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Lantern Pharma Inc. (LTRN)

Healthcare | Biotechnology | Dallas, United States | NasdaqCM
2.49 USD -0.05 (-1.969%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 2.43 -0.06 (-0.060%) ⇩ (April 17, 2026, 7:47 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 10:16 p.m. EDT

Limited Tier-Biotech. The fundamental profile is broken (negative EPS, cash bleed, |¥0.9M burn rate, and a marked 'Going Concern' concern from auditors), capping any attempt at a multi-year hold at a 0-star rating. While recent price action shows a rebound and analyst targets imply massive upside, the lack of analyst medium-term coverage and the heavy speculative hedging in the options chain ('short' rating) suggest this is a 'momentum or nothing' contrarian play suitable only for high-risk tolerance traders avoiding the upcoming earnings revelation.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.350013
AutoARIMA0.354500
AutoETS0.373502
MSTL0.393656

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 23%
H-stat 11.92
Ljung-Box p 0.000
Jarque-Bera p 0.003
Excess Kurtosis 0.86
Attribute Value
Sector Healthcare
Debt to Equity Ratio 1.202
Market Cap 28,024,196
Forward P/E -1.23
Beta 1.75
Website https://www.lanternpharma.com

As of April 18, 2026, 10:16 p.m. EDT: Options flow reveals a bifurcated sentiment. Near-term (April 17), Call IV (5.84) is significantly lower than Put IV (14.31), indicating speculators are paying a substantial premium for downside protection despite current positive price momentum. However, medium-term Call IVs are suppressed (2.02-2.23), suggesting relative stability or lack of directional conviction for the 2-4 month horizon. Open Interest skews intriguingly: aggressive buying of OTM calls at $4.00 (July expiration) vs. significant embedded OTM puts at $1.00, creating a non-linear payoff that favors a volatile breakout over gradual consolidation.


Info Dump

Attribute Value
52 Week Change -0.19935691
Address1 1,920 McKinney Avenue
Address2 7th Floor
All Time High 24.84
All Time Low 1.11
Ask 2.57
Ask Size 3
Average Daily Volume10 Day 342,290
Average Daily Volume3 Month 557,606
Average Volume 557,606
Average Volume10Days 342,290
Beta 1.748
Bid 2.44
Bid Size 3
Book Value 0.581
City Dallas
Compensation As Of Epoch Date 1,735,603,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 2.49
Current Ratio 2.4
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 2.7353
Day Low 2.32
Debt To Equity 1.202
Display Name Lantern Pharma
Earnings Call Timestamp End 1,774,902,600
Earnings Call Timestamp Start 1,774,902,600
Earnings Timestamp 1,774,900,800
Earnings Timestamp End 1,778,788,800
Earnings Timestamp Start 1,778,788,800
Ebitda -17,961,214
Ebitda Margins 0.0
Enterprise To Ebitda -1.001
Enterprise Value 17,983,510
Eps Current Year -1.57
Eps Forward -2.02
Eps Trailing Twelve Months -1.57
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 2.36848
Fifty Day Average Change 0.12152004
Fifty Day Average Change Percent 0.051307186
Fifty Two Week Change Percent -19.935692
Fifty Two Week High 5.744
Fifty Two Week High Change -3.254
Fifty Two Week High Change Percent -0.5665042
Fifty Two Week Low 1.11
Fifty Two Week Low Change 1.38
Fifty Two Week Low Change Percent 1.2432432
Fifty Two Week Range 1.11 - 5.744
Financial Currency USD
First Trade Date Milliseconds 1,591,882,200,000
Float Shares 8,442,148
Forward Eps -2.02
Forward P E -1.2326733
Free Cashflow -9,179,892
Full Exchange Name NasdaqCM
Full Time Employees 16
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.1858
Held Percent Institutions 0.18726
Implied Shares Outstanding 11,254,697
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ipo Expected Date 2,020-06-11
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Lantern Pharma Inc. focuses on the discovery and development of oncology drug in India. Its product pipeline comprises LP-300, which is in phase 2 clinical trial in combination therapy for never-smokers with non-small cell lung cancer adenocarcinoma; LP-184, which is in phase 1 clinical trial for the treatment of solid tumor, such as pancreatic, breast, bladder, and lung cancers, as well as glioblastoma and other central nervous system (CNS) cancers; and LP-284, which is in phase 1 clinical trial for the treatment of non-Hodgkin's lymphomas, including mantle cell lymphoma and double hit lymphoma. The company also develops STAR-001, which is in preclinical development for the treatment of glioblastoma, brain metastases, atypical teratoid rhabdoid tumors, and several rare pediatric CNS cancers. In addition, it provides ADC program, an antibody drug conjugate therapeutic approach for cancer treatment. The company has a strategic AI-driven collaboration with Oregon Therapeutics to optimize the development of its first-in-class protein disulfide isomerase inhibitor drug candidate XCE853 in novel and targeted cancer indications; a collaboration agreement with TTC Oncology, which focuses on the drug development of TTC-352 to treat patients with metastatic ER+ breast cancer; and a collaboration agreement with Actuate Therapeutics, Inc. that focuses on the development of compounds for use in the treatment of cancer and inflammatory diseases. The company was incorporated in 2013 and is headquartered in Dallas, Texas.
Long Name Lantern Pharma Inc.
Market us_market
Market Cap 28,024,196
Market State CLOSED
Max Age 86,400
Message Board Id finmb_271124062
Most Recent Quarter 1,767,139,200
Net Income To Common -17,119,438
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 28,361,836
Number Of Analyst Opinions 2
Open 2.7
Operating Cashflow -15,676,980
Operating Margins 0.0
Payout Ratio 0.0
Phone 972 277 1136
Post Market Change -0.059999943
Post Market Change Percent -2.4096363
Post Market Price 2.43
Post Market Time 1,776,469,638
Previous Close 2.54
Price Eps Current Year -1.5859872
Price Hint 4
Price To Book 4.2857146
Profit Margins 0.0
Quick Ratio 2.255
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.05
Regular Market Change Percent -1.9685
Regular Market Day High 2.7353
Regular Market Day Low 2.32
Regular Market Day Range 2.32 - 2.7353
Regular Market Open 2.7
Regular Market Previous Close 2.54
Regular Market Price 2.49
Regular Market Time 1,776,456,001
Regular Market Volume 229,311
Return On Assets -0.61389
Return On Equity -1.23508
Sand P52 Week Change 0.38150132
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 11,254,697
Shares Percent Shares Out 0.1942
Shares Short 2,185,435
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 328,147
Short Name Lantern Pharma Inc.
Short Percent Of Float 0.195
Short Ratio 1.79
Source Interval 15
State TX
Symbol LTRN
Target High Price 25.0
Target Low Price 15.0
Target Mean Price 20.0
Target Median Price 20.0
Total Cash 10,119,224
Total Cash Per Share 0.899
Total Debt 78,539
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.57
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 3.48477
Two Hundred Day Average Change -0.99477005
Two Hundred Day Average Change Percent -0.28546217
Type Disp Equity
Volume 229,311
Website https://www.lanternpharma.com
Zip 75,201