Spyre Therapeutics, Inc. (SYRE) Stock Price & Analysis

Spyre Therapeutics, Inc. (SYRE) closed at USD 92.33 on Thursday, October 22, 2026, down 0.67% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 92.95; the Oct 22, 2026 session ranged USD 91.27–94.57 on volume of 802,927 shares. Market capitalization is $8.63B, with a 52-week range of USD 21.15–110.18 (NMS). Source: Nexqual, retrieved October 23, 2026 at 09:48 UTC.

Also available as compact Markdown for AI agents: nexqual.com/SYRE.md

Key facts (SYRE)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (SYRE)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$18.7M$2.3M$886K$0K$0K—
Operating income-$65.6M-$84.8M-$242M-$209M-$210M-$201M
Net income-$65.8M-$83.8M-$339M-$208M-$155M-$179M
EPS (diluted)-$25.02-$24.86$13.76———
Free cash flow-$54.3M-$80.2M-$99.9M-$157M——
Operating margin-350.3%-3640.2%-27348.0%———
Net margin-351.1%-3598.8%-38238.1%———
Revenue growth—-87.6%-62.0%-100.0%——
Cash + short-term investments$93.1M$55.7M$339M$603M$757M—

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (SYRE)

P/B 7.8x · Earnings yield -2.07%

Insider sales (SEC Form 4, open-market, last ~7 months) (SYRE)

20 of 22 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

Trade dateInsiderRoleSharesValue% of holdings sold10b5-1 planInsider type
2026-10-01King-Jones HeidySee Remarks28,933$2.6M91%Yes (adopted April 16, 2026)Too little history (no open-market trades in 2023–2025)
2026-10-01Turtle CameronChief Executive Officer15,000$1.4M2.7%Yes (adopted June 20, 2025)Too little history (no open-market trades in 2023 or 2024)
2026-09-30…2026-10-01Burrows Scott LChief Financial Officer25,000$2.3M23.9%Yes (adopted November 10, 2025)Too little history (no open-market trades in 2023)
2026-09-01…2026-09-02King-Jones HeidySee Remarks28,399$2.5M90.9%Yes (adopted April 16, 2026)Too little history (no open-market trades in 2023–2025)
2026-09-01…2026-09-02Burrows Scott LChief Financial Officer25,732$2.3M24.4%Yes (adopted November 10, 2025)Too little history (no open-market trades in 2023)
2026-09-01Turtle CameronChief Executive Officer15,000$1.3M2.6%Yes (adopted June 20, 2025)Too little history (no open-market trades in 2023 or 2024)
2026-08-07Albers Jeffrey W.Director23,000$2.4M71.1%Yes (adopted April 16, 2026)Too little history (no open-market trades in 2023 or 2025)
2026-08-03Burrows Scott LChief Financial Officer7,500$717K7.1%Yes (adopted November 10, 2025)Too little history (no open-market trades in 2023)
2026-08-03Turtle CameronChief Executive Officer15,000$1.4M2.6%Yes (adopted June 20, 2025)Too little history (no open-market trades in 2023 or 2024)
2026-07-01Burrows Scott LChief Financial Officer7,500$658K7.1%Yes (adopted November 10, 2025)Too little history (no open-market trades in 2023)
2026-07-01Sloan SheldonChief Medical Officer8,334$731K100%Yes (adopted June 20, 2025)Too little history (no open-market trades in 2023–2025)
2026-07-01Turtle CameronChief Executive Officer15,000$1.3M2.5%Yes (adopted June 20, 2025)Too little history (no open-market trades in 2023 or 2024)
2026-06-25Burrows Scott LChief Financial Officer15,000$1.3M13.3%NoToo little history (no open-market trades in 2023)
2026-06-23Fairmount Funds Management LlcDirector4,684,781$400M85.2%NoToo little history (no open-market trades in 2023–2025)
2026-06-22Henderson Michael ThomasDirector20,000$2.0M22.6%Yes (adopted February 6, 2026)Too little history (no open-market trades in 2023–2025)
2026-06-03Sloan SheldonChief Medical Officer8,333$625K100%Yes (adopted June 20, 2025)Too little history (no open-market trades in 2023–2025)
2026-06-01Turtle CameronChief Executive Officer15,000$1.1M2.4%Yes (adopted June 20, 2025)Too little history (no open-market trades in 2023 or 2024)
2026-06-01Burrows Scott LChief Financial Officer7,500$533K7.1%Yes (adopted November 10, 2025)Too little history (no open-market trades in 2023)
2026-05-08Henderson Michael ThomasDirector80,000$6.0M47.4%Yes (adopted February 6, 2026)Too little history (no open-market trades in 2023–2025)
2026-05-01Burrows Scott LChief Financial Officer12,500$892K11.3%Yes (adopted November 10, 2025)Too little history (no open-market trades in 2023)

