Zenas BioPharma, Inc. (ZBIO)

NASDAQ: ZBIO · Real-Time Price · USD
18.01
-0.58 (-3.12%)
At close: Apr 28, 2026, 4:00 PM EDT
17.65
-0.36 (-2.00%)
After-hours: Apr 28, 2026, 7:07 PM EDT
-3.12%
Market Cap 1.07B
Revenue (ttm) 10.00M
Net Income (ttm) -377.74M
Shares Out 59.49M
EPS (ttm) -8.44
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 535,232
Open 18.80
Previous Close 18.59
Day's Range 17.68 - 19.16
52-Week Range 8.51 - 44.60
Beta n/a
Analysts Strong Buy
Price Target 42.14 (+133.98%)
Earnings Date Mar 16, 2026

About ZBIO

Zenas BioPharma, Inc., a clinical-stage biopharma company, engages in the development and commercialization of transformative immunology-based therapies. Its lead product candidate is obexelimab, a bifunctional monoclonal antibody designed to bind CD19 and FcγRIIb for the treatment of various I&I diseases and various indications, including immunoglobulin G4-related disease, multiple sclerosis, and systemic lupus erythematosus. The company develops ZB002, an anti-TNFa monoclonal antibody; ZB004, a CTLA-4-Ig fusion protein designed to have an ext... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Sep 13, 2024
Employees 167
Stock Exchange NASDAQ
Ticker Symbol ZBIO
Full Company Profile

Financial Performance

In 2025, Zenas BioPharma's revenue was $10.00 million, an increase of 100.00% compared to the previous year's $5.00 million. Losses were -$377.74 million, 140.6% more than in 2024.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for ZBIO stock is "Strong Buy." The 12-month stock price target is $42.14, which is an increase of 133.98% from the latest price.

Price Target
$42.14
(133.98% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Zenas BioPharma Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

WALTHAM, Mass., April 17, 2026 (GLOBE NEWSWIRE) -- Zenas BioPharma, Inc. (“Zenas” or the “Company”) (Nasdaq: ZBIO), a clinical-stage global biopharmaceutical company committed to being a leader in the...

11 days ago - GlobeNewsWire

Zenas BioPharma Announces Pricing of Concurrent Public Offerings of 2.50% Convertible Senior Notes Due 2032 and Common Stock with Aggregate Gross Proceeds of $300.0 Million

WALTHAM, Mass., March 27, 2026 (GLOBE NEWSWIRE) -- Zenas BioPharma, Inc. (“Zenas,” “Zenas BioPharma” or the “Company”) (Nasdaq: ZBIO), a clinical-stage global biopharmaceutical company committed to be...

4 weeks ago - GlobeNewsWire

Zenas BioPharma Announces Proposed Concurrent Public Offerings of Convertible Senior Notes Due 2032 and Common Stock

WALTHAM, Mass., March 26, 2026 (GLOBE NEWSWIRE) -- Zenas BioPharma, Inc. (“Zenas,” “Zenas BioPharma” or the “Company”) (Nasdaq: ZBIO), a clinical-stage global biopharmaceutical company committed to be...

4 weeks ago - GlobeNewsWire

Zenas BioPharma Reports Fourth Quarter and Full Year 2025 Financial Results and Provides Corporate Update

- Obexelimab marketing applications for the treatment of IgG4-RD expected to be submitted to the FDA in Q2 2026 and the EMA in H2 2026 based on the Phase 3 INDIGO trial results - - Topline results of ...

6 weeks ago - GlobeNewsWire

Zenas BioPharma Transcript: Guggenheim Securities Emerging Outlook: Biotech Summit 2026

Obexelimab demonstrated strong efficacy and safety in IgG4-RD, with high physician and patient preference for its inhibitory, subcutaneous approach. Commercial launch is planned for the US and Europe, with a robust pipeline advancing in lupus, MS, and psoriasis.

2 months ago - Transcripts

Zenas BioPharma Announces Late-Breaking Platform Presentation of Results from Phase 2 MoonStone Trial of Obexelimab in Relapsing Multiple Sclerosis at ACTRIMS Forum 2026

- Obexelimab met the primary endpoint with a 95% relative reduction in new gadolinium (Gd)-enhancing T1 lesions compared with placebo over weeks 8 and 12 (p=0.0009) -

2 months ago - GlobeNewsWire

Zenas BioPharma to Present at the Guggenheim Emerging Outlook: Biotech Summit 2026

WALTHAM, Mass., Feb. 04, 2026 (GLOBE NEWSWIRE) -- Zenas BioPharma, Inc. (“Zenas” or the “Company”) (Nasdaq: ZBIO), a clinical-stage global biopharmaceutical company committed to being a leader in the ...

2 months ago - GlobeNewsWire

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3 months ago - Market Watch

Zenas BioPharma Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

WALTHAM, Mass., Jan. 16, 2026 (GLOBE NEWSWIRE) -- Zenas BioPharma, Inc. (“Zenas” or the “Company”) (Nasdaq: ZBIO), a clinical-stage global biopharmaceutical company committed to being a leader in the ...

3 months ago - GlobeNewsWire

Why Zenas BioPharma's Selloff Was Structurally Inevitable

Zenas BioPharma (NASDAQ: ZBIO) shares fell more than 50% in the last trading session following the release of Phase 3 results for obexelimab in patients with immunoglobulin G4-related disease (IgG4-RD...

