Q32 Bio combines exceptional fundamental quality, a perfect earnings-beat streak, and roughly 133% modeled upside to its analyst target with momentum sitting right at the engine's pass/fail gate and a short-squeeze setup the engine still flags as needing validation.
Thesis pillars
- High Quality Compounder Fundamentals→Stable
- Large Upside To Analyst Target→Stable
- Momentum Right At The Gate Threshold→Stable
- +2 more pillars — see the Why tab for full reasoning
Q32 Bio Inc. (QTTB) Stock Analysis
Inst Constrain edge
Conditional: momentum 5.7/10 (below 6.0 threshold), analysts disagree (1.6× target spread) — below strong-conviction threshold. Size accordingly.
Healthcare · Biotechnology
Buy now at $15.89. A.R:R 11.5:1 at $15.89 — the engine's gate value (upside to target $36.34 vs. downside set by the wider of 2×ATR or distance-to-support, clipped 5-15%). You'd stand to gain ~$20 per share to target.
Q32 Bio is a clinical-stage biotechnology company developing bempikibart, an anti-IL-7Rα monoclonal antibody for alopecia areata, following Phase 2a trials showing greater hair regrowth versus placebo. The company has no approved products or product revenue and sold its ADX-097... Read more
Buy now at $15.89. A.R:R 11.5:1 at $15.89 — the engine's gate value (upside to target $36.34 vs. downside set by the wider of 2×ATR or distance-to-support, clipped 5-15%). You'd stand to gain ~$20 per share to target. Chart setup: No clear chart pattern; technical signals are mixed. Value play: 66% MoS with quality 8.2. Score 6.8/10, moderate confidence.
Passes 9/9 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity no date, semi cycle peak clear, materials cycle peak clear, sector concentration cap sector=healthcare 3/10 self excluded). Suitability: speculative.
About Q32 Bio Inc.
About Q32 Bio Inc.
Q32 Bio's lead program, bempikibart, is advancing through the open-label Part B of the SIGNAL-AA Phase 2a trial in alopecia areata, with 33 patients enrolled and 36-week topline data expected in mid-2026; the FDA granted the drug Fast Track designation in April 2025. The company has no approved products and no product revenue, reporting net income of $29.8 million for fiscal 2025 driven entirely by one-time collaboration revenue from an amendment with Amgen rather than commercial sales.
Q32 Bio has generated no product revenue to date and funds operations through private equity and debt financings, cash on hand, and one-time payments from partners; it expects existing cash plus proceeds from a February 2026 registered direct offering and guaranteed near-term Akebia milestones to fund operations into the fourth quarter of 2027. Bempikibart itself is developed under an exclusive license from Bristol-Myers Squibb, under which Q32 paid an $8 million upfront fee and owes up to $49 million in development and regulatory milestones per indication, up to $215 million in commercial milestones, and tiered royalties up to 10% of net sales. The company relies on third-party CDMOs and CROs to manufacture bempikibart and run its clinical trials rather than owning commercial-scale manufacturing capacity.
Show full overview
Bempikibart's binary trial risk is not hypothetical: in the SIGNAL-AD Phase 2a trial for atopic dermatitis, the same drug hit its endpoint in the smaller Part A cohort but missed the primary endpoint in the 106-patient Part B cohort, and Q32 subsequently narrowed its focus to alopecia areata alone. With no other clinical-stage franchise beyond the early-stage ADX-096 complement platform retained after the Akebia divestiture, the mid-2026 SIGNAL-AA Part B readout in 33 patients functions as a near-single-asset catalyst for a company with no approved products or ongoing commercial revenue.
See also: Healthcare · Biotechnology
From Q32 Bio Inc.'s most recent 10-K filing, extracted August 2, 2026.
Recent developments
updated 2026-08-22Recent Developments — Q32 Bio Inc.
Latest news
- NEWS QTTB|Q32 Bio Inc|Price:14.570|Chg%:-1.140 - TradingKey — TradingKey neutral
- NEWS QTTB|Q32 Bio Inc|Price:15.670|Chg%:+0.460 - TradingKey — TradingKey neutral
- NEWS QTTB|Q32 Bio Inc|Price:15.670|Chg%:+0.460 - tradingkey.com — tradingkey.com neutral
- NEWS H.C. Wainwright Maintains Q32 Bio(QTTB.US) With Buy Rating, Maintains Target Price $36 - Moomoo — Moomoo positive
- NEWS H.C. Wainwright Maintains Q32 Bio(QTTB.US) With Buy Rating, Maintains Target Price $36 - moomoo.com — moomoo.com positive
Generated 2026-08-23T01:38:45Z.
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker·1 ceiling hit
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Analyst Consensus
Earnings
Verdict History
Frequently Asked Questions
Buy now at $15.89. A.R:R 11.5:1 at $15.89 — the engine's gate value (upside to target $36.34 vs. downside set by the wider of 2×ATR or distance-to-support, clipped 5-15%). You'd stand to gain ~$20 per share to target. Chart setup: No clear chart pattern; technical signals are mixed. Value play: 66% MoS with quality 8.2. Target $36.34 (+128.7%), stop $14.85 (−7.0%), A.R:R 11.5:1. Score 6.8/10, moderate confidence.
Take-profit target: $36.34 (+127.5% upside). Target $36.34 (+128.7%), stop $14.85 (−7.0%), A.R:R 11.5:1. Stop-loss: $14.85.
Q32 Bio Inc. trades at a P/E of 5.1 (forward -15.7). TrendMatrix value score: 7.5/10. Verdict: Strong Buy.
11 analysts cover QTTB with a consensus score of 4.2/5. Average price target: $43.
What does Q32 Bio Inc. do?Q32 Bio is a clinical-stage biotechnology company developing bempikibart, an anti-IL-7Rα monoclonal antibody for...
Q32 Bio is a clinical-stage biotechnology company developing bempikibart, an anti-IL-7Rα monoclonal antibody for alopecia areata, following Phase 2a trials showing greater hair regrowth versus placebo. The company has no approved products or product revenue and sold its ADX-097 complement-inhibitor program to Akebia Therapeutics in November 2025, retaining bempikibart and its early-stage ADX-096 platform.