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (SYRE)

Consensus Buy (mean 2.00 on a 1–5 scale), 18 analysts; mean target USD 122.33 (low 110, high 130).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-19BTIGReiteratedBuy$121
2026-10-12UBSInitiatedBuy$120
2026-10-01JP MorganInitiatedOverweight$110
2026-10-01BTIGReiteratedBuy$121
2026-09-09WedbushReiteratedOutperform$123
2026-09-08BTIGReiteratedBuy$121
2026-08-26Deutsche BankTarget loweredBuy$135 → $127
2026-08-26WedbushTarget loweredOutperform$130 → $123
2026-08-26BTIGTarget loweredBuy$132 → $121
2026-08-11BTIGTarget raisedBuy$112 → $132
2026-08-05Wells FargoTarget raisedOverweight$90 → $115
2026-08-05GuggenheimTarget raisedBuy$115 → $130

Total return (dividends reinvested) (SYRE)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return+312.7%-49.4%
S&P 500 (SPY)+14.9%+80.3%
Per year+314.8%-12.7%
Volatility (annualized)65.1%121.3%
Max drawdown-27.8% (Aug 2026→Oct 2026)-98.3% (Oct 2021→May 2023)

SYRE suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
PartnerParagon Therapeutics“All references to "our product candidates," "our programs" and "our pipeline" in this Annual Report refer to the research programs with respect to which we have signed a license agreement for, exercised the option to acquire intellectual property license rights to or have the option to acquire intellectual property license rights to pursuant to that certain antibody discovery and option agreement, dated May 25, 20…”
PartnerWuXi“Pursuant to a Novation Agreement dated September 19, 2023 (the "Novation Agreement"), by and between us, Paragon and WuXi Biologics (Hong Kong) Limited ("WuXi Biologics"), we novated (i) a Biologics Master Services Agreement (the "WuXi Biologics MSA") and (ii) a Cell Line License Agreement (the "Cell Line License Agreement").”
PartnerParapyre Holding“All references to "our product candidates," "our programs" and "our pipeline" in this Annual Report refer to the research programs with respect to which we have signed a license agreement for, exercised the option to acquire intellectual property license rights to or have the option to acquire intellectual property license rights to pursuant to that certain antibody discovery and option agreement, dated May 25, 20…”
CompetitorAbbVie (ABBV)“If approved for the treatment of patients with moderate-to-severe IBD, our portfolio of products would compete with TNF antibodies including Humira (AbbVie), Remicade (Johnson & Johnson), and Simponi (Johnson & Johnson);”
CompetitorJohnson & Johnson (JNJ)“If approved for the treatment of patients with moderate-to-severe IBD, our portfolio of products would compete with TNF antibodies including Humira (AbbVie), Remicade (Johnson & Johnson), and Simponi (Johnson & Johnson);”

Quoted from the company's 10-K filed Feb 19, 2026.

SYRE company outlook (results filed Aug 4, 2026)

Quoted word-for-word from the SEC 8-K results press release.

SYRE analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$-0.84$-0.73+15.1%$014
Next quarter (ends Dec 2026)$-0.88$-0.69+26.7%$014
Current fiscal year (ends Dec 2026)$-2.83$-2.95-3.9%$014
Next fiscal year (ends Dec 2027)$-3.51$-3.13+12.0%$014

SYRE options: expected move

Options price a move of about ±17.7% (±$16.30) by Nov 20, 2026, which includes earnings on Nov 3, 2026. Over the last 8 reports the stock moved ±11.5% on average.

ExpirationDaysATM implied volatilityExpected move
Nov 20, 20262879.1%±17.7%
Dec 18, 20265669.3%±21.6%
Jan 15, 20278465.7%±24.9%
Mar 19, 202714765.5%±32.5%
Jun 17, 202723764.0%±40.2%

30-day implied volatility 75.4% vs 65.4% realized over the last 30 trading days. Put/call ratio (volume) 0. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 23, 2026 at 09:48 UTC)

PriceUSD 92.33
Change▼ 0.67% (down)
Previous CloseUSD 92.95
OpenUSD 92.95
Day RangeUSD 91.27 – 94.57
52-Week RangeUSD 21.15 – 110.18
Volume802,927 shares
Market Cap$8.63B
ExchangeNMS

Technical Analysis (SYRE)

Nexqual's technical model rates SYRE "BUY" based on 4 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 09:48 UTC.

