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Cingulate Inc. (CING)

Healthcare | Biotechnology | Kansas City, United States | NasdaqCM
4.68 USD -0.23 (-4.684%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:17 a.m. EDT

The investment case for Cingulate is currently broken by a catastrophic multi-year decline. The stock has lost nearly 99% of its value over the last three years, with every single year showing negative returns. While the company possesses a promising ADHD drug candidate and has recently joined the Russell 3000E index, the market has priced in severe structural deterioration, likely due to the massive drop in share count following the split from its parent entity. Fundamentally, the business is burning cash with negative free cash flow and no dividends to support shareholders. The options market confirms this pessimism, with traders pouring capital into deep out-of-the-money puts to hedge against further collapse. Despite the lofty analyst price targets which ignore the reality of the delisting risk and dilution, the data suggests a high-risk speculative vehicle rather than a viable investment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.077002
AutoARIMA0.084463
AutoETS0.100236
MSTL0.105734
MSTL_550.155355
MSTL_770.162991
MSTL_55_770.210099

Forecast horizon: 60 days | Selected: AutoTheta

Forecast Reliability
Score 28%
H-stat 3.20
Ljung-Box p 0.000
Jarque-Bera p 0.234
Excess Kurtosis 0.68
Attribute Value
Sector Healthcare
Debt to Equity Ratio 39.38
Market Cap 63,035,088
Forward P/E -6.32
Beta -0.92
Website https://www.cingulate.com

As of July 11, 2026, 6:17 a.m. EDT: Speculators are aggressively positioning for downside protection, evidenced by massive put volume and open interest at the $2.50 strike across multiple expirations, particularly in August and November. This 'new flow' indicates a strong hedging or bearish bet against further declines. Conversely, call activity is negligible and concentrated near the money, suggesting a lack of speculative bullish conviction despite the elevated implied volatility which reflects fear rather than expected upside.


Info Dump

Attribute Value
52 Week Change 0.035398245
Address1 1,901 West 47th Place
All Time High 1,236.0
All Time Low 1.8
Ask 5.84
Ask Size 2
Average Daily Volume10 Day 387,090
Average Daily Volume3 Month 563,606
Average Volume 563,606
Average Volume10Days 387,090
Beta -0.915
Bid 3.45
Bid Size 2
Book Value 1.584
City Kansas City
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 4.68
Current Ratio 2.547
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 4.9
Day Low 4.51
Debt To Equity 39.38
Display Name Cingulate
Ebitda -23,658,508
Ebitda Margins 0.0
Enterprise To Ebitda -1.846
Enterprise Value 43,667,564
Eps Current Year -2.3
Eps Forward -0.74
Eps Trailing Twelve Months -4.33
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 4.8383
Fifty Day Average Change -0.1583004
Fifty Day Average Change Percent -0.032718185
Fifty Two Week Change Percent 3.5398245
Fifty Two Week High 11.89
Fifty Two Week High Change -7.2100005
Fifty Two Week High Change Percent -0.60639197
Fifty Two Week Low 3.16
Fifty Two Week Low Change 1.5199997
Fifty Two Week Low Change Percent 0.48101255
Fifty Two Week Range 3.16 - 11.89
Financial Currency USD
First Trade Date Milliseconds 1,638,973,800,000
Float Shares 12,944,387
Forward Eps -0.74
Forward P E -6.324324
Free Cashflow -11,919,704
Full Exchange Name NasdaqCM
Full Time Employees 14
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Gross Profits -9,735,749
Has Pre Post Market Data 1
Held Percent Insiders 0.30539
Held Percent Institutions 0.08859
Implied Shares Outstanding 13,469,036
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ipo Expected Date 2,021-12-08
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,723,161,600
Last Split Factor 1:12
Long Business Summary Cingulate Inc., a biopharmaceutical company, develops pharmaceutical products using its drug delivery platform technology for the treatment of attention deficit/hyperactivity disorder (ADHD) and anxiety in the United States. The company's lead product candidate is CTx-1301 (dexmethylphenidate), which is in Phase 3 clinical trials for the treatment of ADHD in children, adolescents, and adults. It also develops CTx-2103 (buspirone), which is in a formulation stage for the treatment of anxiety. In addition, the company plans to initiate a clinical plan for CTx-1302 (dextroamphetamine) to treat ADHD. Cingulate Inc. was founded in 2012 and is headquartered in Kansas City, Kansas.
Long Name Cingulate Inc.
Market us_market
Market Cap 63,035,088
Market State PRE
Max Age 86,400
Message Board Id finmb_1674914781
Most Recent Quarter 1,774,915,200
Net Income To Common -27,909,322
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 63,035,088
Number Of Analyst Opinions 5
Open 4.9
Operating Cashflow -19,549,860
Operating Margins 0.0
Payout Ratio 0.0
Phone 913 942 2300
Pre Market Change 0.01999998
Pre Market Change Percent 0.42735004
Pre Market Price 4.7
Pre Market Time 1,784,027,982
Previous Close 4.91
Price Eps Current Year -2.0347826
Price Hint 4
Price To Book 2.9545453
Profit Margins 0.0
Quick Ratio 2.373
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.23
Regular Market Change Percent -4.68432
Regular Market Day High 4.9
Regular Market Day Low 4.51
Regular Market Day Range 4.51 - 4.9
Regular Market Open 4.9
Regular Market Previous Close 4.91
Regular Market Price 4.68
Regular Market Time 1,783,972,801
Regular Market Volume 345,882
Return On Assets -0.69682
Return On Equity -2.2511399
Sand P52 Week Change 0.20365608
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 13,469,036
Shares Percent Shares Out 0.1021
Shares Short 1,375,106
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 1,959,020
Short Name Cingulate Inc.
Short Percent Of Float 0.1471
Short Ratio 2.02
Source Interval 15
State KS
Symbol CING
Target High Price 52.0
Target Low Price 8.0
Target Mean Price 23.0
Target Median Price 20.0
Total Cash 25,893,210
Total Cash Per Share 1.95
Total Debt 7,428,991
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -4.33
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 5.047975
Two Hundred Day Average Change -0.36797523
Two Hundred Day Average Change Percent -0.07289562
Type Disp Equity
Volume 345,882
Website https://www.cingulate.com
Zip 66,205