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Adlai Nortye Ltd. Sponsored ADR (ANL)
NASDAQ:ANL
US Market
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Adlai Nortye Ltd. Sponsored ADR (ANL) AI Stock Analysis

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ANL

Adlai Nortye Ltd. Sponsored ADR

(NASDAQ:ANL)

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Neutral 50 (OpenAI - 5.2)
Rating:50Neutral
Price Target:
$13.50
▲(8.00% Upside)
Action:N/A
Date:08/17/26
The score is held back primarily by weak fundamentals—heavy losses, persistent cash burn, and negative equity implying elevated financing risk. Technical indicators are moderately positive (price above major moving averages with a positive MACD), which partially offsets the fundamental weakness, while valuation remains challenged due to the company being unprofitable and lacking dividend support.
Positive Factors
Strengthened Funding Base
The enlarged cash position provides resources to fund multiple clinical programs and operations through upcoming milestones. It improves near-term execution capacity, although future dilution remains a consideration for shareholders.
Negative Factors
Deep Losses and Unsustainable Margins
The current revenue base is far too small to absorb research, development and operating costs, leaving profitability highly dependent on future clinical success. Sustained negative margins could require additional capital before products generate recurring sales.
Read all positive and negative factors
Positive Factors
Negative Factors
Strengthened Funding Base
The enlarged cash position provides resources to fund multiple clinical programs and operations through upcoming milestones. It improves near-term execution capacity, although future dilution remains a consideration for shareholders.
Read all positive factors

Adlai Nortye Ltd. Sponsored ADR (ANL) vs. SPDR S&P 500 ETF (SPY)

Adlai Nortye Ltd. Sponsored ADR Business Overview & Revenue Model

Company Description
Adlai Nortye Ltd. (ANL) is a clinical-stage biotechnology firm dedicated to the research and development of innovative pharmaceutical products. Their flagship compound, AN2025, a pan-phosphoinositide 3-kinase inhibitor, is currently undergoing Pha...
How the Company Makes Money
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Adlai Nortye Ltd. Sponsored ADR Financial Statement Overview

Summary
Financial health is weak: the company remains deeply loss-making (large net loss in 2025 with strongly negative margins), continues to burn significant cash (negative operating and free cash flow), and reported negative equity in 2025, increasing financing/dilution risk. A modest positive is revenue re-emergence in 2025 and some loss/cash-burn improvement versus 2024, but sustainability remains unproven.
Income Statement
18
Very Negative
Balance Sheet
22
Negative
Cash Flow
17
Very Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue19.68M5.00M0.000.000.0045.73M
Gross Profit19.68M5.00M0.000.000.0045.73M
EBITDA-21.47M-32.63M-48.05M-106.22M-56.32M-53.51M
Net Income-22.53M-35.53M-51.87M-109.23M-58.79M-56.68M
Balance Sheet
Total Assets248.36M34.43M71.27M130.19M72.59M131.69M
Cash, Cash Equivalents and Short-Term Investments232.82M23.79M60.91M98.50M64.05M117.94M
Total Debt26.70M26.38M27.23M31.55M6.54M13.35M
Total Liabilities33.53M42.76M45.78M55.14M313.89M317.11M
Stockholders Equity214.83M-8.32M25.48M75.05M-241.29M-185.43M
Cash Flow
Free Cash Flow-58.25M-33.73M-51.99M-56.85M-44.49M-4.15M
Operating Cash Flow-57.97M-33.54M-51.82M-56.65M-43.22M-3.03M
Investing Cash Flow-98.02M-15.62M28.07M-10.95M28.38M-54.86M
Financing Cash Flow209.13M-3.82M-6.58M116.24M-6.78M97.20M

Adlai Nortye Ltd. Sponsored ADR Risk Analysis

Adlai Nortye Ltd. Sponsored ADR disclosed 134 risk factors in its most recent earnings report. Adlai Nortye Ltd. Sponsored ADR reported the most risks in the "Tech & Innovation" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Adlai Nortye Ltd. Sponsored ADR 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%
50
Neutral
$882.25M-7.01-21.82%
49
Neutral
$94.71M-1.18-70.14%16.04%
47
Neutral
$45.01M-4.39-45.89%-100.00%68.62%
43
Neutral
$31.09M-0.65-93.08%110.08%76.04%
40
Underperform
$41.65M-0.91-160.72%893.01%41.74%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
ANL
Adlai Nortye Ltd. Sponsored ADR
13.70
12.06
735.37%
VERU
Veru
2.64
-0.85
-24.36%
ALGS
Aligos Therapeutics
6.67
-3.54
-34.67%
GNTA
Genenta Science SpA Sponsored ADR
1.26
-2.23
-63.90%
ACRV
Acrivon Therapeutics, Inc.
2.21
0.88
66.17%
RADX
Radiopharm Theranostics Limited Sponsored ADR
2.44
-3.16
-56.43%

Adlai Nortye Ltd. Sponsored ADR Corporate Events

Adlai Nortye Boosts Cash Reserves and Advances RAS-Focused Oncology Pipeline in First Half of 2026
Aug 14, 2026
Adlai Nortye Ltd., a clinical-stage biotechnology company focused on innovative oncology drugs such as pan-RAS(ON) inhibitors and immune-modulating antibodies, is expanding its clinical and operational footprint in the U.S. and Singapore to suppor...
Adlai Nortye Wins Australian Clearance to Launch First-in-Class Pan-RAS(ON) ADC Trial
Aug 3, 2026
On August 3, 2026, Adlai Nortye announced that it has submitted a Clinical Trial Notification to Australia’s Therapeutic Goods Administration and secured Human Research Ethics Committee approval to start a phase I trial of AN4035, a CEACAM5-...
Adlai Nortye Begins Weekly Dosing Arm in Global Phase 1 Trial of RAS Inhibitor AN9025
Jul 17, 2026
On July 16, 2026, Adlai Nortye reported that the first patient in the United States has been dosed in the intermittent weekly (QW) arm of its global Phase 1 trial of AN9025, an oral pan-RAS(ON) inhibitor for advanced solid tumors harboring RAS mut...
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 17, 2026