BLTE

Belite Bio

65.34 USD
+1.72
2.70%
Updated Aug 26, 10:05 AM EDT
1 day
2.70%
5 days
6.59%
1 month
5.30%
3 months
6.02%
6 months
17.73%
Year to date
0.90%
1 year
33.35%
5 years
517.00%
10 years
517.00%
 

About: Belite Bio Inc is a clinical-stage biopharmaceutical drug development company focused on novel therapeutics targeting untreatable eye diseases involving retinal degeneration such as atrophic age-related macular degeneration and autosomal recessive Stargardt disease or STGD1, both of which progressively to permanent blindness, and metabolic diseases such as non-alcoholic fatty liver disease, or NAFLD, nonalcoholic steatohepatitis, or NASH, type 2 diabetes, or T2D, and gout.

Employees: 25

0
Funds holding %
of 7,430 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

20% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 5

0% more funds holding

Funds holding: 18 [Q1] → 18 (+0) [Q2]

0% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 6

0.22% less ownership

Funds ownership: 0.46% [Q1] → 0.25% (-0.22%) [Q2]

55% less capital invested

Capital invested by funds: $9.91M [Q1] → $4.51M (-$5.4M) [Q2]

Research analyst outlook

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

Low target
$100
53%
upside
Avg. target
$100
53%
upside
High target
$100
53%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
HC Wainwright & Co.
Yi Chen
53%upside
$100
Buy
Reiterated
3 Jul 2025

Financial journalist opinion

Based on 4 articles about BLTE published over the past 30 days

Neutral
Seeking Alpha
2 weeks ago
Belite Bio, Inc (BLTE) Q2 2025 Earnings Call Transcript
Belite Bio, Inc (NASDAQ:BLTE ) Q2 2025 Earnings Conference Call August 11, 2025 4:30 PM ET Company Participants Hao-Yuan Chuang - CFO & Director Hendrik P.N. Scholl - Chief Medical Officer Nathan L.
Belite Bio, Inc (BLTE) Q2 2025 Earnings Call Transcript
Neutral
GlobeNewsWire
2 weeks ago
Belite Bio Reports Second Quarter 2025 Financial Results and Provides a Corporate Update
SAN DIEGO, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Belite Bio, Inc (NASDAQ: BLTE), a clinical-stage drug development company focused on advancing novel therapeutics targeting degenerative retinal diseases that have significant unmet medical needs, today announced its financial results for the second quarter ended June 30, 2025, and provided a general business update.
Belite Bio Reports Second Quarter 2025 Financial Results and Provides a Corporate Update
Neutral
GlobeNewsWire
2 weeks ago
Belite Bio Announces Registered Direct Offering of $15 Million
SAN DIEGO, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Belite Bio, Inc ("BLTE" or the "Company") (Nasdaq: BLTE), a clinical-stage drug development company focused on advancing novel therapeutics targeting degenerative retinal diseases that have significant unmet medical needs, today announced that it has entered into a securities purchase agreement for the purchase and sale of 230,770 American Depositary Shares (“ADSs”) and warrants to purchase 230,770 ADSs, at a purchase price of $65 per ADS and accompanying warrant, pursuant to a registered direct offering. The offering is expected to result in gross proceeds of approximately $15 million, before deducting offering expenses, as well as the potential for additional proceeds of approximately $15 million from the exercise of five-year warrants issued in the offering. The closing of the offering is expected to occur on or about August 8, 2025, subject to the satisfaction of customary closing conditions.
Belite Bio Announces Registered Direct Offering of $15 Million
Negative
Zacks Investment Research
3 weeks ago
New Strong Sell Stocks for August 4th
BBCP, BLTE and CWH have been added to the Zacks Rank #5 (Strong Sell) List on August 4, 2025.
New Strong Sell Stocks for August 4th
Negative
Zacks Investment Research
1 month ago
New Strong Sell Stocks for July 22nd
BLTE, DDD and ANNX have been added to the Zacks Rank #5 (Strong Sell) List on July 22, 2025.
New Strong Sell Stocks for July 22nd
Neutral
GlobeNewsWire
1 month ago
Belite Bio Announces Completion of Enrollment in the Pivotal Global Phase 3 PHOENIX Trial Evaluating Oral Tinlarebant in Geographic Atrophy
-  500 subjects enrolled across the United States, the United Kingdom, France, Czech Republic, Switzerland, China, Taiwan, and Australia
Belite Bio Announces Completion of Enrollment in the Pivotal Global Phase 3 PHOENIX Trial Evaluating Oral Tinlarebant in Geographic Atrophy
Neutral
GlobeNewsWire
3 months ago
Belite Bio Announces FDA Granting of Breakthrough Therapy Designation for Tinlarebant for the Treatment of Stargardt Disease
SAN DIEGO, May 21, 2025 (GLOBE NEWSWIRE) -- Belite Bio, Inc. (NASDAQ: BLTE), a clinical-stage biopharmaceutical drug development company focused on advancing novel therapeutics targeting degenerative retinal diseases that have significant unmet medical needs, today announced that the U.S. Food and Drug Administration (FDA) has granted Breakthrough Therapy Designation for Tinlarebant for the treatment of Stargardt disease (STGD1) based on the previously reported interim data from the ongoing Phase 3 DRAGON trial. There are currently no approved treatments for STGD1.
Belite Bio Announces FDA Granting of Breakthrough Therapy Designation for Tinlarebant for the Treatment of Stargardt Disease
Positive
Seeking Alpha
3 months ago
Belite Bio: Investors Face Tricky Decision Ahead Of Key STGD1 Study Readout
Belite Bio's lead drug, Tinlarebant, shows promise in rare eye diseases, but pivotal data and regulatory approval remain at least 18 months away in my view. The DRAGON study's interim analysis is encouraging, but assumptions of success are risky given the small STGD1 market and lack of robust clinical data. Belite's $2bn valuation appears to price in success for both STGD1 and GA, yet GA efficacy data is lacking and competition is fierce.
Belite Bio: Investors Face Tricky Decision Ahead Of Key STGD1 Study Readout
Neutral
Seeking Alpha
3 months ago
Belite Bio, Inc (BLTE) Q1 2025 Earnings Call Transcript
Belite Bio, Inc (NASDAQ:BLTE ) Q1 2025 Earnings Conference Call May 14, 2025 4:30 PM ET Company Participants Julie Fallon - Investor Relations Tom Lin - Chairman and Chief Executive Officer Nathan Mata - Chief Scientific Officer Hendrik Scholl - Chief Medical Officer Hao-Yuan Chuang - Chief Financial Officer Conference Call Participants Basma Radwan - Leerink Partners Jennifer Kim - Cantor Yi Chen - HCW Bruce Jackson - Benchmark Michael Okunewitch - Maxim Operator Ladies and gentlemen, thank you for joining us, and welcome to the Belite Bio First Quarter 2025 Earnings Call. After today's prepared remarks, we will host a question-and-answer session.
Belite Bio, Inc (BLTE) Q1 2025 Earnings Call Transcript
Neutral
GlobeNewsWire
3 months ago
Belite Bio Reports First Quarter 2025 Financial Results and Provides Corporate Update
SAN DIEGO, May 13, 2025 (GLOBE NEWSWIRE) -- Belite Bio, Inc (NASDAQ: BLTE), a clinical-stage biopharmaceutical drug development company focused on advancing novel therapeutics targeting degenerative retinal diseases that have significant unmet medical needs, today announced its financial results for the first quarter ended March 31, 2025, and provided a business update.
Belite Bio Reports First Quarter 2025 Financial Results and Provides Corporate Update
Charts implemented using Lightweight Charts™