Latigo Biotherapeutics (LTGO)


Market Price (11/5/2026): $14.0 | Market Cap: $928.2 MilSector: Health Care | Industry: Biotechnology

Latigo Biotherapeutics (LTGO)


Market Price (11/5/2026): $14.0
Market Cap: $928.2 Mil
Sector: Health Care
Industry: Biotechnology

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

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Megatrend and thematic drivers
Megatrends include Biotechnology & Genomics, and Precision Medicine. Themes include Biopharmaceutical R&D, Targeted Therapies, Show more.

Weak multi-year price returns
2Y Excs Rtn is -53%, 3Y Excs Rtn is -105%

Very low revenue
Rev LTMTotal Revenue or Sales, Last Twelve Months is 0

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -97 Mil

Key risks
LTGO key risks include [1] its dependence on successful clinical trial outcomes and regulatory approval for its lead candidates, Show more.

0 Megatrend and thematic drivers
Megatrends include Biotechnology & Genomics, and Precision Medicine. Themes include Biopharmaceutical R&D, Targeted Therapies, Show more.
1 Weak multi-year price returns
2Y Excs Rtn is -53%, 3Y Excs Rtn is -105%
2 Very low revenue
Rev LTMTotal Revenue or Sales, Last Twelve Months is 0
3 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -97 Mil
4 Key risks
LTGO key risks include [1] its dependence on successful clinical trial outcomes and regulatory approval for its lead candidates, Show more.

LTGO in ETFs

Weight = LTGO's share of each fund

VTI0.00%
SCHA0.01%
VTWO0.00%
SCHB0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 11/1/2026

Latigo Biotherapeutics (LTGO) stock has lost about 25% since it went public on 8/7/2026 because of the following key factors:

1. Pre-Revenue Status and Lack of Near-Term Clinical Catalysts.

Latigo Biotherapeutics is a clinical-stage company that does not generate product revenue, reinforcing its pre-revenue profile. The company reported a net loss of $25.8 million for its fiscal Q2 2026 (ended June 30, 2026) and a net loss of $48.8 million for the six months ending June 30, 2026. Investors reassessed the company's valuation as no significant near-term clinical readouts are expected until the second half of 2027, with Phase 3 acute pain trial data for LTG-001 (onzotrigine) and Phase 2 osteoarthritis trial data for LTG-321 anticipated then.

2. Post-IPO Volatility and Investor Reassessment.

Following its IPO at $18 per share on August 7, 2026, and an initial surge to an intraday high around $25.90 in late August, Latigo Biotherapeutics experienced significant post-IPO volatility and thinning trading volume. The stock's subsequent decline, which resulted in a roughly 25% loss from its first-day close of $18.25 by late October 2026, suggests a broader investor reassessment of its valuation given the pre-revenue stage and the timeline for its clinical pipeline.

Show more
Updated on 11/1/2026

Latigo Biotherapeutics (LTGO) stock has lost about 25% since it went public on 8/7/2026 because of the following key factors:

1. Pre-Revenue Status and Lack of Near-Term Clinical Catalysts.

Latigo Biotherapeutics is a clinical-stage company that does not generate product revenue, reinforcing its pre-revenue profile. The company reported a net loss of $25.8 million for its fiscal Q2 2026 (ended June 30, 2026) and a net loss of $48.8 million for the six months ending June 30, 2026. Investors reassessed the company's valuation as no significant near-term clinical readouts are expected until the second half of 2027, with Phase 3 acute pain trial data for LTG-001 (onzotrigine) and Phase 2 osteoarthritis trial data for LTG-321 anticipated then.

2. Post-IPO Volatility and Investor Reassessment.

Following its IPO at $18 per share on August 7, 2026, and an initial surge to an intraday high around $25.90 in late August, Latigo Biotherapeutics experienced significant post-IPO volatility and thinning trading volume. The stock's subsequent decline, which resulted in a roughly 25% loss from its first-day close of $18.25 by late October 2026, suggests a broader investor reassessment of its valuation given the pre-revenue stage and the timeline for its clinical pipeline.

3. Broader Macroeconomic Headwinds in the Biotechnology Sector.

The decline in Latigo Biotherapeutics' stock also occurred amid a challenging macroeconomic environment characterized by "higher-for-longer interest rates" and a "cautious risk appetite" prevalent across the biotechnology sector. These broader market conditions contributed to investors adopting a more conservative stance, impacting valuations for pre-revenue biotech companies like Latigo Biotherapeutics.

