GLSI · NASDAQ · Biotechnology

Greenwich LifeSciences (GLSI)

Runs a single Phase III trial for a peptide vaccine preventing HER2-positive breast cancer recurrence.

$15.68
Pre-market−0.11 (−0.70%)
At close$15.79(+5.20%)
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Greenwich LifeSciences, Inc.GLSIHealth Care

Develops a single therapeutic candidate, GLSI-100, a peptide-based immune vaccine combining GP2 with GM-CSF designed to prevent recurrence in HER2-positive breast cancer after standard treatment. The company runs a global Phase III trial spanning roughly forty clinical sites across the US and Europe and has not yet generated product revenue, funding operations through equity issuance.

Runs on a single pipeline asset, GLSI-100, a peptide vaccine pairing the GP2 antigen with the adjuvant GM-CSF, aimed at preventing recurrence in HER2-positive breast cancer after standard treatment. The vaccine originated at a US military-linked research foundation and was in-licensed before the company's listing.

The current trial, FLAMINGO-01, is a global randomized Phase III study run mostly through academic and cooperative-group site networks across the US and Europe rather than an in-house clinical organization. It carries FDA Fast Track designation for the HLA-positive patient subgroup, and a parallel open-label arm for patients outside that subgroup has completed enrollment.

Ownership is concentrated among management and directors under an extended post-IPO lock-up, and the business remains pre-revenue, funding trials through periodic equity issuance rather than product sales. Commercial-scale manufacturing has begun, supplying ongoing dosing across the US site network.

Company facts

CEOSnehal S. Patel
ListedSep 25, 2020
ExchangeNASDAQ
HeadquartersStafford, TX
CountryUnited States
Employees4
CIK0001799788
ISINUS3968791083

Market cap$231.0M
EPS (ttm)−$1.54
P/E (ttm)−10.22
ROE-793.8%
P/B73.83
P/S0.00
Dividend yieldDiv yield
Beta3.08vs XLV 0.63

Price target$50.00+217.7%Avg of 2 analysts
ConsensusBuy2 of 2 analysts
Ratings

Target rangeAs of Sep 2, 2026

Latest analyst notes

DateFirmActionTarget
Dec 30, 2025H.C. WainwrightTarget$50

Next report
Nov 13, 2026
estimated · in 71 days
EPS estimate
−$0.34
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Nov '24Apr '25May '25Aug '25Nov '25Jun '26Aug '26Nov '26
Reported−$0.20−$0.61−$0.25−$0.30−$0.30−$0.39−$0.27Pending
Estimate−$0.21−$0.21−$0.24−$0.24−$0.30−$0.33−$0.33−$0.34
Surprise+4.8%−190.5%−4.2%−25.0%0.0%−18.2%+18.2%

RevenueReportedEstimate

Nov '24Apr '25May '25Aug '25Nov '25Jun '26Aug '26Nov '26
Reported$3.6KPending
Estimate
Surprise
Estimate−$0.34
ReportedDue Nov 13, 2026
Estimate
ReportedDue Nov 13, 2026
View details

Debt to equity0.00%
Current ratio154.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$0$0$0
Net income−$2.7M−$8.0M−$2.7M−$4.0M−$4.2M−$7.9M−$5.7M−$3.9M
Net margin

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$2.7M−$8.1M−$2.8M−$4.0M−$4.2M−$7.9M−$5.7M−$4.0M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $8.9M · Total debt $0 · Total assets $8.9M · Shareholders' equity $3.1M

Revenue
$0
Operating income
−$4.0M
Net income
−$3.9M
View details

No dividends on record.

Institutions63 holders · as of Mar 31, 202611.67%1.71M shares
Insiders4 holders · as of Jul 30, 202678.15%11.47M shares
Otherremainder10.18%1.49M shares

14.68M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Snehal Patel1Insiderdirector, 10 percent owner, officer: CEO and CFO
56.42%7.78M13Dfiled Jul 30, 2026
WeinerInsider
15.70%2.30M13Gfiled Jun 22, 2022
David McWilliamsInsiderdirector
4.23%620,301Form 4filed Dec 16, 2021
BlackRock, Inc.Institution
2.96%433,86013Fas of Mar 31, 2026
Vanguard Capital Management LLCInstitution
2.03%298,26613Fas of Mar 31, 2026
See all 25
  1. Snehal Patel's transaction reports restate only vehicles that traded; the 2020 ownership statement (7.78M) plus the 504.0K net shares acquired since is used instead.

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 28, 2026Snehal Pateldirector, 10 percent owner, officer: CEO and CFO+1,500$13.59
Jul 29, 2026Snehal Pateldirector, 10 percent owner, officer: CEO and CFO+700$13.10
Jul 27, 2026Snehal Pateldirector, 10 percent owner, officer: CEO and CFO+1,500$13.62
Jul 23, 2026Snehal Pateldirector, 10 percent owner, officer: CEO and CFO+2,500$13.14
Jul 24, 2026Snehal Pateldirector, 10 percent owner, officer: CEO and CFO+1,100$12.88
View details

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ComparePre-market

CompanyPriceChange
Greenwich LifeSciences$15.68−0.70%$231.0M
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Puma Biotechnology$9.61−0.88%$493.2M18.82.1+7.8%
BioNTech (ADR)$104.14+0.36%$26.08B8.5−60.7%
Moderna$147.46−2.23%$59.84B26.9+2.1%
Novartis (ADR)$162.15−0.18%$308.79B24.517.35.6+0.9%
Median24.316.35.6+2.1%