Forte Biosciences, Inc.(FBRX)Stock Analysis
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Not in ranked universe
Below size threshold
Below the main board's size threshold of $25M annual revenue or $100M total assets. This company reported $18.0M in revenue and is scored on the micro-cap board instead.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
FBRX Stock Analysis & AI Quality Score
Data updated 2026-07-26AI stock analysis and institutional research for Forte Biosciences, Inc. (FBRX), a Healthcare sector company. FBRX is not currently included in 13F Pro's AI-ranked quality universe — below the main board's size threshold of $25m annual revenue or $100m total assets. this company reported $18.0m in revenue and is scored on the micro-cap board instead. Based on the latest XBRL financial filings (Q2 2026), Forte Biosciences, Inc. reports net income of $-23.3M, free cash flow of $-22.7M. Top institutional holders of FBRX by reported 13-F value include FEDERATED HERMES, ORBIMED ADVISORS, FRED ALGER MANAGEMENT, based on the most recent SEC filings. FBRX trades on the Nasdaq exchange and files with the SEC under CIK 1419041. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate FBRX daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Forte Biosciences, Inc. directly from SEC EDGAR.
Net Income
Q2 2026
$-23.3M
Free Cash Flow
Q2 2026
$-22.7M
ROIC
Q2 2026
-53.5%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · ProNet Income
-95.5% YoYOperating Income
-93.0% YoYEPS (Diluted)
+22.6% YoYTotal Assets
+34.5% YoYOp. Cash Flow
-65.5% YoYFree Cash Flow
-65.7% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Income | $-69.4M -95.5% | $-35.5M -12.7% | $-31.5M -126.8% | $-13.9M +36.1% | $-21.7M +53.3% | $-46.5M |
| Operating Income | $-70.7M -93.0% | $-36.6M -12.7% | $-32.5M -133.8% | $-13.9M +35.3% | $-21.5M +53.6% | $-46.3M |
| EPS (Diluted) | $-4.71 +22.6% | $-6.08 +51.2% | $-12.46 -1457.5% | $-0.80 +48.4% | $-1.55 | — |
| Total Assets | $82.8M +34.5% | $61.6M +57.9% | $39.0M -7.2% | $42.0M -3.0% | $43.3M -29.3% | $61.2M |
| Operating Cash Flow | $-50.9M -65.5% | $-30.7M -7.1% | $-28.7M -250.7% | $-8.2M +50.9% | $-16.7M +9.5% | $-18.4M |
| Free Cash Flow | $-51.0M -65.7% | $-30.8M -6.9% | $-28.8M | — | — | — |
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Available Research
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Top Institutional Holders of FBRX
FEDERATED HERMES, INC.
$44.8M2,110,516 shORBIMED ADVISORS LLC
$33.5M1,577,705 shFRED ALGER MANAGEMENT, LLC
$30.6M1,439,697 shJupiter Topco LLC
$29.2M1,373,060 shBlackRock, Inc.
$26.0M1,222,862 shAffinity Asset Advisors, LLC
$24.3M1,145,391 shMPM BioImpact LLC
$21.0M987,448 shTCG Crossover Management, LLC
$19.6M920,000 shVANGUARD CAPITAL MANAGEMENT LLC
$18.3M861,737 shWoodline Partners LP
$15.1M712,753 sh
| Fund | Value | Shares |
|---|---|---|
| FEDERATED HERMES, INC. | $44.8M | 2,110,516 |
| ORBIMED ADVISORS LLC | $33.5M | 1,577,705 |
| FRED ALGER MANAGEMENT, LLC | $30.6M | 1,439,697 |
| Jupiter Topco LLC | $29.2M | 1,373,060 |
| BlackRock, Inc. | $26.0M | 1,222,862 |
| Affinity Asset Advisors, LLC | $24.3M | 1,145,391 |
| MPM BioImpact LLC | $21.0M | 987,448 |
| TCG Crossover Management, LLC | $19.6M | 920,000 |
| VANGUARD CAPITAL MANAGEMENT LLC | $18.3M | 861,737 |
| Woodline Partners LP | $15.1M | 712,753 |
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Popular Research
Is FBRX a good stock to buy?
13F Pro's AI-powered analysis of Forte Biosciences, Inc. (FBRX) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for FBRX are available on the FBRX stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. FBRX is classified as a small company.
Which hedge funds own FBRX?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling FBRX. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Forte Biosciences, Inc.'s investment landscape.