AVTX · NASDAQ · Biotechnology

Avalo Therapeutics (AVTX)

Develops an anti-IL-1β antibody for immune-mediated inflammatory diseases.

$19.35
Pre-market−0.01 (−0.05%)
At close$19.36(+2.16%)
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Avalo Therapeutics, Inc.AVTXHealth Care

Develops abdakibart (AVTX-009), an anti-IL-1β monoclonal antibody for immune-mediated inflammatory diseases. The clinical-stage business is concentrated on this lead program, acquired through AlmataBio.

Develops abdakibart (AVTX-009), an anti-IL-1β monoclonal antibody, as its lead treatment candidate for immune-mediated inflammatory diseases. The clinical-stage business is fully dedicated to IL-1β-based treatments and reported positive Phase 2 LOTUS results in hidradenitis suppurativa, with a planned registrational Phase 3 study.

The 2024 AlmataBio acquisition brought abdakibart into the company, making it the central product and development focus. The issuer adopted the Avalo Therapeutics name and AVTX ticker in 2021. Headquartered in Wayne, Pennsylvania, it is a U.S.-listed clinical-stage business; its development path depends on clinical progress and the planned Phase 3 program.

Company facts

CEOGarry A. Neil, M.D.
ListedOct 15, 2015
ExchangeNASDAQ
HeadquartersWayne, PA
CountryUnited States
Employees33
CIK0001534120
ISINUS05338F3064

Market cap$1.02B
EPS (ttm)−$4.74
P/E (ttm)−4.08
ROE-58.0%
P/B1.88
P/S17,230.83
Dividend yieldDiv yield
Beta1.17vs XLV 0.64

Price target$46.50+140.4%Avg of 10 analysts
ConsensusBuy8 of 10 analysts
Ratings

Target rangeAs of Sep 2, 2026

Latest analyst notes

DateFirmActionRatingPrior targetTarget
Aug 7, 2026GuggenheimReiterateBuy$50$48
Aug 7, 2026H.C. WainwrightTarget$35$30
Jul 6, 2026Leerink PartnersTarget$38
May 14, 2026WedbushReiterateOutperform$34
May 14, 2026Mizuho SecuritiesTarget$39$45

Next report
Nov 5, 2026
estimated · in 63 days
EPS estimate
−$0.56
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Apr '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$7.95−$1.25−$1.92−$2.19−$0.37−$0.98−$0.83Pending
Estimate$0.58−$1.07−$1.43−$1.67−$1.54−$1.00−$0.58−$0.56
Surprise−1,470.7%−16.8%−34.3%−31.1%+76.0%+2.0%−42.4%

RevenueReportedEstimate

Apr '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$192.0K$79.5KPending
Estimate$59.0K
Surprise+34.7%
Estimate−$0.56
ReportedDue Nov 5, 2026
Estimate
ReportedDue Nov 5, 2026
View details

Debt to equity0.10%
Current ratio1,930.60%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$249.0K$192.0K$0$0$0$59.0K$0$0
Net income$23.0M−$35.3M−$13.1M−$20.8M−$30.6M−$13.7M−$19.6M−$36.4M
Net margin9,251.8%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$12.9M−$13.3M−$14.7M−$19.3M−$19.2M−$19.7M−$20.9M−$31.5M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $400.3M · Total debt $242.0K · Total assets $490.8M · Shareholders' equity $448.7M

Revenue
$0
Operating income
−$31.5M
Net income
−$36.4M
View details

No dividends on record.

Institutions109 holders · as of Mar 31, 2026 · largest filers plus last quarter's tail≈ 58.00%31.10M shares
Insiders11 holders · as of Sep 1, 20260.71%381.1K shares
Strategic holders1 holder · as of May 29, 20265.70%3.06M shares
Otherremainder≈ 35.59%19.09M shares

53.63M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Deep Track Capital, LPStrategic
5.70%3.06M13Gfiled May 29, 2026
FMR LLCInstitution
5.37%2.88M13Fas of Mar 31, 2026
T. Rowe Price Investment Management, Inc.Institution
4.03%2.16M13Fas of Mar 31, 2026
Caligan Partners LPInstitution
3.05%1.64M13Fas of Mar 31, 2026
BVF Inc/ILInstitution
3.04%1.63M13Fas of Mar 31, 2026
See all 25

13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 28, 2026Mittie Doyleofficer: Chief Medical Officer−679$20.00
Aug 17, 2026Mittie Doyleofficer: Chief Medical Officer−1,000$20.00
Aug 18, 2026Christopher Ryan Sullivanofficer: Chief Financial Officer−31,031$20.05
Aug 17, 2026Christopher Ryan Sullivanofficer: Chief Financial Officer−41,694$19.86
Aug 10, 2026Mittie Doyleofficer: Chief Medical Officer−679$20.00
View details

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ComparePre-market

CompanyPriceChange
Avalo Therapeutics$19.35−0.05%$1.02B17,230.8−58.6%
AbbVie$264.00+0.88%$462.37B73.717.27.2+10.2%
Novartis (ADR)$162.45+0.01%$308.79B24.517.35.6+0.9%
MoonLake Immunotherapeutics$15.02−0.33%$1.27B
Incyte$128.82+3.05%$26.11B16.453.44.5+37.7%
Median24.517.35.6+10.2%