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Research & education only — not financial advice. EDGAR is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates — see Disclosures. Do your own research.

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Home›Stocks›SYRE

SYRE

Spyre Therapeutics, Inc.

Next earnings Aug 3, 2026 · consensus $-0.77 EPS

Last earnings +2.7% on 2026-05-05

Hold
$87.89
▼ -0.88%
$87.89▲ +498.71%
over 1Y
L $14.68EODHDH $100.32
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today-0.9%
1W-12.4%
1M+21.2%
3M+85.8%
YTD+187.4%
1Y+498.7%
OverviewFinancialsValuationQualityTimelineFilings
Rating
Hold
Quality
C
Valuation
Fair value
Filings
Watch
Hold
Conviction
Horizon
Long (>12mo)
Street · 23 analysts
Strong Buy

A well-funded clinical-stage IBD biotech with no revenue — a binary bet on antibody trial readouts, not an analyzable business.

Revenue (FY2025) $0.00 · FY2025

Spyre Therapeutics (formerly Aeglea BioTherapeutics) is a clinical-stage biotech reshaped around a portfolio of next-generation monoclonal antibodies for inflammatory bowel disease (ulcerative colitis, Crohn's) and other immune-mediated diseases — the SPY001 (alpha-4-beta-7 integrin), SPY002 (TL1A) and SPY003 (IL-23) programs licensed from Paragon. It has no commercial product and generated zero product revenue in FY2025; the only revenue history is a small legacy gain tied to the pegzilarginase sale to Immedica, the proceeds of which largely flow to CVR holders. This is a pipeline story whose value is entirely contingent on clinical and regulatory success.

Financials · annual, by fiscal year

Line itemFY21FY22FY23FY24FY25
Revenue$18.7M$2.33M$886K$0.00$0.00
Gross profit—————
Operating income-$65.6M-$84.8M-$242M-$209M-$210M
Net income-$65.8M-$83.8M-$339M-$208M-$155M
Diluted EPS-$25.02-$24.86-$49.12——
Net margin-351.1%-3598.8%-38238.1%——

Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.

Key statistics

Valuation

Enterprise value$6.82B
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield-2.2%
FCF yield-2.5%

Quality & risk

ROIC (est.)-23.1%
Free cash flow-$169M
Total debt—
Net cash$85.7M
Altman Z-Score64.41 safe
Piotroski F-Score2/7

Capital returns

Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Shares Δ YoY+30.3%

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Disclosure timeline

SEC · 8-Ks + reports
Some governance/structural items recently, but no outright red flags.
  1. 8-K Reg FD disclosure2026-06-15
  2. 8-K Other event2026-06-01
  3. 8-K Officer / director change2026-05-29
  4. 8-K Earnings results2026-05-05
  5. 10-Q Quarterly report2026-05-05
  6. 8-K Material agreement2026-04-16
  7. 8-K Earnings results2026-04-13
  8. DEF 14A Proxy statement2026-04-10
  9. S-3 Shelf registration (potential raise)2026-02-19

Recent filings

all on EDGAR ↗
4Period ending 2026-06-252026-06-26open ↗S-3ASRFiling2026-06-26open ↗144Filing2026-06-25open ↗144Filing2026-06-23open ↗4Period ending 2026-06-232026-06-23open ↗SCHEDULE 13D/AFiling2026-06-23open ↗4Period ending 2026-06-222026-06-23open ↗144Filing2026-06-22open ↗8-KPeriod ending 2026-06-152026-06-15open ↗4Period ending 2026-06-032026-06-03open ↗4Period ending 2026-06-012026-06-03open ↗4Period ending 2026-06-012026-06-03open ↗

Quality score

C
ValueGrowthProfitHealthMom.
Value—
GrowthA
ProfitabilityF
Financial healthB-
Momentum—
  • ✗Profitable (positive net income)
  • ✗Return on equity above 15%
  • ✓Liabilities below 2× equity
Revenue
$0.00
Net margin
—
ROE
-21.7%
P/E
—

