Seres Therapeutics (MCRB)
Develops oral bacterial consortia for infection, immune, and inflammatory conditions.
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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
Target rangeAs of Sep 2, 2026
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Target |
|---|---|---|---|---|---|
| Jun 23, 2026 | H.C. Wainwright | Initiate | Buy | $12 | |
| May 8, 2025 | Chardan Capital | Downgrade | Buy | Neutral | |
| Oct 24, 2024 | JP Morgan | Downgrade | Neutral | Underweight |
EPSReportedEstimate
RevenueReportedEstimate
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
No dividends on record.
| Institutions36 holders · as of Mar 31, 2026 | 23.82% | 2.31M shares | |
| Insiders6 holders · as of Aug 18, 2026 | 0.49% | 47.8K shares | |
| Strategic holders1 holder · as of Oct 2, 2024 | 11.30% | 1.09M shares | |
| Otherremainder | 64.39% | 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
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Flagship Pioneering Inc.Institution | 11.94% | 1.16M | 13Fas of Mar 31, 2026 |
Nestle SAStrategic10 percent owner | 11.30% | 1.09M | Form 4filed Oct 2, 2024 ↗ |
Vanguard Capital Management LLCInstitution | 3.04% | 294,143 | 13Fas of Mar 31, 2026 |
Marshall Wace, LLPInstitution | 1.44% | 139,539 | 13Fas of Mar 31, 2026 |
Vontobel Holding Ltd.Institution | 1.43% | 138,468 | 13Fas of Mar 31, 2026 |
| See all 25 → | |||
13F — a manager's quarterly holdings · Form 4 — an insider's transaction report
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 17, 2026 | Kelly Brady | officer: See Remarks | −64 | $4.55 |
| Aug 17, 2026 | Eric D. Shaff | director | −263 | $4.55 |
| Aug 17, 2026 | Thomas DesRosier | officer: See Remarks | −82 | $4.55 |
| Aug 17, 2026 | Matthew R. Henn | officer: See Remarks | −81 | $4.55 |
| May 18, 2026 | Matthew R. Henn | officer: See Remarks | −77 | $7.53 |
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ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Seres Therapeutics | $5.35 | −2.90% | $53.6M | — | — | 28.5 | — |
| Takeda (ADR) | $18.64 | +1.06% | $58.65B | 51.2 | 56.6 | 2.0 | +5.8% |
| Johnson & Johnson | $274.75 | −0.18% | $663.23B | 31.9 | 23.1 | 6.8 | +6.6% |
| AbbVie | $262.35 | +0.24% | $462.37B | 73.7 | 17.2 | 7.2 | +10.2% |
| Pfizer | $29.00 | −0.10% | $165.40B | 38.3 | 10.4 | 2.6 | +2.6% |
| Median | 44.8 | 20.2 | 4.7 | +6.2% |






