NASDAQ:FWBI First Wave BioPharma - FWBI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding First Wave BioPharma, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $2.68 +0.08 (+3.08%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$2.59▼$2.8750-Day Range$2.49▼$5.8652-Week Range$2.49▼$289.80Volume29,417 shsAverage Volume77,467 shsMarket Capitalization$4.15 millionP/E RatioN/ADividend YieldN/APrice Target$18.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media First Wave BioPharma MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside5,273.1% Upside$144.00 Price TargetShort InterestHealthy4.73% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($6.22) to ($2.87) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.89 out of 5 stars 3.5 Analyst's Opinion Consensus RatingFirst Wave BioPharma has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $144.00, First Wave BioPharma has a forecasted upside of 5,273.1% from its current price of $2.68.Amount of Analyst CoverageFirst Wave BioPharma has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.73% of the float of First Wave BioPharma has been sold short.Short Interest Ratio / Days to CoverFirst Wave BioPharma has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in First Wave BioPharma has recently decreased by 4.43%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldFirst Wave BioPharma does not currently pay a dividend.Dividend GrowthFirst Wave BioPharma does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FWBI. Previous Next 0.0 News and Social Media Coverage Search InterestOnly 5 people have searched for FWBI on MarketBeat in the last 30 days. This is a decrease of -86% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added First Wave BioPharma to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Wave BioPharma insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.39% of the stock of First Wave BioPharma is held by insiders.Percentage Held by InstitutionsOnly 1.98% of the stock of First Wave BioPharma is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for First Wave BioPharma are expected to grow in the coming year, from ($6.22) to ($2.87) per share.Price to Book Value per Share RatioFirst Wave BioPharma has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About First Wave BioPharma (NASDAQ:FWBI) StockFirst Wave Biopharma, Inc. is a clinical stage biopharmaceutical company, which engages in the research and development of non-systemic therapies for the treatment of gastrointestinal diseases. The firm is involved in a therapeutic development pipeline populated with multiple clinical stage programs built around its proprietary technologies, such as Niclosamide, an oral small molecule with anti-viral and anti-inflammatory properties, and the biologic Adrulipase, a recombinant lipase enzyme designed to enable the digestion of fats and other nutrients. Its programs include FW-UP, FW-UC, FW-CD, FW-COV, FW-ICI-AC, MS1819, COVID-19 GI infections, and FW-EPI. The company was founded on January 30, 2014 and is headquartered in Boca Raton, FL.Read More Receive FWBI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Wave BioPharma and its competitors with MarketBeat's FREE daily newsletter. Email Address FWBI Stock News HeadlinesMarch 13, 2023 | finance.yahoo.comFirst Wave BioPharma Announces $4.0 Million Private Placement Priced At-The-Market under Nasdaq RulesMarch 10, 2023 | msn.comFWBI Rises on First Patient Dosing in Cystic Fibrosis TrialApril 2, 2023 | Vantage Point (Ad)Did You See These Trend Reversals?Get ready for a potentially shocking and unprecedented announcement from the Fed meeting on May 3rd. This could cause many retail and industry traders to resort to drastic measures. One swift stroke could make popular assets plummet, BUT… there’s a straightforward solution to act now to protect your family and wealth. March 10, 2023 | finance.yahoo.comFirst Wave BioPharma Announces Second Patient Dosed in Phase 2 SPAN Clinical Trial of Enhanced Adrulipase Formulation in Cystic FibrosisMarch 9, 2023 | markets.businessinsider.comH.C. Wainwright Sticks to Their Buy Rating for First Wave Bio (FWBI)March 9, 2023 | finance.yahoo.comFirst Wave BioPharma Announces First Patient Dosed in Phase 2 SPAN Clinical Trial of Enhanced Adrulipase FormulationFebruary 21, 2023 | finance.yahoo.comFirst Wave BioPharma Announces Phase 2 Adrulipase Combination Trial Data to be Presented at the 2023 Digestive Disease Week (DDW) ConferenceFebruary 19, 2023 | benzinga.comFirst Wave BioPharma, Inc. (NASDAQ: FWBI) Featured in Coverage of the 35th Annual Roth ConferenceApril 2, 2023 | Vantage Point (Ad)Did You See These Trend Reversals?Get ready for a potentially shocking and unprecedented announcement from the Fed meeting on May 3rd. This could cause many retail and industry traders to resort to drastic measures. One swift stroke could make popular assets plummet, BUT… there’s a straightforward solution to act now to protect your family and wealth. February 7, 2023 | finance.yahoo.comFirst Wave BioPharma Regains Compliance With Nasdaq’s Minimum Bid Price RequirementFebruary 2, 2023 | finance.yahoo.comFirst Wave BioPharma Announces First Patient Screened for Phase 2 SPAN Adrulipase Trial in Cystic FibrosisJanuary 31, 2023 | finance.yahoo.comFirst Wave BioPharma Announces Initiation of Phase 2 Trial Investigating Enhanced Adrulipase Formulation in Exocrine Pancreatic Insufficiency in Patients with Cystic FibrosisJanuary 30, 2023 | finance.yahoo.comFirst Wave BioPharma to Present at the BIO CEO & Investor ConferenceJanuary 25, 2023 | nasdaq.comFirst Wave Climbs On Expansion Of Adrulipase IP PortfolioJanuary 25, 2023 | investorplace.comWhy Is