UPB

Upstream Bio, Inc.

Nasdaq · Pharmaceutical Preparations · Inc. DE · CIK 0002022626
$6.45 -8.51% $351.0M
Insider Selling Cluster (5 insiders)5 New Institutional Positions
Vol
Market Cap$351.0M
Cap SizeSmall Cap
Analyst ConsensusStrong Buy (83%)
Inst. Holders9 funds
Inst. Value$362.4M
Inst. Activity5 buys / 0 sells
Insider Activity0B / 5S
Insider Net $-$46.6K
SEC Reports3
Press Releases4
Exchange Nasdaq·Sector Pharmaceutical Preparations·Inc. DE·CIK 0002022626·Prev Close $7.05

Recent Activity

May 18, 2026 fda
Upstream Bio Presents New Data from Phase 2 VIBRANT Trial of Verekitug Demonstrating Improvement in Asthma Symptom Control in Participants with CRSwNP and Comorbid Asthma at the ATS 2026 International Conference
<p align="center"><em>– Verekitug led to statistically significant and clinically meaningful improve
May 13, 2026 SEC
Upstream Bio reported Q1 2026 EPS of -$0.79, missing consensus of -$0.75 by 5.3%, with net loss widening to $40.6M from
PRESS-RELEASE — Impact 6/10
Mar 26, 2026 SEC
Upstream Bio is conducting an at-the-market offering of up to $150 million in common stock through Leerink Partners. The
424B5 — Impact 6/10
Mar 17, 2026 SEC
Three corporate insiders at Upstream Bio, Inc. (UPB) sold shares in a coordinated open-market transaction on March 16, 2
CLUSTER — Impact 3/10
Mar 16, 2026 Insider
Deykin Aaron sold 894 shares
Chief Medical Officer @ $9.29 ($8.3K)
Mar 16, 2026 Insider
GRAY MICHAEL sold 852 shares
CFO and COO @ $9.29 ($7.9K)
Mar 16, 2026 Insider
Ambrose Allison sold 475 shares
General Counsel @ $9.29 ($4.4K)
Inst.
NORGES BANK — NEW
2,882,647 shares ($78.3M)

Price Targets

$41.63 +522.2% upside Strong Buy
Current $6.69 Low $15.00 Median $39.50 High $75.00 8 analysts
$15.00 $75.00

Analyst Ratings

Strong Buy83% buy · 12 analysts
2Strong Buy
8Buy
2Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
Jun 3, 2026 HC Wainwright & Co. INITIATE Buy
May 14, 2026 Mizuho MAINTAIN Outperform → Outperform
Mar 27, 2026 Evercore ISI Group DOWNGRADE Outperform → In-Line
Dec 18, 2025 Mizuho INITIATE Outperform

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $-0.75 ▼ -1.0% $-0.87 — $-0.62 -1% YoY 9
Next Q $-0.71 $-0.88 — $-0.46 -13% YoY 9
Current FY $-2.90 ▲ +1.1% $-3.37 — $-2.41 -9% YoY 9
Next FY $-3.03 ▲ +6.2% $-3.90 — $-2.42 -4% YoY 8

Top Institutional Holders

FundValueMove
FMR LLC$204.1M
NORGES BANK$78.3MNEW
VANGUARD GROUP INC$64.8MDOUBLED
CHARLES SCHWAB INVESTMENT MANAGEMENT$7.7MADD
MORGAN STANLEY$3.3MADD

Recent Insider Trades

DateInsiderTypeValue
Mar 16, 2026Deykin AaronSELL$8.3K
Mar 16, 2026GRAY MICHAELSELL$7.9K
Mar 16, 2026Ambrose AllisonSELL$4.4K
Mar 16, 2026Sutherland EverettSELL$19.4K
Mar 16, 2026Houghton AdamSELL$6.5K
9 institutional holders with $362.4M total value (13,346,365 shares) as of 2025-Q4. Top holders: FMR, NORGES, VANGUARD. Net buying activity: 5 institutions added/increased vs 0 reduced.

