Upstream Bio, Inc. (UPB)

NASDAQ: UPB · Real-Time Price · USD
9.51
+0.22 (2.37%)
At close: Apr 28, 2026, 4:00 PM EDT
9.50
-0.01 (-0.11%)
After-hours: Apr 28, 2026, 4:32 PM EDT
2.37%
Market Cap 517.53M
Revenue (ttm) 2.85M
Net Income (ttm) -143.44M
Shares Out 54.42M
EPS (ttm) -2.66
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 474,584
Open 9.32
Previous Close 9.29
Day's Range 9.28 - 9.65
52-Week Range 7.25 - 33.68
Beta n/a
Analysts Buy
Price Target 37.67 (+296.11%)
Earnings Date May 6, 2026

About UPB

Upstream Bio, Inc., a clinical-stage biotechnology company, develops treatments for inflammatory diseases focusing on severe respiratory disorders. It offers verekitug, which is in Phase 2 trials for the treatment of severe asthma and chronic rhinosinusitis with nasal polyps and chronic obstructive pulmonary disease and in Phase I clinical trial for treating chronic obstructive pulmonary disease. The company was incorporated in 2021 and is headquartered in Waltham, Massachusetts. [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Oct 11, 2024
Employees 75
Stock Exchange NASDAQ
Ticker Symbol UPB
Full Company Profile

Financial Performance

In 2025, Upstream Bio's revenue was $2.85 million, an increase of 20.42% compared to the previous year's $2.37 million. Losses were -$143.44 million, 87.8% more than in 2024.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for UPB stock is "Buy." The 12-month stock price target is $37.67, which is an increase of 296.11% from the latest price.

Price Target
$37.67
(296.11% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Upstream Bio to Present New Data from Phase 2 VIBRANT Trial of Verekitug at the ATS 2026 International Conference

WALTHAM, Mass., April 17, 2026 (GLOBE NEWSWIRE) -- Upstream Bio, Inc.  (Nasdaq: UPB), a clinical-stage company developing treatments for inflammatory diseases, with an initial focus on severe respirat...

11 days ago - GlobeNewsWire

Upstream Bio Lead Drug Pivotal Trial Plan Follows Strong Phase 2 Data

The company reported a cash position of $341.5 million, expected to fund planned operations through 2027.

4 weeks ago - Benzinga

Upstream Bio Highlights Phase 3 Development Strategy for Verekitug and Reports Fourth Quarter and Full Year 2025 Financial Results

– Company to pursue Phase 3 development strategy designed to deliver best-in-class efficacy with a high-dose quarterly regimen in broad patient populations in both severe asthma and CRSwNP – – Company...

4 weeks ago - GlobeNewsWire

Upstream Bio Transcript: Leerink Global Healthcare Conference 2026

Verekitug demonstrated strong efficacy and quarterly dosing in phase II asthma trials, with plans to start phase III in severe asthma and CRSwNP by early next year. The COPD program is over 60% enrolled, and device development is progressing in parallel. Cash runway extends through 2027.

7 weeks ago - Transcripts

Upstream Bio Transcript: TD Cowen 46th Annual Health Care Conference

Verekitug demonstrated strong efficacy and safety in phase II trials for asthma and CRSwNP, with quarterly dosing matching or exceeding competitors. Phase III trials are planned for year-end, with advanced manufacturing and regulatory preparations supporting a rapid path to market.

7 weeks ago - Transcripts

Upstream Bio Presents Additional Analyses from the Phase 2 VIBRANT Trial of Verekitug in Chronic Rhinosinusitis with Nasal Polyps at 2026 AAAAI Annual Meeting

– Primary endpoint of endoscopic nasal polyp score (NPS) showed reduction of - 1.95 (p < 0.0001) in new analysis with adjustment for concomitant rescue therapy use – – Secondary endpoints also provide...

2 months ago - GlobeNewsWire

Upstream Bio to Present Additional Analyses from Phase 2 VIBRANT Trial in Chronic Rhinosinusitis with Nasal Polyps in Late-Breaking Session at AAAAI Annual Meeting 2026

– New analyses of efficacy endpoints from the Phase 2 VIBRANT trial of verekitug in CRSwNP to be presented during the late-breaking poster session –

2 months ago - GlobeNewsWire

Upstream Bio to Participate in Upcoming March Investor Conferences

WALTHAM, Mass., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Upstream Bio, Inc. (Nasdaq: UPB), a clinical-stage company developing treatments for inflammatory diseases, with an initial focus on severe respirator...

2 months ago - GlobeNewsWire

Upstream Bio's Selloff May Be 'Overdone,' But Analyst Highlights Asthma Drug's Competitive Edge Concerns

Upstream Bio Inc. (NASDAQ: UPB) shares are trading lower during Friday's session as the stock reacts to recent developments in its clinical trials.

2 months ago - Benzinga

Upstream Bio Shows Asthma Drug Cuts Attacks By 56%, Stock Reacts

The stock gave up its gains and is falling, probably on profit booking.

2 months ago - Benzinga

Upstream Bio Transcript: Study result

VALIANT phase II results show verekitug significantly reduced asthma exacerbations and improved lung function and biomarkers at both 12- and 24-week dosing intervals, with a favorable safety profile. These findings support advancing to phase III trials in severe asthma and CRSwNP.

