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Black Diamond Therapeutics, Inc. (BDTX)

Healthcare | Biotechnology | Cambridge, United States | NasdaqGS
2.23 USD -0.04 (-1.762%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 2.23

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:19 a.m. EDT

The investment case here is severely compromised by a brutal five-year price trajectory that has erased over 90% of the company's value. Despite a recent quarterly earnings beat and a 'strong buy' recommendation from analysts, the market has priced in a catastrophic failure of the business model, likely due to the lack of commercialized products and persistent losses. The balance sheet, while currently liquid, faces an existential threat given the massive cash burn and the absence of a clear path to profitability without further dilution. The recent price action shows a fragile recovery attempt, but the statistical forecast offers no directional guidance, and the options market is screaming caution with heavy put positioning. This is a high-risk speculative vehicle where the gap between analyst optimism and the reality of the balance sheet is too wide to ignore.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.160655
AutoTheta0.189836
AutoARIMA0.194773
AutoETS0.195052

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 38%
H-stat 1.15
Ljung-Box p 0.000
Jarque-Bera p 0.154
Excess Kurtosis 0.54
Attribute Value
Sector Healthcare
Debt to Equity Ratio 17.66
Market Cap 128,121,856
Forward P/E -2.23
Beta 3.29
Website https://www.blackdiamondtherapeutics.com

As of Aug. 22, 2026, 4:19 a.m. EDT: Speculators are positioning for a significant downside move, evidenced by massive put volume at the $5.00 strike for September expiration compared to negligible call interest. While there is some call activity at higher strikes ($7.50) suggesting a speculative 'lottery ticket' mentality, the overwhelming majority of open interest and volume in puts indicates a bearish bias where traders are betting against a potential collapse or stagnation rather than a rally.


Info Dump

Attribute Value
52 Week Change -0.20357144
Address1 245 First Street
Address2 18th Floor
All Time High 46.25
All Time Low 1.18
Ask 2.3
Ask Size 2
Average Analyst Rating 1.5 - Strong Buy
Average Daily Volume10 Day 571,930
Average Daily Volume3 Month 1,215,122
Average Volume 1,215,122
Average Volume10Days 571,930
Beta 3.288
Bid 1.65
Bid Size 2
Book Value 1.673
City Cambridge
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 2.23
Current Ratio 7.284
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 2.2899
Day Low 2.17
Debt To Equity 17.66
Display Name Black Diamond Therapeutics
Earnings Timestamp 1,785,960,000
Earnings Timestamp End 1,793,908,800
Earnings Timestamp Start 1,793,908,800
Ebitda -44,349,000
Ebitda Margins 0.0
Enterprise To Ebitda -0.78
Enterprise Value 34,585,856
Eps Current Year -0.56667
Eps Forward -1.0
Eps Trailing Twelve Months -0.74
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 1.9077
Fifty Day Average Change 0.32230008
Fifty Day Average Change Percent 0.16894695
Fifty Two Week Change Percent -20.357143
Fifty Two Week High 4.94
Fifty Two Week High Change -2.71
Fifty Two Week High Change Percent -0.548583
Fifty Two Week Low 1.6
Fifty Two Week Low Change 0.63
Fifty Two Week Low Change Percent 0.39374998
Fifty Two Week Range 1.6 - 4.94
Financial Currency USD
First Trade Date Milliseconds 1,580,481,000,000
Float Shares 52,601,778
Forward Eps -1.0
Forward P E -2.23
Free Cashflow -23,577,500
Full Exchange Name NasdaqGS
Full Time Employees 21
Fullday Change -0.04
Fullday Change Percent -1.76211
Fullday Price 2.23
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Gross Profits 0
Has Pre Post Market Data 1
Held Percent Insiders 0.0064999997
Held Percent Institutions 0.72519994
Implied Shares Outstanding 57,453,747
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Black Diamond Therapeutics, Inc., a clinical-stage oncology company, focuses on the discovery and development of MasterKey therapies for patients with genetically defined tumors. The company's lead product candidate is silevertinib, a brain-penetrant epidermal growth factor receptor MasterKey inhibitor, which is in Phase 2 clinical trial for the treatment of epidermal growth factor receptor mutant non-small cell lung cancer, as well as Phase 2 clinical trial to treat glioblastoma. It is also developing BDTX-4933, a brain-penetrant RAF MasterKey inhibitor targeting KRAS, NRAS, and BRAF alterations in solid tumors that is in Phase 1 clinical trial. In addition, the company is developing BDTX-4876, a MasterKey inhibitor of oncogenic FGFR2/3 mutations with selectivity versus FGFR1/4, which is in preclinical stage. The company was formerly known as ASET Therapeutics, Inc. and changed its name to Black Diamond Therapeutics, Inc. in January 2018. Black Diamond Therapeutics, Inc. was incorporated in 2014 and is headquartered in Cambridge, Massachusetts.
Long Name Black Diamond Therapeutics, Inc.
Market us_market
Market Cap 128,121,856
Market State CLOSED
Max Age 86,400
Message Board Id finmb_424913244
Most Recent Quarter 1,782,777,600
Net Income To Common -42,555,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 130,420,005
Number Of Analyst Opinions 7
Open 2.28
Operating Cashflow -32,837,000
Operating Margins 0.0
Payout Ratio 0.0
Phone 617 252 0848
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 2.23
Post Market Time 1,787,959,806
Previous Close 2.27
Price Eps Current Year -3.935271
Price Hint 4
Price To Book 1.3329349
Price To Sales Trailing12 Months Infinity
Profit Margins 0.0
Quick Ratio 6.975
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.5
Region US
Regular Market Change -0.04
Regular Market Change Percent -1.76211
Regular Market Day High 2.2899
Regular Market Day Low 2.17
Regular Market Day Range 2.17 - 2.2899
Regular Market Open 2.28
Regular Market Previous Close 2.27
Regular Market Price 2.23
Regular Market Time 1,787,947,201
Regular Market Volume 521,910
Return On Assets -0.19112
Return On Equity -0.37215
Revenue Per Share 0.0
Sand P52 Week Change 0.20204377
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 57,453,747
Shares Percent Shares Out 0.107700005
Shares Short 6,185,629
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 5,851,617
Short Name Black Diamond Therapeutics, Inc
Short Percent Of Float 0.1547
Short Ratio 9.51
Source Interval 15
State MA
Symbol BDTX
Target High Price 14.0
Target Low Price 8.0
Target Mean Price 10.0
Target Median Price 10.0
Total Cash 110,506,000
Total Cash Per Share 1.923
Total Debt 16,970,000
Total Revenue 0
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.74
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.45445
Two Hundred Day Average Change -0.22444987
Two Hundred Day Average Change Percent -0.0914461
Type Disp Equity
Volume 521,910
Website https://www.blackdiamondtherapeutics.com
Zip 2,142