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Stock Movement Drivers

Fundamental Drivers

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Market Drivers

7/31/2026 to 11/4/2026
ReturnCorrelation
LTGO  
Market (SPY)2.6%34.4%
Sector (XLV)16.7%9.4%

Fundamental Drivers

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Market Drivers

4/30/2026 to 11/4/2026
ReturnCorrelation
LTGO  
Market (SPY)7.0%34.4%
Sector (XLV)30.5%9.4%

Fundamental Drivers

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Market Drivers

10/31/2025 to 11/4/2026
ReturnCorrelation
LTGO  
Market (SPY)13.4%34.4%
Sector (XLV)33.2%9.4%

Fundamental Drivers

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Market Drivers

10/31/2023 to 11/4/2026
ReturnCorrelation
LTGO  
Market (SPY)89.7%34.4%
Sector (XLV)59.5%9.4%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
LTGO Return------23%-23%
Peers Return24%1%20%66%88%9%414%
S&P 500 Return27%-19%24%23%16%11%102%

Monthly Win Rates [3]
LTGO Win Rate-----50% 
Peers Win Rate46%58%54%52%65%55% 
S&P 500 Win Rate75%42%67%75%67%36% 

Max Drawdowns [4]
LTGO Max Drawdown------ 
Peers Max Drawdown-38%-38%-36%-29%-40%-32% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: VRTX, LLY, XENE, PRAX.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 11/4/2026 (YTD)

How Low Can It Go

LTGO has limited trading history. Below is the Health Care sector ETF (XLV) in its place.

EventXLVS&P 500
2025 US Tariff Shock
  % Loss-11.7%-18.8%
  % Gain to Breakeven13.3%23.1%
  Time to Breakeven142 days79 days
2022 Inflation Shock & Fed Tightening
  % Loss-13.8%-24.5%
  % Gain to Breakeven15.9%32.4%
  Time to Breakeven166 days427 days
2020 COVID-19 Crash
  % Loss-27.9%-33.7%
  % Gain to Breakeven38.8%50.9%
  Time to Breakeven77 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-15.0%-19.2%
  % Gain to Breakeven17.6%23.8%
  Time to Breakeven191 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-15.9%-12.2%
  % Gain to Breakeven18.9%13.9%
  Time to Breakeven165 days62 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-15.8%-17.9%
  % Gain to Breakeven18.8%21.8%
  Time to Breakeven153 days123 days

Compare to VRTX, LLY, XENE, PRAX

In The Past

State Street Health Care Select Sector SPDR ETF's stock fell -11.7% during the 2025 US Tariff Shock. Such a loss loss requires a 13.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

LTGO has limited trading history. Below is the Health Care sector ETF (XLV) in its place.

EventXLVS&P 500
2020 COVID-19 Crash
  % Loss-27.9%-33.7%
  % Gain to Breakeven38.8%50.9%
  Time to Breakeven77 days140 days
2008-2009 Global Financial Crisis
  % Loss-37.9%-53.4%
  % Gain to Breakeven61.1%114.4%
  Time to Breakeven767 days1085 days

Compare to VRTX, LLY, XENE, PRAX

In The Past

State Street Health Care Select Sector SPDR ETF's stock fell -11.7% during the 2025 US Tariff Shock. Such a loss loss requires a 13.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Latigo Biotherapeutics (LTGO)

Latigo Biotherapeutics (LTGO) is a clinical-stage biopharmaceutical company dedicated to developing innovative non-opioid pain medicines. The company aims to provide rapid and effective pain relief without the risk of addiction, addressing a critical public health crisis stemming from the widespread reliance on opioids for pain management. Latigo's strategic focus is on the large and pervasive pain market, encompassing both acute and chronic settings, with initial efforts concentrated on musculoskeletal pain where significant unmet needs exist.