First Wave BioPharma (FWBI) Stock Up 30% Today?January 25, 2023 | finance.yahoo.comFirst Wave BioPharma Announces Expansion of Adrulipase Intellectual Property PortfolioJanuary 25, 2023 | finance.yahoo.comFirst Wave BioPharma Announces Expansion of Adrulipase Intellectual Property PortfolioJanuary 24, 2023 | finance.yahoo.comFirst Wave BioPharma to Present at Sequire Biotechnology ConferenceJanuary 16, 2023 | nasdaq.comFirst Wave (FWBI) IND Filing Under FDA's Review, Stock UpJanuary 16, 2023 | msn.comFirst Wave BioPharma says IND amendment for adrulipase is under FDA reviewJanuary 13, 2023 | markets.businessinsider.comFirst Wave BioPharma Jumps 25% On Update Of Adrulipase IND FilingJanuary 13, 2023 | finance.yahoo.comFirst Wave BioPharma Provides Update on IND Filing For Phase 2 Trial of Enhanced Microgranule Formulation of Adrulipase for Exocrine Pancreatic InsufficiencyJanuary 13, 2023 | finance.yahoo.comFirst Wave BioPharma Announces Results of Special Meeting of StockholdersJanuary 9, 2023 | finance.yahoo.comFirst Wave BioPharma Announces Adjournment of Special MeetingJanuary 5, 2023 | finance.yahoo.comZyVersa Therapeutics Appoints Three New Board MembersDecember 12, 2022 | finance.yahoo.comFirst Wave BioPharma to Participate in BIO Partnering @ JPM During “J.P. Morgan Week 2023”November 30, 2022 | finance.yahoo.comFirst Wave BioPharma Files Investigational New Drug Application for Enhanced Microgranule Delivery Formulation of AdrulipaseSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive FWBI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Wave BioPharma and its competitors with MarketBeat's FREE daily newsletter. Email Address FWBI Company Calendar Last Earnings11/14/2021Today4/01/2023Next Earnings (Estimated)5/22/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Pharmaceutical preparations Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:FWBI CUSIPN/A CIK1604191 Webwww.azurrx.com Phone(561) 589-7020FaxN/AEmployees17Year FoundedN/APrice Target and Rating Average Stock Price Forecast$144.00 High Stock Price Forecast$270.00 Low Stock Price Forecast$18.00 Forecasted Upside/Downside+571.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-14,630,000.00 Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on Assets-256.25% Debt Debt-to-Equity RatioN/A Current Ratio1.37 Quick Ratio1.37 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$2.76 per share Price / Book0.97Miscellaneous Outstanding Shares1,550,000Free Float1,544,000Market Cap$4.15 million OptionableNot Optionable Beta1.62 Key ExecutivesJames E. SapirsteinChairman, President & Chief Executive OfficerSarah M. RomanoChief Financial OfficerAmy ChandlerVP-Regulatory Affairs, QA & ComplianceMartin KrusinSenior VP-Corporate DevelopmentLoreal McDonaldGeneral CounselKey CompetitorsExicureNASDAQ:XCURInMed PharmaceuticalsNASDAQ:INMQualigen TherapeuticsNASDAQ:QLGN180 Life SciencesNASDAQ:ATNFAditxtNASDAQ:ADTXView All CompetitorsInstitutional OwnershipArmistice Capital LLCBought 293,966 shares on 2/15/2023Ownership: 35.418%View All Institutional Transactions FWBI Stock - Frequently Asked Questions Should I buy or sell First Wave BioPharma stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Wave BioPharma in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" FWBI shares. View FWBI analyst ratings or view top-rated stocks. What is First Wave BioPharma's stock price forecast for 2023? 2 brokerages have issued 1 year price targets for First Wave BioPharma's shares. Their FWBI share price forecasts range from $18.00 to $270.00. On average, they predict the company's stock price to reach $144.00 in the next twelve months. This suggests a possible upside of 5,273.1% from the stock's current price. View analysts price targets for FWBI or view top-rated stocks among Wall Street analysts. How have FWBI shares performed in 2023? First Wave BioPharma's stock was trading at $0.8756 at the beginning of 2023. Since then, FWBI stock has increased by 206.1% and is now trading at $2.68. View the best growth stocks for 2023 here. When is First Wave BioPharma's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 22nd 2023. View our FWBI earnings forecast. How were First Wave BioPharma's earnings last quarter? First Wave BioPharma, Inc. (NASDAQ:FWBI) posted its quarterly earnings data on Sunday, November, 14th. The company reported ($98.10) earnings per share for the quarter, missing analysts' consensus estimates of ($23.70) by $74.40. When did First Wave BioPharma's stock split? Shares of First Wave BioPharma reverse split on Friday, August 26th 2022. The 1-30 reverse split was announced on Friday, August 26th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Friday, August 26th 2022. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split. What is First Wave BioPharma's stock symbol? First Wave BioPharma trades on the NASDAQ under the ticker symbol "FWBI." How do I buy shares of First Wave BioPharma? Shares of FWBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is First Wave BioPharma's stock price today? One share of FWBI stock can currently be purchased for approximately $2.68. How much money does First Wave BioPharma make? First Wave BioPharma (NASDAQ:FWBI) has a market capitalization of $4.15 million. How can I contact First Wave BioPharma? First Wave BioPharma's mailing address is 760 Parkside Ave Ste 304, Brooklyn, New York 11226-1784. The official website for the company is www.azurrx.com. The company can be reached via phone at (561) 589-7020 or via email at investors@azurrx.com. This page (NASDAQ:FWBI) was last updated on 4/2/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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