Tectonic Therapeutic TECX

NASDAQ TECX
$21.83 +0.68 (+3.19%)
At close: Oct 20, 2026 · 4:00 PM EDT

Tectonic Therapeutic (TECX) stock price is $21.83, up 3.19% on the day, as of Oct 20, 2026. It has a market cap of $412.47Mn, and is classified in the Biotechnology industry (Healthcare sector).

Key Stats
Market Cap412.47 Mn
P/E-4.81
Div. Yield0.00
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About

Tectonic Therapeutic, Inc. is a clinical-stage biotechnology company focused on the discovery and development of therapeutic proteins and antibodies that modulate the activity of G-protein coupled receptors (GPCRs). The company employs its proprietary GEODe™ platform to engineer biologics capable of targeting GPCRs, a receptor family that accounts for more than 30 % of all approved drugs yet remains under‑served by biologic approaches. Its lead programs include TX45,…

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Sector: Healthcare Sector rationale Tectonic Therapeutic is a clinical-stage biotechnology company developing therapeutic proteins and antibodies, such as TX45 and TX2100, for the treatment of medical conditions like pulmonary hypertension and hereditary hemorrhagic telangiectasia. Its core business activity is the discovery and development of pharmaceuticals, which falls squarely within the Biotechnology and Pharmaceuticals industries of the Healthcare sector. Industry: Biotechnology Biotechnology Primary Tectonic Therapeutic is a clinical-stage biotechnology company developing therapies derived from biological science, specifically therapeutic proteins and antibodies such as the TX45 Fc-relaxin fusion molecule and TX2100 VHH-Fc fusion antagonist antibody. Its core business is biology-based drug discovery using its proprietary GEODe platform to target G-protein coupled receptors. Classified using BQ-MICS CIK: 0001681087
Peer percentiles

How Tectonic Therapeutic ranks

Ranked against the 673 companies in Pharmaceuticals and Biotechnology58 metrics · as of Oct 16, 2026

Valuation

12 metrics · Lower multiples rank higher; a negative multiple ranks last
  • P/ENegative earnings −4.71xMedian 17.3x 54th
  • P/FCFNegative free cash flow −5.66xMedian 17.9x 51st
  • P/Operating cash flowNegative operating cash flow −5.68xMedian 16.4x 49th
  • P/S —Median 9.48x No data —
  • P/B 1.83xMedian 2.17x 57th
  • P/Tangible book 1.83xMedian 2.41x 59th
  • EV/EBITDANegative EBITDA −1.95xMedian 16.1x 30th
  • EV/EBITNegative EBIT −1.92xMedian 19.7x 34th
  • EV/Revenue —Median 6.87x No data —
  • EV/FCFNegative free cash flow −2.52xMedian 19.3x 32nd
  • EV/Operating cash flowNegative operating cash flow −2.53xMedian 16.2x 31st
  • PEG (3Y EPS CAGR)Negative earnings 0.06Median 0.35 Not meaningful —
Peer group

Peer Comparison

Companies in the Biotechnology
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S.No. Ticker Company Market CapP/EP/STotal Debt (Qtr)
1 LLY ELI LILLY & Co 1,146.94 Bn42.9414.4054.91 Bn
2 JNJ Johnson & Johnson 624.96 Bn29.716.3849.04 Bn
3 ABBV AbbVie Inc. 510.15 Bn80.857.9270.82 Bn
4 MRK Merck & Co., Inc. 366.13 Bn115.395.5053.91 Bn
5 NVS Novartis Ag 297.75 Bn18.875.449.59 Bn
6 AZN Astrazeneca Plc 261.93 Bn25.084.4632.35 Bn
7 AMGN Amgen Inc 236.51 Bn27.056.2157.30 Bn
8 TECX Tectonic Therapeutic, Inc. 0.41 Bn-4.81--