The company's most advanced product candidates, LTG-001 and LTG-321, are oral Nav1.8 inhibitors designed to block pain transmission. LTG-001, their lead candidate, is in development for moderate to severe acute pain, including postoperative pain. It recently demonstrated positive Phase 3 results in an abdominoplasty trial, meeting its primary and key secondary endpoints with high statistical significance, including achieving approximately 50% greater analgesic effect than the opioid comparator Vicodin, rapid onset of relief, and significant opioid-sparing effects. Latigo plans to initiate a pivotal Phase 3 bunionectomy trial and an open-label safety trial in the second half of 2026 to support an FDA New Drug Application, and is also exploring an intravenous formulation for hospital use.

Beyond acute pain, LTG-321 is being developed for chronic musculoskeletal pain, beginning with osteoarthritis. This next-generation Nav1.8 inhibitor is designed for potential once-daily dosing and is currently in a Phase 2 proof-of-concept trial, with topline results expected in the second half of 2027. Latigo's earlier-stage pipeline includes LTG-418, another Nav1.8 inhibitor predicted to enable a lower dose and various alternative formulations such as gels and patches. The company also plans to explore other ion channel targets to build a broad pipeline of pain therapeutics, aiming to provide comprehensive and differentiated solutions for diverse pain etiologies.

AI Analysis | Feedback

Here are 1-3 brief analogies to describe Latigo Biotherapeutics:

Latigo Biotherapeutics is like Beyond Meat for pain relief, developing innovative, non-addictive alternatives to replace the problematic reliance on opioids.

Latigo Biotherapeutics is like Tesla for pain management, building a pipeline of advanced, non-addictive solutions to replace the outdated and problematic (opioid-reliant) standard of care.

AI Analysis | Feedback

  • LTG-001: An oral Nav1.8 inhibitor currently in Phase 3 development for fast-acting, opioid-sparing relief of moderate to severe acute pain, including postoperative pain, and also being advanced as an intravenous (IV) formulation.
  • LTG-321: A next-generation oral Nav1.8 inhibitor in Phase 2 for chronic musculoskeletal pain, with initial development focused on osteoarthritis (OA).
  • LTG-418: An earlier-stage, next-generation Nav1.8 inhibitor predicted to have a lower dose, enabling a broader range of formulations and routes of administration for acute and chronic pain.
  • Additional Ion Channel Modulators: Candidates in discovery targeting other ion channels involved in peripheral pain transmission, offering complementary mechanisms to Nav1.8 inhibition.

AI Analysis | Feedback

Latigo Biotherapeutics (LTGO) is a clinical-stage biopharmaceutical company focused on developing innovative non-opioid pain medicines. As a company in the development phase, with its lead product candidates (LTG-001, LTG-321, LTG-418) still undergoing clinical trials and seeking regulatory approval, Latigo Biotherapeutics does not currently have commercialized products on the market.

Therefore, Latigo Biotherapeutics does not have major customers in the traditional sense of selling products or services to other companies or individuals at this time. Its primary activities revolve around research, development, and clinical trials aimed at bringing its drug candidates to market in the future.

AI Analysis | Feedback

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AI Analysis | Feedback

Nima Farzan Chief Executive Officer

Nima Farzan was appointed CEO in July 2024. He brings over two decades of leadership experience in the biopharmaceutical industry. Previously, he served as CEO of Kinnate Biopharma Inc., which was acquired by Xoma Corp. During his tenure at Kinnate, which he joined in 2020, he built the organization and advanced three precision oncology compounds into clinical development. Latigo Biotherapeutics itself was incubated by Westlake Village BioPartners, which also led its Series A financing, alongside co-leads 5AM Ventures and Foresite Capital.

Neha Krishnamohan Chief Financial Officer and Chief Business Officer

Neha Krishnamohan was appointed CFO and CBO in March 2026. She has more than 15 years of experience in healthcare investment banking, corporate finance, and strategic leadership. Prior to Latigo, Ms. Krishnamohan was CFO and Executive Vice President of Corporate Development at Artiva Biotherapeutics, Inc., where she oversaw financial operations, business development, and investor relations, including the company's transition to a public company and a $179 million initial public offering. Before Artiva, she held the same roles at Kinnate Biopharma, where she played a key role in the company's strategic alternatives, leading to an asset sale to Pierre Fabre Laboratories and the sale of Kinnate to XOMA Corporation. She also previously worked as a Vice President in the Healthcare Investment Banking Group and Mergers and Acquisitions Group at Goldman Sachs.

Neil Singla, M.D. Chief Medical Officer

Neil Singla is the chief medical officer of Latigo Biotherapeutics. He is also the founder and former chief executive officer of Lotus Clinical Research.

