SUTRO BIOPHARMA, INC.(STRO)Stock Analysis
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Rank #2,372 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
STRO Stock Analysis & AI Quality Score
AI stock analysis and institutional research for SUTRO BIOPHARMA, INC. (STRO), a Healthcare sector company. 13F Pro's AI-powered ranking engine scores STRO at 30.1/100 on a 32-signal composite quality model, placing it at rank #2,372 of 2,879 stocks — the bottom half of the AI-ranked universe. STRO scores in the top quartile across institutional flow (99.9), revenue growth (90.8). Areas of concern include balance sheet strength (0.6) and free cash flow (5.2), which score below median versus the broader universe. Shareholder dilution risk is elevated at 13.4/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), SUTRO BIOPHARMA, INC. reports quarterly revenue of $14.5M, net income of $-38.5M, free cash flow of $-42.3M. Top institutional holders of STRO by reported 13-F value include BVF /IL, Affinity Asset Advisors,, Samsara BioCapital,, based on the most recent SEC filings. STRO trades on the Nasdaq exchange and files with the SEC under CIK 1382101. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate STRO 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 SUTRO BIOPHARMA, INC. directly from SEC EDGAR. SUTRO BIOPHARMA, INC.'s 13F Pro composite quality score has ranged between 11 and 30 since 2021, currently 30.1 — an improving long-term trajectory across 30 quarterly and live scoring snapshots.
Revenue
Q1 2026
$14.5M
Net Income
Q1 2026
$-38.5M
Free Cash Flow
Q1 2026
$-42.3M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+65.2% YoYNet Income
+15.9% YoYOperating Income
+33.6% YoYEPS (Diluted)
+23.5% YoYTotal Assets
-55.1% YoYTotal Debt
Op. Cash Flow
+7.5% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $102.5M +65.2% | $62.0M -59.6% | $153.7M +148.4% | $61.9M +44.8% | $42.7M -0.0% | $42.7M |
| Net Income | $-191.0M +15.9% | $-227.0M -112.6% | $-106.8M -1.2% | $-105.5M -228.5% | $-32.1M +73.0% | $-119.2M |
| Operating Income | $-158.4M +33.6% | $-238.5M -167.1% | $-89.3M +9.4% | $-98.5M -38.7% | $-71.1M -28.1% | $-55.5M |
| EPS (Diluted) | $-22.49 +23.5% | $-29.40 -1551.7% | $-1.78 +22.3% | $-2.29 -131.3% | $-0.99 | — |
| Total Assets | $173.8M -55.1% | $387.2M -17.7% | $470.7M +37.9% | $341.4M -13.4% | $394.1M +152.0% | $156.4M |
| Total Debt | — | — | $12.2M -72.2% | $43.9M +78.7% | $24.5M +148.5% | $9.9M |
| Operating Cash Flow | $-177.2M +7.5% | $-191.5M -71.6% | $-111.6M -36.7% | $-81.7M -20.5% | $-67.8M -4.3% | $-65.0M |
AI Insight: STRO Financial Trends
Sutro is burning cash and equity while revenue remains volatile—company has turned insolvent and lacks a clear path to profitability.
• Revenue highly volatile: $26M (Q2 2024) to $9M (Q3 2024), peaked at $64M (Q2 2025), then collapsed to $10–15M range (Q3 2025–Q1 2026).
• Operating losses narrowed from $49–$69M per quarter (Q2–Q4 2024) to $30–$48M (Q3 2025–Q1 2026), but only modestly.
• Equity swung sharply negative: $152M (Q2 2024) to $-132M (Q4 2025), indicating liabilities now exceed assets by material amount.
⚠ Operating cash flow deeply negative in most quarters; only Q2 2024 posted $9M positive CF amid massive operating losses.
⚠ Q2 2025 anomaly: $64M revenue spike did not improve profitability or cash generation; sustainability unclear.
⚠ Insolvency since Q1 2025; company has no visible debt on balance sheet but shareholders' equity remains deeply underwater.
AI Insight: STRO Ratio Trends
Sutro swung to near-breakeven operating margin in Q2 2025 after severe losses, but profitability remains elusive and data gaps obscure recent trajectory.
• Operating margin improved dramatically from -189.4% in Q2 2024 to -5.2% in Q2 2025, signaling meaningful progress toward cash flow positivity.
• Net profit margin narrowed from -186.8% in Q2 2024 to -18.0% in Q2 2025, reflecting better cost control despite ongoing losses.
• ROA remains deeply negative at -63.6% TTM and -17.5% in Q2 2025, indicating the company continues destroying shareholder capital.
⚠ Data gaps in Q3 2025 and Q4 2025 prevent assessment of whether Q2 2025's margin recovery sustained or reversed.
⚠ TTM operating margin of -120.0% vs. Q2 2025 of -5.2% suggests significant seasonal or one-time items masking underlying burn.
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Available Research
13F Pro tracks comprehensive data for SUTRO BIOPHARMA, INC. including:
Top Institutional Holders of STRO
BVF INC/IL
$31.2M1,251,788 shAffinity Asset Advisors, LLC
$26.6M1,069,519 shSamsara BioCapital, LLC
$26.5M1,062,872 shKynam Capital Management, LP
$21.7M872,558 shORBIMED ADVISORS LLC
$20.0M801,144 shVANGUARD CAPITAL MANAGEMENT LLC
$17.9M720,442 shEVENTIDE ASSET MANAGEMENT, LLC
$17.8M715,307 shPERCEPTIVE ADVISORS LLC
$17.8M715,307 shRA CAPITAL MANAGEMENT, L.P.
$17.8M715,307 shPoint72 Asset Management, L.P.
$17.2M692,111 sh
| Fund | Value | Shares |
|---|---|---|
| BVF INC/IL | $31.2M | 1,251,788 |
| Affinity Asset Advisors, LLC | $26.6M | 1,069,519 |
| Samsara BioCapital, LLC | $26.5M | 1,062,872 |
| Kynam Capital Management, LP | $21.7M | 872,558 |
| ORBIMED ADVISORS LLC | $20.0M | 801,144 |
| VANGUARD CAPITAL MANAGEMENT LLC | $17.9M | 720,442 |
| EVENTIDE ASSET MANAGEMENT, LLC | $17.8M | 715,307 |
| PERCEPTIVE ADVISORS LLC | $17.8M | 715,307 |
| RA CAPITAL MANAGEMENT, L.P. | $17.8M | 715,307 |
| Point72 Asset Management, L.P. | $17.2M | 692,111 |
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Popular Research
Is STRO a good stock to buy?
13F Pro's AI-powered analysis of SUTRO BIOPHARMA, INC. (STRO) 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 STRO are available on the STRO 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.
Which hedge funds own STRO?
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 STRO. 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 SUTRO BIOPHARMA, INC.'s investment landscape.