MBX

MBX Biosciences, Inc.

Nasdaq · Pharmaceutical Preparations · Inc. DE · CIK 0001776111
$31.62 +0.60% $1.5B
Insider Selling Cluster (2 insiders)6 New Institutional Positions
Vol
Market Cap$1.5B
Cap SizeSmall Cap
Analyst ConsensusStrong Buy (87%)
Inst. Holders8 funds
Inst. Value$74.3M
Inst. Activity6 buys / 1 sells
Insider Activity1B / 3S
Insider Net $-$1.6M
SEC Reports12
Press Releases3
Exchange Nasdaq·Sector Pharmaceutical Preparations·Inc. DE·CIK 0001776111·Prev Close $31.43

Recent Activity

May 18, 2026 earnings_calendar
MBX Q1 2026 Earnings Scheduled — 2026-05-18
May 11, 2026 SEC
Richard B. Bartram, a former officer of MBX Biosciences, filed a Form 144 on May 11, 2026, indicating intent to sell 22,
144 — Impact 5/10
May 8, 2026 SEC
Two top executives (CEO and CMO) sold a total of $25K in open-market sales on May 6, 2026, one day after Q1 earnings bea
CLUSTER — Impact 2/10
May 8, 2026 SEC
Former officer Richard Bartram filed a Form 144 notice of intent to sell 10,000 MBX shares (~$379,562 at filing). The sh
144 — Impact 3/10
May 8, 2026 Insider
Azoulay Salomon sold 55,000 shares
Chief Medical Officer @ $10.46 ($575.3K)
May 8, 2026 Insider
Azoulay Salomon sold 55,000 shares
Chief Medical Officer @ $38.38 ($2.1M)
May 8, 2026 Insider
Azoulay Salomon sold 55,000 shares
Chief Medical Officer @ $0.00 ($0.00)
Inst.
CHARLES SCHWAB INVESTMENT MANAGEMENT — ADD
222,180 shares ($7.0M)

Price Targets

$69.09 +118.5% upside Strong Buy
Current $31.62 Low $20.00 Median $70.00 High $91.00 11 analysts
$20.00 $91.00

Analyst Ratings

Strong Buy87% buy · 15 analysts
5Strong Buy
8Buy
1Hold
1Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 12, 2026 Barclays MAINTAIN Overweight → Overweight
May 12, 2026 Citizens MAINTAIN Market Outperform → Market Outperform
May 11, 2026 Truist Securities MAINTAIN Buy → Buy
Jan 28, 2026 Barclays INITIATE Overweight
Jan 16, 2026 Guggenheim MAINTAIN Buy → Buy

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $-0.60 ▲ +5.9% $-0.72 — $-0.46 -4% YoY 8
Next Q $-0.74 ▲ +2.4% $-0.87 — $-0.60 -17% YoY 8
Current FY $-2.75 ▲ +5.0% $-3.22 — $-2.32 -15% YoY 9
Next FY $-3.94 ▲ +2.9% $-7.04 — $-3.17 -43% YoY 9

Top Institutional Holders

FundValueMove
VANGUARD GROUP INC$57.3MADD
CHARLES SCHWAB INVESTMENT MANAGEMENT$7.0MADD
TWO SIGMA INVESTMENTS, LP$4.4MDOUBLED
MORGAN STANLEY$1.9MADD
BANK OF AMERICA CORP$1.2MADD

Recent Insider Trades

DateInsiderTypeValue
May 8, 2026Azoulay SalomonM$575.3K
May 8, 2026Azoulay SalomonSELL$2.1M
May 8, 2026Azoulay SalomonM$0.00
May 6, 2026Azoulay SalomonSELL$6.8K
May 6, 2026Hawryluk P.SELL$17.9K
8 institutional holders with $74.3M total value (2,355,803 shares) as of 2025-Q4. Top holders: VANGUARD, CHARLES, TWO. Net buying activity: 6 institutions added/increased vs 1 reduced.

