tiprankstipranks
Trending News
More News >

Sutro Biopharma Adopts Key Proposals at Annual Meeting

Story Highlights
Sutro Biopharma Adopts Key Proposals at Annual Meeting

Don’t Miss TipRanks’ Half-Year Sale

Sutro Biopharma ( (STRO) ) just unveiled an announcement.

On June 6, 2025, Sutro Biopharma held its 2025 Annual Meeting of Stockholders, where several key proposals were adopted. These included the election of three Class I directors to serve until 2028, the ratification of Ernst & Young LLP as the independent accounting firm for 2025, approval of executive compensation on a non-binding basis, and an amendment to the company’s Restated Certificate of Incorporation to potentially enact a reverse stock split.

The most recent analyst rating on (STRO) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Sutro Biopharma stock, see the STRO Stock Forecast page.

Spark’s Take on STRO Stock

According to Spark, TipRanks’ AI Analyst, STRO is a Neutral.

Sutro Biopharma’s score is driven primarily by significant financial challenges and a bearish technical outlook. The strategic review and leadership change add uncertainty, but they may offer a path towards improved operations. The valuation remains weak given the negative earnings and lack of dividend yield, which are key considerations for investors.

To see Spark’s full report on STRO stock, click here.

More about Sutro Biopharma

Average Trading Volume: 1,867,766

Technical Sentiment Signal: Sell

Current Market Cap: $71.62M

For detailed information about STRO stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1