Overall SignalBUY
RSI (14)58.84 (neutral)
vs SMA50Above (USD 91.2)
MACD-0.52 (negative)

Analyst Ratings (SYRE)

Wall Street analysts rate SYRE "Buy" based on 18 analysts, with a mean price target of USD 122.33 (range USD 110–130), per Nexqual as of October 23, 2026 at 09:48 UTC.

Consensus RatingBuy
Analyst Count18
Mean TargetUSD 122.33
High TargetUSD 130
Low TargetUSD 110
Buy / Hold / Sell17 / 1 / 0

Earnings (SYRE)

Next Earnings Date2026-11-03
EPS EstimateUSD -0.84
Revenue Estimate$0

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD -0.36 vs est -0.75 ▲ beat
2026-03-31USD -0.74 vs est -0.65 ▼ miss
2025-12-31USD -0.74 vs est -0.8 ▲ beat
2025-09-30USD -0.15 vs est -0.74 ▲ beat

Source: Nexqual, October 23, 2026 at 09:48 UTC.

Financials & Fundamentals (SYRE)

Gross Margin+0.00%
Operating Margin+0.00%
Profit Margin+0.00%
ROE-22.98%
Current Ratio18.53
Total Cash$1.15B
Total Debt$0

Source: Nexqual, October 23, 2026 at 09:48 UTC.

Financial Health Score (SYRE)

Nexqual rates Spyre Therapeutics, Inc.'s overall financial health "Weak" across five dimensions, as of October 23, 2026 at 09:48 UTC.

GrowthMixed — No data
ProfitabilityWeak — Pre-revenue or very early stage
Balance SheetMixed — $1.15B cash, no debt
Cash FlowWeak — Operating cash flow -$169M (FY ended Dec 2025, 10-K)
EfficiencyCritical — ROE -23%, ROA -19.8%

Ownership (SYRE)

Insider Ownership+1.58%
Institutional Ownership+108.24%
Shares Outstanding93.45M
Float82.50M
Short % of Float+15.36%

Source: Nexqual, October 23, 2026 at 09:48 UTC.

Leadership (SYRE)

Spyre Therapeutics, Inc. is led by Cameron Turtle DPHIL, CEO & Director, per Nexqual as of October 23, 2026 at 09:48 UTC.

CEO & DirectorCameron Turtle DPHIL
Chief Financial OfficerScott L. Burrows
Senior Vice President of OperationsJanet Gunzner-Toste
Senior Vice President of Finance & Investor RelationsEric McIntyre
Senior Vice President of Quality & ComplianceJames Myers

Major Backers & Investors (SYRE)

Notable institutional backers of Spyre Therapeutics, Inc. include FMR, LLC, Fidelity, Perceptive Advisors Llc, according to Nexqual as of October 23, 2026 at 09:48 UTC.

Active Investors

InvestorStake
FMR, LLC12.78%
Fidelity5.14%
Perceptive Advisors Llc4.24%
RTW Investments LP4.17%
Paradigm Biocapital Advisors LP3.77%
Venrock Adviser, LLC2.93%
Price (T.Rowe) Associates Inc2.91%

Index Funds (Passive)

FundStake
BlackRock6.38%
Vanguard Group3.38%
State Street3%

Source: Nexqual, October 23, 2026 at 09:48 UTC.

From Spyre Therapeutics, Inc.'s Latest SEC 10-K Filing (filed 2026-02-19)

Key Strengths & Strategy (as disclosed to the SEC)

Partnerships

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

SymbolNamePriceChange
CYTKCytokinetics, IncorporatedUSD 62.33▼ 0.84%
IBRXImmunityBio, Inc.USD 8.31▼ 3.82%
CAICaris Life Sciences, Inc.USD 31.71▼ 1.98%
TWSTTwist Bioscience CorporationUSD 135.47▼ 9.16%
PTGXProtagonist Therapeutics, Inc.USD 139.53▲ 1.05%
ARWRArrowhead Pharmaceuticals, Inc.USD 58.36▼ 0.82%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:48 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt