NASDAQ:SPRB Spruce Biosciences (SPRB) Stock Price, News & Analysis → The #1 Biotech Stock to Watch in 2024 is Attacking Viruses in a Unique Way (From Smallcaps Daily) (Ad) Free SPRB Stock Alerts $0.85 +0.05 (+6.29%) (As of 05/8/2024 ET) Add Compare Share Share Today's Range$0.78▼$0.8550-Day Range$0.69▼$5.3952-Week Range$0.67▼$5.95Volume722,782 shsAverage Volume1.04 million shsMarket Capitalization$34.79 millionP/E RatioN/ADividend YieldN/APrice Target$5.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Spruce Biosciences alerts: Email Address Spruce Biosciences MarketRank™ Stock AnalysisAnalyst RatingHold2.25 Rating ScoreUpside/Downside570.2% Upside$5.67 Price TargetShort InterestHealthy0.74% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$2.61 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.33) to ($1.16) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.47 out of 5 starsMedical Sector193rd out of 905 stocksPharmaceutical Preparations Industry79th out of 422 stocks 4.1 Analyst's Opinion Consensus RatingSpruce Biosciences has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 6 hold ratings, and no sell ratings.Amount of Analyst CoverageSpruce Biosciences has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Spruce Biosciences' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.74% of the float of Spruce Biosciences has been sold short.Short Interest Ratio / Days to CoverSpruce Biosciences has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Spruce Biosciences has recently decreased by 48.81%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldSpruce Biosciences does not currently pay a dividend.Dividend GrowthSpruce Biosciences does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SPRB. Previous Next 0.0 News and Social Media Coverage Search InterestOnly 3 people have searched for SPRB on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Spruce Biosciences to their MarketBeat watchlist in the last 30 days. This is a decrease of -56% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Spruce Biosciences insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,613,101.00 in company stock.Percentage Held by InsidersOnly 9.10% of the stock of Spruce Biosciences is held by insiders.Percentage Held by Institutions91.71% of the stock of Spruce Biosciences is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Spruce Biosciences' insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Spruce Biosciences are expected to grow in the coming year, from ($1.33) to ($1.16) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Spruce Biosciences is -0.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Spruce Biosciences is -0.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSpruce Biosciences has a P/B Ratio of 0.45. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Spruce Biosciences' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceThe new financial threat that could wipe out millions…During the Internet boom, companies like Pets.com were supposed to be promising investments riding the wave of a new tech boom. But then they were gone within a blink of an eye. One of the most successful investors in history just stepped forward to say the same thing is about to happen to AI stocks.Pay close attention to this important video About Spruce Biosciences Stock (NASDAQ:SPRB)Spruce Biosciences, Inc., a biopharmaceutical company, focuses on developing and commercializing novel therapies for rare endocrine disorders. The company engages in developing tildacerfont, a non-steroidal therapy to enhance disease control and reduce steroid burden for patients suffering from congenital adrenal hyperplasia (CAH), which is in Phase 2b clinical trial; and to evaluate glucocorticoid reduction in adult patients with classic CAH that is Phase 2b clinical trial. It is also developing tildacerfont for the treatment of pediatric classic congenital adrenal hyperplasia in children that is in Phase 2 clinical trial; and for females with polycystic ovary syndrome, which is in Phase 2 clinical trial. Spruce Biosciences, Inc. has a license agreement with Eli Lilly and Company to research, develop, and commercialize compounds for various pharmaceutical uses; and collaboration and license agreement with Kaken Pharmaceutical Co. Ltd. to develop, manufacture, and commercialize tildacerfont for the treatment of CAH in Japan. The company was incorporated in 2014 and is headquartered in South San Francisco, California.Read More SPRB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SPRB Stock News HeadlinesApril 30, 2024 | finance.yahoo.comSpruce Biosciences Announces Additional Poster Presentation at the Pediatric Endocrine Society 2024 Annual MeetingApril 26, 2024 | investing.comSpruce Biosciences Inc (SPRB)May 8, 2024 | Smallcaps Daily (Ad)The #1 Biotech Stock to Watch in 2024 is Attacking Viruses in a Unique WaySee how with its ongoing expansion and development of its diverse and promising product pipeline, this small-cap NYSE company is positioned to be a dominant and innovative leader in the nanomedicine and antiviral therapy space.April 22, 2024 | businesswire.comSpruce Biosciences Announces Upcoming Poster Presentation at the Pediatric Endocrine Society 2024 Annual MeetingApril 4, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Spruce Biosciences, Inc. - SPRBMarch 27, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Spruce Biosciences, Inc. - SPRBMarch 23, 2024 | finance.yahoo.comRevenue Downgrade: Here's What Analysts Forecast For Spruce Biosciences, Inc. (NASDAQ:SPRB)March 19, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Spruce Biosciences, Inc. - SPRBMay 8, 2024 | Smallcaps Daily (Ad)The #1 Biotech Stock to Watch in 2024 is Attacking Viruses in a Unique WaySee how with its ongoing expansion and development of its diverse and promising product pipeline, this small-cap NYSE company is positioned to be a dominant and innovative leader in the nanomedicine and antiviral therapy space.March 16, 2024 | finance.yahoo.comSpruce Biosciences, Inc. (NASDAQ:SPRB) Just Reported Earnings, And Analysts Cut Their Target PriceMarch 14, 2024 | marketwatch.comSpruce Biosciences Shares Dive 74% After Terminating Genetic Disease Study, Cutting StaffMarch 14, 2024 | markets.businessinsider.comSpruce Biosciences' Hormone Treatment Stumbles In Trials, Prompts Stock FreefallMarch 14, 2024 | businesswire.comSpruce Biosciences, Inc. (SPRB) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged WrongdoingsMarch 14, 2024 | marketwatch.comStocks to Watch: Spruce Biosciences, UiPathMarch 14, 2024 | markets.businessinsider.comSpruce Biosciences FY23 Loss Widens, CAHmelia-203 Study Fails; Stock Down In Pre-marketMarch 14, 2024 | msn.comWhy Is Rare Endocrine Disorder-Focused Spruce Biosciences Stock Plummeting On Thursday?March 14, 2024 | investorplace.comWhy Is Spruce Biosciences (SPRB) Stock Down 78% Today?March 14, 2024 | markets.businessinsider.comBuy Rating Affirmed for Spruce Biosciences Amid Clinical Trial Optimism and Advancing Dose CohortsMarch 13, 2024 | msn.comSpruce Biosciences stock craters 75% on failed Phase 2 studyMarch 13, 2024 | finance.yahoo.comSpruce Biosciences Inc (SPRB) Reports Full Year 2023 Financial Results Amid Clinical Trial SetbacksMarch 13, 2024 | businesswire.comSpruce Biosciences Reports Full Year 2023 Financial Results and Provides Corporate UpdatesMarch 13, 2024 | businesswire.comSpruce Biosciences Announces Topline Results from CAHmelia-203 in Adult Classic CAH and CAHptain-205 in Pediatric Classic CAHFebruary 23, 2024 | benzinga.comSpruce Biosciences Stock (NASDAQ:SPRB), Short Interest ReportFebruary 21, 2024 | msn.comGuggenheim starts Spruce Biosciences at buy, cites near-term catalystsFebruary 21, 2024 | msn.comGuggenheim Initiates Coverage of Spruce Biosciences (SPRB) with Buy RecommendationJanuary 30, 2024 | finance.yahoo.comSpruce Biosciences to Present at the Oppenheimer 34th Annual Healthcare Life Sciences ConferenceJanuary 22, 2024 | finance.yahoo.comSpruce Biosciences Completes Enrollment in CAHmelia-204 Study for Adult Classic Congenital Adrenal HyperplasiaSee More Headlines Receive SPRB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Spruce Biosciences and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/13/2024Today5/08/2024Next Earnings (Estimated)5/20/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:SPRB CUSIPN/A CIK1683553 Webwww.sprucebiosciences.com Phone415-655-4168FaxN/AEmployees29Year FoundedN/APrice Target and Rating Average Stock Price Target$5.67 High Stock Price Target$10.00 Low Stock Price Target$2.00 Potential Upside/Downside+570.2%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($1.25) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-47,920,000.00 Net Margins-474.96% Pretax Margin-474.96% Return on Equity-52.31% Return on Assets-39.77% Debt Debt-to-Equity Ratio0.02 Current Ratio4.18 Quick Ratio4.18 Sales & Book Value Annual Sales$10.09 million Price / Sales3.45 Cash FlowN/A Price / Cash FlowN/A Book Value$1.88 per share Price / Book0.45Miscellaneous Outstanding Shares41,150,000Free Float37,408,000Market Cap$34.79 million OptionableOptionable