Bicycle Therapeutics plc logo

Bicycle Therapeutics plc

BCYC

NASDAQHealthcareBiotechnology

Regular session

$4.365

−$0.005 · -0.11%

Aug 24, 12:28 PM ET

BCYC company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

54

Fair Value

Momentum

37

Weakening

Sentiment

60

Mixed

Risk resilience

38

High Risk

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Company profile

Company website

Bicycle Therapeutics plc, founded in 2009 and based in Cambridge, UK, is a clinical-stage biopharmaceutical company. Its core mission is to create innovative therapeutic classes for diseases currently lacking effective treatments. The company's leading investigational product, BT1718, is a Bicycle Toxin Conjugate (BTC) that is undergoing Phase I/IIa clinical trials. This candidate is engineered to target tumors specifically expressing Membrane Type 1 matrix metalloprotease. Other oncology assets in their pipeline include BT5528, also a BTC in Phase I/II studies, which targets EphA2, and BT8009, currently in Phase I/II clinical development, designed to target Nectin-4. Beyond cancer, Bicycle Therapeutics is advancing THR-149, a plasma kallikrein inhibitor that has completed Phase II clinical trials for the treatment of diabetic macular edema. Their portfolio also includes Bicycle tumor-targeted immune cell agonists (TICAs) such as BT7480, which targets Nectin-4, and BT7455, an EphA2/CD137 TICA presently in preclinical development. The company actively fosters collaborations with various biopharmaceutical entities and organizations, broadening its development efforts into therapeutic areas like anti-infectives, cardiovascular conditions, ophthalmology, and respiratory illnesses. Notable partnerships include a clinical trial and license agreement with Cancer Research Technology Limited and Cancer Research UK. They also maintain research collaborations with AstraZeneca, Sanofi, Oxurion, and the Dementia Discovery Fund. Furthermore, a significant discovery collaboration and license agreement with Genentech is in place for the identification and development of Bicycle peptides for multiple immuno-oncology targets.

Industry
Biotechnology
Sector
Healthcare
Headquarters
GB
CEO
Kevin Lee
Listed since
May 23, 2019
Employees
288

Market position

Day range

Current $4.365

52-week range

Current $4.365

Open
$4.33
Previous close
$4.37
Volume
60.5K
0.15× average
Average volume
411.88K
Average daily volume
Market cap
302.91M USD
Beta
1.53
Market reference 1
50-day average
$4.1028
+6.39% above average
200-day average
$5.3014
-17.66% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
-120.09M USD
P/E (TTM)
-1.6×
P/B (TTM)
0.6×
P/S (TTM)
4.95×
EV / EBITDA
0.57×
Earnings yield
-44.64%
Free cash flow yield
-51.50%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
100.00%
Operating margin
-343.69%
Net margin
-311.11%
Return on equity
-35.90%
Return on assets
-30.51%
Return on invested capital
-37.34%

Financial health

Debt / equity
0.03×
Current ratio
11.98×

Earnings

EPS beat rate
64%
7 beats, 4 misses, 0 met estimates
Average EPS surprise
+6.49%
11 comparable reports
Latest EPS result
-0.72
Estimate -0.56 · Miss by 27.59%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.25-0.57-0.89-1.21Q1 '25BeatQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual -0.8, estimate -0.85, surprise +5.88%, Beat. Q2 2025, reported May 1, 2025: actual -0.88, estimate -0.86, surprise -2.33%, Miss. Q3 2025, reported Aug 8, 2025: actual -1.14, estimate -0.95, surprise -20.00%, Miss. Q4 2025, reported Oct 30, 2025: actual -0.85, estimate -1.09, surprise +22.02%, Beat. Q1 2026, reported Mar 17, 2026: actual -0.29, estimate -0.937, surprise +69.06%, Beat. Q2 2026, reported Apr 30, 2026: actual -0.87, estimate -0.52, surprise -67.31%, Miss. Q3 2026, reported Jul 30, 2026: actual -0.72, estimate -0.564, surprise -27.59%, Miss. Q4 2026, reported Oct 29, 2026: actual —, estimate -0.399, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates51.74M34.67M17.6M534.65KQ1 '25MissQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual 3.71M USD, estimate 7.26M USD, surprise -48.94%, Miss. Q2 2025, reported May 1, 2025: actual 9.98M USD, estimate 9.24M USD, surprise +8.01%, Beat. Q3 2025, reported Aug 8, 2025: actual 2.92M USD, estimate 8.38M USD, surprise -65.16%, Miss. Q4 2025, reported Oct 30, 2025: actual 11.73M USD, estimate 7.08M USD, surprise +65.83%, Beat. Q1 2026, reported Mar 17, 2026: actual 47.96M USD, estimate 7.04M USD, surprise +581.57%, Beat. Q2 2026, reported Apr 30, 2026: actual 887K USD, estimate 7.5M USD, surprise -88.17%, Miss. Q3 2026, reported Jul 30, 2026: actual 629K USD, estimate 4.22M USD, surprise -85.10%, Miss. Q4 2026, reported Oct 29, 2026: actual —, estimate 12.22M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

21 ratings
Strong buy00%
Buy1781%
Hold419%
Sell00%
Strong sell00%

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