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Smart Investors Daily
GL

NASDAQ · GLTO

Galecto, Inc.

Healthcare · Biotechnology

$28.69

Down-$0.75 (-3.36%)

Updated Aug 16, 2026, 3:37 PM

SID Score

5.5/10

Composite research score

Smart Money

Institutional and insider signal

Market cap
38.11M
P/E ratio
-2.41
Dividend yield
0.00%
52-week range
$2.33 – $38.33
Volume
231.69K
Avg. volume
3.54M

Price performance

GLTO price history

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GLTO research

Overview

Company profile and research snapshot.

Company profile

Galecto Inc is a clinical-stage biotechnology company developing therapeutics designed to target the biological processes that lie at the heart of cancer and liver diseases. Its initial focus is on the development of small-molecule inhibitors of galectin-3 and lysyl oxidase-like 2, or LOXL2. Its product candidate GB0139 is for the treatment of severe fibrotic lung diseases such as idiopathic pulmonary fibrosis, or IPF, a life-threatening progressive fibrotic disease of the lung. Its product GB1211, a selective oral galectin-3 inhibitor for the treatment of fibrosis related to non-alcoholic steatohepatitis, or NASH, and GB2064, a selective oral inhibitor of LOXL2 that it initially plans to develop for the treatment of myelofibrosis.

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Analyst outlook

Consensus and target data currently published for this company.

Consensus
Average target
$36.00
Implied upside
Analysts
GLTO recent ratings
DateFirmRatingTarget
Feb 17, 2026UBSBuy
Feb 17, 2026GuggenheimBuy
Jan 7, 2026Leerink PartnersOutperform
Dec 8, 2025GuggenheimBuy
Dec 1, 2025GuggenheimBuy
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Yahoo · Feb 12, 2026

Galecto Announces Closing of Public Offering and Full Exercise of the Underwriters’ Option to Purchase Additional Shares for Gross Proceeds of $316.3 Million

BOSTON, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Galecto, Inc. (NASDAQ: GLTO), a biopharmaceutical company focused on developing novel therapeutics to redefine the treatment paradigm for people living with blood cancers, today announced the closing of its previously announced underwritten public offering of 16,644,737 shares of its common stock, including the full exercise of the underwriters’ option to purchase up to 2,171,052 additional shares, at a public offering price of $19.00 per share. The aggr

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