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Boundless Bio Inc. ( (BOLD) ) has shared an update.
On May 23, 2025, Boundless Bio announced a significant workforce reduction of approximately one-third as part of a portfolio prioritization strategy, incurring costs of about $1.2 million. The company is discontinuing certain clinical trials due to suboptimal results and is focusing on combination therapies, particularly BBI-355 and BBI-825, which have shown promising preclinical results. Additionally, Boundless Bio is advancing its Kinesin program with the development of BBI-940, targeting a previously undrugged kinesin involved in DNA segregation. These strategic moves aim to extend the company’s cash runway into 2028, ensuring continued development and proof-of-concept clinical readouts for its therapeutic programs.
The most recent analyst rating on (BOLD) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on Boundless Bio Inc. stock, see the BOLD Stock Forecast page.
Spark’s Take on BOLD Stock
According to Spark, TipRanks’ AI Analyst, BOLD is a Underperform.
Boundless Bio Inc. scores low due to its challenging financial situation with no revenue and high operational costs, despite some improvements in equity and liquidity. The technical analysis suggests possible short-term recovery potential, but the negative valuation metrics underscore the speculative nature of the stock. Investors should be cautious, as future gains depend heavily on successful product commercialization.
To see Spark’s full report on BOLD stock, click here.
More about Boundless Bio Inc.
Boundless Bio, Inc. operates in the biotechnology industry, focusing on developing innovative cancer therapies. The company is engaged in the research and development of novel treatments targeting oncogene-amplified cancers and DNA segregation processes, with key programs including CHK1 inhibitors and Kinesin degraders.
Average Trading Volume: 69,768
Technical Sentiment Signal: Strong Sell
Current Market Cap: $34.92M
For an in-depth examination of BOLD stock, go to TipRanks’ Stock Analysis page.