CUE stock icon

Cue Biopharma

1.39 USD
+0.23
19.83%
At close Oct 7, 4:00 PM EDT
After hours
1.33
-0.06
4.32%
1 day
19.83%
5 days
80.52%
1 month
144.29%
3 months
42.29%
6 months
-31.86%
Year to date
-50.00%
1 year
-31.86%
5 years
-81.97%
 

About: Cue Biopharma Inc is a clinical-stage biopharmaceutical company. It is developing a novel and proprietary class of biologics drugs for the selective modulation of the human immune system to treat a broad range of cancers and autoimmune disorders. Its objective is to provide patients suffering from cancer and autoimmune disease with dramatically improved therapeutic outcomes through the platform of biologic drug product candidates. The other products under pipeline are CUE-101 as a Monotherapy, CUE-101 + Pembrolizumab, CUE-102, CUE-103 and others.

Employees: 53

0
Funds holding %
of 6,740 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

1,450% more call options, than puts

Call options by funds: $279K | Put options by funds: $18K

4% less funds holding

Funds holding: 77 [Q1] → 74 (-3) [Q2]

8.28% less ownership

Funds ownership: 36.66% [Q1] → 28.37% (-8.28%) [Q2]

14% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 22

32% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 22

45% less capital invested

Capital invested by funds: $31.3M [Q1] → $17.1M (-$14.1M) [Q2]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$2
44%
upside
Avg. target
$3
116%
upside
High target
$4
188%
upside

3 analyst ratings

positive
100%
neutral
0%
negative
0%
Stifel
Stephen Willey
33% 1-year accuracy
5 / 15 met price target
188%upside
$4
Buy
Maintained
20 Aug 2024
JMP Securities
Reni Benjamin
32% 1-year accuracy
11 / 34 met price target
44%upside
$2
Market Outperform
Maintained
26 Jul 2024
Piper Sandler
Edward Tenthoff
34% 1-year accuracy
13 / 38 met price target
116%upside
$3
Overweight
Maintained
26 Jul 2024

Financial journalist opinion

Based on 5 articles about CUE published over the past 30 days

Neutral
GlobeNewsWire
1 week ago
Cue Biopharma Announces Pricing of $12.0 Million Public Offering
BOSTON, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Cue Biopharma, Inc. (Nasdaq: CUE), a clinical-stage biopharmaceutical company developing a novel class of therapeutic biologics to selectively engage and modulate disease-specific T cells, today announced the pricing of an underwritten public offering of (i) 11,564,401 shares of its common stock and accompanying common stock warrants to purchase an aggregate of 2,891,100 shares of common stock and, (ii) to certain investors in lieu of common stock, pre-funded warrants to purchase 12,435,599 shares of common stock and accompanying common stock warrants to purchase an aggregate of 3,108,900 shares of common stock. Each share of common stock and accompanying common stock warrant are being sold together at a combined public offering price of $0.50, and each pre-funded warrant and accompanying common stock warrant are being sold together at a combined public offering price of $0.499. The aggregate gross proceeds of the offering are expected to be approximately $12.0 million, before deducting underwriting discounts and commissions and other offering expenses. Each pre-funded warrant will have an exercise price of $0.001 per share, will be exercisable immediately and will be exercisable until all of the pre-funded warrants are exercised in full. Each common stock warrant will have an exercise price of $0.50 per share, will be exercisable immediately and will expire five years from the date of issuance. The offering is expected to close on or about September 30, 2024, subject to satisfaction of customary closing conditions. All of the securities are being offered by Cue Biopharma.
Cue Biopharma Announces Pricing of $12.0 Million Public Offering
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