MCRB · NASDAQ · Biotechnology

Seres Therapeutics (MCRB)

Develops oral bacterial consortia for infection, immune, and inflammatory conditions.

$5.35
Pre-market−0.16 (−2.90%)
At close$5.51(+6.37%)
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Seres Therapeutics, Inc.MCRBHealth Care

Develops orally administered live biotherapeutic candidates—defined bacterial compositions intended to alter gut-microbiome functions—for vulnerable patients with inflammatory, immune, and infection-related conditions. Following the sale of VOWST, it is a U.S.-centered clinical-stage business supported by grants and prospective collaboration, licensing, and milestone capital.

Develops orally administered live biotherapeutic products: defined bacterial compositions designed to alter gastrointestinal-microbiome functions in medically vulnerable patients. Its portfolio centers on SER-155, a clinical candidate for infection-related and immune conditions, alongside preclinical SER-603 for inflammatory bowel disease and SER-147 for infection prevention in chronic liver disease.

Operates as a U.S.-centered, consolidated clinical-stage business after selling VOWST to Nestlé. It selects bacterial consortia and advances translational and clinical studies, with grants, investigator-sponsored work, and potential collaborations supporting development. No owned product is approved; advancement of the planned SER-155 study and the earlier pipeline depends on external funding, partners, clinical-trial providers, manufacturing providers, and regulatory acceptance.

Company facts

CEORichard N. Kender
ListedJun 26, 2015
ExchangeNASDAQ
HeadquartersCambridge, MA
CountryUnited States
Employees66
CIK0001609809
ISINUS81750R2013

Market cap$53.6M
EPS (ttm)−$2.41
P/E (ttm)−2.30
ROE-60.3%
P/B1.55
P/S28.49
Dividend yieldDiv yield
Beta1.14vs XLV 0.31

Price target$12.00+116.6%Avg of 18 analysts
ConsensusBuy11 of 18 analysts
Ratings

Target rangeAs of Sep 2, 2026

Latest analyst notes

DateFirmActionPrior ratingRatingTarget
Jun 23, 2026H.C. WainwrightInitiateBuy$12
May 8, 2025Chardan CapitalDowngradeBuyNeutral
Oct 24, 2024JP MorganDowngradeNeutralUnderweight

Next report
Nov 4, 2026
in 62 days
EPS estimate
−$1.01
Revenue estimate
$6.4M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.32−$2.24−$2.27$0.94−$1.89−$2.08$0.47Pending
Estimate−$0.17−$0.67−$2.72$0.05−$2.39−$1.88−$2.18−$1.01
Surprise−88.2%−234.3%+16.5%+1,780.0%+20.9%−10.6%+121.6%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$351.0K$438.0K$358.0K$736.0KPending
Estimate$12.5M$10.0M$5.9M$7.8M$5.3M$358.0K$179.0K$6.4M
Surprise−95.5%−91.7%0.0%+311.2%
Estimate−$1.01
ReportedDue Nov 4, 2026
Estimate$6.4M
ReportedDue Nov 4, 2026
View details

Debt to equity164.00%
Current ratio211.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$351.0K$438.0K$358.0K$736.0K
Net income$88.8M−$15.6M$32.7M−$19.9M$8.2M−$15.3M−$19.9M$4.6M
Net margin2,337.3%0.0%0.0%622.4%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$29.2M−$28.8M−$27.2M−$24.9M−$22.5M−$19.4M−$20.9M−$21.3M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $15.6M · Total debt $56.6M · Total assets $101.6M · Shareholders' equity $34.5M

Revenue
$736.0K
Operating income
−$21.3M
Net income
$4.6M
View details

No dividends on record.

Institutions36 holders · as of Mar 31, 202623.82%2.31M shares
Insiders6 holders · as of Aug 18, 20260.49%47.8K shares
Strategic holders1 holder · as of Oct 2, 202411.30%1.09M shares
Otherremainder64.39%6.24M shares

9.68M 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
11.94%1.16M13Fas of Mar 31, 2026
Nestle SAStrategic10 percent owner
11.30%1.09MForm 4filed Oct 2, 2024
Vanguard Capital Management LLCInstitution
3.04%294,14313Fas of Mar 31, 2026
Marshall Wace, LLPInstitution
1.44%139,53913Fas of Mar 31, 2026
Vontobel Holding Ltd.Institution
1.43%138,46813Fas of Mar 31, 2026
See all 25

13F — a manager's quarterly holdings · Form 4 — an insider's transaction report

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 17, 2026Kelly Bradyofficer: See Remarks−64$4.55
Aug 17, 2026Eric D. Shaffdirector−263$4.55
Aug 17, 2026Thomas DesRosierofficer: See Remarks−82$4.55
Aug 17, 2026Matthew R. Hennofficer: See Remarks−81$4.55
May 18, 2026Matthew R. Hennofficer: See Remarks−77$7.53
View details

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ComparePre-market

CompanyPriceChange
Seres Therapeutics$5.35−2.90%$53.6M28.5
Takeda (ADR)$18.64+1.06%$58.65B51.256.62.0+5.8%
Johnson & Johnson$274.75−0.18%$663.23B31.923.16.8+6.6%
AbbVie$262.35+0.24%$462.37B73.717.27.2+10.2%
Pfizer$29.00−0.10%$165.40B38.310.42.6+2.6%
Median44.820.24.7+6.2%