Top Institutional Holders — 2025-Q4

#FundSharesValue% of TrackedLast Move
1FMR LLC7,518,202$204.1M56.3%
2NORGES BANK2,882,647$78.3M21.6%NEW
3VANGUARD GROUP INC2,388,439$64.8M17.9%DOUBLED +139.3%
4CHARLES SCHWAB INVESTMENT MANAGEMENT INC284,931$7.7M2.1%ADD +59.8%
5MORGAN STANLEY122,068$3.3M0.9%ADD +39.5%
6BANK OF AMERICA CORP /DE/86,384$2.3M0.6%ADD +55.7%
7WELLS FARGO & COMPANY/MN36,794$999.0K0.3%ADD +46.2%
8RENAISSANCE TECHNOLOGIES LLC16,400$445.3K0.1%NEW
9TWO SIGMA INVESTMENTS, LP10,500$285.1K0.1%NEW

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
NORGES BANKNEW2,882,647$78.3M2025-Q4
MORGAN STANLEYADD87,535122,068+39.5%$3.3M2025-Q4
BANK OF AMERICA CORP /DE/ADD55,47386,384+55.7%$2.3M2025-Q4
WELLS FARGO & COMPANY/MNADD25,16036,794+46.2%$999.0K2025-Q4
RENAISSANCE TECHNOLOGIES LLCNEW16,400$445.3K2025-Q4
CHARLES SCHWAB INVESTMENT MANAGEMENT INCADD178,253284,828+59.8%$5.4M2025-Q3
BANK OF AMERICA CORP /DE/DOUBLED18,03155,473+207.7%$1.0M2025-Q3
TWO SIGMA INVESTMENTS, LPNEW10,500$197.5K2025-Q3
NORGES BANKEXIT969,9160-100.0%$0.002025-Q3
VANGUARD GROUP INCDOUBLED907,0262,170,833+139.3%$23.8M2025-Q2
NORGES BANKNEW969,916$10.6M2025-Q2
UBS Group AGADD131,551232,887+77.0%$2.6M2025-Q2
CHARLES SCHWAB INVESTMENT MANAGEMENT INCADD132,173178,253+34.9%$2.0M2025-Q2
MORGAN STANLEYADD51,39199,308+93.2%$1.1M2025-Q2
WELLS FARGO & COMPANY/MNDOUBLED9,25022,364+141.8%$245.6K2025-Q2
BANK OF AMERICA CORP /DE/ADD10,53118,031+71.2%$198.0K2025-Q2
TWO SIGMA INVESTMENTS, LPEXIT21,7890-100.0%$0.002025-Q2
TWO SIGMA INVESTMENTS, LPNEW21,789$133.3K2025-Q1
NORGES BANKEXIT1,000,0000-100.0%$0.002025-Q1
CITADEL ADVISORS LLCEXIT180,0000-100.0%$0.002025-Q1
NORGES BANKNEW1,000,000$16.4M2024-Q4
CITADEL ADVISORS LLCNEW180,000$3.0M2024-Q4
UBS Group AGNEW161,512$2.7M2024-Q4
CHARLES SCHWAB INVESTMENT MANAGEMENT INCNEW135,323$2.2M2024-Q4
MORGAN STANLEYNEW43,163$709.6K2024-Q4
5 unique insiders with 5 transactions. Net insider value: -$46.6K ($0.00 bought, $46.6K sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Mar 16, 2026Deykin AaronChief Medical OfficerSELL894$9.29$8.3K
Mar 16, 2026GRAY MICHAELCFO and COOSELL852$9.29$7.9K
Mar 16, 2026Ambrose AllisonGeneral CounselSELL475$9.29$4.4K
Mar 16, 2026Sutherland Everett RandChief Executive OfficerSELL2,093$9.29$19.4K
Mar 16, 2026Houghton AdamChief Business OfficerSELL699$9.29$6.5K
Current analyst consensus: Strong Buy (83% buy). Based on 12 analysts: 2 strong buy, 8 buy, 2 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$41.63 mean target +522.2% upside Strong Buy (1.44)
$15.00 Low $75.00 High
MetricValue
Current Price$6.69
Target Low$15.00
Target Mean$41.63
Target Median$39.50
Target High$75.00
# Analysts8
RecommendationStrong Buy (1.44)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$-0.75 $-0.87 $-0.62 -1.2% -1.0% 1↑ 1↓ $0.0B -54.0% 9
Next Q
2026-09-30
$-0.71 $-0.88 $-0.46 -12.7% -0.2% 1↑ 1↓ $0.0B -36.6% 9
Current FY
2026-12-31
$-2.90 $-3.37 $-2.41 -9.2% +1.1% 3↑ 3↓ $0.0B -33.1% 9
Next FY
2027-12-31
$-3.03 $-3.90 $-2.42 -4.3% +6.2% 1↑ 1↓ $0.0B -13.5% 8

