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Werewolf Therapeutics, Inc.

HOWL Health Care Biotechnology: Pharmaceutical Preparations
$1.02
▼ -1.0% Today
as of Oct 23, 12:03 ET
Last 30 days +6.47% Sep 14 → Oct 23
$0.87 $0.92 $0.97 $1.01 $1.06 Sep 14 Sep 22 Sep 30 Oct 07 Oct 15 Oct 23
Open
$1.01
High
$1.05
Low
$1.00
Volume
$179,101
Avg Vol
$2M
Mkt Cap
$45M
P/E (TTM)
—
Beta
—
52w High
$1.83
52w Low
$0.27
Div Yield
—
Shares Out
$49M

Recent Press Releases & News last 60 days · 2 items

HOWL earnings at a glance

Werewolf Therapeutics, Inc. (HOWL) is scheduled to report earnings on Tuesday, November 3, 2026 — in 11 days. The options market is pricing a move of about ±20.4% after the report, a range of roughly $0.81 to $1.23 from today's $1.02. Over its last 6 reports the stock rose the next day 1 time and fell 5, moving ±10.7% on average; after the most recent report on Jul 31, 2026 it moved -29.4%. That means options currently expect more movement than HOWL has typically delivered. HOWL beat the consensus EPS estimate in 6 of its last 6 reported quarters. Implied volatility is currently 98%. The share price of $1.02 sits in the middle of its 52-week range.

More Health Care stocks · All stocks · Earnings calendar

Overview

52-week range
$0.27
$1.83
48% of range
Avg surprise (last 6)
+36.5%
Avg reaction (last 6)
-7.4%
17% positive
Latest IV / EM
98%
EM ±20.4% · $1 · Oct 16

Earnings trends

EPS — actual vs estimate Actual Estimate
$-0.50$-0.35$-0.21$-0.07$0.08 Actual $-0.34Actual $-0.14Actual $-0.23Actual $-0.39Actual $-0.43Actual $-0.38Actual $-0.40Est $-0.44Actual $-0.40Est $-0.50Actual $-0.36Est $-0.39Actual $-0.20Est $-0.34Actual $-0.28Est $-0.32Actual $0.08Est $-0.28 MarJunSepMarJunSepMar/2025Jun/2025Sep/20258KMar/20268K
Revenue vs Net Income Revenue Net income
$-17M$-12M$-6M$-1M$4M Sep 24Sep 25Jun 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Fri Jul 31, 20268K 2026-07-31 $0.08 $-0.28 +128.6% — -29.4% earnings
Thu May 7, 2026Mar/2026 $-0.28 $-0.32 +12.5% +30.0% +9.7% earnings
Fri Mar 27, 20268K 2026-03-27 $-0.20 $-0.34 +41.2% — -9.5% earnings
Tue Nov 4, 2025Sep/2025 $-0.36 $-0.39 +7.7% — -7.6% earnings
Thu Aug 14, 2025Jun/2025 $-0.40 $-0.50 +20.0% — -2.2% earnings
Thu May 8, 2025Mar/2025 $-0.40 $-0.44 +9.1% — -5.5% earnings
Mon Sep 30, 2024Sep 2024 $-0.38 — — — — financials
Sun Jun 30, 2024Jun 2024 $-0.43 — — — — financials
Sun Mar 31, 2024Mar 2024 $-0.39 — — — — financials
Sat Sep 30, 2023Sep 2023 $-0.23 — — — — financials
Fri Jun 30, 2023Jun 2023 $-0.14 — — — — financials
Fri Mar 31, 2023Mar 2023 $-0.34 — — — — financials
Fri Sep 30, 2022Sep 2022 $-0.40 — — — — financials
Thu Jun 30, 2022Jun 2022 $-0.53 — — — — financials

Upcoming

DateFiscalTimeEPS EstLY EPSYoY %Δ
Tue Nov 3, 2026Sep/2026OTHER —-$0.36

Financials

Income statement (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue————————
Cost of revenue————————
Gross profit————————
Operating income$7M$-13M—$-16M—$-18M—$-17M
Net income$4M——$-16M———$-17M
EPS (diluted)$0.08$-0.28—$-0.36—$-0.40—$-0.38

