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FATEFate Therapeutics, Inc.
$2.58$283M
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FATE logo

Fate Therapeutics, Inc.

FATE
NASDAQ · Biotechnology
$2.58
At close - Sep 22, 4:00 PM EDT - USD
Market Cap$301M
P/E-2.2x
52W High$3.23
Volume1.66M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q1

Persistent Cash Burn Threatens iPSC Platform Viability

Fate Therapeutics faces a precarious outlook as its reliance on volatile, non-recurring milestone payments has failed to offset the high fixed-cost burden of its proprietary iPSC manufacturing infrastructure. The company's inability to scale revenue, which con...

GrowthContracting
ProfitabilityNegative
ValuationReview
TechnicalsMixed
Explore valuation models
MARKET ACTION

FATE price & volume

Price trend, volume and key moving averages

Launch Terminal
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Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

9/12 Beats

EPS beat 9 of last 12 quarters

02

Valuation risk

-110% Peers

P/E is 110% below peer median

03

Market leadership

RS 94 · Leader

High momentum (Outperforming 94% of market)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystConfirmed earnings · Nov 12

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
FATE+161.56%
S&P 500 (^GSPC)+13.20%
1-Year Return
FATE+155.45%
S&P 500 (^GSPC)+15.98%
3-Year Return
FATE+22.27%
S&P 500 (^GSPC)+88.72%
5-Year Return
FATE-96.25%
S&P 500 (^GSPC)+77.32%

Growth & profitability

Annual revenue & EPS trend
Revenue
$7M-51.2% YoY
Net income
-$136M+26.8% YoY
Free cash flow
-$112M+9.4% YoY
Operating margin
-2222.4%-679.8 pts YoY
ROIC (TTM)-36.5%
Avg ROIC 5Y-
ROE (TTM)-51.8%
Piotroski Score3 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate9/12 (75%)
Revenue Beat Rate11/12 (92%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 13, 2026
-$0.25+1.4%
vs -$0.25
$2M+7.1%
vs $2M
Q2 2026
May 13, 2026
-$0.26+10.3%
vs -$0.29
$1M-12.9%
vs $1M
Q1 2026
Feb 26, 2026
-$0.27+0.0%
vs -$0.27
$1M+2.4%
vs $1M
Q4 2025
Nov 13, 2025
-$0.27+6.9%
vs -$0.29
$2M+45.3%
vs $1M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
GlobeNewsWire·Sep 16, 2026
Fate Therapeutics Selected for Four Presentations Highlighting its Off-the-Shelf CAR T-Cell Portfolio in Autoimmune Disease at ACR Convergence 2026

SAN DIEGO, Sept. 16, 2026 (GLOBE NEWSWIRE) -- Fate Therapeutics, Inc. (NASDAQ: FATE), a clinical-stage biopharmaceutical company dedicated to bringing a transformative pipeline of induced pluripotent stem cell (iPSC)-derived cellular immunotherapies to patients with cancer and autoimmune disease, today announced that four abstracts from its off-the-shelf CAR T-cell programs have been selected for presentation at the American College of Rheumatology (ACR) Convergence 2026, being held November 6-11 in Orlando, Florida.

GlobeNewsWire·Sep 9, 2026
Fate Therapeutics Announces Encore Clinical Data Presentation of FT819 Off-the-Shelf CAR T-Cell Product Candidate at the CCR – West 2026 Meeting

SAN DIEGO, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Fate Therapeutics, Inc. (NASDAQ: FATE), a clinical-stage biopharmaceutical company dedicated to bringing a transformative pipeline of induced pluripotent stem cell (iPSC)-derived cellular immunotherapies to patients with cancer and autoimmune diseases, today announced clinical data from its off-the-shelf anti-CD19 CAR T-cell product candidate FT819, and pre-clinical data from its off-the-shelf anti-CD19 and CD38 CAR T-cell product candidate FT839 will be featured at the Congress of Clinical Rheumatology West (CCR – West) meeting, being held in Huntington Beach, CA on September 17-20, 2026.

