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Spyre Therapeutics, Inc. (SYRE) Fundamental Analysis & AI Grade 2026

SYRE Nasdaq Pharmaceutical Preparations DE CIK: 0001636282
Updated This Month • Analysis: May 16, 2026 • SEC Data: 2026-03-31
Combined AI Grade
D
85% Confidence
N/A
D
85% Conf
Pending
Analysis scheduled

📊 SYRE Key Takeaways

Revenue: $0.0
Net Margin: N/A
Free Cash Flow: $-57.4M
Current Ratio: 8.97x
Debt/Equity: 0.00x
EPS: $-0.74
AI Grade: D with 85% confidence
Spyre Therapeutics, Inc. (SYRE) receives a D fundamental grade with 85% confidence from our AI analysis based on SEC 10-K filings. With revenue of $0, and return on equity (ROE) of -10.3%, Spyre Therapeutics, Inc. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete SYRE stock analysis for 2026.

Is Spyre Therapeutics, Inc. (SYRE) a Good Investment?

Claude

Spyre Therapeutics is a pre-revenue pharmaceutical company with zero revenue generation and quarterly cash burn of $57.4M against only $97.2M in cash reserves, providing approximately 1.7 quarters of runway. While the balance sheet shows minimal debt and strong equity position ($670.8M), the company faces imminent financing risk as operational losses (-$69.0M net loss latest period) are consuming capital with no offsetting revenue generation.

Spyre Therapeutics, Inc. Key Strengths (SYRE)

Claude
  • + Minimal debt with 0.00x Debt/Equity ratio and strong stockholders equity of $670.8M
  • + Excellent liquidity position with 8.97x current ratio providing near-term operational flexibility
  • + Substantial asset base of $764.0M providing financial cushion for development activities
  • + Insider activity with 9 Form 4 filings suggesting some level of insider confidence

SYRE Stock Risks: Spyre Therapeutics, Inc. Investment Risks

Claude
  • ! Zero revenue generation typical of pre-clinical/early-stage biotech with no clear path to commercialization
  • ! Severe quarterly cash burn of $57.4M with only ~1.7 quarters of runway remaining before liquidity crisis
  • ! Large operating and net losses (-$45.6M and -$69.0M respectively) with negative ROE (-10.3%) and ROA (-9.0%)
  • ! High execution risk dependent on successful clinical trial outcomes and FDA approval with no guaranteed success
  • ! Imminent need for capital raise or major revenue milestone within 6 months to avoid financial distress

Key Metrics to Watch

Claude
  • * Cash balance and burn rate trends quarterly to monitor runway sufficiency
  • * Clinical trial progress and FDA milestone achievements for pipeline candidates
  • * Capital raising activities and any strategic partnerships or licensing deals
  • * Path to revenue generation timeline and commercial milestone achievements

Spyre Therapeutics, Inc. (SYRE) Financial Metrics & Key Ratios

Revenue
$0.0
Net Income
$-69.0M
EPS (Diluted)
$-0.74
Free Cash Flow
$-57.4M
Total Assets
$764.0M
Cash Position
$97.2M

💡 AI Analyst Insight

Strong liquidity with a 8.97x current ratio provides a solid financial cushion.

SYRE Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin N/A
Net Margin N/A
ROE -10.3%
ROA -9.0%
FCF Margin N/A

SYRE vs Healthcare Sector: How Spyre Therapeutics, Inc. Compares

How Spyre Therapeutics, Inc. compares to Healthcare sector averages

Net Margin
SYRE 0.0%
vs
Sector Avg 12.0%
SYRE Sector
ROE
SYRE -10.3%
vs
Sector Avg 15.0%
SYRE Sector
Current Ratio
SYRE 9.0x
vs
Sector Avg 2.0x
SYRE Sector
Debt/Equity
SYRE 0.0x
vs
Sector Avg 0.6x
SYRE Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Spyre Therapeutics, Inc. Stock Overvalued? SYRE Valuation Analysis 2026

Based on fundamental analysis, Spyre Therapeutics, Inc. has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
-10.3%
Sector avg: 15%
Net Profit Margin
N/A
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Spyre Therapeutics, Inc. Balance Sheet: SYRE Debt, Cash & Liquidity

