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Werewolf Therapeutics, Inc. (HOWL)

Healthcare | Biotechnology | Watertown, United States | NasdaqCM
0.94 USD -0.03 (-2.833%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 0.93 -0.02 (-0.018%) ⇩ (Aug. 28, 2026, 7:58 p.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 2:35 a.m. EDT

The investment case for Werewolf Therapeutics is currently broken by a catastrophic multi-year decline and a deteriorating balance sheet. The stock has erased nearly 93% of its value over the last four years, with every single year showing negative returns, signaling a persistent failure to execute or deliver value. Fundamentally, the company is burning cash aggressively with negative gross margins and no path to profitability visible in the near term. The recent price action shows a brief, sharp spike to $0.87 followed by a collapse back to $0.40, suggesting the previous rally was a dead cat bounce rather than a reversal. With no dividend to provide income and a massive gap between the current price and the analyst target of $7.00 (which likely assumes a binary event like a successful trial readout), the risk/reward profile is skewed heavily toward capital preservation. Investors should avoid this name until there is concrete evidence of revenue growth or a stabilized burn rate.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.584862
AutoARIMA0.586775
AutoETS0.591838
MSTL0.603970

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 17%
H-stat 59.36
Ljung-Box p 0.000
Jarque-Bera p 0.008
Excess Kurtosis 0.73
Attribute Value
Sector Healthcare
Revenue per Share 0.439
Market Cap 45,843,496
Forward P/E -1.60
Beta 0.29
Profit Margins -164.82%
Website https://werewolftx.com

As of Aug. 22, 2026, 2:35 a.m. EDT: Speculators are overwhelmingly positioning for further downside via heavy put volume relative to call volume. While there is significant call volume at the $2.50 strike (likely a hedge against dilution or a speculative 'lottery ticket' bet on a clinical milestone), the lack of any In-The-Money call buying and the dominance of ITM puts indicate a consensus view that the stock will struggle to recover from current levels. Implied volatility remains elevated, reflecting uncertainty rather than bullish conviction.


Info Dump

Attribute Value
52 Week Change -0.2530769
Address1 200 Talcott Ave
Address2 2nd Floor
All Time High 23.99
All Time Low 0.27
Ask 1.22
Ask Size 2
Average Daily Volume10 Day 39,587,630
Average Daily Volume3 Month 7,015,287
Average Volume 7,015,287
Average Volume10Days 39,587,630
Beta 0.287
Bid 0.707
Bid Size 2
Book Value 0.335
City Watertown
Country United States
Crypto Tradeable 0
Currency USD
Current Price 0.9433
Current Ratio 2.911
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 1.03
Day Low 0.93
Display Name Werewolf Therapeutics
Earnings Timestamp 1,785,501,000
Earnings Timestamp End 1,793,363,400
Earnings Timestamp Start 1,793,363,400
Ebitda -21,921,000
Ebitda Margins -1.04386
Enterprise To Ebitda -1.088
Enterprise To Revenue 1.136
Enterprise Value 23,856,498
Eps Current Year -0.89
Eps Forward -0.59
Eps Trailing Twelve Months -0.71
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 0.43344
Fifty Day Average Change 0.50986004
Fifty Day Average Change Percent 1.1763105
Fifty Two Week Change Percent -25.307692
Fifty Two Week High 2.38
Fifty Two Week High Change -1.4367001
Fifty Two Week High Change Percent -0.60365546
Fifty Two Week Low 0.27
Fifty Two Week Low Change 0.6733
Fifty Two Week Low Change Percent 2.4937036
Fifty Two Week Range 0.27 - 2.38
Financial Currency USD
First Trade Date Milliseconds 1,619,789,400,000
Float Shares 47,916,735
Forward Eps -0.59
Forward P E -1.5988137
Free Cashflow -12,233,750
Full Exchange Name NasdaqCM
Full Time Employees 39
Fullday Change -0.0275
Fullday Change Percent -2.83271
Fullday Price 0.9251
Gmt Off Set Milliseconds -14,400,000
Gross Margins -0.2469
Gross Profits -5,185,000
Has Pre Post Market Data 1
Held Percent Insiders 0.014040001
Held Percent Institutions 0.29092
Implied Shares Outstanding 48,599,066
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ipo Expected Date 2,021-04-30
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Werewolf Therapeutics, Inc., a biopharmaceutical company, engages in the development of therapeutics engineered to stimulate the body's immune system for the treatment of cancer and other immune-mediated conditions. The company designs conditionally activated molecules that stimulate adaptive and innate immunity for addressing the limitations of conventional proinflammatory immune therapies through its proprietary PREDATOR platform. Its lead product candidates are WTX-124, a conditionally activated Interleukin-2 INDUKINE molecule for the treatment of advanced or metastatic solid tumors; and WTX-330, a conditionally activated Interleukin-12 INDUKINE molecule for the treatment of advanced or metastatic solid tumors and lymphoma. The company is also developing JZP898, a conditionally activated interferon alpha INDUKINE molecule for the treatment of cancer; WTX-921, a conditionally activated IL-10 INDUKINE molecule for the treatment of inflammatory bowel disease and potentially other inflammatory diseases; and WTX-712, an activated Interleukin-21(IL-21) and WTX-518, an activated IL-18 (IL-18) INDUKINE molecule for the treatment of cancer. In addition, it develops WTX-1011, a conditionally activated INDUCER T cell engager molecule that targets STEAP 1 for prostate cancer, as well as WTX-2022 that targets CDH6 for ovarian and kidney cancer. Werewolf Therapeutics, Inc. was incorporated in 2017 and is headquartered in Watertown, Massachusetts.
Long Name Werewolf Therapeutics, Inc.
Market us_market
Market Cap 45,843,496
Market State CLOSED
Max Age 86,400
Message Board Id finmb_560735713
Most Recent Quarter 1,782,777,600
Net Income To Common -34,613,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 47,126,514
Number Of Analyst Opinions 3
Open 0.9747
Operating Cashflow -30,148,000
Operating Margins 0.40652
Payout Ratio 0.0
Phone 617 952 0555
Post Market Change -0.01819998
Post Market Change Percent -1.9293947
Post Market Price 0.9251
Post Market Time 1,787,961,531
Previous Close 0.9708
Price Eps Current Year -1.0598876
Price Hint 4
Price To Book 2.815821
Price To Sales Trailing12 Months 2.1830237
Profit Margins -1.6482401
Quick Ratio 2.796
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.0275
Regular Market Change Percent -2.83271
Regular Market Day High 1.03
Regular Market Day Low 0.93
Regular Market Day Range 0.93 - 1.03
Regular Market Open 0.9747
Regular Market Previous Close 0.9708
Regular Market Price 0.9433
Regular Market Time 1,787,947,201
Regular Market Volume 2,280,861
Return On Assets -0.27387
Return On Equity -1.19859
Revenue Per Share 0.439
Sand P52 Week Change 0.20504117
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 48,599,066
Shares Percent Shares Out 0.022
Shares Short 1,067,589
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 934,340
Short Name Werewolf Therapeutics, Inc.
Short Percent Of Float 0.026600001
Short Ratio 1.72
Source Interval 15
State MA
Symbol HOWL
Target High Price 10.0
Target Low Price 4.0
Target Mean Price 7.0
Target Median Price 7.0
Total Cash 21,987,000
Total Cash Per Share 0.452
Total Debt 0
Total Revenue 21,000,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.71
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 0.65294
Two Hundred Day Average Change 0.29036003
Two Hundred Day Average Change Percent 0.44469637
Type Disp Equity
Volume 2,280,861
Website https://werewolftx.com
Zip 2,472