SEC fundamentals · FY 2025

'21'22'23'24'25

■ revenue · ■ net income, by fiscal year

Revenue$0.00
Net income-$155M+25.4%
Operating income-$210M-0.5%
Diluted EPS-$49.12-97.6%
Cash & equivalents$85.7M-4.1%
Total assets$778M+27.8%
Total liabilities$62.5M-31.0%
Stockholders' equity$715M+38.1%
L/E: 0.09x

Frequently asked

Is Spyre Therapeutics, Inc. (SYRE) a buy?
SYRE currently carries a Hold rating with 2/5 conviction, derived from its latest SEC filings. A well-funded clinical-stage IBD biotech with no revenue — a binary bet on antibody trial readouts, not an analyzable business.
What is Spyre Therapeutics, Inc.'s quality score?
SYRE scores 57.717948717948715/100 (grade C) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0001636282, latest 10-Q filed 2026-05-05) · EODHD · analysis by claude-code · as of 6/21/2026, 8:53:39 PM.

Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Insider activity

Form 4 · SEC

Last 90 days: 0 open-market buys · 11 sales

2026-06-25
Burrows Scott L
Chief Financial Officer
Exercise15.0K @ $14.50$218K
2026-06-25
Burrows Scott L
Chief Financial Officer
Sell5.00K @ $87.12$436K
2026-06-25
Burrows Scott L
Chief Financial Officer
Sell10.0K @ $87.14$871K
2026-06-23
Fairmount Funds Management LLC
Director
Acquired (C)667K
2026-06-23
Fairmount Funds Management LLC
Director
Sell4.68M @ $85.31$400M
2026-06-22
HENDERSON MICHAEL THOMAS
Director
Sell20.0K @ $100.00$2.00M
2026-06-03
Sloan Sheldon
Chief Medical Officer
Exercise8.33K @ $27.46$229K
2026-06-03
Sloan Sheldon
Chief Medical Officer
Sell8.33K @ $75.00$625K
2026-06-01
Turtle Cameron
Chief Executive Officer
Sell3.56K @ $69.40$247K
2026-06-01
Turtle Cameron
Chief Executive Officer
Sell8.15K @ $70.50$575K
2026-06-01
Turtle Cameron
Chief Executive Officer
Sell3.29K @ $71.38$235K
2026-06-01
Burrows Scott L
Chief Financial Officer
Exercise7.50K @ $14.50$109K

Earnings history

beat/miss · move
2026-05-05Miss -8.9% est▲ +2.72%8-K ↗
2026-04-13Miss -8.9% est▲ +23.36%8-K ↗
2026-02-19Beat +11.4% est▲ +3.31%8-K ↗
2025-11-04Beat +80.3% est▼ -3.36%8-K ↗
2025-10-14Beat +80.3% est▲ +11.02%8-K ↗
2025-08-05Miss -0.2% est▲ +4.39%8-K ↗

Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.

Recent news

market news →
Spyre falls after $2M insider sale
seekingalpha.com· 2026-06-24
Merck's Anti-TL1A Antibody Meets Goal in Ulcerative Colitis StudyBullish
finance.yahoo.com· 2026-06-23
SYRE Completes Enrollment in SKYWAY Basket Study on SPY072, Stock UpBullish
finance.yahoo.com· 2026-06-04
Spyre Therapeutics (SYRE): 12 Best High Short Interest Stocks With Highest Upside PotentialBullish
finance.yahoo.com· 2026-06-04
Maze Therapeutics Stock Still Up 180% After March Tumble. One Fund Just Disclosed Selling $3 Million in SharesBullish
finance.yahoo.com· 2026-05-17
Tyra Biosciences Stock Has Soared 280% in a Year. One Fund Just Disclosed Buying More SharesBullish
nasdaq.com· 2026-05-17

Vs tracked universe

compare →

1043 tracked peers · median

EDGAR Score58 vs 67
Revenue growth— vs 7.1%
Net margin— vs 10.5%
Return on equity-21.7% vs 12.4%
P/E— vs 25.5

News sentiment

EODHD · 6d
Neutral
-0.01
vs typical · 12 articles
↑ improving

Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.