Current Ratio
8.97x
Quick Ratio
8.97x
Debt/Equity
0.00x
Debt/Assets
12.2%
Interest Coverage
N/A
Long-term Debt
N/A

SYRE Revenue & Earnings Growth: 5-Year Financial Trend

SYRE 5-year financial data: Year 2021: Revenue $18.7M, Net Income -$78.3M, EPS N/A. Year 2022: Revenue $18.7M, Net Income -$80.9M, EPS $-1.52. Year 2023: Revenue $18.7M, Net Income -$65.8M, EPS $-25.02. Year 2024: Revenue $2.3M, Net Income -$83.8M, EPS N/A. Year 2025: Revenue $886.0K, Net Income -$338.8M, EPS N/A.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Spyre Therapeutics, Inc.'s revenue has declined by 95% over the 5-year period, indicating business contraction. The most recent EPS of $-25.02 indicates the company is currently unprofitable.

SYRE Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
N/A
Free cash flow / Revenue

SYRE Quarterly Earnings & Performance

Quarterly financial performance data for Spyre Therapeutics, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2024 N/A -$18.4M $-1.36
Q2 2024 N/A -$18.4M $-0.86
Q1 2024 N/A -$18.4M $-1.20
Q3 2023 N/A -$18.2M $-4.84
Q2 2023 $625.0K -$18.4M $-0.27
Q1 2023 $198.0K -$18.4M $-0.20
Q3 2022 $174.0K -$6.8M $-0.19
Q2 2022 $625.0K -$6.8M $-0.10

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Spyre Therapeutics, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$57.4M
Cash generated from operations
Dividends
None
No dividend program

SYRE SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Spyre Therapeutics, Inc. (CIK: 0001636282)

📋 Recent SEC Filings

Date Form Document Action
Jun 3, 2026 4 xslF345X06/wk-form4_1780536719.xml View →
Jun 3, 2026 4 xslF345X06/wk-form4_1780536669.xml View →
Jun 3, 2026 4 xslF345X06/wk-form4_1780536638.xml View →
Jun 1, 2026 8-K syre-20260529.htm View →
May 29, 2026 4 xslF345X06/wk-form4_1780091883.xml View →

Frequently Asked Questions about SYRE

What is the AI rating for SYRE?

Spyre Therapeutics, Inc. (SYRE) has an AI grade of D with 85% confidence, based on fundamental analysis of SEC EDGAR filings.

What are SYRE's key strengths?

Claude: Minimal debt with 0.00x Debt/Equity ratio and strong stockholders equity of $670.8M. Excellent liquidity position with 8.97x current ratio providing near-term operational flexibility.

What are the risks of investing in SYRE?

Claude: Zero revenue generation typical of pre-clinical/early-stage biotech with no clear path to commercialization. Severe quarterly cash burn of $57.4M with only ~1.7 quarters of runway remaining before liquidity crisis.

What is SYRE's revenue and growth?

Spyre Therapeutics, Inc. reported revenue of $0.0.

Does SYRE pay dividends?

Spyre Therapeutics, Inc. does not currently pay dividends.

Where can I find SYRE SEC filings?

Official SEC filings for Spyre Therapeutics, Inc. (CIK: 0001636282) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is SYRE's EPS?

Spyre Therapeutics, Inc. has a diluted EPS of $-0.74.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is SYRE's fundamental grade?

Based on our AI fundamental analysis in June 2026, Spyre Therapeutics, Inc. has a D grade with 85% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is SYRE stock overvalued or undervalued?

Valuation metrics for SYRE: ROE of -10.3% (sector avg: 15%), net margin of N/A (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is SYRE's AI grade for 2026?

Our dual AI analysis gives Spyre Therapeutics, Inc. a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is SYRE's free cash flow?

Spyre Therapeutics, Inc.'s operating cash flow is $-57.4M, with capital expenditures of $0.0.

How does SYRE compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin N/A (avg: 12%), ROE -10.3% (avg: 15%), current ratio 8.97 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 16, 2026 | Data as of: 2026-03-31 | Powered by Claude AI