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HCW Biologics Inc. (HCWB)

Healthcare | Biotechnology | Miramar, United States | NasdaqCM
4.50 USD +0.08 (1.810%) ⇧ (July 14, 2026, 4 p.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 3:47 a.m. EDT

The immediate outlook is severely clouded by a catastrophic multi-year price collapse and existential corporate distress. While the company recently executed a reverse split to avoid delisting and saw a temporary surge, the underlying reality is stark: the stock has lost over 98% of its value over the last four years, with every single year showing negative returns. This relentless downward trajectory, combined with a massive debt load relative to equity and negative free cash flow, suggests the market has priced in a fundamental failure of the business model rather than a temporary setback. The recent volatility appears to be a desperate liquidity event rather than a recovery signal. With no dividend history and a balance sheet that looks precarious, there is no margin of safety here; the asset is currently trading at a discount because the risk of permanent capital loss remains extremely high.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.870980
AutoETS0.876235
AutoARIMA0.876236
AutoTheta1.535720

Forecast horizon: 60 days | Selected: MSTL

Forecast Reliability
Score 19%
H-stat 40.01
Ljung-Box p 0.000
Jarque-Bera p 0.142
Excess Kurtosis -1.24
Attribute Value
Sector Healthcare
Debt to Equity Ratio 114.139
Revenue per Share 12.458
Market Cap 7,185,820
Forward P/E -8.18
Beta 2.30
Profit Margins -34.74%
Website https://www.hcwbiologics.com

Info Dump

Attribute Value
52 Week Change -0.8434238
Address1 2,929 North Commerce Parkway
All Time High 1,866.0
All Time Low 1.5
Ask 5.58
Ask Size 2
Average Daily Volume10 Day 55,230
Average Daily Volume3 Month 2,173,216
Average Volume 2,173,216
Average Volume10Days 55,230
Beta 2.302
Bid 3.17
Bid Size 2
Book Value 5.134
City Miramar
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 4.5
Current Ratio 0.086
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 4.52
Day Low 4.31
Debt To Equity 114.139
Display Name HCW Biologics
Ebitda -5,696,189
Ebitda Margins -0.86407995
Enterprise To Ebitda -1.826
Enterprise To Revenue 1.577
Enterprise Value 10,398,894
Eps Forward -0.55
Eps Trailing Twelve Months -49.74
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 954 842 2037
Fifty Day Average 6.90062
Fifty Day Average Change -2.40062
Fifty Day Average Change Percent -0.34788468
Fifty Two Week Change Percent -84.34238
Fifty Two Week High 44.1
Fifty Two Week High Change -39.6
Fifty Two Week High Change Percent -0.8979592
Fifty Two Week Low 1.5
Fifty Two Week Low Change 3.0
Fifty Two Week Low Change Percent 2.0
Fifty Two Week Range 1.5 - 44.1
Financial Currency USD
First Trade Date Milliseconds 1,626,787,800,000
Float Shares 975,076
Forward Eps -0.55
Forward P E -8.181818
Free Cashflow -10,438,363
Full Exchange Name NasdaqCM
Full Time Employees 35
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.99235
Gross Profits 6,541,763
Has Pre Post Market Data 1
Held Percent Insiders 0.09242
Held Percent Institutions 0.085930005
Implied Shares Outstanding 1,596,849
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ipo Expected Date 2,021-07-20
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,782,777,600
Last Split Factor 1:6
Long Business Summary HCW Biologics Inc., a clinical-stage biopharmaceutical company, focuses on discovering and developing novel immunotherapies for chronic, low-grade inflammation, and diseases in the United States. Its lead products include HCW11-018b, a novel, tetra-valent T-Cell engager; HCW11-040, a multifunctional fusion molecule that is a combination of cytokines and pembrolizumab; and HCW9302, injectable and interleukin 2 (IL-2) fusion protein complex, which is in clinical trial in patients with alopecia areata diseases. The company also develops HCW9201, a fusion protein designed as a reagent to use in the production of natural killer (NK) cell-based therapies; HCW9206, a fusion protein designed as a reagent to use in the production of CAR-therapies for the treatment of infectious diseases; and HCW11-006, a multi-functional immune cell stimulator. It has a license agreement with Wugen Inc. to develop cell therapy-based treatments; and a license, research and co-development agreement with WY Biotech Co., Ltd. for its preclinical molecule. HCW Biologics Inc. was incorporated in 2018 and is headquartered in Miramar, Florida.
Long Name HCW Biologics Inc.
Market us_market
Market Cap 7,185,820
Market State PRE
Max Age 86,400
Message Board Id finmb_628452149
Most Recent Quarter 1,774,915,200
Net Income To Common -18,117,820
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 7,185,820
Number Of Analyst Opinions 1
Open 4.44
Operating Cashflow -11,452,987
Operating Margins 0.49453
Payout Ratio 0.0
Phone 954 842 2024
Pre Market Change 0.0
Pre Market Change Percent 0.0
Pre Market Price 4.5
Pre Market Time 1,784,112,901
Previous Close 4.42
Price Hint 4
Price To Book 0.87650955
Price To Sales Trailing12 Months 1.0900542
Profit Margins -0.34744
Quick Ratio 0.065
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0799999
Regular Market Change Percent 1.80995
Regular Market Day High 4.52
Regular Market Day Low 4.31
Regular Market Day Range 4.31 - 4.52
Regular Market Open 4.44
Regular Market Previous Close 4.42
Regular Market Price 4.5
Regular Market Time 1,784,059,201
Regular Market Volume 25,883
Return On Assets -0.1506
Revenue Growth 1,290.807
Revenue Per Share 12.458
Sand P52 Week Change 0.2043345
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 1,596,849
Shares Percent Shares Out 0.026099999
Shares Short 41,709
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 69,660
Short Name HCW Biologics Inc.
Short Percent Of Float 0.0278
Short Ratio 0.21
Source Interval 15
State FL
Symbol HCWB
Target High Price 29.99999
Target Low Price 29.99999
Target Mean Price 29.99999
Target Median Price 29.99999
Total Cash 1,228,879
Total Cash Per Share 1.095
Total Debt 6,577,194
Total Revenue 6,592,168
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -49.74
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 9.444995
Two Hundred Day Average Change -4.944995
Two Hundred Day Average Change Percent -0.5235572
Type Disp Equity
Volume 25,883
Website https://www.hcwbiologics.com
Zip 33,025