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Rani Therapeutics Holdings, Inc. (RANI)

Healthcare | Biotechnology | San Jose, United States | NasdaqGM
0.63 USD -0.05 (-7.945%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 0.63 +0.00 (0.079%) ⇧ (July 13, 2026, 7:31 p.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 5:48 a.m. EDT

The investment case for Rani Therapeutics is currently broken by a catastrophic multi-year price collapse and deteriorating fundamentals. The stock has lost 94.75% of its value over the last three years, with every single year showing a negative return, signaling a deep structural failure in the market's valuation of the business. While the company boasts a pristine balance sheet with minimal debt and a current ratio of 3.4, these strengths are irrelevant in a biotech sector where capital preservation is paramount without a proven product pipeline. The recent partnership with PegBio offers a glimmer of hope for the obesity drug pipeline, but it is insufficient to reverse the trend of eroding shareholder value. Options activity confirms this pessimism, with traders aggressively buying protection at lower strikes while avoiding long calls. With no dividend to provide income and a history of massive annual declines, this is a security to avoid until there is concrete evidence of sustained revenue growth and a stabilization in the share price.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.111765
AutoARIMA0.116989
AutoETS0.117522
MSTL0.117848
MSTL_950.132305
MSTL_78_950.149086
MSTL_780.204735

Forecast horizon: 60 days | Selected: AutoTheta

Forecast Reliability
Score 34%
H-stat 0.08
Ljung-Box p 0.000
Jarque-Bera p 0.337
Excess Kurtosis -0.58
Attribute Value
Sector Healthcare
Debt to Equity Ratio 11.088
Revenue per Share 0.031
Market Cap 86,972,200
Forward P/E -2.92
Beta 0.80
Website https://www.ranitherapeutics.com

As of July 11, 2026, 5:48 a.m. EDT: Speculators are positioning for a continued decline, evidenced by heavy put volume relative to calls across nearly all expirations. Open interest is concentrated significantly out-of-the-money on the downside (strikes at $0.50 and $2.00), while call activity is sparse and mostly clustered near the money or slightly out-of-the-money. This distribution suggests a 'bearish gamma' environment where traders are betting on further downside rather than a recovery.


Info Dump

Attribute Value
52 Week Change -0.01575929
Address1 2,051 Ringwood Avenue
All Time High 36.27
All Time Low 0.387
Ask 0.8041
Ask Size 2
Average Analyst Rating 1.3 - Strong Buy
Average Daily Volume10 Day 712,880
Average Daily Volume3 Month 872,834
Average Volume 872,834
Average Volume10Days 712,880
Beta 0.795
Bid 0.476
Bid Size 2
Book Value 0.285
City San Jose
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 0.6326
Current Ratio 3.399
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 0.6904
Day Low 0.6126
Debt To Equity 11.088
Display Name Rani Therapeutics
Earnings Call Timestamp End 1,774,557,000
Earnings Call Timestamp Start 1,774,557,000
Earnings Timestamp 1,778,875,200
Earnings Timestamp End 1,786,046,400
Earnings Timestamp Start 1,786,046,400
Ebitda -33,826,000
Ebitda Margins 0.0
Enterprise To Ebitda -0.913
Enterprise To Revenue 9.745
Enterprise Value 30,880,656
Eps Current Year -0.18667
Eps Forward -0.21667
Eps Trailing Twelve Months -0.25
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 0.87022
Fifty Day Average Change -0.23762
Fifty Day Average Change Percent -0.27305737
Fifty Two Week Change Percent -1.5759289
Fifty Two Week High 3.87
Fifty Two Week High Change -3.2373998
Fifty Two Week High Change Percent -0.8365374
Fifty Two Week Low 0.387
Fifty Two Week Low Change 0.24560001
Fifty Two Week Low Change Percent 0.6346254
Fifty Two Week Range 0.387 - 3.87
Financial Currency USD
First Trade Date Milliseconds 1,627,651,800,000
Float Shares 69,146,454
Forward Eps -0.21667
Forward P E -2.9196475
Free Cashflow -5,224,000
Full Exchange Name NasdaqGM
Full Time Employees 69
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 3,169,000
Has Pre Post Market Data 1
Held Percent Insiders 0.049879998
Held Percent Institutions 0.43883
Implied Shares Outstanding 137,483,705
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ipo Expected Date 2,021-07-30
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Rani Therapeutics Holdings, Inc. operates as a clinical stage biotherapeutics company, focusing on technologies to enable the administration of biologics and drugs orally for patients, physicians, and healthcare systems with a alternative to painful injections in the United States. The company develops the RaniPill capsule, a drug-agnostic oral delivery platform to deliver a variety of drug substances, including oligonucleotides, peptides, proteins, and antibodies. Its product pipeline includes RT-105, an anti-TNF-alpha antibody that is in preclinical studies to treat rheumatoid arthritis; RT-116 which is in discovery stage for the treatment of obesity; RT-117 for rare diseases; and RT-111, an ustekinumab biosimilar for the treatment of various inflammatory conditions. The company has a collaboration agreement with ProGen Co., Ltd. for the o-development and commercialization of RT-114 to treat obesity; Chugai Pharmaceutical Co., Ltd. to commercialize the Chugai Product combining Chugai's Compound, which is in development for hemophilia, and the RaniPill HC oral delivery device for use in humans; and has a research and development collaboration with PegBio Co., Ltd. to expand obesity pipeline across multiple novel candidates. Rani Therapeutics Holdings, Inc. was founded in 2012 and is headquartered in San Jose, California.
Long Name Rani Therapeutics Holdings, Inc.
Market us_market
Market Cap 86,972,200
Market State PREPRE
Max Age 86,400
Message Board Id finmb_242425883
Most Recent Quarter 1,774,915,200
Net Income To Common -29,442,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 77,233,825
Number Of Analyst Opinions 4
Open 0.6904
Operating Cashflow -17,062,000
Operating Margins -4.88232
Payout Ratio 0.0
Phone 408 457 3700
Post Market Change 0.00049996376
Post Market Change Percent 0.07903316
Post Market Price 0.6331
Post Market Time 1,783,985,505
Previous Close 0.6872
Price Eps Current Year -3.388868
Price Hint 4
Price To Book 2.219649
Price To Sales Trailing12 Months 27.444683
Profit Margins 0.0
Quick Ratio 3.285
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.25
Region US
Regular Market Change -0.0546
Regular Market Change Percent -7.94528
Regular Market Day High 0.6904
Regular Market Day Low 0.6126
Regular Market Day Range 0.6126 - 0.6904
Regular Market Open 0.6904
Regular Market Previous Close 0.6872
Regular Market Price 0.6326
Regular Market Time 1,783,972,800
Regular Market Volume 1,103,704
Return On Assets -0.56964
Return On Equity -2.39962
Revenue Growth 8.93
Revenue Per Share 0.031
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 112,389,152
Shares Percent Shares Out 0.0808
Shares Short 9,080,206
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 7,383,189
Short Name Rani Therapeutics Holdings, Inc
Short Percent Of Float 0.083000004
Short Ratio 12.08
Source Interval 15
State CA
Symbol RANI
Target High Price 11.0
Target Low Price 5.0
Target Mean Price 7.5
Target Median Price 7.0
Total Cash 43,403,000
Total Cash Per Share 0.434
Total Debt 3,941,000
Total Revenue 3,169,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.25
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 1.187435
Two Hundred Day Average Change -0.554835
Two Hundred Day Average Change Percent -0.46725506
Type Disp Equity
Volume 1,103,704
Website https://www.ranitherapeutics.com
Zip 95,131