GENB · NASDAQ · Biotechnology

Generate Biomedicines (GENB)

Builds protein therapeutics through a closed-loop generative-biology platform.

$16.16
Pre-market−0.11 (−0.65%)
At close$16.27(+3.04%)
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Generate Biomedicines, Inc.GENBHealth Care

Develops protein therapeutics using a platform that combines computation, experiments, and scalable biohardware. The clinical-stage company also works through collaborations with Amgen and Novartis.

Protein therapeutics are designed through a closed-loop platform that connects computation, experiments, and scalable biohardware. The company describes the process as generating, building, measuring, and learning from therapeutic proteins.

Founded by Flagship Pioneering and launched in 2020, the clinical-stage biotechnology company is developing programmable biology rather than pursuing a conventional single-asset model. Gevorg Grigoryan, co-founder and CTO, leads development of the Generate Platform.

Machine learning, high-throughput experimentation, and at-scale structural determination underpin the platform. A CryoEM laboratory in Andover supports structural work in that loop.

Collaborations with Amgen and Novartis form part of the operating context. The business depends on translating its integrated platform into therapeutic programs and executing across computational and laboratory systems.

Company facts

CEOMichael Nally
ListedFeb 27, 2026
ExchangeNASDAQ
HeadquartersSomerville, MA
CountryUnited States
Employees312
CIK0002100782
ISINUS3709201004

Market cap$2.09B
EPS (ttm)−$1.00
P/E (ttm)−16.22
ROE-26.5%
P/B4.58
P/S154.16
Dividend yieldDiv yield
Beta1.31vs XLV 0.97

Price target$26.00+59.7%Avg of 2 analysts
ConsensusBuy2 of 2 analysts
Ratings

Target rangeAs of Sep 2, 2026

Latest analyst notes

DateFirmActionRatingPrior targetTarget
Aug 28, 2026H.C. WainwrightReiterateBuy$25$30
May 14, 2026Morgan StanleyReiterateOverweight$22
May 8, 2026H.C. WainwrightTarget$25

Next report
Nov 5, 2026
estimated · in 63 days
EPS estimate
−$0.51
Revenue estimate
$7.8M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Aug '26Nov '26
Reported−$0.52Pending
Estimate−$0.51−$0.51
Surprise−2.3%

RevenueReportedEstimate

Aug '26Nov '26
Reported$6.3MPending
Estimate$5.3M$7.8M
Surprise+19.1%
Estimate−$0.51
ReportedDue Nov 5, 2026
Estimate$7.8M
ReportedDue Nov 5, 2026
View details

Debt to equity13.70%
Current ratio830.30%

ProfitabilityRevenueNet incomeNet margin

Q1 FY26Q2 FY26
Revenue$7.2M$6.3M
Net income−$61.4M−$67.3M
Net margin0.0%0.0%

GrowthOperating income

Q1 FY26Q2 FY26
Operating income−$64.1M−$71.6M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $457.4M · Total debt $62.6M · Total assets $561.7M · Shareholders' equity $456.0M

Revenue
$6.3M
Operating income
−$71.6M
Net income
−$67.3M
View details

No dividends on record.

Institutions58 holders · as of Mar 31, 202672.41%92.82M shares
Otherremainder27.59%35.37M shares

128.19M company shares as of Aug 21, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

The share count has not been confirmed by a second filing; stakes use it as it stands.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Flagship Pioneering Inc.Institution
48.89%62.67M13Fas of Mar 31, 2026
FMR LLCInstitution
3.29%4.22M13Fas of Mar 31, 2026
Capital World InvestorsInstitution
3.12%4.00M13Fas of Mar 31, 2026
Braidwell LPInstitution
2.80%3.59M13Fas of Mar 31, 2026
JPMorgan Chase & CoInstitution
2.30%2.95M13Fas of Mar 31, 2026
See all 25

13F — a manager's quarterly holdings

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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ComparePre-market

CompanyPriceChange
Generate Biomedicines$16.16−0.65%$2.09B154.2
Absci$8.82+0.23%$1.49B955.0−49.4%
AbCellera Biologics$11.27−0.80%$3.47B52.4−76.3%
Recursion Pharmaceuticals$3.39+0.41%$1.77B32.3−61.8%
Schrödinger$20.74−0.68%$1.56B6.0+7.5%
Median42.4−55.6%