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Updated: Sep 6, 2026
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First Tracks

NASDAQ:TRAX·Stock Analysis Report
Day Range
$37.40 - $40.69
Market Cap
1.45B
P/E Ratio
0.0000
Avg Value
$32.32
Year Range
$14.72 - $49.91
$37.98-$1.59 (-4.02%)
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General Information
First Tracks Biotherapeutics Inc is a clinical-stage biotechnology company focused on delivering immunology therapeutics for autoimmune and inflammatory diseases.

Its clinical-stage pipeline includes rosnilimab, a selective pathogenic T cell depleter, for which it completed a Phase 2b trial for the treatment of moderate-to-severe rheumatoid arthritis (RA), ANB033, a CD122 antagonist, in a Phase 1b trial for celiac disease (CeD) and eosinophilic esophagitis (EoE), and ANB101, a BDCA2 modulator, in a Phase 1a trial. The company operates in one reportable segment focused on research and development activities to deliver immunology therapeutics for autoimmune and inflammatory diseases.

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First Tracks (TRAX) Stock Graph
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How We Grade First Tracks (TRAX)

We grade stocks based on past performance, their future growth potential, intrinsic value, dividend history, and overall financial health.

The chart below shows how we grade First Tracks (TRAX) across the board compared to its closest peers.

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Benzinga Edge Rankings

Benzinga Edge stock rankings give you four critical scores to help you identify the strongest and weakest stocks to buy and sell.

5
Peer Ratings

See how First Tracks compares to its peers in these key performance metrics from Benzinga Rankings.

Top Peers
Value
Quality
Growth
Momentum
Short
Medium
Long
REPLReplimune Group
N/A
N/A
N/A
98.07
IMTXImmatics
N/A
N/A
N/A
76.48
VORVor Biopharma
N/A
N/A
N/A
89.39
RAREUltragenyx Pharmaceutical
N/A
N/A
N/A
2.2
Short: price trend over the last couple of months
Medium: price trend over the last couple of quarters
Long: price trend over the past year
Stock Score Locked: Want to See it?
Benzinga Rankings give you vital metrics on any stock – anytime.
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Future Growth
Our estimate of future price growth is based on an aggregation of 11 analyst ratings over the past 3 months and their 12-month price targets.

Below, you can see that analysts are estimating a 12-month price target range of $30.00 - $95.00 with an average of $56.33

39.23%
Expected movement for First Tracks (TRAX) over the next 12 months
Based on these rankings

Recent Ratings for First Tracks (TRAX)

HC Wainwright & Co.
Date:
Sep 3, 2026
Action:
Reiterates
Prev. Target:
$57.00
New Target:
$57.00
Piper Sandler
Date:
Aug 13, 2026
Action:
Maintains
Prev. Target:
$54.00
New Target:
$95.00
Barclays
Date:
Aug 13, 2026
Action:
Maintains
Prev. Target:
$48.00
New Target:
$65.00
Wedbush
Date:
Aug 13, 2026
Action:
Maintains
Prev. Target:
$60.00
New Target:
$70.00
HC Wainwright & Co.
Date:
Aug 13, 2026
Action:
Maintains
Prev. Target:
$44.00
New Target:
$57.00
UBS
Date:
Aug 10, 2026
Action:
Maintains
Prev. Target:
$45.00
New Target:
$65.00
Wedbush
Date:
Jul 28, 2026
Action:
Maintains
Prev. Target:
$30.00
New Target:
$60.00
Wells Fargo
Date:
Jul 28, 2026
Action:
Maintains
Prev. Target:
$30.00
New Target:
$55.00
Barclays
Date:
Jul 21, 2026
Action:
Maintains
Prev. Target:
$40.00
New Target:
$48.00
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Past Performance
How has First Tracks (TRAX) performed over the past 5 years?

The two main factors that we consider when analyzing past performance is overall return and volatility

Using these two metrics, we can determine if this stock gave its investors enough return for the risk that they took on by owning it. This is measured by the sharpe ratio, which has been used as a primary measure of risk/reward trade-off for almost 60 years.

This ratio can be interpreted as the amount of return an investor has received for the amount of risk that they took on by owning the stock over that timeframe.

First Tracks (TRAX) sharpe ratio over the past 5 years is 0.2478 which is considered to be above average compared to the peer average of -0.2225