SPRO Chart
About

Spero Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on identifying and developing novel treatments for multi-drug resistant (MDR) bacterial infections and rare diseases in the United States. The company's product candidates include Tebipenem HBr (tebipenem pivoxil hydrobromide), an oral carbapenem-class antibiotic to treat complicated urinary tract infections, including pyelonephritis for adult patients, which is in Phase 3 development; and SPR720, a novel product candidate for first-line treatment of nontuberculous mycobacterial (NTM) pulmonary disease. It has license agreement with Meiji Seika Pharma Co., Ltd. to support the development of tebipenem HBr; Everest Medicines to develop, manufacture, and commercialize SPR206 in Greater China, South Korea, and Southeast Asian countries; and Vertex Pharmaceuticals Incorporated for patents relating to the oral prodrug SPR720, as well as SPR719, an active metabolite. Spero Therapeutics, Inc. was founded in 2013 and is headquartered in Cambridge, Massachusetts.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 125.64M
Enterprise Value 80.37M Income -43.84M Sales 40.55M
Book/sh 0.47 Cash/sh 0.86 Dividend Yield —
Payout 0.00% Employees 32 IPO —
P/E — Forward P/E -2.01 PEG —
P/S 3.10 P/B 4.74 P/C —
EV/EBITDA -1.78 EV/Sales 1.98 Quick Ratio 3.74
Current Ratio 3.83 Debt/Eq 12.65 LT Debt/Eq —
EPS (ttm) -0.79 EPS next Y -1.11 EPS Growth —
Revenue Growth -59.60% Earnings 2026-03-26 ROA -29.77%
ROE -95.30% ROIC — Gross Margin -52.19%
Oper. Margin -134.67% Profit Margin -108.11% Shs Outstand 56.34M
Shs Float 36.59M Short Float 2.04% Short Ratio 4.03
Short Interest — 52W High 3.22 52W Low 0.51
Beta 1.45 Avg Volume 290.08K Volume 682.73K
Target Price $4.00 Recom None Prev Close $2.24
Price $2.23 Change -0.45%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$4.00
Mean price target
2. Current target
$2.23
Latest analyst target
3. DCF / Fair value
$-2.34
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.23
Low
$4.00
High
$4.00
Mean
$4.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-01-30 reit HC Wainwright & Co. Buy → Buy $5
2024-12-20 down Evercore ISI Group Outperform → In-Line $5
2024-12-02 reit HC Wainwright & Co. Buy → Buy $5
2024-11-18 down TD Cowen Buy → Hold —
2024-11-15 reit Cantor Fitzgerald — → Overweight —
2024-11-04 main HC Wainwright & Co. Buy → Buy $5
2024-10-03 reit HC Wainwright & Co. Buy → Buy $7
2024-08-06 up TD Cowen Hold → Buy —
2024-08-06 reit Cantor Fitzgerald — → Overweight —
2024-08-06 reit HC Wainwright & Co. Buy → Buy $7
2024-05-16 reit HC Wainwright & Co. Buy → Buy $7
2024-04-04 reit Cantor Fitzgerald — → Overweight —
2024-03-18 reit HC Wainwright & Co. Buy → Buy $7
2023-11-14 reit HC Wainwright & Co. Buy → Buy $7
2023-09-05 reit HC Wainwright & Co. Buy → Buy $7