Julia Chapman Senior Vice President, Operations

Julia Chapman serves as the Senior Vice President of Operations at Latigo Biotherapeutics. She possesses over 15 years of experience in public and private biopharmaceutical companies, with expertise in advancing complex therapeutic programs from discovery to commercialization. Her prior leadership roles include positions in corporate strategy, program management, and business development at companies such as Novartis, BridgeBio, Verve, and Precision Biosciences. She has managed strategic planning for major franchises and pipelines and supported significant partnerships.

Bryan Moyer, Ph. D. Senior Vice President, Discovery

Bryan Moyer is the Senior Vice President, Discovery at Latigo Biotherapeutics.

AI Analysis | Feedback

  1. Clinical Trial Failure and Regulatory Approval Risk: Latigo Biotherapeutics is a clinical-stage company whose success is heavily dependent on the successful completion of its ongoing and planned clinical trials and subsequent regulatory approvals. The company plans to initiate a placebo-controlled Phase 3 trial for LTG-001 in bunionectomy and an open-label Phase 3 safety trial in the second half of 2026, with topline results expected in the second half of 2027. Similarly, its next-generation candidate, LTG-321, is currently in a Phase 2 proof-of-concept trial with topline results also expected in the second half of 2027. Failure to meet primary or key secondary endpoints in these trials, encountering unforeseen safety or tolerability issues, or experiencing delays in regulatory review or approval would significantly jeopardize the development and commercialization of its product candidates, thereby posing a substantial risk to the business.
  2. Competition and Market Differentiation Risk: The pain management market is highly competitive, and a direct competitor, suzetrigine (Journavx), a first-in-class Nav1.8 inhibitor, received FDA approval in January 2025. While this approval provides a regulatory precedent for the therapeutic class, it also establishes an entrenched competitor. Although Latigo Biotherapeutics believes suzetrigine is limited by efficacy, slow onset, and contraindications, Latigo's product candidates, LTG-001 and LTG-321, must demonstrate clear and compelling advantages in terms of efficacy, speed of onset, safety, or tolerability to capture significant market share. If Latigo's products are not perceived as sufficiently differentiated or superior to Journavx or other existing pain treatments, including opioids and NSAIDs, their commercial uptake and overall market success could be severely limited.

AI Analysis | Feedback

The FDA approval and market launch of suzetrigine (Journavx), the first-in-class Nav1.8 inhibitor, poses a clear emerging threat. As an already approved non-opioid, non-addictive selective pain signal inhibitor for Nav1.8, suzetrigine directly competes with Latigo Biotherapeutics' pipeline by establishing a first-mover advantage in their shared therapeutic mechanism and target market, despite LTGO's view of its limitations.

AI Analysis | Feedback

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Latigo Biotherapeutics (LTGO) targets significant addressable markets in the United States for its pain therapeutics:

  • For acute musculoskeletal pain, the market encompasses approximately 80 million adults who received prescriptions in 2022.
  • For chronic musculoskeletal pain, including conditions like osteoarthritis (OA) and Chronic Lower Back Pain, more than 60 million Americans were affected in 2023.
  • For peripheral neuropathic pain, approximately 10 million patients were prescribed medicine in 2022.
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AI Analysis | Feedback

Latigo Biotherapeutics (LTGO) anticipates several key drivers for future revenue growth over the next two to three years, primarily stemming from the advancement and potential commercialization of its pipeline of non-opioid pain medicines:

