Baker Bros. Advisors Reduces $6M in Fate Therapeutics, Inc. ($FATE)

Key Points

  • Baker Bros. Advisors changed its Fate Therapeutics, Inc. ($FATE) stake by 100% last quarter, cutting to 0 shares.
  • Wall Street's consensus rating on $FATE is Buy and an average price target of $5.74.
  • $FATE last traded around $2.46.

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Baker Bros. Advisors reduced its position in Fate Therapeutics, Inc. ($FATE), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 0 shares of Fate Therapeutics, Inc. after selling 2,485,018 shares during the quarter.

Fate Therapeutics, Inc. Stock Up 1.4%

Shares of Fate Therapeutics, Inc. ($FATE) traded around $2.46 on Sunday, up 1.4% for the day.

Last price$2.46
Market cap$286.37M
Forward P/E-2.47
Beta2.55
52-week low$0.93
52-week high$3.23
50-day MA$2.60
200-day MA$1.69
Current ratio4.85
Quick ratio4.75
Debt-to-equity0.49

Fate Therapeutics, Inc. Earnings

EPS (ttm)-$1.03
Revenue (ttm)$6.49M
Revenue growth9.20%
Net margin0%
Return on equity-60.75%
Next earningsNov 12, 2026

Analysts Set New Price Targets

ConsensusBuy
Average target$5.74
High target$8
Low target$2.20
Analysts covering9

About Fate Therapeutics, Inc.

Fate Therapeutics, Inc., a clinical-stage biopharmaceutical company, develops programmed cellular immunotherapies for cancer and immune disorders in the United States and internationally. The company's chimeric antigen receptor (CAR)-targeted NK and T-cell product candidates include FT836 which is in preclinical stage for multiple tumor types; and FT522, to treat B-cell Lymphoma and autoimmunity. Its CAR T-cell programs include FT819 to treat systemic lupus erythematosus, FT839, to treat complex autoimmune diseases; and FT825 to treat solid tumors. It has a collaboration and option agreement with Ono Pharmaceutical Co. Ltd. for the development and commercialization of off-the-shelf, iPSC-derived CAR T-cell product candidates for the treatment of solid tumors. The company was incorporated in 2007 and is headquartered in San Diego, California.

ExchangeNasdaqGM
SectorHealthcare
IndustryBiotechnology
HeadquartersSan Diego, CA
CEODr. Bahram Valamehr M.B.A., Ph.D.
Employees161

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