2023-08-14 main HC Wainwright & Co. Buy → Buy $7
2023-08-01 reit HC Wainwright & Co. Buy → Buy $6
2023-07-20 reit HC Wainwright & Co. Buy → Buy $6
2023-04-10 reit HC Wainwright & Co. — → Buy $6
2022-09-26 main HC Wainwright & Co. — → Buy $6
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 18652 44019 — Sale at price 2.36 per share. KEUTZER TIMOTHY Chief Operating Officer — 2026-02-06 00:00:00 D
1 87917 207484 — Sale at price 2.36 per share. RAJAVELU ESTHER Chief Executive Officer — 2026-02-06 00:00:00 D
2 46586 101175 — Sale at price 2.14 - 2.24 per share. KEUTZER TIMOTHY Chief Operating Officer — 2026-02-04 00:00:00 D
3 68000 — — Stock Award(Grant) at price 0.00 per share. KEUTZER TIMOTHY Chief Operating Officer — 2026-02-02 00:00:00 D
4 249000 — — Stock Award(Grant) at price 0.00 per share. RAJAVELU ESTHER Chief Executive Officer — 2026-02-02 00:00:00 D
5 18442 40572 — Sale at price 2.20 per share. RAJAVELU ESTHER Chief Executive Officer — 2026-02-02 00:00:00 D
6 40270 95440 — Sale at price 2.37 per share. RAJAVELU ESTHER Chief Executive Officer — 2025-11-07 00:00:00 D
7 6572 12947 — Sale at price 1.97 per share. MAHADEVIA ANKIT Director — 2025-08-28 00:00:00 D
8 1695 3339 — Sale at price 1.97 per share. KEUTZER TIMOTHY Chief Operating Officer — 2025-08-28 00:00:00 D
9 20000 — — Stock Award(Grant) at price 0.00 per share. SMITH CYNTHIA Director — 2025-06-12 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.00-541.21K0.000.00
TaxRateForCalcs0.000.100.000.00
NormalizedEBITDA-71.61M32.46M-32.23M-87.37M
TotalUnusualItems-877.00K-5.31M-10.71M204.00K
TotalUnusualItemsExcludingGoodwill-877.00K-5.31M-10.71M204.00K
NetIncomeFromContinuingOperationNetMinorityInterest-68.57M22.81M-46.41M-89.76M
ReconciledDepreciation2.00K367.00K869.00K646.00K
EBITDA-72.48M27.15M-42.94M-87.17M
EBIT-72.48M26.79M-43.81M-87.82M
NetInterestIncome4.74M3.94M-1.50M-1.59M
InterestExpense0.002.60M1.94M
InterestIncome4.74M3.94M1.11M346.00K
NormalizedIncome-67.69M27.57M-35.70M-89.96M
NetIncomeFromContinuingAndDiscontinuedOperation-68.57M22.81M-46.41M-89.76M
TotalExpenses99.88M69.95M79.15M91.04M
TotalOperatingIncomeAsReported-73.36M21.48M-42.20M-87.97M
DilutedAverageShares54.04M52.99M37.59M30.90M
BasicAverageShares54.04M52.70M37.59M30.90M
DilutedEPS-1.270.43-1.23-2.91
BasicEPS-1.270.43-1.23-2.91
DilutedNIAvailtoComStockholders-68.57M22.81M-46.41M-89.76M
NetIncomeCommonStockholders-68.57M22.81M-46.41M-89.76M
NetIncome-68.57M22.81M-46.41M-89.76M
NetIncomeIncludingNoncontrollingInterests-68.57M22.81M-46.41M-89.76M
NetIncomeContinuousOperations-68.57M22.81M-46.41M-89.76M
TaxProvision0.002.60M0.00
PretaxIncome-68.57M25.40M-46.41M-89.76M
OtherIncomeExpense-817.00K-5.32M-14.35M-191.00K
OtherNonOperatingIncomeExpenses60.00K-14.00K-3.64M-395.00K
SpecialIncomeCharges-877.00K-5.31M-11.63M0.00
OtherSpecialCharges3.58M
WriteOff0.005.31M0.00
