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8-K ·Filed Sep 15, 2026

COYA

Coya Therapeutics, Inc.
NEUTRAL
Impact 4/10
Horizonmonths Processed1mo ago SEC0001193125-26-391378
8-K context-dependent: Items 8.01
Actionable Insight • Neutral

Monitor for topline data in early Q2 2027, which is the next major catalyst. No financial data or guidance changes here — the stock will likely trade on pipeline sentiment and broader biotech sector trends until then.

DirectionNeutral
Confidencehigh
Horizonmonths
Latest settled — T+20d
COYA ▼ -3.76% at T+20d
NEUTRAL call -3.76% · α vs SPY -6.74% · entry $4.65 → $4.48
Next anchor: T+60d in 6w
Latest observation: T+28 -11.00% FF3 residual α
Entry = T+0 close
Sep 15, 2026
via day close
T+1d
-0.97%
call -0.97% · α -1.29%
$4.61
settled 6w ago
T+5d
+5.16%
call +5.16% · α +4.34%
$4.89
settled 5w ago
T+20d
-3.76%
call -3.76% · α -6.74%
$4.48
settled 14d ago
T+60d
Pending
in 6w

Price Chart

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Executive Summary

Coya Therapeutics announced that the 100th patient has been enrolled in its Phase 2/3 ALSTARS trial (COYA 302 for ALS), with full enrollment of 120 participants expected in time for topline data in early Q2 2027. This is a routine operational update on a pre-revenue clinical-stage biotech, providing a modest derisking of the trial timeline but no financial data or efficacy results.

Key Facts

  • 100th patient enrolled in Phase 2/3 ALSTARS trial (NCT07161999) evaluating COYA 302 for ALS.
  • Full enrollment of 120 participants anticipated in time to report topline data in early Q2 2027.
  • Trial is randomized, double-blind, placebo-controlled with two dosing regimens and a 24-week primary endpoint (ALSFRS-R).
  • No financial data, revenue, earnings, or cash runway figures were disclosed in the filing.

Financial Impact

No financial figures disclosed in the filing. Pre-revenue clinical-stage company with $109M market cap.

Risk Factors

  • Clinical trial failure risk — COYA 302 may not meet its primary endpoint.
  • Pre-revenue company with no approved products; relies on capital markets for funding.
  • Enrollment or data timeline could slip beyond early Q2 2027.

Market Snapshot

Exchange
Nasdaq
Sector
Pharmaceutical Preparations
Analyst Consensus
92% bullish (13 analysts)

Investment Themes

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001193125-26-391378
Document: 0001193125-26-391378-index-headers.html0001193125-26-391378
Document: 0001193125-26-391378-index.html0001193125-26-391378
Document: 0001193125-26-391378.txt0001193125-26-391378
8 reports for COYA
Performance horizon
Filters
Rows
Reports for COYA — sortable, filterable
TypeNow
Oct 14, 2026
13d ago
8-K
MIXED ★ 5/10
$4.18awaiting T+20—$4.12 (−1.44%)
Oct 5, 2026
22d ago
8-K
NEUTRAL ★ 4/10
$4.85awaiting T+20—$4.12 (−15.05%)
Sep 15, 2026
6w ago
8-K
NEUTRAL ★ 4/10
$4.65 $4.48▼ −3.76%▼ −6.74%$4.12 (−11.40%)
Aug 11, 2026
11w ago
8-K
NEUTRAL ★ 4/10
$4.80 $4.61▼ −3.96%▼ −2.90%$4.12 (−14.17%)
May 12, 2026
24w ago
8-K
NEUTRAL ★ 4/10
$4.29 $4.41▲ +2.80%▲ +4.52%$4.12 (−3.96%)
Apr 2, 2026
29w ago
8-K
NEUTRAL ★ 3/10
$4.01 $4.23▲ +5.49%▼ −4.39%$4.12 (+2.74%)
Mar 23, 2026
31w ago
EFFECT
NEUTRAL ★ 4/10
$4.22 $4.53▲ +7.35%▼ −0.07%$4.12 (−2.37%)
Mar 16, 2026
32w ago
S-3
NEUTRAL ★ 3/10
$4.50 $4.46▼ −0.89%▼ −4.67%$4.12 (−8.44%)
Showing 8 of 8

US Market Status

Market Closed — Opens Wed (< 1m)

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Report published Sep 15, 2026