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Black Diamond Therapeutics
(NASDAQ:BDTX)
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Rating:46Neutral
Price Target:
$2.00
▲(13.64% Upside)
Action:Reiterated
Date:06/30/26
The score is weighed down primarily by weak and deteriorating fundamentals (TTM $0 revenue, sizable losses, and renewed cash burn) and a clearly bearish technical setup (price below major moving averages with negative MACD). Offsetting factors include a manageable debt position and supportive corporate developments, particularly the positive Phase 2 clinical data, but these are not enough to overcome current operating and cash-flow weakness.
Positive Factors
Precision mutation-targeting platform
A proprietary mutation-targeting platform provides durable strategic differentiation: it enables identification of genetically defined patient subsets, increases likelihood of targeted clinical success, and supports partnership and licensing models that can persistently enhance pipeline value independent of short-term market moves.
Negative Factors
Weak cash generation
Sustained negative operating and free cash flow creates runway and execution risk: ongoing cash burn forces reliance on financing or partnerships, can delay programs if funding gaps appear, and may necessitate dilutive raises or deal concessions that affect long-term shareholder value.
Read all positive and negative factors
Positive Factors
Negative Factors
Precision mutation-targeting platform
A proprietary mutation-targeting platform provides durable strategic differentiation: it enables identification of genetically defined patient subsets, increases likelihood of targeted clinical success, and supports partnership and licensing models that can persistently enhance pipeline value independent of short-term market moves.
Read all positive factors
Black Diamond Therapeutics (BDTX) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$96.84M
Dividend YieldN/A
Average Volume (3M)1.68M
Price to Earnings (P/E)―
Beta (1Y)2.37
Revenue Growth-100.00%
EPS Growth-1056.82%
CountryUS
Employees21
SectorHealthcare
Sector Strength45
IndustryBiotechnology
Share Statistics
EPS (TTM)-0.76
Shares Outstanding57,301,773
10 Day Avg. Volume669,522
30 Day Avg. Volume1,679,202
Financial Highlights & Ratios
PEG Ratio-0.05
Price to Book (P/B)1.23
Price to Sales (P/S)1.97
P/FCF Ratio4.67
Enterprise Value/Market Cap<0.01
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit>-0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$11.00Price Target Upside525.00% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)-0.65
Revenue Forecast (FY)$7.14M
Black Diamond Therapeutics Business Overview & Revenue Model
Company Description
Black Diamond Therapeutics, Inc. is a biotechnology enterprise dedicated to discovering, advancing, and bringing to market therapeutic agents specifically designed for patients with genetically characterized tumors. A core part of its pipeline is ...
How the Company Makes Money
null...
Black Diamond Therapeutics Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
63
Positive
Cash Flow
28
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 70.00M | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -113.00K | 69.67M | 0.00 | -437.00K | 0.00 | 0.00 |
| EBITDA | -38.09M | 22.69M | -69.33M | -82.00M | -90.66M | -125.39M |
| Net Income | -43.21M | 22.37M | -69.68M | -82.44M | -91.17M | -125.60M |
Balance Sheet | ||||||
| Total Assets | 132.92M | 143.01M | 122.64M | 158.57M | 156.25M | 247.68M |
| Cash, Cash Equivalents and Short-Term Investments | 118.26M | 128.65M | 98.58M | 131.40M | 122.81M | 209.79M |
| Total Debt | 17.88M | 18.78M | 22.19M | 25.30M | 28.14M | 28.46M |
| Total Liabilities | 28.62M | 30.80M | 39.35M | 41.83M | 40.56M | 51.78M |
| Stockholders Equity | 104.30M | 112.21M | 83.28M | 116.74M | 115.69M | 195.90M |
Cash Flow | ||||||
| Free Cash Flow | -34.03M | 29.61M | -62.30M | -66.75M | -85.27M | -102.86M |
| Operating Cash Flow | -34.03M | 29.61M | -62.30M | -66.72M | -85.08M | -100.15M |
| Investing Cash Flow | -33.95M | -44.91M | 16.97M | 16.35M | 53.37M | 130.61M |
| Financing Cash Flow | -363.00K | -146.00K | 25.55M | 71.93M | 177.00K | 729.00K |
Black Diamond Therapeutics Technical Analysis
Negative
1.76
Price Trends
1.95
Negative
2.26
Negative
2.64
Negative
Market Momentum
-0.05
Negative
41.62
Neutral
24.69
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BDTX, the sentiment is Negative. The current price of 1.76 is below the 20-day moving average (MA) of 1.83, below the 50-day MA of 1.95, and below the 200-day MA of 2.64, indicating a bearish trend. The MACD of -0.05 indicates Negative momentum. The RSI at 41.62 is Neutral, neither overbought nor oversold. The STOCH value of 24.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BDTX.
Black Diamond Therapeutics Risk Analysis
Black Diamond Therapeutics disclosed 81 risk factors in its most recent earnings report. Black Diamond Therapeutics 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
Black Diamond Therapeutics Peers Comparison
UnderperformOutperform
Sector (51)
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% | |
46 Neutral | $96.84M | -2.22 | -36.37% | ― | -100.00% | -1056.82% | |
45 Neutral | $144.21M | -1.74 | -116.86% | ― | -98.25% | 76.83% | |
44 Neutral | $48.56M | -0.77 | -91.94% | ― | 106.65% | 12.20% | |
43 Neutral | $89.91M | -3.14 | 5214.36% | ― | ― | 13.21% | |
43 Neutral | $43.51M | -0.13 | 73.11% | ― | 6.33% | -102.63% | |
43 Neutral | $133.55M | -1.00 | 65.27% | ― | 4.43% | 27.41% |
* Healthcare Sector Average
BDTX
Black Diamond Therapeutics
1.69
-1.14
-40.28%
KZIA
Kazia Therapeutics
12.62
4.28
51.32%
ONCY
Oncolytics Biotech
0.75
-0.13
-14.72%
KPTI
Karyopharm Therapeutics
1.92
-2.10
-52.24%
ADCT
ADC Therapeutics
1.05
-1.68
-61.54%
TCRX
TScan Therapeutics
0.74
-0.97
-56.55%
Black Diamond Therapeutics Corporate Events
Executive/Board ChangesShareholder Meetings
Black Diamond Shareholders Approve Directors and Annual Say-on-Pay
Positive
Jun 29, 2026
On June 26, 2026, Black Diamond Therapeutics, Inc. held its 2026 Annual Meeting of Stockholders in a virtual-only format, with 44,690,495 shares represented, establishing a quorum. Stockholders voted on director elections, auditor ratification, ex...
Business Operations and Strategy
Black Diamond Highlights Positive Phase 2 Silevertinib Lung Cancer Data
Positive
May 22, 2026
On May 21, 2026, Black Diamond Therapeutics reported positive Phase 2 data for silevertinib in treatment‑naïve non‑small cell lung cancer patients with non‑classical EGFR mutations, based on an April 11, 2026 data cutoff. In...
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.