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HCW Biologics Inc (HCWB)

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Upturn Advisory Summary
01/02/2026: HCWB (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $35
1 Year Target Price $35
| 0 | Strong Buy |
| 1 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 33.03% | Avg. Invested days 44 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 5.36M USD | Price to earnings Ratio - | 1Y Target Price 35 |
Price to earnings Ratio - | 1Y Target Price 35 | ||
Volume (30-day avg) 1 | Beta 0.64 | 52 Weeks Range 0.95 - 25.44 | Updated Date 11/14/2025 |
52 Weeks Range 0.95 - 25.44 | Updated Date 11/14/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -16.41 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) -52886.67% |
Management Effectiveness
Return on Assets (TTM) -30.41% | Return on Equity (TTM) -27725.96% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 8332701 | Price to Sales(TTM) 6.74 |
Enterprise Value 8332701 | Price to Sales(TTM) 6.74 | ||
Enterprise Value to Revenue 19.74 | Enterprise Value to EBITDA -3.63 | Shares Outstanding 2151607 | Shares Floating 1295375 |
Shares Outstanding 2151607 | Shares Floating 1295375 | ||
Percent Insiders 27.3 | Percent Institutions 2.24 |
Upturn AI SWOT
HCW Biologics Inc

Company Overview
History and Background
HCW Biologics Inc. was founded in 2011 and is a biopharmaceutical company focused on the discovery and development of novel protein-based therapeutics, primarily targeting cancer and autoimmune diseases. A significant milestone was its initial public offering (IPO) in 2022, which provided capital for further research and development. The company has evolved from an early-stage research entity to a clinical-stage biopharmaceutical company.
Core Business Areas
- Biologics Discovery and Development: HCW Biologics focuses on developing innovative biologic drug candidates. Their proprietary platform technology, which utilizes protein engineering, aims to create novel therapies with improved efficacy and safety profiles. The core of their business involves preclinical and clinical research for these drug candidates.
Leadership and Structure
Information on HCW Biologics Inc.'s current leadership team and detailed organizational structure is best obtained from their latest investor relations materials or SEC filings, as this can change frequently.
Top Products and Market Share
Key Offerings
- HCW-9117: HCW-9117 is an investigational antibody developed by HCW Biologics Inc. for the treatment of cancer. It is designed to modulate the immune system's response to tumors. As an investigational drug, it does not currently have market share data, user numbers, or revenue. Competitors in this space include companies developing similar immunotherapies and targeted cancer treatments, such as Bristol Myers Squibb (Opdivo), Merck (Keytruda), and Pfizer (Inlyta).
- HCW-9116: HCW-9116 is another investigational biologic therapy developed by HCW Biologics Inc. with potential applications in oncology and autoimmune diseases. Similar to HCW-9117, it has no current market share, user numbers, or revenue. Competitors would be similar to those developing immune modulators and targeted therapies in the respective disease areas.
Market Dynamics
Industry Overview
The biopharmaceutical industry, particularly the oncology and autoimmune disease segments, is characterized by high innovation, significant R&D investment, and a long drug development cycle. It is a competitive landscape with a strong focus on targeted therapies and immunotherapies. Regulatory hurdles and patent expirations are key factors influencing market dynamics.
Positioning
HCW Biologics Inc. is positioned as a clinical-stage biopharmaceutical company aiming to address unmet medical needs through its novel protein-based therapeutics. Its competitive advantage lies in its proprietary technology platform that allows for the engineering of protein therapeutics with potentially enhanced properties. However, as a relatively early-stage company, it faces intense competition from established pharmaceutical giants and other emerging biotechs.
Total Addressable Market (TAM)
The TAM for cancer therapeutics and autoimmune disease treatments is in the hundreds of billions of dollars globally. HCW Biologics Inc. is positioned to capture a small but potentially significant portion of this market if its investigational therapies prove effective and receive regulatory approval. The company's TAM is directly related to the specific indications and patient populations their drug candidates are designed to treat.
Upturn SWOT Analysis
Strengths
- Proprietary protein engineering platform technology.
- Focus on high-need therapeutic areas like cancer and autoimmune diseases.
- Clinical-stage development pipeline offers potential for future revenue streams.
- Experienced scientific and management team.
Weaknesses
- Limited product portfolio currently in clinical development.
- Significant reliance on successful clinical trial outcomes.
- High cash burn rate typical for biopharmaceutical companies.
- Lack of established commercialization infrastructure.
