Belite Bio (NASDAQ: BLTE) has recently received a number of price target changes and ratings updates:
- 9/9/2026 – Belite Bio had its price target raised by Mizuho from $220.00 to $234.00. They now have an “outperform” rating on the stock.
- 9/9/2026 – Belite Bio had its “hold” rating reaffirmed by Jefferies Financial Group Inc..
- 9/8/2026 – Belite Bio was given a new $245.00 price target by HC Wainwright.
- 9/4/2026 – Belite Bio is now covered by Canaccord Genuity Group Inc.. They set a “buy” rating and a $303.00 price target on the stock.
- 9/4/2026 – Belite Bio is now covered by Canaccord Genuity Group Inc.. They set a “buy” rating and a $303.00 price target on the stock.
- 9/3/2026 – Belite Bio had its “buy” rating reaffirmed by UBS Group AG.
- 9/3/2026 – Belite Bio had its price target raised by HC Wainwright from $214.00 to $245.00. They now have a “buy” rating on the stock.
- 8/18/2026 – Belite Bio was downgraded by Zacks Research from “strong-buy” to “hold”.
- 8/14/2026 – Belite Bio had its price target raised by Morgan Stanley from $201.00 to $206.00. They now have an “overweight” rating on the stock.
- 8/14/2026 – Belite Bio had its “buy” rating reaffirmed by Benchmark Co..
- 8/14/2026 – Belite Bio was given a new $220.00 price target by Mizuho.
- 8/12/2026 – Belite Bio had its price target raised by Cantor Fitzgerald from $266.00 to $270.00. They now have an “overweight” rating on the stock.
- 8/12/2026 – Belite Bio had its price target raised by HC Wainwright from $200.00 to $214.00. They now have a “buy” rating on the stock.
Insiders Place Their Bets
In other news, CEO Yu-Hsin Lin sold 26,000 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $196.56, for a total value of $5,110,560.00. Following the completion of the sale, the chief executive officer owned 70,134 shares of the company’s stock, valued at $13,785,539.04. This represents a 27.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Hao-Yuan Chuang sold 17,962 shares of Belite Bio stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $196.42, for a total transaction of $3,528,096.04. Following the sale, the chief financial officer directly owned 26,038 shares in the company, valued at $5,114,383.96. This trade represents a 40.82% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 168,562 shares of company stock valued at $32,018,474. Insiders own 13.29% of the company’s stock.
Belite Bio’s lead product candidate is tinlarebant, also known as LBS-008. Tinlarebant is an orally administered retinol-binding protein 4 antagonist intended to reduce the delivery of vitamin A to the retina and limit the formation of toxic bisretinoids.
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