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$-0.749
7d ago$-0.748-0.001
30d ago$-0.741-0.008
60d ago$-0.741-0.008
90d ago$-0.754+0.005
3 analyst firms have rated this stock: 0 upgrades, 1 downgrades, 2 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
Jun 3, 2026 HC Wainwright & Co. INITIATE Buy
May 14, 2026 Mizuho MAINTAIN Outperform Outperform
Mar 27, 2026 Evercore ISI Group DOWNGRADE Outperform In-Line
Dec 18, 2025 Mizuho INITIATE Outperform

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20262820083%
May 1, 20262820083%
Apr 1, 20262820083%
Mar 1, 20262910092%
Feb 1, 20262910092%
Jan 1, 20262910092%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

May 18, 2026
fda
Upstream Bio Presents New Data from Phase 2 VIBRANT Trial of Verekitug Demonstrating Improvement in Asthma Symptom Control in Participants with CRSwNP and Comorbid Asthma at the ATS 2026 International Conference
<p align="center"><em>– Verekitug led to statistically significant and clinically meaningful improvement in asthma symptom control as measured by the
May 13, 2026
earnings
Upstream Bio Reports First Quarter 2026 Financial Results and Recent Business Highlights
<p align="center"><em>– Company rapidly advancing Phase 3 programs designed to deliver best-in-class efficacy with convenient quarterly dosing in seve
May 12, 2026
earnings_calendar
UPB Q1 2026 Earnings Scheduled — 2026-05-12
May 11, 2026
earnings_calendar
UPB Q1 2026 Earnings Scheduled — 2026-05-11
May 4, 2026
earnings_calendar
UPB Q1 2026 Earnings Scheduled — 2026-05-04
May 2, 2026
Clinical Trial
A Study to Investigate the Efficacy and Safety of Verekitug (UPB-101) in Adult Participants With Severe Asthma (VALIANT)
Phase Phase 2 — COMPLETED
Apr 17, 2026
fda
Upstream Bio to Present New Data from Phase 2 VIBRANT Trial of Verekitug at the ATS 2026 International Conference
<p>WALTHAM, Mass., April 17, 2026 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=bu3pt0gtafbHuvYXnkfprCTCFtb7pvCt4sMw3T-8Xe
Mar 26, 2026
earnings
Upstream Bio Highlights Phase 3 Development Strategy for Verekitug and Reports Fourth Quarter and Full Year 2025 Financial Results
<p align="center"><em>– Company to pursue Phase 3 development strategy designed to deliver best-in-class efficacy with a high-dose quarterly regimen i
Mar 18, 2026
earnings_calendar
UPB Q4 2025 Earnings Scheduled — 2026-03-18
Mar 10, 2026
earnings_calendar
UPB Q4 2025 Earnings Scheduled — 2026-03-10
Mar 1, 2026
fda
Upstream Bio Presents Additional Analyses from the Phase 2 VIBRANT Trial of Verekitug in Chronic Rhinosinusitis with Nasal Polyps at 2026 AAAAI Annual Meeting
<p align="center">– <em>Primary endpoint of endoscopic nasal polyp score (NPS) showed reduction of -</em><em>1.95 (p &lt; 0.0001) </em><em>in new anal
Feb 13, 2026
short_interest
FTD: UPB — 277,759 shares ($3.6M) failed to deliver
Settlement: 20260213, Price: $12.80, FTD Value: $3,555,315.2, UPSTREAM BIO INC COM(DE)
Feb 3, 2026
short_interest
FTD: UPB — 54,305 shares ($1.6M) failed to deliver
Settlement: 20260203, Price: $29.94, FTD Value: $1,625,891.7, UPSTREAM BIO INC COM(DE)
Feb 2, 2026
short_interest
FTD: UPB — 20,324 shares ($0.6M) failed to deliver
Settlement: 20260202, Price: $31.08, FTD Value: $631,669.92, UPSTREAM BIO INC COM(DE)