK7 program STRO-227, with IND submissions planned in 2026 – – First dual-payload iADC from Sutro's platform entered the clinic under Astellas collaboration; patient dosing underway – – Strong balance sheet with $202.6 million in cash, cash equivalents and marketable securities as of March 31, 2026; including gross proceeds from the recent capital raise, supporting operations into at least the second quarter of 2028 – SOUTH SAN FRANCISCO, Calif., May 14, 2026 (GLOBE NEWSWIRE) -- Sutro Biopharma, Inc. (Sutro or the Company) (NASDAQ: STRO), a clinical-stage oncology company pioneering site-specific and novel-format antibody drug conjugates (ADCs), today reported its financial results for the first quarter of 2026 and recent business highlights.

globenewswire.com - 2026-05-14 16:05:00

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STRO Price Target Summary

Last Month

$48.00

1 analysts

Last Quarter

$51.17

6 analysts

Last Year

$51.00

7 analysts

All Time

$101.42

19 analysts

STRO Recent Analyst Grades

Date Analyst Firm Action Previous Grade New Grade
2026-05-15 HC Wainwright & Co. Maintain Buy Buy
2026-05-15 Wedbush Upgrade Neutral Outperform
2026-05-15 Leerink Partners Maintain Outperform Outperform
2026-04-23 Citizens Maintain Market Outperform Market Outperform
2026-04-17 Citizens Maintain Market Outperform Market Outperform
2026-03-25 Deutsche Bank Maintain Buy Buy
2026-03-24 Wells Fargo Upgrade Equal Weight Overweight
2026-03-24 HC Wainwright & Co. Upgrade Neutral Buy
2026-01-20 Citizens Upgrade Market Perform Market Outperform