4 months ago - Benzinga

Zenas BioPharma Touts Phase 3 Win, But Stock Crashes

Zenas BioPharma Inc. (NASDAQ: ZBIO) stock is trading lower on Monday after the company released results from the Phase 3 INDIGO trial of obexelimab in Immunoglobulin G4-Related Disease (IgG4-RD).

4 months ago - Benzinga

Zenas BioPharma's immune disorder drug meets main goal in late-stage trial

Zenas BioPharma said on Monday its experimental drug cut the risk of disease flare-ups in a late-stage study of patients with a rare immune system-related condition that can damage organs over time.

4 months ago - Reuters

Zenas BioPharma Transcript: Study Result

Obexelimab achieved a 56% reduction in IgG4-RD flare risk and met all key secondary endpoints in the phase III INDIGO trial, with a strong safety profile and over 70% of patients protected from flare. Its unique mechanism, at-home administration, and favorable cost structure position it as a potential first-line therapy.

4 months ago - Transcripts

Zenas BioPharma Announces Positive Results from Phase 3 INDIGO Registrational Trial of Obexelimab in Immunoglobulin G4-Related Disease (IgG4-RD)

- Obexelimab met the primary endpoint demonstrating a clinically meaningful and highly statistically significant 56% reduction in risk of IgG4-RD flare -

4 months ago - GlobeNewsWire

Zenas BioPharma's Partner, InnoCare Pharma, Announces Achievement of Primary Endpoint in Phase 2b Study of Orelabrutinib, a BTK Inhibitor, for Systemic Lupus Erythematosus

- Orelabrutinib is the first BTK inhibitor to demonstrate significant clinical activity in a Phase 2 clinical trial for SLE - - Zenas acquired the exclusive right to develop, manufacture and commercia...

4 months ago - GlobeNewsWire

Zenas BioPharma Transcript: Evercore ISI 8th Annual HealthCONx Conference

Major clinical milestones included phase III completion for obexelimab in IgG4-RD, strong phase II results in RMS, and ongoing lupus studies. Strategic deals expanded the pipeline and secured $300M in financing. Market opportunity in IgG4-RD is sizable, with product differentiation focused on at-home dosing and non-depleting B-cell inhibition.

5 months ago - Transcripts

Zenas BioPharma Transcript: Jefferies London Healthcare Conference 2025

The presentation highlighted a robust pipeline with imminent phase III results for IgG4-RD, strong phase II data in RMS, and a best-in-class BTK inhibitor advancing in progressive MS. Market research and trial design support confidence in clinical and commercial success.

5 months ago - Transcripts

Zenas BioPharma Reports Third Quarter 2025 Financial Results and Provides Corporate Update

- Obexelimab Phase 3 INDIGO trial topline results in Immunoglobulin G4-Related Disease (IgG4-RD) expected around year-end 2025 -

5 months ago - GlobeNewsWire

Zenas BioPharma to Present at Upcoming Healthcare Investor Conferences

WALTHAM, Mass., Nov. 11, 2025 (GLOBE NEWSWIRE) -- Zenas BioPharma, Inc. (“Zenas” or the “Company”) (Nasdaq: ZBIO), a clinical-stage global biopharmaceutical company committed to being a leader in the ...

6 months ago - GlobeNewsWire

Zenas BioPharma Announces Positive Results from Phase 2 MoonStone Trial of Obexelimab in Relapsing Multiple Sclerosis

- Obexelimab met primary endpoint with a 95% relative reduction in new gadolinium (Gd)-enhancing T1 lesions compared with placebo, p=0.0009 -

6 months ago - GlobeNewsWire

Zenas BioPharma Transcript: Status Update

Announced a global collaboration to acquire orelabrutinib and expand the autoimmune pipeline, with multiple late-stage and next-gen assets targeting significant commercial opportunities. Orelabrutinib's phase III MS trials are underway, and key data readouts for obexelimab and other programs are expected within the next year.

7 months ago - Transcripts

Zenas Bio inks potential $2 billion licensing deal with China's InnoCare for autoimmune drug

Zenas BioPharma said on Wednesday it has secured global rights to develop and commercialize an experimental drug from China-based InnoCare Pharma for multiple sclerosis and other autoimmune conditions...

7 months ago - Reuters

Zenas BioPharma and InnoCare Pharma Announce License Agreement Granting Zenas Rights for Three Autoimmune Product Candidates, Including Orelabrutinib, a BTK Inhibitor in Phase 3 Development for Multiple Sclerosis

- Orelabrutinib, a highly selective CNS-penetrant, oral small molecule Bruton's Tyrosine Kinase (BTK) inhibitor with best-in-class potential now in Phase 3 development for progressive forms of Multipl...

7 months ago - GlobeNewsWire

Zenas BioPharma Transcript: Morgan Stanley 23rd Annual Global Healthcare Conference

Obexelimab is advancing through pivotal trials in IgG4-related disease, MS, and SLE, with a focus on at-home subcutaneous administration and continuous dosing for improved outcomes. Key data readouts are expected over the next year, supported by strong capital and strategic partnerships.

8 months ago - Transcripts

Zenas BioPharma Transcript: Cantor Global Healthcare Conference 2025

Obexelimab is nearing a pivotal phase III readout in IgG4-related disease, with additional phase II trials in MS and SLE progressing. A $300M Royalty Pharma deal extends the cash runway and validates the market opportunity, while at-home dosing and a differentiated safety profile position the product competitively.

8 months ago - Transcripts