Top Institutional Holders — 2025-Q4

#FundSharesValue% of TrackedLast Move
1VANGUARD GROUP INC1,817,811$57.3M77.2%ADD +60.7%
2CHARLES SCHWAB INVESTMENT MANAGEMENT INC222,180$7.0M9.4%ADD +30.7%
3TWO SIGMA INVESTMENTS, LP138,571$4.4M5.9%DOUBLED +919.9%
4MORGAN STANLEY59,026$1.9M2.5%ADD +31.6%
5BANK OF AMERICA CORP /DE/37,894$1.2M1.6%ADD +42.4%
6RENAISSANCE TECHNOLOGIES LLC32,644$1.0M1.4%NEW
7WELLS FARGO & COMPANY/MN31,931$1.0M1.4%DOUBLED +171.6%
8FMR LLC15,746$496.6K0.7%NEAR_EXIT -77.2%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
CHARLES SCHWAB INVESTMENT MANAGEMENT INCADD170,006222,180+30.7%$7.0M2025-Q4
TWO SIGMA INVESTMENTS, LPDOUBLED13,587138,571+919.9%$4.4M2025-Q4
MORGAN STANLEYADD44,86859,026+31.6%$1.9M2025-Q4
BANK OF AMERICA CORP /DE/ADD26,61637,894+42.4%$1.2M2025-Q4
RENAISSANCE TECHNOLOGIES LLCNEW32,644$1.0M2025-Q4
WELLS FARGO & COMPANY/MNDOUBLED11,75531,931+171.6%$1.0M2025-Q4
FMR LLCNEAR_EXIT68,97615,746-77.2%$496.6K2025-Q4
VANGUARD GROUP INCADD1,043,6841,677,362+60.7%$29.4M2025-Q3
CHARLES SCHWAB INVESTMENT MANAGEMENT INCADD107,483170,006+58.2%$3.0M2025-Q3
UBS Group AGADD30,96760,725+96.1%$1.1M2025-Q3
MORGAN STANLEYADD24,00844,868+86.9%$785.2K2025-Q3
BANK OF AMERICA CORP /DE/TRIM42,38726,616-37.2%$465.8K2025-Q3
TWO SIGMA INVESTMENTS, LPNEW13,587$237.8K2025-Q3
VANGUARD GROUP INCADD665,5631,043,684+56.8%$11.9M2025-Q2
FMR LLCADD44,24061,333+38.6%$699.8K2025-Q2
BANK OF AMERICA CORP /DE/ADD28,09042,387+50.9%$483.6K2025-Q2
MORGAN STANLEYNEAR_EXIT114,61024,008-79.1%$273.9K2025-Q2
WELLS FARGO & COMPANY/MNADD5,97710,943+83.1%$124.9K2025-Q2
TWO SIGMA INVESTMENTS, LPEXIT33,8330-100.0%$0.002025-Q2
MORGAN STANLEYDOUBLED23,835114,610+380.8%$845.8K2025-Q1
FMR LLCADD24,57344,240+80.0%$326.5K2025-Q1
TWO SIGMA INVESTMENTS, LPNEW33,833$249.7K2025-Q1
UBS Group AGTRIM45,90127,499-40.1%$202.9K2025-Q1
CITADEL ADVISORS LLCEXIT220,3300-100.0%$0.002025-Q1
NORGES BANKEXIT25,0000-100.0%$0.002025-Q1
4 unique insiders with 4 transactions. Net insider value: -$1.6M ($525.7K bought, $2.1M sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
May 8, 2026Azoulay SalomonChief Medical OfficerM55,000$10.46$575.3K
May 8, 2026Azoulay SalomonChief Medical OfficerSELL55,000$38.38$2.1M
May 8, 2026Azoulay SalomonChief Medical OfficerM55,000$0.00$0.00
May 6, 2026Azoulay SalomonChief Medical OfficerSELL231$29.54$6.8K
May 6, 2026Hawryluk P. KentPresident & CEOSELL607$29.54$17.9K
May 1, 2026Hoerter Steven L.DirectorA11,938$0.00$0.00
May 1, 2026Hoerter Steven L.DirectorA74,249$0.00$0.00
