| Indicators | Browse All

Connect Biopharma Holdings Limited (CNTB)

Healthcare | Biotechnology | San Diego, United States | NasdaqGM
2.26 USD -0.25 (-9.960%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 2.25 -0.01 (-0.010%) ⇩ (July 13, 2026, 7:41 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 7:07 a.m. EDT

Connect Biopharma presents a classic biotech dilemma: a 'strong buy' analyst consensus driven by potential clinical milestones clashes violently with the reality of a company burning cash and trading at a negative earnings multiple. Fundamentally, the business is under severe stress; operating cash flow is negative $57 million, free cash flow is negative $34 million, and the company is hemorrhaging value with no dividend to cushion the blow. While the stock has recovered significantly from its 2022 lows, the trajectory remains precarious with a massive gap between the current price and the analyst mean target, implying a reliance on binary events rather than sustainable operations. The options market reflects this uncertainty with low participation and mixed signals, offering no clear roadmap for the near term. Until the company demonstrates a path to profitability or a definitive catalyst that bridges the valuation gap, the investment case remains speculative.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_126 ✓0.217027
AutoTheta0.251688
AutoETS0.259725
AutoARIMA0.260236
MSTL0.268532

Forecast horizon: 60 days | Selected: MSTL_126

Forecast Reliability
Score 32%
H-stat 1.90
Ljung-Box p 0.000
Jarque-Bera p 0.245
Excess Kurtosis -1.03
Attribute Value
Sector Healthcare
Debt to Equity Ratio 1.626
Revenue per Share 0.004
Market Cap 142,298,304
Forward P/E -2.77
Website https://www.connectbiopharm.com

As of July 11, 2026, 7:07 a.m. EDT: Options activity is sparse and lacks directional conviction. Call volume is negligible across expirations, while put activity is minimal but shows fresh inflow at the money strikes recently. Open interest is heavily skewed toward out-of-the-money calls at the $5.00 strike, suggesting speculative hopes for a massive rally, yet the lack of corresponding call volume and the presence of new put buying indicate a market waiting for a catalyst rather than actively betting on a specific direction.


Info Dump

Attribute Value
52 Week Change 0.78014183
Address1 3,580 Carmel Mountain Road
Address2 Suite 200
All Time High 29.274
All Time Low 0.51
Ask 2.9
Ask Size 2
Average Analyst Rating 1.1 - Strong Buy
Average Daily Volume10 Day 886,140
Average Daily Volume3 Month 352,481
Average Volume 352,481
Average Volume10Days 886,140
Bid 1.78
Bid Size 2
Book Value 0.68
City San Diego
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 2.26
Current Ratio 3.228
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 2.49
Day Low 2.23
Debt To Equity 1.626
Display Name Connect Biopharma
Earnings Timestamp End 1,758,283,200
Earnings Timestamp Start 1,757,069,940
Ebitda -65,539,000
Ebitda Margins 0.0
Enterprise To Ebitda -1.479
Enterprise To Revenue 416.126
Enterprise Value 96,957,304
Eps Current Year -1.05833
Eps Forward -0.81667
Eps Trailing Twelve Months -1.15
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 2.303
Fifty Day Average Change -0.042999983
Fifty Day Average Change Percent -0.018671291
Fifty Two Week Change Percent 78.01418
Fifty Two Week High 3.82
Fifty Two Week High Change -1.56
Fifty Two Week High Change Percent -0.40837696
Fifty Two Week Low 1.23
Fifty Two Week Low Change 1.03
Fifty Two Week Low Change Percent 0.83739835
Fifty Two Week Range 1.23 - 3.82
Financial Currency USD
First Trade Date Milliseconds 1,616,160,600,000
Float Shares 18,850,118
Forward Eps -0.81667
Forward P E -2.7673357
Free Cashflow -33,877,248
Full Exchange Name NasdaqGM
Full Time Employees 64
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 233,000
Has Pre Post Market Data 1
Held Percent Insiders 0.31824
Held Percent Institutions 0.55556
Implied Shares Outstanding 62,963,853
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ipo Expected Date 2,021-03-19
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Connect Biopharma Holdings Limited operates as a clinical-stage biopharmaceutical company in the United States. It develops rademikibart, a human monoclonal IgG4 antibody directed against IL-4Ra in two Phase 2 trials for the treatment of acute exacerbations of asthma and chronic obstructive pulmonary disease (COPD). The company was founded in 2012 and is headquartered in San Diego, California.
Long Name Connect Biopharma Holdings Limited
Market us_market
Market Cap 142,298,304
Market State PREPRE
Max Age 86,400
Message Board Id finmb_706016439
Most Recent Quarter 1,774,915,200
Net Income To Common -64,606,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 158,039,271
Number Of Analyst Opinions 8
Open 2.49
Operating Cashflow -57,252,000
Operating Margins -116.01775
Payout Ratio 0.0
Phone 877 245 2787
Post Market Change -0.009500027
Post Market Change Percent -0.42035517
Post Market Price 2.2505
Post Market Time 1,783,986,072
Previous Close 2.51
Price Eps Current Year -2.1354396
Price Hint 4
Price To Book 3.3235295
Price To Sales Trailing12 Months 610.72235
Profit Margins 0.0
Quick Ratio 2.859
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.125
Region US
Regular Market Change -0.25
Regular Market Change Percent -9.96016
Regular Market Day High 2.49
Regular Market Day Low 2.23
Regular Market Day Range 2.23 - 2.49
Regular Market Open 2.49
Regular Market Previous Close 2.51
Regular Market Price 2.26
Regular Market Time 1,783,972,801
Regular Market Volume 481,495
Return On Assets -0.54201
Return On Equity -1.0294
Revenue Per Share 0.004
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 62,963,853
Shares Percent Shares Out 0.0211
Shares Short 1,327,642
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 1,166,987
Short Name Connect Biopharma Holdings Limi
Short Percent Of Float 0.0299
Short Ratio 2.98
Source Interval 15
State CA
Symbol CNTB
Target High Price 10.0
Target Low Price 4.0
Target Mean Price 7.125
Target Median Price 7.0
Total Cash 46,034,000
Total Cash Per Share 0.731
Total Debt 693,000
Total Revenue 233,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.15
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.360555
Two Hundred Day Average Change -0.10055494
Two Hundred Day Average Change Percent -0.04259801
Type Disp Equity
Volume 481,495
Website https://www.connectbiopharm.com
Zip 92,130