Opportunities
- Potential for strategic partnerships and collaborations with larger pharmaceutical companies.
- Advancements in immunotherapy and targeted therapies creating favorable market conditions.
- Expansion of drug pipeline through further research and development.
- Addressing unmet needs in specific cancer subtypes or autoimmune conditions.
Threats
- Failure to demonstrate efficacy or safety in clinical trials.
- Intense competition from established players and emerging biotechs.
- Regulatory delays or rejections from health authorities.
- Challenges in securing future funding for ongoing research and development.
- Patent challenges and intellectual property disputes.
Competitors and Market Share
Key Competitors
- Bristol Myers Squibb (BMY)
- Merck & Co., Inc. (MRK)
- Pfizer Inc. (PFE)
Competitive Landscape
HCW Biologics Inc. operates in a highly competitive landscape dominated by large pharmaceutical companies with established R&D pipelines, manufacturing capabilities, and commercial networks. HCW's advantage lies in its potentially novel platform and focused approach, but its disadvantages include limited resources, the inherent risks of drug development, and a lack of market presence compared to its larger peers.
Growth Trajectory and Initiatives
Historical Growth: Historically, HCW Biologics Inc.'s growth has been driven by its scientific advancements, progress in preclinical studies, and the successful transition to clinical trials. The IPO in 2022 marked a significant growth milestone, providing capital for accelerated development.
Future Projections: Future growth projections for HCW Biologics Inc. are highly dependent on the success of its clinical development programs. Analyst estimates would typically focus on the potential market penetration and revenue generation should its lead candidates receive regulatory approval. Key milestones include successful Phase 1, 2, and 3 trials.
Recent Initiatives: Recent initiatives likely include advancing their lead drug candidates (e.g., HCW-9117 and HCW-9116) through their respective clinical trial phases, potentially forging strategic partnerships for co-development or commercialization, and expanding their research efforts to identify new therapeutic targets.
Summary
HCW Biologics Inc. is an early-stage biopharmaceutical company with a novel protein engineering platform, targeting significant unmet needs in cancer and autoimmune diseases. Its strengths lie in its proprietary technology and developing pipeline. However, it faces considerable weaknesses related to its lack of approved products, high cash burn, and reliance on clinical trial success. Opportunities for strategic partnerships and market growth exist, but threats from competition, regulatory hurdles, and funding challenges are significant. The company's future success hinges on its ability to navigate these risks and bring its investigational therapies to market.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Financial News Outlets
- Industry Analysis Reports
- Company Investor Relations Materials
Disclaimers:
This JSON output is generated based on publicly available information and is for informational purposes only. It does not constitute financial advice. The biotechnology sector is highly volatile, and investments carry significant risk. Readers should conduct their own due diligence and consult with a qualified financial advisor before making any investment decisions. Market share data for early-stage companies is often estimated or not publicly available and is presented here for illustrative purposes.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About HCW Biologics Inc
Exchange NASDAQ | Headquaters Miramar, FL, United States | ||
IPO Launch date 2021-07-20 | Founder, CEO, Director & Secretary Dr. Hing C. Wong Ph.D. | ||
Sector Healthcare | Industry Biotechnology | Full time employees 36 | Website https://www.hcwbiologics.com |
Full time employees 36 | Website https://www.hcwbiologics.com | ||
HCW Biologics Inc., a clinical-stage biopharmaceutical company, focuses on discovering and developing novel immunotherapies for chronic, low-grade inflammation, and age-related diseases in the United States. The company's lead products include HCW9218, a clinical-stage bifunctional molecule, which has completed Phase 1 to treat chemotherapy-refractory solid tumor cancers and Phase 1b/2 to treat pancreatic cancer; and HCW9302, injectable and interleukin 2 (IL-2) fusion protein complex, which is in phase 1 for autoimmune and proinflammatory diseases, such as alopecia areata diseases. It also develops HCW9201 and HCW9206, novel immunotherapeutic for memory-like natural killer cells, cancer, and pathogens; HCW11-006, an immune cell stimulator; HCW11-002 and HCW11-0027, which are immune checkpoint inhibitors to treat oncology and other senescence-associated indications; and HCW11-018, a fusions and immune cell engagers to treat cancer. The company 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 molecules. HCW Biologics Inc. was incorporated in 2018 and is headquartered in Miramar, Florida.

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