Mar 13, 2026Hawryluk P. KentPresident & CEOBUY18,500$28.41$525.7K
Feb 26, 2026Hawryluk P. KentPresident & CEOM28,768$16.00$460.3K
Feb 26, 2026Hawryluk P. KentPresident & CEOM28,768$0.00$0.00
Feb 2, 2026Hawryluk P. KentPresident & CEOA35,250$0.00$0.00
Feb 2, 2026Hawryluk P. KentPresident & CEOA164,500$0.00$0.00
Feb 2, 2026Azoulay SalomonChief Medical OfficerA15,000$0.00$0.00
Feb 2, 2026Azoulay SalomonChief Medical OfficerA70,000$0.00$0.00
Feb 2, 2026Bartram RichardChief Financial OfficerA15,000$0.00$0.00
Feb 2, 2026Bartram RichardChief Financial OfficerA70,000$0.00$0.00
Nov 22, 2025Hoerter Steven L.DirectorA0$0.00$0.00
Nov 6, 2025Hoerter Steven L.DirectorA33,751$0.00$0.00
12 SEC filing reports analyzed. Sentiment: 1 bullish, 2 bearish, 1 mixed, 8 neutral. Avg impact: 3.7/10.
BEARISH 144 5/10
Richard B. Bartram, a former officer of MBX Biosciences, filed a Form 144 on May 11, 2026, indicatin
May 11, 2026
NEUTRAL CLUSTER 2/10
Two top executives (CEO and CMO) sold a total of $25K in open-market sales on May 6, 2026, one day a
May 8, 2026
NEUTRAL 144 3/10
Former officer Richard Bartram filed a Form 144 notice of intent to sell 10,000 MBX shares (~$379,56
May 8, 2026
NEUTRAL 144 2/10
Former officer Richard B. Bartram filed Form 144 to sell 10,000 MBX shares (~$322,000), part of a co
May 7, 2026
BULLISH 8-K 6/10
MBX Biosciences reported Q1 2026 results with an EPS of -$0.50, beating consensus of -$0.62 by 19.4%
May 7, 2026
NEUTRAL 144 1/10
Director/officer P. Kent Hawryluk filed Form 144 to sell 607 shares of MBX Biosciences, valued at ap
May 6, 2026
BEARISH 144 5/10
Former officer Richard Bartram files Form 144 to sell 5,000 MBX shares (~$159k), adding to 21,484 sh
May 1, 2026
NEUTRAL 144 3/10
Richard Bartram, a former officer of MBX Biosciences, filed a Form 144 to report the proposed sale o
Apr 22, 2026
NEUTRAL DEFA14A 3/10
MBX Biosciences is holding its 2026 annual meeting to elect two Class II directors and ratify the ap
Apr 22, 2026
NEUTRAL 8-K 4/10
Analysis based on filing metadata only — document content was unavailable. The 8-K filing includes I
Mar 12, 2026
NEUTRAL INST-CLUSTER 4/10
Three major passive institutional investors — Morgan Stanley, Wells Fargo, and Schwab — initiated ne
Feb 28, 2026
MIXED 8-K 6/10
MBX Biosciences entered into a 4-year lease for 13,642 sq ft of lab and office space in Burlington,
Feb 27, 2026
Current analyst consensus: Strong Buy (87% buy). Based on 15 analysts: 5 strong buy, 8 buy, 1 hold, 1 sell, 0 strong sell.

