SPRO · NASDAQ · Biotechnology

Spero Therapeutics (SPRO)

Develops SP001 while retaining economics linked to GSK-marketed Utebzi.

$1.22
At close+0.02 (+1.67%)
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Spero Therapeutics, Inc.SPROHealth Care

Develops the in-licensed SP001 immunology candidate while retaining specified milestone and royalty economics linked to Utebzi, an oral antibiotic commercialized by GSK. Its operating focus shifted from an antibacterial portfolio to SP001 after legacy antibiotic programs were discontinued.

Develops SP001, an in-licensed anti-CD40L antibody for rare and high-unmet-need diseases. Its planned study targets IgG4-related disease, while Utebzi is an approved oral carbapenem commercialized by GSK in most licensed territories. The organization currently has a workforce of 25 employees.

Retains specified milestone and royalty economics tied to Utebzi after licensing tebipenem HBr to GSK. The earlier antibacterial portfolio narrowed when development of SPR206 and SPR720 ceased, concentrating the operating focus on SP001 and the GSK collaboration. GSK owns the IND and NDA for tebipenem HBr in the licensed territory.

Company facts

CEOEsther Rajavelu
ListedNov 2, 2017
ExchangeNASDAQ
HeadquartersCambridge, MA
CountryUnited States
Employees25
CIK0001701108
ISINUS84833T1034

Market cap$70.6M
EPS (ttm)$0.1100
P/E (ttm)11.09
ROE16.2%
P/B1.60
P/S1.64
Dividend yieldDiv yield
Beta1.53vs XLV 0.77

No analyst consensus on record.

Next report
Nov 12, 2026
in 70 days
EPS estimate
−$0.16
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.38−$0.25−$0.03−$0.13$0.53−$0.13−$0.16Pending
Estimate−$0.35−$0.55−$0.38−$0.25−$0.20−$0.18−$0.17−$0.16
Surprise−8.6%+54.5%+92.1%+48.0%+365.0%+27.8%+5.9%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$9.4M$5.9M$11.8M$3.0M$41.3M$258.0K$0Pending
Estimate$6.2M$11.0M$11.0M$12.0M$26.0M$258.0K
Surprise+50.9%−46.6%+7.3%−74.6%+58.8%0.0%
Estimate−$0.16
ReportedDue Nov 12, 2026
Estimate
ReportedDue Nov 12, 2026
View details

Debt to equity4.60%
Current ratio612.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$13.5M$15.0M$5.9M$11.8M$3.0M$39.7M$258.0K$0
Net income−$17.1M−$20.9M−$13.9M−$1.7M−$7.4M$31.5M−$7.2M−$9.6M
Net margin0.0%0.0%0.0%0.0%0.0%79.5%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$18.6M−$21.7M−$14.7M−$2.4M−$7.9M$31.4M−$7.5M−$9.9M
YoY growth−143.0%

Balance sheet, Jun 30, 2026Cash & short-term investments $50.8M · Total debt $2.0M · Total assets $52.8M · Shareholders' equity $44.2M

Revenue
$0
Operating income
−$9.9M
Net income
−$9.6M
View details

No dividends on record.

Institutions55 holders · as of Mar 31, 202635.45%20.64M shares
Insiders12 holders · as of Aug 6, 20268.49%4.94M shares
Otherremainder56.06%32.65M shares

58.23M 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
GSK PLCInstitution
15.78%9.19M13Fas of Mar 31, 2026
Pfizer IncInstitution
4.06%2.36M13Fas of Mar 31, 2026
Vanguard Capital Management LLCInstitution
3.09%1.80M13Fas of Mar 31, 2026
Sath ShuklaInsiderofficer: CEO & President
2.98%1.74MForm 4filed Feb 5, 2025
Renaissance Technologies LLCInstitution
2.04%1.19M13Fas 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
May 4, 2026Esther Rajaveluofficer: See Remarks−25,240$2.51
Feb 6, 2026Timothy Keutzerofficer: Chief Operating Officer−18,652$2.36
Feb 6, 2026Esther Rajaveluofficer: See Remarks−87,917$2.36
Feb 4, 2026Timothy Keutzerofficer: Chief Operating Officer−3,471$2.24
Feb 3, 2026Timothy Keutzerofficer: Chief Operating Officer−24,224$2.14
View details

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Compare

CompanyPriceChange
Spero Therapeutics$1.22+1.67%$70.6M11.11.6−100.0%
Amgen$442.50−0.08%$239.00B27.518.96.3+9.7%
Sanofi (ADR)$44.57+0.24%$106.78B78.21.9+11.2%
United Community Banks$35.40+1.20%$4.19B11.511.52.7+9.8%
Median27.515.22.7+9.8%