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Lantern Pharma Inc. (LTRN)

Healthcare | Biotechnology | Dallas, United States | NasdaqCM
2.07 USD -0.09 (-4.167%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 2.06 -0.01 (-0.007%) ⇩ (Aug. 28, 2026, 7:30 p.m. EDT)

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 3:29 a.m. EDT

Lantern Pharma presents a stark dichotomy between its clinical narrative and its financial reality. While recent Phase 2 trial results and orphan drug recognition have sparked a temporary price rally, the underlying business fundamentals remain deeply distressed. The company is burning through cash with significant negative operating and free cash flows, and its balance sheet is fragile with debt exceeding equity. Crucially, the five-year price trajectory reveals a catastrophic structural decline, losing over 70% of its value despite a single year of recovery; this indicates the market views the current business model as fundamentally broken rather than temporarily undervalued. The massive discount to the analyst mean target price reflects this deep skepticism about the company's ability to execute without substantial capital infusion. With no dividend to provide income and a high beta amplifying volatility, the risk-reward profile is skewed heavily against the investor. The recent price action appears to be a speculative reaction to news headlines rather than a sustainable trend, leaving the stock vulnerable to a sharp correction if clinical milestones do not translate into immediate commercial success.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.267121
AutoARIMA0.272892
AutoETS0.274927
MSTL0.295316

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 30%
H-stat 10.12
Ljung-Box p 0.000
Jarque-Bera p 0.437
Excess Kurtosis -0.39
Attribute Value
Sector Healthcare
Market Cap 26,463,182
Forward P/E -1.02
Beta 2.34
Website https://www.lanternpharma.com

As of Aug. 22, 2026, 3:29 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest concentrated at strikes significantly below the current price (3.0 and 4.0 for Jan '27), suggesting a bearish bias or hedging against further downside. Call activity is sparse and skewed toward out-of-the-money strikes, indicating limited speculative upside conviction despite the recent price surge.


Info Dump

Attribute Value
52 Week Change -0.46401983
Address1 1,920 McKinney Avenue
Address2 7th Floor
All Time High 24.84
All Time Low 1.11
Ask 2.68
Ask Size 2
Average Analyst Rating 1.0 - Strong Buy
Average Daily Volume10 Day 146,200
Average Daily Volume3 Month 152,272
Average Volume 152,272
Average Volume10Days 146,200
Beta 2.335
Bid 1.56
Bid Size 2
Book Value -0.252
City Dallas
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 2.07
Current Ratio 1.957
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 2.1899
Day Low 2.07
Display Name Lantern Pharma
Earnings Call Timestamp End 1,786,712,400
Earnings Call Timestamp Start 1,786,712,400
Earnings Timestamp 1,786,710,600
Earnings Timestamp End 1,794,400,200
Earnings Timestamp Start 1,794,400,200
Ebitda -15,450,090
Ebitda Margins 0.0
Enterprise To Ebitda -1.239
Enterprise Value 19,141,642
Eps Current Year -1.51
Eps Forward -2.02
Eps Trailing Twelve Months -1.56
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 3.0358
Fifty Day Average Change -0.96580005
Fifty Day Average Change Percent -0.31813693
Fifty Two Week Change Percent -46.401985
Fifty Two Week High 4.703
Fifty Two Week High Change -2.6330001
Fifty Two Week High Change Percent -0.55985546
Fifty Two Week Low 1.11
Fifty Two Week Low Change 0.9599999
Fifty Two Week Low Change Percent 0.86486477
Fifty Two Week Range 1.11 - 4.703
Financial Currency USD
First Trade Date Milliseconds 1,591,882,200,000
Float Shares 9,848,267
Forward Eps -2.02
Forward P E -1.0247525
Free Cashflow -8,235,280
Full Exchange Name NasdaqCM
Full Time Employees 16
Fullday Change -0.0900002
Fullday Change Percent -4.16667
Fullday Price 2.0627
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.20284
Held Percent Institutions 0.22566
Implied Shares Outstanding 12,784,146
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ipo Expected Date 2,020-06-11
Is Earnings Date Estimate 0
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 1a clinical trial for the treatment of advanced or metastatic solid tumors, or unresectable or recurrent GBM, 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 leading to fibrosis. The company was incorporated in 2013 and is headquartered in Dallas, Texas.
Long Name Lantern Pharma Inc.
Market us_market
Market Cap 26,463,182
Market State CLOSED
Max Age 86,400
Message Board Id finmb_271124062
Most Recent Quarter 1,782,777,600
Net Income To Common -18,652,936
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 27,613,755
Number Of Analyst Opinions 2
Open 2.17
Operating Cashflow -14,077,633
Operating Margins 0.0
Payout Ratio 0.0
Phone 972 277 1136
Post Market Change -0.0072999
Post Market Change Percent -0.3526522
Post Market Price 2.0627
Post Market Time 1,787,959,806
Previous Close 2.16
Price Eps Current Year -1.3708609
Price Hint 4
Price To Book -8.214285
Profit Margins 0.0
Quick Ratio 1.711
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.0
Region US
Regular Market Change -0.0900002
Regular Market Change Percent -4.16667
Regular Market Day High 2.1899
Regular Market Day Low 2.07
Regular Market Day Range 2.07 - 2.1899
Regular Market Open 2.17
Regular Market Previous Close 2.16
Regular Market Price 2.07
Regular Market Time 1,787,947,201
Regular Market Volume 91,740
Return On Assets -0.74291
Return On Equity -4.00916
Sand P52 Week Change 0.20504117
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 12,784,146
Shares Percent Shares Out 0.0542
Shares Short 693,034
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 945,216
Short Name Lantern Pharma Inc.
Short Percent Of Float 0.0544
Short Ratio 7.79
Source Interval 15
State TX
Symbol LTRN
Target High Price 25.0
Target Low Price 10.0
Target Mean Price 17.5
Target Median Price 17.5
Total Cash 7,361,255
Total Cash Per Share 0.576
Total Debt 39,715
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.56
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.96812
Two Hundred Day Average Change -0.89812016
Two Hundred Day Average Change Percent -0.30258888
Type Disp Equity
Volume 91,740
Website https://www.lanternpharma.com
Zip 75,201