NASDAQ:CNTB Connect Biopharma (CNTB) Stock Price, News & Analysis → AI healthcare stock poised for 36,996% growth? (From Behind the Markets) (Ad) Free CNTB Stock Alerts $1.74 +0.13 (+8.07%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$1.67▼$1.9750-Day Range$1.05▼$1.6152-Week Range$0.53▼$2.84Volume470,054 shsAverage Volume131,281 shsMarket Capitalization$95.82 millionP/E RatioN/ADividend YieldN/APrice Target$6.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Connect Biopharma alerts: Email Address Connect Biopharma MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside244.8% Upside$6.00 Price TargetShort InterestHealthy0.20% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.96Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.76) to $0.19 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.74 out of 5 starsMedical Sector402nd out of 938 stocksPharmaceutical Preparations Industry184th out of 423 stocks 3.5 Analyst's Opinion Consensus RatingConnect Biopharma has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.00, Connect Biopharma has a forecasted upside of 244.8% from its current price of $1.74.Amount of Analyst CoverageConnect Biopharma has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.20% of the float of Connect Biopharma has been sold short.Short Interest Ratio / Days to CoverConnect Biopharma has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Connect Biopharma has recently decreased by 13.18%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldConnect Biopharma does not currently pay a dividend.Dividend GrowthConnect Biopharma does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CNTB. Previous Next 2.8 News and Social Media Coverage News SentimentConnect Biopharma has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Connect Biopharma this week, compared to 0 articles on an average week.Search InterestOnly 2 people have searched for CNTB on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Connect Biopharma insiders have not sold or bought any company stock.Percentage Held by Insiders22.60% of the stock of Connect Biopharma is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions58.72% of the stock of Connect Biopharma is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Connect Biopharma are expected to grow in the coming year, from ($0.76) to $0.19 per share.Price to Book Value per Share RatioConnect Biopharma has a P/B Ratio of 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsAI healthcare stock poised for 36,996% growth?Buy Alert Issued For AI Small Cap Our last two AI stocks jumped 150% and 130%... But we just issued a brand new "buy alert" for a new one...Get the name of the stock here... About Connect Biopharma Stock (NASDAQ:CNTB)Connect Biopharma Holdings Limited, a clinical-stage biopharmaceutical company, focuses on developing therapies to treat T cell-driven inflammatory diseases. The company is building a pipeline of small molecules and antibodies using functional T cell assays to screen and discover potent product candidates against validated immune targets. Its lead product candidate is CBP-201, an antibody to target interleukin-4 receptor alpha in development for the treatment of atopic dermatitis (AD) and asthma. The company's product candidates also comprise CBP-307, a modulator of S1P1 T cell receptor and is in development for the treatment of ulcerative colitis; and CBP-174, a peripherally acting antagonist of histamine receptor 3 in development for the treatment of pruritus associated with skin inflammation. Connect Biopharma Holdings Limited was founded in 2012 and is headquartered in San Diego, California.Read More CNTB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CNTB Stock News HeadlinesMarch 28, 2024 | americanbankingnews.comConnect Biopharma (NASDAQ:CNTB) Trading Up 21.1%March 19, 2024 | tmcnet.comConnect Biopharma to Participate in H.C. Wainwright 2n? Annual Autoimmune & Inflammatory Disease Virtual ConferenceMarch 28, 2024 | Behind the Markets (Ad)AI healthcare stock poised for 36,996% growth?Buy Alert Issued For AI Small Cap Our last two AI stocks jumped 150% and 130%... But we just issued a brand new "buy alert" for a new one...March 19, 2024 | globenewswire.comConnect Biopharma to Participate in H.C. Wainwright 2ⁿᵈ Annual Autoimmune & Inflammatory Disease Virtual ConferenceMarch 5, 2024 | msn.comHC Wainwright & Co. Initiates Coverage of Connect Biopharma Holdings Limited - Depositary Receipt () (CNTB) with Buy RecommendationFebruary 22, 2024 | benzinga.comConnect Biopharma Hldgs Stock (NASDAQ:CNTB) Dividends: History, Yield and DatesFebruary 12, 2024 | finance.yahoo.comConnect Biopharma Appoints Industry Veteran James Huang to Board of DirectorsJanuary 29, 2024 | finance.yahoo.comWill Connect Biopharma Holdings (NASDAQ:CNTB) Spend Its Cash Wisely?March 28, 2024 | Behind the Markets (Ad)AI healthcare stock poised for 36,996% growth?Buy Alert Issued For AI Small Cap Our last two AI stocks jumped 150% and 130%... But we just issued a brand new "buy alert" for a new one...December 15, 2023 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Healthcare Companies: Connect Biopharma Holdings (CNTB) and Inspire Medical Systems (INSP)December 15, 2023 | seekingalpha.comCNTB Connect Biopharma Holdings LimitedDecember 12, 2023 | morningstar.comConnect Biopharma Holdings Ltd ADR CNTBDecember 12, 2023 | marketwatch.comConnect Biopharma Shares Jump on Positive Results for Asthma Treatment TrialDecember 12, 2023 | msn.comConnect Biopharma gains as asthma candidate succeeds in mid-stage trialDecember 12, 2023 | finance.yahoo.comConnect Biopharma Announces Positive Rademikibart Global Phase 2b Topline Results in Adult Patients with Moderate-to-Severe Persistent AsthmaDecember 11, 2023 | finance.yahoo.comConnect Biopharma to Announce Top-Line Data from the Global Phase 2b Trial of Rademikibart in Patients with Moderate-to-Severe Asthma on December 12, 2023November 30, 2023 | finance.yahoo.comStonegate Healthcare Partners Releases Report on Transformative Therapies for Pruritus ManagementNovember 28, 2023 | finance.yahoo.comIs Connect Biopharma Holdings (CNTB) Stock Outpacing Its Medical Peers This Year?November 21, 2023 | msn.comWhy Is Skin Disease-Focused Connect Biopharma Stock Lower Today?November 21, 2023 | msn.comConnect Biopharma stock rises on positive data from dermatitis mAbNovember 21, 2023 | finance.yahoo.comConnect Biopharma Announces Positive Long-Term Data from the China Pivotal Trial of Rademikibart in Patients with Moderate-to-Severe Atopic DermatitisNovember 21, 2023 | finance.yahoo.comConnect Biopharma and Simcere Announce Exclusive Licensing and Collaboration Agreement in Greater ChinaNovember 20, 2023 | finance.yahoo.comConnect Biopharma to Announce Long-Term Data from the China Pivotal Trial of Rademikibart in Patients with Moderate-to-Severe Atopic Dermatitis on November 21, 2023November 9, 2023 | finance.yahoo.comConnect Biopharma Holdings Limited's (NASDAQ:CNTB) largest shareholders are private equity firms with 41% ownership, insiders own 22%November 6, 2023 | finance.yahoo.comIs Connect Biopharma Holdings (CNTB) Outperforming Other Medical Stocks This Year?November 1, 2023 | msn.comConnect Biopharma Holdings Ltd - ADR (CNTB) Price Target Increased by 16.67% to 7.14October 20, 2023 | finance.yahoo.comHas Connect Biopharma Holdings (CNTB) Outpaced Other Medical Stocks This Year?See More Headlines Receive CNTB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Connect Biopharma and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Today3/28/2024Next Earnings (Estimated)4/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:CNTB CUSIPN/A CIK1835268 Webwww.connectbiopharm.com Phone18587271045FaxN/AEmployees100Year FoundedN/APrice Target and Rating Average Stock Price Target$6.00 High Stock Price Target$7.00 Low Stock Price Target$5.00 Potential Upside/Downside+244.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current Ratio9.25 Quick RatioN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$2.86 per share Price / Book0.61Miscellaneous Outstanding Shares55,070,000Free Float42,626,000Market Cap$95.82 million OptionableOptionable Beta-0.73 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesDr. Wubin Pan M.B.A. (Age 59)Ph.D., Co-Founder, President & Chairman of the Board of Directors Dr. Zheng Wei Ph.D. (Age 60)Co-Founder, CEO & Director Mr. Steven Chan (Age 52)Chief Financial Officer Mr. Jiang Bian J.D.General Counsel & Chief Compliance OfficerDr. Lei Sun Ph.D. (Age 60)VP of Biologics & Head of CMC Dr. Raul Collazo Ph.D.VP & Global Head of Medical AffairsDr. Malinda V. Longphre Ph.D.VP & Head of US Clinical OperationsMore ExecutivesKey CompetitorsEquilliumNASDAQ:EQAssembly BiosciencesNASDAQ:ASMBKronos BioNASDAQ:KRONBioLineRxNASDAQ:BLRXEliem TherapeuticsNASDAQ:ELYMView All CompetitorsInstitutional OwnershipBML Capital Management LLCBought 2,061,438 shares on 1/30/2024Ownership: 3.743%View All Institutional Transactions CNTB Stock Analysis - Frequently Asked Questions Should I buy or sell Connect Biopharma stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Connect Biopharma in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CNTB shares. View CNTB analyst ratings or view top-rated stocks. What is Connect Biopharma's stock price target for 2024? 3 analysts have issued 1 year target prices for Connect Biopharma's stock. Their CNTB share price targets range from $5.00 to $7.00. On average, they anticipate the company's stock price to reach $6.00 in the next twelve months. This suggests a possible upside of 244.8% from the stock's current price. View analysts price targets for CNTB or view top-rated stocks among Wall Street analysts. How have CNTB shares performed in 2024? Connect Biopharma's stock was trading at $1.18 on January 1st, 2024. Since then, CNTB shares have increased by 47.5% and is now trading at $1.74. View the best growth stocks for 2024 here. Are investors shorting Connect Biopharma? Connect Biopharma saw a drop in short interest in March. As of March 15th, there was short interest totaling 107,400 shares, a drop of 13.2% from the February 29th total of 123,700 shares. Based on an average daily volume of 133,300 shares, the short-interest ratio is currently 0.8 days. Currently, 0.2% of the shares of the company are sold short. View Connect Biopharma's Short Interest. When is Connect Biopharma's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 9th 2024. View our CNTB earnings forecast. When did Connect Biopharma IPO? Connect Biopharma (CNTB) raised $150 million in an IPO on Friday, March 19th 2021. The company issued 9,400,000 shares at $15.00-$17.00 per share. Jefferies, VB Leerink, Piper Sandler and CICC served as the underwriters for the IPO. Who are Connect Biopharma's major shareholders? Connect Biopharma's stock is owned by a variety of institutional and retail investors. Top institutional investors include BML Capital Management LLC (3.74%) and Concourse Financial Group Securities Inc. (0.00%). How do I buy shares of Connect Biopharma? Shares of CNTB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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