GlobeNewsWire·Sep 3, 2026
Fate Therapeutics to Participate in Fireside Chat at the 2026 Annual Cantor Global Healthcare Conference

SAN DIEGO, Sept. 03, 2026 (GLOBE NEWSWIRE) -- Fate Therapeutics, Inc. (NASDAQ: FATE), a clinical-stage biopharmaceutical company dedicated to bringing a transformative pipeline of induced pluripotent stem cell (iPSC)-derived cellular immunotherapies to patients with cancer and autoimmune diseases, today announced that management will participate in a fireside chat at the 2026 Annual Cantor Global Healthcare Conference, being held September 9–12, 2026 in New York, NY.

Defense World·Sep 3, 2026
BlackRock Inc. Makes New Investment in Fate Therapeutics, Inc. $FATE

BlackRock Inc. acquired a new position in shares of Fate Therapeutics, Inc. (NASDAQ: FATE) in the undefined quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 7,298,895 shares of the biopharmaceutical company's stock, valued at approximately $19,707,000. BlackRock Inc. owned approximately 6.26% of Fate Therapeutics as of its

Filtered for Fate Therapeutics, Inc.More Headlines
04

Compare before deciding

Benchmark FATE against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Fate Therapeutics, Inc. (FATE)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
FATE logoFATEFate Therapeutics, Inc.Current
$2.58$300.72M-2.24-51.24%-2051.08%-51.84%—
CRSP logoCRSPCRISPR Therapeutics AG
$59.03$5.69B-9.12-89.97%-3368.72%-24.39%—
NTLA logoNTLAIntellia Therapeutics, Inc.
$12.69$1.42B-3.3316.92%-672.16%-57.79%—
BEAM logoBEAMBeam Therapeutics Inc.
$25.93$2.67B-32.01120.01%-54.75%-7.7%—
EDIT logoEDITEditas Medicine, Inc.
$2.92$448.11M-1.6225.39%-157.32%-196.63%—
SANA logoSANASana Biotechnology, Inc.
$3.33$926.71M-3.47——-134.49%—

Compare FATE vs Peers

Fate Therapeutics, Inc. (FATE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CRSP

Most directly comparable listed peer for FATE.

Scale Benchmark

vs JNJ

Larger-name benchmark to compare FATE against a more recognizable public peer.

Peer Set

Compare Top 5

vs CRSP, NTLA, BEAM, EDIT

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

FATE SEC Filings & Documents

Fate Therapeutics, Inc. (FATE) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 13, 2026·SEC

Material company update

Jun 15, 2026·SEC

Material company update

Jun 4, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 26, 2026·SEC

FY 2025

Mar 5, 2025·SEC

FY 2024

Feb 26, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 13, 2026·SEC

FY 2026

May 13, 2026·SEC

FY 2025

Nov 13, 2025·SEC

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FATE Frequently Asked Questions

Fate Therapeutics, Inc. (FATE) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Fate Therapeutics, Inc.'s revenue?

Fate Therapeutics, Inc. (FATE) reported $6.5M in revenue for fiscal year 2025. This represents a 455% increase from $1.2M in 2011.

How fast is Fate Therapeutics, Inc. growing?

Fate Therapeutics, Inc. (FATE) saw revenue decline by 51.2% over the past year.

Is FATE profitable?

Fate Therapeutics, Inc. (FATE) reported a net loss of $126.0M for fiscal year 2025.

Dividend & Returns
What is FATE's return on equity?

Fate Therapeutics, Inc. (FATE) has a return on equity (ROE) of -51.8%. Negative ROE indicates the company is unprofitable.

What is Fate Therapeutics, Inc.'s free cash flow?

Fate Therapeutics, Inc. (FATE) had negative free cash flow of $105.7M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in FATE back in 2011?

Total return calculator · dividends reinvested · 15+ years of data

See returns →