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Ascendiant Capital maintains 'Buy' rating on GRI Bio(GRI).
The target price is $36, compare with $35 previously.
[Recent Rating]
| Date | Agency | Change | Rating | Rating (previously) | Target Price | Target Price(previously) |
|---|---|---|---|---|---|---|
| 2025-12-08 | Ascendiant Capital | Maintains | Buy | Buy | $36 | $35 |
[Recent Earning Results] Gri Bio posted the Q3 of its 2025 financial results on 11/14/2025, reporting net income of USD -9.30 million in the first three quarters, expanding 48.54% from USD -6.26 million year over year.
[Company Profile] GRI Bio, Inc. was incorporated under the laws of the State of Delaware on January 11, 2018. The company is a clinical-stage biopharmaceutical company focused on discovering, developing, and commercializing innovative therapies that target serious diseases associated with dysregulated immune responses leading to inflammatory, fibrotic, and autoimmune disorders. The company goal is to be an industry leader in developing therapies to treat these diseases and to improve the lives of patients suffering from such diseases.
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