INAB Chart
About

IN8bio, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of gamma-delta T cell product candidates for the treatment of cancer and autoimmune diseases. Its products include INB-400, which is in Phase 2 clinical trial to treat newly diagnosed glioblastoma (GBM); INB-200, a genetically modified autologous gamma-delta T cell product candidate that is in Phase I clinical trial for the treatment of GBM; and INB-100, an allogeneic product candidate, which is in Phase I clinical trial to treat patients with hematologic malignancies undergoing hematopoietic stem cell transplantation. The company also develops INB-619, a gamma-delta TCE targeting CD19 for both oncology and autoimmune diseases; INB-300, a nsCAR-enabled DeltEx product candidates targeting difficult liquid tumors and extracranial solid tumors; and INB-500, an induced pluripotent stem cell derived gamma-delta T cells that are in preclinical phase for treatment of cancer. The company was formerly known as Incysus Therapeutics, Inc. and changed its name to IN8bio, Inc. in August 2020. IN8bio, Inc. was incorporated in 2016 and is based in New York, New York.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 15.14M
Enterprise Value -548.69K Income -20.66M Sales —
Book/sh 2.87 Cash/sh 2.31 Dividend Yield —
Payout 0.00% Employees 17 IPO —
P/E — Forward P/E -0.90 PEG —
P/S — P/B 0.54 P/C —
EV/EBITDA 0.03 EV/Sales — Quick Ratio 6.28
Current Ratio 6.91 Debt/Eq 22.42 LT Debt/Eq —
EPS (ttm) -5.26 EPS next Y -1.72 EPS Growth —
Revenue Growth — Earnings 2025-11-06 16:00 ROA -80.39%
ROE -189.72% ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 9.77M
Shs Float 3.30M Short Float 1.43% Short Ratio 1.13
Short Interest — 52W High 8.70 52W Low 1.17
Beta -0.01 Avg Volume 285.00K Volume 20.27K
Target Price $6.25 Recom Strong_buy Prev Close $1.51
Price $1.55 Change 2.65%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$6.25
Mean price target
2. Current target
$1.55
Latest analyst target
3. DCF / Fair value
$-13.63
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.55
Low
$4.00
High
$10.00
Mean
$6.25

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-03-14 main HC Wainwright & Co. Buy → Buy $6
2025-02-12 reit HC Wainwright & Co. Buy → Buy $8
2025-02-11 up Jones Trading Hold → Buy $1
2024-11-26 reit HC Wainwright & Co. Buy → Buy $8
2024-11-13 main HC Wainwright & Co. Buy → Buy $8
2024-08-12 down Jones Trading Buy → Hold —
2024-06-14 main Jones Trading Buy → Buy $7
2024-06-14 reit HC Wainwright & Co. Buy → Buy $13
2024-06-04 reit HC Wainwright & Co. Buy → Buy $13
2024-05-13 main HC Wainwright & Co. Buy → Buy $13
2024-04-10 reit HC Wainwright & Co. Buy → Buy $14
2024-03-18 init Laidlaw & Co. — → Buy $8
2024-03-15 reit HC Wainwright & Co. Buy → Buy $14
2024-03-13 init JonesTrading — → Buy $5
2023-11-13 reit HC Wainwright & Co. Buy → Buy $14
2023-08-11 reit HC Wainwright & Co. Buy → Buy $14
2023-06-05 reit EF Hutton Buy → Buy $8
2023-05-16 reit HC Wainwright & Co. Buy → Buy $14
2023-04-26 reit HC Wainwright & Co. — → Buy $14
2023-04-24 reit Mizuho — → Buy $12
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 724637 999999 — Stock Award(Grant) at price 1.38 per share. FAIRBAIRN EMILY WANG Director — 2025-12-22 00:00:00 I
1 72464 100000 — Stock Award(Grant) at price 1.38 per share. BRANDT PETER C Director — 2025-12-22 00:00:00 D
2 36232 50000 — Stock Award(Grant) at price 1.38 per share. ROEMER ALAN S. Director — 2025-12-22 00:00:00 D
3 36232 50000 — Stock Award(Grant) at price 1.38 per share. HO WILLIAM TAI WEI Chief Executive Officer — 2025-12-22 00:00:00 D
4 7247 10001 — Stock Award(Grant) at price 1.38 per share. MCCALL PATRICK CPA Chief Financial Officer — 2025-12-22 00:00:00 D
5 7247 10001 — Stock Award(Grant) at price 1.38 per share. ROCHLIN KATE PH.D. Chief Operating Officer — 2025-12-22 00:00:00 D
6 163934 30229 — Conversion of Exercise of derivative security at price 0.18 per share. BRANDT PETER C Director — 2025-04-30 00:00:00 D
7 113459 20922 — Conversion of Exercise of derivative security at price 0.18 per share. ROEMER ALAN S. Director — 2025-04-30 00:00:00 D
8 15000 2766 — Conversion of Exercise of derivative security at price 0.18 per share. MCCALL PATRICK CPA Chief Financial Officer — 2025-04-30 00:00:00 D
9 12295 2267 — Conversion of Exercise of derivative security at price 0.18 per share. ROCHLIN KATE PH.D. Chief Operating Officer — 2025-04-30 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-25.88M-27.51M-27.42M-13.87M
TotalUnusualItems-1.07M0.00
TotalUnusualItemsExcludingGoodwill-1.07M0.00
NetIncomeFromContinuingOperationNetMinorityInterest-30.44M-30.01M-28.52M-14.65M
ReconciledDepreciation2.65M2.50M1.10M788.00K
EBITDA-26.94M-27.51M-27.42M-13.87M
EBIT-29.60M-30.01M-28.52M-14.65M
NetInterestIncome230.00K0.00
InterestIncome230.00K0.00
NormalizedIncome-29.37M-30.01M-28.52M-14.65M
NetIncomeFromContinuingAndDiscontinuedOperation-30.44M-30.01M-28.52M-14.65M
TotalExpenses29.60M30.01M28.52M14.65M
TotalOperatingIncomeAsReported-30.44M-30.01M-28.52M-14.65M
DilutedAverageShares1.78M995.50K698.93K332.32K
BasicAverageShares1.78M995.50K698.93K332.32K
DilutedEPS-17.10-30.00-40.80-44.10
BasicEPS-17.10-30.00-40.80-44.10
DilutedNIAvailtoComStockholders-30.44M-30.01M-28.52M-14.65M
NetIncomeCommonStockholders-30.44M-30.01M-28.52M-14.65M
NetIncome-30.44M-30.01M-28.52M-14.65M
NetIncomeIncludingNoncontrollingInterests-30.44M-30.01M-28.52M-14.65M
NetIncomeContinuousOperations-30.44M-30.01M-28.52M-14.65M
PretaxIncome-30.44M-30.01M-28.52M-14.65M
OtherIncomeExpense-1.07M330.00K
OtherNonOperatingIncomeExpenses330.00K
SpecialIncomeCharges-1.07M0.00
RestructuringAndMergernAcquisition1.07M0.00
NetNonOperatingInterestIncomeExpense230.00K0.00
InterestIncomeNonOperating230.00K0.00
OperatingIncome-29.60M-30.01M-28.52M-14.65M
OperatingExpense29.60M30.01M28.52M14.65M
OtherOperatingExpenses-330.00K
ResearchAndDevelopment16.96M16.83M14.06M7.35M
SellingGeneralAndAdministration12.64M13.51M14.46M7.31M
GeneralAndAdministrativeExpense12.64M13.51M14.46M7.31M
OtherGandA12.64M13.51M14.46M7.31M
TotalRevenue0.000.000.000.00
OperatingRevenue0.000.000.000.00
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber2.42M1.44M818.17K626.04K
ShareIssued2.42M1.44M818.17K626.04K
TotalDebt5.03M4.89M5.87M2.41M
TangibleBookValue14.48M24.94M22.73M38.18M
InvestedCapital14.48M24.94M22.73M38.18M
WorkingCapital9.49M19.23M16.41M36.72M
NetTangibleAssets14.48M24.94M22.73M38.18M
CapitalLeaseObligations5.03M4.89M5.87M2.41M
CommonStockEquity14.48M24.94M22.73M38.18M
TotalCapitalization14.48M24.94M22.73M38.18M
TotalEquityGrossMinorityInterest14.48M24.94M22.73M38.18M
StockholdersEquity14.48M24.94M22.73M38.18M
RetainedEarnings-121.66M-91.22M-61.21M-32.69M
AdditionalPaidInCapital136.13M116.15M83.94M70.87M
CapitalStock7.00K4.00K3.00K2.00K
CommonStock7.00K4.00K3.00K2.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest6.47M8.77M10.31M4.04M
TotalNonCurrentLiabilitiesNetMinorityInterest3.38M3.38M4.49M1.78M
NonCurrentDeferredLiabilities0.00
LongTermDebtAndCapitalLeaseObligation3.38M3.38M4.49M1.78M
LongTermCapitalLeaseObligation3.38M3.38M4.49M1.78M
CurrentLiabilities3.08M5.39M5.82M2.26M
CurrentDebtAndCapitalLeaseObligation1.65M1.51M1.39M626.00K
CurrentCapitalLeaseObligation1.65M1.51M1.39M626.00K
PensionandOtherPostRetirementBenefitPlansCurrent207.00K1.67M1.46M926.00K
PayablesAndAccruedExpenses1.23M2.21M2.97M704.00K
CurrentAccruedExpenses840.00K1.28M882.00K309.00K
Payables389.00K924.00K2.09M395.00K
AccountsPayable389.00K924.00K2.09M395.00K
TotalAssets20.94M33.71M33.04M42.22M
TotalNonCurrentAssets8.37M9.08M10.80M3.24M
OtherNonCurrentAssets541.00K511.00K507.00K409.00K
NonCurrentDeferredAssets0.00
GoodwillAndOtherIntangibleAssets126.00K0.00
OtherIntangibleAssets126.00K
NetPPE7.83M8.57M10.30M2.83M
AccumulatedDepreciation-2.26M-1.28M-321.00K-346.00K
GrossPPE10.09M9.86M10.62M3.18M
Leases3.92M3.92M3.90M0.00
ConstructionInProgress0.00182.00K29.00K403.00K
OtherProperties4.97M4.88M5.87M2.33M
MachineryFurnitureEquipment1.20M875.00K819.00K443.00K
Properties0.000.000.000.00
CurrentAssets12.58M24.62M22.23M38.98M
OtherCurrentAssets298.00K270.00K232.00K52.00K
PrepaidAssets1.16M3.07M3.82M1.91M
CashCashEquivalentsAndShortTermInvestments11.12M21.28M18.18M37.02M
CashAndCashEquivalents11.12M21.28M18.18M37.02M
CashFinancial11.12M21.28M18.18M37.02M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-24.34M-23.94M-27.83M-13.82M
RepaymentOfDebt-794.00K-798.00K-615.00K-709.00K
IssuanceOfDebt0.00
IssuanceOfCapitalStock9.94M24.56M9.54M36.33M
CapitalExpenditure-187.00K-600.00K-3.71M-309.00K
EndCashPosition11.12M21.28M18.18M37.27M
OtherCashAdjustmentOutsideChangeinCash-266.00K-256.00K
BeginningCashPosition21.54M18.43M37.27M18.14M
ChangesInCash-10.15M3.10M-19.09M19.14M
FinancingCashFlow14.18M27.04M8.99M32.95M
CashFlowFromContinuingFinancingActivities14.18M27.04M8.99M32.95M
NetOtherFinancingCharges-89.00K-2.69M
ProceedsFromStockOptionExercised5.12M3.28M61.00K30.00K
NetPreferredStockIssuance0.00
PreferredStockIssuance0.00
NetCommonStockIssuance9.94M24.56M9.54M36.33M
CommonStockIssuance9.94M24.56M9.54M36.33M
NetIssuancePaymentsOfDebt-794.00K-798.00K-615.00K-709.00K
NetShortTermDebtIssuance-174.00K
ShortTermDebtPayments-174.00K
NetLongTermDebtIssuance-794.00K-798.00K-615.00K-709.00K
LongTermDebtPayments-794.00K-798.00K-615.00K-709.00K
LongTermDebtIssuance0.00
InvestingCashFlow-187.00K-600.00K-3.71M-309.00K
CashFlowFromContinuingInvestingActivities-187.00K-600.00K-3.71M-309.00K
NetPPEPurchaseAndSale-187.00K-600.00K-3.71M-309.00K
PurchaseOfPPE-187.00K-600.00K-3.71M-309.00K
OperatingCashFlow-24.15M-23.34M-24.12M-13.51M
CashFlowFromContinuingOperatingActivities-24.15M-23.34M-24.12M-13.51M
ChangeInWorkingCapital-1.41M-204.00K-170.00K-1.84M
ChangeInOtherCurrentLiabilities-838.00K-708.00K-414.00K-39.00K
ChangeInOtherCurrentAssets-20.00K0.00-97.00K-159.00K
ChangeInPayablesAndAccruedExpense-2.44M-185.00K2.43M235.00K
ChangeInAccruedExpense-1.91M796.00K924.00K554.00K
ChangeInPayable-535.00K-981.00K1.51M-319.00K
ChangeInAccountPayable-535.00K-981.00K1.51M-319.00K
ChangeInPrepaidAssets1.89M689.00K-2.09M-1.88M
StockBasedCompensation5.00M4.37M3.47M2.19M
DepreciationAmortizationDepletion2.65M2.50M1.10M788.00K
DepreciationAndAmortization2.65M2.50M1.10M788.00K
Depreciation2.65M2.50M1.10M788.00K
OperatingGainsLosses45.00K
GainLossOnSaleOfPPE45.00K0.00
NetIncomeFromContinuingOperations-30.44M-30.01M-28.52M-14.65M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for INAB
Date User Asset Broker Type Position Size Entry Price Patterns