ImpairmentOfCapitalAssets0.005.31M0.00
RestructuringAndMergernAcquisition877.00K0.0011.63M0.00
GainOnSaleOfSecurity917.00K204.00K
NetNonOperatingInterestIncomeExpense4.74M3.94M-1.50M-1.59M
InterestExpenseNonOperating0.002.60M1.94M
InterestIncomeNonOperating4.74M3.94M1.11M346.00K
OperatingIncome-72.48M26.79M-30.57M-87.97M
OperatingExpense99.88M69.95M79.15M91.04M
OtherOperatingExpenses-20.58M-7.05M-4.93M-15.19M
ResearchAndDevelopment96.76M51.44M47.59M64.53M
SellingGeneralAndAdministration23.70M25.55M36.48M41.70M
GeneralAndAdministrativeExpense23.70M25.55M36.48M41.70M
OtherGandA10.52M10.23M16.05M19.46M
SalariesAndWages13.19M15.32M20.43M22.24M
TotalRevenue27.40M96.73M48.58M3.07M
OperatingRevenue27.40M96.73M48.58M3.07M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber54.59M53.00M52.46M32.39M
ShareIssued54.59M53.00M52.46M32.39M
TotalDebt4.30M5.54M6.65M7.33M
TangibleBookValue46.12M106.89M75.93M88.29M
InvestedCapital46.12M106.89M75.93M88.29M
WorkingCapital58.20M94.06M91.92M139.20M
NetTangibleAssets46.12M106.89M75.93M88.29M
CapitalLeaseObligations4.30M5.54M6.65M7.33M
CommonStockEquity46.12M106.89M75.93M88.29M
PreferredStockEquity3.00K
TotalCapitalization46.12M106.89M75.93M88.29M
TotalEquityGrossMinorityInterest46.12M106.89M75.93M88.29M
StockholdersEquity46.12M106.89M75.93M88.29M
GainsLossesNotAffectingRetainedEarnings0.000.00-2.00K
OtherEquityAdjustments-2.00K
RetainedEarnings-459.64M-391.07M-413.88M-367.46M
AdditionalPaidInCapital505.71M497.91M489.76M455.72M
CapitalStock55.00K53.00K52.00K35.00K
CommonStock55.00K53.00K52.00K32.00K
PreferredStock0.000.000.003.00K
TotalLiabilitiesNetMinorityInterest64.42M75.50M48.87M82.78M
TotalNonCurrentLiabilitiesNetMinorityInterest15.35M38.34M27.22M64.11M
OtherNonCurrentLiabilities87.00K96.00K48.55M
DerivativeProductLiabilities576.00K23.61M12.43M802.00K
NonCurrentDeferredLiabilities12.22M10.82M9.74M8.79M
NonCurrentDeferredRevenue12.22M10.82M9.74M8.79M
LongTermDebtAndCapitalLeaseObligation2.55M3.83M4.96M5.97M
LongTermCapitalLeaseObligation2.55M3.83M4.96M5.97M
CurrentLiabilities49.07M37.15M21.65M18.67M
CurrentDeferredLiabilities22.12M27.11M10.37M1.86M
CurrentDeferredRevenue22.12M27.11M10.37M1.86M
CurrentDebtAndCapitalLeaseObligation1.75M1.72M1.69M1.36M
CurrentCapitalLeaseObligation1.75M1.72M1.69M1.36M
PayablesAndAccruedExpenses25.20M8.32M9.59M15.45M
CurrentAccruedExpenses17.72M6.56M8.97M14.35M
Payables7.48M1.76M617.00K1.10M
TotalTaxPayable174.00K387.00K0.00
IncomeTaxPayable174.00K387.00K0.00
AccountsPayable7.31M1.38M617.00K1.10M
TotalAssets110.54M182.39M124.80M171.07M
TotalNonCurrentAssets3.27M51.18M11.23M13.20M
OtherNonCurrentAssets153.00K435.00K5.74M5.64M
DuefromRelatedPartiesNonCurrent0.0046.59M
NonCurrentAccountsReceivable46.59M
NetPPE3.11M4.16M5.49M7.56M
AccumulatedDepreciation-3.62M-3.62M-3.25M-2.88M
GrossPPE6.73M7.78M8.74M10.44M
