HCW Biologics Inc. (HCWB)

NASDAQ: HCWB · Real-Time Price · USD
1.030
-0.090 (-8.04%)
At close: Jun 26, 2026, 4:00 PM EDT
1.020
-0.010 (-0.97%)
After-hours: Jun 26, 2026, 7:58 PM EDT
-8.04%
Market Cap 7.38M
Revenue (ttm) 6.59M
Net Income (ttm) -18.12M
Shares Out 7.16M
EPS (ttm) -5.71
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 481,345
Open 0.946
Previous Close 1.120
Day's Range 0.900 - 1.080
52-Week Range 0.250 - 7.350
Beta 2.21
Analysts n/a
Price Target n/a
Earnings Date May 14, 2026

About HCWB

HCW Biologics Inc., a clinical-stage biopharmaceutical company, focuses on discovering and developing novel immunotherapies for chronic, low-grade inflammation, and diseases in the United States. Its lead products include HCW11-018b, a novel, tetra-valent T-Cell engager; HCW11-040, a multifunctional fusion molecule that is a combination of cytokines and pembrolizumab; and HCW9302, injectable and interleukin 2 (IL-2) fusion protein complex, which is in clinical trial in patients with alopecia areata diseases. The company also develops HCW9201, a... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Jul 20, 2021
Employees 35
Stock Exchange NASDAQ
Ticker Symbol HCWB
Full Company Profile

Financial Performance

In 2025, HCW Biologics's revenue was $54,232, a decrease of -97.89% compared to the previous year's $2.57 million. Losses were -$22.30 million, -25.73% less than in 2024.

Financial Statements

News

HCW Biologics announces 1-for-6 reverse stock split

HCW Biologics (HCWB) announced that its board has approved a 1-for-6 reverse stock split of the company’s common stock, par value $0.0001, which will be effective at 12:01 a.m. Eastern…

1 day ago - TheFly

HCW Biologics Announces 1-for-6 Reverse Stock Split Effective on June 30, 2026

Company completed 28 consecutive trading days above $1.00 per share on June 25, 2026 Reverse stock split effectuated to ensure ongoing compliance with the Bid Price Rule and additional requirements fr...

1 day ago - GlobeNewsWire

HCW Biologics Registration statement: Registration filing

HCW Biologics filed a registration statement on June 18, 2026, providing details about a securities offering with the SEC.

9 days ago - Filings

HCW Biologics announces data from first two dose cohorts of HCW9302 trial

HCW Biologics (HCWB) announced a preliminary human data readout for the first two dose cohorts from its dose-escalating Phase 1 clinical trial of HCW9302, an IL-2 based fusion immunotherapeutic, in…

11 days ago - TheFly

HCW Biologics Announces Positive Results for Preliminary Human Data Readout for Phase 1 Clinical Trial Evaluating IL-2 Based Fusion Immunotherapeutic, HCW9302 Monotherapy, in Alopecia Areata

Potentially best-in-class IL-2 based treatment for autoimmune diseases by expanding and activating regulatory T cells Readout for dose-escalating clinical study for first two dose cohorts All particip...

11 days ago - GlobeNewsWire

HCW Biologics Transcript: AGM 2026

Key milestones included $17.5M equity raised, debt repayment, and clinical trial progress. Five shareholder proposals were approved, including director elections, auditor ratification, and warrant-related actions. Strategic focus remains on advancing clinical programs and business development.

12 days ago - Transcripts

HCW Biologics registers to sell 5.69M shares of common stock for holders

This filing relates to the offer and sale from time to time by the selling stockholder of up to 5.69M shares of common stock. The company is not selling any…

19 days ago - TheFly

HCW Biologics Registration statement: Registration filing

HCW Biologics filed a registration statement on June 8, 2026, providing details about a securities offering with the SEC.

19 days ago - Filings

HCW Biologics price target raised to $5 from $2 at Maxim

Maxim raised the firm’s price target on HCW Biologics (HCWB) to $5 from $2 and keeps a Buy rating on the shares. The company has taken several steps to improve…

4 weeks ago - TheFly

HCW Biologics CEO buys $160K in common stock

In a regulatory filing, HCW Biologics (HCWB) disclosed at its CEO Hing bought 113,879 shares of common stock on May 22nd in a total transaction size of $160K. Shares are…

4 weeks ago - TheFly

HCW Biologics Exercised Option to Regain Full Rights for Two Commercial-Ready Reagents from Wugen

Positions the Company to participate in fast-growing, multi-billion-dollar CAR-T immunotherapy market Recently published data suggest that HCW9206 may reduce CAR-T production costs and improve therape...

