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Eledon Pharmaceuticals, Inc. (ELDN)

Healthcare | Biotechnology | Irvine, United States | NasdaqCM
3.98 USD +0.25 (6.702%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 4.06 +0.08 (2.010%) ⇧ (April 17, 2026, 7:59 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 11, 2026, 1:34 p.m. EDT

ELDN is a highly volatile stock with a significant short interest and negative earnings, indicating a weak financial position. The recent price movements show a lack of consistent momentum, with frequent fluctuations. The stock has a low market cap and is heavily influenced by institutional ownership, which may not be a strong indicator of long-term growth. The lack of dividends and the negative financial metrics suggest that this is not a suitable investment for dividend-focused or long-term investors. Short-term traders might consider the recent dips as potential buying opportunities, but the overall risk profile and forecasting model stats suggest a lack of reliable short-term price direction.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.156748
AutoETS0.161734
AutoTheta0.463220
AutoARIMA0.742707

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 42%
H-stat 20.14
Ljung-Box p 0.000
Jarque-Bera p 0.117
Excess Kurtosis -1.51
Attribute Value
Sector Healthcare
Debt to Equity Ratio 0.469
Market Cap 316,928,576
Forward P/E -4.95
Beta 0.84
Website https://eledon.com

As of April 11, 2026, 1:34 p.m. EDT: Options speculators are showing a mixed sentiment. There is significant positioning in the puts, especially around the $2.5 strike, indicating potential bearish sentiment or a defensive stance. The calls show a concentration around the $5.0 strike, which is significantly out of the money, suggesting some bullish speculation, although the volume and open interest are relatively low. The IV for calls and puts is moderate, but the overall options activity suggests uncertainty about the short-term direction of ELDN. The top OI for puts and calls is at the $5.0 strike, which could indicate a potential price target or a psychological level where traders are placing bets.


Info Dump

Attribute Value
52 Week Change 0.33557045
Address1 19,800 MacArthur Boulevard
Address2 Suite 250
All Time High 4,860.0
All Time Low 1.07
Ask 4.01
Ask Size 13
Audit Risk 10
Average Daily Volume10 Day 1,794,190
Average Daily Volume3 Month 1,168,987
Average Volume 1,168,987
Average Volume10Days 1,794,190
Beta 0.84
Bid 3.92
Bid Size 13
Board Risk 7
Book Value 1.811
City Irvine
Compensation As Of Epoch Date 1,735,603,200
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 3.98
Current Ratio 7.397
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 4.15
Day Low 3.825
Debt To Equity 0.469
Display Name Eledon Pharmaceuticals
Dividend Date 1,601,856,000
Earnings Timestamp End 1,778,702,400
Earnings Timestamp Start 1,778,702,400
Ebitda Margins 0.0
Enterprise Value 169,194,848
Eps Current Year -0.955
Eps Forward -0.80333
Eps Trailing Twelve Months -0.52
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 2.7226
Fifty Day Average Change 1.2574
Fifty Day Average Change Percent 0.46183798
Fifty Two Week Change Percent 33.557045
Fifty Two Week High 4.6
Fifty Two Week High Change -0.6199999
Fifty Two Week High Change Percent -0.13478258
Fifty Two Week Low 1.35
Fifty Two Week Low Change 2.63
Fifty Two Week Low Change Percent 1.9481483
Fifty Two Week Range 1.35 - 4.6
Financial Currency USD
First Trade Date Milliseconds 1,410,960,600,000
Float Shares 68,594,229
Forward Eps -0.80333
Forward P E -4.954377
Free Cashflow -33,657,876
Full Exchange Name NasdaqCM
Full Time Employees 33
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.011360001
Held Percent Institutions 0.62229997
Implied Shares Outstanding 79,630,298
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,601,856,000
Last Split Factor 1:18
Long Business Summary Eledon Pharmaceuticals, Inc. operates as a clinical stage biotechnology company. It uses its immunology expertise in targeting the CD40 Ligand (CD40L) pathway to develop therapies to protect transplanted organs and prevent rejection, and to treat amyotrophic lateral sclerosis (ALS). The company's lead compound in development is tegoprubart, an IgG1 and anti-CD40L antibody with high affinity for CD40 Ligand, a biological target with therapeutic potential. It is also developing its products for the prevention of allograft rejection in kidney transplantation and xenotransplantation. The company has a collaboration agreement with eGenesis, Inc.; and a strategic collaboration with NewcelX Ltd. for the development of the NCEL-101 therapy for Type 1 Diabetes. The company was formerly known as Novus Therapeutics, Inc. and changed its name to Eledon Pharmaceuticals, Inc. in January 2021. Eledon Pharmaceuticals, Inc. is headquartered in Irvine, California.
Long Name Eledon Pharmaceuticals, Inc.
Market us_market
Market Cap 316,928,576
Market State CLOSED
Max Age 86,400
Message Board Id finmb_62494905
Most Recent Quarter 1,767,139,200
Net Income To Common -45,617,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 301,889,853
Number Of Analyst Opinions 6
Open 3.83
Operating Cashflow -62,341,000
Operating Margins 0.0
Overall Risk 8
Payout Ratio 0.0
Phone 949 238 8090
Post Market Change 0.07999992
Post Market Change Percent 2.0100484
Post Market Price 4.06
Post Market Time 1,776,470,360
Previous Close 3.73
Price Eps Current Year -4.1675396
Price Hint 4
Price To Book 2.197681
Profit Margins 0.0
Quick Ratio 7.297
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.25
Regular Market Change Percent 6.70241
Regular Market Day High 4.15
Regular Market Day Low 3.825
Regular Market Day Range 3.825 - 4.15
Regular Market Open 3.83
Regular Market Previous Close 3.73
Regular Market Price 3.98
Regular Market Time 1,776,456,001
Regular Market Volume 4,349,427
Return On Assets -0.30040002
Return On Equity -0.35789
Sand P52 Week Change 0.38150132
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 7
Shares Outstanding 75,851,722
Shares Percent Shares Out 0.094799995
Shares Short 7,193,953
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 6,458,931
Short Name Eledon Pharmaceuticals, Inc.
Short Percent Of Float 0.1035
Short Ratio 4.7
Source Interval 15
State CA
Symbol ELDN
Target High Price 12.0
Target Low Price 4.0
Target Mean Price 8.0
Target Median Price 8.5
Total Cash 133,336,000
Total Cash Per Share 1.758
Total Debt 641,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.52
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.5953
Two Hundred Day Average Change 1.3847001
Two Hundred Day Average Change Percent 0.53354144
Type Disp Equity
Volume 4,349,427
Website https://eledon.com
Zip 92,612