SYRE

Spyre Therapeutics, Inc.

Fundamental data last updated:October 10, 2026

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company profile

SECTOR

Healthcare

industry

Biotechnology

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

Spyre Therapeutics, Inc., a preclinical stage biotechnology company, focuses on developing therapeutics for patients living with inflammatory bowel disease (IBD). It develops SPY001, a human monoclonal immunoglobulin G1 antibody designed to bind selectively to the a4ß7 integrin being developed for the treatment of IBD (ulcerative colitis and Crohn's disease). The company is also developing SPY002, a human monoclonal antibody (mAb)candidates designed to bind to tumor necrosis factor-like ligand 1A; and SPY120, a combination of SPY001 (anti-a4ß7) and SPY002 (anti-TL1A) antibodies, which are in preclinical studies. In addition, its other early-stage programs include SPY003, an anti-IL-23 mAb; SPY004, a novel mechanism of action (MOA) mAb; SPY130, a combination of anti-a4ß7 and anti-IL-23 mAbs; and SPY230, a combination of anti-TL1A and anti-IL-23 mAbs. The company was formerly known as Aeglea BioTherapeutics, Inc. and changed its name to Spyre Therapeutics, Inc. in November 2023. Spyre Therapeutics, Inc. was incorporated in 2013 and is based in Waltham, Massachusetts.

 


VALUATION

P/E

-139.07

Market Cap ($M USD)

$4.36B

Forward P/E

-18.55

PEG

0.03

PRICE TO SALES

48.13

PRICE TO BOOK

37.20

EV / EBITDA

-21.16

5-Year Average P/E

Free Cash Flow Yield

-4.27%

DCF Value

$0.23

Graham Number

N/A

Price to FCF

-23.44

EV to FCF

-22.92

Earnings Yield

-0.72%

FCF Yield

-4.27%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

0.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

-$0.52

Next Year EPS Growth Estimate

-$3.89

Next Year Revenue Growth Estimate

$121.03M

Return on Equity (ROE)

-31.25%

FREE CASH FLOW

Operating Margin

-255.97%

Debt-to-Equity

0.00

Piotroski F-Score

2

Altman Z-Score

26.93

Return on Invested Capital (ROIC)

-34.12%

Current Ratio

8.97

Quick Ratio

8.97

Net Debt to EBITDA

0.48

Interest Coverage

0.00

Gross Profit margin

0.00%

FCF PER SHARE

$-0.54

REVENUE PER SHARE

$0.26

Gainseekers Quantitative Analysis

Summary

SYRE Spyre Therapeutics, Inc. appears to be a speculative bet rather than a value play. The market has priced it significantly above its DCF value, suggesting a disconnect between current expectations and intrinsic worth. With a Forward P/E of -18.99 and an Earnings Yield in negative territory, profitability is a distant dream. However, the Altman Z-score of 27.32 indicates financial stability, a rare bright spot in an otherwise bleak financial landscape. The stock’s valuation is stretched, and the market seems to be banking on a turnaround that is far from guaranteed.

AI Exposure / Tech Reliance

In the fast-evolving world of biotechnology, SYRE is well-positioned to leverage AI for drug discovery and personalized medicine. The industry's inherent focus on innovation aligns with tech advancements, potentially offering SYRE a competitive edge. However, execution will be key to capitalizing on these opportunities.

The Bull Case

For the optimistic investor, SYRE's zero debt and high current ratio of 8.97 offer a fortress-like balance sheet. Despite a dismal ROIC of -34.12%, the company's ability to sustain operations without leverage is a plus. The Piotroski F-Score of 2 is low, yet the massive projected sales growth could signal untapped potential. If management can harness this growth, the stock might justify its lofty valuation.

The Bear Case

The bear case for SYRE is glaring. With a Price/Sales ratio of 50.09 and a Price/Book of 38.71, the stock is priced for perfection without delivering on profitability. The negative FCF Yield and Operating Margin of -255.97% highlight severe cash flow issues. Trading near its 52-week high, the stock is technically overextended, making it a risky proposition for conservative investors.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$85.45

Institutional Ownership %

1-Year Beta

3.13

Insider Buying % (6 Mo)

Distance to 52-Week High

9.28%

Distance to 52-Week Low

80.68%

EARNINGS SURPRISE %

-12.12%

50-DAY SMA

$63.33

200-DAY SMA

$36.31

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.