(FBIO) Fortress Biotech - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US34960Q3074

Stock: Dermatology Drugs, Pain Therapy, Oncologic Agents, Vaccines, Gene Therapy

Total Rating 40
Risk 33
Buy Signal 0.07

EPS (Earnings per Share)

EPS (Earnings per Share) of FBIO over the last years for every Quarter: "2020-12": -0.05, "2021-03": -0.11, "2021-06": -0.29, "2021-09": -0.14, "2021-12": -0.38, "2022-03": -0.18, "2022-06": -0.24, "2022-09": -0.25, "2022-12": -0.3, "2023-03": -0.21, "2023-06": -0.24, "2023-09": -0.94, "2023-12": -1.28, "2024-03": -1.03, "2024-06": -0.73, "2024-09": -0.76, "2024-12": -0.2993, "2025-03": -0.48, "2025-06": 0.45, "2025-09": 0.11,

Revenue

Revenue of FBIO over the last years for every Quarter: 2020-12: 13.749, 2021-03: 11.587, 2021-06: 17.843, 2021-09: 21.085, 2021-12: 18.276, 2022-03: 23.925, 2022-06: 18.886, 2022-09: 16.528, 2022-12: 16.404, 2023-03: 12.429, 2023-06: 17.386, 2023-09: 34.752, 2023-12: 19.946, 2024-03: 13.03, 2024-06: 14.896, 2024-09: 14.629, 2024-12: 15.12, 2025-03: 13.139, 2025-06: 16.413, 2025-09: 17.631,
Risk 5d forecast
Volatility 100%
Relative Tail Risk -15.1%
Reward TTM
Sharpe Ratio 1.09
Alpha 63.26
Character TTM
Beta 0.650
Beta Downside 0.777
Drawdowns 3y
Max DD 89.48%
CAGR/Max DD -0.38

Description: FBIO Fortress Biotech December 22, 2025

Fortress Biotech (NASDAQ:FBIO) is a U.S.-based biopharmaceutical firm that both markets a suite of dermatology and pain-management products (e.g., Emrosi, Qbrexza, Accutane, Amzeeq, Zilxi, Exelderm, Targadox, Luxamend) and advances a diversified pipeline spanning injectable therapies, oncology monoclonal antibodies, gene-therapy candidates, and vaccine platforms.

Beyond its commercial portfolio, FBIO’s pipeline includes late-stage assets such as UNLOXCYT for metastatic cutaneous squamous cell carcinoma, Olafertinib for EGFR-mutated NSCLC, and CAEL-101 for AL amyloidosis, as well as early-stage programs targeting gout (Dotinurad), glioblastoma (MB-101/108/109), B-cell NHL (MB-106), and gene-therapy vectors (AAV-ATP7A, AVTS-001). The company’s strategy relies on multiple partnership and acquisition pathways to broaden its addressable market.

As of the most recent quarter, FBIO reported a market capitalization of roughly $300 million and a cash runway of ~ $150 million, giving it roughly 12-month liquidity at current burn rates. The broader biotech sector is benefiting from a 7 % YoY increase in R&D spending and a 4 % rise in FDA approvals for novel therapies, which supports higher valuation multiples for companies with diversified pipelines like FBIO.

For a deeper quantitative view, you may find ValueRay’s analyst dashboard useful.

Piotroski VR‑10 (Strict, 0-10) 2.5

Net Income: 3.99m TTM > 0 and > 6% of Revenue
FCF/TA: -0.36 > 0.02 and ΔFCF/TA 44.02 > 1.0
NWC/Revenue: 103.4% < 20% (prev 25.56%; Δ 77.87% < -1%)
CFO/TA -0.36 > 3% & CFO -66.1m > Net Income 3.99m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 2.19 > 1.5 & < 3
Outstanding Shares: last quarter (33.1m) vs 12m ago 68.05% < -2%
Gross Margin: 65.83% > 18% (prev 0.62%; Δ 6521 % > 0.5%)
Asset Turnover: 40.39% > 50% (prev 49.18%; Δ -8.79% > 0%)
Interest Coverage Ratio: -4.25 > 6 (EBITDA TTM -38.8m / Interest Expense TTM 10.3m)

Altman Z'' -15.00

A: 0.36 (Total Current Assets 118.5m - Total Current Liabilities 54.1m) / Total Assets 181.4m
B: -4.02 (Retained Earnings -730.1m / Total Assets 181.4m)
C: -0.28 (EBIT TTM -43.9m / Avg Total Assets 154.2m)
D: -6.28 (Book Value of Equity -730.1m / Total Liabilities 116.2m)
Altman-Z'' Score: -19.30 = D

Beneish M -1.86

DSRI: 1.68 (Receivables 18.1m/10.8m, Revenue 62.3m/62.5m)
GMI: 0.94 (GM 65.83% / 61.85%)
AQI: 1.45 (AQ_t 0.26 / AQ_t-1 0.18)
SGI: 1.00 (Revenue 62.3m / 62.5m)
TATA: 0.39 (NI 3.99m - CFO -66.1m) / TA 181.4m)
Beneish M-Score: -1.86 (Cap -4..+1) = B

What is the price of FBIO shares?

