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Werewolf Therapeutics, Inc. (HOWL)

Healthcare | Biotechnology | Watertown, United States | NasdaqGS
0.34 USD -0.06 (-15.261%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 0.34

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 3:35 a.m. EDT

The investment case for Werewolf Therapeutics is currently broken by a catastrophic multi-year decline and a complete lack of financial viability. The stock has erased over 92% of its value since 2021, with four consecutive years of negative annual returns, signaling a deep structural deterioration in the business. Fundamentally, the company is burning cash aggressively with negative free cash flow and a massive debt load relative to its tiny market cap, while offering zero dividend income. The technical picture is equally grim, trading well below its 50-day and 200-day moving averages. While analysts have issued a 'strong buy' rating with a $7 target, this appears to be a theoretical valuation based on potential future success rather than current reality, as the stock lacks the revenue growth or profitability to support such a premium. Options activity confirms this pessimism, with traders buying deep out-of-the-money puts to bet on further collapse rather than calling for a recovery. Until there is concrete evidence of a clinical trial breakthrough or a successful capital raise to address the burn rate, this remains a high-risk speculative vehicle with no margin of safety.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.463880
AutoETS0.482537
AutoTheta0.484358
AutoARIMA0.501819

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 32%
H-stat 5.54
Ljung-Box p 0.000
Jarque-Bera p 0.081
Excess Kurtosis -0.44
Attribute Value
Sector Healthcare
Debt to Equity Ratio 308.564
Market Cap 16,595,813
Forward P/E -0.34
Beta 0.30
Website https://werewolftx.com

As of July 11, 2026, 3:35 a.m. EDT: Speculators are overwhelmingly positioning for downside protection rather than upside participation. Call volume is negligible across all expirations, while put activity is concentrated in the nearest expiration (July 17) with significant open interest at strikes far above the current price ($5.00 and $7.50). This heavy out-of-the-money put positioning suggests a strong expectation of a further decline or a 'double the money' scenario, indicating that the market views the current price as highly vulnerable.


Info Dump

Attribute Value
52 Week Change -0.6875969
Address1 200 Talcott Ave
Address2 2nd Floor
All Time High 23.99
All Time Low 0.27
Ask 0.4357
Ask Size 2
Average Analyst Rating 1.0 - Strong Buy
Average Daily Volume10 Day 1,100,480
Average Daily Volume3 Month 660,050
Average Volume 660,050
Average Volume10Days 1,100,480
Beta 0.298
Bid 0.2841
Bid Size 2
Book Value 0.251
City Watertown
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 0.3415
Current Ratio 1.265
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 0.419
Day Low 0.3343
Debt To Equity 308.564
Display Name Werewolf Therapeutics
Earnings Timestamp 1,778,184,000
Earnings Timestamp End 1,778,184,000
Earnings Timestamp Start 1,778,184,000
Ebitda -50,046,000
Ebitda Margins 0.0
Enterprise To Ebitda -0.156
Enterprise Value 7,796,813
Eps Current Year -1.27
Eps Forward -0.99
Eps Trailing Twelve Months -1.21
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 0.45734
Fifty Day Average Change -0.11583999
Fifty Day Average Change Percent -0.25329074
Fifty Two Week Change Percent -68.75969
Fifty Two Week High 2.38
Fifty Two Week High Change -2.0385
Fifty Two Week High Change Percent -0.8565126
Fifty Two Week Low 0.27
Fifty Two Week Low Change 0.0715
Fifty Two Week Low Change Percent 0.26481482
Fifty Two Week Range 0.27 - 2.38
Financial Currency USD
First Trade Date Milliseconds 1,619,789,400,000
Float Shares 47,914,518
Forward Eps -0.99
Forward P E -0.3449495
Free Cashflow -30,912,376
Full Exchange Name NasdaqGS
Full Time Employees 14
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Gross Profits -33,911,000
Has Pre Post Market Data 1
Held Percent Insiders 0.056149997
Held Percent Institutions 0.26709998
Implied Shares Outstanding 48,596,817
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ipo Expected Date 2,021-04-30
Is Earnings Date Estimate 0
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 16,595,813
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_560735713
Most Recent Quarter 1,774,915,200
Net Income To Common -56,265,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 19,589,376
Number Of Analyst Opinions 1
Open 0.41
Operating Cashflow -51,941,000
Operating Margins 0.0
Payout Ratio 0.0
Phone 617 952 0555
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 0.3415
Post Market Time 1,783,986,801
Previous Close 0.403
Price Eps Current Year -0.26889765
Price Hint 4
Price To Book 1.3605579
Profit Margins 0.0
Quick Ratio 1.206
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.0
Region US
Regular Market Change -0.0615
Regular Market Change Percent -15.2605
Regular Market Day High 0.419
Regular Market Day Low 0.3343
Regular Market Day Range 0.3343 - 0.419
Regular Market Open 0.41
Regular Market Previous Close 0.403
Regular Market Price 0.3415
Regular Market Time 1,783,972,801
Regular Market Volume 1,047,021
Return On Assets -0.39069
Return On Equity -1.6189301
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 48,596,817
Shares Percent Shares Out 0.0174
Shares Short 847,096
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 949,598
Short Name Werewolf Therapeutics, Inc.
Short Percent Of Float 0.0211
Short Ratio 1.06
Source Interval 15
State MA
Symbol HOWL
Target High Price 7.0
Target Low Price 7.0
Target Mean Price 7.0
Target Median Price 7.0
Total Cash 46,450,000
Total Cash Per Share 0.956
Total Debt 37,651,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.21
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 0.859935
Two Hundred Day Average Change -0.518435
Two Hundred Day Average Change Percent -0.60287696
Type Disp Equity
Volume 1,047,021
Website https://werewolftx.com
Zip 2,472