25-Aug-2026
Canaccord Genuity Sticks to Their Buy Rating for Connect Biopharma Holdings (CNTB)
TipRanks (Wed, 26-Aug 6:56 AM ET)
Connect Biopharma Reports Second Quarter 2026 Financial Results and Provides Business Update
Globe Newswire (Wed, 12-Aug 4:05 PM ET)
Connect Biopharma Holdings Ltd is a clinical-stage biopharmaceutical company dedicated to transforming care for asthma and chronic obstructive pulmonary disease (COPD). The company is advancing rademikibart, a next-generation antibody designed to target interleukin-4-receptor alpha. It is currently conducting clinical studies of rademikibart for the treatment of acute exacerbations of asthma and COPD. The company operates in one operating segment: treatment of respiratory diseases.
Connect Biopharma Hldgs trades on the NASDAQ stock market under the symbol CNTB.
As of August 25, 2026, CNTB stock price climbed to $2.45 with 628,913 million shares trading.
CNTB has a beta of -1.75, meaning it tends to be less sensitive to market movements. CNTB has a correlation of 0.06 to the broad based SPY ETF.
CNTB has a market cap of $154.26 million. This is considered a Micro Cap stock.
Last quarter Connect Biopharma Hldgs reported $3 million in Revenue and -$.27 earnings per share. This fell short of revenue expectation by $-1 million and exceeded earnings estimates by $.04.
In the last 3 years, CNTB traded as high as $3.82 and as low as $.51.
The top ETF exchange traded funds that CNTB belongs to (by Net Assets): IWO, IWM, VTWO, IWC, VTWG.
CNTB has outperformed the market in the last year with a price return of +31.0% while the SPY ETF gained +20.4%. CNTB has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +4.3% and +9.4%, respectively, while the SPY returned +3.0% and -0.6%, respectively.
CNTB support price is $2.20 and resistance is $2.40 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CNTB shares will trade within this expected range on the day.