Beta2.50 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. Michael G. Grey (Age 71)Executive Chairman Comp: $70kDr. Javier Szwarcberg M.D. (Age 54)M.P.H., CEO & Director Comp: $951.85kMr. Samir M. Gharib CPA (Age 42)M.B.A., President & CFO Comp: $683.63kDr. Ralph William Charlton III (Age 54)M.D., Chief Medical Officer Comp: $647.4kMs. P. J. RamtinSenior Vice President of Business OperationsMs. Heidi Petersen M.P.H.Senior Vice President of Regulatory & QualityMore ExecutivesKey CompetitorsImmunoPrecise AntibodiesNASDAQ:IPAViracta TherapeuticsNASDAQ:VIRXFortress BiotechNASDAQ:FBIODaré BioscienceNASDAQ:DAREAcurx PharmaceuticalsNASDAQ:ACXPView All CompetitorsInsiders & InstitutionsRosalind Advisors Inc.Sold 77,973 shares on 4/25/2024Ownership: 3.666%Holdings A/S NovoSold 359,979 sharesTotal: $262,784.67 ($0.73/share)Holdings A/S NovoSold 842,020 sharesTotal: $648,355.40 ($0.77/share)Holdings A/S NovoSold 1,912,316 sharesTotal: $1.70 M ($0.89/share)Superstring Capital Management LPBought 118,814 shares on 2/14/2024Ownership: 0.292%View All Insider TransactionsView All Institutional Transactions SPRB Stock Analysis - Frequently Asked Questions Should I buy or sell Spruce Biosciences stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Spruce Biosciences in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SPRB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPRB, but not buy additional shares or sell existing shares. View SPRB analyst ratings or view top-rated stocks. What is Spruce Biosciences' stock price target for 2024? 8 equities research analysts have issued 1 year target prices for Spruce Biosciences' stock. Their SPRB share price targets range from $2.00 to $10.00. On average, they predict the company's share price to reach $5.67 in the next twelve months. This suggests a possible upside of 570.2% from the stock's current price. View analysts price targets for SPRB or view top-rated stocks among Wall Street analysts. How have SPRB shares performed in 2024? Spruce Biosciences' stock was trading at $2.93 at the start of the year. Since then, SPRB shares have decreased by 71.1% and is now trading at $0.8455. View the best growth stocks for 2024 here. Are investors shorting Spruce Biosciences? Spruce Biosciences saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 164,000 shares, a decline of 48.8% from the March 31st total of 320,400 shares. Based on an average daily trading volume, of 1,320,000 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.7% of the shares of the company are short sold. View Spruce Biosciences' Short Interest. When is Spruce Biosciences' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024. View our SPRB earnings forecast. How were Spruce Biosciences' earnings last quarter? Spruce Biosciences, Inc. (NASDAQ:SPRB) issued its earnings results on Wednesday, March, 13th. The company reported ($0.23) earnings per share for the quarter, beating analysts' consensus estimates of ($0.41) by $0.18. The company had revenue of $2.89 million for the quarter, compared to the consensus estimate of $1.65 million. Spruce Biosciences had a negative net margin of 474.96% and a negative trailing twelve-month return on equity of 52.31%. When did Spruce Biosciences IPO? Spruce Biosciences (SPRB) raised $75 million in an initial public offering on Friday, October 9th 2020. The company issued 5,000,000 shares at $14.00-$16.00 per share. Cowen, SVB Leerink, Credit Suisse and RBC Capital Markets acted as the underwriters for the IPO. Who are Spruce Biosciences' major shareholders? Spruce Biosciences' stock is owned by many different institutional and retail investors. Top institutional shareholders include Rosalind Advisors Inc. (3.67%). Insiders that own company stock include Camilla V Simpson and Holdings A/S Novo. View institutional ownership trends. How do I buy shares of Spruce Biosciences? Shares of SPRB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:SPRB) was last updated on 5/8/2024 by MarketBeat.com Staff From Our PartnersThe #1 Biotech Stock to Watch in 2024 is Attacking Viruses in a Unique WaySmallcaps DailyTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaAI “wealth window” is closing June 25thParadigm PressThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldHe Is Giving Away BitcoinCrypto Swap ProfitsGold Set to EXPLODE!Gold Safe ExchangeCharles Payne Demystifies OptionsUnstoppable ProsperityShocking: One AI startup's revenue could surge 4,735%Manward Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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