Fortress Biotech, Inc. logo

Fortress Biotech, Inc.

FBIO

NASDAQHealthcareBiotechnology

Previous close

$2.87

+$0.10 · +3.61%

Aug 21, 4:00 PM ET

FBIO company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

71

Undervalued

Momentum

76

Gaining

Sentiment

81

Very Bullish

Risk resilience

41

Elevated Risk

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Company profile

Company website

Fortress Biotech, Inc. operates as a biopharmaceutical firm dedicated to the development and commercialization of a diverse range of pharmaceutical and biotechnology products. The company currently offers a portfolio of dermatological treatments. These include Ximino and Targadox, both formulated to address various forms of acne (ranging from moderate-to-severe inflammatory lesions to severe cases). Other products in this segment are Exelderm cream for fungal skin infections like ringworm and jock itch, Ceracade for dry skin conditions, Luxamend for wound care, and Accutane capsules for particularly severe, stubborn nodular acne. Its pipeline features several promising late-stage drug candidates, targeting a diverse range of medical needs. These include intravenous Tramadol for acute post-operative pain, CUTX-101 (an injection for Menkes disease), MB-107 and MB-207 for X-linked severe combined immunodeficiency, Cosibelimab for metastatic cancers, CK-101 for non-small cell lung cancer characterized by EGFR mutations, CAEL-101 for amyloid light chain (AL) amyloidosis, the Triplex vaccine for cytomegalovirus, and CEVA101 for critical traumatic brain injuries in adults and children. Furthermore, its earlier-stage research encompasses various investigational treatments such as MB-102 for blastic plasmacytoid dendritic cell neoplasm, MB-101 for glioblastoma, MB-104 for multiple myeloma and light chain amyloidosis, MB-106 for B-cell non-Hodgkin lymphoma, MB-103 for glioblastoma and metastatic breast cancer to the brain, MB-108, MB-105 for prostate and pancreatic malignancies, and BAER-101. In the preclinical phase, Fortress Biotech is exploring an array of novel therapeutic approaches. These comprise AAV-ATP7A and AVTS-001 (both gene-based therapies), the CK-103 BET inhibitor, CEVA-D and CEVA-102, CK-302 (an antibody targeting GITR), CK-303 (an antibody against CAIX), ConVax, and the ONCOlogues oligonucleotide platform. The company also actively engages in collaborative ventures with universities, research institutions, and other pharmaceutical organizations. Originally established in 2006, the entity operated as Coronado Biosciences, Inc. before rebranding as Fortress Biotech, Inc. in April 2015. Its corporate headquarters are situated in Bay Harbor Island, New York.

Industry
Biotechnology
Sector
Healthcare
Headquarters
US
CEO
Lindsay Allan Rosenwald
Listed since
Nov 17, 2011
Employees
78

Market position

Day range

Current $2.87

52-week range

Current $2.87

Open
$2.845
Previous close
$2.77
Volume
202.72K
0.39× average
Average volume
524.51K
Average daily volume
Market cap
95.34M USD
Beta
1.21
Market reference 1
50-day average
$3.0658
-6.39% below average
200-day average
$2.9976
-4.26% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
97.04M USD
EV / EBITDA
-4.81×
Earnings yield
6.67%
Free cash flow yield
-64.41%

Profitability & efficiency

Return on equity
13.66%
Return on assets
3.67%
Return on invested capital
-49.97%

Financial health

Current ratio
2.49×
Altman Z-score
0.28
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends108%-31%-170%-309%Gross margin, FY2021: 53.36%Gross margin, FY2022: 59.37%Gross margin, FY2023: 72.91%Gross margin, FY2024: 63.80%Gross margin, FY2025: 66.92%Operating margin, FY2021: -274.08%Operating margin, FY2022: -268.76%Operating margin, FY2023: -168.43%Operating margin, FY2024: -191.38%Operating margin, FY2025: -111.00%Net margin, FY2021: -94.06%Net margin, FY2022: -114.30%Net margin, FY2023: -71.75%Net margin, FY2024: -79.75%Net margin, FY2025: 10.77%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 53.36%. Gross margin FY2022 59.37%. Gross margin FY2023 72.91%. Gross margin FY2024 63.80%. Gross margin FY2025 66.92%. Operating margin FY2021 -274.08%. Operating margin FY2022 -268.76%. Operating margin FY2023 -168.43%. Operating margin FY2024 -191.38%. Operating margin FY2025 -111.00%. Net margin FY2021 -94.06%. Net margin FY2022 -114.30%. Net margin FY2023 -71.75%. Net margin FY2024 -79.75%. Net margin FY2025 10.77%.

Income trends

Revenue

63.26M USD+9.69%

Operating income

−70.22M USD+36.38%

Net income

6.82M USD+52.81M USD
Income trends across reported periods113.32M USD−1.91M USD−117.14M USD−232.37M USDRevenue, FY2021: 68.79M USDRevenue, FY2022: 75.74M USDRevenue, FY2023: 84.51M USDRevenue, FY2024: 57.68M USDRevenue, FY2025: 63.26M USDOperating income, FY2021: −188.54M USDOperating income, FY2022: −203.56M USDOperating income, FY2023: −142.34M USDOperating income, FY2024: −110.38M USDOperating income, FY2025: −70.22M USDNet income, FY2021: −64.7M USDNet income, FY2022: −86.58M USDNet income, FY2023: −60.64M USDNet income, FY2024: −46M USDNet income, FY2025: 6.82M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 68.79M USD. Revenue FY2022 75.74M USD. Revenue FY2023 84.51M USD. Revenue FY2024 57.68M USD. Revenue FY2025 63.26M USD. Operating income FY2021 −188.54M USD. Operating income FY2022 −203.56M USD. Operating income FY2023 −142.34M USD. Operating income FY2024 −110.38M USD. Operating income FY2025 −70.22M USD. Net income FY2021 −64.7M USD. Net income FY2022 −86.58M USD. Net income FY2023 −60.64M USD. Net income FY2024 −46M USD. Net income FY2025 6.82M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue63.26M USD57.68M USD84.51M USD75.74M USD68.79M USD
Cost of goods sold20.92M USD20.88M USD22.89M USD30.78M USD32.08M USD
Gross profit42.34M USD36.8M USD61.62M USD44.97M USD36.71M USD
Research and development11.9M USD56.88M USD106.07M USD134.88M USD128.87M USD
Selling, general, and administrative96.4M USD87.73M USD90.98M USD113.66M USD86.84M USD
Operating expenses112.56M USD147.18M USD203.96M USD248.53M USD225.25M USD
Interest income2.49M USD2.68M USD3M USD1.4M USD649K USD
Interest expense8.71M USD9.93M USD12.52M USD13.64M USD15.31M USD
Depreciation and amortization4.66M USD4.46M USD6M USD9.35M USD6.79M USD
Operating income−70.22M USD−110.38M USD−142.34M USD−203.56M USD−188.54M USD
Net income6.82M USD−46M USD−60.64M USD−86.58M USD−64.7M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$5.00

74.22% upside
Past 12 months12-month forecastHigh $5.00Average $5.00Low $5.00

Recent analyst actions

2 institutions

FBIO news

Corporate actions

Corporate action history

Stock split

Effective Oct 10, 2023

1:15

FBIO peers

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