Analyst Price Targets

$69.09 mean target +118.5% upside Strong Buy (1.50)
$20.00 Low $91.00 High
MetricValue
Current Price$31.62
Target Low$20.00
Target Mean$69.09
Target Median$70.00
Target High$91.00
# Analysts11
RecommendationStrong Buy (1.50)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$-0.60 $-0.72 $-0.46 -3.9% +5.9% 6↑ 0↓ $0.0B 0.0% 8
Next Q
2026-09-30
$-0.74 $-0.87 $-0.60 -17.2% +2.4% 4↑ 1↓ $0.0B 0.0% 8
Current FY
2026-12-31
$-2.75 $-3.22 $-2.32 -15.5% +5.0% 7↑ 2↓ $0.0B 0.0% 9
Next FY
2027-12-31
$-3.94 $-7.04 $-3.17 -43.5% +2.9% 5↑ 3↓ $0.0B 0.0% 9

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$-0.602
7d ago$-0.650+0.048
30d ago$-0.640+0.038
60d ago$-0.635+0.033
90d ago$-0.838+0.236
7 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 3 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 12, 2026 Barclays MAINTAIN Overweight Overweight
May 12, 2026 Citizens MAINTAIN Market Outperform Market Outperform
May 11, 2026 Truist Securities MAINTAIN Buy Buy
Jan 28, 2026 Barclays INITIATE Overweight
Jan 16, 2026 Guggenheim MAINTAIN Buy Buy
Jan 7, 2026 UBS INITIATE Buy
Dec 19, 2025 Stifel MAINTAIN Buy Buy
Dec 4, 2025 Goldman Sachs INITIATE Sell

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
May 1, 20265811087%
Apr 1, 20265811087%
Mar 1, 20265811087%
Feb 1, 20265811087%
Jan 1, 20265611085%
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
earnings_calendar
MBX Q1 2026 Earnings Scheduled — 2026-05-18
May 18, 2026
short_volume
Short Volume: MBX — 78.6% short (0.4M / 0.5M)
Short: 405,080 | Exempt: 0 | TRF Vol: 515,079 | Short Ratio: 78.6% | Off-exchange volume (dark pool + OTC)
May 11, 2026
fda
MBX Biosciences Provides Obesity Portfolio Update Including Initial Phase 1 Data for MBX 4291 Supporting Potential for Once-Monthly Dosing
<p align="center"><em>Preliminary blinded data from ongoing Phase 1 trial demonstrated mean weight loss of 7% (range 0-16%) at 8 weeks in first MAD Pa
May 11, 2026
earnings_calendar
MBX Q1 2026 Earnings Scheduled — 2026-05-11
May 11, 2026
short_volume
Short Volume: MBX — 59.9% short (0.6M / 1.0M)
Short: 587,082 | Exempt: 1 | TRF Vol: 980,733 | Short Ratio: 59.9% | Off-exchange volume (dark pool + OTC)
May 7, 2026
earnings
MBX Biosciences Reports First Quarter 2026 Financial Results and Corporate Highlights
<p align="center"><em>Results from Phase 2 trial of once-weekly canvuparatide accepted for oral presentation at ENDO in June 2026</em></p>
Apr 3, 2026
other
MBX Biosciences Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
<p>CARMEL, Ind., April 03, 2026 (GLOBE NEWSWIRE) -- MBX Biosciences, Inc. (Nasdaq: MBX), a clinical-stage biopharmaceutical company focused on the d
Apr 1, 2026
Clinical Trial
Safety, Pharmacokinetics and Efficacy of MBX 2109 in Patients With Hypoparathyroidism
Phase Phase 2 — COMPLETED
Mar 23, 2026
earnings_calendar
MBX Q4 2025 Earnings Scheduled — 2026-03-23
Mar 12, 2026
earnings
MBX Biosciences Reports Fourth Quarter and Full-Year 2025 Financial Results and Recent Corporate Highlights
<p align="center"><em>Phase 3 trial of once-weekly canvuparatide remains on track to initiate in Q3 2026 following recently completed, successful End-
Mar 9, 2026
fda
CORRECTING & REPLACING -- MBX Biosciences Announces Successful End-of-Phase 2 FDA Meeting and Provides Phase 3 Development Plan for Once-Weekly Canvuparatide for Hypoparathyroidism
Following End-of-Phase 2 meeting, MBX remains on track to initiate Phase 3 in Q3 2026 <pre>Following End-of-Phase 2 meeting, MBX remains on track to i