Leases1.64M1.64M1.64M1.64M
ConstructionInProgress0.00
OtherProperties4.45M5.49M6.46M7.87M
MachineryFurnitureEquipment646.00K646.00K646.00K932.00K
Properties0.000.000.000.00
CurrentAssets107.28M131.21M113.57M157.87M
OtherCurrentAssets1.91M4.18M3.38M8.83M
PrepaidAssets8.83M
Receivables52.48M50.70M1.08M2.64M
OtherReceivables3.08M1.54M1.08M2.64M
DuefromRelatedPartiesCurrent49.39M49.15M0.00
TaxesReceivable361.00K
CashCashEquivalentsAndShortTermInvestments52.89M76.33M109.11M146.40M
OtherShortTermInvestments0.0033.82M
CashAndCashEquivalents52.89M76.33M109.11M112.58M
CashEquivalents52.26M
CashFinancial631.00K
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-23.44M-32.99M-7.73M-64.35M
IssuanceOfCapitalStock0.00221.00K24.51M35.37M
IncomeTaxPaidSupplementalData99.00K2.21M0.00
EndCashPosition52.89M76.33M109.11M112.58M
BeginningCashPosition76.33M109.11M112.58M85.21M
ChangesInCash-23.44M-32.77M-3.48M27.38M
FinancingCashFlow0.00221.00K-29.55M84.05M
CashFlowFromContinuingFinancingActivities0.00221.00K-29.55M84.05M
NetOtherFinancingCharges-54.48M47.23M
ProceedsFromStockOptionExercised0.00420.00K1.45M
NetPreferredStockIssuance0.00
PreferredStockIssuance0.00
NetCommonStockIssuance0.00221.00K24.51M35.37M
CommonStockIssuance0.00221.00K24.51M35.37M
InvestingCashFlow0.0033.81M7.67M
CashFlowFromContinuingInvestingActivities0.0033.81M7.67M
NetOtherInvestingChanges39.00K
NetInvestmentPurchaseAndSale0.0033.81M7.63M
SaleOfInvestment0.0060.78M51.55M
PurchaseOfInvestment0.00-26.97M-43.91M
NetPPEPurchaseAndSale39.00K
SaleOfPPE39.00K
OperatingCashFlow-23.44M-32.99M-7.73M-64.35M
CashFlowFromContinuingOperatingActivities-23.44M-32.99M-7.73M-64.35M
ChangeInWorkingCapital36.28M-70.38M22.09M12.86M
ChangeInOtherWorkingCapital-26.62M29.01M21.89M10.64M
ChangeInOtherCurrentLiabilities-1.33M-1.11M-730.00K-542.00K
ChangeInOtherCurrentAssets46.63M-95.74M-3.00K-319.00K
ChangeInPayablesAndAccruedExpense16.88M-1.27M-5.86M2.06M
ChangeInAccruedExpense11.17M-2.42M-5.38M2.11M
ChangeInPayable5.71M1.15M-484.00K-53.00K
ChangeInAccountPayable5.93M761.00K-484.00K-53.00K
ChangeInTaxPayable-213.00K387.00K0.00
ChangeInIncomeTaxPayable-213.00K387.00K0.00
ChangeInPrepaidAssets2.27M-799.00K5.24M-2.81M
ChangeInReceivables-1.54M-461.00K1.55M3.83M
OtherNonCashItems1.04M969.00K3.28M2.41M
StockBasedCompensation7.79M7.93M9.12M9.43M
AssetImpairmentCharge0.005.31M635.00K0.00
AmortizationOfSecurities0.0013.00K251.00K
DepreciationAmortizationDepletion2.00K367.00K869.00K646.00K
DepreciationAndAmortization2.00K367.00K869.00K646.00K
OperatingGainsLosses2.67M-191.00K
GainLossOnInvestmentSecurities-917.00K-204.00K
NetForeignCurrencyExchangeGainLoss0.0010.00K13.00K
NetIncomeFromContinuingOperations-68.57M22.81M-46.41M-89.76M
SEC Filings

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

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