tiprankstipranks
Trending News
More News >

Sutro Biopharma Faces NASDAQ Non-Compliance Notice

Story Highlights
  • Sutro Biopharma received a NASDAQ notice for non-compliance with the $1.00 minimum bid price.
  • The company plans to monitor its stock price and may use a reverse stock split to comply.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sutro Biopharma Faces NASDAQ Non-Compliance Notice

Don’t Miss TipRanks’ Half-Year Sale

Sutro Biopharma ( (STRO) ) has provided an announcement.

On June 20, 2025, Sutro Biopharma received a notice from NASDAQ indicating non-compliance with the $1.00 minimum bid price requirement for continued listing on The NASDAQ Global Market. The company has until December 17, 2025, to meet this requirement, with options for an additional compliance period if necessary. Failure to comply could result in delisting, but the company plans to monitor its stock price and may implement a reverse stock split to regain compliance.

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 Underperform.

The overall stock score for Sutro Biopharma is low, primarily due to significant financial challenges, including negative equity and cash flow deficiencies. Technical indicators further suggest bearish momentum, and valuation metrics reflect the lack of profitability. These factors contribute to a high-risk profile typical of early-stage biotech firms.

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

More about Sutro Biopharma

Sutro Biopharma, Inc. operates in the biopharmaceutical industry, focusing on the development of novel therapeutics for cancer and autoimmune disorders. The company is known for its proprietary cell-free protein synthesis platform, which is used to create complex biologics.

Average Trading Volume: 1,477,594

Technical Sentiment Signal: Sell

Current Market Cap: $67.47M

See more insights into STRO stock on 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