Its valuation is considered fairly valued, Institutional ownership is high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at max_target_price.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Belite Bio Inc's Score
Industry at a Glance
Industry Ranking
214 / 501
Overall Ranking
382 / 4682
Industry
Biotechnology & Medical Research
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
6
analysts
Buy
Current Rating
184.333
Target Price
+22.96%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Belite Bio Inc Highlights
StrengthsRisks
Belite Bio, Inc is a clinical-stage biopharmaceutical drug development company. The Company is focused on advancing novel therapeutics targeting retinal degenerative eye disease, such as Geographic Atrophy (GA), age-related macular degeneration (AMD), and Stargardt disease type 1 (STGD1), both of which progressively lead to permanent blindness, and metabolic diseases such as non-alcoholic fatty liver disease (NAFLD), non-alcoholic steatohepatitis (NASH), type 2 diabetes (T2D), and gout. Its lead product candidate, Tinlarebant, is an oral daily treatment for STGD1 and GA patients. In STGD1, it is developing Tinlarebant as a once-a-day tablet treatment to target Retinol binding protein 4 (RBP4) by disrupting vitamin A (retinol) binding to RBP4, which leads to reduced delivery of retinol to the eye and reduced accumulation of toxic vitamin A by-products. Its product candidate also includes LBS-009, an anti-RBP4 oral therapy targeting liver disease, including NAFLD, NASH, and T2D.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 0.00.
Undervalued
The company’s latest PE is -60.49, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 244.67K shares, decreasing 51.70% quarter-over-quarter.
Belite Bio, Inc is a clinical-stage biopharmaceutical drug development company. The Company is focused on advancing novel therapeutics targeting retinal degenerative eye disease, such as Geographic Atrophy (GA), age-related macular degeneration (AMD), and Stargardt disease type 1 (STGD1), both of which progressively lead to permanent blindness, and metabolic diseases such as non-alcoholic fatty liver disease (NAFLD), non-alcoholic steatohepatitis (NASH), type 2 diabetes (T2D), and gout. Its lead product candidate, Tinlarebant, is an oral daily treatment for STGD1 and GA patients. In STGD1, it is developing Tinlarebant as a once-a-day tablet treatment to target Retinol binding protein 4 (RBP4) by disrupting vitamin A (retinol) binding to RBP4, which leads to reduced delivery of retinol to the eye and reduced accumulation of toxic vitamin A by-products. Its product candidate also includes LBS-009, an anti-RBP4 oral therapy targeting liver disease, including NAFLD, NASH, and T2D.
Ticker SymbolBLTE
CompanyBelite Bio Inc
CEOLin (Yu-Hsin)
Websitehttps://belitebio.com/
FAQs
What is the current price of Belite Bio Inc (BLTE)?
The current price of Belite Bio Inc (BLTE) is 154.240.
What is the symbol of Belite Bio Inc?
The ticker symbol of Belite Bio Inc is BLTE.
What is the 52-week high of Belite Bio Inc?
The 52-week high of Belite Bio Inc is 162.000.
What is the 52-week low of Belite Bio Inc?
The 52-week low of Belite Bio Inc is 49.000.
What is the market capitalization of Belite Bio Inc?
The market capitalization of Belite Bio Inc is 4.91B.
What is the net income of Belite Bio Inc?
The net income of Belite Bio Inc is -36.14M.
Is Belite Bio Inc (BLTE) currently rated as Buy, Hold, or Sell?
According to analysts, Belite Bio Inc (BLTE) has an overall rating of Buy, with a price target of 184.333.
What is the Earnings Per Share (EPS TTM) of Belite Bio Inc (BLTE)?
The Earnings Per Share (EPS TTM) of Belite Bio Inc (BLTE) is -1.184.