SABS · NASDAQ · Biotechnology

SAB Biotherapeutics (SABS)

Develops a fully human polyclonal-antibody therapy for newly diagnosed autoimmune diabetes.

$3.33
vs last close−0.17 (−4.86%)
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SAB Biotherapeutics, Inc.SABS
Health Care

Develops SAB-142, an investigational fully human anti-thymocyte globulin for newly diagnosed autoimmune diabetes, using a transchromosomic-cattle platform to generate multi-specific polyclonal antibodies. Its development-stage model centers on clinical advancement and financing rather than commercial product sales.

Develops SAB-142, an investigational fully human anti-thymocyte globulin for newly diagnosed autoimmune diabetes. The therapy uses multi-specific polyclonal antibodies intended to modulate immune cells involved in pancreatic beta-cell destruction.

Runs the Tc Bovine/DiversitAb platform from a Miami Beach corporate office and a South Dakota research and manufacturing base, combining transchromosomic cattle, plasma collection, process development, and clinical-scale cGMP operations. Clinical activity extends across the United States, Australia, and New Zealand, with manufacturing support contracted in Canada.

Depends on the SAFEGUARD trial, regulatory review, animal-herd supply, specialized manufacturing, and continued financing. Has no approved product, commercial sales, marketing, or distribution operation.

Company facts

CEOSamuel J. Reich
ListedOct 25, 2021
ExchangeNASDAQ
HeadquartersMiami Beach, FL
CountryUnited States
Employees86
CIK0001833214
ISINUS78397T2024

Market cap$318.5M
EPS (ttm)−$0.8600
P/E (ttm)−4.07
ROE-6.7%
P/B1.48
P/S
Dividend yieldDiv yield
Beta1.26vs XLV 0.33

Price target$11.00+214.3%Average of 8 analysts
ConsensusBuy7 of 8 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Jun 24, 2026BarclaysInitiate
Rating: Target:
Rating: OverweightTarget: $13
May 20, 2026JefferiesTarget
Target:
Target: $11
May 12, 2026H.C. WainwrightTarget
Target: $6
Target: $10
Jan 7, 2026UBSTarget
Target:
Target: $7

Next report
Nov 13, 26
estimated · in 51 days
EPS estimate
−$0.27
Revenue estimate
$125.0K
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$1.23−$0.56−$1.09−$0.21−$0.46−$0.35−$0.28Pending
Estimate−$1.16−$1.00−$0.82−$0.59−$0.16−$0.20−$0.28−$0.27
Surprise−6.0%+44.0%−32.9%+64.4%−187.5%−75.0%+1.1%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$100.0KPending
Estimate$120.0K$125.0K$83.3K$100.0K$100.0K$125.0K$125.0K$125.0K
Surprise−16.7%
Estimate−$0.27
ReportedDue Nov 13, 2026
Estimate$125.0K
ReportedDue Nov 13, 2026
View details

Debt to equity2.40%
Current ratio922.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$114.7K$0$0$0$0$0$0
Net income−$10.3M−$11.4M−$5.2M−$10.1M$45.4M−$16.9M−$18.9M−$22.5M
Net margin0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$11.3M−$10.0M−$10.8M−$9.7M−$12.7M−$15.8M−$20.0M−$23.4M
YoY growthLoss widenedLoss narrowedLoss narrowedLoss narrowedLoss widenedLoss widenedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $102.6M · Total debt $5.1M · Total assets $238.2M · Shareholders' equity $214.8M

Revenue
$0
Operating income
−$23.4M
Net income
−$22.5M
View details

No dividends on record.

Institutions75.29%68.50M shares
92 holders · as of Jun 30, 2026
Insiders0.05%41.9K shares
1 holder · as of Sep 18, 2026
Other24.66%22.44M shares
remainder

90.99M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Caligan Partners LPInstitution
8.76%7.97Mas of Jun 30, 2026
Vivo Capital, LLCInstitution
8.02%7.30Mas of Jun 30, 2026
Perceptive Advisors LLCInstitution
7.28%6.63Mas of Jun 30, 2026
Adage Capital Partners GP, L.L.C.Institution
7.04%6.41Mas of Jun 30, 2026
Adage Capital Management, L.P.Institution
7.04%6.41Mfiled Aug 12, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

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Compare

CompanyPriceChange
SAB Biotherapeutics$3.33−4.86%$318.5M
Sanofi (ADR)$41.49−2.40%$102.08B76.01.8+11.2%
Biomea Fusion$1.39−18.31%$122.9M
Pfizer$28.18+0.88%$159.19B36.910.12.5+2.6%
vTv Therapeutics$30.51−1.91%$81.4M2.2
Sana Biotechnology$3.05−8.28%$926.7M
Century Therapeutics$1.82−3.97%$163.6M
Median56.510.12.2+6.9%