Bicara Therapeutics Inc. (BCAX) AI Stock Analysis

• Market Cap: $816.80M
• Dividend Yield: N/A
• Average Volume (3M): 746.92K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.66
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 55
• Sector: Healthcare
• Sector Strength: 45
• Industry: Biotechnology
• EPS (TTM): -0.50
• Shares Outstanding: 54,781,950
• 10 Day Avg. Volume: 702,721
• 30 Day Avg. Volume: 746,920
• PEG Ratio: -0.56
• Price to Book (P/B): 1.93
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -12.67
• Enterprise Value/Market Cap: 0.09
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: -4.82K
• Enterprise Value/Ebitda: -0.53
• 1Y Price Target: $33.00
• Price Target Upside: 121.33% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 7
• EPS Forecast (FY): -2.28
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: ―

Bicara Therapeutics' stock score reflects its high-risk profile typical of early-stage biotechnology companies. The primary concern is the lack of revenue and dependence on external funding, but a strong cash position provides some financial stability. The technical analysis shows positive momentum, though investors should be cautious of potential overbought conditions. Traditional valuation metrics are not applicable, emphasizing the importance of monitoring R&D progress and market sentiment.

Positive Factors

Strong Cash Position

A strong cash position provides Bicara Therapeutics with financial flexibility to continue R&D and operations without immediate revenue, supporting long-term growth potential.

Innovative Technology Platform

The proprietary technology platform positions Bicara as a leader in innovative cancer therapies, offering a competitive edge in the biotechnology industry.

Improved Equity Position

An improved equity position enhances financial stability and investor confidence, enabling better capital management for future growth initiatives.

Negative Factors

Lack of Revenue

The absence of revenue highlights the high-risk nature of the company, relying heavily on external funding and posing challenges to financial sustainability.

Negative Cash Flow

Continuous negative cash flow from operations indicates ongoing financial challenges, necessitating successful financing to maintain operations and growth.

Dependence on External Funding

Dependence on external funding underscores financial vulnerability, with potential impacts on long-term viability if funding sources diminish.

Bicara Therapeutics Inc. Business Overview & Revenue Model

Company Description

Bicara Therapeutics Inc. (BCAX) is a biotechnology company focused on developing innovative therapies to treat cancer. The company leverages its proprietary technology platform to create bifunctional antibodies designed to enhance immune responses against tumors. Bicara's lead product candidates are aimed at addressing the unmet needs in oncology by providing novel treatment options that can improve patient outcomes.

How the Company Makes Money

Bicara Therapeutics Inc. generates revenue primarily through the development and commercialization of its therapeutic products. The company may earn money through licensing agreements, partnerships with larger pharmaceutical companies, and potential sales of its drug candidates once they receive regulatory approval. Additionally, Bicara might engage in collaborations for research and development to fund its projects. These partnerships can provide upfront payments, milestone payments, and royalties on future sales, thereby contributing to the company's earnings.

Bicara Therapeutics Inc. Financial Statement Overview

Summary

Bicara Therapeutics is in a high-risk phase typical for early-stage biotechnology firms, with no revenue and significant reliance on external funding. The strong cash position offers some financial flexibility, but ongoing losses and negative cash flow from operations highlight significant financial challenges. Investors should be cautious and aware of the potential for volatility as the company focuses on R&D activities.

Income Statement

Bicara Therapeutics Inc. has reported no revenue in the past three years, leading to negative EBIT and net income. The company is heavily reliant on external funding, as evidenced by its substantial negative net income and EBIT. The lack of revenue growth is a significant concern and reflects the high-risk nature of biotechnology companies in the research and development phase.

Balance Sheet

The company has a robust cash position with significant cash and short-term investments relative to its total debt, resulting in a negative net debt. However, the equity position has improved from a negative standpoint to a positive one, indicating a better capital structure. There is minimal debt, which mitigates financial risk, but the company still shows signs of instability due to fluctuating equity values.

Cash Flow

Bicara Therapeutics has negative operating and free cash flow, highlighting its reliance on financing activities to fund operations. The lack of revenue generation and continuous negative cash flow from operations is a concern. However, successful financing rounds have bolstered cash reserves, reflecting investor confidence despite operational challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	0.00	0.00	0.00	0.00
Gross Profit	-15.00K	0.00	0.00	0.00
EBITDA	-136.62M	-82.33M	-39.87M	-37.72M
Net Income	-121.52M	-68.00M	-51.98M	-37.84M
Balance Sheet
Total Assets	424.69M	510.00M	233.98M	6.70M
Cash, Cash Equivalents and Short-Term Investments	290.17M	489.71M	230.44M	4.16M
Total Debt	1.98M	738.00K	657.00K	0.00
Total Liabilities	21.91M	18.12M	382.75M	105.51M
Stockholders Equity	402.78M	491.88M	-148.77M	-98.80M
Cash Flow
Free Cash Flow	-113.06M	-74.82M	-46.21M	-32.27M
Operating Cash Flow	-112.98M	-74.75M	-45.63M	-32.08M
Investing Cash Flow	-236.16M	-9.00K	-586.00K	-192.00K
Financing Cash Flow	56.00K	334.03M	272.50M	31.70M

Bicara Therapeutics Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UPB	56 Neutral	$1.35B	-12.21	-40.80%	―	―	―
ZBIO	55 Neutral	$1.37B	―	-68.33%	―	―	―
RLAY	52 Neutral	$1.18B	-3.52	-41.14%	―	-16.50%	33.02%
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%
ABUS	51 Neutral	$927.82M	―	-52.82%	―	53.23%	35.32%
BCAX	48 Neutral	$816.80M	―	-26.64%	―	―	―
BCYC	41 Neutral	$454.65M	―	-34.63%	―	-23.43%	-9.84%