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DCOY · NASDAQ · Biotechnology

Decoy Therapeutics (DCOY)

Developer of peptide-conjugate antivirals against shared viral fusion machinery.

$2.82
Pre-market−0.17 (−5.69%)
At close$2.99(−2.29%)
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Decoy Therapeutics Inc.DCOYHealth Care

Designs preclinical peptide-conjugate antivirals that seek to block shared viral entry machinery across respiratory and other enveloped viruses. Funds development through equity and grants, using IMP³ACT to pair computational design, synthesis, and testing while relying on external partners.

Develops peptide-conjugate Designable Multi-Antivirals that target shared viral fusion machinery across enveloped-virus families. The IMP³ACT platform combines computational structure and binding models, AI/ML-assisted optimization, rapid synthesis, and antiviral assays in a design-build-test-learn loop. Its lead DCOY-CoV program targets broad coronavirus prevention, while DCOY-TRI explores influenza, coronavirus, and RSV/paramyxovirus coverage; filovirus and arenavirus work is exploratory.

Operates from Houston with offices in Cambridge and laboratory space in Long Island City, relying on external manufacturers, CROs, laboratories, computational vendors, and hVIVO for development execution. With no approved products or sales, funding comes from equity financing and restricted grants. All D-MAV candidates remain preclinical, and progress depends on candidate selection, testing, manufacturing, regulatory acceptance, clinical development, and financing.

Company facts

CEOFrederick E. "Rick" Pierce
ListedJan 8, 2026
ExchangeNASDAQ
HeadquartersHouston, TX
CountryUnited States
Employees11
CIK0001615219
ISINUS79400X6022

Market cap$1.6M
EPS (ttm)−$29.09
P/E (ttm)−0.1024
ROE-315.2%
P/B0.3669
P/S0.00
Dividend yieldDiv yield
Beta1.84vs XLV −0.13

No analyst consensus on record.

Next report
Nov 13, 2026
in 71 days
EPS estimate
−$3.12
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

May '25Aug '25Nov '25Apr '26May '26May '26Aug '26Nov '26
Reported−$15.44−$6.75−$1.81−$99.99−$4.18−$4.18−$4.46Pending
Estimate−$36.00−$33.00−$33.60−$6.48−$4.12−$4.12−$2.88−$3.12
Surprise+57.1%+79.5%+94.6%−1,443.1%−1.4%−1.4%−54.9%

RevenueReportedEstimate

May '25Aug '25Nov '25Apr '26May '26May '26Aug '26Nov '26
ReportedPending
Estimate
Surprise
Estimate−$3.12
ReportedDue Nov 13, 2026
Estimate
ReportedDue Nov 13, 2026
View details

Debt to equity0.00%
Current ratio183.20%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$0$0$0
Net income−$972.1K−$1.5M−$1.7M−$957.8K−$873.5K−$9.0M−$2.2M−$2.4M
Net margin

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$1.0M−$1.5M−$1.7M−$965.6K−$895.1K−$9.0M−$2.3M−$2.6M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $8.3M · Total debt $0 · Total assets $9.0M · Shareholders' equity $4.3M

Revenue
$0
Operating income
−$2.6M
Net income
−$2.4M
View details

No dividends on record.

Institutions4 holders · as of Mar 31, 20260.25%1.6K shares
Insiders10 holders · as of Sep 2, 202610.56%69.2K shares
Strategic holders1 holder · as of Aug 14, 202610.00%65.5K shares
Otherremainder79.19%518.9K shares

655.2K company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Two share counts disagree (655.2K in the company's Sep 3, 2026 report, 532.0K elsewhere); stakes use the report.

A stock split fell inside the quarter, so quarter-on-quarter changes are not shown.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Armistice Capital, LLCStrategic
10.00%65,50313Gfiled Aug 14, 2026
Frederick Ii PierceInsiderofficer: Chief Executive Officer
5.32%34,844Form 4filed Sep 2, 2026
Mark J. RosenblumInsiderofficer: Chief Financial Officer
1.73%11,363Form 4filed Sep 2, 2026
Barbara Louise HibnerInsiderofficer: Chief Scientific Officer
0.64%4,216Form 4filed Sep 2, 2026
Peter Klaus MarschelInsiderofficer: Chief Business Officer
0.60%3,900Form 4filed Sep 2, 2026
See all 25

13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Dec 30, 2025Arnold C. Hanishdirector−27$0.6397
Nov 20, 2025Arnold C. Hanishdirector+5,000$0.7481
Nov 20, 2025Mark J. Rosenblumofficer: Exec VP Finance, CFO+20,000$0.8000
View details

  • Pfizer

    Approved and late-stage oral COVID antivirals for high-risk patients.

  • Merck

    Long-acting influenza prevention challenges DCOY-TRI in high-risk patients.

  • Invivyd

    Phase 3 COVID antibody prevention overlaps the high-risk prophylaxis market.

  • Traws Pharma

    Phase 2 ritonavir-free COVID treatment overlaps early-use positioning.

ComparePre-market

CompanyPriceChange
Decoy Therapeutics$2.82−5.69%$1.6M
Pfizer$28.96−0.24%$165.40B38.310.42.6+2.6%
Merck$151.96+0.21%$374.52B121.317.65.6+5.1%
Invivyd$0.8596+6.58%$236.9M4.1+21.2%
Traws Pharma$0.5800+1.79%$8.7M
Median79.814.04.1+5.1%