Relay Therapeutics (RLAY) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- -$0.37
- Estimate
- -$0.40
- Surprise
- +7.8%
- Score today
- 4.4/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Relay Therapeutics (RLAY) reported a narrower loss than forecast — adjusted EPS of -$0.37 against the -$0.40 estimate (a 7.8% beat on a still-unprofitable quarter).
Coverage in the report window
- Relay Therapeutics Reports Q3 2026 Financial Results — fiscal.ai, 2026-11-04
- Relay Therapeutics Q3 EPS $(0.37) Beats $(0.40) Estimate — benzinga, 2026-11-04
- Lirafugratinib (Lyrfigtu™) Added to NCCN Clinical Practice Guidelines — fiscal.ai, 2026-11-03
Where TrendMatrix's rating stands now
TrendMatrix currently rates RLAY Sell at 4.4/10; no pre/post engine snapshot brackets this report.
2 of the last 4 quarters beat the estimate; this quarter's +7.8% surprise compares with a +2.4% four-quarter average. Next scheduled report: 2027-02-25.
What argues against it
- Concentration risk — Pipeline: zovegalisib (RLY-2608)
- Quality below floor (1.5 < 4.0)
- Value-trap signals (3/5): Margin compression (op margin -42.6%), Material insider selling (20 sells, 0.40% of cap), Negative free cash flow
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $17.99
- Price target
- $24.00
- Stop
- $16.73
- Upside to target
- +33.4%
- Reward-to-risk
- 2.7:1
Model outputs from TrendMatrix’s engine as of 2026-11-06 — shown for context, not personalized investment advice.
RLAY at TrendMatrix's latest read
Healthcare earnings trade on pipeline and payer dynamics as much as the quarter itself; a beat or miss is weighed against trial and reimbursement news.
- Industry
- Biotechnology
- Market cap
- $3.73B
- P/E (fwd)
- -10.4
- 52-week range
- $5.95–$21.27
- Off 52-week high
- 15.4%
- RSI (14)
- 55
- Volume vs avg
- 0.29×
- Score today
- 4.4/10