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AEON Biopharma (AEON)
:AEON
US Market
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AEON Biopharma (AEON) AI Stock Analysis

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AEON

AEON Biopharma

(AEON)

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Neutral 42 (OpenAI - 5.2)
Rating:42Neutral
Price Target:
$0.28
▲(12.40% Upside)
Action:Reiterated
Date:08/01/26
The score is pressured primarily by weak financial performance (no revenue, recurring losses, cash burn, and negative equity) and a clearly bearish technical trend (price below all key moving averages). Valuation provides limited support due to negative earnings and no dividend, while recent financing modestly improves liquidity but adds dilution risk.
Positive Factors
Improved liquidity from equity offering
The recent equity offering added roughly $1.4M net proceeds, materially easing near-term financing pressure. This bolsters the company’s capital base to fund clinical programs and regulatory activities over the coming months, extending runway for milestone-driven value creation.
Negative Factors
No revenue and sizable recurring losses
The company generates no operating revenue and reported a TTM net loss around $60.1M, leaving it wholly reliant on financings. Persistent losses erode capital, force repeated dilution or debt raises, and constrain the ability to scale operations absent successful clinical outcomes or partner funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved liquidity from equity offering
The recent equity offering added roughly $1.4M net proceeds, materially easing near-term financing pressure. This bolsters the company’s capital base to fund clinical programs and regulatory activities over the coming months, extending runway for milestone-driven value creation.
Read all positive factors

AEON Biopharma (AEON) vs. SPDR S&P 500 ETF (SPY)

AEON Biopharma Business Overview & Revenue Model

Company Description
AEON Biopharma, Inc. is a biopharmaceutical company primarily engaged in developing therapies based on botulinum toxins, aimed at treating various debilitating medical conditions. Among its key investigational products is ABP-450, a 900 kDa botuli...
How the Company Makes Money
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AEON Biopharma Financial Statement Overview

Summary
Very weak fundamentals: no revenue across periods, sizable ongoing losses (TTM net loss about $60.1M), negative operating and free cash flow (both around -$12.0M TTM), and persistently negative stockholders’ equity. While cash burn improved versus prior years and debt is below the 2025 peak, financing and dilution risk remains elevated.
Income Statement
9
Very Negative
Balance Sheet
6
Very Negative
Cash Flow
12
Very Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit-19.00K0.000.000.000.000.00
EBITDA-24.07M-16.22M-27.73M-52.74M-52.49M-36.88M
Net Income-60.11M-39.22M42.01M-384.63M-52.56M-55.64M
Balance Sheet
Total Assets8.63M5.56M3.14M6.84M10.78M6.44M
Cash, Cash Equivalents and Short-Term Investments6.24M3.01M13.00K5.16M9.75M5.13M
Total Debt2.63M35.74M12.96M278.00K131.53M86.89M
Total Liabilities25.38M60.59M31.71M159.89M281.19M230.26M
Stockholders Equity-16.75M-55.03M-28.57M-153.04M-287.50M-234.94M
Cash Flow
Free Cash Flow-12.04M-17.31M-20.29M-47.83M-35.89M-28.60M
Operating Cash Flow-12.04M-17.31M-20.29M-47.83M-35.58M-28.43M
Investing Cash Flow0.00-4.00K0.000.00-306.00K-170.00K
Financing Cash Flow7.83M20.30M15.15M14.00M40.51M13.56M

AEON Biopharma Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.25
Price Trends
50DMA
0.58
Negative
100DMA
0.78
Negative
200DMA
0.90
Negative
Market Momentum
MACD
-0.13
Positive
RSI
18.00
Positive
STOCH
5.97
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AEON, the sentiment is Negative. The current price of 0.25 is below the 20-day moving average (MA) of 0.37, below the 50-day MA of 0.58, and below the 200-day MA of 0.90, indicating a bearish trend. The MACD of -0.13 indicates Positive momentum. The RSI at 18.00 is Positive, neither overbought nor oversold. The STOCH value of 5.97 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AEON.

AEON Biopharma Risk Analysis

AEON Biopharma disclosed 61 risk factors in its most recent earnings report. AEON Biopharma reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

AEON Biopharma Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
49
Neutral
$5.56M-0.09-99.39%95.40%
47
Neutral
$6.72M-0.27-341.23%71.83%
42
Neutral
$11.27M-0.06223.66%-101.45%
39
Underperform
$6.18M-0.82-269.02%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AEON
AEON Biopharma
0.29
-0.43
-59.31%
IMNN
Imunon
1.59
-6.41
-80.12%
XTLB
XTL Biopharmaceuticals Sponsored ADR
2.82
-4.02
-58.77%
RNAZ
TransCode Therapeutics
4.56
-6.84
-60.00%

AEON Biopharma Corporate Events

Business Operations and StrategyPrivate Placements and Financing
AEON Biopharma boosts liquidity with additional share sale
Positive
Jul 23, 2026
On July 15, 2026, AEON Biopharma, Inc. completed a public equity offering and, on July 23, 2026, sold an additional 4,696,102 shares of Class A common stock through a partial exercise of the underwriters’ over-allotment option, generating ap...
Executive/Board ChangesShareholder Meetings
AEON Biopharma shareholders approve directors and auditor slate
Positive
Jun 17, 2026
AEON Biopharma, Inc. held its Annual Meeting of Stockholders on June 17, 2026, at which shareholders elected Marc Forth and Seongsoo Park as Class III directors to serve three-year terms expiring at the 2029 annual meeting. Shareholders also ratif...
Business Operations and StrategyRegulatory Filings and Compliance
AEON Biopharma Releases Updated Investor Relations Presentation
Neutral
May 14, 2026
On May 14, 2026, AEON Biopharma, Inc. made a new corporate presentation available in the investor relations section of its website, which management may also use in future meetings with investors and other stakeholders. The company emphasized that...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 01, 2026