Upstream Bio (UPB) to Release Earnings on Thursday

Upstream Bio (NASDAQ:UPBGet Free Report) is projected to release its earnings data before the market opens on Thursday, February 6th. Analysts expect Upstream Bio to post earnings of ($0.62) per share for the quarter.

Upstream Bio (NASDAQ:UPBGet Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported ($6.96) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.58) by ($6.38). The firm had revenue of $0.61 million during the quarter, compared to analyst estimates of $0.83 million. On average, analysts expect Upstream Bio to post $-4 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Upstream Bio Trading Down 7.8 %

NASDAQ UPB opened at $9.93 on Tuesday. The stock’s 50-day simple moving average is $16.57. Upstream Bio has a twelve month low of $9.29 and a twelve month high of $29.46.

Analysts Set New Price Targets

UPB has been the subject of a number of research reports. Piper Sandler started coverage on Upstream Bio in a report on Tuesday, November 5th. They set an “overweight” rating and a $75.00 target price for the company. William Blair initiated coverage on Upstream Bio in a research report on Tuesday, November 5th. They issued an “outperform” rating for the company. JPMorgan Chase & Co. started coverage on shares of Upstream Bio in a research note on Tuesday, November 5th. They set an “overweight” rating and a $38.00 price objective on the stock. Finally, TD Cowen began coverage on shares of Upstream Bio in a research note on Tuesday, November 5th. They set a “buy” rating on the stock.

Read Our Latest Stock Analysis on UPB

About Upstream Bio

(Get Free Report)

Upstream Bio, Inc, a clinical-stage biotechnology company, develops treatments for inflammatory diseases that focuses on severe respiratory disorders. It develops verekitug, a monoclonal antibody that targets and inhibits the thymic stromal lymphopoietin receptor. The company also develops therapies to treat severe asthma, chronic rhinosinusitis with nasal polyps, and chronic obstructive pulmonary disease.

Further Reading

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