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DCOY · NASDAQ · Biotechnology

Decoy Therapeutics (DCOY)

Developer of peptide-conjugate antivirals against shared viral fusion machinery.

$4.98
Pre-market+2.42 (+94.52%)
At close$2.56(−7.91%)
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Decoy Therapeutics Inc.DCOY
Health Care

Designs preclinical peptide-conjugate antivirals that seek to block shared viral entry machinery across respiratory and other enveloped viruses. Funds development through equity and grants, using IMP³ACT to pair computational design, synthesis, and testing while relying on external partners.

Develops peptide-conjugate Designable Multi-Antivirals that target shared viral fusion machinery across enveloped-virus families. The IMP³ACT platform combines computational structure and binding models, AI/ML-assisted optimization, rapid synthesis, and antiviral assays in a design-build-test-learn loop. Its lead DCOY-CoV program targets broad coronavirus prevention, while DCOY-TRI explores influenza, coronavirus, and RSV/paramyxovirus coverage; filovirus and arenavirus work is exploratory.

Operates from Houston with offices in Cambridge and laboratory space in Long Island City, relying on external manufacturers, CROs, laboratories, computational vendors, and hVIVO for development execution. With no approved products or sales, funding comes from equity financing and restricted grants. All D-MAV candidates remain preclinical, and progress depends on candidate selection, testing, manufacturing, regulatory acceptance, clinical development, and financing.

Company facts

CEOFrederick E. "Rick" Pierce
ListedJan 8, 2026
ExchangeNASDAQ
HeadquartersHouston, TX
CountryUnited States
Employees11
CIK0001615219
ISINUS79400X6022

Market cap$1.4M
EPS (ttm)−$29.09
P/E (ttm)−0.0880
ROE-315.2%
P/B0.3152
P/S
Dividend yieldDiv yield
Beta1.65vs XLV −0.16

No analyst consensus on record.

Next report
Nov 13, 26
in 52 days
EPS estimate
−$3.12
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Apr '26May '26Aug '26Nov '26
Reported−$9.90−$15.44−$6.75−$1.81−$18.64−$4.18−$4.46Pending
Estimate−$415.80−$432.00−$396.00−$403.20−$6.48−$4.12−$2.88−$3.12
Surprise+97.6%+96.4%+98.3%+99.6%−187.7%−1.4%−54.9%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Apr '26May '26Aug '26Nov '26
ReportedPending
Estimate
Surprise
Estimate−$3.12
ReportedDue Nov 13, 2026
Estimate
ReportedDue Nov 13, 2026
View details

Debt to equity0.00%
Current ratio183.20%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$0$0$0
Net income−$972.1K−$1.5M−$1.7M−$957.8K−$873.5K−$9.0M−$2.2M−$2.4M
Net margin

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$1.0M−$1.5M−$1.7M−$965.6K−$895.1K−$9.0M−$2.3M−$2.6M
YoY growthLoss narrowedLoss widenedLoss narrowedLoss narrowedLoss narrowedLoss widenedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $8.3M · Total debt $0 · Total assets $9.0M · Shareholders' equity $4.3M

Revenue
$0
Operating income
−$2.6M
Net income
−$2.4M
View details

No dividends on record.

Institutions0.66%4.3K shares
4 holders · as of Jun 30, 2026
Insiders10.56%69.2K shares
10 holders · as of Sep 2, 2026
Strategic holders10.00%65.5K shares
1 holder · as of Aug 14, 2026
Other78.78%516.2K shares
remainder

655.2K company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Two share counts disagree (655.2K in the company's Sep 22, 2026 report, 532.0K elsewhere); stakes use the report.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Armistice Capital, LLCStrategic
10.00%65,503filed Aug 14, 2026
Frederick Ii PierceInsiderofficer: Chief Executive Officer
5.32%34,844filed Sep 2, 2026
Mark J. RosenblumInsiderofficer: Chief Financial Officer
1.73%11,363filed Sep 2, 2026
Barbara Louise HibnerInsiderofficer: Chief Scientific Officer
0.64%4,216filed Sep 2, 2026
Vanguard Capital Management LLCInstitution
0.62%4,034as of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Dec 30, 2025Arnold C. Hanishdirector−27$0.6397
Nov 20, 2025Arnold C. Hanishdirector+5,000$0.7481
Nov 20, 2025Mark J. Rosenblumofficer: Exec VP Finance, CFO+20,000$0.8000
View details

  • Pfizer

    Approved and late-stage oral COVID antivirals for high-risk patients.

  • Merck

    Long-acting influenza prevention challenges DCOY-TRI in high-risk patients.

  • Invivyd

    Phase 3 COVID antibody prevention overlaps the high-risk prophylaxis market.

  • Traws Pharma

    Phase 2 ritonavir-free COVID treatment overlaps early-use positioning.

ComparePre-market

CompanyPriceChange
Decoy Therapeutics$4.98+94.52%$1.4M
Pfizer$27.72−0.18%$158.10B36.79.92.5+2.6%
Merck$149.97+0.20%$369.24B119.617.35.6+5.1%
Invivyd$1.02+1.49%$300.5M5.1+21.2%
Traws Pharma$0.4900+2.06%$7.6M+4,694.7%
Median78.113.65.1+13.1%