  1. Potential FDA Approval and Commercialization of LTG-001 for Acute Pain: The company's lead product candidate, LTG-001, an oral Nav1.8 inhibitor, is in advanced clinical development for moderate to severe acute pain, including postoperative pain. Following positive data from an abdominoplasty trial, Latigo plans to initiate a Phase 3 bunionectomy trial and an open-label Phase 3 safety trial in the second half of 2026, with topline results expected in the second half of 2027. Successful completion of these trials and subsequent regulatory approval would position LTG-001 to address a significant unmet need in a high-volume market currently dominated by opioids.
  2. Expansion of LTG-001 into Intravenous (IV) Formulation: Beyond oral dosing, LTG-001 is being developed as a potential intravenous formulation. This IV option would support its use in hospital settings and facilitate a seamless transition from inpatient postoperative care to outpatient pain management, thereby expanding the addressable market and utility of the lead candidate.
  3. Advancement of LTG-321 for Chronic Musculoskeletal Pain: LTG-321, a next-generation Nav1.8 inhibitor, is being developed for chronic musculoskeletal pain, starting with osteoarthritis (OA). The company has initiated a Phase 2 proof-of-concept trial in patients with OA of the knee, with topline results anticipated in the second half of 2027. Positive outcomes from this trial would validate LTG-321's potential in the chronic pain market, representing a significant new product opportunity.
  4. Progression of Earlier-Stage Pipeline Candidates: Latigo is also advancing LTG-418, another next-generation Nav1.8 inhibitor predicted to have a substantially lower effective dose, potentially enabling diverse formulations like gels, patches, and injectables. Additionally, the company is engaged in the discovery of other ion channel modulators for various pain etiologies, including neuropathic pain. Progress in these earlier-stage programs will diversify Latigo's pipeline and offer multiple avenues for long-term revenue generation.

AI Analysis | Feedback

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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

LTGOVRTXLLYXENEPRAXMedian
NameLatigo B.Vertex P.Eli LillyXenon Ph.Praxis P. 
Mkt Price14.00550.001,432.7539.00285.08285.08
Mkt Cap-139.41,277.93.98.373.9
Rev LTM012,95286,462000
Op Inc LTM-974,28844,315-442-378-97
FCF LTM-913,20211,689-339-306-91
FCF 3Y Avg-1,7295,283-245-198766
CFO LTM-913,69530,645-338-305-91
CFO 3Y Avg-2,19017,580-243-197996

Growth & Margins

LTGOVRTXLLYXENEPRAXMedian
NameLatigo B.Vertex P.Eli LillyXenon Ph.Praxis P. 
Rev Chg LTM-10.5%45.5%-100.0%-100.0%-44.8%
Rev Chg 3Y Avg-10.3%39.4%-86.5%39.4%
Rev Chg Q-11.8%38.6%--25.2%
QoQ Delta Rev Chg LTM-2.9%8.5%--5.7%
Op Inc Chg LTM-4,760.7%67.9%-38.8%-39.2%14.6%
Op Inc Chg 3Y Avg-1,548.2%68.3%-33.5%-42.5%17.4%
Op Mgn LTM-33.1%51.3%--42.2%
Op Mgn 3Y Avg-22.4%43.7%--33.0%
QoQ Delta Op Mgn LTM--4.8%1.5%---1.7%
CFO/Rev LTM-28.5%35.4%--32.0%
CFO/Rev 3Y Avg-17.4%25.7%--21.6%
FCF/Rev LTM-24.7%13.5%--19.1%
FCF/Rev 3Y Avg-13.5%6.3%--9.9%

Valuation

LTGOVRTXLLYXENEPRAXMedian
NameLatigo B.Vertex P.Eli LillyXenon Ph.Praxis P. 
Mkt Cap-139.41,277.93.98.373.9
P/S-10.814.8--12.8
P/Op Inc-32.528.8-8.8-22.010.0
P/EBIT-30.628.8-8.8-22.010.0
P/E-35.146.3-9.5-24.512.8
P/CFO-37.741.7-11.5-27.213.1
Total Yield-2.9%2.7%-10.5%-4.1%-0.7%
Dividend Yield-0.0%0.5%0.0%0.0%0.0%
FCF Yield 3Y Avg-1.5%0.6%-6.8%-12.2%-3.1%
D/E-0.00.00.00.00.0
Net D/E-0.00.0-0.2-0.1-0.0

Returns

LTGOVRTXLLYXENEPRAXMedian
NameLatigo B.Vertex P.Eli LillyXenon Ph.Praxis P. 
1M Rtn-15.8%9.2%25.3%3.8%0.5%3.8%
3M Rtn-23.3%13.4%22.6%-39.3%-10.7%-10.7%
6M Rtn-23.3%28.6%45.6%-33.4%-15.7%-15.7%
12M Rtn-23.3%30.4%59.0%-0.2%66.0%30.4%
3Y Rtn-23.3%46.2%157.6%18.6%1,596.9%46.2%
1M Excs Rtn-10.7%12.7%27.0%9.8%5.0%9.8%
3M Excs Rtn-21.5%15.5%22.2%-37.8%-21.2%-21.2%
6M Excs Rtn-26.0%25.8%42.8%-36.2%-18.4%-18.4%
12M Excs Rtn-33.7%18.6%50.2%-15.6%46.2%18.6%
3Y Excs Rtn-104.7%-27.9%76.0%-57.4%1,690.7%-27.9%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024
Single Segment00
Total00