Balance sheet (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Cash & equivalents$22M$46M$57M$66M—$92M$111M$123M
Inventory————————
Total current assets$23M$49M$59M$68M$80M$94M$113M$126M
Total assets$24M$58M$69M$80M$93M$107M$127M$140M
Long-term debt—$32M—$32M$32M$32M—$32M
Total liabilities$8M$46M$45M$50M$51M$50M$54M$51M
Total equity$16M—$25M$30M——$73M$89M

Implied volatility — last 90 days

97%8073%16049%24024%32000% Jun 07 — IV 7821% · EM ±1083.4%Jun 08 — IV 8228% · EM ±1086.7%Jun 09 — IV 9164% · EM ±1148.2%Jun 10 — IV 9973% · EM ±1178.1%Jun 11 — IV 9872% · EM ±1090.8%Jun 12 — IV 10776% · EM ±1102.4%Jun 15 — IV 14930% · EM ±1080.0%Jun 16 — IV 19988% · EM ±1180.6%Jun 17 — IV 32000% · EM ±1336.4%Jun 19 — IV 3993% · EM ±882.4%Jun 22 — IV 4076% · EM ±851.1%Jun 23 — IV 4257% · EM ±870.9%Jun 24 — IV 4198% · EM ±840.9%Jun 25 — IV 4891% · EM ±958.1%Jun 26 — IV 5177% · EM ±990.7%Jun 29 — IV 5864% · EM ±1039.0%Jun 30 — IV 5237% · EM ±901.8%Jul 01 — IV 5427% · EM ±906.5%Jul 02 — IV 5812% · EM ±940.1%Jul 03 — IV 6016% · EM ±940.1%Jul 06 — IV 9161% · EM ±1269.0%Jul 07 — IV 9135% · EM ±1206.4%Jul 08 — IV 9650% · EM ±1209.0%Jul 09 — IV 9506% · EM ±1122.9%Jul 10 — IV 12215% · EM ±1349.7%Jul 13 — IV 18839% · EM ±1573.5%Jul 14 — IV 17677% · EM ±1278.7%Jul 15 — IV 21694% · EM ±1281.3%Jul 16 — IV 28312% · EM ±1182.4%Jul 20 — IV 6441% · EM ±1521.7%Jul 21 — IV 5213% · EM ±1212.1%Jul 22 — IV 3949% · EM ±903.4%Jul 23 — IV 3950% · EM ±888.4%Jul 24 — IV 3477% · EM ±768.3%Jul 27 — IV 3222% · EM ±672.8%Jul 28 — IV 5167% · EM ±1057.2%Jul 29 — IV 3305% · EM ±662.0%Jul 30 — IV 3214% · EM ±629.5%Jul 31 — IV 4571% · EM ±874.8%Aug 03 — IV 6501% · EM ±1151.8%Aug 04 — IV 4202% · EM ±723.6%Aug 05 — IV 8116% · EM ±1355.7%Aug 06 — IV 5909% · EM ±955.8%Aug 07 — IV 5238% · EM ±818.4%Aug 10 — IV 5953% · EM ±824.6%Aug 11 — IV 6414% · EM ±847.0%Aug 12 — IV 6792% · EM ±851.0%Aug 13 — IV 7128% · EM ±842.0%Aug 14 — IV 7268% · EM ±803.1%Aug 17 — IV 9448% · EM ±789.1%Aug 18 — IV 14358% · EM ±1038.6%Aug 19 — IV 17936% · EM ±1059.3%Aug 20 — IV 12665% · EM ±528.9%Aug 24 — IV 1696% · EM ±354.2%Aug 25 — IV 1840% · EM ±376.5%Aug 26 — IV 1596% · EM ±319.6%Aug 27 — IV 1612% · EM ±315.8%Aug 28 — IV 1717% · EM ±328.6%Aug 31 — IV 1891% · EM ±335.1%Sep 01 — IV 1767% · EM ±304.3%Sep 02 — IV 1772% · EM ±296.0%Sep 21 — IV 98% · EM ±20.4%

Sector peers

HOWL earnings FAQ

When is HOWL's next earnings date?

Werewolf Therapeutics, Inc. is expected to report on November 3, 2026.

What is HOWL's expected move for earnings?

Options currently price a move of about ±20.4%, or $0.21 per share either way from $1.02.

How does HOWL stock usually react to earnings?

Across the last 6 reports the average next-day move was ±10.7%, up 1 times and down 5 times.

What is HOWL's implied volatility?

HOWL's at-the-money implied volatility is about 98% based on the latest options snapshot.

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