HARP — Stock Film
STOCK FILMSCENE 1/11HARP · $23.01
Stock Expert AI presents
HARP
Harpoon Therapeutics, Inc
~4 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
Harpoon Therapeutics, Inc. What it actually does.

Develops tri-specific T cell activating construct (TriTAC) product candidates. Focuses on harnessing the body's immune system to treat cancer. Now — the numbers.

on the stock market since 2019
45 employees
$865.1M market value
Revenue last year:
$31.9M
The loss that same year:
$67.1M
For every $1 it earns, the company spends $3.

The company is still in the product-building phase: its spending runs far above its sales. That only changes once the product starts selling at scale.

THE SALES TREND
Sales are growing, year after year.

Average growth of 61% a year over the last 4 years. Red columns mark years that ended in a loss.

$4.8M
2018
2019
2020
2021
$31.9M
2022
In the vault right now:
$53.1M
DEBT: $16.0M
At this pace, that money lasts less than a year.

Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.

THE PRICE TAG
MARKET VALUE / ANNUAL SALES
27.1×

This company is not turning a profit, so the market is pricing its sales instead: 27.1× for every dollar of annual revenue.

Analysts' average target sits 2,942% above today's price.

What executives did with their own stock over the last 12 months:
48 buy41 sell

Executives buying with their own money is usually read as confidence in the company’s future.

THE FIVE-YEAR JOURNEY
A long and steep decline.

An investor who bought at the very peak is down 90% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.

1
THE BRIGHT SIDE · 1/3
Sales keep climbing

Over the last 4 years, sales grew about 61% a year on average.

2
THE BRIGHT SIDE · 2/3
The product is selling

Sales run at $31.9M a year. A small number, but proof the product has real buyers.

3
THE BRIGHT SIDE · 3/3
Executives are buying their own stock

Over the last 12 months, company executives reported 48 buys and 41 sells. Management buying with its own money is usually read as a good sign.

1
THE RISKS · 1/2
Small sales, big loss

A loss of $67.1M against $31.9M in annual sales.

2
THE RISKS · 2/2
The cash has a countdown

At the current pace of spending, the cash lasts less than a year. After that, the company needs to find new money.

FINALE · THE GRADE
grade pending

We don’t have a report card for this stock yet — the data isn’t mature enough to grade. No grade is information too: it means the evidence is thin.

One-line summary: few numbers, an untested story. Keep watching.

What would you like to do next?
Open the stock page →

Not covered, because the filings we hold do not carry it: the revenue breakdown.

This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film