As of February 09, 2026, the stock is trading at USD 3.27 with a total of 620,472 shares traded.
Over the past week, the price has changed by +3.81%, over one month by -25.34%, over three months by +26.25% and over the past year by +86.86%.

Is FBIO a buy, sell or hold?

Fortress Biotech has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy FBIO.
  • StrongBuy: 1
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the FBIO price?

Issuer Target Up/Down from current
Wallstreet Target Price 10.8 228.7%
Analysts Target Price 10.8 228.7%
ValueRay Target Price 3.3 1.2%

FBIO Fundamental Data Overview February 05, 2026

P/E Forward = 312.5
P/S = 1.5394
P/B = 1.7503
P/EG = -0.1
Revenue TTM = 62.3m USD
EBIT TTM = -43.9m USD
EBITDA TTM = -38.8m USD
Long Term Debt = 47.8m USD (from longTermDebt, last quarter)
Short Term Debt = 7.75m USD (from shortTermDebt, last quarter)
Debt = 68.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -17.9m USD (from netDebt column, last quarter)
Enterprise Value = 78.0m USD (95.9m + Debt 68.3m - CCE 86.2m)
Interest Coverage Ratio = -4.25 (Ebit TTM -43.9m / Interest Expense TTM 10.3m)
EV/FCF = -1.18x (Enterprise Value 78.0m / FCF TTM -66.1m)
FCF Yield = -84.81% (FCF TTM -66.1m / Enterprise Value 78.0m)
FCF Margin = -106.2% (FCF TTM -66.1m / Revenue TTM 62.3m)
Net Margin = 6.40% (Net Income TTM 3.99m / Revenue TTM 62.3m)
Gross Margin = 65.83% ((Revenue TTM 62.3m - Cost of Revenue TTM 21.3m) / Revenue TTM)
Gross Margin QoQ = 67.36% (prev 69.91%)
Tobins Q-Ratio = 0.43 (Enterprise Value 78.0m / Total Assets 181.4m)
Interest Expense / Debt = 3.54% (Interest Expense 2.42m / Debt 68.3m)
Taxrate = 0.29% (26.0k / 8.85m)
NOPAT = -43.7m (EBIT -43.9m * (1 - 0.29%)) [loss with tax shield]
Current Ratio = 2.19 (Total Current Assets 118.5m / Total Current Liabilities 54.1m)
Debt / Equity = 1.22 (Debt 68.3m / totalStockholderEquity, last quarter 55.9m)
Debt / EBITDA = 0.46 (negative EBITDA) (Net Debt -17.9m / EBITDA -38.8m)
Debt / FCF = 0.27 (negative FCF - burning cash) (Net Debt -17.9m / FCF TTM -66.1m)
Total Stockholder Equity = 36.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.58% (Net Income 3.99m / Total Assets 181.4m)
RoE = 11.02% (Net Income TTM 3.99m / Total Stockholder Equity 36.2m)
RoCE = -52.26% (EBIT -43.9m / Capital Employed (Equity 36.2m + L.T.Debt 47.8m))
RoIC = -47.45% (negative operating profit) (NOPAT -43.7m / Invested Capital 92.2m)
WACC = 6.32% (E(95.9m)/V(164.2m) * Re(8.31%) + D(68.3m)/V(164.2m) * Rd(3.54%) * (1-Tc(0.00)))
Discount Rate = 8.31% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 105.9%
Fair Price DCF = unknown (Cash Flow -66.1m)
EPS Correlation: 8.96 | EPS CAGR: 11.90% | SUE: 0.15 | # QB: 0
Revenue Correlation: -32.92 | Revenue CAGR: -0.95% | SUE: -0.30 | # QB: 0
EPS next Year (2026-12-31): EPS=0.01 | Chg30d=+2.130 | Revisions Net=+1 | Growth EPS=-96.8% | Growth Revenue=+49.3%

Additional Sources for FBIO Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle