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Gritstone bio (GRTS) Stock Price, News & Analysis

-0.01 (-1.54%)
(As of 12:45 PM ET)
Today's Range
50-Day Range
52-Week Range
638,645 shs
Average Volume
2.66 million shs
Market Capitalization
$82.40 million
P/E Ratio
Dividend Yield
Price Target

Gritstone bio MarketRank™ Stock Analysis

Analyst Rating
3.00 Rating Score
520.8% Upside
$4.75 Price Target
Short Interest
12.76% of Float Sold Short
Dividend Strength
News Sentiment
0.76mentions of Gritstone bio in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$35,453 Sold Last Quarter
Proj. Earnings Growth
From ($0.99) to ($0.87) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.28 out of 5 stars

Medical Sector

572nd out of 748 stocks

Biological Products, Except Diagnostic Industry

90th out of 125 stocks

GRTS stock logo

About Gritstone bio Stock (NASDAQ:GRTS)

Gritstone bio, Inc., a clinical-stage biotechnology company, engages in developing vaccine-based immunotherapy candidates against cancer and infectious diseases. Its primary product candidate is GRANITE, an individualized immunotherapy candidate, which is in Phase 2/3 clinical trials for the treatment of microsatellite stable colorectal cancers; and has completed Phase 1/2 clinical trials for treating solid tumors. The company is also developing SLATE, an off-the-shelf immunotherapy candidate, which is in Phase 2 clinical trials for the treatment of metastatic solid tumors. In addition, it develops CORAL, a COVID-19 vaccine program; and a therapeutic vaccine candidate that is in Phase 1 clinical trials designed to treat and cure human immunodeficiency virus (HIV) infection. Gritstone bio, Inc. has a strategic collaboration with bluebird bio, Inc.; collaboration agreement with Gilead Sciences, Inc.; and license agreement with Genevant Sciences GmbH. The company was formerly known as Gritstone Oncology, Inc. and changed its name to Gritstone bio, Inc. in May 2021. Gritstone bio, Inc. was incorporated in 2015 and is headquartered in Emeryville, California.

GRTS Stock Price History

GRTS Stock News Headlines

Beyond The Numbers: 4 Analysts Discuss Gritstone Bio Stock
Nasdaq Down Over 1%; VivoPower International Shares Spike Higher
Why Is Gritstone Bio (GRTS) Stock Down 44% Today?
See More Headlines
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Company Calendar

Last Earnings
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Biological products, except diagnostic
Current Symbol
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
4 Analysts


Net Income
Net Margins
Pretax Margin


Sales & Book Value

Annual Sales
$16.34 million
Book Value
$0.13 per share


Free Float
Market Cap
$83.58 million
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Key Executives

  • Dr. Andrew R. Allen BCh (Age 58)
    BM, M.D., MA, MRCP, Ph.D., Co-Founder, President, CEO & Director
    Comp: $1.01M
  • Mr. Erin E. Jones M.S. (Age 52)
    Executive VP & COO
    Comp: $689.87k
  • Dr. Karin Jooss Ph.D. (Age 59)
    Executive VP and Head of Research & Development
    Comp: $748.2k
  • Ms. Vassiliki Economides (Age 44)
    Executive VP & CFO
  • Mr. James Cho
    Chief Accounting Officer
  • Mr. George E. MacDougall
    Director of Investor Relations & Corporate Communications
  • Ms. Stacy Proctor
    Executive VP & Chief People Officer
  • Dr. Matthew J. Hawryluk M.B.A. (Age 46)
    Ph.D., Executive VP & Chief Business Officer

GRTS Stock Analysis - Frequently Asked Questions

Should I buy or sell Gritstone bio stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gritstone bio in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GRTS shares.
View GRTS analyst ratings
or view top-rated stocks.

What is Gritstone bio's stock price target for 2024?

4 Wall Street research analysts have issued 12 month price objectives for Gritstone bio's stock. Their GRTS share price targets range from $3.00 to $7.00. On average, they anticipate the company's stock price to reach $4.75 in the next year. This suggests a possible upside of 520.8% from the stock's current price.
View analysts price targets for GRTS
or view top-rated stocks among Wall Street analysts.

How have GRTS shares performed in 2024?

Gritstone bio's stock was trading at $2.04 on January 1st, 2024. Since then, GRTS stock has decreased by 62.5% and is now trading at $0.7652.
View the best growth stocks for 2024 here

Are investors shorting Gritstone bio?

Gritstone bio saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 12,690,000 shares, a drop of 16.0% from the April 30th total of 15,110,000 shares. Based on an average trading volume of 2,980,000 shares, the days-to-cover ratio is presently 4.3 days. Currently, 12.8% of the shares of the company are short sold.
View Gritstone bio's Short Interest

When is Gritstone bio's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024.
View our GRTS earnings forecast

How were Gritstone bio's earnings last quarter?

Gritstone bio, Inc. (NASDAQ:GRTS) posted its quarterly earnings data on Thursday, May, 9th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.30) by $0.04. The company earned $1.74 million during the quarter, compared to analysts' expectations of $5.90 million. Gritstone bio had a negative net margin of 926.13% and a negative trailing twelve-month return on equity of 232.42%. During the same quarter in the previous year, the business earned ($0.30) EPS.

What ETF holds Gritstone bio's stock?

Morningstar US Small Growth holds 23,628 shares of GRTS stock, representing 2.17% of its portfolio.

What is Andrew Allen's approval rating as Gritstone bio's CEO?

1 employees have rated Gritstone bio Chief Executive Officer Andrew Allen on Andrew Allen has an approval rating of 100% among the company's employees. This puts Andrew Allen in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Gritstone bio own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Gritstone bio investors own include ADMA Biologics (ADMA), Bionano Genomics (BNGO), Matinas BioPharma (MTNB), Novan (NOVN), Sorrento Therapeutics (SRNE), Zosano Pharma (ZSAN), Enerplus (ERF), Oncolytics Biotech (ONCY), SCYNEXIS (SCYX) and CBL & Associates Properties (CBL).

When did Gritstone bio IPO?

Gritstone bio (GRTS) raised $85 million in an initial public offering (IPO) on Friday, September 28th 2018. The company issued 6,100,000 shares at $13.00-$15.00 per share. Goldman Sachs, Cowen and Barclays acted as the underwriters for the IPO and BTIG was co-manager.

Who are Gritstone bio's major shareholders?

Gritstone bio's stock is owned by a number of institutional and retail investors. Top institutional investors include Redmile Group LLC (5.30%), Vanguard Group Inc. (4.42%), Affinity Asset Advisors LLC (0.00%), Artal Group S.A. (0.95%), Susquehanna Fundamental Investments LLC (0.23%) and BNP Paribas Financial Markets (0.05%). Insiders that own company stock include Andrew R Allen, Erin Jones, Matthew Hawryluk and Vassiliki Economides.
View institutional ownership trends

How do I buy shares of Gritstone bio?

Shares of GRTS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:GRTS) was last updated on 5/30/2024 by Staff

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