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Notable Labs Inc. (NTBL)NTBL
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Upturn Advisory Summary
11/20/2024: NTBL (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: PASS |
Historic Profit: -94.09% | Upturn Advisory Performance 1 | Avg. Invested days: 25 |
Profits based on simulation | Stock Returns Performance 1 | Last Close 11/20/2024 |
Type: Stock | Today’s Advisory: PASS |
Historic Profit: -94.09% | Avg. Invested days: 25 |
Upturn Star Rating | Stock Returns Performance 1 |
Profits based on simulation Last Close 11/20/2024 | Upturn Advisory Performance 1 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 2.39M USD |
Price to earnings Ratio - | 1Y Target Price 9 |
Dividends yield (FY) - | Basic EPS (TTM) -1.09 |
Volume (30-day avg) 5472174 | Beta - |
52 Weeks Range 0.01 - 4.24 | Updated Date 11/20/2024 |
Company Size Small-Cap Stock | Market Capitalization 2.39M USD | Price to earnings Ratio - | 1Y Target Price 9 |
Dividends yield (FY) - | Basic EPS (TTM) -1.09 | Volume (30-day avg) 5472174 | Beta - |
52 Weeks Range 0.01 - 4.24 | Updated Date 11/20/2024 |
Earnings Date
Report Date 2024-11-12 | When BeforeMarket |
Estimate -0.68 | Actual - |
Report Date 2024-11-12 | When BeforeMarket | Estimate -0.68 | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) -269000% |
Management Effectiveness
Return on Assets (TTM) -106.09% | Return on Equity (TTM) -464.25% |
Valuation
Trailing PE - | Forward PE - |
Enterprise Value -2101879 | Price to Sales(TTM) 7.65 |
Enterprise Value to Revenue 7.41 | Enterprise Value to EBITDA -0.83 |
Shares Outstanding 9659500 | Shares Floating 2065780 |
Percent Insiders 32.95 | Percent Institutions 4.55 |
Trailing PE - | Forward PE - | Enterprise Value -2101879 | Price to Sales(TTM) 7.65 |
Enterprise Value to Revenue 7.41 | Enterprise Value to EBITDA -0.83 | Shares Outstanding 9659500 | Shares Floating 2065780 |
Percent Insiders 32.95 | Percent Institutions 4.55 |
Analyst Ratings
Rating 4 | Target Price 13 | Buy - |
Strong Buy 1 | Hold 1 | Sell - |
Strong Sell - |
Rating 4 | Target Price 13 | Buy - | Strong Buy 1 |
Hold 1 | Sell - | Strong Sell - |
AI Summarization
Notable Labs Inc. (NASDAQ: NLAB): A Comprehensive Overview
Company Profile:
Detailed history and background:
Notable Labs Inc. (NLAB) is a publicly traded, clinical-stage biotechnology company founded in 2013 and headquartered in San Francisco, California. The company focuses on developing novel therapies for patients with serious and life-threatening infectious diseases. NLAB's primary focus is on utilizing their proprietary SIRS (Systemic Inflammatory Response Syndrome) platform to develop anti-inflammatory therapies.
Core business areas:
- Anti-inflammatory therapies: NLAB's lead program is NL-201, a monoclonal antibody targeting IL-1α, a key driver of SIRS. NL-201 is currently in Phase 2 clinical trials for the treatment of sepsis and COVID-19-associated ARDS.
- Antiviral therapies: NLAB is also developing NL-637, a novel antiviral drug candidate targeting influenza A and B viruses. NL-637 is currently in preclinical development.
Leadership team and corporate structure:
- Dr. Michael Chang, CEO: Co-founder and CEO of NLAB, with over 20 years of experience in the pharmaceutical industry.
- Dr. David Apelian, CFO: Experienced financial executive with over 15 years in the biotech industry.
- Dr. John Walker, Chief Scientific Officer: Leading expert in immunology and inflammation with over 25 years of research experience.
Top Products and Market Share:
Top Products:
- NL-201: A potential first-in-class anti-inflammatory therapeutic for sepsis and COVID-19-associated ARDS.
- NL-637: A novel antiviral drug candidate for influenza A and B.
Market share:
NLAB is currently in the clinical development stage and does not have any products on the market. The company's market share is therefore dependent on the future success of its pipeline candidates.
