GALT · NASDAQ · Biotechnology

Galectin Therapeutics (GALT)

Develops belapectin, a galectin-3 inhibitor, for MASH cirrhosis with portal hypertension.

$4.43
Pre-market−0.06 (−1.34%)
At close$4.49(+7.67%)
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Galectin Therapeutics Inc.GALTHealth Care

Develops belapectin, a carbohydrate-based inhibitor of galectin-3, for MASH cirrhosis and portal hypertension. Its clinical program is advancing toward a planned Phase 3 study, with additional development efforts in chronic liver disease and cancer.

Develops belapectin, a carbohydrate-based inhibitor of galectin-3, for MASH cirrhosis with portal hypertension. The planned Phase 3 program follows FDA feedback on its study design, primary endpoint, and regulatory framework. A global randomized, double-blind, placebo-controlled study has evaluated intravenous belapectin to prevent esophageal varices in this setting.

The development portfolio also includes research efforts in chronic liver disease and cancer. As a clinical-stage biotechnology company, operations center on clinical development. Progress toward a Phase 3 protocol depends on continued regulatory engagement, financing access, and potential strategic or financial partnership arrangements.

Company facts

CEOJoel Lewis
ListedMar 23, 2012
ExchangeNASDAQ
HeadquartersNorcross, GA
CountryUnited States
Employees9
CIK0001133416
ISINUS3632252025

Market cap$295.0M
EPS (ttm)−$0.4270
P/E (ttm)−10.49
ROE21.5%
P/B−2.16
P/S0.00
Dividend yieldDiv yield
Beta0.83vs XLV 0.90

Price target$11.00+145.5%Avg of 11 analysts
ConsensusBuy9 of 11 analysts
Ratings

Target rangeAs of Sep 2, 2026

Latest analyst notes

DateFirmActionPrior ratingRatingTarget
Dec 17, 2025H.C. WainwrightTarget$11
Dec 27, 2024HC Wainwright & Co.DowngradeBuyNeutral

Next report
Nov 13, 2026
in 71 days
EPS estimate
−$0.05
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

May '25Aug '25Nov '25Mar '26May '26Aug '26Aug '26Nov '26
Reported−$0.15−$0.12−$0.13−$0.08−$0.08−$0.14−$0.14Pending
Estimate−$0.20−$0.16−$0.11−$0.10−$0.06−$0.09−$0.09−$0.05
Surprise+25.0%+25.0%−18.2%+20.0%−33.3%−55.6%−55.6%

RevenueReportedEstimate

May '25Aug '25Nov '25Mar '26May '26Aug '26Aug '26Nov '26
ReportedPending
Estimate$36.3M
Surprise
Estimate−$0.05
ReportedDue Nov 13, 2026
Estimate
ReportedDue Nov 13, 2026
View details

Current ratio9.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$0$0$0
Net income−$11.2M−$12.0M−$9.6M−$7.5M−$8.2M−$5.5M−$5.0M−$9.1M
Net margin

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$9.1M−$12.4M−$7.9M−$4.6M−$4.2M−$3.4M−$4.1M−$4.0M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $13.3M · Total debt $137.7M · Total assets $14.8M · Shareholders' equity −$136.9M

Revenue
$0
Operating income
−$4.0M
Net income
−$9.1M
View details

No dividends on record.

Institutions107 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail≈ 15.62%15.75M shares
Insiders8 holders · as of Aug 4, 202656.27%56.75M shares
Strategic holders1 holder · as of Dec 18, 20255.57%5.61M shares
Otherremainder≈ 22.54%22.73M shares

100.85M company shares as of Sep 3, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Two share counts disagree (100.85M in the company's Sep 3, 2026 report, 65.86M elsewhere); stakes use the report.

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
Richard E. UihleinInsiderdirector, 10 percent owner
54.21%54.67M13Dfiled Aug 4, 2026
10X Fund, L.P.Strategic10 percent owner
5.57%5.61MForm 4filed Dec 18, 2025
BlackRock, Inc.Institution
2.96%2.99M13Fas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
2.15%2.17M13Fas of Jun 30, 2026
Geode Capital Management, LLCInstitution
1.30%1.31M13Fas of Jun 30, 2026
See all 25

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

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jul 14, 2026Khurram Jamilofficer: Chief Medical Officer−16,250$5.13
Jun 29, 2026Khurram Jamilofficer: Chief Medical Officer−47,467$5.04
Jun 26, 2026Khurram Jamilofficer: Chief Medical Officer−2,533$5.00
Jun 26, 2026Harold H. Shlevindirector−7,732$5.00
Jun 29, 2026Harold H. Shlevindirector−22,268$5.04
View details

ComparePre-market

CompanyPriceChange
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Median11.518.9112.5+71.2%