4 weeks ago - GlobeNewsWire

E.F. Hutton & Co. Serves as Sole Placement Agent on HCW Biologics Inc. $4.0 Million Private Placement

NEW YORK, May 22, 2026 (GLOBE NEWSWIRE) -- E.F. Hutton & Co. (“E.F. Hutton”), an investment banking and financial advisory firm headquartered in New York City, today announced that it acted as the sol...

5 weeks ago - GlobeNewsWire

3 Penny Stocks to Watch Now, 5/21/26

HCW Biologics ($HCWB), MetaVia ($MTVA), and Silexion Therapeutics ($SLXN) are the three penny stocks to watch on May 21, according to TipRanks’ Penny Stock Screener tool. Penny stocks refer to low-pri...

Other symbols: MTVASLXN
5 weeks ago - TipRanks

HCW Biologics announces pricing of $4M private placement

HCW Biologics (HCWB) announced the pricing of its private placement of an aggregate of 2,846,975 units at a purchase price of $1.405 per unit priced at-the-market under Nasdaq rules to…

5 weeks ago - TheFly

HCW Biologics Inc. Announces Pricing of Approximately $4.0 Million Private Placement Offering At-the-Market Under Nasdaq Rules

MIRAMAR, Fla., May 21, 2026 (GLOBE NEWSWIRE) -- HCW Biologics Inc. (the “Company” or “HCW Biologics”), (NASDAQ: HCWB), a clinical-stage biopharmaceutical company developing transformative fusion immun...

5 weeks ago - GlobeNewsWire

Why Is Penny Stock HCW Biologics (HCWB) Up Today?

HCW Biologics stock rallied on Friday alongside a strong earnings report.

6 weeks ago - TipRanks

HCW Biologics Reports First Quarter 2026 Business Highlights and Financial Results

MIRAMAR, Fla., May 14, 2026 (GLOBE NEWSWIRE) -- HCW Biologics Inc. (the “Company” or “HCW Biologics”) (NASDAQ: HCWB), a clinical-stage biopharmaceutical company focused on developing transformative fu...

6 weeks ago - GlobeNewsWire

HCW Biologics discovers HCW11-040 prevents bronchopulmonary dysplasia

HCW Biologics (HCWB) announced that its scientists and academic collaborators at Queen’s University at Kingston, Ontario discovered that HCW11-040, a second-generation, pembrolizumab-based fusion immu...

6 weeks ago - TheFly

HCW Biologics Quarterly report: Q1 2026

HCW Biologics has published its Q1 2026 quarterly earnings report on May 14, 2026.

6 weeks ago - Filings

HCW Biologics Earnings release: Q1 2026

HCW Biologics released its Q1 2026 earnings on May 14, 2026, summarizing the period's financial results.

6 weeks ago - Filings

HCW Biologics Discovers that HCW11-040 Prevents Bronchopulmonary Dysplasia (BPD) During IND-Enabling Studies

HCW11-040 is a pembrolizumab-based fusion immunotherapeutic that activates immune cells and eliminates high-oxygen induced senescent cells

6 weeks ago - GlobeNewsWire

HCW Biologics Announces Adjournment of Special Meeting of Stockholders Due to Lack of Quorum

MIRAMAR, Fla., April 30, 2026 (GLOBE NEWSWIRE) -- HCW Biologics Inc. (the “Company” or “HCW Biologics”), (NASDAQ: HCWB), a clinical-stage biopharmaceutical company developing transformative fusion imm...

2 months ago - GlobeNewsWire

HCW Biologics Proxy statement: Proxy filing

HCW Biologics filed a proxy statement on April 28, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

HCW Biologics to file IND for HCW11-018b in first half of 2027

HCW Biologics (HCWB) announced major development regarding its tetra-valent, second-generation T-Cell Engager Program based on its TRBC platform technology, which was presented at the poster session a...

2 months ago - TheFly

HCW Biologics Delivers a Major Update for its T-Cell Engager Program Revealing Mechanism of Action and Validating Tissue Factor as Target for Treatment of Solid Tumors

Its lead T-Cell Engager HCW11-018b is shown to penetrate into the tumor microenvironment with potent and antigen-specific anti-pancreatic cancer activities

2 months ago - GlobeNewsWire