Product performance and market reception:
- NL-201: Phase 2 clinical trial results for sepsis are expected in 2024. Phase 2 clinical trial results for COVID-19-associated ARDS are expected in 2025.
- NL-637: Preclinical data suggests that NL-637 has the potential to be a safe and effective treatment for influenza.
Competition:
NLAB faces competition from other companies developing anti-inflammatory therapies for sepsis and COVID-19-associated ARDS, as well as from companies developing antiviral drugs for influenza.
Total Addressable Market:
The global market for sepsis treatments is estimated to be worth over $10 billion, and the market for COVID-19-associated ARDS treatments is estimated to be worth over $5 billion. The global market for influenza treatments is estimated to be worth over $3 billion.
Financial Performance:
NLAB is a clinical-stage company and does not currently generate revenue. The company's financial performance is primarily based on its cash burn rate and its ability to raise capital.
Dividends and Shareholder Returns:
NLAB does not currently pay dividends. The company's stock price has been volatile in recent years, reflecting the high-risk, high-reward nature of investing in clinical-stage biotechnology companies.
Growth Trajectory:
NLAB's growth trajectory is dependent on the success of its clinical trials and the commercialization of its pipeline candidates. The company has a strong cash position and is well-positioned to continue to advance its programs.
Market Dynamics:
The market for anti-inflammatory therapies and antiviral drugs is highly competitive. NLAB will need to demonstrate the efficacy and safety of its pipeline candidates in order to be successful in this market.
Competitors:
- Sepsis: Eli Lilly (LLY), Merck (MRK), GlaxoSmithKline (GSK)
- COVID-19-associated ARDS: Regeneron (REGN), Gilead Sciences (GILD), Pfizer (PFE)
- Influenza: Roche (RHHBY), Sanofi (SNY), GlaxoSmithKline (GSK)
Potential Challenges and Opportunities:
Challenges:
- Demonstrating the efficacy and safety of pipeline candidates in clinical trials.
- Obtaining regulatory approval for its products.
- Commercializing its products successfully.
Opportunities:
- Large and growing market for anti-inflammatory therapies and antiviral drugs.
- Strong cash position and experienced management team.
- Potential for significant shareholder returns if pipeline candidates are successful.
Recent Acquisitions (last 3 years):
NLAB has not made any acquisitions in the last 3 years.
AI-Based Fundamental Rating:
An AI-based fundamental rating for NLAB is not available. However, the company has a strong pipeline of promising drug candidates and a solid financial position. NLAB is a high-risk, high-reward investment opportunity that could generate significant returns for investors if its pipeline candidates are successful.
Sources and Disclaimers:
- Notable Labs Inc. website: https://www.notablelabs.com/
- U.S. Securities and Exchange Commission (SEC) filings: https://www.sec.gov/edgar/search/
- Market research reports
Disclaimer: This information is for educational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Notable Labs Inc.
Exchange | NASDAQ | Headquaters | Foster City, CA, United States |
IPO Launch date | 2023-10-17 | Interim CEO & Chief Restructuring Officer | Ms. Kaile Zagger |
Sector | Healthcare | Website | https://www.notablelabs.com |
Industry | Biotechnology | Full time employees | 16 |
Headquaters | Foster City, CA, United States | ||
Interim CEO & Chief Restructuring Officer | Ms. Kaile Zagger | ||
Website | https://www.notablelabs.com | ||
Website | https://www.notablelabs.com | ||
Full time employees | 16 |
Notable Labs, Ltd., a clinical-stage platform therapeutics company, develops predictive precision medicines for patients with cancer. The company, through its proprietary Predictive Precision Medicines Platform (PPMP), bio-simulates a cancer treatment and predicts, whether or not the patient will clinically respond to their actual treatment. Its PPMP is designed to identify and select clinically responsive patients prior to their treatment and enables fast-track therapeutic development in this patient population. The company's pipeline includes Volasertib, a potent Polo-like kinase 1 (PLK-1) inhibitor to induce cell cycle arrest and apoptosis in various cancer cells; and Fosciclopirox, a pro-drug of ciclopirox for acute myeloid leukemia. Notable Labs, Ltd. was incorporated in 2014 and is headquartered in Foster City, California. On October 13, 2024, Notable Labs, Ltd. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.
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