
STRO Stock Forecast & Price Target
STRO Analyst Ratings
Bulls say
Sutro Biopharma Inc. has demonstrated promising advancements in its clinical pipeline, notably with STRO-004, which revealed improved safety profiles and enhanced anti-tumor efficacy compared to competitors, suggesting strong potential for patient outcomes and marketability. The company is strategically optimizing its capital allocation through a significant workforce reduction of approximately 50%, which is projected to lead to a substantial decrease in operating expenses by 50-70% starting in the second quarter of 2025. Additionally, the unveiling of the STRO-006 program, showcasing enhanced characteristics in its antibody design, positions Sutro favorably in the biopharmaceutical landscape as it aims for long-term growth while pursuing financial sustainability through 2026.
Bears say
Sutro Biopharma is facing significant challenges that contribute to a negative outlook on its stock, primarily due to disappointing clinical results from its lead antibody-drug conjugate (ADC) candidates, which could result in lower market penetration and prolonged timelines for regulatory approval. The company reported a substantial net loss of $227.4 million for FY24, thus impacting investor confidence, and the reduction in workforce and discontinuation of the luvelta program further underscore difficulties in executing its development strategy. Additionally, the company’s cash reserves have decreased, indicating potential liquidity concerns, which, combined with competitive and regulatory risks, complicate its financial standing and market position.
This aggregate rating is based on analysts' research of Sutro Biopharma Inc and is not a guaranteed prediction by Public.com or investment advice.
STRO Analyst Forecast & Price Prediction
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