2 months ago - Transcripts

Upstream Bio Reports Positive Top-line Results from the Phase 2 VALIANT Trial of Verekitug for the Treatment of Severe Asthma

– Verekitug provided statistically significant and clinically meaningful reductions in annualized asthma exacerbation rate (AAER) with 100 mg q12 and 400 mg q24 week dosing –

2 months ago - GlobeNewsWire

Upstream Bio to Host Webcast to Report Top-Line Results from the Phase 2 VALIANT Trial of Verekitug in Patients with Severe Asthma

– Webcast to be held Wednesday, February 11, 2026, at 8:00 a.m. ET – – Webcast to be held Wednesday, February 11, 2026, at 8:00 a.m. ET –

2 months ago - GlobeNewsWire

Upstream Bio Transcript: 44th Annual J.P. Morgan Healthcare Conference

Verekitug, a TSLP receptor-targeting biologic, shows strong efficacy and safety in CRS with NP and is advancing in severe asthma and COPD. Upcoming phase II asthma data will guide phase III plans, with a focus on infrequent dosing and broad patient reach.

3 months ago - Transcripts

Upstream Bio to Present at the 44th Annual J.P. Morgan Healthcare Conference

WALTHAM, Mass., Jan. 05, 2026 (GLOBE NEWSWIRE) -- Upstream Bio, Inc. (Nasdaq: UPB), a clinical-stage company developing treatments for inflammatory diseases, with an initial focus on severe respirator...

4 months ago - GlobeNewsWire

Upstream Bio Transcript: Evercore ISI 8th Annual HealthCONx Conference

Verekitug’s phase II data in CRS with NP demonstrated strong efficacy and extended dosing, supporting rapid advancement to phase III trials in both CRS and severe asthma. The molecule’s unique receptor targeting and durability set it apart from competitors.

5 months ago - Transcripts

Upstream Bio Transcript: Piper Sandler 37th Annual Healthcare Conference

VALIANT asthma study data is expected in Q1 2026, with robust efficacy benchmarks and a focus on extended dosing intervals. Plans include simultaneous Phase 3 trials for asthma and sinusitis, leveraging verekitug's high potency and broad patient eligibility.

5 months ago - Transcripts

Upstream Bio to Participate in Upcoming December Investor Conferences

WALTHAM, Mass., Nov. 25, 2025 (GLOBE NEWSWIRE) -- Upstream Bio, Inc. (Nasdaq: UPB), a clinical-stage company developing treatments for inflammatory diseases, with an initial focus on severe respirator...

5 months ago - GlobeNewsWire

Upstream Bio Transcript: TD Cowen Immunology and Inflammation Summit

Positive phase 2 results in CRSwNP and robust pharmacodynamic data support extended dosing intervals and differentiation from competitors. Phase 2 asthma data are expected in Q1, with phase 3 programs for both indications to follow after data review and regulatory input.

5 months ago - Transcripts

Upstream Bio Transcript: Stifel 2025 Healthcare Conference

Verekitug, a potent TSLP receptor-targeting antibody, demonstrated robust efficacy and safety in phase II CRSwNP trials, with infrequent dosing and strong biomarker suppression. Upcoming severe asthma and COPD data may further support its differentiated profile and commercial potential.

6 months ago - Transcripts

Upstream Bio Reports Third Quarter 2025 Financial Results and Highlights Continued Progress

– Positive top-line results from VIBRANT Phase 2 trial of verekitug in CRSwNP reported in September showed statistically significant and clinically meaningful effects on primary and key secondary endp...

6 months ago - GlobeNewsWire

Upstream Bio to Participate in Upcoming November Investor Conferences

WALTHAM, Mass., Oct. 31, 2025 (GLOBE NEWSWIRE) -- Upstream Bio, Inc. (Nasdaq: UPB), a clinical-stage company developing treatments for inflammatory diseases, with an initial focus on severe respirator...

6 months ago - GlobeNewsWire

Upstream Bio Presents Data Showing Structural and Mechanistic Drivers of Verekitug's Potent Pharmacodynamic Activity and Differentiated Clinical Profile at European Respiratory Society Congress

– Data show verekitug prevents TSLP binding to the TSLP receptor by occupying ligand binding sites – – Additionally, findings show that verekitug outcompetes TSLP in the presence of preformed heterodi...

7 months ago - GlobeNewsWire

Upstream Bio Transcript: Stifel Virtual Immunology and Inflammation Forum

Viraqita, a TSLP receptor antagonist, shows strong phase 2 efficacy in chronic rhinosinusitis with nasal polyps, matching or exceeding key competitors with less frequent dosing. Upcoming asthma data may further validate its unique pharmacology and broad potential.

8 months ago - Transcripts

Upstream Bio to Participate in the Stifel 2025 Virtual Immunology and Inflammation Forum

WALTHAM, Mass., Sept. 09, 2025 (GLOBE NEWSWIRE) -- Upstream Bio, Inc. (Nasdaq: UPB), a clinical-stage company developing treatments for inflammatory diseases, with an initial focus on severe respirato...

8 months ago - GlobeNewsWire