Net Income by Segment
$ Mil20252024
Single Segment-109-61
Total-109-61


Price Behavior

Price Behavior
Market Price$14.04 
First Trading Date08/07/2026 
Distance from 52W High-43.8% 
   50 Days200 Days
DMA Price$18.42 
DMA Trend  
Distance from DMA-23.8% 
 3M1YR
Volatility76.4%76.4%
Downside Capture442.50 
Upside Capture  
Correlation (S&P 500)  
LTGO Betas & Captures as of 10/31/2026

 1M2M3M6M1Y3Y
Beta5.182.820.22-1.770.91-0.03
Up Beta-5.55-4.09-2.312.110.240.21
Down Beta3.572.44-0.660.030.071.29
Up Capture601%273%406%159%61%5%
Bmk +ve Days12182862130427
Stock +ve Days102131313131
Down Capture589%432%374%192%112%65%
Bmk -ve Days10253664121325
Stock -ve Days122228282828

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LTGO
LTGO-23.1%76.4%-1.07-
Sector ETF (XLV)33.1%16.7%1.539.4%
Equity (SPY)13.2%12.9%0.6834.4%
Gold (GLD)1.0%28.8%0.0320.7%
Commodities (DBC)35.9%21.2%1.34-6.8%
Real Estate (VNQ)14.3%14.1%0.7016.6%
Bitcoin (BTCUSD)-28.2%43.4%-0.6521.1%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LTGO
LTGO-5.1%76.4%-1.07-
Sector ETF (XLV)9.3%15.3%0.409.4%
Equity (SPY)12.5%17.2%0.5534.4%
Gold (GLD)17.3%19.1%0.7320.7%
Commodities (DBC)8.0%19.6%0.29-6.8%
Real Estate (VNQ)1.8%18.9%-0.0116.6%
Bitcoin (BTCUSD)5.5%51.5%0.2921.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LTGO
LTGO-2.6%76.4%-1.07-
Sector ETF (XLV)12.5%16.8%0.619.4%
Equity (SPY)15.4%18.0%0.7334.4%
Gold (GLD)11.9%16.5%0.5920.7%
Commodities (DBC)7.4%18.1%0.33-6.8%
Real Estate (VNQ)5.7%20.7%0.2316.6%
Bitcoin (BTCUSD)61.0%66.2%1.0121.1%

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Short Interest

Short Interest: As Of Date10152026
Short Interest: Shares Quantity0.8 Mil
Short Interest: % Change Since 9302026-5.6%
Average Daily Volume0.3 Mil
Days-to-Cover Short Interest2.5 days
Basic Shares Quantity60.2 Mil
Short % of Basic Shares1.3%

Earnings Returns History

Updated 11/5/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
9/3/20262.5%-1.5%-26.0%
SUMMARY STATS   
# Positive100
# Negative011
Median Positive2.5%  
Median Negative -1.5%-26.0%
Max Positive2.5%  
Max Negative -1.5%-26.0%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
9/3/20262.5%-1.5%-26.0%
SUMMARY STATS   
# Positive100
# Negative011
Median Positive2.5%  
Median Negative -1.5%-26.0%
Max Positive2.5%  
Max Negative -1.5%-26.0%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202609/03/202610-Q
03/31/202608/07/2026424B4
Collapse to Preview
Report DateFiling DateFiling
06/30/202609/03/202610-Q
03/31/202608/07/2026424B4

Insider Activity

Updated 8/12/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Foresite, Capital Management V, LlcSee FootnoteBuy810202618.00140,0002,520,00036,144,432Form
2Tananbaum, James BSee footnoteBuy810202618.00140,0002,520,00036,144,432Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Foresite, Capital Management V, LlcSee FootnoteBuy810202618.00140,0002,520,00036,144,432Form
2Tananbaum, James BSee footnoteBuy810202618.00140,0002,520,00036,144,432Form
Core Cache Last Updated: 11/4/2026