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← CockpitCompetitor Analysis › BCAX Bicara Therapeutics Inc.Open in the cockpit ↗

Bicara Therapeutics Inc.BCAXCompetitor analysis, valuation and peers

United States · USD·Health Care›Pharmaceuticals: Major

Biotech developing a bifunctional EGFR/TGF-beta-trap antibody (ficerafusp alfa) for head-and-neck and other solid tumors.

Momentum laggard 1
Mkt cap
$572M
US dollars, full cap
Free float
66%
of shares outstanding
$/day
$23.1M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
n/a
WACC 6.4%
Hurdle
n/a
no reverse DCF
Next earnings
3 days
9 Nov 2026
Close · USD$8.65
1D+5.6%
1W-5.3%
1M-49.9%
3M-68.8%
6M-61.7%
YTD-48.6%
1Y-38.8%
ATR %15.8%
Beta1.03
52w lowhigh72.1% off high

What Bicara Therapeutics does

Biotech developing a bifunctional EGFR/TGF-beta-trap antibody (ficerafusp alfa) for head-and-neck and other solid tumors.

Has no product revenue and funds trials by selling shares, so each data readout and financing round shapes what it can afford to run. Ficerafusp alfa attacks a tumour in two ways, blocking a growth receptor (EGFR) and neutralising a signal (TGF-beta) that helps tumours hide from the immune system, and it is tested alongside a checkpoint-inhibitor drug.

Products and services

  • Ficerafusp alfa (head & neck cancer)
  • Pipeline bifunctional antibodies

Where it sits in the supply chain

  • Biopharma R&D
  • Bifunctional antibody engineering
  • Solid-tumor clinical development

What could go right

  • Positive pivotal trial data
  • Partnership/licensing deal with big pharma

What could go wrong

  • Binary late-stage trial risk
  • Single-lead-asset concentration

Moat: none (IP / patents). Pre-commercial; differentiation rests on unproven combined EGFR/TGF-beta mechanism data.

Headquarters: Boston, Massachusetts, US · Founded: 2021 · Employees: 103

Named competitors

Bicara Therapeutics at a glance

Size Bicara Therapeutics (BCAX) is a United States Health Care company (Pharmaceuticals: Major) with a market value of $572M, the 2599th largest of 3,117 United States companies the cockpit tracks. Shares closed at $8.65 on 6 Nov 2026.

Performance Over six months the shares fell 61.7%, against -21.6% for the median peer and -1.1% for the United States market (cap-weighted) — lowest of 21 in its peer set.

Short interest Short interest is 15.6% of the free float (15 Oct 2026).

Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).

Relative performance

5010011 May 202611 Aug 20266 Nov 2026Peer median 78BCAX 38
Six months, rebased to 100: Bicara Therapeutics against the median of its 20 peers (local-currency closes).

Bicara Therapeutics financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$0$0$0$0$0
Revenue growth—————
Gross profit-$155,000-$105,000-$56,000-$19,000-$10,000
EBITDA-$202M-$155M-$82.3M-$39.9M-$37.6M
Net income-$185M-$138M-$68.0M-$52.0M-$37.8M
Free cash flow-$135M-$107M-$74.8M-$46.2M-$32.3M
Capital expenditure$400,000$280,000$71,000$586,000$192,000
Total debt$1.16M$1.71M$738,000$657,000$0

Quarterly statements and history in the cockpit →

Bicara Therapeutics competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-60%-40%-20%0%+20%-40%-20%0%+20%300584SENORES3004850009190026882256OVIDSUPRIYAORCHPHARMA4105002393ENTX600513603207ACRS4559BCAX6-month return →1-month return →
Up and to the right = strong over both horizons. Bicara Therapeutics is the large dot.

Bicara Therapeutics competitors and peer comparison

Head to head with its named competitors (BCAX vs MRK vs BMY vs 1801.HK)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Bicara Therapeutics BCAX$572M-62%n/an/an/an/a
Merck & MRK$362B+33%+5%18%5.4×4.1%
Bristol Myers Squibb BMY$127B+12%+4%33%3.2×-12.9%
Innovent Biologics 1801.HK$19.2B-5%+43%17%7.4×11.7%

How Bicara Therapeutics compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Bicara Therapeutics against its 20 peers (data as of 6 Nov 2026)
MeasureBCAXPeer medianRank in peer set
1-month return-49.9%-7.6%lowest of 21
6-month return-61.7%-21.6%lowest of 21
Distance from 52-week high-72.1%-35.4%lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Bicara Therapeutics BCAXUnited States$572M-62%n/an/an/an/an/a
Nanjing Hicin Pharmaceutical 300584.SZChina$573M-25%+32%17%5.0×5.5%-1.1%
Senores Pharmaceuticals SENORES.NSIndia$566M+25%+40%24%7.9×n/an/a
Beijing Science Sun Pharmaceutical 300485.SZChina$566M-28%-11%-8%6.5×n/an/a
Jinling Pharmaceutical 000919.SZChina$586M-14%-8%1%0.8×5.0%+5.0%
Jinhe Biotechnology 002688.SZChina$587M-22%+9%5%2.0×14.8%+9.7%
Abbisko Cayman 2256.HKHong Kong$589M-48%-83%-520%20.8×n/an/a
Ovid Therapeutics OVIDUnited States$557M+2%-76%-3,687%285.6×n/an/a
Chimin Health Management 603222.SSChina$553M-28%+1%-28%6.8×n/an/a
Supriya Lifescience SUPRIYA.NSIndia$593M-1%+28%30%6.4×27.9%+15.8%
Orchid Pharma ORCHPHARMA.NSIndia$551M+27%+11%0%5.5×n/an/a
TTY Biopharm 4105.TWOTaiwan$596M+7%+5%33%2.9×-11.1%+8.8%
Tianjin Lisheng Pharmaceutical 002393.SZChina$598M-23%-3%7%1.4×-3.2%+4.1%
Entera Bio ENTXUnited States$546M+142%-100%n/an/an/an/a
Jiangsu Lianhuan Pharmaceutical 600513.SSChina$546M-44%+14%0%1.9×n/an/a
Shanghai Xiao Fang Pharmaceutical 603207.SSChina$544M-14%+10%39%5.3×-3.9%+7.6%
Aclaris Therapeutics ACRSUnited States$604M-21%-51%-1,040%62.6×n/an/a
Zeria Pharmaceutical 4559.TJapan$540M-6%+12%15%1.0×-12.5%+11.1%
Xizang Weixinkang Pharmaceutical 603676.SSChina$538M-22%-8%16%2.4×-5.2%+9.6%
Chongkundang 185750.KSSouth Korea$611M-26%+7%4%0.5×n/an/a
ChengDa PharmaCeuticals 301201.SZChina$535M-43%+27%-9%5.7×n/an/a

Questions

Who are Bicara Therapeutics's main competitors?
Named competitors: Merck (MRK), Bristol Myers Squibb (BMY), Innovent Biologics (1801.HK). The cockpit's measured peer set (industry) also includes Nanjing Hicin Pharmaceutical (300584.SZ), Senores Pharmaceuticals (SENORES.NS), Beijing Science Sun Pharmaceutical (300485.SZ), Jinling Pharmaceutical (000919.SZ), Jinhe Biotechnology (002688.SZ), Abbisko Cayman (2256.HK).
How has Bicara Therapeutics stock performed?
Over six months to 6 Nov 2026 the shares returned -61.7% against -21.6% for the median peer; over one year -38.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.