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Zura Bio Limited

ZURA NASDAQ Categories PDF
Healthcare · Biotechnology
San Diego, CA 92037, United States IPO 2023 zurabio.com Updated Jun 26, 6:35pm
Price
$5.35
Market Cap
$347.9M
Employees
30
Beta
0.03
Avg Volume
793,869
CEO
Sandeep C. Kulkarni
Business Description

Zura Bio Limited is a clinical-stage biotechnology company headquartered in San Diego, California, dedicated to pioneering new therapeutic solutions for immune system and inflammatory diseases. Its key product candidates include ZB-168, an anti-IL7Rα inhibitor engineered to address conditions influenced by the IL7 and TSLP biological pathways. The company is also advancing Torudokimab, a monoclonal antibody that neutralizes IL-33, which is currently in Phase 2 clinical development.

Business History
Price Overview
Last updated: Jun 27, 2026 8:01am (just now)
$5.35
+0.81 (+17.84%)
Day Range
$4.47 – $5.44
52-Week Range
$1.00 – $7.44
50-Day MA
$4.52
200-Day MA
$4.70
Volume
8,153,625.00
Analyst Price Targets
Low $15.00
Consensus $15.00
High $15.00
(4 analysts)
Share Structure
Outstanding 65,021,979.00
Float 36,143,856.00
Free Float 55.6%
Normal free float — 55.6% of shares trade freely, ~44.4% held by insiders/institutions
Healthy float typical of established companies. Good liquidity for entering and exiting positions without major price impact.
Price History (1 Year)
Last updated: Jun 27, 2026 2:23am (5h ago)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Jun 27, 2026 2:23am (5h ago)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALC
Stock Price / EPS (Diluted)
-5.05
Stock Price: $5.35
EPS (Diluted): -1.06
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
4.86
Stock Price: $5.35
Total Equity: $101.54M
Shares: 94,160,138
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
-1.62
Market Cap: $347.87M
Total Debt: $0.00
Cash: $109.41M
EBITDA: -$68.60M
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$384.0M
Market Cap: $347.87M
Total Debt: $0.00
Cash: $109.41M
P/S Ratio (Price per dollar of revenue)
API
Stock Price / Revenue Per Share
0.00
Stock Price: $5.35
Revenue: $0.00
Shares: 94,160,138
EV/Sales (Total value vs revenue — works when P/E can't)
API
0.00
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
0.0%
Gross Profit: $0.00
Revenue: $0.00
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
0.0%
Operating Income: -$75.25M
Revenue: $0.00
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
0.0%
Net Income: -$68.65M
Revenue: $0.00
ROE (Profit from shareholder equity)
API
Net Income / Total Equity
-54.6%
Net Income: -$68.65M
Total Equity: $101.54M
ROIC (Profit from all invested capital)
API
NOPAT / Invested Capital
-37.6%
Operating Income: -$75.25M
Tax Rate: 0.0%
Equity: $101.54M
Total Debt: $0.00
Cash: $109.41M
Zero debt — invested capital = equity minus cash (very efficient)
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
9.05
Current Assets: $112.31M
Current Liabilities: $12.41M
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
0.00
Short-Term Debt: $0.00
Long-Term Debt: $0.00
Total Debt: $0.00
Total Equity: $101.54M
Zero debt — this company carries no debt obligations. Strongest possible score.
Rev/Share (Top-line per share)
Revenue / Shares Outstanding
Revenue: $0.00
Shares: 94,160,138
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$1.08
Total Equity: $101.54M
Shares: 94,160,138
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$-0.69
Operating CF: -$64.82M
CapEx: -$113,000
Shares: 94,160,138
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $5.35
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: -$68.65M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares ZURA against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 27, 2026 2:23am (5h ago)
Metric 2021 2022 2023 2024 2025
Revenue $0 $0 $0 $0 $0
Cost of Revenue $0 $0 $0 $0 $0
Gross Profit $0 $0 $0 $0 $0
Operating Expenses $1.1M $27.2M $62.6M $55.2M $75.2M
Operating Income -$1.1M -$27.2M -$62.6M -$55.2M -$75.2M
Net Income $8.4M -$25.7M -$60.4M -$52.4M -$68.7M
EBITDA $8.4M -$27.3M -$60.6M -$52.4M -$68.6M
EPS $0.40 $0.21 $-2.09 $-0.60 $-1.06
EPS (Diluted)
Balance Sheet (Annual)
Last updated: Jun 27, 2026 2:23am (5h ago)
Metric 2022 2022 2023 2024 2025
Cash & Equivalents $729,223 $1.6M $99.8M $176.5M $109.4M
Total Current Assets $1.2M $1.8M $100.8M $178.7M $112.3M
Total Assets $140.6M $5.3M $100.8M $179.5M $113.9M
Current Liabilities $272,292 $14.8M $20.3M $19.5M $12.4M
Long-Term Debt $0 $0 $0 $0 $0
Total Liabilities $10.4M $27.3M $21.3M $19.5M $12.4M
Total Equity $130.2M -$32.1M $59.3M $146.8M $101.5M
Retained Earnings -$9.2M -$32.1M -$103.5M -$155.9M -$224.5M
Cash Flow (Annual)
Last updated: Jun 27, 2026 2:23am (5h ago)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow -$1.1M -$1.2M -$15.1M -$28.1M -$64.8M
Capital Expenditure $-4 -$12.0M -$8.0M $-75,000 $-113,000
Free Cash Flow -$1.1M -$13.2M -$23.1M -$28.2M -$64.9M
Acquisitions (net) $0 $0 $0 $0 $0
Debt Repayment
Dividends Paid
Stock Buybacks $0 $0 $0 $0 $0
Net Change in Cash $729,223 $1.6M $98.2M $76.7M -$67.1M
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 2:23am (5h ago)
Metric 2027 2028 2029 2030
Revenue $10.7M
$10.7M – $10.7M
$8.3M
$8.3M – $8.3M
$16.7M
$16.7M – $16.7M
$171.7M
$171.7M – $171.7M
EBITDA $0 $0 $0 $0
Net Income -$86.6M
-$91.0M – -$24.0M
-$90.9M
-$117.7M – -$64.0M
-$101.7M
-$101.7M – -$101.7M
-$71.6M
-$71.6M – -$71.6M
EPS
Growth Trends (YoY %)
Last updated: Jun 27, 2026 2:23am (5h ago)
Metric 2022 2023 2024 2025
Revenue Growth
Gross Profit Growth
Operating Income Growth -2,387.4% -130.6% +11.9% -36.3%
Net Income Growth -405.8% -134.5% +13.2% -31.0%
EBITDA Growth -424.7% -121.6% +13.5% -30.9%
Insider Trading (Recent)
Last updated: Jun 27, 2026 2:23am (5h ago)
Type codes PPurchase SSale AAward / grant MOption exercise FIn-kind (tax) CConversion GGift DReturn to issuer
All SEC Form 4 codes
Open market
P Purchase
Open-market or private purchase of shares.
S Sale
Open-market or private sale of shares.
Compensation (Rule 16b-3)
A Award / grant
Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
D Return to issuer
Securities disposed back to the company under Rule 16b-3.
F In-kind (tax)
Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
I Discretionary
Discretionary transaction under an employee plan — Rule 16b-3(f).
M Option exercise
Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
C Conversion
Conversion of a derivative security into the underlying shares.
E Short expiration
Expiration of a short derivative position.
H Long expiration
Expiration or cancellation of a long derivative position with value received.
O OTM exercise
Exercise of an out-of-the-money derivative.
X ITM exercise
Exercise of an in-the-money or at-the-money derivative.
Other exempt
G Gift
Bona fide gift of securities.
L Small acquisition
Small acquisition under Rule 16a-6.
W Inheritance
Acquisition or disposition by will or the laws of descent.
Z Voting trust
Deposit into or withdrawal from a voting trust.
Other
J Other
Other acquisition or disposition (explained in a Form 4 footnote).
K Equity swap
Transaction in an equity swap or similar instrument.
U Tender / buyout
Disposition via tender of shares in a change-of-control transaction.

Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.

Date Insider Type Shares Price Value
2026-04-17 Mathew Marlyn Teresa 0.00 $0.00 $0
2026-04-17 Mathew Marlyn Teresa 11,133.00 $0.00 $0
2026-04-17 Mathew Marlyn Teresa 90,000.00 $3.38 $304,200
2026-04-17 Mathew Marlyn Teresa 81,150.00 $1.20 $97,380
2026-04-17 Mathew Marlyn Teresa 66,220.00 $6.03 $399,307
2026-06-17 Jarrett Jennifer A-Award 51,000.00 $3.62 $184,620
2026-06-17 Thiara Parvinder A-Award 51,000.00 $3.62 $184,620
2026-06-17 Schoch Steven J A-Award 51,000.00 $3.62 $184,620
2026-06-17 Nirula Ajay A-Award 51,000.00 $3.62 $184,620
2026-06-17 Munshi Amit A-Award 51,000.00 $3.62 $184,620
2026-06-17 Eisner Mark A-Award 51,000.00 $3.62 $184,620
2026-06-17 Becker Daniel J. A-Award 51,000.00 $3.62 $184,620
2026-04-01 Whale Gary A-Award 263,000.00 $6.03 $1.6M
2026-04-01 Nistala Kiran A-Award 340,900.00 $6.03 $2.1M
2026-04-01 Hyllengren Eric J A-Award 340,900.00 $6.03 $2.1M
2026-04-01 Davis Kim A-Award 425,700.00 $6.03 $2.6M
2026-04-01 Kulkarni Sandeep Chidambar A-Award 894,000.00 $6.03 $5.4M
2026-02-21 Nirula Ajay A-Award 37,812.00 $6.53 $246,912
2026-02-21 Nirula Ajay 0.00 $0.00 $0
2026-02-26 AI Biotechnology LLC P-Purchase 2,000,000.00 $6.25 $12.5M
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for ZURA — it's generated by the pipeline (market-narrative step).
Community AI Feedback
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My Notes personal — only you see this
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30