GLTO (Galecto, Inc. Common Stock) Stock Analysis - News

Galecto, Inc. Common Stock (GLTO) is a publicly traded Healthcare sector company. As of May 21, 2026, GLTO trades at $28.69 with a market cap of $1.73B and a P/E ratio of 5.43. GLTO moved -0.21% today. Year to date, GLTO is +236.34%; over the trailing twelve months it is +606.65%. Its 52-week range spans $2.01 to $38.33. Analyst consensus is buy with an average price target of $43.67. Rallies surfaces GLTO's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.

What changed in GLTO news today?

Damora Therapeutics to Trade Under DMRA, Secures $535M Cash, Targets Mid-2026 IND: Galecto, now rebranded as Damora Therapeutics, will trade under the symbol DMRA on Nasdaq beginning March 10, 2026 after its Damora acquisition and $285 million private investment. It holds $535 million in cash as of February 28, 2026 and will file IND for DMR-001 by mid-2026 with proof-of-concept data expected mid-2027.

GLTO Key Metrics

Key financial metrics for GLTO
MetricValue
Price$28.69
Market Cap$1.73B
P/E Ratio5.43
EPS$5.28
Dividend Yield0.00%
52-Week High$38.33
52-Week Low$2.01
Volume231.69K
Avg Volume0
Revenue (TTM)$4.16M
Net Income$-235.02M
Gross Margin0.00%

Latest GLTO News

Recent GLTO Insider Trades

  • Schambye Hans T. sold 700 (~$14.97K) on Jan 2, 2026.
  • Winslow Garrett sold 255 (~$5.45K) on Jan 2, 2026.
  • Firmani Lori sold 135 (~$2.89K) on Jan 2, 2026.

GLTO Analyst Consensus

5 analysts cover GLTO: 0 strong buy, 3 buy, 2 hold, 0 sell, 0 strong sell. Consensus rating is buy. Average price target: $43.67.

Common questions about GLTO

What changed in GLTO news today?
Damora Therapeutics to Trade Under DMRA, Secures $535M Cash, Targets Mid-2026 IND: Galecto, now rebranded as Damora Therapeutics, will trade under the symbol DMRA on Nasdaq beginning March 10, 2026 after its Damora acquisition and $285 million private investment. It holds $535 million in cash as of February 28, 2026 and will file IND for DMR-001 by mid-2026 with proof-of-concept data expected mid-2027.
Does Rallies summarize GLTO news?
Yes. Rallies summarizes GLTO news with ticker-specific context, catalysts, source links, and AI-generated market summaries when news is available.
Is GLTO research on Rallies investment advice?
No. Rallies provides research, data, and educational context for GLTO. It does not provide personalized investment advice.
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